Review of the Pepsi Refresh Project
Summary of Pepsi Refresh Campaign
Long, long ago, right before Superbowl 2010, PepsiCo made a major marketing decision: instead of spending their $20 million budget on their previously popular television advertisements during the game, they were to spend the money on a major social media campaign.
And so was born the Pepsi Refresh Project.
In an attempt to bring the brand front and center in the minds of consumers (rather than have them distractedly watch a few commercials), PepsiCo created a campaign that literally asks consumers for their opinions on how millions of dollars should be spent. Not only do they ask for opinions, but they actually listen to what people have to say. Talk about integration.
Consumers are invited to brainstorm ideas on how to make the world a better place. If they think they have a good one, consumers are encouraged to market and sell their ideas to as many people as possible. The better they sell their idea, the more votes they receive, and so rises the possibility of receiving a grant (ranging from $5,000 to $50,000).
You may ask, “How many votes does one need in order to win?” The answer? Millions. Contest entries are broadcast to the world through social media websites, primarily facebook, twitter, and youtube. Through reposts, retweets and word of mouth, votes are accumulated, and at the end of the month if you have enough votes, you could become a finalist and potentially win thousands of dollars to put your idea into action.
Critique of Pepsi Refresh Campaign
Okay, so yes, this brings a warm, fuzzy feeling to consumers and yes this will bring people’s attention on the company. But what is it really doing to make PepsiCo more successful financially? This has been one of the major critiques of the Pepsi Refresh Project.
Since the project has been in effect for almost two years, PepsiCo and its marketing team have had time to refine and revise. One thing they changed, to increase profitability, is actually involving the product in the project. Now, certain Pepsi bottles come with “power votes”, meaning your vote with a code (from the bottle) is worth more.
I believe in the idea. It shows the company in an extremely positive light; the company obviously cares about making the world a better place. It gives power to the people (which is one of social media’s major results), not only through allowing strangers to organize but also individually, by giving one person the power to put their idea into effect.
Besides, one year of not having commercials during the Superbowl is a small price to pay for the hundreds of communities that are being made better monthly with the help of PepsiCo.


