Liquid Death

20 statements across 1 episodes · 4 bullish · 4 bearish · 1 people on the record · first statement Jan 20, 2023 by Mike Cessario · said 52 times in 4 episodes since 2023 · across every show →

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brought up most by Harry Stebbings (31), Mike Cessario (17), Zaria Parvez (3), Simon Squibb (1)

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Everything said about Liquid Death, oldest first

Jan 20, 2023
Insight
Weak marketing ideas require expensive production value to capture audience attention
“When you have a really good idea, you could film it with an iPhone sometimes, and it'll actually still be good. But when you have an idea that's not very good, you have to start throwing all this production value at it to have something that people care about,…”
Mike Cessario Jan 20, 2023 ▶ 45:30 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023
What-if
A standard Tony Hawk trick video would have generated zero social engagement
“If we would have just posted a video of Tony Hawk doing a crazy skate trick, it would have gotten no engagement on our social, but we found a funny way to use him where we take his blood and mix it into ink that we printed limited edition skateboards with and …”
Mike Cessario Jan 20, 2023 ▶ 55:30 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023
What-if
Cessario regrets not hiring a retail industry expert much earlier
“Had we, you know, been able to see the future and known, hey, we would have brought a retail person on way earlier to help us navigate this space that, that definitely would have been something we did.”
Mike Cessario Jan 20, 2023 ▶ 24:02 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023
Insight
Junk food dominates fun marketing while healthy products target older demographics
“All the junk food does all the fun marketing. Healthy stuff is very quiet. You know, they more market to like an older demographic. They don't do anything fun”
Mike Cessario Jan 20, 2023 ▶ 4:05 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023
Assertion Not checkable as stated
Liquid Death spent only $100,000 producing its Super Bowl commercial
“Even the Superbowl commercial that we did, that was the beer commercial with the kids. I think all in, we spent a hundred grand on that commercial when other companies are spending millions of dollars.”
Mike Cessario Jan 20, 2023 ▶ 44:31 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023 negative
Assertion Not checkable as stated
Beverage competitors sabotage rivals by peeling inventory stickers off stockroom cases
“Beverage competitors were coming and pulling those stickers off their competitors' cases, so when the guy came over to try to scan it, he couldn't scan it. He's got a lot of shit to do. He's not gonna go all the way to the back and go print out new stuff. He's…”
Mike Cessario Jan 20, 2023 ▶ 48:19 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023 neutral
Insight
Beverage startups are highly capital intensive and require massive scale for profitability
“You're almost constantly raising as a startup, especially in beverage that's very capital intensive. It's like, you have to get to a certain level before A beverage company can become profitable unless you're selling a nine dollar can of something that's got 8…”
Mike Cessario Jan 20, 2023 ▶ 59:22 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023
Disclosure
Liquid Death structures its marketing department like Saturday Night Live
“We think about our marketing team more like we are Saturday Night Live. You know, like, Saturday Night Live has a group of professional writers, comedians, who are writing these funny skits day in and day out. They have celebrity guests that come in. You have …”
Mike Cessario Jan 20, 2023 ▶ 41:41 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023 bullish
Prediction Open · timeframe Jan 2028
Liquid Death aims to become a multi-billion dollar beverage-entertainment hybrid
“I like to think that we're, you know, Not that far off from what you see in a brand like Monster or Red Bull, you know, just a, you know, much bigger brand known for sort of blurring the lines between being an entertainment company and a beverage brand. Like, …”
Mike Cessario Jan 20, 2023 ▶ 1:00:48 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023 positive
Assertion Not publicly verifiable
Liquid Death shifted its marketing from a Netflix to an HBO model
“We've Kind of dramatically changed our approach to content and not to slander either of these two companies. It's just two different strategies. Moving more from the Netflix approach to the HBO approach”
Mike Cessario Jan 20, 2023 ▶ 51:38 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023
Disclosure
Liquid Death had to pay to escape terrible early distributor contracts
“We got into bad distributor contracts in the early days where it was like, you sign these contracts with these distributors. They're terrible distributors. And literally there's no way to get out of them unless you have to pay them to get out.”
Mike Cessario Jan 20, 2023 ▶ 23:22 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023
Assertion Supported
Liquid Death surpassed Aquafina's social following in just four months
“In four months, we have more social followers than Awkwafina.”
Mike Cessario Jan 20, 2023 ▶ 6:38 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023 negative
What-if
Liquid Death would never have survived a Coca-Cola focus group
“Like Liquid Death would have never made it through a focus group at Coca-Cola.”
Mike Cessario Jan 20, 2023 ▶ 27:17 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023 positive
Insight
Brand identity is a CPG startup's only true defensible moat
“But the brand is what you can truly own, and that really is your moat, more so than most brands think it is. They think their moat is an ingredient, or they think it's something else. It's not really. It's like anybody can replicate your formula It's your bran…”
Mike Cessario Jan 20, 2023 ▶ 27:41 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023
Assertion Not checkable as stated
Liquid Death spent only $10,000 shooting its viral Tony Hawk blood campaign
“To film him taking blood and showing us silk screening skateboards, that cost like 10,000 dollars to shoot that.”
Mike Cessario Jan 20, 2023 ▶ 55:48 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023 positive
Insight
Truly beloved brands must accept being deeply hated by other consumers
“Like, I always say, it's like, if you, if there are people who truly love something, there has to be people who truly hate it. It is not possible to make something that Everybody loves. All it's possible is to make something that everybody doesn't really give …”
Mike Cessario Jan 20, 2023 ▶ 22:23 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023 negative
Insight
Irrational fear of fringe social media outrage forces brands into boring marketing
“And then I think the other part of it is the current state of social media. The fact that if one person doesn't like your commercial, they can go make a bunch of noise on your brand social page about it, and now the brand is like, oh, two people said they hate…”
Mike Cessario Jan 20, 2023 ▶ 34:10 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023
Insight
Small social media content often consumes as many resources as major campaigns
“The reality is doing a little thing often takes as much time and headache and even budget sometimes is a big thing. And it's like, you have all these things to manage and it's sucking everybody's time up and You know, by design, most of it's not going to be li…”
Mike Cessario Jan 20, 2023 ▶ 52:38 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023 negative
Insight
Over-reliance on data testing is destroying modern advertising creativity
“I think a big part of it, and this is, you know, a guess, is the current, two things, the current state of data. People are trying to make too many decisions based on data, rather than insight of what's funny. It used to be like people in an agency were saying…”
Mike Cessario Jan 20, 2023 ▶ 33:05 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
Jan 20, 2023
Insight
CPG branding fails in retail without dedicated in-store merchandising teams
“The marketing and brand makes people love the product, but that's just the beginning. Then it's like when you're in the store, when a store orders product, oh, we need more liquid debt. They order liquid debt. A distributor comes, drops cases off in the back o…”
Mike Cessario Jan 20, 2023 ▶ 47:17 Liquid Death CEO Mike Cessario: How I Turned Canned Water to a $700M Company | E968 · 20VC with Harry Stebbings
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