Taste Radio

BevNET Inc.
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Dec 18, 2020 • 47min

Insider Ep. 107: Why Successful Innovation Begins With The Consumer

In this episode, we're joined by Francesco Amodeo, the co-founder and president of Don Ciccio & Figli, an acclaimed distiller of handcrafted Italian herbal liqueurs and ready-to-drink cocktails based in Washington, D.C. Founded in 2012, Don Ciccio & Figli produces beverages in the tradition of Amodeo's family whose roots in the spirits business began in the 1800's along Italy's Amalfi coast. Amodeo's embrace of his heritage has given way to the development of a highly awarded portfolio of amari, apertivi and cordials and comes amid Americans' growing interest and demand for Italian liqueurs and bitter drinks. As part of our conversation, Amodeo spoke about following in the footsteps of his family, incorporating a modern touch into old-world production methods, the company's thoughtful innovation strategy and how it validates new products. He also spoke about the impact of trends on business planning and strategy and how the company has responded to the Covid-19 pandemic via an expansion of its portfolio. Show notes: 1:02: Congratulations Are In Order; Why "Lyte" Drinks Are Having A Moment; J.B. Loves The Sauce -- The episode opens with a conversation about the winners of BevNET and NOSH's Best of 2020 Awards, and the reason for a certain ice cream brand's recognition. The hosts also discussed ways to enhance your brain power and business acumen, the emergence of Pedialyte-type drinks for adults and why the crew is jazzed about ginger shots, immunity juices and plant-based dips. 19:47: Interview: Francesco Amodeo, Co-Founder & President, Don Ciccio & Figli -- BevNET founder and CEO John Craven sat down with Amodeo, who spoke about his inspiration for launching the distillery, manipulating a key ingredient to create novel products and why he describes the product portfolio as "different colors for bartenders to paint their canvas." He also discussed how the company conducts consumer and market research prior to launching a new product, the growth potential for Italian-centric liqueurs and the process of developing Don Ciccio & Figli's ready-to-drink portfolio, which has blossomed amid the pandemic. Brands in this episode: Don Ciccio & Figli, Oatly, Ben & Jerry's, Chobani, Revitalyte, Pedialyte, Gatorade, Hoist, Liquid I.V., Hydrant, Cure Hydration, Sol-ti, GNGR, Legacy Juice Works, Uncle Matt's, Honey Mama's, Bonbuz, Bitchin' Sauce, Bob's Red Mill, Earth Balance, Assumption Abbey, 12 Tides, Ayoba, Nutella
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Dec 8, 2020 • 44min

Ep. 234: 'Once' Co-Founders Garner & Foraker Open Up About The Importance Of Mission, Middle America & BLM

Few packaged food brands have an A-list celebrity and one of the industry's most respected leaders as part of their founding team. That is the case, however, with Once Upon A Farm, a mission-drive company that markets organic, nutrient-rich foods, including cold-pressed fruit and veggie blends, smoothies and dairy-free yogurts. Actor and spokesperson Jennifer Garner and John Foraker, who led Annie's for nearly 20 years through its sale to General Mills, joined Once Upon A Farm as co-founders in 2017 and have since been on a mission to increase awareness and accessibility of the products to kids and parents across the U.S. Despite their experience and resources, Garner and Foraker will admit that the past three years have come with some bumps in the road. In particular, they'll note that they might have been overambitious and expanded the brand's retail footprint too quickly. Nevertheless, they view missteps as "key learnings" and a chance to improve upon their business strategy while maintaining a focus on Once Upon A Farm's core mission and values. In the following interview, Garner and Foraker spoke about how they got involved with the company, identifying roles and responsibilities that would make best use of their time and skill sets and their approach to disrupting a legacy category. They also discussed the importance of making the brand available beyond the coasts, innovating and validating new product concepts and why they believe that "everything starts with the consumer." Lastly, they spoke about Once Upon A Farm's evolving relationship with the non-profit organization Save The Children and the company's response to the Black Lives Matter movement. Show notes: 0:38: Interview: Jennifer Garner and John Foraker, Co-Founders, Once Upon A Farm -- Taste Radio editor Ray Latif and NOSH editor Carol Ortenberg spoke with Garner and Foraker about their motivations to join Once Upon A Farm and why Garner compares her success in the film industry to that of consumer products. They also discussed the impact of "talking the talk," the evolution of the company's strategy for winning over retail buyers, merchandising and communicating the brand attributes to consumers has evolved in recent years and why they introduced a line of WIC-certified products. Later, they explained the process for new product development, the introduction of a new sweet potato pie blend and its connection to Save The Children, the importance of staying on mission while being flexible with business strategy and how the company is supporting BIPOC-owned brands through its Entrepreneur Ally initiative. Brands in this episode: Once Upon A Farm, Annie's, Partake Foods, A Dozen Cousins, Pipsnacks
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Dec 4, 2020 • 1h 17min

Insider Ep. 106: The 'Future' Of Millennial & Gen Z Brands

This week, we're joined by Justin Fenchel, Aimy Steadman and Brad Schultz, co-founders of Future/Proof, a company focused on developing innovative adult beverage brands for the next generation of consumers. The trio launched Future/Proof's flagship brand BeatBox Beverages, which markets wine-based cocktails that the company promotes as "party punch," in 2011. The brand debuted in a 5L bag-in-box package that resembled a boom box (aka a portable stereo system) and was aimed at millennial consumers seeking alternatives to boxed wine and malt beverages. With its unabashed embrace of party culture, BeatBox, which is available in flavors such as Blue Razzberry and Tropical Punch, found a receptive audience among college students and at music festivals, which in turn helped the brand land a national distribution partner and a major retailer early into its development. In 2014, BeatBox hit the jackpot on reality TV show Shark Tank, picking up a $1 million investment from Mark Cuban, whose funding supported new retail and distribution growth. Fenchel, Steadmen and Schultz have since built a thriving business, supported by the launch of a 500mL product which has become the fastest growing single-serve wine product in the U.S., according to data from Nielsen. Of course, it wasn't all wins for BeatBox and the co-founders encountered more than a few stumbles and challenges over the past decade. We unpacked the whole story in an interview included in this episode, which explores the co-founders inspiration for the brand and why naiveté, scrappiness and business school connections were critical to its early development. They also explained why over-preparing was key to winning over Mark Cuban, how the convergence of lifestyle and liquid play into the brand's trade and consumer marketing strategies, why the company is branching into hard seltzer and canned wine, and the reason behind its bullish stance on crowdfunding. Show notes: 0:42: Strong Vibes For Taste Radio Live; Common Threads In Funding Wins; Oh, And Brad Wants To Fight Bob Dylan -- The hosts kick off the episode with a discussion about Zoom attire, why Brad is so jacked up that he's ready to box Bob Dylan and a live edition of Taste Radio featuring actor, fitness icon and entrepreneur Jake Steinfeld. They also spoke about the packed agenda for BevNET Live Winter 2020, which will include Speed Dating sessions with top design firms and national retailers, and the links between recently announced investment rounds in the beverage industry. Finally, a recap of some of the notable products sent to the team over the past month, including single-serve bagged coffee, turmeric-infused lemonades, zero-proof cocktails and oat-based snacks. 23:54: Interview: Justin Fenchel, Aimy Steadman, Brad Schultz, Co-Founders, Future/Proof -- Fenchel, Steadman and Schultz sat down with Taste Radio editor Ray Latif for a wide-ranging interview that began with the origins of BeatBox Beverages and how the concept was born and incubated at the University of Texas, how the brand was designed to address the convergence of millennials, boxed wine and music festivals, crowd-sourcing their label design and the remarkable story of how the company landed its first major distribution partner. The co-founders also spoke about learning on the fly about the alcoholic beverage industry, communicating the brand's key attributes to retailers and consumers, how they landed a spot on "Shark Tank" and picked a $1 million dollar investment from the show. Later, they discussed learnings about BeatBox's primary package and why it was critical to add a single-serve offering, transitioning distribution to beer wholesalers, how they raised over $800K in a recent crowdfunding campaign and what they're looking for in a strategic partner. Brands in this episode: BeatBox Beverages, La Colombe, Heaven's Door Whiskey, ZENWTR Huzzah, Olipop, Culture Pop, Clearly Kombucha, Hint Water, Vita Coco, Forto, Vitaminwater, Cheribundi, Kate Farms, Unity Wellness, High Side Coffee, Solo Coffee, Steeped Coffee, Om Mushrooms, Four Sigmatic, Golden Tiger, Minor Figures, Betera, Happy Snaps, Silverback Beverage Co., Brizzy Seltzer, Corkless
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Nov 24, 2020 • 57min

Ep. 233: Why This Acclaimed Vintner & Physician Urges Entrepreneurs To 'Really Listen To People Who Disagree With You'

Laura Catena may have one of the most unique resumes that you'd ever come across. Regarded as the face of Argentine wine, Catena presides at the helm of her family's lauded winery Bodega Catena Zapata, which laid the foundations for the country's wine to be recognized at the level of its European counterparts. She is also the founder of the Catena Institute of Wine, which focuses on science-driven ways to support and showcase Argentina's winemaking regions. And, until recently, Catena had worked as an emergency room physician in San Francisco, a job she held concurrently with her wine-related roles. On the surface, one might think there are few similarities between the responsibilities of a doctor and vintner. Yet, as part of the conversation featured in this episode, Catena explained that her professions intersect in ways that make her better in both roles and allow her to provide more effective care to her patients and craft exceptional wine. We further explored this dynamic in our interview and also delved into Catena Zapata's history and scientific approach to winemaking. Catena also explained why she feels a heavy responsibility of carrying the whole country of Argentina on her shoulders, why she believes that it is critical to "really listen to people who disagree with you" and discussed her passion for achieving sustainability through innovation. Show notes: 0:44: Interview: Laura Catena, Managing Director, Bodega Catena Zapata -- Taste Radio editor Ray Latif sat down with Catena for an expansive interview in which she discussed how she is supporting workers at her family's winery in Argentina via telemedicine during the Covid crisis, the origins of Bodega Catena Zapata and why her father was inspired by American winemakers and discussed how malbec has been the key to Argentina's ascendance in the global wine industry. She also spoke about why she was initially hesitant to join the family business and chose to study and practice medicine instead, how wine transformed her home province of Mendoza into a thriving region and how Catena Zapata's rise to international recognition was supported by its focus on science and research about Argentina's climate and soil. Later, she explained how the winery succeeded by winning "hearts and minds," and why it's so important to "understand how nature works so that we can preserve it." Brands in this episode: Bodega Catena Zapata
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Nov 20, 2020 • 1h 5min

Insider Ep. 105: How To Disrupt An Industry? Consider A 'Tailored' Strategy.

In this episode, we're joined by Stu Aaron and Martin Janousek, the co-founders of Bespoken Spirits, a modern distilling company which claims that it can precisely tailor spirits to a desired aroma, color and taste. Using proprietary technology, Bespoken's production process can be completed in a matter of days as opposed to traditional distilling and aging methods which typically take years. The company's business model is two-fold: Bespoken works with small- and mid-sized distillers to craft new products in an accelerated time frame, and also markets a line of branded products. In October, Bespoken also announced a $2.6 million seed funding round, led by noted Silicon Valley investor T.J. Rodgers and baseball icon Derek Jeter who praised the company's disruptive vision and its focus on sustainability. Despite significant interest in Bespoken's technology, there is some skepticism about the company among industry insiders and traditionalists. As part of our conversation, Aaron and Janousek discussed how they are attempting to win over stakeholders and gatekeepers by communicating the benefits of their brand and business. They also explained why they prepared for years before launching the company, how they validated their process and products and why they described Bespoken as an enabler of change, rather than change itself. Show notes: 0:41: It's A Togroni, Jabroni. And Why Protein Donuts + Adaptogenic Sparkling Teas = WINNERS. -- The hosts chatted about John Craven's recent attempt at a nip-centric cocktail and Nordic-inspired (but not really) cold-pressed juices, and also shared insights and a behind-the-scenes examination of the recently held New Beverage Showdown and NOSH Pitch Slam competitions. They also congratulated a juice shot brand that recently landed $14.5 million in a new funding round, discussed a new video series produced by NOSH and Mondelez's SnackFutures innovation unit and shared their thoughts on a few new products to arrive at the office, including boozy cookies, sprouted almonds and sunflower butter sweets. 25:12: Interview: Stu Aaron and Martin Janousek, Co-Founders, Bespoken Spirits -- Aaron and Janousek spoke with Taste Radio editor Ray Latif about their backgrounds in the energy industry, how their interest in high quality spirits sparked the inspiration behind Bespoken and how their complementary skill sets have supported the company's launch and development. They also discussed how Bespoken is differentiated from other rapid aged spirits companies, the cost and sustainability benefits of their technology and how their process compares to traditional distilling processes, how they define "modern consumers" and why the cohort is demanding products like Bespoken's. Later, Aaron and Janousek explained why they were patient with the rollout of the company's spirit line and how they address the traditional storytelling element common to the promotion of spirits. Brands in this episode: Ginsation, Elite Sweets, Kite, Smooth Pops, Kindroot, Everripe, Taika, Kaylee's Culture, So Good So You, CaPao, Dirt Kitchen, Ruckus & Co., Bahlsen, Baileys, Daily Crunch Snacks, Hlth Punk, A Dozen Cousins, Free2Be, Joolies, Reese's, Justin's
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Nov 10, 2020 • 48min

Ep. 232: How Sarah Frey Won Over Walmart On The Way To Over $1 Billion In Sales

Sarah Frey was barely into her 20s when she struck a deal with Walmart for her family's company, Frey Farms, to supply watermelons and pumpkins to the retailer's stores across the U.S. The relationship with Walmart helped Frey Farms, which had recently emerged from near foreclosure, become one of the largest suppliers of fresh produce in America, one with farmland in seven states and total sales exceeding $1 billion. Frey's ability to win over Walmart buyers was documented in a case study published by Harvard Business School about how she successfully negotiated a deal with the world's largest retailer. In an interview included in this episode, Frey spoke about how she engineered Frey Farms' remarkable turnaround despite having no formal business training, how she identified and utilized advantages her company had over larger competitors and how she navigated Walmart's corporate culture. She also explained why the key to farming is managing risk, how consumers' relationship with food has evolved during the Covid era and what she's learned about building a beverage company as the founder of watermelon juice brand Tsamma. Show notes: 0:39: Interview: Sarah Frey, Founder & CEO, Frey Farms -- Frey spoke with Taste Radio editor Ray Latif about why she is affectionately known as "America's Pumpkin Queen," how hard work was instilled in her from an early age and how her upbringing shaped her perspective on food. She also explained how her entrepreneurial spirit emerged when she began selling pumpkins out of the back of a pickup truck when she was 17, how she learned about building a business and why small businesses will always have an advantage over corporations. Later, she explained why "you need two good years out of five to make it in farming," the importance of access to healthy food at affordable prices and the only way that products made with upcycled ingredients can be successful. Brands in this episode: Sarah's Homegrown, Tsamma Juice
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Nov 6, 2020 • 54min

Insider Ep. 104: The First Step To Securing Millions In Venture Capital? It's Easier Than You Think.

This week we sat down with Filipp Chebotarev, the co-founder of Cambridge SPG, a venture capital firm that invests in emerging and innovative consumer concepts. Since launching in 2016, the California-based company has been an active investor in the food and beverage industries and holds stakes in several fast-growing and disruptive brands, including Once Upon a Farm, Vive Organic, Foodstirs, Owl's Brew, Fish People and Tosi. Within our expansive conversation, Chebotarev spoke about the firm's investment philosophy, what he learned from developing an unsuccessful food brand and what role his background in distressed real estate has on funding upstart companies. He also discussed effective strategies for initiating and cultivating relationships with investors, why he'll review a 70-page pitch deck under the right circumstances and general rules that predict success in food and beverage. Show notes: 0:31: Cann Jacqui Get An Intro To Gwenyth Paltrow? Also, We Have A New Hashtag. -- The episode opens with a discussion about a certain famous actress and entrepreneur making an investment in a cannabis-infused "social tonic" brand, the slew of BevNET, NOSH and Brewbound events coming in December and why Ray fell for this new "proposition." The hosts also encouraged listeners to send in their nominations for BevNET and NOSH's Best of 2020 awards and raved about new lines of coated peanuts and canned cocktails. 20:13: Interview: Filipp Chebotarev, Co-Founder/Partner, Cambridge SPG -- Taste Radio editor Ray Latif spoke with Chebotarev about Cambridge SPG's recent investment in a fast-growing chicken restaurant chain, his transition from investing in real estate to consumer brands and how the firm's investment strategy has evolved since its launch. He also explained why "the dots have to align for a deal to come together," the best way to pitch him on LinkedIn, how Vive Organic co-founder and CEO Wyatt Taubman convinced him to invest in the company and how ingredient and formulation trends factor into Cambridge SPG's funding thesis. Brands in this episode: CANN, Proposition Cocktail Co., Better Booch, Don Ciccio & Figli, Skinny Dipped, Wet Hydration, No Evil, The New Primal, Violife Foods, Once Upon a Farm, Vive Organic, Foodstirs, Owl's Brew, Fishpeople, Tosi
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Oct 27, 2020 • 48min

Ep. 231: Why 'Going Right When Everyone Is Going Left' Made Hoplark A Budding Star

During our interview with Hoplark co-founder and CEO Dean Eberhardt, he mentioned that some consumers describe the brand's HopTea beverages as "naughty." Eberhardt explained while the hop-infused, zero-calorie teas are non-alcoholic, their resemblance to beer -- in taste and packaging -- might make a person blush if they were to drink one during the day or while driving a car. Amid a growing number of Americans interested in sober-curious lifestyles, Hoplark HopTea has found a receptive audience and loyal following among consumers who've adopted the brand as a better-for-you alternative to carbonated alcoholic drinks. The products have also resonated with natural product consumers seeking better-for-you beverages; Hoplark landed a national deal with Whole Foods just 16 months after its debut in 2018. The brand has continued to thrive despite the Covid-19 crisis, during which it has built a burgeoning direct-to-consumer business. As part of a conversation featured in this episode, Eberhardt spoke about the development and rise of Hoplark, including why he chose not pursue a career in his family's business and how that decision paved the way for the brand's creation. He also explained why Hoplark isn't specifically promoted to sober-curious consumers, the thought-provoking way he describes the products' functional attributes, the impact of limited edition flavors on driving brand loyalty and why the company turned down a venture capital investment this past summer. Show notes: 0:39: Interview: Dean Eberhardt, Co-Founder & CEO, Hoplark -- Taste Radio editor Ray Latf spoke with Eberhardt about his early morning habits, how getting fired from his own prior startup led him from Chicago to Boulder Colorado, the "lightbulb" moment that inspired the creation of HopTea and why he and his co-founder spent 18 months developing the formulation and branding prior to launching the brand. He also explained why he's "alcohol-agnostic," his belief that he's "a marketing textbook's worst nightmare," why the company is focused on letting the brand's consumers "find their own journey" and why he never wants to sell a product based on what's not in it. Later, he explained how Hoplark prepared for the pandemic, why the company is actively looking for long-term investment partners and not thinking about an exit and why self-manufacturing has been and will continue to be important. Brands in this episode: HopLark, Whole30, Guinness
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Oct 23, 2020 • 1h 3min

Insider Ep. 103: What Makes A 'Hot' Brand? It's Personal.

Jing Gao's mission to "bring uncensored Chinese flavors to the table" has made her brand a hot commodity. An award-winning chef and former restaurant owner, Gao is the founder and CEO of Fly By Jing, an innovative brand of Sichuan-inspired sauces and seasonings that launched in 2018 and is known for its modern take on Chinese cuisine. In recent months, Gao has overseen a massive spike in demand for the brand's products, which include a chili crisp, dumpling sauce and mala spice. The surge, driven partly by a New York Times article praising the versatility of the chili crisp, along with the brand's rabid fan base -- Fly By Jing has over 25,000 Instagram followers -- has put Gao in the enviable, albeit complex, position of managing a very fast-growing company. In an interview included in this episode, Gao discussed the origins of her passion for Chinese food culture and why she set out to create a brand that could elevate consumers' expectations for the cuisine's flavors while increasing Americans' accessibility to high quality Sichuan-inspired condiments. She also discussed the company's customer acquisition and marketing strategies, the thought process behind its upcoming rebrand, managing shortfalls in production and how she addressed racist comments posted on the brand's Instagram page. Show notes: 0:31: "Star Trek Supernova" > Blue Steel; The Best Of 2020 and Cycling Through A Trademark Battle -- The hosts riffed on Jacqui's athletic prowess, why you shouldn't cut your own hair and how entrepreneurs can take the first steps toward winning a BevNET or NOSH Best Of 2020 award. They also discussed why Peloton is angry at Peloton, the upcoming deadline to participate in New Beverage Showdown 20 and Pitch Slam 9, why a recent rebrand had Mike seeing stars and rainbows and why Ray could chug an entire bag of drizzled popcorn. 20:13: Interview: Jing Gao, Founder/CEO, Fly By Jing -- Gao spoke with BevNET CMO Mike Schneider about why she changed her name from Jing to Jenny and then back again, how her travels to China ignited her interest in traditional Chinese cooking and led her to transition out of the corporate world and into a career in food. She also discussed Fly By Jing's origins as an underground restaurant concept, the decision to launch a consumer brand and why she was intent on using high quality ingredients for the products, and how she leaned on her network in the U.S. and Canada to achieve the highest funded Kickstarter campaign for a craft food product and build a foundation for its consumer base. Later, she spoke about the company's success in landing widespread media coverage, launching the brand via e-commerce, facing production and logistical challenges that arose from crushing demand, why creating packaging that was "approachable" was key to the rebrand and what's next for Fly By Jing. Brands in this episode: Fly By Jing, Don Ciccio & Figli, Solento Tequila, Sweet Chaos, Honey Mama's, Nuun, Huy Fong
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Oct 16, 2020 • 49min

Insider Ep. 102: How Do You Build A Giant-Killer? Start With Peas.

Nick Desai, founder and CEO of pea-based snack brand Peatos, believes that junk food consumers will never trade their Doritos for kale chips. So if you want to disrupt the $21 billion market for salty snacks you have to give consumers what they want -- along with something they didn't know they needed. Promoted as "a one of a kind 'junk food' only without the junk," Peatos' crunchy curls and rings were developed to look and taste like legacy snack brands Cheetos and Funyuns but are made with all natural ingredients. The brand's marketing strategy, which is focused on making direct comparisons between its products' ingredient profiles and those of popular salty snack brands, appears to be resonating with consumers and industry gatekeepers. Three years since the brand's debut, Peatos is carried in nearly 5,000 retail locations, including those of Kroger, Safeway and Costco, and the company recently closed a $7 million funding round that will be used to fuel additional growth. In an interview included in this episode, Desai spoke about the origins of Peatos, why he believes that he's doing the right thing regardless of the brand's chances for success, how to achieve meaningful scale amid consumer skepticism about healthy snacking and why he believes that the American dream "is still very much alive." Show notes: 0:31: Dad Dub, Office Juice and CBD in Sports -- The episode's hosts chatted about a Skrillex video that no one will ever see, an opportunity for Mike to dust off his longboard and a must-follow Instagram account. They also discussed handcrafted immunity-boosting libations at the office, why CBD beverage brands are targeting athletes, required viewing for anyone involved with or interested in the cannabis space and why Ray loves a particular brand of energy bites. 15:54: Interview: Nick Desai, Founder & CEO, Peatos -- Desai spoke with Taste Radio editor Ray Latif about bringing his kids to industry trade shows and conventions, his father's influence on his career and his transition from law to investment banking to the food industry. He also discussed how the acquisition of two snack companies paved the way for the development of Peatos, how he navigated a cease-and-desist demand from PepsiCo and why great taste is the only way to convince people to trade their snack brand for another one. Later, he also spoke about his recent Linkedin post about the "American dream" and why he's optimistic about entrepreneurship in the U.S. despite a challenging year for the country. Brands in this episode: Ocean Spray, Hella Cocktail Co., Sweet Reason, DEFY, Gatorade, Powerade, NanoGAINZ, OFFFIELD, BioSteel, Nomz, Olipop, Poppi, Health-Ade, Peatos, Cheetos, Fritos, Doritos, Wise Snacks

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