ABBA had won the Eurovision Song Contest in April 1974 with the song " Waterloo " , which went on to be a major hit across Europe and in Australia and New Zealand . However , the immediate follow-up singles did not meet with the same success , and it was n't until over a year later that " I Do , I Do , I Do , I Do , I Do " , " SOS " and " Mamma Mia " became worldwide hits and reignited interest in the band . To capitalise on this resurgence of interest , several labels around the world released their own licensed compilations of ABBA 's singles up to and including " Mamma Mia " – these included a similarly-titled '' Greatest Hits '' by France 's Disques Vogue , and '' The Best of ABBA '' , released by West Germany 's division of Polydor Records and by RCA Victor in Australia and New Zealand . To counteract the possibility of import sales from these records in Scandinavia , ABBA 's record label Polar Music rush-released their own version of '' Greatest Hits ''
Eurovision Song Contest
Eurovision Song Contest 1974
Greatest Hits (ABBA album)