Business of Drinks

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 DrinksLinkedIn: 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!

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-generationsStay tuned for our next episode dropping on Dec. 11. For the latest updates, follow us:Business of DrinksLinkedIn: 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!

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!

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! And don't miss Last Call, where Caroline (Gen Z), Scott (Millennial), and Erica (Gen X) discuss how they navigate ordering wine for a group. 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!

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: On Last Call, we discuss: 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 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.

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.SWIG Partners is a sponsor for this and future episodes of Business of Drinks. 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/businessofdrinksStay tuned for our next episode dropping on October 16. For the latest updates, follow us:Business of DrinksLinkedIn: 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

 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!

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!

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/

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/