Based on this YouTube video's total view count of 167K views and industry-standard rates, the estimated total earning is $118 - $336 through ad revenue. Historical data is not yet available to calculate daily, weekly, or monthly averages.

Explore Coca-Cola's Biggest Mistake | Why Coca Cola Cost 5 Cents For 70 Years? with 167,986 views, 5,429 likes, and 119 comments. Experience the impact of this video content that has captured audience attention.

This video is about " Coca-Cola's Biggest Mistake | Why Coca Cola Cost 5 Cents For 70 Years?" In 1899, two lawyers approached Coca-Cola President Asa Candler about buying Coca-Cola bottling rights. At that time, cola beverages were not famous. So, Candler sold the rights for one dollar. Unfortunately for Candler, the contract at the agreed-upon price had no expiration date, so he had essentially agreed to sell Coca-Cola at the same price forever and the company costs remained low due to this. Advertising strategies The non-expiring contract meant that the drink had to sell for a fixed price. This meant Coca-Cola’s profits could be increased by only increasing the number of bottles sold. To achieve this, Coca-Cola started aggressive marketing campaigns with the five-cent price tag. The campaign got successful, and bottlers did not increase prices. Coca-Cola didn’t want to remove this affordable drink image from the minds of customers, so they didn’t change the price. Vending machines This is another interesting factor that led to the same pricing. When Coca-Cola started selling their drinks through vending machines, they feared that requiring multiple coins (i.e six pennies or one nickel) would reduce sales. The closest price achievable with a single coin was five cents. This all ended when in the 1940s, inflation in the US begun to accelerate, making Coke unsustainable. In 1950, Coca-Cola prices went up to six cents. In 1951, Coca-Cola stopped placing “five cents” on new advertising material. By 1959, the last of the nickel Cokes had been sold. #CocaCola #BiggestMistake #5Cents #Coke #LiveHindi

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