Chew on This - Digestable DTC Content

The Next Billion Dollar Industry No One is Talking About...


Listen Later

🔁 Recharge - Drive more revenue from your subscription strategy with meaningful insights, dynamic subscriber experiences, and a subscription core trusted by over 20,000 brands.🔗 https://getrecharge.com/🍸 Viral Success: A million dollars in revenue within 90 days from a single viral TikTok video. This initial success highlighted the potential but also the volatility of relying solely on organic reach.📈 Multi-Channel Marketing: Nowadays utilizes a balanced approach, combining organic social media content (TikTok, Instagram) with paid media (Meta, App Lovin), influencer marketing (primarily through product sampling), and a strong direct-to-consumer (DTC) presence to reach a wide audience.⚖️ Navigating Regulations: The brand strategically focuses on consumer benefits and avoids direct mention of cannabis to navigate the strict advertising limitations in the industry. They prioritize compliance and responsible marketing.🛍️ Omnichannel Strategy: A blend of DTC sales, which provides valuable data and profitability, and wholesale partnerships with liquor stores offers a diversified approach to market reach and sustainability.🔮 Future Vision: Plans for continued product expansion, including limited-time offerings (LTOs) and potentially exploring other functional beverage categories beyond THC, while maintaining a premium brand image.0:00 - Intro​1:14 - Going to market with limited funding​5:05 - Having viral content​6:21 - Breakthrough success​8:46 - Ron's experience with Nowadays​10:22 - Good product vs. good marketing​12:45 - The impact of DTC ​14:02 - Building organically​19:01 - Product safety testing​23:33 - Pivoting and learning from failures​24:58 - Brand awareness and revenue generation​26:06 - Sending products to influencers for organic exposure​29:02 - Finding the right influencers who resonate with the target audience​32:06 - Product safety and effectiveness​34:06 - Premium products to stand out in a competitive market​36:23 - Successful influencer partnerships to drive engagement​39:00 - Subscription models to encourage repeat purchases​41:18 - Product expansion based on consumer preferences45:50 - Final chewFollow us, subscribe to our newsletter, and to see our exclusive merch check outhttps://chewonthis.io/Ron Shah - https://twitter.com/obviceoAsh Melwani - https://twitter.com/ashvinmelwaniChew On This - https://twitter.com/chewonthisdtc

...more
View all episodesView all episodes
Download on the App Store

Chew on This - Digestable DTC ContentBy Chew on This

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

17 ratings


More shows like Chew on This - Digestable DTC Content

View all
The Knowledge Project by Shane Parrish

The Knowledge Project

2,666 Listeners

The Foundr Podcast with Nathan Chan by Foundr Media

The Foundr Podcast with Nathan Chan

572 Listeners

Shopify Masters by Shopify

Shopify Masters

378 Listeners

Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

Marketing School - Digital Marketing and Online Marketing Tips

1,250 Listeners

Founders by David Senra

Founders

2,084 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,409 Listeners

My First Million by Hubspot Media

My First Million

2,641 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

351 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

202 Listeners

Limited Supply by Nik Sharma

Limited Supply

150 Listeners

First Things THRST by Mike Thurston

First Things THRST

91 Listeners

Build with Leila Hormozi by Leila Hormozi

Build with Leila Hormozi

919 Listeners

OPERATORS by OPERATORS

OPERATORS

48 Listeners

Moneywise by Hampton

Moneywise

651 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

220 Listeners