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No Assumptions
High Energy Holdings Proposes Unique Potential in p.i.n.k.
As the spirits industry floods the market with more product
entries than on-premise buyers can process with their mental SPAM
filters, it can get a mite tough to tell the gimmicks from the
goldmines.
It’s tough enough to keep track of all the vodka labels turning up
every week, as well as all the energy products out there. On-premise
operators tend to relegate anything with the word “energy” attached as
being purely youth-oriented and anything with the “ultra-premium” tag
as more fitting for monied, more mature patrons.
But peeking its head out of the glut, p.i.n.k. vodka — by means of
a mixture of taking the time to put thought into its product combined
with good ol’ fate and market surprise — has managed to spark the
interest of multiple demographics. And lest its aim at a dynamic
audience be misconstrued as an attempt to be all things to everyone, in
fact, the brand’s owner High Energy Holdings is putting p.i.n.k. out
there selectively.
So What?
“Don’t make any assumptions about p.i.n.k. and who will drink it,”
says David Mandell, president and CEO of the company. “That’s what
we’ve learned. May 1 was our 1-year anniversary, and we’ve realized
that the potential for what we’ve created is enormous.”
p.i.n.k. lays claim to being the first ultra-premium vodka infused
with caffeine and guarana. If the first question is, “So what? Why not
just mix another vodka with an energy drink,” p.i.n.k.’s very strategy
and positioning are ready with the answer.
“We’ve created a product that not only has tremendous appeal to the
21- to 35-year-old market, but some of our biggest growth is in the
35-50 and older category,” Mandell says. “We are covering the entire
landscape. If you look at p.i.n.k. and its image, it’s a fashionable,
sexy product with a gorgeous package. We do all the high-end events in
New York, L.A., San Francisco, Vegas and soon in Miami. It’s a product
that is crossing all age ranges and demographics.”
Something for Everyone
For the 20-somethings who perhaps are not as enamored of the brunch
scene, p.i.nk. also is engineered to be “the perfect enhancement for an
energy drinks,” Mandell says. “If you do a lot of energy drink
business, great. We love working with Red Bull and energy drink
companies. We’re allowing you to make money in a way that is expanding
that. The product is ultra-premium. Our formula has caffeine and
guarana, which is an all-natural herbal stimulant.
“p.i.n.k. doesn’t have a lot of other additives in it,” Mandell
says “Some of the copycats do (have additives). The product is not
overly powerful. It is designed to create a pleasurable drinking
experience for the consumer.”
That experience, Mandell says, is the link between the youger set
and the Baby Boomers, the latter being “a generation that in many ways
wants to experience the benefits of the caffeine and guarana even more
than the younger generation,” Mandell says.
“If you’re out on the golf course, and you’re going to have your
Martini at lunch before you go to the back nine, you should make it a
p.i.n.k. Martini. We’re doing partnerships with golf courses and
country clubs, and it’s exciting to see the brand grow in markets in
which we didn’t initially think it would.
A Different Opportunity
“What we are offering the bar, the restaurant and the nightclub is
a way to make money that no other product can provide,” Mandell says.
“Because we’re ultra-premium, you can now have your brunch cocktails
and your dessert cocktails. You can have your energy Martini. p.i.n.k.
is in the finest restaurants and nightclubs, where we are producing
brunch cocktail menus, dessert cocktail menus, late-night alternatives.
You can really transform the menu of the restaurant or nightclub in a
way that makes them very profitable.
“We have created an entirely new category of spirits, and vodka is the first entry.”
Also slated from High Energy Holdings in the next 12 months are a tequila, a white rum, a gin and a sake.
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