The winning agency will be briefed with web build activity as well as extensive online campaign work.
The initial briefs will concentrate on youth marketing and will focus on how its digital strategy can be better used to target the youth market.
In the UK, the company does not have a retained agency. However, in the past it has used the regional agency Graphico for one off briefs.
Graphico's latest work for the client was to re-launch the Pepsi Max website, www.maxyourlife.com, in October 2006. The site encouraged uses to create and upload video clips showing how they "maxed" their day.
This was backed by the launch of a branded content channel on www.youtube.com, which was managed by MindShare Interaction.