New York (CNN Business) – For the first time in years, Coca-Cola is introducing a new Coke flavor: Orange Vanilla
The new drink will hit shelves later this month. It is a way to encourage customers who are seeking more variety than stick with Coke rather than picking up different soda, said Kate Carpenter, brand director for Coca-Cola Trademark, which includes Coke, Coke Zero and Flavored Cokes. company decided to add to and revamp its flavor offerings – Cherry Coke, Cherry Coke Zero, Vanilla Coke and Vanilla Coke Zero – after the successful launch of Coca-Cola Zero Sugar last year, Carpenter said.
Orange Vanilla Coke Orange Vanilla Coke Zero Sugar hit shelves on February 25. “/>
The beverage company is introducing new graphics on the Cherry and Vanilla packages for a "bit of a facelift," she said.
Once Coke decided to pursue a new flavor, Carpenter's team scanned Coke's international market for ideas. They considered a few options, including raspberry, lemon, and ginger, which performs well for the company in Asia.
Orange Vanilla Coke, which was available for a limited time in Canada last summer, caught their attention. They tested the flavor in the US market, where it was well received.
Consumers said the flavor was "unique and different in the flavored cola category," which is dominated by cherry, Carpenter said. Importantly, they also said they'd buy it in a regular Coke, rather than replacing it. And the flavor, though "unexpected," was still "familiar," she said.
Coca-Cola has experimented with a lot of flavors for Diet Coke, the zero-calorie offshoot of its core drink. This is the first new flavor for Coke since 2007. At the time, Vanilla Coke released ̵
Coca-Cola's new flavors haven't always been a hit. People famously revolved when the company changed the Coca-Cola recipe in 1985 and introduced New Coke. The company quickly returned to its original recipe.
The beverage company also experimented with Black Cherry Vanilla Coke and a coffee-flavor called Coca-Cola Blak, among others.
or the original recipe, said Laurent Grandet, a consumer analyst with Guggenheim Securities.
New flavors, he added, are a way of drumming up attention for the brand.
A line extension gives more product space on retail shelves. And flavors usually aren't discounted, so Coca-Cola can increase its margins by selling flavored versions of the product, he said.