Old wooden crates are very versatile and up to you however you use one if you own one, or find one! On eBay they seem to run between $15-$40. I found one very similar to mine on eBay for $27. I'm sure you can find one if you dig hard enough at your local antique stores.
I enjoy mixing older pieces in a newer environment. It gives environments more character and charm. It is easy to go overboard though, as you probably think a Pepsi crate in my bathroom is overboard, which it probably is. I enjoy it though! I'm not in Elle Decor so I think I'll be okay. For summer parties and outdoor use though its a fun and charming piece.
The four sections are great, guests have a special space for their drink, cutlery can be organized for buffet type dinners, and I have 4 usable shelves in my bathroom for additional space. So I do suggest finding one with bigger sections like mine rather than the ones with individual slots for each Pepsi bottle.
Feel free to ask me any questions or give me ideas about how you would use it below in the comments!