Two-liter bottles of soda and bags of chips are synonymous with game day. But when it comes to the Super Bowl, it's all business for snack food's biggest player.
"Over 90 percent of consumers are going to have snacks and beverages during the game, and most of them are going to be Pepsi-Co products," said Greg Lyons, CMO of PepsiCo Beverages North America.
The company, which owns Frito-Lay, produces 600 million pounds of snacks in the six weeks leading up to the NFL championship game, said Rachel Fernando, CMO of Frito-Lay North America.
"This is 20 percent of our annual production and the second biggest eating day after Thanksgiving," she said.
Ratcheting up the pressure is PepsiCo's long-held position as a top advertiser during the annual event and the sponsor of the much-scrutinized half-time show for the last nine years.
"We've got six different brands that we're advertising, each with their own spot. Then we've got the Pepsi Halftime Show, and we've got Gatorade all game on the sidelines," Lyons said.
While snack favorites like Doritos will return with fresh ads, Cheetos also is coming back after a nine-year hiatus from advertising at the Super Bowl, and Mountain Dew will be getting press for an ad inspired by Stanley Kubrick's The Shining that will promote Pepsi's new Zero Sugar line.
PepsiCo also announced earlier this month that it will give a free Pepsi Zero Sugar to everyone in the U.S. if the final score of either team ends in a zero.
The biggest change this year is PepsiCo's halftime show partnership with Roc Nation, the entertainment and sports representation company founded by Jay-Z in 2008, which helped secure both J-Lo and Shakira for the big performances.
The Federal Trade Commission ruled that Intuit engaged in deceptive practices by running ads claiming consumers could file their taxes for free using TurboTax — when many taxpayers did not qualify for such free offerings.
WWE’s weekly television show, “Raw,” will move to Netflix next year as part of a major streaming deal worth more than $5 billion. WWE, which is part of TKO Group Holdings Inc., said Tuesday that “Raw” will air on Netflix starting in January 2025.
Propublica national reporter Peter Elkind shares details on his investigation into how scammers stole over $1 billion using Walmart's gift cards and financial services, and how consumers can protect themselves.
Ed Siddell, CEO and Chief Investment Advisor at EGIS financial explains why election years tend to cause bull markets, the latest inflation data, and why he’s concerned about the ‘debt bubble.’
Archer Aviation founder and CEO Adam Goldstein shares big news about the aerospace company's new partnership with NASA and why they want to make your trip to the airport just five minutes long.
iFit CEO Kevin Duffy shares how the company is bringing artificial intelligence-powered workouts to consumers, plus other fitness trends to be on the lookout for in 2024.
Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan. The firms offered $21 per share for the stock they don’t already own.