Less is More: For Coca-Cola, Small Packs Mean Big Business
Coke’s latest shift in packaging has consumers wanting one more sip.
The recent focus on smaller cans and bottles is not only generating more transactions—it’s leading Coke back to its roots.
“When we were
growing up, Coke was eight ounces and we’d
drink it and go for that extra sip and wish there were more,” says Sandy Douglas,
president of
In the first
five months of 2015, retail sales of smaller packages of
“The consumer wanting smaller, proprietary packages is an undeniable trend,” Douglas says.
While 12-oz.
cans along with 2-liter and 20-oz. bottles still represent more than 70 percent
of the volume of bottles and cans of
Mini can sales
are also growing as consumers opt to control calories and reduce waste. In the
U.S., sales of
Douglas says consumers increasingly report that a 20-oz. bottle is pointless if half of it is never consumed. “The consumer is telling us that they like to finish their Coke based on the timeless insight that refreshment also means finishing it,” Douglas says. “It’s that last sip that has nothing left. You wish there was more.”
While
Today, however,
the
The result of
this shift is that even as sales of larger-sized legacy packages decrease, the
number of overall transactions of
“The past focus of both our company and the industry was how many gallons were sold,” Douglas says. “That’s not a good approach for anticipating and meeting consumer needs in a world exploding with choices. While this trend is just getting started, it is real and we believe the potential is great.”
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