Coca-Cola’s Masterclass in Quick Thinking and Brand Power.
In 1989, as the Berlin Wall fell, Coca-Cola acted quickly.
Heinz Wiezorek, leading Coca-Cola Germany, saw the news and told his team to distribute free Coke to people crossing from East to West Germany.
People in Wartburg and Trabant cars got free cases, while those on foot received six-packs and cans. Over 70,000 cans were handed out at one checkpoint in hours.
Heinz and Douglas Ivester, leading Coca-Cola Europe, roamed East Berlin to see if people recognized Coke. Even without branding, the Coke bottle shape was recognizable. They decided to accept East German money, worthless at the time, confident in their brand's power.
Wiezorek emphasized speed: "There won't be two colas in restaurants and small outlets. They'll choose the first in the market." By moving quickly, Coca-Cola became the first cola in East Germany.
This bold move paid off: by 1995, East Germans drank as much Coke as those in the West. Coca-Cola provided free coolers to merchants, ensuring they stocked "the real thing," solidifying its market presence.
Insights:
Move Fast: Being first gives you an advantage.
Take Risks: Smart risks lead to rewards.
Trust Your Brand: Strong recognition opens doors.
Coca-Cola's quick decision-making and brand power achieved market dominance. Let this story inspire us to act quickly, take smart risks, and believe in our brand.
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