Reed explains that while grocery stores have been competing with places like Whole Foods for some time by including a natural foods aisle within the store—his product has been in two to three thousand of these specialty sections around the country—his goal is to move into the mainstream aisle with other soft drink producers. "There's a huge opportunity for us in grocery," he says. And he has recruited Neal Cohane, former senior account manager for Pepsi, to chase these chain accounts specifically.
While entering the mainstream is an understandable ambition for any niche company, Gary Hemphill, managing director at the Beverage Marketing Corporation issues a caveat. "These companies can't get caught up competing directly against the giant companies. They certainly can't compete against them on price." His advice is that companies like Reed's should "play up their uniqueness in their marketing. That's their value in the marketplace."
But when questioned about whether he thinks branching out could dilute his brand, Reed shakes his head in an emphatic no. "When we say we're number one in places like Whole Foods and Trader Joes, supermarkets will love us," he says confidently emphasizing that they've recently been picked up by Kroger, Fred Meyer and Smith's among others.
Reed is also training his eyes overseas, with distribution deals in Singapore, France, England, Wales, Scotland, Ireland, Belgian, Holland and Japan. Next on the ginger man's map? China.
Recent Comments | 6 Total
June 30, 2008 at 11:55am by sarah kimball
Kudos to him! Reed’s sodas are simply delicious. And after you indulge yourself, you have nothing to feel guilty about because the drinks are all natural. My favorite is the spicy and tasty Jamaican ginger brew.
June 30, 2008 at 4:21pm by Justin Shea
Hi highly recommend trying a "Dark and Stormy". A delicious cocktail served best when using Reed's Ginger Beer and Goslings Bermudan Rum as the primary ingredients...
July 7, 2008 at 3:27pm by Ryan Milani
90 pounds of ginger is no joke! Now that's an entrepreneur!
December 1, 2008 at 10:29am by Matt Timothy
What entrepreneurship! I too like Dark and Stormy. It is delicious. Keep the new products coming!