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LifeAID Beverage Co. is securing a foothold in a saturated market with avocation-based supplement drinks.
By: Jeremy Kerstetter
September 28, 2015
LifeAID Beverage Co., founded in 2011, develops high-performance drinks for athletes, partiers, and everyone in-between, delivering specialized formulations designed to replenish the essential nutrients that may be needed for corresponding activities. Within the already saturated energy drink market, LifeAID is working to define itself as the beverage of choice for individuals with specific lifestyles, where each lifestyle requires its own drink formulation. “If you look at most traditional companies, what they’ve done is taken a product and repurposed the same product for different markets. Take energy drinks for example, an energy drink brand may have anywhere from six SKUs (like a Red Bull) to 25 SKUs (like a Monster or Rockstar), but it is still the same core product,” stated Aaron Hinde, CEO, LifeAID. Design By Avocation According to Mr. Hinde, LifeAID differentiates itself from companies that do market the same core product through a strategy of design by avocation, tapping into the vein that intersects customization and lifestyle. This is a trend that, Mr. Hinde stated, is not solely confined to the beverage industry, but is rather easily identifiable in all consumer-based areas of life; people want customized products for their unique lifestyles. “What we’ve done, instead of taking the same product and marketing it to different industries, we’ve taken unique formulations of targeted, effective supplements— based on the needs of that particular avocation—and provided that to them in a contemporary, chic way that’s congruent with their lifestyle, is very refreshing, and tasty,” Mr. Hinde stated. Acknowledging the challenge this presents for marketing—raising brand awareness for multiple products in specific, unique niches—Mr. Hinde stated that the objective is to become synonymous with quality across the product line. LifeAID wants to be the first name a consumer thinks of when they consider what beverage will best suit their lifestyle needs, and by “going deep” in its specialty distribution channels, LifeAID will reinforce its position as a top quality provider of beverages for those selected avocations. But how does it simultaneously, cost-effectively, and successfully market multiple products all with differing core ingredients to specific markets? Through effective advertising of its core brand, FitAID, the goal is to build awareness to the point where any consumer will be able to recognize the brand and its quality, and automatically be willing to give it a try. In other words, FitAID is striving to create a loyal customer base that will see value in the other avocation-based, line extensions and thereby spread awareness through personal use, or endorsement, of those lines. Concerning advertisement of the actual ingredients, Mr. Hinde does not believe this to be necessary because individuals in different avocations already largely know which nutrients benefit them and which do not. “Everybody within a particular community knows what is effective for their particular activity,” stated Mr. Hinde. In addition, “the product names are fairly self-explanatory,” he added. One needs only to look at the product name to deduce what activity it supports. Optimized Nutraceutical Formulations Regarding product development, the team at LifeAID requires inside knowledge so as to include the best ingredients in formulations for optimum nutritional value. After all, this is the critical aspect of what differentiates LifeAID from other brands—“doctor-developed,” “optimized nutraceutical formulations,” as described by the company’s website. LifeAID caters its formulations to specific, recreational passions. “Having intimate knowledge of the particular activity or avocation and knowing what is important to the participants in that particular community is what drives the formulations of our products,” said Mr. Hinde. For example, the flagship product, GolferAID, as its name implies, is specially designed for individuals who play golf. To know what that entails, supplement-wise, Mr. Hinde taps into his own first-hand knowledge base as a sports chiropractor with a nutrition background. He also consults professionals in the golf community, players and trainers, LifeAID’s in-house PhD chemist, and two food chemists. “Typically, we consult with professionals within the communities, brainstorm to figure out what their current routines are, getting an extensive list on what people are already doing. Then researching, on my end, what is effective, what is snake oil, what are effective doses, and that type of thing,” explained Mr. Hinde. At this point, Mr. Hinde writes the preliminary formulations and the collaboration process begins. To create a successful golf recovery drink, for instance, the GolferAID beverage features a proprietary blend (635 mg) of supplements such as:
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