Episode Spotlight
As entrepreneurs, we get a thrill out of discovering unique
applications for established products, identifying novel opportunities,
and taking risks to turn these revelations into a reality. We
frequently find ourselves wondering, “Why can’t I do this?” or “This
product would be much better if…”
Jason Kane and Larry
Davenport were consumed by these thoughts and sooner than later found
themselves venturing down the path of entrepreneurship. After working
a decade for the company that created Mike’s Hard Lemonade, they were
determined to create their own buzzing brand. They began inspiriting
this product category in 1999 with their energized vodka juice product
– Glacier Bay. Five years later, they envisioned yet another
multi-million dollar brand, one that resonated with women – Cocktails
by Jenn. In 2005, they sold Cocktails by Jenn to Barton Brands, which
enabled the brand to extend its US sales, marketing and distribution.
Tune
in to discover how Jason and Larry revitalized an exhausted product
category with two fresh multi-million dollar brands, learn successful
strategies for expanding distribution, and get invigorated by their key
moves for success: Create a New Product in a Tired Product Category
Selected Q&A transcripts from call-in questions on StartupNation Radio
Q&A - Overcoming the fear of starting a business
Q&A -Distinguishing yourself from the pack in online commerce
Q&A - The effects of sales discounts in the long-term
Q&A - A little PR inspiration
About
Jason Kane and Larry Davenport
Based
in Danville, California, Jason and Larry founded Cocktails by Jenn in
October 2004. The brand was created to be a fun and fashionable
beverage targeted specifically to women, representing the bond
girlfriends share while embracing the friendship and fulfillment these
relationships bring.