Pepsi is thus competitively priced to its major competitors, offering a better tasting product than other brands at a competitive price.But this is due first to the pressure in the beverage industry regarding pricing due to constant rise of costs in transportation, ingredients and work force.
Moreover, the partnership with Wal-Mart impacts on its pricing strategies because of Wal-Mart urge to maintain low prices. So the company works hard on maintaining current prices by reducing their operating costs and adapting its processes.
Sources:
http://fr.slideshare.net/RyanBraganza/pepsi-marketing-mix#btnNext
http://www.marketing91.com/pepsis-brand-report-card-kevin-lane-keller/
http://www.marketingteacher.com/case-study/pepsico-case-study.html#
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