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How to Juice a Saturated Market

Pressed Juicery helped lead the California juice craze and has 22 locations there. Now it’s coming to New York, which is soaked with juice shops. What’s the strategy?

How to Juice a Saturated Market
[Photo by Stephanie Gonot]
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Step 1: Invest big

Because cold-pressed juice has just a three-day shelf life, manufacturing and logistics are make-or-break. CEO Hayden Slater is building an East Coast processing facility so he can control his own supply chain.

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Step 2: Be everywhere

Consumers might skip over another single new juice shop, so Slater is opening up to 15 at once. That way the company is hard to miss, and people will talk. “Our goal is to get this product to as many people as we can,” he says.

Step 3: Strip down

Slater wants there to be no confusion about what his company sells, so he’s selling one thing only. No wheatgrass, no smoothies. Just juice. “At the core of who we are, we are a juice company,” Slater says.

Step 4: Compete on price

New Yorkers who have a favorite juice shop are unlikely to be lured away by juice alone. Slater is giving them a reason to switch and newcomers a way in: He sells at about $6.50 a serving, rather than the industry standard of $10 to $12.

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