Alcohol Brands

topic on 2 shows · 4 statements across 2 episodes

My First Million WTF is with Nikhil Kamath

4 statements about Alcohol Brands, every show

WTF Insight
Khaitan: New Alcohol Startups Need 70-80% Gross Margins to Survive
“For any newcomer you have to, your gross profit has to be high. It has to be 70 to 80%, else you'll fail. If you try to compete with the masses, big boys will take you.”
Abhishek Khaitan Jul 3, 2024 ▶ 1:51:06 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
WTF Assertion Supported
Suri: Alcohol brands cannot legally market their own event content online
“Legally event, alcohol brands in India, they cannot do their own events. They can do their own events, but they cannot market the content legally online post doing an event.”
Shuchir Suri Jul 3, 2024 ▶ 2:07:47 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
WTF Insight
Shenoy: Indian alcobev brands mask poor retention through rapid geographic expansion
“So by the time you go to Thana and you're going to the suburbs and everything, you're still growing because you're doing primary sales, but your original core consumers doesn't come back to you repeat. This, you start going from Thana now to Nasik, from Nasik …”
Suraj Shenoy Jul 3, 2024 ▶ 2:30:51 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Sam Parr: Alcohol is the ultimate celebrity business due to recurring margins.
“I think alcohol is the best one because you can charge 50 dollars for a bottle of a certain type of alcohol. And there's a chance that someone will want to buy that many times a month.”
Sam Parr Aug 18, 2021 ▶ 32:38 How Celebrities Have Made Billions off Their Names | My First Million #210

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