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            | Topic: | Technology | 
        
            | Number of pages / Number of words: | 3 / 737 | 
                
    
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In total, Pepsi reported about $5.7 billion in soft-drink sales for 1989, compared with Coke's revenues of $7.3 billion.
However, the loss of the account translates to just a one-point drop in Pepsi's overall share of the domestic soft-drink market, from 30.7 percent to 29.7 percent.
"This situation hurts Pepsi's image more than its wallet," said Manny Goldman, who tracks the soft-drink industry for Paine Webber in San Francisco...
        
        
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"Pepsi's most profitable fountain accounts have been at the local level [in places] like convenience stores and drugstores and independent restaurants."
Tod MacKenzie, a media relations representative of Pepsi-Cola, said losing the Burger King account was not totally unexpected.
"There had been so much upper-management change when Grand Met acquired it [Burger King], and we were operating on an open-ended contract anyway," MacKenzie explained...
        
        
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                                    . Soft Drink Industry Five Forces Analysis:
                                    1. Why Is The Soft Drink Industry So Profitable?
                                    Coke And Pepsi
                                    Coke Pepsi War
                                    Coke Vs. Pepsi
                                    Competitor analysis-soft drink industry
                                    Competitors Analysis - Soft Drink Industry
                                    Making your own soft drink
                                    Marketing Plan Soft Drink Company 1st half
                                    PEPSI V/S COKE
                                    pepsi and coke
                                    Soft Drink Industry Case Study
                                    Soft Drink Industry
                                    soft drink industry analysis
                                    Pepsi N Coke
                            
                    
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