Under the leadership of CBO Donald Kendall, Pepsi in 1963 launched its "Pepsi Generation"
marketing campaign, which targeted the young and "young at heart." The campaign helped Pepsi
narrow Cake's lead to a 2-to-1 margin. At the same time Pepsi worked with its bottlers to modernize
plants and to improve store delivery services. By 1970,Pepsi bottlers were generally larger than their
Coke counterparts. Coke's network remained fragmented, with more than 800 independent
franchised bottlers (most of which served u.s cities of 50,000 or less) Throughout tins period,Pepsi
sold concentrate to its bottlers at a price that was about 20% lower than what Coke charged. In the
early 1970, Pepsi increased its concentrate prices lo equal those of Coke. To overcome bottler
opposition,Pepsi promised to spend this extra income on advertising and promotion