The non-alcoholic beverage industry should target the 93% of purchasers who still drink alcohol occasionally, rather than focusing primarily on the 7% of 'militant sober' consumers, as this represents the larger market opportunity for premium non-alcoholic cocktail options.
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93% of Non-Alcoholic Buyers Still Drink AlcoholAdded:
The militant sober people who are driving this industry, a lot of them haven't had a drink in in an incredibly long time. And I'm not saying that's bad. I'm saying that's good, but I don't [music] think they're necessarily the right people to be judging what a what a drinker is looking for in A&A. And 93% [music] of the people purchasing A&A still drink alcohol. So, in my opinion, I'd like to market to the 93% over the 7%. [music] Would I like 100%? Sure. But you can't make everybody happy. And if I have to choose, I'm choosing 93% >> Yeah, absolutely. You're like, [laughter] I'm pretty good at math. Sounds >> mean, I'm I'm no math whiz, but that's just basic economics. My goal is you and I walk into a bar, you drink, I don't, and we look at a cocktail menu, and right alongside all the beautiful specialty alcoholic cocktails, [music] there are equally beautiful specialty non-alcoholic premium cocktails. I order what mine, and you order yours, and we say cheers, and we go on with our night.
And nobody had to have that conversation, cuz it's not even worth talking about.
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