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10/22/2009 by Erinn Gormley (comments: 0)
From January to June, sales volumes for PepsiCo were estimated to have dropped 17.5 percent. Gatorade lost 4.5 percent of market share for sports drinks, but still dominates with 75% market share. And despite recent weak sales, the rebranding of PepsiCo’s Gatorade sports drink is said to be on target. The company also plans to launch various new brands to appeal to consumers that have shifted away from Gatorade. Leading the rebranding for Gatorade and other PepsiCo beverages is PepsiCo’s Americas Beverages chief Massimo d’Amore who has repackaged approximately 1,000 products. The "G" campaign for Gatorade included a new label with a big letter "G" and a smaller signature lightning bolt. Research by PepsiCo found that the campaign scores high in "the coolness factor." Clearly, PepsiCo foresees this rebranding will be far more successful than the disastrous Tropicana rebranding.
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