Coca-Cola Sidelines Super Bowl Ads For Second Year In A Row
For the second consecutive year, Coca-Cola has decided not to play in this year’s Super Bowl, as the beverage brand focuses on existing sports marketing plans. The move leaves rival Pepsi’s Super Bowl 56 presence without a major challenger during the broadcast. Pepsi previewed its “cinematic, supersized, five-headliner” Halftime Show lineup earlier this week. The brand spent about $10 million on ads during the 2020 Super Bowl. To put that number in context, Coca-Cola spent $2.78 billion on advertising in 2020, down from $4.25 billion in 2019 and $4.11 billion in 2018, according to its annual reports.
This article was originally posted on adweek.com
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