Taste Radio

BevNET Inc.
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Jun 15, 2021 • 42min

How Did Chloe’s Execute The Perfect Pivot? They Understood The Opportunity.

Entrepreneurs will likely recognize the process that led to the creation of Chloe’s: founder Chloe Epstein had a need that wasn’t being met by current products on the market so she developed a concept to address that need. In her case, it was a lack of clean ingredient, better-for-you frozen yogurt and her idea was to create a chain of cafes that sold fruit-based soft-serve.  Despite success with the initial retail store, adding additional locations proved to be an expensive and complex endeavor. At that point she, along with co-founders Michael Sloan and her husband Jason Epstein, undertook a major pivot that would reshape the company and, in the process, establish a new set of better-for-you products within the frozen novelty category.  Today, Chloe’s markets an expansive portfolio, including its flagship line of fruit-based pops, a first-of-its kind line of frozen bars made from oat milk and a new no-sugar added line of frozen pops. The brand is represented in over 10,000 retail doors and also boasts a licensing deal with Marvel in which comic book characters from the Avengers and Spider-Man adorn boxes of its most popular flavors. In the following interview, Epstein and Sloan joined us for a conversation that pulled back the curtain on the company’s founding story, the decision to shift its focus from foodservice to packaged goods, the leap from a slow and steady growth strategy to one that embraced a national distribution plan and why Chloe’s is not shy about putting a target on the back of big CPG. Show notes:  0:37: Interview: Chloe Epstein and Michael Sloan, Co-Founders, Chloe's -- Taste Radio editor Ray Latif spoke with Epstein and Sloan about their respective backgrounds in law and finance, how they applied lessons from their retail business into the launch of their consumer brand and why they said “yes” when Kroger wanted to take the brand national just a year after its debut. They also explained how they built Chloe’s in the “natural side of conventional,” how they strive to make Chloe’s products accessible to and affordable for most consumers and how they convinced Whole Foods to accept their Marvel-branded products in its stores. Brands in this episode: Chloe’s, Pinkberry, Tasti D-Lite
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Jun 8, 2021 • 1h 6min

How Does A Challenger Brand Become A Champion? It’s The Essence Of ‘Flow’.

Nicholas Reichenbach is ready to take his passion public. Reichenbach is the founder and executive chairman of Flow Water, a premium brand of spring-sourced alkaline water known for its use of recycled carton packaging. Launched as a challenger to legacy brands such as Fiji and Evian, Flow has achieved remarkable retail and sales growth since its launch in 2015. Flow generated sales of $25 million in 2020 and the brand, which markets several varieties, including flavored and collagen-infused waters, is sold in 25,000 retailers across the United States and Canada, including Whole Foods Market, Safeway, Wegmans, Walmart and Vitamin Shoppe. Success has prompted an upcoming public stock offering that is expected to raise over $50 million in support of the company’s goal to establish a new standard for premium water focused on taste and sustainability.  As part of an interview featured in this episode, Reichenbach spoke about the rationale for going public just six years after launching the company, his background and experience as music promoter and tech entrepreneur and how timing played into the decision to commercialize his family’s spring and launch of Flow Water. He also discussed his prodigious ability to raise capital for the company, which has already brought in over $100 million in funding, how he’s attracted a range of celebrities -- including actresses Gwyneth Paltrow and Halle Berry,  musician Shawn Mendes and NBA star Russell Westbrook -- to support the brand and how Flow’s marketing strategy is getting consumers to trade up.   Show notes:  0:42: The Insiders Have It. Plus, We’re Going, Going, Back, Back To Cali, Cali. -- The hosts discussed the evolution of BevNET/NOSH’s subscription model, an “Ugly” guy’s recent office visit and the big news that we’ll be back to in-person events this December. They also chatted about several new products and early-stage brands, including better-for-you snacks, immunity-boosting juice shots, pea-based ice cream, non-alcoholic cocktail alternatives and a restaurant-inspired brand of pasta sauces. 17:08: Interview: Nicholas Reichenbach, Founder & Executive Chairman, Flow Water -- Reichenbach sat down with Taste Radio editor Ray Latif for a conversation that began with the entrepreneur’s experience as a club promoter and later as the founder of a ringtone and mobile gaming company. He also explained what he learned about the beverage industry as an early distributor of Red Bull, how and why he landed on Flow as the name for his nascent water brand, why self production has been critical to the company’s growth and how the company most effectively utilizes celebrity partners and investors. Later, he spoke about how Flow’s packaging has enabled it to stand out on shelf and how he’s incorporated lessons from other challenger brands into Flow’s business strategy. Brands in this episode: Flow Water, Ugly Drinks, Clio Snacks, Chloe’s, Honest Tea, PIN Energy, Bully Boy Distillers, Kuali, Ghia, Cocacao, Honey Mama’s, Salivation Snackfoods, Amazi Foods, Littlemore Organics, SweetPea Ice Cream, Carbone Fine Food, Vive Organic, Casamara Club, Rao’s, Fiji Water, Evian, Voss Water, Icelandic Glacial, Fuze, BodyArmor, Core Hydration
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Jun 1, 2021 • 1h 16min

Making The Band: How Mid-Day Squares Became One Of The Hottest Brands in CPG

Upon viewing Mid-Day Squares’ Instagram page for the first time, you might be wondering why the brand’s three founders are so prominently featured and look more like modern pop stars and streetwear models than the owners of a food brand. However, the portrayal of Lezlie Karls Saltarelli, Nick Saltarelli and Jake Karls as millennial celebrities is part of a thoughtfully curated social strategy and a purposeful business model that has helped Mid-Day Squares become one of the hottest brands in CPG. Launched in 2018, the Montreal-based brand, which markets a three-SKU line of refrigerated snack bars described as “everything a chocolate bar isn't, and everything a protein bar wishes it was” is carried throughout Canada and is rapidly expanding distribution in the U.S. at retailers including Sprouts and Whole Foods. Backed by a total of $8 million in funding, including financing from investment firms Boulder Food Group and Selva Ventures, Mid-Day Squares expects to generate $10 million in revenue in 2021 and has a goal of reaching $100 million in sales within three years. The brand’s fast growth and vision has already attracted the interest of The Hershey Co., which reportedly saw its offer to acquire the company rebuffed by its founders. In an interview featured in this episode, Karls Saltarelli, Saltarelli and Karls spoke about how Mid-Day Squares has achieved its rapid start and upward trajectory, including lessons from prior entrepreneurial endeavors, as well as the keys to its unique and compelling social strategy and why a commitment to clean ingredients and consistent communication with the brand’s consumers gave the brand a solid foundation on which to build. They also explained why a business therapist has been vital to their development as co-founders and leaders, why vulnerability and love are cornerstones of the brand and why they plan to keep the company independent. Show notes:  0:40: Interview: Lezlie Karls Saltarelli, Nick Saltarelli and Jake Karls, Co-Founders, Mid-Day Squares -- The co-founders sat down with Taste Radio editor Ray Latif for an expansive conversation, including why “transparency is Mid-Day Squares' currency,” as well as how data validated the initial concept, why it took some convincing to get one of the founders on board and the reasons behind the brand name. They also discussed how they incorporated lessons from other startups into Mid-Day Squares, the influence of “Shark Tank” in their social efforts and why they identified non-traditional grocery sets for snack bars as key to their retail strategy. Later, they explained how they present their vision to investors, why they turned down an offer to sell the company and shared their plans for the brand’s next stage of development.  Brands in this episode:  Mid-Day Squares, Perfect Bar, Reese’s, Flow Hydration, Hydrant, 5-hour Energy, Kind Snacks, RXBAR
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May 25, 2021 • 1h 4min

Post-KeVita, Bill Moses Is Once Again ‘Flying’ High… And Sharing His Blueprint For Success

Bill Moses had a gut feeling. Having made his mark in non-alcoholic beverages as the co-founder and former CEO of probiotic drink and kombucha brand KeVita, Moses saw an opportunity to re-imagine the beverage alcohol space via a better-for-you platform of products. Shortly before the sale of KeVita to Pepsico in 2016, one that netted over $230 million, he launched Fermented Sciences, a platform dedicated to developing and launching “innovative fermented beverage brands to transform the alcohol industry.” In February of 2018, the company introduced its first brand, Flying Embers, which debuted with a line of organic hard kombucha. Flying Embers quickly emerged as a leading player in the burgeoning space and has since launched several other beverage lines, including hard seltzer, beer infused with functional ingredients and a recently introduced Champagne-style product called Kombucha Bubbly. Amid a growing portfolio and surging sales -- less than a year in, Flying Embers hard seltzer is among the top brands in the category -- Moses is motivated by the momentum he sees for better-for-you alcoholic drinks. He’ll note, however, that maintaining the company’s pace requires an intense focus and thoughtful strategy, each of which he outlined in an interview featured in this episode. As part of our conversation, Moses spoke about his vision for Fermented Sciences within the context of macro trends that are shaping the food and beverage industry, how the company most effectively allocates resources across its product lines and why having “the least polarizing liquid” is a key to its innovation strategy. He also compared raising capital for Kevita and Fermented Sciences, why personal relationships with distribution partners are critical to the success of Flying Embers and the importance of finding balance amid an intense drive to win. Show notes:  0:46: It’s An UnCANNy Resemblance. Plus, New Products Galore And A Slim Jim Smackdown -- The hosts chatted about the benefits of BevNET and NOSH’s upcoming Boot Camp and Virtually Live events and why a fast-growing “social tonic” brand introduced an “uncannabated” product line. They also praised several new products, including an avocado hummus, cookie bites, enhanced water and a cauliflower-based veggie burger. They also snapped into Slim Jims. 18:01: Interview: Bill Moses, Founder/CEO, Fermented Sciences -- Taste Radio editor Ray Latif spoke with Moses for an expansive interview that began with an examination of the entrepreneur’s work schedule, which includes several board and advisory commitments. Moses also explained why Fermented Sciences has raised $50 million to date, how his experience with Kevita shaped his perspective on capital needs and how he analyzed the opportunity for hard kombucha. Later, he discussed the company's approach to new product development, particularly as it relates to traditional categories, how Flying Embers is managing a category leading brand and one that’s playing in a hot and highly competitive space and why it’s focusing on a “Power of the Pair” strategy at retail. Moses also spoke about the importance of recruiting the best talent, the elements of a winning culture and hinted that Fermented Sciences might not be his last rodeo. Brands in this episode: Flying Embers, KeVita, Cann, Hope Foods, Post Meridiem, Nature’s Heart, Dr Praeger’s, Theo Chocolate, Chiki Chiki Boom Boom, Esse Water, Shine Water, Ayoba, Slim Jim, Jeni’s Ice Cream, Koia, Iconic Protein, Vive Organic, Wilde Brands
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May 18, 2021 • 45min

Why A-Listers Nina Dobrev and Julianne Hough Are Betting Big On ‘Fresh’

Actresses Nina Dobrev and Julianne Hough are best known for their work in films such as “Lucky Day” and “Rock of Ages” along with popular television shows “The Vampire Diaries” and “Dancing with the Stars.” Now, the pair of best friends and entrepreneurs is aiming to be equally recognized in the wine business.  Earlier this year, Dobrev and Hough introduced Fresh Vine Wine, a collection of premium low-calorie wines that “embody health, warmth, and a deeper connection to wellness and an active lifestyle.” They crafted the portfolio in partnership with award-winning Napa Valley winemaker Jamey Whetstone with a goal of developing a line of low-carb wines that would not sacrifice on taste. The result was a proprietary and natural winemaking process that incorporates high and low fermentable sugar grapes and a line that includes a Cabernet Sauvignon, Pinot Noir, Chardonnay and soon to be launched California Rosé. In an interview featured in this episode, Dobrev and Hough discussed the inspiration behind Fresh Vine Wine, how they educated themselves about the wine business and how they identified the right partners to help develop the company. They also discussed the name and trend-centric nature of the brand, why it is positioned to reach a broad set of consumers and how they incorporate Fresh Vine into their personal social media accounts. Show notes:  0:40: Interview: Nina Dobrev and Julianne Hough, Co-Owners, Fresh Vine Wine -- Dobrev and Hough sat down with Taste Radio editor Ray Latif about how Fresh Vine represents an intersection between their passion for healthy living and a celebration of wine and why leading with heart and soul led them to their winemaking partner. They also explained why they chose to use the word “fresh” in the brand name, how they view their roles as owners, ambassadors and influencers, plans to launch in-person sampling events and how Fresh Vine fits into a growing market for low-calorie alcoholic beverages, including hard seltzers. Brands in this episode: Fresh Vine Wine
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May 11, 2021 • 41min

Why Whole Foods Bit On -- And Built Around -- This ‘Wilde’ Concept

Amazon founder and CEO Jeff Bezos once explained that the e-commerce giant innovates by “starting with the customer and working backwards.” Jason Wright, the co-founder and CEO of Wilde Brands, adopted a similar mindset for the development of the company’s unique chicken- and pork-based chips. Wright, a serial entrepreneur who launched Wilde as a brand of meat bars in 2015, saw an opportunity to innovate within the salty snack category via a protein-centric product. He envisioned a meat-based chip, and the health food devotee saw himself as the prototypical customer for the product. Going from concept to scalable brand, however, came with a number of missteps and setbacks. Yet, those growing pains ultimately paid off, and today Wilde’s chips are produced at a $10 million manufacturing facility that opened in 2020 and carried nationally at retailers, including Whole Foods, Sprouts and Safeway. In an interview featured in this episode, Wright chronicled his entrepreneurial journey beginning as the co-founder of an upstart granola brand through to the debut of Wilde, why the company pivoted away from bars and into chips and how he convinced investors to buy into the strategy. He also explained why co-manufacturing was ultimately the wrong choice for Wilde, how he worked with retail buyers to establish a new protein-centric segment within the snack category and how the company identified the packaging callouts that most resonated with consumers. Show notes:  0:42: Interview: Jason Wright, Co-Founder/CEO, Wilde Brands -- Taste Radio editor Ray Latif sat down with Wright who spoke about how his early career as a fashion model led to entrepreneurship, why he launched and ultimately shut down a granola brand and what he learned from subsequent sales roles at a packaged nut startup and at The Wonderful Company. He also discussed his interest in launching a meat-based snack bar and how the emergence of the category and competition influenced Wilde’s evolution into a chip company and how he was able to land investment without having a finished product. Later, Wright delved into the trials and errors of product development, why he regrets working with a co-packer, how the company aligned with Whole Foods to establish Wilde as an anchor brand within an emerging snack set and why the keys to winning consumers over always begins with taste. Brands in this episode: Wilde Brands, Bear Naked, Epic Provisions, 4505 Meats
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May 4, 2021 • 56min

They’re Obsessed With Helping Consumers ‘Bite’ Better. And This Is Their Plan.

This week, we’re joined by Chris Fanucchi and Samantha Citro Alexander, the co-founders of Bitewell, a startup platform that aims to make healthy purchasing decisions easier via curated options for grocery and restaurant delivery.  Fanucchi is a serial entrepreneur who is also the co-founder of both plant-based protein beverage brand Koia and caffeinated sparkling water brand Limitless. He launched Bitewell in January 2020 and was joined by Alexander, a former marketing executive for Estee Lauder, in December. Merging shopping and food trends along with dietetics and a data-driven approach, the new venture is designed as a one-stop solution for consumers who want to improve their daily eating habits.  Within our conversation, Fanucchi and Alexander discussed the origins of Bitewell, how the concept has evolved since its inception and why it’s a data company at its core. They also spoke about Bitewell’s multi-pronged business model, why its competition isn’t easily defined and how the company works with emerging food and beverage brands. Show notes:  0:45: What The Fokk Is The Dairy Pride Act? - The hosts chatted about Mike’s visit to the Big Island and discussed the reintroduction of a federal bill that would dramatically restrict ways that plant-based dairy brands can market their products. They also spoke about an upcoming event on Clubhouse that will explore how three entrepreneurs landed placement of their brands in their dream retailers, urged early-stage founders to apply to the upcoming New Beverage Showdown 21 and Pitch Slam 10 competitions and spoke about several new products and notable marketing campaigns, including that of Siggi’s which is promoting its new low sugar line via a “fokking” clever message. 22:07: Interview: Chris Fanucchi & Samantha Citro Alexander, Co-Founders, Bitewell -- Taste Radio editor Ray Latif sat down with Fanucchi and Citro Alexander who discussed Bitewell’s Discovery Boxes, which are packed with an assortment of diet-specific products, how the concept was born out of Fanucchi’s personal experience with food and how they’ve simplified the company’s tagline and primary communication to consumers. They also spoke about building out the company’s initial team, the importance of locking in service and supplier partnerships, getting consumers to share personal information about their eating habits and lifestyles and why they view current competitors as future potential partners. Brands in this episode: Maui Brewing, Ola Brewing, Honolulu Beerworks, Big Island Booch, Sattva Vida, Siggi’s, Clio Snacks, Olipop, Poppi, Ugly Drinks, Essentia Water, GoodSport, Cure Hydration, Koia, Limitless, Health-Ade, Super Coffee
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Apr 27, 2021 • 49min

Honest Tea/Beyond Meat’s Seth Goldman On Winning Hearts, Minds And Stomachs

How do you effect positive and sustainable change in the food system? If you’re Seth Goldman, you begin with tea and continue with mushrooms. As the co-founder of Honest Tea and chair of the board of Beyond Meat, Goldman has played a key role in democratizing access to organic beverages and plant-based meat. His latest venture, Eat The Change, is a mission-driven platform designed to give people “daily, actionable choices that make a difference” via chef-crafted, planet-friendly snacks. Last month, Eat The Change launched its first products, a line of organic mushroom jerky created by co-founder and celebrity chef Spike Mendelsohn, who is also Goldman’s partner in PLNT Burger, a chain of plant-based, quick-service restaurants. In an interview featured on social media platform Clubhouse and recorded for this episode, Goldman discussed how the Eat The Change fits into the context of his career, why he and Mendelsohn chose to lead with mushroom jerky and how the company plans to communicate the brand's mission and product attributes to mainstream consumers. He also addressed claims of Beyond Meat products as being overly processed, the evolution of Honest Tea as a Coca-Cola-owned brand and why he eats Pringles from time to time. Show notes:  0:42: Interview: Seth Goldman, Co-Founder, Honest Tea & Eat The Change; Chair Of The Board, Beyond Meat -- Goldman spoke with Taste Radio hosts Ray Latif, John Craven, Mike Schneider and Jacqui Brugliera for a wide-ranging conversation that began with a discussion about the impact of divisive rhetoric in the U.S., the genesis of Eat The Change and why he believes that “mushrooms are the ultimate ingredient.” He also spoke about the differences between the first year of Honest Tea and that of Eat The Change, how and when the latter will expand into new food categories and how the pandemic affected the timing of its launch. Later, Goldman explained why those that are critical of how Beyond Meat is produced “shouldn’t be eating pasta,” why he’s still in regular contact with the leadership team at Honest Tea despite having no official role with the brand and answered questions from the Clubhouse audience about new business opportunities that are drawing his attention, the potential for refrigerated snacks and his perspective on soy as a crop. Brands in this episode: Eat The Change, Beyond Meat, Honest Tea, Tip Top Cocktails, Epic Provisions, Krave Jerky, Earth & Star, New Gem Foods, Zico, Pringles, The Good Crisp
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Apr 20, 2021 • 56min

Barnana’s Secret Weapon? It’s Often Wasted.

On the cusp of Earth Day 2021, we’re joined by Caue Suplicy, the founder and chairman of Barnana, which markets premium snacks made from upcycled bananas.  Founded in 2012, Barnana uses slightly overripe bananas that would otherwise be discarded to produce dried banana bites, tortilla chips and cookie brittle, which are sold at major retailers nationwide including Costco, Whole Foods, Target, Walmart, Kroger, Safeway.. Meanwhile, as a founding member of the Upcycled Food Association, Barnana is leveraging its experience to support new and emerging upcycled CPG concepts.  In an interview featured in this episode, Suplicy spoke about the company’s development and evolution, including how the company analyzed consumer demand to better understand how to market and promote the brand/product. He also explained the company’s strategy for sourcing and utilizing sales data, why hiring from within has benefited the brand and how he has navigated the industry as an immigrant founder. Show notes:  0:38: What Millennials Really Think About Sustainability, Gluten-Free Faves & RayFC -- BevNET reporter Brad Avery made a guest appearance in the the opening banter, which included a discussion about how millennials perceive sustainably-minded brands, how the team is gearing up for BevNET & NOSH Virtually Live, Ray’s embrace of gluten-free brands (along with a chicken sandwich cheat) and interesting products that have tickled our fancy of late. 26:02: Interview: Caue Suplicy, Co-Founder/Chairman, Barnana -- Suplicy spoke with Taste Radio editor Ray Latif about Barnana’s recent label revamp and new mascot and how it ties into the company’s partnership with EarthDay.org. He also discussed Barnana's recent alignment with almond-based dip brand Bitchin’ Sauce, how the company’s first intern became a co-founder and the elements of its simple and easily understood message about mission and values. Later, Suplicy explained how Barnana’s consumer research strategy has evolved, how data impacted its selling story and pitch to retailers, being mindful about when to launch new products and how his Brazilian heritage factored into the company’s development. Brands in this episode: Barnana, ReGrained, Forager, Uglies Snacks, Imperfect Foods, PathWater, Coca-Cola, Rudi’s Bakery, Egglife, OMG...It’s Gluten Free, ZenB, Wet Hydration, Vegan Rob’s, Pirate’s Booty, NUGGS, Raisels, Akeso Water, Death Wish Coffee, Bitchin’ Sauce, Zico
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Apr 13, 2021 • 40min

There Are Millions To Be Made In Niche. Oded Brenner Explains How.

Oded Brenner often praises traditional business principles. His career, however, has been defined by resisting them. A self-described “businessman-artist,” Brenner cut his teeth as an entrepreneur in 1996 as the co-founder of Max Brenner, an international chain of upscale chocolate-centric cafes. Brenner points out that the genesis of Max Brenner, which operated nearly 40 locations globally at its peak, had little to do with business planning or market research and instead was born out of Brenner’s passion for indulgent and comforting desserts. The same is true for his latest venture, Blue Stripes Urban Cacao, which markets a range of wellness-focused consumer drinks and snacks made from upcycled cacao fruit, including the shell and beans. Brenner calls it a “pure passion” project, albeit one that is rapidly expanding its presence at natural channel retailers. In an interview included in this episode, Brenner spoke about his unconventional approach to entrepreneurship and why he believes that “there will always be a place for the niche.” He also discussed his breakup from Max Brenner and his belief that corporations and independent business owners can never work together, why he embraces ideas that would commonly be perceived as mistakes and his definition for the ultimate form of success.  Show notes:  0:42: Interview: Oded Brenner, Founder, Max Brenner & Blue Stripes Urban Cacao -- Taste Radio editor Ray Latif joined Brenner for a conversation that began with a brief introduction to cacao fruit and instructions on how to open one with your hands (as Latif did during the interview). Brenner also discussed how his original plan to become a writer morphed into a passion for pastries, the origins of Max Brenner, the chain’s expansion into international cities and how he created a menu and experience that resonated with customers from all walks of life. Later, he explained why the company’s partnership with holding company Strauss Group was a big mistake, how his love of cacao fruit inspired the launch of Blue Stripes, why customer experience should package design, why having a broad mix of products is not a wise idea and his motivation to continue building businesses. Brands in this episode: Max Brenner, Starbucks, Blue Stripes Urban Cacao

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