first coca cola vending machine

First coca cola vending machine: Even though a bottle of Coca-Cola may seem cheap today, it is not if you can find it in a supermarket with low prices. Even the cheapest Coke bottle is expensive when compared to what the beverage cost in 1886.

Coke actually enjoyed a period of time where it was the least expensive (if not the cheapest) soda pop, even though the prices of other sodas increased.

Five cents was the price of the first bottled Coca-Cola product. Although this was a fair price in 1886 for the contract, it quickly fell by the rising tide of inflation.

But, because of a mistake in the contract, the Coke price of five cents would remain constant for more than 70 years.

This had long-lasting effects on both the soft drinks industry as well as the entire Coca-Cola business. Although it had positive side effects that lasted into the future, it caused financial strain for the company at first. There were many attempts to get around the requirements in the contract. Although Coca-Cola’s price rose eventually, it was still only five cents per bottle.

Coca-Cola cost five dollars for a 6.5-ounce bottle or glass between 1886 and 1959. This unprecedented period of price stability has not been seen since the occurrence. Although Coca-Cola had to eventually increase its price, it was still a nickel. This has been a surprise for both economists as well as consumers.