From The Paris Review:
Coca-Cola is the brand par excellence, the marca di tutti marche, the brand the other brands dream about being (even though the brands never sleep). Nothing else is even close. When it comes to what a brand is, Coke, as they say, is it. According to the branding consultancy Interbrand, Coke has a “brand value” of seventy billion dollars, which is twelve billion more than its nearest competitor, IBM. That’s a strange measurement, brand value, because it takes several nebulous things into consideration, including probably love. While many people are fond of Coke, some of them to the point of addiction, who even likes IBM?
Coke’s status is not merely economic or pop cultural or emotional or psychological. Coca-Cola transcends those categories to compete in the broader realm of speech, of monosyllables. We’re told that Coke is the second most recognized word in any language, after okay. There are 6.9 billion people in the world, and according to The Coca-Cola Company they drink 1.6 billion Cokes a day. I don’t have the figures for this, but it may be that right now the only thing people on this planet are doing more than breathing is drinking Coke. There may be more people drinking Coke this very minute than sleeping. There may be more people drinking Coke than awake.