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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.

91 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 service AccelPay 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/bod Business of Drinks is more than a podcast — we’re also a strategic consultancy for drinks brands and platforms. Learn more about us at Businessofdrinks.com About 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/ericaduecy About 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/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 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!
This is an exciting episode! We’ve just launched a major, national study into the drinking preferences of Millennials and Gen Zs. Here, we reveal the results of that report, from how much these audiences spend on wine, to their evolving relationships with soft drinks, canned cocktails, and spirits. More importantly, we have fresh insights into why Millennials and Gen Zs make the drink choices they do. This is groundbreaking research that answers the key questions that are currently gripping the beverage alcohol industry — from why wine consumption is falling to what younger audiences think about alcohol and health. Five things we discuss: Why soft drinks are so important to Gen Z and what they say about how the social norms around drinking are changing. The two top wine regions for Millennials and Gen Z — what’s the appeal? What makes Millennials and Gen Z choose one drink, or one brand, over another? How are demographic changes impacting the alcohol market — and what are the implications for marketers? What are the biggest influences shaping what Millennials and Gen Zs buy and drink? We partnered on the study with Roger Brooks, founder of Research and Marketing Strategies, a market research consultancy to organizations in technology and alcohol. Join us — Roger, Erica and Felicity — as we take a deep dive into the findings and emerge with answers and opportunities for people working in the drinks industry — from wine, beer and spirits to soft drinks and seltzers. If you work in drinks and you only listen to one podcast this year, make it this one. Because by the end of the episode, you’ll have the answer to this big question: Where have all the younger drinkers gone? The report is available for purchase and download at Research & Markets: https://www.researchandmarkets.com/reports/5892638/millennials-gen-z-comprehensive-study-alcohol Stay tuned for our next episode dropping on November 1, 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 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 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 Level 3-certified wine communicator, wine judge, and author of the cocktail book Storied Sips. 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. Felicity is an international wine judge as well as a regular keynote speaker at the wine industry’s biggest conferences and events. To learn more about Felicity Carter: https://twitter.com/felicitycarter https://www.linkedin.com/in/felicity-carter-a5754380/ https://www.instagram.com/carter.felicity/
What does it take to succeed in the no- and low-alcohol space? The man to ask is Derek Brown, the award-winning bartender, author and National Academy of Sports Medicine-certified wellness coach. Derek was one of the most successful bartenders in the U.S. when he decided to re-think his relationship with alcohol. In 2020, he wrote an article for Vox called “Becoming a mindful drinker changed my life.” The article changed his life, too, as it went viral and established him as a leader in the exploding no- and low-alcohol space.  Today he’s the founder of Positive Damage, Inc., a company dedicated to “making room for everyone at the bar with delicious no- and low-alcohol drinks” — and he brings his bartender’s sensibility to creating products that people love. In this episode, he tells us why the days of the mocktail are well and truly over, and why so many no- and low-alcohol products fail to catch fire. He also reveals the four elements that are needed to create a truly satisfying substitute for alcohol. Best of all, he tells us where to find the biggest opportunities in this space, including for wine companies. Listen along as we follow the money through the no- and low-space. Stay tuned for our next episode as well! Episode 3 drops October 18, 2023 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 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/
Everyone who works beverage alcohol right now is asking just one question: “Where have all the young drinkers gone?” Not only are young people, both GenZs and Millennials, drinking less alcohol, but a significant number aren’t drinking any alcohol at all. According to Google, 41% of GenZers don’t touch alcohol, while the number of college-aged Americans who are teetotal has risen to a whopping 28%. What’s going on? Is this a generational blip — or a permanent change? This season on Business of Drinks, hosts Erica Duecy and Felicity Carter explore these questions from every angle. We’re also going to seek out bright spots and opportunities — and of course, we’ll look for the money to be made in this rapidly evolving segment. We also commissioned ground-breaking, original market research to give a nuanced, 360-degree picture of the issue. Trust us, it’s a FOMO inducer! Stay tuned for our next episode as well! Episode 2 drops October 4th, 2023 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 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/ https://www.facebook.com/felicity.carter.104/
Welcome to Season 2 of the Business of Drinks! This season, we ask the biggest question on everyone's mind: “Where have all the young wine drinkers gone?” Are millennials and Gen Z really drinking less alcohol? And if so, why? And what are they drinking instead? We're embarking on a wide-ranging quest to understand millennial and Gen Z drinking behavior. We'll be talking with researchers and experts from the drinks industry and beyond, and we even commissioned our own study on this topic!  Tune in for Episode 1, coming up on Wednesday, September 20th 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!
Welcome to Episode 9 of the Business of Drinks podcast, our Season 1 Finale. We are joined once more by Hamlet Hound founder, Christy Frank. She’s been listening to all our interviews with experts, all of whom had great advice on how to build and grow a successful drinks business. Did she agree with any of it? And what did we learn along the way? Were we successful in our mission to show how a startup can go from idea to national distribution? Tune in and then let us know!  Stay tuned for the key takeaways at the end of the interview as well as a sneak peak into what Season 2 will bring!  And be the first to know about the insights, data and stories that we’ve captured ― sign up for our shiny new (and free) newsletter here. Show concept: This season, we followed a canned cocktail line called Hamlet Hound from launch to growth. Along the way, we interviewed key experts and asked them how a startup can go from idea to national distribution. We’ve found that people (and brands) don't like to talk about how they become profitable, so we pulled the band-aid off and delved into actual dollars and cents. Want to know how to build a successful alcohol brand? Tune in to all the episodes we released in this season! About Christy Frank, guest: Christy Frank is the Founder of Hamlet Hound, a line of canned cocktails. She has over 20 years of experience in business and the drinks world. She worked for many years as a brand manager at Moet Hennessy, overseeing both spirits and wine brands. She has founded two retail wine shops, including Copake Wine Works in Copake, New York, which she opened in 2015 with her husband Yannai Frank. Her original retail shop, Frankly Wines in New York City — which she launched in 2007 and sold 10 years later — was often touted as one of the top small wine shops in the country.  Learn more about Hamlet Hound: https://hamlet-hound.com/ https://www.instagram.com/hamlet_hound/ 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/
Welcome, thirsty listener, to Episode 8 of the Business of Drinks podcast. Today’s show is called “Drinks M&A”, with guest Andrew Merinoff, the founder of DisPact Ventures, and co-founder of Chinola Passion Fruit Liqueur. Tune in as Merinoff  identifies current drinks trends and shares some of the most effective ways to roll out, develop and market a brand. He also reveals where in the US are the best places to grow a company, especially those with an eye on future mergers and acquisitions, and how investors evaluate a company. This episode is packed full of value-add insights. Let’s go! 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 Andrew Merinoff, guest: Andrew Merinoff has spent his career as a growth strategist and brand developer. Merinoff’s extensive experience spans multiple sectors and industries, most notably in F&B, Wine & Spirits, Hospitality, Investing, and Marketing. His company DisPact Ventures began in 2015. It started off as a small fund to assist his close friends and confidants, it eventually grew into a 16 venture portfolio. DisPact’s co-investors include giants such as AMEX, Amazon Ventures, MGM Grand, Comcast Ventures, and many others. Merinoff has made several notable investments such as in Chinola Passion Fruit Liqueur (a company which he co-founded),  a rum called Coconut Cartel in Guatemala, a distillery in Copenhagen run by two Ex-Noma founders, a brand development distillery and innovation lab in Long Island, as well as an RTD, called The Long Drink, and many more.    Learn more about Andrew Merinoff: https://www.linkedin.com/in/andrew-merinoff-95ab7959/ https://www.dispactventures.com/about-us https://chinola.com/ https://www.instagram.com/chinola/ 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
On today's episode, we speak with Brian Rosen, the Founder at Growth Beverage and BevStrat LLC. Rosen’s BevStrat advocates for smaller brands, helping them grow and thrive, and as such, he has a deep understanding as to why brands become successful when they do; the top mistakes brands make, and how much it costs to hire a boots-on-the-ground sales-force vs. what a brand will spend slogging it out on their own. Rosen divulges brands he thinks will work and those that won’t, also unpacking “flex” purchases, and the psychology around luxury brand sales and obscure passion projects.  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 Brian Rosen, guest: Brian Rosen is the Founder of Growth Beverage and BevStrat LLC. He has an Executive Leadership degree from the University of Chicago, Booth School of Business’ MBA program and a degree in marketing and finance from DePaul University. Globally regarded as a leading authority in the three-tier system, retail, off premise, marketing, and go to market strategy in the alcohol beverage space, Rosen was CEO of his own 100M-retail liquor enterprise, a  partner at PricewaterhouseCoopers in alcohol beverages, and lead consultant in Trade Marketing at Anheuser-Busch.  Today BevStrat is America’s leading brand sales and marketing arm for brands under 100,000 cases in the market, operating in 7+ states. Rosen is also General Partner at InvestBev with nearly $250M under management for alcohol beverage investing, he is general Partner of Algoma Capital, lending $100M into distilleries and for barrel aging, and he is Founder of Sprout Beverage, the largest Alc Bev brand incubation eco system in the US.   Learn more about Brian Rosen: linkedin.com/in/briandavidrosen bevstrat.com  investbev.com  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/
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!
In this episode, we sit down with Woody Hambrecht, co-founder of the DTC aperitif brand Haus, which spectacularly crashed in the summer of 2022, after its lead investor, Constellation Brands, reportedly pulled out of a $10 million Series A raise at the last minute. If you need a refresher, Haus was a drinks industry darling that raised — and burned through — $17 million in its 3-year run. During that time, the company also saw considerable success, selling more than $10 million in product. In a candid conversation, Hambrecht shares what went wrong at Haus, from growing its team too quickly to skyrocketing customer acquisition costs. It's a cautionary tale for any drinks entrepreneur. But don't count him out just yet: Hambrecht discusses how learnings from Haus's fall are fueling his new companies, including Ami Ami, a boxed wine business that just launched. He's even procured outside funding in a challenging economic climate. Hambrecht's take on the state of bev-alc investment reveals astute insights that will benefit any drinks business. This season’s show concept: This season, we’re following a canned cocktail line called Hamlet Hound, from launch to growth. Along the way, we’ll interview key experts just like today’s guest, Woody Hambrecht, asking them how a startup can go from idea to national distribution, finding out what works and what doesn’t. Want to know how to build a successful alcohol brand? Stay tuned as we investigate! About Woody Hambrecht, guest: Woody Hambrecht is a third-generation winemaker and organic grape farmer based in Sonoma County's Healdsburg, California. In 2018, Hambrecht launched Haus as co-founder, upending the DTC alcohol industry with a stylish, low-ABV aperitif that quickly became one of the most recognized beverages on the market. Now with Ami Ami, Hambrecht, together with his co-founder Ross Dawkins, have set out to innovate in the boxed wine category. Learn more about Woody Hambrecht: https://www.ami-ami.vin/ https://www.instagram.com/woodyhambrecht/ https://www.linkedin.com/in/woody-hambrecht-66b923a0 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/ Cheers!
Welcome, thirsty listener. This is episode 3 of the Business of Drinks podcast. In this episode, we are joined once again by Hamlet Hound founder, Christy Frank, to talk all about money. Money is a topic often seen as taboo, yet it is fundamental when going about establishing a drinks business in today’s market. The good news is, starting-up might not be as expensive as you might think. In this episode we cover a whole host of topics, so if you are interested in knowing more about how to scale your business, understanding direct to consumer sales, establishing your markups and profit margins, working with a distributor and why you might want to do that…then listen up, because this pod is filled with liquid gold!  Show concept: This season, we’re following a canned cocktail line called Hamlet Hound, from launch to growth. Along the way, we’ll interview key experts and ask them how a startup can go from idea to national distribution. But back to the money. 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 which you will discover in this episode! You’ll get the real scoop on what works, and what doesn’t. We’ll also be looking at funding models, from venture capital and drinks incubators to bootstrapping your way to success. Want to know how to build a successful alcohol brand? Tune in as we investigate! About Christy Frank, guest: Christy Frank is the Founder of Hamlet Hound, a line of canned cocktails. She has over 20 years of experience in business and the drinks world. She worked for many years as a brand manager at Moet Hennessy, overseeing both spirits and wine brands. She has founded two retail wine shops, including Copake Wine Works in Copake, New York, which she opened in 2015 with her husband Yannai Frank. Her original retail shop, Frankly Wines in New York City — which she launched in 2007 and sold 10 years later. Frank has also worked as a marketing officer at Wine Australia, among other roles.  Learn more about Hamlet Hound: https://hamlet-hound.com/ https://www.instagram.com/hamlet_hound/ 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!
In this episode, we sit down with Ryan Malkin, attorney and sage advisor when it comes to setting up a drinks business. Not only is Ryan in-the-know in terms of what is going on in today’s drinks world, he understands the path that budding drinks entrepreneurs need to follow in order to avoid pitfalls. Even more interesting are his thoughts on how much it will cost to fulfill your drinks business aspirations. You might be pleasantly surprised to find out that you don’t need a large (or even a small) fortune to make your drinks business a reality. This season’s show concept: This season, we’re following a canned cocktail line called Hamlet Hound, from launch to growth. Along the way, we’ll interview key experts just like today’s guest, Ryan Malkin and ask them how a startup can go from idea to national distribution. You’ll get the real scoop on what works, and what doesn’t. We’ll also be looking at funding models, from venture capital and drinks incubators to bootstrapping your way to success. Want to know how to build a successful alcohol brand? Stay tuned as we investigate! About Ryan Malkin, guest: Ryan Malkin is founder and principal attorney of Malkin Law, PA, a firm focusing on alcohol beverage and cannabis law. Ryan has extensive experience giving advice to suppliers, wholesalers, retailers, agencies, and third parties within these regulated industries. Ryan is a regular contributor to Craft Spirits Magazine, Artisan Spirit, VinePair and SevenFiftyDaily. Malkin Law is also counsel to the American Craft Spirits Association, Florida Craft Spirits Association and Cannabis Beverage Association. Ryan was named one of Wine Enthusiast magazine’s 2022 “Future 40” and Imbibe 75 as one of the most influential people in the alcohol beverage industry.  Learn more about Malkin Law PA: https://malkinlawfirm.com/ https://www.instagram.com/malkinlaw/ https://twitter.com/malkinlaw https://www.linkedin.com/in/malkinlaw?trk=hp-identity-name https://www.facebook.com/malkinlaw 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!
In this episode, we establish the roots of Hamlet Hound; introduce Christy Frank, founder of the company, and find out how she came up with the idea to start her line of spirits-based canned cocktails. We also learn about some of the problems Christy faced as she developed the product, key details about her marketing strategy, and the process behind creating cocktails that work in a canned format. Join us as we begin our investigation of what it takes to start and run a real drinks business. This season, we’re going to follow a canned cocktail line called Hamlet Hound, from launch to growth. Along the way, we’ll interview key experts and ask them how a startup can go from idea to national distribution. But back to the money. 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 the real scoop on what works, and what doesn’t. We’ll also be looking at funding models, from venture capital and drinks incubators to bootstrapping your way to success. Want to know how to build a successful alcohol brand? Tune in as we investigate! About Christy Frank, guest: Christy Frank is the Founder of Hamlet Hound, a line of canned cocktails. She has over 20 years of experience in business and the drinks world. She worked for many years as a brand manager at Moet Hennessy, overseeing both spirits and wine brands. She has founded two retail wine shops, including Copake Wine Works in Copake, New York, which she opened in 2015 with her husband Yannai Frank. Her original retail shop, Frankly Wines in New York City — which she launched in 2007 and sold 10 years later — was often touted as one of the top small wine shops in the country. Frank has also worked as a marketing officer at Wine Australia, among other roles. Learn more about Hamlet Hound: https://hamlet-hound.com/ https://www.instagram.com/hamlet_hound/ About Erica Duecy, host: Erica Duecy is one of the drinks industry’s most accomplished digital and content strategists. As a consultant, she has built publishing and marketing programs for Drizly, Union, and other hospitality and drinks tech companies. Previously, she was Chief Content Officer for the wine-discovery platform Pix, and Editor in Chief for the wine/spirits publications VinePair and SevenFifty Daily. 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/ About Felicity Carter, host: Felicity Carter is a well-known journalist and editor based in Europe. She is the Editorial Director of ARENI Global in London, International Editor of Star Wine List in Sweden, and also works as a contributing editor to The New Wine Review. Formerly, she was founding Executive Editor for The Drop at Pix.Wine, 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. As a writer she has contributed to the Guardian USA, Delicious magazine, and the Sydney Morning Herald, among many other publications. Felicity is also an international wine judge, who has judged in France, Portugal, Germany, Luxembourg and Georgia. To learn more about Felicity Carter: https://twitter.com/felicitycarter https://www.linkedin.com/in/felicity-carter-a5754380/ https://www.instagram.com/carter.felicity/ Cheers!
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 customers and 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.Thanks for joining us, and let’s dive in.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.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 @borkaline
Madre Mezcal has become one of the fastest-growing brands in the agave spirits space — and it’s done it without the deep pockets of a corporate parent. Co-founder and CEO Chris Stephenson joins Business of Drinks to unpack how an indie brand captured 11% U.S. market share in a category dominated by global strategic-backed brands like Del Maguey, Ilegal, and 400 Conejos.Before founding Madre, Stephenson spent nearly 30 years shaping culture at MTV, Xbox, and SFX Entertainment. That experience laid the foundation for a different kind of drinks company — one built from the ground up through community, creativity, and culture.In this episode, Chris shares how Madre:🔶 Launched culture-first: The team spent a full year building brand identity and community before selling a single bottle — earning 15,000 Instagram followers pre-launch.🔶 Competes on authenticity, not ad spend: Madre’s “shoe-leather marketing” includes more than 300 in-person events a year (!!) and micro-influencer partnerships that drive organic credibility rather than paid reach.🔶 Leads on retail velocity: Madre has been #1 in retail velocity in 42 of the past 45 months, proof that brand love and turnover at shelf drive long-term health.🔶 Expanded strategically: With a focused lineup — premium Ensamble, bar-friendly Espadín, sessionable RTDs, and an additive-free tequila — Madre built a full-funnel agave portfolio designed to bring new drinkers into the category.🔶 Scaled smart: Now on track to sell 35,000 nine-liter cases a year, Madre’s 140-member investor base and grassroots network have fueled steady growth from independents to chains like Safeway, Kroger, and Albertsons.Whether you’re building a craft brand or managing a multinational portfolio, this episode delivers, revealing the Madre “secret formula” of patience, strong brand identity, and sales velocity.Last Call:The RTD boom isn’t over — but it’s evolving fast. In our latest Last Call, Erin McVickers of 3-Tier Beverages joins us to break down new data from their “Buzz or Bust” report, which tracks how consumers are shifting across malt-, wine-, and spirits-based RTDs. Tune in for the insights!Don’t miss our next episode, dropping on Nov. 12.For the latest updates, follow us:Business of Drinks:YouTubeLinkedInInstagram @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. Most recently, he was the Portfolio Development Director at Distill Ventures. Prior to that, he was 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!
Lemon Perfect is one of the fastest-growing beverage brands in America — a zero-sugar, organic lemon water that’s redefining what “better-for-you” can mean. Since launch, the company has sold more than 150 million bottles, is pacing for $100 million in retail sales this year, and projects $160 million in 2026.In this episode, Lemon Perfect Founder and Executive Chairman Yanni Hufnagel shares how he turned a simple ritual — morning lemon water — into a national phenomenon, and what it’s taken to scale in one of the most competitive categories in beverage. TL;DR it wasn’t easy! He talks about the moments that tested Lemon Perfect’s survival, the pivots that unlocked scale, and the mindset that turned a near-failure into a $100 million success story.We discuss:🔶 The near-collapse that forced a rebuild — and what “competitive stamina” really looks like when your co-packer walks away mid-production.🔶 How a cold-chain product pivoted to shelf-stable — unlocking nationwide scale and multiplying revenue from $500K to $27M in three years.🔶 Why velocity is the lifeblood of beverage growth — and how Lemon Perfect balances share gains and margin discipline.🔶 How packaging drives impulse trial — and why “packaging isn’t brand,” according to Yanni’s biggest brand-building lesson.🔶 The evolving role of influencers and celebrities — why Lemon Perfect is working with big names like Beyoncé, alongside a set of high-engagement creators.🔶 The founder mindset required to survive — why Yanni believes perseverance and adaptability matter more than any strategy deck.This conversation is a reality check for every drinks entrepreneur chasing scale. From early formulation to $100 million in sales, Yanni lays out a playbook built on execution, resilience, and an obsession with velocity — the unvarnished truth of what it takes to build a billion-dollar beverage brand.Last Call:Park Street’s 2025 midyear report tracks 80+ new product launches across spirits, wine, RTDs, and non-alc. The Business of Drinks team breaks down what’s driving innovation — from collector whiskies and celebrity RTDs to the rise of savory and NA spirits.Link to the article: https://www.parkstreet.com/alcohol-beverages-products-brands-launched-in-2025-so-far/Don’t miss our next episode, dropping on Nov. 5.For the latest updates, follow us:Business of Drinks:YouTubeLinkedInInstagram @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. Most recently, he was the Portfolio Development Director at Distill Ventures. Prior to that, he was 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!
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