Cynthia Tice, founder of Lily's Sweets, discusses the brand's national retail launch at Whole Foods Market in 2012.
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“It was the first Stevia sweetened chocolate bar, because remember, there were some maltitol chocolates at Whole Foods, but they were not performing well, and you know, they were regional rather than national.”
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More from Cynthia Tice
AssertionContradicted
Tice: Distrust of artificial sweeteners drove 2008 Coke and Pepsi diet slump
“So in 2008, Coke and Pepsi were experiencing this enormous downturn of diet beverages. And it was really due to the fact that there was enormous consumer distrust of artificial sweeteners.”
Tice: High doses of stevia cause a bitter, licorice-like aftertaste
“Stevia, especially when you're using enough to really sweeten something, has You know, has terrible aftertaste, and you know, has like this almost like a licorice flavor, and it just, it was terrible.”
Cynthia Tice: Product Innovations Should Stand Alone Without Novel Flavors
“You know, my belief is that when you have an innovation, the innovation should stand on its own, and you shouldn't innovate with flavors outside of The innovation itself.”
Tice: Founders must communicate desired post-acquisition roles to new partners
“And I really, really encourage any founder to spend some time developing your own thoughts and communicating that effectively to your next set of partners. You know, the old paradigm is that you have to sort of wipe out the old team, but that's an old paradigm…”
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