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| News |
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| April 11,
2000 |
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Soft
Drink Advertising Outpaces Overall Growth
The Category's 14.1% bests the 10.3% Overall Increase |
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| Reversing a trend of falling behind overall
growth for the last two years, the soft drink industry regained its
footing and bolstered its advertising expenditures by 14.1% over
1998 figures according to Competitive Media Reporting (CMR), the
nation's leading provider of advertising intelligence. The industry
spent $649.8 million in 1999 as compared to $569.6 million in 1998.
Overall, advertisers increased their outlay by 10.3%. While Coke
and Pepsi continue to slug it out on the supermarket shelves in
the battle for customers, Coca-Cola, as both a parent company and
brand, leads the pack in advertising expenditures. The Coca-Cola
Company outspent Pepsico by 31.7% and Coca-Cola Classic bested
Pepsi Cola by 57.4%. Despite a strong increase, 35.4%, from Cadbury
Schweppes PLC, the company ranked a distant third, 31.5% behind
Pepsi Co. Demonstrating the strength of the Coke brand, Coca-Cola
Enterprises, manufacturers and sellers of Coca-Cola licensed products,
ranked fourth, albeit well behind the top three, among industry
parent companies.
For more information on industry parent and brand leaders, see
the attached chart.
Competitive Media Reporting is the leading provider of strategic
advertising intelligence, serving advertising agencies, advertisers,
broadcasters and publishers. The company's tracking technologies
collect occurrence and expenditure data, as well as the creative
executions of over 900,000 brands across 15 media. CMR is headquartered
in New York City and maintains sales locations in major markets
throughout the United States. For further information, visit http://www.cmr.com.
Carbonated Soft Drinks
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| 1 |
Coca-Cola Company |
275,957.30 |
243,079.30 |
13.5 |
| 2 |
PepsiCo |
209,509.00 |
202,503.20 |
3.5 |
| 3 |
Cadbury Schweppes |
159,336.70 |
117,698.60 |
35.4 |
| 4 |
Coca-Cola Enterprises Inc |
1,757.10 |
1,138.10 |
54.4 |
| 5 |
National Beverage Corp |
1,204.60 |
539.9 |
123.1 |
| ($000) |
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| 1 |
Coca-Cola Classic |
139,702.40 |
115,461.50 |
21 |
| 2 |
Pepsi Cola |
88,766.20 |
82,685.60 |
7.4 |
| 3 |
Dr. Pepper |
70,726.30 |
55,247.20 |
28 |
| 4 |
Sprite |
68,235.20 |
56,483.40 |
20.8 |
| 5 |
Pepsi One Diet |
50,831.90 |
25,780.20 |
97.2 |
| ($000) |
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Editor's Note:
In 1998, the industry saw a 4% increase while the overall increase
was 8.3%, and in 1997 the numbers were -1% and 9.7% respectively.
Additional expenditure reports and analyses are available by calling
Daniel Prince & Associates — (212) 213-9060. |
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