Swedish company BonBon's viral candy trend, US millionaires on the rise, Tennessee protecting musicians from AI. Exploring the impact of social media on candy sales and the tradition of 'Saturday Sweets' in Sweden
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Quick takeaways
TikTok trend boosts Swedish candy sales from 20 to 1k+ per day, highlighting social media's power in driving consumer interest.
Swedish candy tradition 'Saturday Swedes' fosters happiness and family bonding, contributing to Sweden's high happiness ranking.
Deep dives
Impact of TikTok on Swedish Candy Businesses
The podcast discusses how Swedish candy companies like Bon Bon have experienced significant growth due to TikTok trends. After a viral TikTok video, Bon Bon saw a massive surge in orders from 20 to over a thousand per day on their website, requiring a staff of 15 people to manage the increased demand. This illustrates the power of social media in driving consumer interest and the challenges small businesses face in scaling up rapidly to meet viral trends.
Cultural Tradition of Candy in Sweden
The episode delves into the history of Swedish candy consumption, tracing back to a tradition known as 'Saturday Swedes' where families would buy candy once a week to combat tooth decay. This tradition, dating back to the 1950s, remains prevalent with 70% of Swedish children using their allowances to buy sweets on Saturdays. The emphasis on candy as a family tradition contributes to Sweden's high ranking as one of the world's happiest countries.
Evolution of Social Media Trends in Candy Industry
The podcast examines the current boom of candy and sweet trends on platforms like TikTok and social media. Unique candy creations like candy salad, freeze-dried candy, and sweets tailored for social media consumption are gaining popularity. Social media provides a platform for creative product reviews and promotions, driving the surge in interest in unique and visually appealing sweets.
Swedish company BonBon is making heaps of money off their candies. Since a TikTok trend (of course) brought the company into the limelight, their sales have gone from about 20 to 1k+ per day almost overnight. So what’s the deal with this candy and why is it such a hot commodity? Plus: There’s a growing amount of millionaires in the US and Tennessee is protecting musicians from AI.
Join our hosts Jon Weigell and Sara Friedman, as they take you through our most interesting stories of the day.
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