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"While it boasts the world's most valuable brand - and Coke has certainly been a success story with 3% volume growth worldwide - it also has a stable of smaller upstarts, and we've been impressed by how deftly it meets the marketing challenges of brands both big and small," said Abbey Klaassen, Editor, Ad Age.
"Its advertising is consistently good," she continues, "but the bigger marketing story is one of innovation at foodservice with Freestyle machines, with package design on brands such as Diet Coke, and in product development, such as Minute Maid Pulpy, its first billion-dollar brand launched in an emerging market. That we're awarding this honor the year
Ad Age cited several additional 2011 milestones for our Company, including: Diet Coke bypassing Pepsi to become the No. 2 sparkling beverage brand in the U.S.; Del Valle and Minute Maid Pulpy joining our growing roster of billion-dollar brands;
"All of these efforts are examples of the way the company is coalescing around management's 2020 Vision, which involves doubling system revenue and more than doubling servings to some 3 billion per day," writes Ad Age reporter Natalie Zmuda.
In an interview with Ad Age, Joe Tripodi credited the global community of more than 4,000 marketers and commercial leaders at The
"Because of the scale and size of
This year marks the 40th year that Ad Age has recognized a marketer of the year. The publication began singling out a marketer in 1971, when the award was known as Adman of the Year. Ad Age broadened its focus in 1993 and began recognizing companies, always with an emphasis on the marketing minds behind the world's biggest ideas, innovations and successes.