OLIPOP's Meteoritic Rise and the Future of Healthy Sodas with Co-Founder, David Lester
Nov 7, 2023
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David Lester, Co-Founder of OLIPOP, discusses successfully building and scaling an alternative soda brand. They talk about creating unique flavors, packaging, and naming, as well as raising money and obtaining retail adoption. They also emphasize catering to health-conscious consumers and making healthy choices while still enjoying soda.
Ollie Pop's success can be attributed to targeting health-conscious consumers and creating flavors that closely resemble traditional sodas.
The founders' humility, vulnerability, and focus on consumer health played a significant role in building strong relationships and achieving rapid growth.
Deep dives
Launching Ollie Pop and the Happy Seekers
Ollie Pop, a healthier soda brand, was launched in 2018 with the aim of providing a low-sugar alternative that still tasted great. The founders, Ben and David, targeted a specific group of consumers dubbed 'Happy Seekers' - those who cared about their health and were looking for better options. With flavors like cinnamon cola and ginger lemon, Ollie Pop aimed to solve the problem of high sugar content in traditional sodas. The initial launch involved selling in about 40 independent stores in Northern California, which served as a foundation for further growth.
Learning from Mistakes and Scaling Up
Through trial and error, Ollie Pop made adjustments to their product, such as changing the packaging color and refining the flavor profiles to suit consumer preferences. They quickly realized that consumers wanted flavors that closely resembled traditional sodas. As they expanded their distribution and secured partnerships with distributors, Ollie Pop started gaining traction in the market. They raised additional funding and saw significant growth year after year, with sales reaching $75 million in 2022 and projected to exceed $200 million in 2023. With Target and Walmart as key retail partners, Ollie Pop has achieved national recognition.
The Importance of Humility and Vulnerability
Throughout their entrepreneurial journey, the founders of Ollie Pop recognized the significance of humility and vulnerability. They embraced the challenges that came their way and learned from their mistakes, always remaining open to feedback and willing to adapt. By being authentic and showing vulnerability, they were able to build strong relationships with investors, partners, and consumers. Their focus on consumer health and mission to provide a guilt-free soda alternative resonated with those who were looking to enjoy a refreshing drink without compromising their well-being.
Future Growth and Expansion Opportunities
Despite experiencing rapid growth, Ollie Pop sees further room for expansion. Currently sold in 30,000 stores, there are still untapped opportunities in convenience stores and club markets. The brand aims to continue pushing into more retail outlets and reach a wider consumer base. Ollie Pop's emotional brand positioning, centered around the concept of 'real love,' has resonated with consumers and helped drive brand awareness. The future looks promising, and the founders are excited about the possibilities that lie ahead.
David Lester, Co-Founder of OLIPOP, joins Suzy Founder and CEO Matt Britton on the latest episode of The Speed of Culture podcast in collaboration with Adweek. David shares his entrepreneurial insights on how to successfully build and scale an alternative soda brand for those in pursuit of health and well-being, affectionately termed “Happy Seekers”.