Few brands are more familiar worldwide than carbonated drink giants Coke and Pepsi. While their end products are functionally the same, there are major differences with their overall branding strategies — most noticeably with how frequently they each changed their logos.

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That is to say, over the years, Coke has barely changed much, with typefaces while Pepsi has changed quite a lot with each generation, beginning in the 1960’s.

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How Much Did it Cost?:
$1,000,000 (2006), other branding aspects not included. (source)
Fun Facts!
How Much Did it Cost?:
$0 — according to Coca-Cola. It may have started out free, but just using basic critical thinking, it’s safe to say they pay designers for every iteration, whether on a retainer or on some other basis.
Fun Facts!
In the simplest terms, Coca-Cola has consistently built it’s identity and value around tradition, while Pepsi has done the opposite, favoring an approach that attempts to keep the brand forever contemporary.
And it has little to do with product quality either — it’s just what their regular consumers expect.
Pepsi for instance, did not even begin to approach Coca-Cola in terms of sales nor brand loyalty up until it actively attempted to rebrand itself as the hip, modern counterpoint to Coke in the early 1960’s — beginning with its transition from a Spencerian script font similar to Coca-Cola’s to a sans serif font.
After two decades of continually appealing to younger, less traditional consumers, Pepsi had significantly eroded Coca-Cola’s market lead, causing them to do the unthinkable — change their product entirely.
When Coca-Cola introduced New Coke in 1985, they were pretty sure it would be a success, as test groups had overwhelmingly preferred the new, Pepsi-like formula to the traditional one. After all, most consumers seemed to prefer Pepsi when asked to take the infamous Pepsi Challenge.
However, when it was introduced to market, it was roundly rejected by consumers and the whole incident became a textbook case on misunderstanding markets. When the classic formula was reintroduced a few months later, Coca-Cola actually had a jump in sales.
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