World Tea Expo 2017
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What Moves the Needle in Retail, What is True New Innovations & Trends
(
Room
N233
)
13 Jun 17
1:30 PM
-
2:30 PM
Tracks:
Tea Business Development
Speaker(s):
DAN BOLTON, EDITOR/COORDINATOR, MYSTIC MEDIA CUSTOM PUBLISHING
This topic that offers a much more realistic definition of product innovations with specifics on what tea products in the past few years have increased drinking occasions. The tea category is criticized for copy-cat blending and dated formats... recently a "tea in a spray can" was touted as innovative, but what is happening is minor changes in packaging and blends that are from building a broader base. True innovation like the "shaken tea" campaign at Starbucks that brought a 29% increase in Teavana iced tea sales and the first organic, fair trade green tea at Wendy's 6,000 locations along with the Argo Tea - Einstein Bagel - Caribou Coffee (tri-branded stores) are genuine innovations that have greatly increased tea consumption at the expense of cola and juices and to some extent coffee.... all positive news for the tea industry.
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