Taste Radio
From $1M To $500M In Five Years, Olipop’s Explosive Growth Is No Accident
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:54:56
- More information
Informações:
Synopsis
It’s not a stretch to say that Olipop has altered the beverage landscape. Co-founded by industry veterans Ben Goodwin and David Lester in 2018, Olipop pioneered the breakout category of functional, low-calorie soda and has become one of the fastest growing drink brands in recent memory. The company is expected to generate $500 million in revenue this year and its products are sold in over 35,000 retail stores across the U.S., including major chains Walmart, Target, Whole Foods, Publix, Kroger and Costco. Remarkably, the company is also profitable. Olipop’s rise, fueled by Gen Z consumers seeking a healthier alternative to legacy libations, spurred the launch of dozens of new entrants into the space. Strategic companies have, expectedly, taken note. The brand’s ascent is not common, but its co-founders adherence to business fundamentals, simple and clear messaging, and mission-driven values have given the brand a foundation on which it has flourished. In this episode, Ben and David talk about how Olipop’s