Courtenay Vuchnich, Co-founder of Lovo Chocolate, talks about the booming market of plant-based milk chocolate. They discuss launching dairy-free chocolate bars, overcoming market challenges, and empowering women through their brand.
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Quick takeaways
Lovo Chocolate differentiated itself by creating dairy-free milk chocolate that captured the taste of traditional milk chocolate.
Lovo Chocolate focused on appealing to women's emotional connection to chocolate by crafting a narrative that enriched their chocolate moments.
Deep dives
Lovo Chocolate: Plant-Based Innovation in the Chocolate Market
Courtney Vučnik, co-founder of Lovo Chocolate, identified a market opportunity in the increasing popularity of plant milks in the US. By creating dairy-free milk chocolate that captured the delicious taste and texture of traditional milk chocolate, Lovo Chocolate differentiated itself in the market. Leveraging Swiss expertise in chocolate-making, Lovo produced a creamy and rich milk chocolate bar that appealed to consumers seeking a dairy-free alternative. Despite challenges entering a competitive market dominated by big brands, Lovo Chocolate gained shelf space in major retailers and focused on getting consumers to try and love their innovative product.
Promoting a Unique Chocolate Experience for Women
Lovo Chocolate's strategy centered on appealing to women's strong emotional connections to chocolate consumption. Recognizing that chocolate holds a special place in women's daily routines, Lovo emphasized creating a product that provided a moment of indulgence and escape. The brand's female-led team focused on crafting a narrative around Lovo Chocolate that resonated with women's deep relationship with this beloved treat. By prioritizing customer experience and storytelling, Lovo Chocolate aimed to break into the market by offering a unique, better-for-you option that delighted consumers and enriched their chocolate moments.
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Courtenay Vuchnich, co-founder of Lovo Chocolate, joins to talk about the business of plant-based milk chocolate, and some of her firm's latest breakthroughs in the industry.
Hosts: Tim Stenovec and Emily Graffeo Producer: Paul Brennan