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Good morning,
Happy birthday to Google! The tech giant turns 26 today. 🎂
When the company was founded in 1998, its search algorithm was relatively simple. Now, Google considers hundreds of different ranking factors and recently introduced AI Overviews earlier this year.
Here’s what you’ll find in today’s DTC:
🥣 Why Tupperware’s lack of product innovation and differentiation in a competitive market led to its bankruptcy.
🍸 Funkin Cocktails rebrands their Double Shot line so their drinks appear more premium and gender-neutral.
✍️ And…hold on a second, are you suffering from shiny channel syndrome?
You’re reading this newsletter along with new subscribers from: Learn Greenhouse, Tealeaves, and Smartrr. 👋
💸 Is Your Business at Risk This BFCM? Find Out What to Look Out For And Protect Your Profits
BFCM is the peak season for DTC brands.
Unfortunately, it's also the peak season for fraudsters. 🫢
You spend a lot of time perfecting conversion strategies for BFCM, but if you’re not prioritizing fraud protection as well, you’re leaving your business vulnerable.
Mastercard reported a 35% increase in ecommerce fraud during last year's BFCM period and a total yearly loss of $48 billion. Yikes. 😬
This year, it’s vital to prepare ahead of time to keep your business from being put at risk. 🛡️
Chargeflow is ready with the research to help you understand the risks and stay protected, step by step. The Ultimate Fraud Prevention Checklist for BFCM is here to ensure your business is primed to protect its bottom-line profit.
Stay safe this BCFM.
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🥣 The Rise and Fall of Tupperware
The iconic 78-year-old brand surprised the public last week when they filed for Chapter 11 bankruptcy after suffering financial woes.
Once a leader in the food storage space, Tupperware admitted that although they were a household name, it failed to stand out against today’s competitors.
So, how did it lose relevance?
How it all started 👇
When Tupperware debuted in 1946, they revolutionized the food storage space with their lineup, launching the best-selling Wonderlier Bowl featuring an airtight seal.
In the 1950s, the Tupperware brand became more well-recognized when they introduced the Tupperware Home Party system.
Using a direct sales approach, women were recruited to sell Tupperware products through social gatherings dubbed Tupperware parties, and the company’s growth skyrocketed. 📈
The problem 😞
But while the brand name was well known, it also became synonymous with any food storage item.
There was no clear point of differentiation between their colorful containers and their competitors.
Their air-tight seal, which was originally seen ahead of its time, was now a basic feature for any brand in the ultra-competitive food storage space.
Here’s 3 other reasons why Tupperware failed:
This made Tupperware’s products seem outdated and at odds with customer needs.
Tupperware launched an ecommerce site in 1999 but was adamant that selling online would not replace their traditional core selling method.
During COVID, the cost of raw materials like plastic resin skyrocketed, contributing to their mounting debts.
The takeaway?
Failing to innovate in your category can be detrimental to your success.
Tupperware’s decline shows how important brand building and product innovation are when it comes to staying relevant and competitive in your niche.
💥 Knowledge Is Power This BCFM. Get Ready to Smash Records and Supercharge Your Q4 With This Secret Weapon
Black Friday’s about to smash $10 billion in sales for the first time ever, and let’s be real—you’re probably not ready. But don’t freak out. 😜
Northbeam's got your back.
On October 1st, 1:00 PM EST, join Northbeam's Director of Growth, Bryan Bumgardner, and Senior Media Strategist, Brayden Cruz as they spill exclusive data, industry benchmarks, and strategies to make sure you’re ready to OWN Q4. 🔥
It’s not just a webinar; it’s your secret weapon.
Already stoked and wanna chat about it now? Grab some time here, and they'll spill everything. 👏
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🍸 Funkin Cocktails Debuts Gender Neutral Packaging
Funkin Cocktails just made a big packaging change to their Double Shot range just in time for their 25th anniversary.
Previously, Funkin’s packaging was bright and colorful, featuring playful fruit and flavor icons that appealed to a younger audience.
👉 This vibrant design aligned with trends favoring bold colors and eye-catching illustrations.
The new branding, however, adopts muted neutral colors with no icons, creating a more refined and gender-inclusive look.
Ben Anderson, the Marketing Director at Funkin Cocktails, explains, “We’ve created a premium, gender-neutral look that appeals to those who value quality and sophistication in their drinks.”
This shift seems designed to attract an older market, positioning Double Shot as a premium product. While the simpler design offers a sleek update, it contrasts with the vibrant style that initially drew a younger crowd.
Here are the design tweaks they made:
Prominent badge: One of the biggest design changes they made is to include a 14% ABV label to highlight the bar-quality strength of their canned cocktails so customers can replicate the cocktail experience at home.
Bigger and bolder font: The new sleek black packaging gets rid of their visual icons so they can display the product name, alcohol content, and flavor more prominently.
The verdict?
We have mixed feelings about this rebrand.
Overall, Funkin’s rebranding decision is a bold move towards greater inclusivity and a more mature market. If the new design is limited to the Double Shot variant, it allows for segmentation within their product line.
However, if the new muted design is extended to all their offerings, Funkin will need to strike a careful balance between sophistication and the playful identity that has been a key part of their brand’s appeal.
🌐 IN THE SOCIAL SPHERE
Do you suffer from shiny channel syndrome? 🤔
It’s easy to get caught up in wanting to test out a buzzy new platform but determine if it's worth it first before going all in.
Set goals and determine if the channel can benefit your business before allocating resources.
📥 Got a B2B Biz?
Join dozens of B2B companies finding demand-gen success through our niche community of 160k brand leaders and founders this year. Talk to our team to learn more.
Have you heard our latest podcasts?
Don’t forget to rate the DTC Podcast on Apple (⭐️⭐️⭐️⭐️⭐️)
DTC Newsletter is written by Rebecca Knight and Frances Du. Edited by Eric Dyck.
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