Question: In 1 9 8 5 , the Coca - Cola Company introduced New Coke, a reformulated brand of the original Coca - Cola drink. The
In the CocaCola Company introduced New Coke, a reformulated brand of the original CocaCola drink. The product modification was a major flop, and CocaCola switched back to the original
formula. What is the most likely reason the product modification failed to improve CocaCola's product mix?
New Coke could not compete against brand competitors like Pepsi.
The product modification was not consistent with customer desires.
Customers were not able to tell that a modification had been made.
Classic CocaCola was considered to be an unmodifiable product,
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
