
New Coke: The $4 Million Mistake (EP. 119)
In 1985, Coca-Cola made one of the most infamous marketing decisions in history. After spending millions of dollars on research and conducting nearly 200,000 taste tests, the company introduced New Coke, replacing its original formula. Just 79 days later, overwhelming consumer backlash forced Coca-Cola to bring back the classic drink. How could a decision backed …