Consumer Packaged Goods & Retail • Product Line Extension
Premium Beverage Launch
Medium4 questions
DailyBeverage has $500M revenue from mainstream products (sodas, juices, declining 2% annually). Management wants to launch premium health-focused line (plant-based, functional, priced 3x mainstream). Challenge: Product development timeline, new distribution channels, and cannibalization risk.
Client Ask: Should DailyBeverage launch a premium health-focused product line? How should they approach it?