10 Tips for launching a food & drink brand

Launching a new food or drinks brand or adding a new product to an existing range is exciting but challenging.

Whether you are setting up a start-up business, hustling a side project, or introducing a new brand or product range to an existing business, it’s essential to have a clear value proposition and USP (unique selling proposition), a defined target audience, a robust business plan and identified your routes to market.

Here are my 10 Top Tips - well 11 tips in fact, for launching a food & drink business - or a business in any sector.

1. Work out your value proposition

How does your product make customers happy? What is the value you offer? You are unlikely to be launching something completely new and unheard of, but what is unique about what you do? 

Robert Breakwell of of Suffolk-based Niche Cocktails says:

“Know your market and competitors; what makes you different / better / relevant / what is your USP? What are you offering the consumer that no-one else is doing?”

2. Start with Why

Ok, so we’ve nicked this title from best-selling business guru Simon Sinek’s popular book. When you start to talk about your brand and product don’t just focus on WHAT you do, the product details like the taste, or HOW you do it - like your environmental measures, but WHY you do it. If you can clearly communicate why you exist, what’s your purpose or belief and why should anyone care, you will stand out from the crowd and build loyalty.

"If you believe in what you are doing so will everyone else.” says Breakwell.

3. Identify your target audience

As the old adage goes, if you are marketing to everyone, you are going to reach no-one! So be as specific as you can about what type of consumer you are trying to reach - whether it’s based on demographics (geography, gender, age) or their tastes, values and lifestyle. You can even create profiles of your typical customer to help build up their personality.

Robert Breakwell says: “Understand your consumer and focus everything on making your promise to them sincere.”

4. Create a business plan

You need to have a destination in mind and a plan of how to get there, how will you know where to start and how will you know if you’ve succeeded?

Think about the time and resources you need to launch your brand or product, what are all the steps, process and measures of success? It might be to sell a certain number of units or to launch in any number of stockists.

Alan Ridealgh, founder of Humber Doucy Brewery says “Have the best business plan you can create: think about the time and resources you need to build your business: do you need a space to create your product, equipment to make it, a website, packaging and marketing. Try and think of every element of your business from start to end.”

5. Ask for help in the right places

There is a huge amount of support out there for businesses of all sizes whether you are starting from scratch or a long-established. Look for what’s available regionally, your local Growth Hub is a good place to start and perhaps your region has a Food Innovation Centre.

6. Formulate a budget

How much is it going to cost you? What are the fixed costs or those that vary on how many units you are producing? Can you calculate a breakeven point - so you know how many units you have to sell to cover your costs? The reality is that the most common reason businesses fail is because they run out cash - so don’t forget your cashflow forecast.

"Have defined finance in place before starting and formulate a budget. Work how much it will be to set up, make your product and break even? How much can you charge and ensure you have the funding to ensure it survives.” Continues Alan Ridealgh, Humber Doucy Brewery.

7. Build a memorable brand

Your brand is far more than your name, your logo, your packaging, it’s about every connection that your customer has with you. Brand is what makes people remember you and why they will recommend you to their friends, so make it unique, genuine and consistent.

9. Identify your routes to market

Are you going to sell direct to your customers through a website or at events, or are you going to seek listings with independent retailers or aim high at supermarkets?

10. Tell the world

Social media is an amazing free resource to grow a community of fans. Focus on the right platform for your audience rather than spreading yourself to thin by being on all of them.

11. Work fast

Finally "Work fast – Being small gives you the opportunity to make decisions quickly and get there fast.” says Robert Breakwell.

Hospitality Mavericks Podcast interview

I’ve long been a fan of the podcast Hospitality Mavericks, so I was really excited to be asked by its host Michael Tingsager, to join him to chat about my work as an executive coach and running leadership development programmes.

We talk about the difference between leadership and management, how to build a strong, happy and engaged team, changing expectations of work life and just some of the challenges facing business leaders today.

I also share my own story of how I moved from hospitality and food & drink branding and communications to become a business coach, and how I build healthy routines and lots of exercise to look after myself.

You can listen to the podcast on all the usual podcast channels from Spotify, Apple, Google, Amazon and below on YouTube.

I highly recommend all the podcasts on Hospitality Mavericks!

Find them all here: Hospitality Mavericks >

Shift Your Perspective

Shift your perspective

Moments of high stress can warp your perception of reality, making you feel like the world is out to get you.

Our brains are hard-wired to sense threat and tend to overreact in stressful situations.

Changing perspective allows us to release thinking patterns that no longer serve us and to see the world through fresh eyes. 

What can you gain from looking at things another way?

Imagine you are a fly on the wall, or a bird in the sky - how would things look from up there?

HOW TO SHIFT YOUR PERSPECTIVE

• Stop and notice how you feel.

•  Accept that feeling, don't push it away.

• Create distance by naming it out loud or writing it down.

• Change your surroundings.

• Breathe

• Ask yourself how much this will matter in a month, what about a year?

• What are you grateful for?

• What would your wisest most supportive friend say about this?

• What's a different way to see it?

• Now move forward.

How to manage stress & build resilience

How do you deal with stress and build personal resilience?

Are things getting too much at work or at home, or juggling work and home life?

The first step is to be aware of when things are getting on top of you and stress levels are rising.

You might start feeling resentful, you might notice things are keeping you awake at night, or impact your mood more than they should. Do you find yourself complaining about things to family and friends? Have you tried asking for support or a change to find nothing improves?

When this happens it’s time to start to focus on your well-being.

What’s within your control?

You can’t control your emotions, but you can start to be aware of them and choose how to respond. If you’re under a lot of pressure, become aware of how much time and energy you spend worrying about things you can’t control. This will help you to reduce feelings of overwhelm or uselessness.

• What is within your control?

• What can you influence?

• Let go of the things that you can’t control or change.

Tips to manage stress At Work

1. Take breaks, even if it’s just for a walk around the block.

2. Remember to have fun. Laughter makes us feel good.

3. When you feel stressed, step away for a moment and focus on your breath.

4. Don’t be afraid to ask for help when things get too much. You don’t have to do it alone.

5. If it’s getting too much, is there someone you can talk to? If not your manager, a colleague, a partner, a friend?

Tips to look after yourself At home:

1. Make time to get outside - fresh air and sunlight are good for our health and our brains.

2. Find some form of exercise that you enjoy and can make a habit, it doesn’t have to be running a marathon, it could just be a short walk.

3. Build good bedtime routines to promote good sleep.

4. Make time for your friends and family, connecting with other people is vital to our wellbeing.

5. Just do NOTHING sometimes.

Is it time to review your purpose for the year ahead?

Is it time to review your purpose for the year ahead?
The Christmas holidays and the start of the New Year are a time when we all tend to think about what matters most to us, we reevaluate and set ourselves ambitions for the year ahead. 

As business leaders, it's a good time to do the same for our business, not least because this is a time when your employees often decide "New Year, New Job... and in this recruitment crisis you probably want them to stick with you.

A clearly articulated purpose achieves two things:

• Defines and clarifies your strategic objectives

• Inspires and motivates your team and gives meaning to what they do

Do you have a clearly defined purpose?

Putting man on the moon

There's a frequently quoted story (it may be apocryphal) about a cleaner at NASA being asked on a visit by President John F Kennedy what his job was. His answer: "I'm helping to put a man on the moon."

Why it matters

Studies have shown that companies with a well-articulated purpose have lower turnover rates and higher levels of employee engagement. They: Attract and retain the best people Boost productivity Improve morale and engagement

Reality... we're not there yet

According a 2019 survey of over 540 worldwide businesses by Strategy&, PWC:

• More than half weren’t even “somewhat” motivated, passionate, or excited about their job 

• 28% reported feeling fully connected to their company’s purpose. 

• 39% said they could clearly see the value they create, 

• 22% agreed that their jobs allow them to fully leverage their strengths 

• 34% thought they strongly contribute to their company’s success.

What goes wrong?

Too often purpose statements are generic, non-specific and lack authenticity, which leads to : a lack of direction, people feeling lost, disengaement and low motivation How can your team help your business to achieve its goals, if they don't know where they fit in?

Ask yourself

• Why do we exist? 

• What value are we giving our customers? 

• How and why are we unique? 

• Could someone differentiate our purpose from our competitors? 

• Could our team say what it is?

Live & Breathe it

Defining your purpose is just the beginning. If you can't live and breathe it, it's worthless. So make sure it's relevant, and achievable, and that you and your employees have the resources they need to deliver it.