(source: liquiddeath.com/pages/manifesto)
Liquid Death lives up to its bold name with a daring approach to marketing that has shaken up the beverage industry. With taglines like “Murder Your Thirst” and “Death To Plastic,” the brand sets itself apart with a non-traditional, fearless image. The company’s mission is to encourage people to drink healthier beverages more often and to reduce plastic pollution by using aluminum cans instead of plastic bottles.
Liquid Death first made waves by canned water. Since then, they’ve significantly expanded their product line to meet diverse consumer needs. Liquid Death now offers four main product lines: Mountain Water, Flavored Sparkling Water, Iced Tea, and (Electrolyte) Death Dust.
Liquid Death products are widely available through various channels like Amazon, GoPuff, Uber Eats, and DoorDash, as well as in offline stores like Whole Foods Market, Walmart, Target, Kroger, Food Lion and 7-Eleven. The Liquid Death Sparkling Variety 12oz 24-pack is being supplied exclusively at Costco. If needed, please check the “Where to Buy” or “Costco12oz” section on the Liquid Death website.
Liquid Death catches attention with its strong brand identity and environmental consciousness. Here are a few reasons why it’s so popular:
The U.S. bottled water market is growing rapidly, driven by increased consumer interest in health and wellness. There is a high demand for purified and functional waters (like those with added vitamins and minerals). This growth provides a solid foundation for innovative brands like Liquid Death to succeed.
In 2023, Liquid Death reported $263 million in retail sales. The company has seen triple-digit growth for three consecutive years, according to a RETAIL DIVE article. However, a Forbes article from early 2023 noted that the company was not yet profitable.
Liquid Death closed a $67 million financing round, valuing the company at $1.4 billion. The funds will be used to expand distribution nationally to meet demand and accelerate product innovation.
Liquid Death is seen as a company with high growth potential. They are preparing for an IPO with the help of Goldman Sachs, aiming to raise more capital and strengthen their market position. Last year, they said they were preparing for an IPO this spring, but there has been no news yet.
Recently they appointed Stephen Ballard, former executive at White Claw, as Chief Commercial Officer to oversee field sales, distribution, national accounts, and international expansion.
Currently, Liquid Death remains a private company, so we will have to wait for their IPO. Accredited investors might be able to purchase pre-IPO shares on platforms like EquityZen or Forge Global.
Keep an eye on this innovative brand as it continues to shake up the beverage industry until the day it goes public!
*References: LiquidDeath, Forbes, RetailDive , TheMotleyFool
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