In 1919, the Candler interests sold
The Coca-Cola Company to Atlanta banker Ernest Woodruff and
an investor group for $25 million. The business was reincorporated
as a Delaware corporation, and 500,000 shares of its common
stock were sold publicly for $40 per share.
Four years later, Robert Winship Woodruff, Ernest Woodruff's
son, was elected president of the Company, beginning more
than six decades of active leadership in the business. Before
joining the soft drink firm, the vigorous, 33-year-old Georgian
had risen from truck salesman to vice president and general
manager of White Motor Company.
The new president put uncommon emphasis on product quality.
Mr. Woodruff established a "Quality Drink" campaign
using a staff of highly trained servicemen to encourage and
assist fountain outlets in aggressively selling and correctly
serving Coca-Cola.
And with the assistance of leading bottlers, his management
estabfished quality standards for every phase of the bottling
operation. Mr. Woodruff saw vast potential for the bottle
business, so advertising and marketing support was substantially
increased. By the end of 1928, Coca-Cola sales in bottles
had for the first time exceeded fountain sales.
Robert Woodruffs leadership through the years took the Coca-Cola
business to unrivaled heights of commercial success. Merchandising
concepts accepted as commonplace today were considered revolutionary
when Mr. Woodruff introduced them. The Company pioneered the
innovative six-bottle carton in the early 1920s, for example,
making it easier for the consumer to take Coca-Cola home.
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The simple cardboard carton, described as "a home
package with a handle of invitation:' became one of the
industry's most powerful merchandising tools.
In 1929, the carton was joined by another revolutionary
advance, the metal, open-top cooler, which made it possible
for Coca-Cola to be served ice-cold in retail outlets. The
cooler later was improved through mechanical refrigeration
and automatic coin control. Factories, offices and many
other institutions thus became outlets for on-the-spot refreshment.
Much like the trademarked bottle, a distinctive fountain
glass, adopted as standard in 1929, helped advertise Coca-Cola.
Still used at many soda fountains, these glasses are visible
proof of the timeless popularity of Coca-Cola.
The 1933 Chicago World's Fair marked the introduction of
automatic fountain dispensers, in wlich syrup and carbonated
water were mixed as the drink was poured. Soda fountain
operators had dispensed Coca-Cola manually since its creation
in 1886, and visitors to the fair were amazed to see the
attendant serve a uniform, properly refrigerated drink simply
by pulling a handle. By 1937, the automatic dispenser had
become an important feature of the fountain and siraar "post-niix"
outlets. Today, modem fountain technology continues to dispense
Company products faster and better than ever before.
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