Well, you must have heard the big news. The story, essentially, is this: three people, one a Coca-Cola employee, tried to sell Pepsi some of Coke’s secret recipes. Pepsi called the Feds, and, because spreading a person’s secrets is bad manners but spreading a corporation’s secrets is illegal, those three people are now probably going to prison.
I have a couple of thoughts about this. First, if I was Pepsi, I’d be a little insulted. I mean, what’s the implication: that the only reason my cola tastes like that is because I don’t know how to make it more like Coke? The hell with that! If you ask me, Coke should be trying to buy my secret recipes! I’ll tell you something for free, mister: we here at Pepsi already know how to make Coke. Coke, that’s what we scrape off the bottom of our vats and give away to pig farmers and the homeless.
Second, if I was Coke, I’d be insulted, too. These guys were offering up Coke’s newest product, which hasn’t even been released yet, and for that they wanted $75,000. I bet that’s less than you can win if you look under the right bottle cap of that product, when it comes out. And not only that, but Pepsi wasn’t interested. That’s got to be deflating. Those Coke developers probably spent months, maybe years, creeping around and looking over their shoulders for Pepsi spies. Then the recipe gets out, Pepsi takes a look, and says, “Nah, we’re good, thanks.” How is Coke meant to market that now? It could come up with the most brilliant campaign in advertising history, and all Pepsi needs to do is say, “Yeah, we got offered that. Didn’t want it.”
The only good for either company is that it encourages people to believe that colas are the result of secret, mystical recipes, and not cough syrup plus sugar. (I mean, come on. What’s all that advertising for? Because you’ve never heard of Coke or Pepsi? I get very suspicious about products that need to teach people why they like them. And food is the worst; we already know that what we think of as “taste” only bears a tenuous relationship to the chemical composition of what we put in our mouths. Taste is mostly marketing. All you need to do to prove that is try to feed a three-year-old.)