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Great analysis. The surprising bit is that these large companies did not do the basic financial assumptions that you point out! I think another part is understanding the cocktail occasion. Yes, making cocktails is something that a button could make easier. But cocktails are a social activity. So is coffee, but most coffee is part of a morning routine, where saving time is an asset. Cocktails is about social connection, taking time, and โ€œcraftโ€ associated brands. It doesnโ€™t mix with robotics.

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Michelle Wiles ๐Ÿช„๐Ÿ“ˆ
Michelle Wiles ๐Ÿช„๐Ÿ“ˆ

Written by Michelle Wiles ๐Ÿช„๐Ÿ“ˆ

Breaking down brands and strategy. CEO of Embedded. Former P&G, McKinsey, Ogilvy. embeddedbrandstrategy.com | hailhairware.com

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