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Business of Drinks

Author: Business of Drinks

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Welcome to the Business of Drinks, where we go behind the bottle, interviewing beverage innovators and icons about how they built their businesses.

We take a data-driven approach, analyzing the brands, products, and categories that get consumers excited. And we cover many drinks categories — from wine, beer, and spirits to non-alcohol drinks — as well as THC, adaptogen, and functional beverages.

So whether you’re working in drinks — or just interested in the stories behind your favorite brands — join us each week as we explore how companies are unlocking growth at every stage in the game.

140 Episodes
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More than 70% of all wine produced in the world is what’s known as bulk wine, which means it’s shipped to its destination in Flexitanks. In this revealing episode, we speak to Florian Ceschi, the European Director of Ciatti, the world’s biggest bulk wine broker. He’s the man who knows what wine is being produced in the world, where it’s being shipped, who’s buying it — and what they’re doing with it. This episode will take you right into the engine room of the global wine business, exploring how the bulk wine market works, from vineyard to brand creation. His insights include: 1. Bulk wine is about one company selling to another. But why would one company sell their wine — and another buy it? Florian outlines all the reasons why wineries and other companies might want to buy a shipment or two of wine. 2. The role of the broker. The middleman plays a critical role in the world’s wine market, making sure that wine gets to market on time and in perfect condition. Sometimes it means the brokers need to make adjustments to the wine. 3. How the world of wine is driven by fashion. Aromatized wines, wine cocktails, and Moscato have all been recent wine fashions. Florian discusses how the market finds the supply they need at top speed — and what happens when varieties and styles fall out of fashion. 4. How private labels work. There are brands… and then there are private labels, which are brands created by retailers like supermarkets, who can switch products in and out as they need it. Florian discusses why businesses would go to all the trouble of finishing and bottling their own wines, instead of just buying them. 5. From appellations to anonymity. Wine is supposed to be about specific terroirs, but the allure of bulk wine is that it’s anonymous. How is this inherent tension resolved?  Join us for what turned out to be a fascinating journey into a critical part of the wine world that very few people know about. 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 Meet the hosts 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.  https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ https://twitter.com/ericaduecy Felicity Carter is co-founder of Business of Drinks, a podcast and content consultancy. 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.   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!
When beverage startups are looking for advice before they launch their brands, Bryan Roth is the man they turn to. Bryan is a product and market analyst for Feel Goods Company and managing editor, news editor, and podcast host for its publication, Good Beer Hunting. Bryan has covered the beer industry as a reporter and analyst for more than a decade, and leverages that knowledge to help drinks brands develop innovative products. And, crucially for this conversation, he knows what’s trending in the market before anybody else. In this episode, he reveals who your real competitors are and how to beat them, plus why he’s betting big on Asian-inspired flavors and the next wave of better-for-you drinks — and what he thinks the next big RTD category will be. Top Takeaways Changing Trends in the Beverage Market We discuss the evolving nature of the beverage market from a traditional approach to a more seasonal and occasion-based market. Asian-Inspired Flavors Trend Brian discusses the emergence of Asian-inspired flavors as a significant trend in the market, indicating that this could be the next big thing for drink brands. Consumer Attitudes Toward Alcohol Consumption Contrary to concerns, there's some reassurance that younger consumers are not entirely abandoning alcohol. Two-thirds of college students still report drinking alcohol, aligning with historical trends. Flavor as Key to Winning Millennials and Gen Z Bryan emphasized that flavor is the key factor in attracting and retaining the Millennial and Gen Z audience — aligning with our own research on the topic. Understanding and delivering unique and appealing flavors is crucial for success. Breaking Boundaries Between Beverage Categories We’re all seeing a notable shift in consumer preferences, with the boundaries between different beverage categories breaking down. Consumers — especially younger ones — are more interested in amazing drinks, regardless of whether they are wine, spirits, or beer-based.  Functional Drinks and Wellness Trend We touched on the rise in functional drinks with a focus on wellness and health, discussing how the trend is paying out across beverage sectors. Tune in for a fascinating tour through tips, trends, and opportunities in the beverage space in 2024.  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 Business of Drinks is more than a podcast — we’re also a strategic content consultancy for drinks brands and platforms. Learn more about us at Businessofdrinks.com Meet the Hosts 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.  https://www.instagram.com/ericaduecy/ https://www.linkedin.com/in/erica-duecy-4a35844/ https://twitter.com/ericaduecy Felicity Carter is co-founder of Business of Drinks, a podcast and content consultancy. 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.   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!
Today’s guest is Shehryar Hussain, co-founder and CEO at AccelPay. If you’re unfamiliar with AccelPay, it’s an ecommerce platform specifically built for bev-alc brands. It handles everything from payments to fulfillment and customer support — so any brand can sell on their own website while being 3-tier compliant. Their goal is to make it easy to sell regulated products online, and enable new digital experiences for consumers.But before we get too far, a declaration of conflict of interest. AccelPay is Business of Drinks's very first sponsor.Just to be clear, though, this podcast was BOD’s idea. The more Felicity and Erica learned about AccelPay, the more they thought it was the kind of company we would feature in any case. Plus, it came highly recommended.Remember Hamlet Hound from Season 1? The Business of Drinks podcast kicked off way back in March this year, with the story of Christy Frank and her Hamlet Hound RTD, built around high-quality bourbon. BOD followed her journey from a tiny business in upstate New York through to getting wider distribution. She did it, in part, because she works with AccelPay, which allows her to sell in some 44 states, and she sang its praises to the BOD team.In this episode Shehryar reveals: How to use data to turn customers into true fans How to build customer relationships from your own website How to get sell in multiple states without a national distributor How small brands can test their brand ideas How to stay completely compliant, while offering great customer serviceAccelPay has been a game-changer for the beverage alcohol industry and it’s a service that all everyone in beverage alcohol from start-ups to established DTC brands need to know about. See below for their exclusive offer!Stay tuned for our next episode dropping on January 3.  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/bodBusiness of Drinks is more than a podcast — we’re also a strategic consultancy for drinks brands and platforms. Learn more about us at Businessofdrinks.comAbout Erica Duecy, host:Erica Duecy is co-founder of Business of Drinks, a podcast and brand 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. To learn more about Erica Duecy:https://www.instagram.com/ericaduecy/https://www.linkedin.com/in/erica-duecy-4a35844/https://twitter.com/ericaduecyAbout Felicity Carter, host:Felicity Carter is co-founder of Business of Drinks, a podcast and brand consultancy. 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 in media as diverse as CNN, France24 and the New York Times, and has consulted to New Zealand Wine and the Dutch government. To learn more about Felicity Carter:https://twitter.com/felicitycarterhttps://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!
When Sarah Hoffman had the idea to put premium wine into cans, she had no idea how revolutionary it was. But soon, she and her co-founders were convincing winemakers to trust them with their wines — and were kickstarting an entirely new category with their company, Maker Wine. In this episode of Business of Drinks, Sarah tells us how her background in digital marketing led her to launch the company, which makes high-quality, affordable wine available to everyone. Sarah explains how she learned to navigate the three-tier system, what she’s discovered about wine consumers, and how Maker scaled to 22,000 cases of wine, making more than $1 million in sales annually. Join Sarah, Erica and Felicity as they discuss who the new wine consumer is and what they’re looking for, how to reach them with Zoom and other digital channels, and how a group of outsiders navigated the complex world of wine, for fun and profit — and where there are still opportunities to be found. Key takeaways: How Maker raised $2.3 million in funding Early growth strategies to scale on a shoestring How data is informing Maker’s brand strategy Transitioning from DTC to omnichannel How Maker grew its quarterly Can Club to more than 2K subscribers The success of limited edition drops for Millennials  How to leverage influencer and UGC advertising Stay tuned for our next episode dropping on 12/27.  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 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 co-founder of Business of Drinks, a podcast and content consultancy. 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!
Bill Shufelt, co-founder of Athletic Brewing, hasn’t just built a successful drinks company — he’s revolutionized the entire American market for non-alcoholic beer. And he’s done it in just six years. Bill gave up a comfortable life in finance because he knew that if he was interested in drinking non-alcoholic beer, other people would be too. But it was an uphill battle, because non-alc beer has been a stigmatized product in the U.S. almost since Prohibition. He was turned down by almost every brewer he approached, and at times was reduced to approaching strangers in liquor store parking lots to help him sell his product. Today, Athletic Brewing has grown to become the 13th-largest U.S. craft brewery and the second-largest non-alcoholic beer brand in the U.S. In 2022, Athletic was ranked as the 26th fastest-growing private company in America by Inc. Magazine and named one of TIME’s “100 Most Influential Companies.” Join us for a fascinating conversation, as Bill explains how he built the company, and where he sees the market going next. Key Insights: Why non-alc beer is a major volume saver for retail and on-premise accounts. How Athletic got its first Whole Foods placement (awesome story!). How 66 individual investors took Athletic from its Seed Round all the way to Series B. Why DTC is the best channel for innovation. What the U.S. non-alc drinks segment can learn from their counterparts in Europe. The path Athletic sees for NA beer to grow to 10-20% of all adult beverages. Stay tuned for our next episode dropping on November 29.  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 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 co-founder of Business of Drink and the Editorial Director of Areni Global, the London-based fine wine think tank. Previously, she was 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 Guardian US, 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!
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