Podcasts about distill ventures

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Best podcasts about distill ventures

Latest podcast episodes about distill ventures

Business of Drinks
64: How Elwyn Gladstone Built Hit Spirits Brands Shanky's Whip and Malfy Gin - Business of Drinks

Business of Drinks

Play Episode Listen Later May 14, 2025 56:02


What does it take to create a spirits brand that's irresistible to both consumers and potential acquirers? For Elwyn Gladstone, the answer lies in big ideas, bold packaging, and global hustle. Elwyn is the founder of Biggar & Leith, the spirits company behind hits like Malfy Gin, acquired by Pernod Ricard in just four years, and Shanky's Whip, a black Irish whiskey liqueur now sold in 80+ countries and tracking toward 130,000 cases in 2025.In this episode, Elwyn unpacks his approach to building globally resonant brands — from his roots on the teams that launched Hendrick's Gin and Kraken Rum, to creating one of the most original and fastest-scaling brands in Irish whiskey today. With no outside capital and a lean team, he's showing just how far smart storytelling and standout design can take a brand.Elwyn shares:Why differentiation is everything — from liquid to packaging to positioningHow Malfy Gin was built to stand out at shelf with color, Italian provenance, and flavor innovation — and why “lemon gin from Italy” worked everywhereHow Shanky's Whip won over skeptics with a unique flavor (vanilla + caramel + Irish whiskey) and a product story that was fun, not intimidatingWhy Biggar & Leith ignored the “go deep before wide” rule — and built brands in dozens of countries from Day OneHow the team uses a plug-and-play playbook for each market, with toolkits, pricing, and targeted channel strategiesHow Elwyn keeps his team lean (fewer than 10 FT hires), yet executes in 80+ countriesWhat most drinks founders misunderstand about scale, distributor relationships, and brand-building prioritiesLast Call:On Last Call, we're commemorating the 20th anniversary of Granholm, which was decided on May 16, 2005. On Last Call, we're joined by Sean O'Leary of O'Leary Group, one of the country's leading liquor lawyers, to break it all down:Why Granholm helped wineries — but left retailers and spirits brands behindThe legal trends that could reshape shipping againWhere producers are still blocked — and what states to watchWhat smart founders should know about future DTC expansionDon't miss our next episode, dropping on May 21.For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as Head of Search at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor: Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineSPONSOR: SWIG Partners is exclusively offering $100 off their supplier-distributor matchmaking fee when you mention the Business of Drinks podcast, or inquire via this link: ⁠https://www.swigpartners.com/businessofdrinksIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
63: How Avaline Became a $33M Wine Powerhouse with CEO Jen Purcell - Business of Drinks

Business of Drinks

Play Episode Listen Later May 7, 2025 67:33


At a time when much of the wine industry is flat or in decline, Avaline — founded by Cameron Diaz and Katherine Power — is breaking sales records. In 2024, Avaline crossed 213,000 cases sold, generated $33.2 million in tracked retail sales, and saw 48.8% year-over-year growth.In this episode, we speak with Jen Purcell, Avaline's CEO, who has led the company to retail dominance. Under her leadership, Avaline has dialled in its retail strategy, becoming a top-selling wine at key retailers like Sprouts, Whole Foods, and Total Wine. They've expanded to all 50 U.S. states, and built a loyal DTC and affiliate customer base — all while disrupting wine norms with a transparent, health-conscious, and lifestyle-forward approach.In this episode, Jen shares:How Avaline built traction with consumers by emphasizing organic ingredients, clean labels, and simplicity over terroirWhy Avaline launched in retail first, grew DTC later, and is only now expanding into on-premiseThe thinking behind early SKUs like “White” and “Rosé,” and why the brand later expanded into varietals like Cabernet, Chardonnay, and Sauvignon BlancHow the team grew an affiliate network of 700+ brand fans who drive sales through community-based storytellingWhy Avaline's marketing team is built with talent from fashion, beauty, and lifestyle — not wineWhat's working in paid ads, social, and influencer marketing — including a focus on UGC and lifestyle content over traditional product shotsLast Call:Do wine writers need formal wine certifications? That's the provocative question we're tackling on this week's Last Call on the Business of Drinks podcast — sparked by a viral Substack post from author Henry Jeffreys. With 134,000 people taking WSET exams in the past year alone, wine education is booming. But is it necessary to be a great communicator? We've got thoughts.Don't miss our next episode, dropping on May 14.For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as Head of Search at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor: Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineSPONSORS: This episode is brought to you by eBev 2025 — the premier forum for beverage marketing leaders, happening May 28–30 at The Conrad in Indianapolis. Visit bevmarketing.org for more info.The next wave of beverage design is here! Check out Studio Garces at martigarces.es Reach out at hola@martigaces.es and mention Business of Drinks for a free 30 minute consultation. SWIG Partners is exclusively offering $100 off their supplier-distributor matchmaking fee when you mention the Business of Drinks podcast, or inquire via this link: ⁠https://www.swigpartners.com/businessofdrinksIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
62: Brand First, Pumpkin Spice Never: Evan Burns on Building The Finnish Long Drink to 2.7M Cases - Business of Drinks

Business of Drinks

Play Episode Listen Later Apr 30, 2025 61:09


In just five years, The Finnish Long Drink has grown from a quirky imported concept to one of the fastest-scaling RTD brands in the U.S.—crossing 2.7 million 9L cases in 2024, up from just 33,000 cases in 2019.In this episode, Evan Burns, co-founder and CEO, shares the story of how he and three Finnish co-founders turned a legacy Finnish beverage — originally invented for the 1952 Helsinki Olympics — into a U.S. juggernaut. With 52,000 retail doors across 46 states, investors like Jay-Z's Marcy Ventures, and a growing fanbase that spans demographics, Long Drink has become one of the biggest breakout hits in spirits-based RTDs.In this episode, Evan shares:How The Finnish Long Drink grew 50%+ year-over-year through focused execution and simple, consistent brandingWhy “availability and awareness” are the two metrics that drive every business decision — and how the team measures cold box placement, displays, and social tags dailyWhy Long Drink keeps it SKU set small — and why Evan believes "flavor isn't innovation"The origin and impact of viral marketing moments — like the #PantsDrunk campaign during COVID and $5 Venmo bar activationsHow organic celebrity interest from actor Miles Teller, DJ Kygo, and golfer Ricky Fowler led to authentic, long-term brand ambassadorshipWhy Long Drink turned down multiple VC offers and focused on velocity-driven growth with strategic capital partnersHow the team grew to 110 employees, prioritizing on-the-ground brand ambassadors and salespeople over corporate hiresThe real reason Evan says they'll never make a pumpkin spice Long DrinkLast Call: This week, we explore the overlooked (and often underestimated) world of fruit wines — and why smart wineries should be paying close attention. States like Michigan, New York, Virginia, and North Carolina are growing incredible fruit beyond grapes, and making some pretty compelling fruit wines. Should they lean into it? We discuss.Don't miss our next episode, dropping on May 7.For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as Head of Search at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor: Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineSPONSOR: SWIG Partners is exclusively offering $100 off their supplier-distributor matchmaking fee when you mention the Business of Drinks podcast, or inquire via this link: ⁠https://www.swigpartners.com/businessofdrinksIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
61: How Canned Wine Brand Archer Roose Scaled to 100K Cases with Marian Leitner-Waldman - Business of Drinks

Business of Drinks

Play Episode Listen Later Apr 23, 2025 68:26


While much of the wine industry is flat or declining, Archer Roose is bucking the trend in a big way. The canned wine brand, founded by Marian Leitner-Waldman, has more than tripled production since 2021, surpassed 100,000 9-liter case equivalents, and is on track to double again in 2025. With its distinct format, irreverent branding, and placement in non-traditional channels like JetBlue, Dave & Buster's, Vail Resorts, and Regal Cinemas, Archer Roose is proving that smart strategy and sharp storytelling can rewrite the wine sales playbook.In this episode, Marian shares how she built Archer Roose into one of the most innovative and fast-growing wine brands in the U.S. — a company that's not only thriving but helping reshape how, where, and why consumers enjoy wine today.Listen for these insights:How Marian built a premium wine brand that's grown every year since launch and now sells 70,000 cases annually on JetBlue aloneWhy partnering with beer distributors was the key to breaking into non-traditional channels like ski resorts, arcades, and movie theatersThe technical innovations that enabled Archer Roose to achieve a 2-year shelf life in cans, thanks to R&D with Cornell UniversityWhy Archer Roose focuses on 7 tightly curated SKUs and builds winemaker partnerships for each varietal and regionHow celebrity co-owner Elizabeth Banks became Chief Creative Officer and helped the brand go viral — while also keeping the focus on the end consumerHow controlled pours, waste reduction, and high-margin glass sales have made Archer Roose a profit-driving partner for on-premise operatorsWhy Marian structured her sales team like a tech company, with dedicated roles for business development, key accounts, and regional wholesale managementHow the brand uses humor and performance marketing to build mindshare across DTC, retail, and on-premise accountsLast Call: This week, we talk about seasonal selling. Are limited time offers or holiday promotions — like margaritas for Cinco de Mayo or Negroni Week in summer — good, bad, or indifferent? Caroline, Scott, and Erica share their perspectives.Don't miss our next episode, dropping on 4/30.For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as Head of Search at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor: Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineSPONSOR: SWIG Partners is exclusively offering $100 off their supplier-distributor matchmaking fee when you mention the Business of Drinks podcast, or inquire via this link: ⁠https://www.swigpartners.com/businessofdrinksIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
60: Building Skurnik Wines & Spirits: Inside a $200M Legacy with Harmon Skurnik - Business of Drinks

Business of Drinks

Play Episode Listen Later Apr 16, 2025 70:08


In this episode of Business of Drinks, we sit down with Harmon Skurnik, president of Skurnik Wines & Spirits, one of the most influential importers and distributors in the U.S. With more than $200 million in annual revenue, a wholesale presence in nine states, and import reach across the nation, Skurnik has grown into a powerhouse while holding tight to its roots as a family-run, quality-first business.Unlike many peers, the Skurnik team has never chased scale for scale's sake. Instead, their approach has been defined by thoughtful, organic growth — expanding only when the opportunity was right. From rescuing a struggling Ohio distributor to launching what would become their top-selling brand, The Pinot Project, Harmon shares how Skurnik's strategy has delivered both scale and staying power. In fact, Skurnik's sales were up in 2024, while much of the wine industry contracted — a testament to their effective operations and strategic growth path.In this episode, Harmon shares:How Skurnik Wines & Spirits grew from a two-man operation in NYC to a national player with 270+ employeesWhy they still personally taste every wine and interview every employee — even with operations in nine statesThe story behind The Pinot Project, now their #1 SKU, selling 65,000 cases and $6 million annuallyHow the team turned around a failing Ohio distributor into a thriving business in Ohio, Kentucky, and IndianaWhy the company avoids expansion for expansion's sake, and only grows where it can add true valueHow Skurnik positions itself as a marketing partner, not just a logistics provider, for its suppliersWhat makes a good distributor in today's market — and why asking "how many reps do you have?" misses the pointLast Call: We dig into a provocative piece by cocktail historian and author David Wondrich: “Why Is My Drink So Damn Weird?” (via Punch). Erica, Scott, and Caroline debate:

Business of Drinks
59: How Aaron Nosbisch of BRĒZ Built a $28M Functional Drinks Brand in 2 Years - Business of Drinks

Business of Drinks

Play Episode Listen Later Apr 9, 2025 73:02


If you want to understand how to build a breakout brand at warp speed, this is the episode for you.In just two years, Aaron Nosbisch, founder and CEO of BRĒZ, has scaled his functional THC beverage company from zero to a projected $50M+ in revenue for 2025. The results so far are remarkable: BRĒZ sold $28 million in product in 2024, largely DTC and via a quickly expanding retail footprint of some 2,000 retail doors nationwide — and the company was profitable after just 6 months.In this conversation, we unpack how BRĒZ became a rocket ship in the functional drinks space, combining hemp-derived THC, CBD, lion's mane mushrooms, and adaptogens to create a new class of social beverages that's resonating with audiences young and old.Even more remarkable? Aaron has built BRĒZ in public, posting monthly breakdowns of the company's financials, subscriber counts, customer acquisition costs, and more.In this episode, Aaron shares:Why BRĒZ is a functional platform, not just a THC beverage — and why that distinction mattersHow the brand scaled to 8 million cans and achieved $28M in revenue in less than 24 monthsWhy DTC was the launchpad — but retail is now the growth engineThe inside story behind BRĒZ's formulation, branding, and “ancient-future” designHow Aaron uses his background as founder of Lucyd, the largest cannabis advertising agency, to win on Meta, TikTok Shop, and AmazonWhy audience psychographics > demographics — and how BRĒZ appeals across generationsThe playbook behind Total Wine sellouts, 87% DTC revenue, and hitting 10,000+ subscribersLast Call: Join Caroline, Scott, and Erica as we dive into the Areni Global report, Rethinking Wine Education, to unpack the massive gap between what's taught in formal wine certifications — and what the modern wine industry actually needs.Don't miss our next episode, dropping on April 16.For the latest updates, follow us:For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as Head of Search at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor: Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineSPONSOR: SWIG Partners is exclusively offering $100 off their supplier-distributor matchmaking fee when you mention the Business of Drinks podcast, or inquire via this link: ⁠https://www.swigpartners.com/businessofdrinksIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
58: Building a 2.7M Case RTD Powerhouse with Adam Kroener of Carbliss - Business of Drinks

Business of Drinks

Play Episode Listen Later Apr 2, 2025 62:39


If you want a real-world blueprint for explosive growth in the drinks industry, look no further than Carbliss — an independently owned RTD brand that scaled from a home kitchen experiment to 2.7 million cases in 2024 — in just five years.In this episode, we sit down with Adam Kroener, co-founder and president of Carbliss, to break down how he's disrupting the RTD category with a product-first, regionally focused strategy. Rather than going national too soon, Adam and his team have taken a “narrow and deep” approach, flooding targeted markets with retail and on-premise placements to build velocity and pull-through demand — a playbook that's landed Carbliss among the fastest-growing RTD brands in America.In this episode, Adam shares:How Carbliss grew from 400K cases in 2022 to 2.7 million in 2024 — and why he's not in a rush to go nationalWhy flavor is everything — how Carbliss wins at “liquid-to-lips” and drives high velocity per outletThe brand's unique on/off-premise playbook — focusing 50% of the year on each channel for maximum impactHow they hold distributors accountable to performance targets before expanding into adjacent marketsHow Carbliss built a 35-person sales team to support deep regional distribution and prevent product from sitting on shelvesAdam's journey from cheese co-packer to beverage CEO, and why his lack of beverage industry experience turned out to be a competitive advantageHow a combination of bootstrapping, smart credit, and one key angel investor allowed them to scale without giving up controlWhy Carbliss appeals to a broad range of drinkers — from 21-year-olds to 80-year-olds at the VFW, and what that means for their brand strategyListen in to get Carbliss' growth playbook!Last Call: This week, we unpack an eye-opening chart from the American Association of Wine Economics. Did you know that one supplier controls a full third of the market? And the top 10? They're responsible for about 70% of total case volume. We break down what this means for the wine aisle, and how that's changed over time (we refer to a 2011 study). And we discuss why indie brands struggle to break through; how the biggest players keep growing; and the one strategy that's working for small brands right now.Don't miss our next episode, dropping on April 9.For the latest updates, follow us:For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as Head of Search at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor: Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineSPONSOR: SWIG Partners is exclusively offering $100 off their supplier-distributor matchmaking fee when you mention the Business of Drinks podcast, or inquire via this link: ⁠https://www.swigpartners.com/businessofdrinksIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
57: How to Build a Million-Follower Drinks Brand with Vishal Patel, CEO of James Gin - Business of Drinks

Business of Drinks

Play Episode Listen Later Mar 26, 2025 59:47


In this episode, co-host Scott Rosenbaum sits down with Vishal Patel, CEO of James Gin, one of the fastest-growing and most unconventional spirits brands on the market. Founded in the UK by Top Gear's James May and master distiller Hugh Anderson, James Gin has already surpassed $2 million in revenue, with 50% of sales coming from the U.S. — a market not traditionally known for embracing gin.Vishal shares how the brand is flipping the traditional playbook on its head, building a media-first business with over 1 million followers across social platforms, and driving sales through digital-first, DTC strategies (!!). His insights are essential for any drinks entrepreneur navigating today's saturated and highly competitive landscape.In this episode, Vishal shares:How James Gin scaled past $2M in revenue while launching in both the UK and U.S. markets within its first four years.Why the team operates more like a content studio than a traditional spirits brand — and how its "anti-celebrity" tone sets it apart.The data-driven rationale behind going DTC-first in the U.S., and how James Gin expanded from 15 to nearly 40 Total Wine stores in California.The importance of conversion metrics, and how improving the site's 0.75% conversion rate is central to doubling the business.How the brand's flavor innovation and storytelling — with SKUs like Asian Parsnip, London Drizzle, and California Dreamgin' — create buzz and drive sales.Why 95% of James Gin's social media followers are male, but 40% of purchasers are women — and what they're doing to bridge that gap.Why Vishal believes founders must be clear about their end goal before taking investment, and how overextending can derail brand building.Last Call: We discuss the DISCUS 2024 Annual Economic Briefing report — quiz style! Scott challenges Erica and Caroline on the latest stats including which category grew the most in 2024; which category claimed the top market share spot; and, whether hospitality employment has really bounced back?Don't miss our next episode, dropping on 4/2.For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as Head of Search at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor: Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineSPONSOR: SWIG Partners is exclusively offering $100 off their supplier-distributor matchmaking fee when you mention the Business of Drinks podcast, or inquire via this link: ⁠https://www.swigpartners.com/businessofdrinksIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Bourbon Pursuit
TWiB: New 2025 Kentucky Bourbon Festival Tickets, Brewzle's Master Blender Collaboration, Caleb's Crossing

Bourbon Pursuit

Play Episode Listen Later Mar 21, 2025 49:40


It's This Week in Bourbon for March 21st, 2025. 2025 Kentucky Bourbon Festival announced tickets on sale, Brewzle announces their first Master Blender Collaboration, and David Jennings launches Caleb's Crossing.Show Notes: Diageo ends Distill Ventures brand intake, resulting in job losses. InvestBev partners for $100M Kentucky Bourbon barrel acquisition. Lexington man charged with unlicensed whiskey sales, thousands of bottles. Kentucky Bourbon Festival 2025 tickets on sale April 17th. Yellowstone Bourbon Small Batch 107 released, 6-year age statement, $44.99. Old Forester 117 Series Bottled in Bond Rye released, 100 proof, $64.99. Old Potrero Hotaling's Bottled in Bond Rye released, 50% ABV, $199. Max Homa, Elijah Craig release 8-year Toasted Barrel pick, 126.6 proof. Brewzle, Old Dominick release Master Blender Collaboration, $90 bundle. Milam & Greene Gray Wolf Bourbon released, 125.5 proof, $149.99. Stephen Curry releases Gentleman's Cut Rye, 4,000 days aged, $333. Maker's Mark Keepers Release 2025 announced, 109.2 proof, $74.99. Caleb's Crossing whiskey launched, Bourbon and Rye, $149.99 each. Shaquille O'Neal invests in BeatBox RTDs, releases Blueberry Lemonade. Support this podcast on Patreon Learn more about your ad choices. Visit megaphone.fm/adchoices

Business of Drinks
56: How La Crema is Growing its Audience with Shilah Salmon of Jackson Family Wines - Business of Drinks

Business of Drinks

Play Episode Listen Later Mar 19, 2025 77:54


In a time when much of the wine industry is seeing declining sales, La Crema is growing its audience and strengthening its brand by tapping into new communities and leveraging data-driven marketing strategies. The 1.4 million-case winery, part of Jackson Family Wines, has become a case study in how to connect with modern consumers, thanks to bold marketing initiatives, strategic partnerships, and a long-term approach to brand building.Shilah Salmon, SVP of Marketing at Jackson Family Wines, joins us to break down the real data behind wine's challenges—and opportunities. She shares how La Crema continues to expand its reach, including through partnerships like the WNBA sponsorship, highly effective experiential marketing activations, and a focus on under-targeted audiences with real conversion potential.In this episode, Shilah shares:How La Crema has grown to 1.4 million cases annually and why it continues to resonate with consumersHow the brand is attracting younger, more diverse audiences through events, digital marketing, and non-traditional wine activationsThe "leaky bucket" problem in wine — why the industry is losing more drinkers than it gains, and how La Crema is countering this trendWhy marketing campaigns should be built over months and years — not weeks, and how brands that pivot too quickly risk losing their audienceWhat wine brands need to do to optimize digital marketing in the era of AI-powered search tools — ensuring SEO, earned media, and branding are working in syncWhy La Crema focuses on lifestyle moments rather than traditional wine-drinking occasions, and how this shift has driven growthLast Call: This week, we discuss a listener question: “Should a mid-sized wine distributor embrace non-alc, or stay focused on fine wine?”It's a BIG question, and one that many distributors are asking as non-alcoholic and THC beverages gain traction. Hear us talk through the pros and cons.Don't miss our next episode, dropping on March 26.For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host:Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host:Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor:Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
55: How THC Drinks Brand Nowadays is Scaling Fast with Justin Tidwell - Business of Drinks

Business of Drinks

Play Episode Listen Later Mar 12, 2025 63:26


What if you could get the buzz without the booze? That's the promise of Nowadays, a THC drinks brand whose growth has been off the charts. Co-founded by Justin Tidwell in 2023, Nowadays has already hit an estimated $15 million in revenue, and Justin says it's on track to double that in 2025. The brand started with a simple but radical idea: a THC-infused spirit that mimics vodka or tequila, giving people the ability to mix their own THC cocktails at home. Now, they're in 5,000 retail doors across 25 states, partnering with top alcohol distributors to bring THC drinks into bars, liquor stores, and even hotels.In this episode, we get into the nitty-gritty of how Nowadays went from a viral TikTok hit to a full-blown beverage powerhouse. Justin shares his playbook for launching a category-defining brand, scaling through social media without paid influencers, and tackling the unique challenges of building a THC drinks business in a world designed for alcohol.We discuss:- From zero to $1 million in 90 days: How a single TikTok post turned Nowadays into an overnight success.- Cracking the THC spirits market: The formula behind their best-selling 750-ml bottled spirit and its tiered dosing system (2 mg, 5 mg, and 10 mg THC).- Retail expansion: The strategy behind Nowadays' 400% growth in retail doors and why partnering with alcohol distributors is a game-changer.- Social media without paid influencers? Why Nowadays bets on organic content and lets consumers drive the conversation.- Funding and profitability: How they raised capital after proving demand and built a high-growth, profitable business at the same time.- The future of THC beverages: Justin's vision for making THC drinks as common as beer and wine in bars, restaurants, and liquor stores.Last Call:Don't miss our next episode, dropping on March 12.A recent study from Oregon State University and researchers in New Zealand found that some consumers actually like the taste of smoke tainted wines. As you might expect, we have opinions about this! Listen in as we debate.For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as Head of Search at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor: Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineSPONSOR: SWIG Partners is exclusively offering $100 off their supplier-distributor matchmaking fee when you mention the Business of Drinks podcast, or inquire via this link: ⁠https://www.swigpartners.com/businessofdrinksIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
54: Scaling a Non-Alcoholic RTD Brand with Mocktail Club's Pauline Idogho - Business of Drinks

Business of Drinks

Play Episode Listen Later Mar 5, 2025 60:24


The non-alcoholic cocktail space is booming, and Mocktail Club is one of the brands leading the charge. Founded by Pauline Idogho, Mocktail Club is redefining the way people experience sophisticated, alcohol-free drinks. Since launching in 2019, the brand has expanded into 1,300 retail locations, including Whole Foods, Sprouts, Kings, and Target, and is on track to produce 2 million cans this year.Pauline didn't come from the drinks world — her background is in investment banking and private equity, where she closed some $10 billion in transactions before pivoting to entrepreneurship. That financial acumen has fueled Mocktail Club's smart growth strategy, taking the brand from small-batch startup to a nationally recognized player in the rapidly expanding non-alcoholic beverage market.In this episode, Pauline shares: How a closing dinner while pregnant sparked the idea for Mocktail Club — and why she knew the market was underserved. Why she chose globally inspired flavors with ingredients like shrub bases, teas, and spices instead of mimicking classic cocktails. Her strategy for breaking into Whole Foods, scaling her retail footprint, and now moving into alcohol distribution channels. How she built Mocktail Club as a mission-driven brand, donating 1% of sales to Water for People and committing to sustainability. What it takes to fundraise successfully in the drinks industry, including how she secured investment from the incubator Pronghorn. Why the non-alc consumer is a cross-category buyer, and how retailers are finally recognizing this growing segment.Last Call:Every month, another celebrity launches a non-alc brand. But does it really work? In Last Call, we break down a Punch article by Hannah Walhout that asks: Are you even famous if you don't have a non-alc drink line?We debate:- Wellness or virtue signaling? – Are celebrities jumping into non-alc for health reasons—or just to boost their luxury image?- Social media marketing – A photo of Bella Hadid in Target holding Kin Euphorics works…but does it build long-term brand loyalty?- Authenticity vs. cash grab – Some celebs have stakes in both alcoholic and non-alcoholic brands. Does that send mixed messages?Don't miss our next episode, dropping on March 12.For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host:Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host:Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor:Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineSPONSOR: SWIG Partners is exclusively offering $100 off their supplier-distributor matchmaking fee when you mention the Business of Drinks podcast, or inquire via this link: ⁠https://www.swigpartners.com/businessofdrinksIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
53: How Quintaliza is Breaking New Ground in Tequila with Founder Michael Winters - Business of Drinks

Business of Drinks

Play Episode Listen Later Feb 26, 2025 74:45


In this episode of Business of Drinks, we're diving into a new-to-world tequila product that's shaking up the industry: Quintaliza, the world's first coffee-aged tequila. Founder and CEO Michael Winters joins us to discuss how he took an unconventional idea — aging tequila in coffee-seasoned barrels — and turned it into a fast-growing brand that's gaining traction with both consumers and industry insiders.Michael isn't just another spirits industry veteran launching an agave brand — he's a serial entrepreneur who built Quintaliza from the ground up, first in his own kitchen and then with a world-class distillery in Jalisco. The brand has already won Wine & Spirits Wholesalers of America's “Brand Battle” competition in 2024, and with a deep-not-wide distribution strategy, it's set to sell 12,000 bottles in 2025 across four key markets: Florida, New Jersey, Tennessee, and South Carolina.In this episode, Michael shares:- The origins of Quintaliza – How his background in restaurants, branding, and coffee shops led to the creation of the world's first coffee-aged tequila.- Building a brand from scratch – Why he didn't take the easy route of private labeling and instead developed a proprietary aging process in ex-bourbon and coffee-seasoned barrels.- Going deep, not wide – Why he turned down multi-state distribution deals in favor of a strategic approach focused on building strong relationships in a few key markets.- Winning over distributors and bartenders – The tactics he's using to build awareness and pull-through in a competitive spirits category.- The role of storytelling in brand-building – How Michael's authenticity and hands-on leadership help differentiate Quintaliza in a crowded tequila space.- Scaling smartly – Insights on when (and how) to expand without overextending resources or losing brand momentum.Last Call:The wine industry keeps saying “make wine more accessible” for younger consumers. But what if that's not what they want? Contributor Caroline Lamb brings on Eater's Southeast Regional Editor Henna Bakshi to discuss how private wine clubs in Atlanta are thriving with millennial members — who are paying up to $8K+ per year to join. Find out more about this emerging trend.Don't miss our next episode, dropping on March 5.For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host:Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host:Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as Head of Search, North America at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor:Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
52: Legal Essentials for Drinks Brands in 2025 with Attorney Ryan Malkin - Business of Drinks

Business of Drinks

Play Episode Listen Later Feb 19, 2025 67:58


In this episode, Ryan Malkin, principal attorney at Malkin Law, returns to Business of Drinks to answer listener questions on essential legal topics, like: How far can you go with functional claims? Who needs D&O insurance? What's happening with DTC spirits shipping? We discuss everything from THC beverages and functional ingredients to distribution contracts and risk management. With the beverage industry seeing rapid innovation, especially in functional and cannabis-infused drinks, Ryan's insights are invaluable for ensuring your brand stays compliant and competitive in 2025.In this episode, Ryan shares:- Functional ingredients and health claims – Learn why alcohol and THC brands should avoid making direct health claims about ingredients like ginger, probiotics, or adaptogens to prevent lawsuits — and how to communicate ingredient benefits without crossing legal lines.- The evolution of THC beverages – Ryan discusses the booming category, and explains the legal nuances between hemp-derived and marijuana-derived THC products and how brands can stay compliant as regulations evolve.- FDA vs. TTB oversight – Ryan clarifies when brands need to engage with the FDA (non-alc and functional ingredients) versus the TTB (alcohol formulations and labeling), and how to work with each agency.- Key contract considerations – From co-packing agreements to distribution contracts, Ryan highlights why clear legal contracts are your first line of defense, ensuring accountability when things go wrong and protecting founders and directors from litigation.- Emerging legal issues – Ryan discusses new regulations on standards of fill, direct-to-consumer shipping for craft distilleries, and why THC brands are creating their own distribution models instead of relying on big distributors.Last Call: Caroline Lamb interviews wine influencer Pilar Brito (@BarPilarr). Pilar's rapid rise to 140K+ followers on Instagram and TikTok in just over a year(!!) offers valuable lessons for wine brands looking to leverage influencer marketing. Pilar shares insights on creating engaging content, building community, and forming authentic partnerships.Don't miss our next episode, dropping on 2/26.For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host:Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host:Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor:Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineIf you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
51: How NON Became a Globally Recognized Wine Alternative with Aaron Trotman - Business of Drinks

Business of Drinks

Play Episode Listen Later Feb 12, 2025 76:23


This is an essential episode for any drinks brand founder looking to break through the noise and build something truly disruptive. Contributor Caroline Lamb sits down with Aaron Trotman, founder of NON, who has not only pioneered the non-alcoholic wine alternative category — he's redefining what premium non-alcoholic beverages can be. With a chef-driven approach, meticulous ingredient sourcing, and a relentless focus on quality, NON has earned a place on the menus of the world's top restaurants and is now scaling globally.In this episode, Aaron shares:Creating a new category – How NON was inspired by fine dining NA pairings and built with a culinary mindset, not as a wine mimic but as an entirely new premium experience.How to win over sommeliers – The strategy behind launching NON directly into top-tier restaurants before expanding into retail.Breaking into the U.S. market – The challenges and advantages of setting up NON as its own importer and signing a major distribution deal with Southern Glazer's.Why transparency matters – Aaron's commitment to using real, traceable ingredients, and how this transparency has helped build credibility in the natural wine space.Bootstrapping, then scaling – NON started as a self-funded project before raising investment capital to scale production to more than 500,000 bottles a year.Staying premium in a crowded category – NON refuses to chase volume at the expense of brand integrity, avoiding mass retail and instead focusing on independent and regional chains.Last Call:In this week's Last Call segment, co-hosts Scott Rosenbaum and Erica Duecy discuss new products on their radar, from non-alcoholic innovators like Van Sha and Winderton Citrus Aperitivo to unexpected entrants like Sango African Agave, an Tequila-like spirit from South Africa and Cheramie Rum, a new agricole-style cane spirit made in Louisiana.Don't miss our next episode, dropping on 2/19.For the latest updates, follow us:Business of Drinks:LinkedInInstagram @bizofdrinksErica Duecy, co-host:Erica Duecy is founder and co-host ofBusiness of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm ofBusiness of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.LinkedInInstagram @ericaduecyScott Rosenbaum, co-host:Scott Rosenbaum is co-host ofBusiness of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.LinkedInCaroline Lamb, contributor:Caroline is a producer and on-air contributor atBusiness of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor.LinkedInInstagram @borkalineIf you enjoyed the conversation, followBusiness of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach more listeners passionate about the drinks industry. Thank you!

Business of Drinks
50: Silver Oak CEO David Duncan On Building a Cult Wine Brand - Business of Drinks

Business of Drinks

Play Episode Listen Later Feb 5, 2025 61:01


In the latest episode of Business of Drinks, we sit down with David Duncan, second-generation proprietor and CEO of Silver Oak, one of Napa's most iconic and beloved wine brands. While many wine businesses have struggled, Silver Oak remains a category leader — balancing legacy with innovation, exclusivity with accessibility, and deep tradition with modern engagement. David shares how Silver Oak has grown its devoted following, cultivated multigenerational brand loyalty, and stayed relevant across evolving consumer preferences. Whether you're building a new beverage brand or strengthening an existing one, this conversation is filled with valuable insights on staying power, strategic growth, and community-building. In this episode, David shares: The power of trust and consistency – How Silver Oak has maintained a devoted customer base for more than 50 years by delivering a reliably high-quality product and never chasing trends. Cultivating brand loyalty through experience – From release-day celebrations that draw hundreds of superfans to exclusive partnerships with fashion designers and luxury luggage brands, Silver Oak has mastered the art of cross-category collaboration. The intersection of exclusivity and accessibility – How Silver Oak sells $1,000 limited-edition wine luggage while also maintaining a connected, engaged presence in social media spaces. How to successfully engage multiple generations – With 40% of its consumers now Gen X, followed by Boomers and Millennials, Silver Oak tailors its messaging and experiences to different audiences while remaining true to its core brand identity. Social media as a community-building tool – Silver Oak's Bottle Stories blog and interactive approach to social media create deep emotional connections with consumers, making them feel like part of the brand's extended family. How to build a business with staying power – David's best advice for drinks entrepreneurs, including why patience, brand authenticity, and long-term vision matter more than short-term pivots. Last Call: With the U.S. Surgeon General's new advisory warning linking alcohol consumption to cancer risk, many in the industry are asking: Is this a turning point for beverage alcohol? Erica and Scott unpack the implications of this advisory — and discuss why the sky is NOT falling for the alcohol industry. Don't miss our next episode, dropping on February 12. For the latest updates, follow us: Business of Drinks: LinkedIn Instagram @bizofdrinks Erica Duecy, co-host:Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. LinkedIn Instagram @ericaduecy Scott Rosenbaum, co-host:Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor. LinkedIn Caroline Lamb, contributor:Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor. LinkedIn Instagram @borkaline If you enjoyed the conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach more listeners passionate about the drinks industry. Thank you!

Business of Drinks
49: How Monique Huston of Winebow Decides Which Spirits Brands Make the Cut - Business of Drinks

Business of Drinks

Play Episode Listen Later Jan 29, 2025 64:50


In this episode of Business of Drinks, Scott Rosenbaum sits down with Monique Huston, Vice President of the Spirits Portfolio at Winebow, one of the country's leading wine and spirits distributors. Monique has been leading the charge in the spirits world for over a decade, having quietly developed one of the most impressive spirits portfolios in the country, especially when it comes to agave spirits. Winebow represents brands like Fortaleza, David Suro's Simebra Spirits, ArteNom, El Buho, and Siete Leguas. Monique talks about how she's built a high-performing portfolio across multiple categories — and discusses how brands can work more effectively with their distributors. She shares the “dos” of landing and nurturing a distributor relationship, and perhaps more importantly, the “don'ts!” There are plenty of actionable insights and best practices in this episode — it's an essential listen for any brand looking to grow their wholesale business. In this episode, Monique shares: - The keys to building — and maintaining — a strong spirits portfolio and brand relationships. - Why brands should treat their distributor as a customer, fostering collaboration rather than friction. - How incentives have evolved post-COVID and why authentic relationships and educational investments are more impactful than cash incentives. - Why transparency and preparation are essential in pitching to distributors — don't just send an email without pricing, packaging, or a compelling story. - Why visiting markets and doing grassroots research is critical before launching a brand in a new region. - What comes next? The emerging sub-categories and trends that should be on your radar in the spirits space.  Stay tuned for our next episode dropping on Feb. 5.  Follow us!  Business of Drinks: LinkedIn Instagram @bizofdrinks Erica Duecy, co-host:Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. LinkedIn Instagram @ericaduecy Scott Rosenbaum, co-host:Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor. LinkedIn Caroline Lamb, contributor:Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor. LinkedIn Instagram @borkaline If you enjoyed today's episode, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
48: Mary Taylor on Bootstrapping a $20 Million Wine Brand - Business of Drinks

Business of Drinks

Play Episode Listen Later Jan 22, 2025 72:38


Who's up in a down wine market? Mary Taylor Wine — that's who! This brand is a quiet disruptor, having transformed how Americans discover and enjoy European wines over the past several years. Mary Taylor, founder of the eponymous brand, identified a unique opportunity in the market: bridging the gap between big brands and small growers.  By turning her import label into a trusted front-facing brand, Mary has made terroir-driven wines accessible, approachable, and affordable. In 2024, her brand achieved remarkable growth, up 16% to $20 million in global retail sales, bucking industry trends. In this episode, Mary shares: How Mary Taylor Wines simplifies European wine exploration with consistent, recognizable branding across 47 wine appellations Her innovative approach to offering terroir-forward, low-intervention wines in the $12-$18 retail price point  The key to developing long-lasting relationships with family-owned vineyards that practice organic and traditional winemaking methods Why staying lean, avoiding outside investment, and maintaining direct relationships with her growers have been critical to her success The strategic use of efficient logistics and creative marketing to operate sustainably and profitably  The growing role of trust in wine retail and how her brand serves as a safety net for wine-curious consumers overwhelmed by retail options Find out how Mary's bold strategies helped her thrive while others have struggled. Click to listen and discover how you can apply these principles to your brand. In today's Last Call:  Caroline, Scott, and Erica tackle drinks industry trends in a “two truths and a lie” quiz. What do drinks industry publications say they want to keep or kill in 2025? We take a wild guess. Stay tuned for our next episode dropping on January 29.  For the latest updates, follow us: Business of Drinks: LinkedIn Instagram @bizofdrinks Erica Duecy, co-host:Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. LinkedIn Instagram @ericaduecy Scott Rosenbaum, co-host:Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor. LinkedIn Caroline Lamb, contributor:Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners, a Michigan-based importer and distributor. LinkedIn Instagram @borkaline If you enjoyed today's conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach new listeners passionate about the drinks industry. Thank you!

Business of Drinks
47: Building a Gen Z Wine Brand with Jess Druey of Whiny Baby - Business of Drinks

Business of Drinks

Play Episode Listen Later Jan 15, 2025 68:59


In this episode of Business of Drinks, contributor Caroline Lamb interviews Jess Druey, founder of Whiny Baby, a wine brand that's helping to redefine wine culture for Gen Z and new wine drinkers. In a market often seen as intimidating and exclusive, Whiny Baby brings a fresh, playful, and inclusive perspective.  Since launching, Jess has scaled the brand to 6,000 cases in 2024, with plans to double production in 2025. Jess shares the story behind Whiny Baby, her bold approach to branding, and how she's meeting new consumers where they are. In this episode, Jess shares: The inspiration behind Whiny Baby: an awkward date and an overwhelming wine aisle experience led Jess to create a wine brand that's accessible and approachable for beginners. How naiveté can be a strength: Jess credits her lack of experience for allowing her to reimagine how things "should" be done in the wine industry, from branding to distribution. Breaking the wine mold: Whiny Baby features bold, sticker-inspired labels, crown caps, and playful bottle beads that resonate with Gen Z's nostalgic and irreverent aesthetic. How a strategic partnership enabled the brand to scale quickly: Jess's joint venture with the McBride Sisters Wine Company got Whiny Baby onto shelves in 27 states in just a couple of years. Viral growth through TikTok: Whiny Baby's success was boosted by early viral TikToks, helping Jess sell out her first batches of wine and reach a broad audience. Last Call: This week, we discuss brands that are cruising marketing. Join in as Scott, Caroline, and Erica talk about what they're seeing in the marketplace, from La Crema's inclusive activations to Fireball's viral stunt to Firestone Walker's mini-format beers.  Stay tuned for our next episode dropping on Jan. 22.  For the latest updates, follow us: Business of Drinks: LinkedIn Instagram @bizofdrinks Erica Duecy, co-host:Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. LinkedIn Instagram @ericaduecy Scott Rosenbaum, co-host:Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor. LinkedIn Caroline Lamb, contributor:Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners. LinkedIn If you enjoyed the conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach more listeners passionate about the drinks industry. Thank you!

Business of Drinks
46: How Wine Importer Wilson Daniels Grew Revenue 6% to $250M In One of Wine's Toughest Years – with President Rocco Lombardo - Business of Drinks

Business of Drinks

Play Episode Listen Later Jan 8, 2025 45:05


In this episode of Business of Drinks, Erica interviews Rocco Lombardo, president of Wilson Daniels, a luxury wine importer and marketer. Despite formidable industry-wide headwinds, Wilson Daniels achieved over 6% revenue growth in 2024, expanding its sales to $250 million — while the broader wine market contracted.  How did Rocco and the Wilson Daniels team come out ahead?  In this episode, Rocco shares: Why Burgundy, Piemonte, Tuscany, and value sparkling wines are among the fastest-growing categories in the portfolio. Strategic initiatives that have fueled growth, building on the portfolio's strong foundation of family-run wineries, sustainable practices, and deep market discipline. How Wilson Daniels grew from a West Coast-focused company to a national powerhouse with a $350+ average case price for its brands at wholesale. How Wilson Daniels uses storytelling and authenticity to engage consumers with the rich histories behind its luxury wines. Rocco's insights into market challenges, including tariffs, shifting consumption trends, and competition from emerging categories like RTDs and cannabis. Last Call:And don't miss Last Call, where Scott, Caroline, and Erica discuss what they're drinking this winter — and why. The category-spanning selections might surprise you! Don't miss our next episode, dropping on January 15. For the latest updates, follow us: Business of Drinks: LinkedIn Instagram @bizofdrinks Erica Duecy, co-host:Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. LinkedIn Instagram @ericaduecy Scott Rosenbaum, co-host:Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor. LinkedIn Caroline Lamb, contributor:Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners. LinkedIn If you enjoyed the conversation, follow Business of Drinks wherever you're listening, and don't forget to rate and review us. Your support helps us reach more listeners passionate about the drinks industry. Thank you!

Business of Drinks
45: 2025 Drinks Trends with Bryan Roth: What's Next for the Industry

Business of Drinks

Play Episode Listen Later Jan 1, 2025 70:01


As we head into 2025, we're thrilled to bring you our annual drinks trends episode featuring Bryan Roth, director of insights for Sightlines and the consumer and market analyst for Feel Goods Company. Widely respected as one of the industry's top forecasters, Bryan shares his perspectives on what's shaping the future of beverages, from emerging categories to shifting consumer behaviors. In this episode, Bryan shares: Why the no- and low-alcohol segments are diverging and how each is evolving into distinct categories Insights into flavor trends, from bold Asian-inspired influences to the growing embrace of bitter and savory profiles Why young consumers demand both customization and immediacy in their drink choices How RTD beverages are becoming more sophisticated, catering to consumers' desire for flavor clarity and premiumization The untapped potential for draft beverages — beyond beer — as the on-premise market continues to rebound Bryan's insights highlight the key opportunities and challenges for drinks brands in 2025, offering actionable takeaways for founders, marketers, and innovators alike. To hear more of Bryan's drinks trend updates, subscribe to the Sightlines newsletter. Enter the code "DRINKS" on the signup page (https://www.sightlines.news/sign-up) for a free month of access. Last Call:On this week's Last Call, Scott quizzes Caroline and Erica on industry stats, such as: How many new bev alc producers were licensed by the TTB last year? How many new products came onto the market? Listen in for the answers you need to know!  Stay tuned for our next episode dropping on January 8.  For the latest updates, follow Business of Drinks LinkedIn Instagram Erica Duecy, co-host:Erica Duecy is founder and co-host of Business of Drinks and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. LinkedIn Instagram Scott Rosenbaum, co-host:Scott Rosenbaum is co-host of Business of Drinks and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor. LinkedIn Caroline Lamb, contributor:Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners. LinkedIn If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. It really does help us find new listeners. Thank you!

Business of Drinks
44: How Little Saints' Megan Klein Built a $9 Million Non-Alcoholic Cocktail Brand - Business of Drinks

Business of Drinks

Play Episode Listen Later Dec 11, 2024 59:20


This episode dives deep into the non-alcoholic cocktail space, featuring Megan Klein, founder of Little Saints. From its beginnings as an experimental product during the pandemic to its current $9 million annual revenue, Little Saints is a brand that's forging new territory in the drinks space with its functional beverages featuring lion's mane and reishi mushrooms. Whether you're a founder in the drinks industry or simply a curious consumer, this episode is packed with insights you won't want to miss. In this episode, Megan shares: Her journey from corporate lawyer to beverage entrepreneur and how her love for nature inspired Little Saints. How Little Saints uses adaptogens like reishi and lion's mane mushrooms to offer unique effects, from relaxation to cognitive "magnetism." The challenges of pivoting Little Saints' business model, including abandoning costly PR and marketing for direct-to-consumer advertising. A behind-the-scenes look at Megan's appearance on Shark Tank, where she confidently walked away from undervalued offers. Why Little Saints' branding and consumer focus have shifted to attract a broader, gender-neutral audience. As Megan shares in the episode, Little Saints is more than a non-alcoholic beverage brand — it's a movement toward mindful drinking and better living. Learn how she's connecting with customers around the country, and forging a community of superfans who share her vision. And on Last Call, we discuss our “Cocktail Mt. Rushmore” — the top four cocktails each of us would happily subsist on if all other cocktails disappeared. Did the Manhattan, Espresso Martini, and Last Word ascend the peaks of cocktail greatness? Find out. Stay tuned for our next episode dropping on January 1.  For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. It really does help us find new listeners. Thank you!

Business of Drinks
43: How Stella Rosa Became the Top-Selling Import Wine Brand with CEO Steve Riboli - Business of Drinks

Business of Drinks

Play Episode Listen Later Nov 27, 2024 68:50


It's the episode you didn't know you needed! We sit down with Steve Riboli, president and CEO of Riboli Family Wines, to unpack the incredible journey of Stella Rosa, the #1 import brand in the U.S. and a pioneer in flavored, semi-sparkling wines. Discover how this family-owned brand has become a powerhouse, scaling to 4.1 million cases in 2023, a 5% YOY gain, per Impact Databank, while the broader wine industry has faced declines. In this episode, Steve shares: How Stella Rosa's low-ABV, flavor-forward wines are redefining the category and attracting new, younger drinkers. The story behind the bestselling Pineapple & Chili wine, which turned heads as 2023's #1 new wine SKU in America, per Nielsen. Insights into the multicultural and millennial appeal that has driven Stella Rosa's sustained growth. The challenges of scaling a brand while staying true to its roots in tradition and innovation. Why retail activations and authentic storytelling are central to Stella Rosa's success. With over 3,000 tasting activations annually(!!), a commitment to consumer connection, and a clear vision for the future, Stella Rosa is not just growing its market share — it's growing the wine category itself. Whether you're a wine aficionado or a founder in the drinks space, this episode is packed with inspiration and actionable insights. And on Last Call, we discuss the article “Does a Decline in Humanities Majors Have Anything to Do With the Declining Interest in Wine From Younger Consumers,” in David Driscoll's Two-Nineteen blog. Don't miss it!  Link: https://www.two-nineteen.com/blog/does-a-decline-in-humanities-majors-have-anything-to-do-with-the-declining-interest-in-wine-from-younger-generations Stay tuned for our next episode dropping on Dec. 11.  For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs the consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. It really does help us find new listeners. Thank you!

Business of Drinks
42: How Mr Black Coffee Liqueur Fueled the Espresso Martini Craze with Founder Tom Baker - Business of Drinks

Business of Drinks

Play Episode Listen Later Nov 13, 2024 70:13


In this episode, we talk with Tom Baker, co-founder of Mr Black, America's best-selling premium coffee liqueur. Tom shares the serendipitous beginnings of his company, the divine intervention of the "coffee gods" that led him to his co-founder, and how Mr Black carved an unexpected niche in the spirits industry. We track the brand's rise from a small Australian startup to a multi-million dollar company, diving into the challenges Tom faced in the early days, launching a coffee liqueur as craft spirits and coffee culture were both emerging. We also explore how Mr Black differentiated itself from competitors like Kahlua with a product that truly tastes like coffee, and how the brand helped shape the Espresso Martini's renaissance. (The Espresso Martini is now the Top 4 best-selling cocktail in America, just two years after hitting the Top 10 list, per Nielsen data!) You'll hear how Mr Black leveraged crowdfunding to gain early traction, the importance of building strong distributor relationships, and how the brand scaled globally. Tom also shares his insights on managing the operational complexities of growing a business, the role of Diageo's acquisition, and why staying focused on a singular vision helped the brand achieve sustained success. And don't miss Last Call, where our on-air team weighs in with the trends they're seeing in their respective markets. We hear from Caroline in Detroit, Scott in the Washington D.C., and Erica in NYC. From the resurgence of aquavit and savory cocktails to a fresh crop of hybrid drinking spaces, find out what's on our radar! LINKS:  The Four Disciplines of Execution by Chris McChesney, Sean Covey, Jim Huling Brand Mysticism by Steven Grasse and Aaron Goldfarb The Right It by Alberto Savoia Stay tuned for our next episode dropping on Nov. 27.  For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. It really does help us find new listeners. Thank you!

Business of Drinks
41: Building a Billion-Dollar Brand with Fawn Weaver of Uncle Nearest Premium Whiskey - Business of Drinks

Business of Drinks

Play Episode Listen Later Oct 30, 2024 64:17


Today we're diving into a topic that's not just about sipping whiskey but about legacy, innovation, and breaking barriers in the beverage industry. We're thrilled to welcome Fawn Weaver, founder and CEO of Uncle Nearest Premium Whiskey. Fawn Weaver is no ordinary founder. She's a trailblazer who's not only resurrecting the legacy of Nearest Green, the first known African-American master distiller, but she's also shaking up the whiskey world in a big way. Under her leadership, Uncle Nearest has become a symbol of quality and inclusivity, earning accolades and a devoted fanbase. And it's officially hit unicorn status with a valuation topping $1 billion.  Uncle Nearest is also the fastest-growing American whiskey brand in U.S. history, the best-selling Black American-founded spirit brand of all time, and the most award-winning Bourbon every year from 2019 to 2023. It has earned more than 1,200 awards and was named "World's Best" two years in a row. This is a tale you need to hear to believe. Fawn's story is a masterclass in how vision, determination, and authentic storytelling can disrupt even a centuries-old industry like American whiskey.  We discuss: The No. 1 most important skill for a drinks brand founder to nail How Fawn navigated the roadblocks she faced as a Black woman founder in whiskey How Uncle Nearest raised $225 million in funding from private investors How to build a mission-driven brand – and the advantages of doing so Fawn's iconoclastic approach to brand storytelling And much, much more! Stay tuned for our next episode dropping on Nov. 13.  For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. It really does help us find new listeners. Thank you!

Business of Drinks
40: New Innovations in No- and Low-Alcohol Wines With Surely and Arlow CEO Brandon Joldersma - Business of Drinks

Business of Drinks

Play Episode Listen Later Oct 16, 2024 48:06


In this episode, we're joined by Brandon Joldersma, CEO of Surely and Arlow, two exciting players in the non-alcoholic and low-alcohol wine space. Brandon brings a wealth of experience from the beverage industry, having worked in restaurants, hard cider, and whiskey before taking the reins at Surely. We discuss Surely's origin story, its growth strategies, and its transition from direct-to-consumer to national retail on the path to racking up $20 million in sales over the past three years.  Then we dive into the recent launch of Arlow, a groundbreaking low-alcohol brand, offering wines at 6.5% ABV. Low-alcohol wines are an area of anticipated growth for the wine category in the coming years, with volumes predicted to grow at a CAGR of +14% between now and 2027, according to IWSR. Arlow is leveraging a first-mover advantage to build sales and brand recognition for its growing audience of affluent, health-conscious Millennial consumers. Some key takeaways: • The non-alcoholic and low-alcohol wine market is growing rapidly, driven by consumers seeking to moderate their alcohol consumption. • Creating a new category (like truly low-alcohol wine) can provide a first-mover advantage, but also requires significant consumer education. • Transitioning from direct-to-consumer (DTC) to retail distribution can significantly boost revenue, but requires careful planning and execution. • Product development in the non-alcoholic wine space is especially challenging, requiring innovative approaches to replicate the taste and experience of traditional wine. • Transparency in ingredient labeling and a focus on health and wellness can be key differentiators in the market. • The target demographic for non-alcoholic and low-alcohol wines tends to be affluent millennials who are health-conscious but still enjoy drinking occasionally. • Influencer marketing and in-person tastings ("liquid to lips") are crucial strategies for building brand awareness and trust. • Securing national retail accounts can provide substantial growth opportunities, but these partnerships take time and strategic pitching. • Also, one KEY MISTAKE not to make when launching a drinks brand. Stay tuned for our next episode dropping on Oct. 30. LINKS: Is the bev-alc slump part of a cyclical slowdown? See what Time magazine had to say, way back in 1986! https://time.com/archive/6706878/blithe-spirits-for-the-sober-set/ And join the debate on LinkedIn: https://www.linkedin.com/posts/erica-duecy-4a35844_ready-for-a-mind-blowing-moment-would-activity-7234563401622900737-hR8Y?utm_source=share&utm_medium=member_desktop For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes.

Business of Drinks
39: How to Find an Alcohol Distributor with Erik Segelbaum of SWIG Partners - SPONSOR - Business of Drinks

Business of Drinks

Play Episode Listen Later Oct 2, 2024 55:52


Welcome to the Business of Drinks podcast. Today we're joined by Erik Segelbaum, founding partner of SWIG Partners, to discuss the complex world of beverage alcohol distribution in the United States.  Erik brings over 20 years of industry experience, having worked his way up from chef to sommelier overseeing $100 million in annual beverage sales across 42 restaurants. Now, as a leading beverage consultant and co-founder of SWIG Partners, he helps brands navigate the challenging three-tier distribution system in the U.S. But before we get too far, a declaration of conflict of interest. SWIG Partners will be coming on as a sponsor for future episodes of Business of Drinks. Just to be clear, though, this episode was BOD's idea, and was in the works before that agreement. In this episode, we explore: The inspiration behind launching SWIG Partners and the gap it fills in the marketplace. Current trends and issues in the distribution landscape. Challenges brands face when attempting cold outreach to distributors. The best regional markets to target for launching new brands. The state of the three-tier system — and whether there's truly a bottleneck in distribution. What distributors are looking for in the brands they're picking up. Why focusing on relationships — not transactions — is the key to long-term success. The growing demand for low- and no-alcohol products in distributor portfolios. Erik shares invaluable insights on what distributors and importers are looking for in brand partnerships, common pitfalls to avoid, and how SWIG acts as a matchmaker between brands and distributors.  Whether you're a foreign brand looking to enter the U.S. market or a domestic producer seeking wider distribution, this episode offers a ton of insights on strategically growing your brand's presence.  SPONSOR: SWIG Partners is exclusively offering $100 off their service fee when you mention the Business of Drinks podcast, or inquire via this link: https://www.swigpartners.com/businessofdrinks Stay tuned for our next episode dropping on October 16.  For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. It really does help us find new listeners. Thank you

Business of Drinks
38: How to Pitch Investors with Kat Weaver of Power To Pitch - Business of Drinks

Business of Drinks

Play Episode Listen Later Sep 18, 2024 50:24


 Looking to raise funds? You're in luck. Today we're talking with Kat Weaver, co-founder of Power To Pitch. She's a top pitching coach who's helped hundreds of startups raise capital.  Kat was able to scale and sell her first company she started out of her college dorm room. After winning 22 of 23 pitches she entered, she founded Power To Pitch to help founders build a winning pitch, deck, and fundraising strategy to help them get funded faster. To date, Power To Pitch has helped founders raise over $25 million in grants and venture capital. As we discuss, there are so many mistakes founders make when raising funds — from failing to discuss monetization to pitching investors as if they were potential customers. Understanding what's important to investors is key to Power to Pitch's program. Kat and her business partner Katie Dunn help bridge the gap by helping startups learn the art and science of pitching.  Get a leg up on the competition with these key insights! We discuss:  How to approach storytelling and craft a compelling narrative Maintaining a consistent core message while tailoring pitches to different investors The most important metrics to include in your investor deck Best practices for preparing for your pitch How to handle tough questions The role of product samples in investor meetings How to follow up effectively after a pitch How to create a connection and build rapport with investors What to expect when you're pitching different types of investors How to approach potential new investors And Power To Pitch has extended a discount code for Business of Drinks listeners: For $50 off the Grant Program that shares over 200+ grants per month: https://www.powertopitch.com/offers/TogBrmEa?coupon_code=BIZOFDRINKS50 For $250 off the Investor Prep Program, apply here: https://www.powertopitch.com/apply Stay tuned for our next episode dropping on Oct. 2.  Show links: https://www.numerator.com/resources/blog/non-alcoholic-beverage-trends/ For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.   https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. It really does help us find new listeners. Thank you!

Business of Drinks
37: How BeatBox Beverages Scaled to $100 Million in Sales with Co-Founder Justin Fenchel - Business of Drinks

Business of Drinks

Play Episode Listen Later Sep 4, 2024 79:15


Today, we're talking with Justin Fenchel, a co-founder and the CEO of BeatBox Beverages. For those unfamiliar with the brand, it's an 11% ABV, wine-based RTD party punch in flavors like Blue Razzberry, Pink Lemonade, and Fruit Punch. Sound like fun? Well, fun — and fun flavors — are its main selling points, and this brand is on fire, especially with Millennial and Gen Z audiences. BeatBox did more than $100 Million in sales last year, and is on track to double that again this year.  The brand first made headlines in 2014 for getting one of the biggest investments on Shark Tank's history, with a $1 Million dollar investment from Mark Cuban. But lest you think it was smooth sailing from there on, that wasn't the case. BeatBox toiled away for years, with sales flatlining as the brand tweaked its product and systems in real time, changing formats (moving from 5L bag-in-box to single serve) and distributor networks ( moving from liquor/wine to beer distributors). With dedication, the team kept pushing, until it landed on the winning formula that unlocked exponential growth.  Now, a decade after that first Shark Tank appearance, BeatBox is running on a few years of +100% sales growth. Justin shares his hard-won insights on how to persevere despite product-market fit issues and funding challenges. And then, how to support hockey-stick growth from strategic, operational, and human resources standpoints.   We discuss: The market whitespace BeatBox identified and built its product on Landing on fun and flavor as key differentiators Early audience growth insights Building a brand — and company culture — with staying power How to leverage media appearances (like Shark Tank) to attract investment and retail placements Maintaining adaptability in challenging times Keys to building strong relationships with distributors and retailers Why BeatBox ultimately switched from liquor/wine to beer distribution channels How to engage consumers authentically through experiences and word of mouth Marketing strategies to build a community of superfans  How to incorporate sustainable practices into a winning business model Links:  Episode 33: Fundraising Masterclass with Giuseppe Infusino (with Last Call discussion of Dan Petroski / Massican Wine) Stay tuned for our next episode dropping on Sept. 18.  For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.   https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a key account sales and marketing specialist at AHD Vintners.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. It really does help us find new listeners. Thank you!

Business of Drinks
36: New Flavor-Forward Wine Innovation with Issamu Kamide of Wonderwerk - Business of Drinks

Business of Drinks

Play Episode Listen Later Aug 21, 2024 58:42


Today we're talking with Issamu Kamide, co-founder of the LA-based Wonderwerk House of Fermentation. What the heck is that, you might ask? "We are primarily a flavor-forward, progressive wine company," Issamu explains.  Wonderwerk is innovating with new-to-world wine products by focusing on flavor and occasion. In doing so, they're making wine more accessible and appealing to younger consumers, who are less concerned with traditional markers like appellation, vintage, and varietal. In fact, most of Wonderwerk's audience is Gen Z and Millennials. Wonderwerk's breakout hits include Lite Werk, a line of 7% alcohol sparkling wines flavored with yuzu, hibiscus, and lemons; and Marinara, a lively red with a label sporting a big bowl of pasta. The latter is a fantastic example of a product that clearly articulates “here's how and when to drink this wine.”  And they're one of wine's latest success stories, bucking the trend of sales decline among smaller independent producers. Wonderwerk has shown the opposite: 50% YOY sales growth for the past two years running, now at 11K cases and distribution in 23 states. Wonderwerk's biggest challenge? Keeping up with demand. In this interview, we discuss: How traditional wine brands are struggling due to changing consumer preferences What Millennials and Gen Z are looking for in wine How innovation products and natural wine positioning are key to Wonderwerk's success Why easy-to-understand labels are crucial for attracting new wine drinkers The brand's laser focus on flavor-forward and occasion-based wine design How the self-funded company is planning to expand in a forthcoming capital raise The founders' unconventional CPG and distiller backgrounds that unlocked product innovation Why IRL events and direct consumer engagement are essential for brand awareness and sales growth Stay tuned for our next episode dropping on 9/4.  For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a sales representative at Great Lakes Wine & Spirits.  https://www.linkedin.com/in/caroline-bork-lamb/

Business of Drinks
35: How Britt West Grew Spirit of Gallo to Become the No. 3 U.S. Spirits Supplier - Business of Drinks

Business of Drinks

Play Episode Listen Later Aug 7, 2024 63:28


Today we've got a true innovator in the house. We're talking with Britt West, executive vice president and general manager of Spirit of Gallo. If you're not familiar with Gallo's spirits division, it has quietly become one of the most formidable portfolios in bev alc. Over the past 6 years, Britt led the division up the ranks from the No. 8 spirits supplier by volume to No. 3. And that's largely due to its innovation program, with products like High Noon.  As many listeners will know, High Noon is now the top-selling spirits brand by volume in America, just 4 years after its launch. And that's rounded out by Gallo's other innovation products like New Amsterdam Vodka, Pink Whitney, and Camarena Tequila, all of which have new-to-category angles. Add to that Gallo's investment and acquisition brands like Condesa Gin and Don Fulano Tequila, to further fuel the flames. Britt is a rare talent in the spirits biz, with a broad yet super focussed background. He has a Master's in Hospitality from Cornell and an MBA — as well as a background managing nightclubs. He was a successful entrepreneur who created a brand, Eppa Sangria, which got acquired; now he looks for brands to acquire. Today at Gallo, he makes multi-billion dollar decisions but still visits bottle shops in Brooklyn and bars in Mexico City to keep his finger on the pulse of trends.    This unique background has helped him instill a creative and entrepreneurial ethos at Spirit of Gallo, where the team is encouraged to take big swings and fail. Importantly, we discuss why failure matters. As Britt says, “When you know what not to do, it becomes clear what to do." Key takeaways: Innovation and Consumer Insights >> Quickly market test and get real-time consumer feedback — not focus group feedback. Embrace Failure >> Celebrate and learn from failure to innovate and make better decisions. Family-Owned Competitive Advantage >> Gallo's team can focus on growth and innovation free from the pressures of quarterly financial reporting. Organizational Focus >> Leveraging Gallo's strong salesforce has been instrumental in turning new products into market leaders. Consumer-Centric Approach >> Product development and acquisition decisions are driven by understanding consumer needs and behaviors.  Target Specific Consumer Segments >> Gallo's launch of brands like VMC and Condesa Gin reflects a targeted approach towards specific demographics, such as the growing Hispanic population in the U.S. Adaptability and Market Awareness >> Stay adaptable and aware of market trends, like the recent rise of Soju among diverse consumer groups. Stay tuned for our next episode on 8/21.  For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.   https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a sales representative at Great Lakes Wine & Spirits.  https://www.linkedin.com/in/caroline-bork-lamb/

Business of Drinks
34: How Surfside Became the Fastest-Growing RTD — With Clement Pappas - Business of Drinks

Business of Drinks

Play Episode Listen Later Jul 24, 2024 65:07


Ready for a meteoric growth story?! Today we talk with Clement Pappas, co-founder and CEO of Stateside Brands, the maker of Surfside Iced Tea + Vodka, and Stateside Vodka and Stateside Vodka Sodas.  For listeners who are not on the East Coast, this brand is suddenly everywhere. Last year, the Surfside line alone grew by 1 million cases to 1.3 million cases. And they've already surpassed that amount this year — by mid summer!  In fact, year-to-date Surfside is the No. 1 fastest-growing spirits RTD brand in the U.S. with top velocity rates and dollar share gains (via BWC data). This story illustrates the transformative effects an RTD line extension can have for an alcohol brand. In this case, the core brand was Stateside Vodka, which launched in 2015 as a local Philly alternative to Tito's Vodka. During the pandemic, Clem and team identified that consumers were hitting seltzer fatigue and looking for alternatives — i.e. an emerging white space for premium, vodka-based hard teas and lemonades. Stateside was an early mover, building up a strong core market in Philadelphia, and expanding throughout the mid-Atlantic before exploding onto the national stage.  They leaned into label transparency — positioning their products at the 100 calorie per can level with 2 grams of sugar and 3 grams of carbs. And they developed fun and cheeky marketing, positioning the brand as a “0 bubbles” alternative to hard seltzer. And it turns out that these things resonate with younger consumers!  Key Takeaways -What led Stateside to identify an innovative new white space in RTDs -The thought process that went into developing two hit RTD lines — carbonated and non-carbonated -How Surfside landed on its simple, effective branding and messaging strategy -The extensive flavor and formulation process that yielded a line of crisp, sessionable — and craveable — RTDs -How Stateside leveraged Covid restrictions to double its volumes -Local partnerships (baseball teams!) that drove early brand awareness and growth -How Stateside partnered with NJ distributor Fedway to build out the distribution and marketing plan that enabled exponential growth -How Stateside quickly scaled its sales and marketing machine  -The brand's most successful accounts (think stadiums and golf clubs!) -The demographic that's consuming the most Stateside products -How Surfside's on-premise sales strategy is driving high velocity  -How the brand is fueling growth from an investment perspective Stay tuned for our next episode dropping on Aug. 7.  Episode Links: Caroline + Scott's Last Call playlist: ​​https://open.spotify.com/playlist/2AB1nSC0OVoy6LNa5VizT1?si=25659372344e43de For the latest updates, follow us: LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a sales representative at Great Lakes Wine & Spirits.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. Thank you!

Business of Drinks
33: Fundraising Masterclass for Bev Alc with Giuseppe Infusino of InvestBev - Business of Drinks

Business of Drinks

Play Episode Listen Later Jul 10, 2024 71:46


Is your beverage brand in fundraising mode? If so, this is the episode for you! We talk with Giuseppe Infusino, a partner and the chief investment officer at InvestBev, a private equity firm that deploys growth capital to drinks brands. He leads InvestBev's investment sourcing, diligence, and structuring processes, and partners with portfolio companies to increase their likelihood of success. In this masterclass, Giuseppe shares his proprietary, 4-part framework for fundraising success — Plan, Path, Pitch, and Process. By the end of the episode you'll have answers to these questions:  In the PLAN stage: How should I frame my product, and the opportunity it represents, to investors? What do investors want to know about my company's infrastructure? What should I be prepared to share about my customers and GTM strategy? In the PATH stage: What are the different types of funding I should be aware of? How can I find potential funding sources? How should I approach potential funders? At the PITCH stage: How should I think about my pitch deck? What is the most essential information I need in that deck? How can I improve my chances of success?  In the PROCESS stage: What happens after the pitch? How can I effectively support the process?  What else should I be thinking about? If you want an edge on pitching to investors in today's challenging fundraising climate, listen in.  Stay tuned for our next episode dropping on 7/24.  Links: Ep 22: Cann's Jake Bullock on Growing a THC Beverage Brand: https://podcasters.spotify.com/pod/show/business-of-drinks/episodes/22-How-THC-Drinks-Brand-Cann-Grew-to-36-Million-in-Sales--with-CEO-Jake-Bullock---Business-of-Drinks-e2g5r00/a-ab0ba9k Ep 7: InvestBev's Brian Rosen on Fractional Sales: https://podcasters.spotify.com/pod/show/business-of-drinks/episodes/07-Beverage-Alcohol-Sales-Strategies-with-Brian-Rosen---Business-of-Drinks-e25ljjj/a-ab64i9u Resilient Wine by Stevie Stacionis: https://resilientwine.substack.com/ Massican Wine: https://www.massican.com/ For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a sales representative at Great Lakes Wine & Spirits.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. It really does help us find new listeners. Thank you!

Business of Drinks
32: How Juliet Wine is Breaking New Ground for Boxed Wine – With Co-Founder Allison Luvera - Business of Drinks

Business of Drinks

Play Episode Listen Later Jun 26, 2024 68:10


Today we're talking with Allison Luvera, co-founder and CEO of Juliet, a wine company that's reshaping the narrative around boxed wine.  Allison has a really interesting background having worked in fashion advertising for Vogue and InStyle magazines, then later as director of Pernod Ricard's luxury marketing division, as brand marketing lead for Perrier-Jouet Champagne, Martell Cognac, Tequila Avion, Absolut Elyx, The Glenlivet, and Chivas. Juliet is an interesting product because it forged new territory in the boxed wine category, with very stylish branding and packaging. It's a cylindrical carton with a velvet rope handle, and really stands out on the shelf as a premium pick.  Juliet is having phenomenal traction in hospitality venues — it's now being served poolside at the Bellagio in Las Vegas and several Auberge resorts. Customers are ordering the whole box and perching it on tables to keep refilling their own glasses. And at retail, the brand has defined itself as a go-to for gatherings, from bachelorette parties to PTA meetings. We discuss how Allison and co-founder Lauren DeNiro identified the whitespace in the boxed wine category, and pursued a solution — and a specific customer — with laser-like focus. Juliet has now raised more than $5 million in funding, and has surpassed 10,000 cases of 1.5 L cartons.  Some key takeaways from the episode:  Why boxed wine is a predicted to be a bright spot in the wine category in the coming years How Juliet closed a new round (in a tough fundraising environment!) to bring its fundraising total to $5 million Why Juliet is moving from a predominantly DTC model to a wholesale model How public relations and paid social campaigns drove growth in the early days Why “customers are the new influencers” – and how to engage and incentivize informal brand ambassadors Why on-premise partnerships in prestige accounts are crucial for discovery and brand-building Links Referenced in Show Juliet Wine: https://drinkjuliet.com/  IWSR's ​​Key trends for the US wine market in 2024: https://www.theiwsr.com/key-trends-for-the-us-wine-market-in-2024/#:~:text=IWSR%20forecasts%20that%20US%20wine,2022%20falling%20by%20%2D3%25  Future Market Insights' Wine Box Market Outlook: https://www.futuremarketinsights.com/reports/wine-box-market  1,000 True Fans: https://kk.org/thetechnium/1000-true-fans/  The ‘Drinks of Summer' that Never Were (Vinepair): https://vinepair.com/articles/drinks-of-the-summer-that-never-were/ Stay tuned for our next episode dropping on July 10.  For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She runs consultancy and advisory arm of Business of Drinks, and has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.   https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks, and a veteran strategist and analyst with deep experience building drinks portfolios. He currently serves as North America Search Manager at Distill Ventures. He was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor.  https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a sales representative at Great Lakes Wine & Spirits.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. It really does help us find new listeners. Thank you!

Business of Drinks
31: Mid-Year Drinks Trends Update — With New Co-Host Scott Rosenbaum - Business of Drinks

Business of Drinks

Play Episode Listen Later Jun 20, 2024 54:16


Some exciting news to share! The Business of Drinks podcast is growing by leaps and bounds, and with it — some new voices are coming onto the airwaves.  First up, Scott Rosenbaum is joining as the show's new co-host. If you're not yet acquainted with Scott, he's a veteran strategist and analyst with deep experience building drinks portfolios. Currently, he is the North America search manager at Distill Ventures, the world's first drinks industry accelerator. He was formerly vice president at T. Edward Wines & Spirits, a New York-based importer and distributor. While there, Scott created T. Edward's craft spirits portfolio, which represented over two dozen distilleries, including Arette Tequila, High Wire Distilling Co., La Gritona Tequila, and others.  And next up, Caroline Lamb joins as producer and on-air talent overseeing the newly revamped Last Call segment. Caroline is a sales representative at Great Lakes Wine & Spirits, based in Detroit, Michigan. She has worked in myriad beverage roles, from bartender to wine cellar assistant.  Scott and Caroline bring an exciting new dimension to the podcast, with their cross-functional, cross-generational — and even cross-country — perspectives. With these additions, Business of Drinks is becoming even more of a ‘must-listen' for leaders and stakeholders from throughout the drinks industry. In this debut episode, Erica and Scott discuss mid-year drinks trends. They take a data-backed approach to discuss how fears around the “end of alcohol” are overblown. Then, they dive into the emerging trends of non-carbonated alcohol waters and its counterpart — the OG and new wave of hard tea and hard lemonades. Finally, they move on to discuss the emergence of spicy drinks across categories — including new spicy wine brands (yes, you read that right!). Caroline wraps us up in Last Call, hopping into a lively debate with the team about gender-based marketing — yay or nay? Plus, which brands are doing it well, and which are falling flat. Stay tuned for our next episode dropping on 6/26.  For the latest updates, follow us: Business of Drinks LinkedIn: https://www.linkedin.com/company/business-of-drinks/ Instagram: https://www.instagram.com/bizofdrinks/ Erica Duecy, co-host: Erica Duecy is founder and co-host of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies.  https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ Scott Rosenbaum, co-host: Scott Rosenbaum is co-host of Business of Drinks and North America Search Manager at Distill Ventures. Scott was formerly the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor. While there, he created their craft spirits portfolio which represented over two dozen distilleries including Arette Tequila, High Wire Distilling Co., and La Gritona Tequila, among others. https://www.linkedin.com/in/scott-m-rosenbaum/ Caroline Lamb, contributor:  Caroline is a producer and on-air contributor at Business of Drinks and a sales representative at Great Lakes Wine & Spirits, based in Detroit, Michigan.  https://www.linkedin.com/in/caroline-bork-lamb/ If you like what you heard, help us spread the word! Follow Business of Drinks wherever you're listening, and rate and review our episodes. It really does help us find new listeners. Thank you!

Business of Drinks
06: Brand Accelerators with Scott Rosenbaum - Business of Drinks

Business of Drinks

Play Episode Listen Later Apr 16, 2024 43:32


Welcome, thirsty listener. This is episode 6 of the Business of Drinks podcast. Today's show is called “Brand Accelerators” and in this episode, we sit down with Scott Rosenbaum, the Search Manager for Distill Ventures, North America.  Scott likens his role to a talent scout for booze, where he goes searching for brands with the potential to break out. In this conversation Scott defines what a drinks accelerator does, outlining the difference between how an accelerator can help your brand grow vs. what an investment giant like Diageo is looking to achieve. He also explains what a brand accelerator will look for when considering new clients, and discusses the trends happening in today's drinks business market.   Show concept: This season, we're following a canned cocktail line called Hamlet Hound, from launch to growth. We've found that people (and brands) don't like to talk about how they become profitable, so we're pulling the band-aid off and delving into actual dollars and cents. You'll get an inside look at what works, and what doesn't. Want to know how to build a successful alcohol brand? Tune in as we investigate!   About Scott Rosenbaum, guest: Scott Rosenbaum is the Search Manager for Distill Ventures, North America. Distill Ventures provides investment and support for spirits startups and entrepreneurs who want to create the global drinks brands of the future.   Scott was previously the Vice President of T. Edward Wines & Spirits, a New York-based importer and distributor. While there, he created their craft spirits portfolio which represented over two dozen brands including La Gritona Tequila, Wigle Whiskey, Lágrimas de Dolores Mezcal, Far North Spirits, and Arette Tequila.   Learn more about Scott Rosenbaum: https://internationalwinecenter.com/instructor/scott-rosenbaum/ https://www.linkedin.com/in/scott-m-rosenbaum/ ahsoinsights.com  https://www.distillventures.com/ https://twitter.com/distillventures   About Erica Duecy, host: Erica Duecy is co-founder of Business of Drinks, a podcast and content consultancy, and one of the drinks industry's most accomplished digital and content strategists. She has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. She also has led digital editorial teams at Architectural Digest and Saveur magazines. Her content, podcast, and video programs have won more than 40 digital and editorial awards. She is a WSET Advanced-certified wine and spirits communicator, and author of the cocktail book Storied Sips (Random House), about the real-life stories behind the world's most famous cocktails.    To learn more about Erica Duecy: https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ https://twitter.com/ericaduecy   About Felicity Carter, host: Felicity Carter is a well-known journalist and editor based in Europe. She is co-founder of Business of Drinks, the Editorial Director of ARENI Global in London, International Editor of Star Wine List in Sweden, and a contributing editor to The New Wine Review. Formerly, she was founding Executive Editor for The Drop, and Editor-in-Chief of Meininger's Wine Business International, a trade magazine she built into a global must-read, with subscribers in 38 countries. She has consulted to the Dutch government and to Liv-ex, and been the keynote speaker at the wine industry's biggest conferences and events, from New York and Sydney to Hong Kong.    To learn more about Felicity Carter: https://twitter.com/felicitycarter https://www.linkedin.com/in/felicity-carter-a5754380/ https://www.instagram.com/carter.felicity/ https://www.facebook.com/felicity.carter.104/ Cheers!

Business of Drinks
13: Distill Ventures' Heidi Dillon on Non-Alc Drink Innovations - Business of Drinks

Business of Drinks

Play Episode Listen Later Apr 16, 2024 52:22


Heidi Dillon is a mover and shaker who's innovated in the functional foods sector, launched energy bars, and is now coming for the drinks sector — alc and non-alc alike.  She's the managing director of Distill Ventures, a company that supports founders and helps grow drinks businesses — and she was tapped to come in and turbo-charge the low- and no-alcohol landscape. In this episode, she discusses why generic is out, and storytelling around ingredients and a sense of place and authenticity is in, and why beverage entrepreneurs need to understand the changing demographics of the market if they're going to succeed.  She also discusses how the new craft beverages connect with food, ingredient and wellness trends, and how founders of successful non-alc drinks are taking a whole new approach to hedonism. Most importantly, she reveals where the financial opportunities are to be found in this space, from emerging trends to what will help brands earn a place on the shelf. Best of all, she's an engaging guest who is more than willing to help Business of Drinks do what it is known for — following the money. Stay tuned for our next episode dropping on November 8, 2023.  Shoutout to our sponsor! A big round of thanks to AccelPay — a leading ecommerce solution for bev-alc brands. From a one-tap, compliant checkout to comprehensive sales data, Accelpay has you covered and can make your existing website a storefront. For an exclusive 10% off your account, visit: https://www.accelpay.io/bod For more on the Millennial and Gen Z drinking behaviors report we discuss in the episode, it's available for purchase and download at Research & Markets: ⁠https://www.researchandmarkets.com/reports/5892638/millennials-gen-z-comprehensive-study-alcohol About Erica Duecy, host: Erica Duecy is co-founder of Business of Drinks, and one of the drinks industry's most accomplished digital and content strategists. She has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. She also has led digital editorial teams at Architectural Digest and Saveur magazines. Her content, podcast, and video programs have won more than 40 digital and editorial awards. She is a WSET Advanced-certified wine and spirits communicator, and author of the cocktail book Storied Sips (Random House), about the real-life stories behind the world's most famous cocktails.  To learn more about Erica Duecy: https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ https://twitter.com/ericaduecy   About Felicity Carter, host: Felicity Carter is co-founder of Business of Drinks. Also the Editorial Director of Areni Global, the London-based fine wine think tank, she was previously Editor-in-Chief of Meininger's Wine Business International, a trade magazine she built into a global must-read, with subscribers in 38 countries. She is a regular media commentator, appearing on platforms as diverse as CNN, France24 and the New York Times, and has consulted to New Zealand Wine and the Dutch government. Felicity is an international wine judge as well as a regular keynote speaker at the wine industry's biggest conferences and events. Her work has appeared in The GuardianUS, The Sydney Morning Herald and numerous other publications.  To learn more about Felicity Carter: https://twitter.com/felicitycarter https://www.linkedin.com/in/felicity-carter-a5754380/ https://www.instagram.com/carter.felicity/ And if you like what you heard, help us spread the word! Follow Business of Drinks, and rate and review our episodes on any platform where you're listening. It helps us find new listeners. Thank you!

Taste Radio
How He Convinced A CPG Giant To Invest… Pre-Launch

Taste Radio

Play Episode Listen Later Jan 16, 2024 29:51


What compelled Diageo, one of the largest CPG companies in the world, to invest in non-alcoholic spirit brand Ritual Zero Proof, which at the time of the funding deal was pre-launch and operating in a nascent category? The short answer is that it gave them — and, more importantly, their consumers — options. Launched in 2019, Ritual Zero Proof is a brand of non-alcoholic spirits crafted from natural botanicals and designed to mimic the flavor and burn of a classic spirit. The brand markets gin, whiskey, tequila, rum and aperitifs and is available nationally at retailers including Total Wine and Binny's Beverage Depot, as well as select Kroger banners and Hy-Vee locations.  Shortly before the debut of Ritual Zero Proof, the brand received a minority investment from global beverage alcohol company Diageo via its partnership with Distill Ventures, a venture capital firm and accelerator that invests in disruptive distilled spirit companies and non-alcoholic beverage brands.  In a press release about the deal, Ritual Zero Proof co-founder Marcus Sakey noted that “Americans want more choice,” and that non-alcoholic spirits represent an endurable shift in consumers' ability to choose what and when they want to drink, a statement echoed by executives at Diageo and Distill Ventures.  In this episode, Sakey spoke about the impact of Ritual Zero Proof's business strategy, liquid and branding in how Distill Ventures evaluated the company. He also spoke about how the brand became an anchor in an increasingly crowded category, the evolution of its marketing strategy, and how he assesses challenges from and advantages over new and existing brands. Show notes: 0:43: Interview: Marcus Sakey, Co-Founder, Ritual Zero Proof – Sakey spoke with Taste Radio editor about Ritual Zero Proof's recent partnership with restaurant chain Uno Pizzeria & Grill and why he isn't abstaining from alcohol during “Dry January.” He also discussed the inspiration behind the brand, the undrinkable original kitchen recipe, how hustling to get the attention of a Distill Ventures executive paid off, why sampling is often challenging but critical to converting skeptics and building relationships with consumers, and how the company considers ways to improve taste and aroma.  Brands in this episode: Ritual Zero Proof, Athletic Brewing, Guinness

The VentureFuel Visionaries
Beyond the Bottle - Diageo Director, Head of Ventures Sallie Jian

The VentureFuel Visionaries

Play Episode Listen Later Nov 8, 2023 27:50


What is the future of celebration? How can the industry-leading global spirits company co-develop the next generation of digital products to elevate consumer experiences? Sallie Jian is the Director and head of Ventures North America at Diageo, where she oversees Diageo's venture capital activities, including minority investments (lead, co-invest, partnerships, JVs) and Distill Ventures in North America. We talk about Fusion by Diageo, a new partnership lab to identify and build with the world's most pioneering startups, as well as the role of corporate entrepreneurship and how startups help corporations through unique value, speed, and customized solutions.

Park Street Insider Podcast
What's Trending— Impact Investing & Brand Development

Park Street Insider Podcast

Play Episode Listen Later Jul 20, 2023 49:39


We're thrilled to release our Impact Investment seminar recorded at Bar Convent Brooklyn 2023. On the Park Street University stage, Emily Pennington sat down with some of the leading impact investors for a high-level discussion about what they're doing to make a positive social impact while boosting their bottom lines in the spirits industry.  In this episode you'll hear from:Jomaree Pinkard, CEO & Managing Director, PronghornKamuti Kiteme, Managing Director - Inclusive Investment Programs, Distill VenturesMaria Pearman, Principal, GHJAndrew Merinoff, CEO, Chinola & DisPact VenturesKatie Dunn, Partner, Power to PitchYou'll hear critical insights from impact investors about:The intersection of impact investments and mentorshipWhile some investors issue checks and track their investments from the sidelines, our contributors make a case for a hands-on approach to investing that builds sustainable long-term partnerships. Balancing ROI and altruismImpact investors from Distill Ventures and Pronghorn will always seek out talented individuals from underrepresented groups that are pushing boundaries and being innovative, but it's essential that they see the proof points of a strong business as well. They'll explain how they balance influencing positive social ecosystems while measuring KPIs for return on investment in a business. Red flags for investment pitchesWith decades of experience in this space between them, our panelists have seen the difference between brands that secure funding and those that don't. Our panelists make the case for a hyper-focused approach to pitching investors that leaves no room for ambiguity about your goals and trajectory.  Mentioned in this episode:Pronghorn Distill VenturesGHJDispact VenturesChinolaPower To Pitch2023 Craft Spirits Data Project - Distillers SurveyLearn More About Park StreetSign up for our Daily Industry Newsletter.Sign Up for our Monthly Newsletter.Check out Park Street's Guide to Getting Started in the U.S. MarketFollow us for more industry insights onLinkedIn FacebookTwitterInstagram

The Pick List
Vishal Patel, co-founder of Sollasa

The Pick List

Play Episode Listen Later Jul 29, 2022 54:44


Julia is joined by Vishal Patel, co-founder of Sollasa, an up-and-coming spirits brand developed specifically to go with Indian food. Vishal is also investment director at Distill Ventures. He talks to Julia about the growth in low and no alcohol options and what's behind young people moderating their drinking, his journey with Sollasa and why he's pursuing a food-first strategy for his brand, how to justify the price of lower-alcohol options vis-à-vis full-strength drinks - and the ongoing challenge of how to increase diversity and inclusion in the drinks industry. Articles discussed by Vishal and Julia:  UK low-and-no value to hit £450m | The Spirits Business Gen Z for zero tolerance: why British youth are turning off booze | The Observer Opening the door: how is the whisky world tackling diversity and inclusion? | Whisky Magazine  

The Alcohol-Free Sommelier
LoNo distribution: who does, who doesn't, and why

The Alcohol-Free Sommelier

Play Episode Listen Later Oct 21, 2021 12:55 Transcription Available


The suppliers you've used for years probably don't sell No & Low drinks – but Tom Proctor and Daniel Stiller do. Francoise Mathis and Adrian Needham would like to, one day. James Morgan explains why the wrong choice of supplier can cause a traffic jam!Where can non-alcoholic drinks be bought? The suppliers you've used for years probably don't sell No & Low drinks – but Tom Proctor and Daniel Stiller do. Francoise Mathis and Adrian Needham would like to, one day. James Morgan explains why the wrong choice of supplier can cause a traffic jam!Shops, bars and restaurants are all expected to have a good selection of alcohol free drinks nowadays, but it's not always clear where to buy them. The wholesalers that supply the trade rarely have much choice of No&Lo – if, indeed, they have any. Most producers sell their products to the directly to the trade, but buying that way isn't necessarily the best thing to do.Without the right supply chain in place, problems will arise, from admin costs to traffic jams We talk to two non-alcoholic drinks specialists on either side of the Atlantic, and find out how they are combining selling to consumers with supplying the trade: d2c meets b2bGuests: Daniel Stiller is CEO of the American online Low & No retailer Better Rhodes. https://www.betterrhodes.comTom Proctor founded and is Director of online Low & No retailer Alcohol Free Co. https://thealcoholfreeco.co.uk Adrian Needham is London & SE Sales Director of Hallgarten Novum Wines https://www.hnwines.co.uk/contact-usFrancoise Mathis recently joined Indigo Wine as Commercial Director https://www.indigowine.coJames Morgan co-founded the No & Low consultancy Brimful Drinks after a 25-year career in hospitality. He also has a background in both art and research. He has worked with clients including Distill Ventures, Travers Smith, Nine Elms No.18, Better Rhodes and Hakkasan Group. Contact:Please DO get in touch. We'd love to hear your comments and questions:Chrissie Parkinson: chris@brimfuldrinks.co.uk James Morgan: james@brimfuldrinks.co.uk

The Alcohol-Free Sommelier
5 Ways to fix dealcoholised wine

The Alcohol-Free Sommelier

Play Episode Listen Later Oct 13, 2021 19:54 Transcription Available


Can dealcoholized wine be improved? The answer is maybe, or maybe not. Matthew Jukes & Amanda Thomson disagree, industry insiders Imma Cannavo, Harry Crowther & Francoise Mathis set out their wish-lists, and regular contributor James Morgan explains why some alcohol-free wine can taste, well .... terrible!Wine seems to be the poor relation of the no and low drinks world. Unlike non-alcoholic beer, it's not widely considered to offer excellent quality, and it hasn't reached the same levels of awareness and excitement as alcohol-free spirits. Why? Well, there are several reasons, and a few solutions. This episode gathers comments from key industry insiders, and looks at what might come next for de-alcoholised wine.Guests: Matthew Jukes is a world-renowned, award-winning, wine taster, journalist and author. During his 35 years in the wine business, Matthew has worked for BBC Radio and Channel 4 TV, and as well as writing 14 wine books, he has written the most widely-read wine column in the UK, in the Daily Mail's Weekend Magazine, for over two decades. Find him on matthewjukes.com. He is also the founder, creator and CEO of Jukes Cordialities jukescordialities.comAmanda Thomson is the CEO and Founder of Thomson & Scott and creator of Noughty premium alcohol-free sparkling Chardonnay and Rosé. Having been brought up on a plant-based, no sugar diet by her health-conscious single mother, Amanda has always had a keen interest in healthy living. After a successful career as an Arts Broadcaster at the BBC, she moved to Paris and studied for her Diploma in Wine at the renowned Le Cordon Bleu School. Find her at http://noughtyaf.com Imma Cannavo is Head Sommelier and Wine Buyer at Oblix. She started her career in 2007 at the Locanda Locatelli, moved to Paris to learn about French wines, then to Dubai where she became Head Sommelier Middle East for Hakkasan Group. She returned to London's Hakkasan Mayfair before joining Oblix. http://oblixrestaurant.com Harry Crowther is founder of Grain to Grape: Modern profitable wine training, specialising in making teams 'wine confident' and increasing profitability of wine lists. He's a contributing writer at The Buyer, and has plenty of experience squishing grapes in NZ and Portugal. Harry also heads up wine buying for Good Pair Days, Australia's fastest growing online wine subscription service, launching in the UK in Nov 2021. Find him at www.grapetimes.co.uk Francoise Mathis has lived in the UK for the last 17 years working with various wholesales across the wine trade and recently joined Indigo Wine as Commercial Director. https://www.indigowine.comJames Morgan co-founded the No & Low consultancy Brimful Drinks after a 25-year career in hospitality. He also has a background in both art and research. He has worked with clients including Distill Ventures, Travers Smith, Nine Elms No.18, Better Rhodes and Hakkasan Group. Contact him here james@brimfuldrinks.co.uk Contact:Chrissie Parkinson is The Alcohol-Free Sommelier. Get in touch with your comments, questions and ideas: chris@brimfuldrinks.co.uk

The Whiskey Ring Podcast
Ep. 13: Stauning Distillery and Alex Munch

The Whiskey Ring Podcast

Play Episode Listen Later Sep 8, 2021 67:10


Lucky Episode 13! Welcome to the Whiskey Ring Podcast where we're bringing you the people who make whiskey interesting. Today's podcast is with Stauning Whisky all the way from Denmark. I came across Stauning by accident, if I'm being honest, but was taken with their story and their process. Plus, it's the first Danish whisky I've tried, so either way I had questions. Joining me to answer those questions is Alex Munch, who co-founded Stauning along with eight friends (that's nine total for those counting) in 2005. While not yet well-known in the US, Stauning is a legend in Denmark. What started as nine friends from disparate backgrounds (none of which were distilling, by the way), is now a massive enterprise nearing a million LPAs with backing from Diageo and Distill Ventures. You should seriously take a look at their site – the pictures are simply stunning. As we all know, though, pretty pictures don't mean good whisky. Stauning, however, has a great recommendation behind it. As he said on the podcast and also in a separate interview, Stauning's meteoric rise coincided with the rise of New Nordic cuisine, heralded by such acclaimed chefs as Magnus Nilsson and Rene Redzepi. The latter chef's restaurant, Noma, in Copenhagen, features Stauning as the only whiskey on their menu. I can't emphasize how cool that is to foodies who also enjoy whisky – it's a perfect match. Plus, as much as Stauning's whisky absolutely speaks for itself, having one of the best chefs in the world choose to exclusively serve your whisky is a hell of a mark of approval. Stauning sent me samples of three of their whiskies ahead of the recording, and all of the tasting notes will be posted ahead of this coming out. As always, editorial control remains with me, but given what I've just said I think you know how those reviews will be. You can find Stauning online at stauningwhisky.com, where they're proudly presenting their Whisky Magazine Icons of Whisky award for Brand Innovator of the Year 2021. Their socials are also included in the show notes so you can follow them and see when they're coming to a retailer near you. If you haven't yet, please follow Whiskey in my Wedding Ring and the Whiskey Ring Podcast on Instagram and Facebook and follow @whiskeyring on Twitter, and subscribe to the newsletter on whiskeyinmyweddingring.com.  If you like what you hear, please consider supporting the site and the podcast. You can help out for as little as $2.50 a month on Patreon. Thank you also to our sponsors, Mash and Grape and Cairn Craft.  Subscribe to the Whiskey Ring Podcast on your favorite podcast platform today! We're on Podbean, Spotify, Stitcher, Apple Podcasts, Google Podcasts, and most other major podcast platforms. Every subscription and listen helps us get sponsors, secure guests, and ultimately get more content to you. Thank you for listening and for supporting, and please enjoy my chat with Alex Munch from Stauning Whisky. Stauning Whisky Facebook: https://www.facebook.com/Stauningwhisky Stauning Whisky Instagram: https://www.instagram.com/stauningwhisky/ Stauning Whisky Flickr: https://www.flickr.com/photos/146325719@N03/albums Tasting Notes Stauning Floor-Malted Rye Review Stauning Kaos Triple-Malted Whisky Review Stauning Smoke Floor-Malted Single Malt Review  

Heart of the Run - Der Podcast aus der Spirituosen Branche
Raphael Vollmar und Gerald Koenen -Rheinland Distillers GmbH (Siegfried)

Heart of the Run - Der Podcast aus der Spirituosen Branche

Play Episode Listen Later Jul 16, 2021 66:08


Raphael Vollmar und Gerald Koenen haben mit Siegfried Gin einst eine der bekanntesten deutschen Gin Marken aufgebaut und mit Siegfried Wonderleaf Deutschlands ersten „alkoholfreien Gin“ gelauncht. Wie die beiden Gründer jedes Mal den Nerv der Zeit getroffen haben und worauf es Ihnen bei der Entwicklung ihrer Produkt ankam, darüber haben sie im #Podcast "Hard of the Run" gesprochen. Außerdem sprechen Raphael und Gerald über … … ihren Start mit nur 4000 Euro. … die aktuelle Marktlage und ihre Zukunftspläne. … was die unterschiedliche Verkaufskanäle und Preispositionierungen für sie bedeuten…. … und was sich, seit der Zusammenarbeit mit Distill Ventures, für die beiden Gründer verändert hat. … Weiter lesen...Raphael Vollmar und Gerald Koenen -Rheinland Distillers GmbH (Siegfried)

Young People Doing Things
Seedlip - Ben Branson

Young People Doing Things

Play Episode Listen Later Mar 4, 2021 47:53


Meet Ben, founder of Seedlip 'the world's first distilled non-alcoholic spirits'. Started in 2014 and backed by Distill Ventures, they've pursued a smart tastemaker strategy going after the best bars and restaurants. Stocked in over 37 countries, they've gone onto launch their Aperitif range called Aecorn with more innovations on the way. Hats off to Ben for leading the way, proving people wrong and pioneering the unexpected. 

Movers and Shakers with April Wachtel
Eugene Khabensky from Diageo on what level of detail you should present when pitching to investors, and which part of the pitch process is incredibly important, yet often overlooked.

Movers and Shakers with April Wachtel

Play Episode Listen Later Sep 16, 2020 33:12


Today’s guest is Eugene Khabensky, Director of Business Development and Ventures at Diageo. Eugene specializes in finance, strategy, commercial insights, and business development, so I was excited to pick his brain on how he evaluates businesses for potential investment. In his tenure at Diageo, he has worked on many exciting projects and acquisitions including Diageo’s acquisition of Casamigos Tequila. In his current role, Eugene oversees the Diageo relationship with the Distill Ventures program in North America where he brings a comprehensive cross functional view to unlocking brand acceleration and building successful plans for growth. In this interview, Eugene gives some great insights on what Diageo is looking for in potential investments, what level of detail you should  present depending on the stage of your business, and which part of the pitch process is incredibly important, yet often overlooked. I’m appreciative for Eugene’s time, and hope this interview helps founders prepare for the competition in November. Without further ado, please enjoy my conversation with Eugene Khabensky.  Find Eugene on LinkedIn Find Distill Ventures www.distillventures.com/ Find Movers and Shakers: On Instagram as @moverssshakers www.moverssshakers.com Find April: On LinkedIn www.aprilwachtel.com

The Startup CPG Podcast
Ep. 7: "You had me at wine" - Gregorio Santiago, on shifting your mindset from product to brand

The Startup CPG Podcast

Play Episode Listen Later Jul 30, 2020 39:00


What really makes a product stand out to investors and customers? Gregorio Santiago has spent his career getting to know the ins and outs of what makes a great product succeed, and why some of the most innovative products never make it to market. Formerly the head of Acceleration and Discovery at Distill Ventures and a serial entrepreneur himself, Gregorio shares some tactical stories and tips with us.

The Hospopreneurs Podcast
Episode 96 - Distill Ventures and Liquid Investments with Frank Lampen

The Hospopreneurs Podcast

Play Episode Listen Later May 5, 2020 42:51


Seedlip and Starward Whiskey are two of the companies Frank Lampen has scaled through his business, Distill Ventures. The six year old beverage accelerator has invested in another eight brands, globally - at various stages of development. Prior to working with startups, Frank held operational roles across the hospitality, music and media industries and consequently draws on incredible and wide bodies of knowledge. Soon after recording, James' microphone cut out, so this episode uses our backup system.

Grow A Small Business Podcast
0019: 3 years to raise funds to set up a distillery in Melbourne, started in 2010 with 3 FTE and 2,700 bottles in 1st year sales to 35 FTE and 120,000 bottles sold in 2020, after the world’s largest alcohol company invested in late 2015 (David Vitale)

Grow A Small Business Podcast

Play Episode Listen Later May 3, 2020 70:27


In this episode, I interview David Vitale, the founder, and director of sales and marketing at New World Whiskey Distillery Pty Ltd (previously Starward Distillery), the makers of Starward whiskey. David left a distilling career in Tasmania and started the business in Melbourne around 2007 amidst the global financial crisis. Breaking many traditions in the nascent 15-year-old craft distilling industry, it took him three years to raise all the funds he needed to set up the distillery and get production underway.  It was clear the business model was for a quality sub-100 dollar bottle of whiskey that lives in the sharing cabinet of a whiskey drinker, and it launched at $75 in 2013 when all Australian whiskeys were double the price. In that first year they sold less than 2,700 bottles and in 2020 will move more than 120,000 bottles. With enough stock going into casks each year, they have a close to $22 Million excise tax bill per annum. David moved the business from 1 full-time employee in 2007 to now 35, and with production capacity about to expand again, David highly values the key team members he brought along the journey starting with his first hire who is still there ten years after production began. Funding from investors and selling whiskey investment casks helped get the business through fast growth, tough times, and be well-positioned for the world’s largest alcohol company with 18,000 sales reps in the US alone, to invest in late 2015. That bluechip investment helped them move to larger premises, increase production ten-fold, and get serious about export. David believes the hardest thing in growing a small business is letting go, and the advice he would give himself on day one is, “Keep going. It’s going to take a lot longer than you think, but you should still do it” This Cast Covers: Learning whiskey distilling from the godfather of Australian whiskey. Raising the first round of capital and how their whiskey took off globally. The absurdity of doing a great quality sub-100 dollar whiskey. Starting the distillery and waiting 3 years to start selling. 30 days away from insolvency and getting support from Distill Ventures. Moving to a new upgraded location and scaling up to ten times their original volume. The value of not having to worry about payroll and becoming the best craft distilled spirit in the world. Advocating for building relevance for Australian whiskey outside Australia. Relationship management at the distributor level and the importance of working on the ground. The challenge of shifting from maker’s world to drinker’s world. From 443 cases of whiskey in 2013 to 20,000 cases in 2020. What all around success looks like for David and the amazing awards their whiskey has won so far against some of the best in the world. Starting out with one full-time employee to grow over the last 10 years to 35 full-time employees. The diverse forms of funding that Starward has had.  Losing his dad, having a baby, launching a brand, and overcoming stressful challenges with the business. Making hard decisions for successful cash flow management. The most fruitful way of creating value and the power of meditation. Recruitment wins and losses, and the valuable lessons learned. Onboarding new employees into the company culture within 60 days. The regret of selling his previous e-learning business and the most valuable course David ever took. Having a coach who is ex-military/ex-Microsoft and how he helps him develop in his professional and personal life. Learning more about leadership and work ethic from a podcast than from any book he’s ever read. Additional Resources: Good to Great By Jim Collins Built to Last By Jim Collins The Moment Podcast By Brian Koppelman The E-Myth By Michael Gerber  Music from https://filmmusic.io "Cold Funk" by Kevin MacLeod (https://incompetech.com). License: CC BY (http://creativecommons.org/licenses/by/4.0/

Drinks Adventures
American single malt whiskey with Westward co-founder Thomas Mooney

Drinks Adventures

Play Episode Listen Later Dec 8, 2019 26:06


Mention American whiskey to someone and they will likely think you are talking about bourbon and rye.But there's a new category of American whiskey that is on the rise, that of American single malt.Located in Portland, Oregon, Westward whiskey is the largest craft distiller on America's West Coast.In 2018 it received a minority investment from Distill Ventures, the same accelerator fund that has a stake in Australia's own Starward Whisky, as featured in season one of this podcast.In this episode, I speak with Westward CEO and co-founder Thomas Mooney about the company's journey to date taking American single malt whisky to the world.

Movers and Shakers with April Wachtel
Shilen Patel from Distill Ventures on what DV is looking for in potential investments, the future of the non-alch movement, and challenges facing food & beverage entrepreneurs

Movers and Shakers with April Wachtel

Play Episode Listen Later Nov 26, 2019 65:49


Shilen Patel is co-founder and non-alch lead for Distill Ventures, the world’s first accelerator for the spirits industry.  Shilen started in drinks by leading a team at Guinness that turned around over 20 years of brand decline. He then started his own business and has helped dozens of founders realize their potential. He loves asking provocative questions, helping develop brilliant propositions and compelling strategies and coaching high performing teams to deliver great results.  In the podcast today we discuss- What DV is looking for in potential investments The evolution and future of the Non-alch trend The importance of stoicism in entrepreneurship  The biggest challenges facing food and beverage entrepreneurs today ...And so much more. Find Distill Ventures https://www.distillventures.com

Taste Radio
Insider Ep. 31: Who Really Owns Your Brand? Hint: It’s Not You.

Taste Radio

Play Episode Listen Later Apr 26, 2019 43:48


You might have put time, money, blood, sweat and tears into building your brand, but at the end of the day it doesn’t belong to you. That’s the perspective of Christian Krogstad and Thomas Mooney, the co-founders of Westward Whiskey, which helped establish the rapidly growing American single-malt whiskey category. As part of a wide-ranging conversation included in this episode, Krogstad and Mooney explained that consumers, via their palates and wallets, are Westward’s true owners. “We share a belief that it’s Westward, not either of us, that should be famous,” Mooney said. “And that we want our whiskey to do the talking. Ultimately, brands belong to the people who enjoy them, not to the people who make the products.” Originally founded as House Spirits Distillery in 2004, Westward was one of several brands in a broad portfolio that included Aviation Gin -- since acquired by actor Ryan Reynolds -- and others. Following an investment from Distill Ventures, the venture capital arm of beer and spirits conglomerate Diageo, in 2018, the Portland, Ore.-based company shifted its primary focus to Westward, a single-malt whiskey that draws inspiration from Oregon’s deep-rooted craft beer culture. As part of our conversation, Krogstad and Mooney spoke about Westward’s origins and explained why it was important for them to develop a personal relationship prior to formalizing their professional one. They also discussed the company’s alignment with Distill Ventures and how they determined it was the right partner, what the notion of a “better whiskey” means to them and why compelling innovation means giving people something they “never realized they wanted.” Show notes: 1:46: John at Kon, DragNet & a Whole Lotta Protein -- John and Mike returned to the studio after a week away from the office and discussed their trips to L.A. and Vermont, respectively. John also spoke about his experience at KombuchaKon, an annual trade show focused on the business of kombucha, where he presented on a panel and sampled a wide variety of products, including one from Iceland. He also explained the concern among KombuchaKon attendees in how some brands are marketing and promoting their products. Later, the hosts bantered about the development of the market for CBD in L.A. and chatted about a few notable products that came into the office over the past week. 19:25: Christian Krogstad/Thomas Mooney, Co-Founders, Westward Whiskey -- Krogstad and Mooney joined Taste Radio editor Ray Latif for an interview recorded at the Westward Whiskey distillery in Portland, Ore. Krogstad spoke about his background in craft brewing and how it led to him to launch a distillery and Mooney discussed how his experience with CPG conglomerates provided him with both a foundation and thirst for entrepreneurship. Later, they explained why partnership with a strategic investor has long been part of the company’s business strategy and how they developed a relationship with Distill Ventures long before its investment in Westward. They also spoke about Westward’s “beer-philic” approach to distilling and why a limited marketing budget means that they “can never be complacent in product development.” Brands in this episode: Nutty Steph's, Alchemist Beer, Kombucha Iceland, GT’s Living Foods, Brew Dr. Kombucha, Humm Kombucha, Boochcraft, Dosist, Cha Cha Matcha, Smashpack, Muscle Milk, OWYN, Smarties, Protes, Lemon Perfect, Westward Whiskey, McMenamins, Fiji Water

Drinks Adventures
Starward Whisky founder David Vitale on Aussie whisky, gin & more

Drinks Adventures

Play Episode Listen Later Oct 10, 2018 26:08


This week on the Drinks Adventures podcast, I'm talking Australian whisky with Starward Whisky founder David Vitale.Founded in Melbourne in 2007, Starward is undoubtedly the leading Australian whisky brand from a volume perspective, thanks to David's ambitious strategy of pursuing larger scale production from the very beginning.This has meant that Starward has been able to offer its range of high quality whiskies at pretty affordable price points.They commonly sit under the $100 mark in contrast to the routine pricing upwards of $200 a bottle that you see from most other Australian distillers.With David, I discuss this pricing differential and other challenges for Australian whisky, as well as his decision to relocate to North America to develop it as an export market.We also touch on Starward's recent expansion into distilling gin, which I remind David is something he said they would never do.And lastly, the company's entry into bottled cocktails with the launch of the Starward New Old Fashioned.All other Drinks Adventures episodes, show notes, transcripts and many helpful links are available on the podcast website, DrinksAdventures.com.au, and you can email me at hello@drinksadventures.com.au.Follow James Atkinson on Facebook here, Instagram here and Twitter here.Theme music ‘Sandbox’ by Cameo Culture. You can listen to more from Cameo Culture at https://soundcloud.com/cameoculture.

WhiskyCast
Go West, Whisky Investor...Westward, That Is (WhiskyCast Episode 724: September 13, 2018)

WhiskyCast

Play Episode Listen Later Sep 13, 2018 48:04


Portland's Westward American Single Malt from House Spirits is the latest prize in the spree of acquisitions and investments by major spirits brands in emerging brands. House Spirits announced Wednesday that Diageo's in-house venture capital unit, Distill Ventures, has acquired a minority stake in Westward as its first public investment in a North American spirits brand. Distill Ventures already holds stakes in Denmark's Stauning Whisky and Starward Whisky from Australia as part of its portfolio. House Spirits CEO and Westward co-founder Tom Mooney joins us on WhiskyCast In-Depth for his first interview since the announcement. In the news, the Kentucky Bourbon Festival is underway with a looming possibility of fallout from the strike by union workers at Four Roses Distillery. Union leaders plan to have a presence at Bardstown's biggest party of the year, and we'll have all the details. There's also an update on some of the week's new whiskies, including the final whisky in Diageo's 2018 Special Releases Series, and we'll honor one of Bourbon's first families as they celebrate a century of service.

Maverick Wisdom Podcast
BUSINESS MAVERICK #38 Shilen Patel - Co Founder Independents United

Maverick Wisdom Podcast

Play Episode Listen Later Apr 25, 2016 59:41


Shilen is Co-Founder of Independents United, an innovation agency which helps companies create disruptive growth through an entrepreneurial approach. He is also CEO of Distill Ventures, the world’s first accelerator dedicated to supporting and growing the next generation of startup spirits entrepreneurs and a partnership with Diageo. He is an investor in, and mentor to, numerous technology startups such as Osper. He has a passion for fabulous food, delightful drinks and scary skiing.

WhiskyCast
WhiskyCast Episode 567: December 19, 2015

WhiskyCast

Play Episode Listen Later Dec 20, 2015 58:11


This week, we'll look at the business behind the whiskies we drink - and investors hope to profit from. More investors are looking seriously at the whisky business...they're not just looking to invest in rare bottles, but something even rarer...the distilleries that make whisky. We'll talk with Frank Lampen, one of the co-founders of Diageo's in-house venture capital unit, Distill Ventures. This week, Distill made its second major whisky investment of the month by taking a minority stake in Australia's Starward Whisky after doing the same thing with Denmark's Stauning Whisky. We'll also hear from Bardstown Bourbon Company CEO David Mandel, who's not only looking for new brands to make whiskey at his distillery when it opens in 2016, but has figured out a way to help them finance the cost of distilling and maturing their whisky. In the news, Islay is mourning the loss of one of Bruichladdich's legendary leaders, the head of William Grant & Sons is stepping down, and we'll look at one of the few places where you can get a university degree in whisky distilling.

diageo islay distill bruichladdich whiskycast william grant sons distill ventures
Gaule's Question Time
Frank Lampen of Distill Ventures Gaule's Question Time

Gaule's Question Time

Play Episode Listen Later Oct 21, 2015 21:49


Gain insights on brand innovation and venturing at Distill Ventures and Diageo. Frank provides an overview to the independent and partnering approach. Find out how to learn more about Innovation and Venturing at the GCVAcademy.com or supporting Corporate Innovation and Venturing at www.aimava.com.