Develop a new social media-based project

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In 2010, Pepsi decided to develop a new social media-based project, called Pepsi Refresh Project, aimed at Millennials and allowing consumers to post ideas for improving their communities. This replaced the $20 million they spent on Superbowl advertising. The project received more than 57 million votes.

Do you think this was an effective strategy for Pepsi? Do you think this resonated with the Millennial generation?

Do you think this is a good example of corporate social responsibility (CSR)? Why or why not?

How does this CSR example for Pepsi compare with that of its main rival Coca-Cola (see https://coca-cola-corporate.com.yeslab.org/citizenship/index.html)?

Reference no: EM133099113

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