Finance:Pepsi Stuff

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Short description: Global loyalty program launched by PepsiCo
Pepsi Stuff
Pepsi Stuff logo.png
Pepsi Stuff Logo (Third Version)
Type of site
Customer loyalty
Available in1 language
DissolvedOctober 31, 1996; 27 years ago (1996-10-31) (First Version)

December 31, 2008; 15 years ago (2008-12-31) (Second Version)

February 28, 2019; 5 years ago (2019-02-28) (Third Version)
Predecessor(s)Pepsi Pass (Third Version)
Successor(s)Pepsi Pass (Second Version)
Created byPepsiCo
CommercialYes
RegistrationOptional
LaunchedMarch 28, 1996; 28 years ago (1996-03-28) (First Version)

February 1, 2008; 16 years ago (2008-02-01) (Second Version)

January 22, 2018; 6 years ago (2018-01-22) (Third Version)
Current statusInactive

Pepsi Stuff was a major loyalty program launched by PepsiCo, first in North America on March 28, 1996[1] and then around the world,[citation needed] featuring premiums — such as T-shirts, hats, denim and leather jackets, bags, and mountain bikes[1] — that could be purchased with Pepsi Points through the Pepsi Stuff Catalog or online. Customers could acquire points from specially marked Pepsi packages and fountain cups. Additional points were sold both by Pepsi and by consumers, the latter mainly enabled by eBay.[citation needed] The first Pepsi Stuff promotion ended on October 31, 1996. It was relaunched 12 years later on February 1, 2008, ended on December 31, 2008, and was relaunched as Pepsi Pass in August 2015. Pepsi Stuff was relaunched on January 22, 2018 with retro editions of Pepsi, and ended on February 28, 2019.[2]

History

1940s, '50s and '60s versions of the cans

Program inception

The premium-based loyalty program of PepsiCo called Pepsi Stuff was launched in the United States on March 28, 1996.[1] Points were distributed on four billion packages[3] and billions of cups and millions of consumers participated. According to some sources, the first Pepsi Stuff campaign significantly outperformed The Coca-Cola Company's much-anticipated Atlanta Olympics Summer with growth three times larger than Coca-Cola's and two points of share gained by Pepsi.[citation needed] Pepsi Stuff continued to run throughout North America due to consumer and bottler demand, and was eventually expanded to include Mountain Dew and other drinks, and into many international markets. It ended on October 31, 1996. In response to the campaign, The Coca-Cola Company accelerated and extended its discount pricing programs.[citation needed]

Partnership with Yahoo!

A five-month promotion was launched August 1, 2000 by PepsiCo and Yahoo!. Yahoo! powered the web presence of the Pepsi Points premium program, and a new logo was placed on Pepsi products with the line "Pepsi Stuff.com, Powered by Yahoo!"[4] Pepsi Stuff was one of the first major consumer promotions to feature a dedicated interactive Web site.[citation needed] Celebrities like Andre Agassi, David Beckham, Beyoncé, Cindy Crawford, Jimmy Fallon, Jeff Gordon, Derek Jeter, John Lee Hooker, Shaquille O'Neal, Deion Sanders, Shakira, Britney Spears, and the Spice Girls appeared in TV, print, and Internet advertising promoting Pepsi Stuff.[citation needed] PepsiCo produced over 200 million catalogs each year, billions of Pepsi points, and an extensive line of free merchandise.

Lawsuit

PepsiCo advertised Pepsi Stuff in a Super Bowl ad in 1996. In that ad, Pepsi advertised a Harrier jump jet as a prize that can be redeemed for 7,000,000 points. John Leonard realized that if he obtained 15 points, and bought the rest of the points, the jet would be cheaper than what it would cost to buy. So Leonard mailed it to Pepsi but the company refused to give him a Harrier jet. A lawsuit was filed in an attempt by a party to obtain a jet for 7 million purchased points. The suit, Leonard v. Pepsico, Inc., 88 F. Supp 2d 116 (S.D.N.Y. 1996) was dismissed and he did not get the jet.[5]

Other Pepsi campaigns

For the bottles Pepsi would provide a code under the bottle cap while in the cans it was inside the packaging box that it was shipped in

In the years after the initial Pepsi Stuff promotion, both Pepsi and Coca-Cola have introduced other promotions in a similar vein to the original campaign. Some promotions involved a variety of merchandise, while others involved specific products, such as Cash or MP3s. Pepsi's 2002–2003 iTunes campaign fizzled when only 500 cap codes were redeemed. Also in 2006, Pepsi introduced Pepsi Access in Canada to compete with iCoke, although that campaign ended in 2007.[citation needed]

The competition

In 2005, The Coca-Cola Company launched iCoke, a very similar program to Pepsi Stuff in which consumers collect points printed on packages in Canada. On February 28, 2006 — nearly ten years after the first Pepsi Stuff promotion began — The Coca-Cola Company responded with the launch of its first U.S. loyalty program and biggest promotion ever, My Coke Rewards, a premium program that is managed through four-billion unique codes that consumers can enter online to redeem over $50 million worth of premiums.[6]

Rebooting Pepsi Stuff

Pepsi would lastly re-release the 1998–2008 logo for the 2018 promotion. This would later have Britney Spears on these cans and bottles

On February 1, 2008, Pepsi relaunched the program, this time in partnership with Amazon MP3 and with a dedicated website that provides a "shopping" experience modeled on the Amazon website. Amazon's partnership follows to Amazon's actual website, where the option to pay for certain designated items with Pepsi Points instead of traditional payment methods, is available. Pepsi once again relied on celebrities to advertise the promotion, including a Super Bowl spot starring Justin Timberlake and featuring Andy Samberg from Saturday Night Live.[citation needed] This promotion ended on December 31, 2008.[7]

Relaunch as Pepsi Pass

The program relaunched in 2015 as Pepsi Pass,[8] with different ways consumers could earn points: Either through the program's app downloaded through iTunes or Google Play (for 500 points), finding codes under caps (for 1,000 points), or entering the code from the Pepsi website (for 100 points). This time, the prizes included gift cards, electronics, and more.

Relaunch under Pepsi Stuff name

During the 2018 promotion, Pepsi re-released several of their logos with famous musicians who were featured in their prior ad campaigns, including Ray Charles on a 1990s-style can similar to this one

The program relaunched January 22, 2018, reused the old Pepsi Stuff name, and ended on February 28, 2019. Like all programs using the name, points could be earned by finding codes on caps and packaging. But this time, the program partnered with the NFL to add NFL merchandise as part of the possible prizes users could get, in addition to premiums and drawings for concert tickets. Users could also download retro posters with their points as well.

Point values

Different products had codes worth different point values; single bottles generally had one point while can 12-packs had two and 24-packs had four. Codes from Pepsi NFL Kickoff 12-packs were worth four points. Items available for redemption through the promotion ranged in value from 5 points (MP3 song download) to 175 points (Vintage Pepsi logo hoodie sweatshirt). Customers could also redeem points for entry in various sweepstakes.[citation needed]

In February 2010, Pepsi launched a similar rewards system in New Zealand on 1.5 litre bottles. Codes on the inside of the labels allowed consumers to purchase MP3s on Bandit.fm. It still is around today[timeframe?] and 20 ounce bottles are worth one point along with the taller 16 ounce cans individually.

See also

References

External links