Coca Cola’s Big Music Push
Coca Cola, the iconic brand that sits at the top of the 100 most valuable brands list according to Interbrand, is making a big push into the musical array in 2011. For a sugary drink that is not really good for anyone holding the top spot really goes to show the power and position of the brand in the minds of the consumer. If you come to think about it all the strategic moves by Coca Cola are aimed at creating a blue ocean of uncontested market space. Of course not everything they have done has been successful – case in point, Coca Cola Blak – the coffee flavored cola beverage. But by and large Coke was a beverage like no other at the time of it’s creation. In fact it was the only beverage in the world which had about 60mg of cocaine in every serving up until 1903. Rumor or True? No one knows. But time and time again they have done some wonderful things, like sponsoring one of the world’s most iconic TV shows – American Idol, thereby further entrenching their equity and association with music. Even the decision to work with Weiden + Kennedy was a great strategic move. To go for the hottest and not just the biggest. They have done some great brand building work for Coca Cola. Owning something broad and general like happiness was never going to be easy for anyone, but Coke certainly comes out on top in this space. From Happiness Factory to Open Happiness, W+K and Coke have produced some great creative across media.
And here we are in 2011 with another hot new initiative by Coca Cola – branded music. It seems that this is part of a larger strategic push that should unfold through the year. For now they have created a song supported by TV spots which is ruling the radio waves and conventional TV all the same. It evokes that moment when one gets carried away enjoying their music, singing along and feeling like a star. But first check out the video to “Can you feel it tonight” by One Night Only. Then see the TV spot adaptation below. Good stuff!