When people ask about social media outcomes, one of the best examples comes from Pepsi Refresh. In 2010, the Pepsi Refresh Project directly impacted the lives of 73,000 people and will complete 360 projects that will reach more than 1.1 million. Better than a "viral video," the company's contributions have sustainability. For an investment of $20 million, it will fund 400 ideas in 2010. Just a few of the outcomes that Pepsi has every right to be proud of...
• 26 parks and playgrounds that have been built or improved
• 54 public and private schools that have been improved
• 3,800 animals that have been saved or treated
• 23,000 volunteers involved in the project
• $3.2 million dollars of additional funding has been leveraged and secured
These numbers only scratch the surface of what the project has helped accomplish. For more ideas, visit Pepsi Refresh Project.
"We’re looking forward to continuing and expanding the Pepsi Refresh Project in new directions," said said Jill Beraud, chief marketing officer of PepsiCo Americas Beverages. "We’ve asked all our fans on Facebook to share their thoughts on what matters most and to provide us with ideas on how to improve the program for 2011. These insights have helped us shape the program next year."
While many companies might look at the total amount of funding and shrug at the deep pockets, it's always best to remember that scale is relative. In 2009, the company's revenues were $43.23 billion with a net income of $5.95 billion. The point?
Every company generating a profit might ask what it could accomplish with a fraction of a percent of its gross profit. With proper planning and direction, it could generate sustainable outcomes, it could engage people within their communities, and it could leave an imprint on everyone involved. In some cases, it might lead back to sales. But more importantly, it will likely do something even more substantial. There are some things people don't forget.
