Sightlines’ Post

The speed of cross-category change has only increased in 2024. Are you keeping up? + Quirk, Boulevard Brewing Company’s hard seltzer that thrived with a hyper-local focus, spun off to include Quirktails cocktail-flavored FMBs. + Austin Eastciders released Rico Tepache, a cider made with pineapple, cinnamon, and ginger to mimic the traditional Mexican beverage. + New Belgium Brewing s Voodoo Ranger brand—once just a series of IPAs—now is the fourth best-selling hard tea in the country. Always consider how the consumer is most likely to understand what you're selling—don't shoehorn a brand into a traditional category just because it technically or legally falls there. We've heard this message loud and clear from Brewers Association's VP of strategy, Bart Watson: "In today’s world, you have to understand the total picture of alcohol more than ever before—even if you need to focus on your own category. You have to understand all this other stuff in order to excel." https://buff.ly/3zI0Egx

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Stephen Carter King

Cheers! Chief of Growth, Marketing, and Strategy, Market Analyst for Craft Beer, Beer, Wine & Spirits, using BevAlc market trends, insights, and outlooks • CEO of Cheers! a Sláinte! Co. ☘️

2mo

“The speed of cross-category change has only increased in 2024 …” Basically, in retailing, it’s “adapt or die.” I’ve long known this. As a former retailer of hundred and hundreds or stores spread across 20+ states, every 3-5 years it was ‘adapt or die.’ Ask CVS. Ask Walgreens. This year they’re (both) closing 2,400 stores over the next 3 years. Again, adapt or die.

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