Tag: Tea

  • Best Tea Marketing Strategies and Ideas: Effective Tea Promotion Tips to Grow Your Tea Business

    Marketing can be difficult. However, it’s really not something to stress about when you’re a new business owner. All it requires is time, effort, and a lot of research.

    When you’re getting started you should simply focus on solid strategies that will work versus trying a bunch of things and hoping for one to stick. In addition, it’s easy to get overwhelmed by all the marketing advice out there from people who don’t own a business.

    This is why I wanted to put together this blog post for those who are in the tea business (growing or small) and have no idea what they should be doing or where to start.

    In today’s article, I’m sharing 17 tea business marketing tactics that will get you the most sales and help you grow your business successfully.

    Let’s get started.

    Best Ways to Market Your Tea Business
    1. Develop a Brand Identity, Not Just A Logo
    2. Create a Strong Business Plan
    3. Brand Marketing
    4. Examine Your Competition
    5. Offer Free Samples to Coffee Shops and Yoga Studios
    6. Setup a Stall at Trade Shows And Expos
    7. Make an Appealing Website for Your Tea Business
    8. Make Your Tea Business’ Website Mobile-Friendly
    9. Run Ads for Your Tea Business on Ecommerce Sites
    10. Start A Blog About Your Tea Business
    11. Offer Limited Edition & Exotic Teas
    12. Start an Affiliate Program to Promote Your Products
    13. Get Listed on Amazon and Other Marketplaces
    14. Conduct Customer Surveys
    15. Indulge in Email Marketing
    16. Connect with Tea Enthusiasts
    17. Promote Your Tea Business on Social Media
    18. Packaging, Style, and Accessories

    How to Promote Tea Business

    Best Ways to Market Your Tea Business

    Value of the Global Tea Market from 2018 to 2025
    Value of the Global Tea Market from 2018 to 2025

    The following are the top seventeen ways in which you can market your tea business and generate more sales:

    What makes a strong brand? A strong brand identity. Brand identity is what gives your business an image, a voice, and an actionable strategy for connecting with your audience. It’s what separates you from the competition.

    I always say that if you want to get more customers, you need to start with a solid brand identity. Everyone wants to work on the logo, but they forget that they need an entire company identity before they build their site and then start building their brand (because why would your potential clients be talking about your brand if there are a ton of other brands just like yours?).

    Have you ever heard the phrase, “Something is only worth as much as someone is willing to pay for it?” It’s true. People pay a lot of money for famous brands. A brand can be a logo, a name, and everything in between. The foundation for building a brand is your identity. Having a good logo won’t mean anything if your audience has no idea who you are so you should focus on creating a solid brand identity to market your tea business.

    2. Create a Strong Business Plan

    You want to succeed in your business, but there are lots of people out there willing to help themselves to your profits. I see two things stopping you from succeeding: a weak business plan and a lack of tea knowledge.

    Some people are so focused on the marketing part of their tea business that they forget about how important a strong business plan is for any business. If you don’t have an idea of how much money you want to make, how you’re going to make it, and what your long-term goals are it’s tough to get in the game.

    A well-written business plan can help ensure your success with every startup. It outlines your goals, establishes short-term as well as long-term targets, and ultimately serves as an ongoing tool to assess your growth. It also highlights weaknesses that could be detrimental to the success of your venture.


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    3. Brand Marketing

    You picked your name, got some business cards, and made a logo and a website. Congratulations, you’re a “real” company! Now it’s time to market that brand.

    When someone visits a tea company’s website, they are looking to learn about the company. Many people will read testimonials and reviews to find out whether they are going to walk into a good situation when they visit the tea shop or if they should avoid the business. There is nothing wrong with promoting your current business on your website. It is important that you are transparent in all of your communications with a visitor.

    4. Examine Your Competition

    You have a great product, but what else does your competition offer?

    You’ve probably heard it time and time again, “Know your competition”. If you’re not looking at what your competition is doing then how are you going to beat them? Every business owner strives for their own unique selling proposition but you also have to ensure that something still makes you stand out from your competitors.

    By checking out the competition, you can find out more about your industry, discover trends, and identify some sweet marketing opportunities.

    5. Offer Free Samples to Coffee Shops and Yoga Studios

    When it comes to marketing your tea business, you need to think creatively. So many businesses try the same strategies and rarely see any growth in their sales or brand awareness.

    Offering free samples can be a great way to get your tea business in front of people. When people try free samples and like them, there is a high percentage of chances that they will buy that product. By offering free samples, you can earn long-term customers for your tea business. So start talking with your local shops and give them free samples for your business’ marketing.

    6. Setup a Stall at Trade Shows And Expos

    Most people make the mistake of not taking advantage of a captive audience. Since Indian consumers love to enjoy tea from stalls, you can take your tea cart to the mall or festivals. Also, you could find local stores that would let you set up a little shop on the sidewalk in front of their business. The point is your customers will remember you once they try your tea in person.

    Tea Production in India
    Tea Production in India

    7. Make an Appealing Website for Your Tea Business

    A good website can make all the difference for a tea business. It’s one of the first places people will search for your products and read about what you do. Even when people are not buying from you, your website still remains a source that they can visit to get the information they want or need. If you want to sell more teas, you need a good‐looking, functional website that will turn visitors into sales. The key is to think of ways that a customer can immediately contact you, find out if you offer their favourite flavour, or discover new ways they can use your products.

    8. Make Your Tea Business’ Website Mobile-Friendly

    The average person checks his or her smartphone almost 150 times a day. That’s over 9,000 times per month. Think about it, fans and customers are looking for your business every time they grab their phone as it vibrates in their purse or pocket.

    Lots of people are shopping on the go. Mobile devices are often their first choice when they’re looking for a product or service to buy. But don’t confuse mobile marketing with mobile-friendly websites. Mobile-friendly websites will work for any device, not just ones that use smart technology. Thus, another great way to promote your tea business is to make your website mobile-friendly and if possible have a mobile app too.


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    9. Run Ads for Your Tea Business on Ecommerce Sites

    This is also one of the best ways to market your tea business and generate more sales. Running online ads can be a very effective form of paid marketing. When used correctly, eCommerce ads are a way to drive sales to your store and generate more traffic in the process. There are plenty of ways you can use ads on eCommerce sites to get the most out of them.

    10. Start A Blog About Your Tea Business

    Another amazing and popular way to market your tea business is to start a blog. You can write about things like how to brew the perfect cup of tea, why your tea blends are unique, etc. In this way, you will be able to reach a larger audience and develop a connection with them.


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    11. Offer Limited Edition & Exotic Teas

    If you love tea as much as we do, then you probably know that there are many different types of tea like green, white, black and oolong to rooibos, mate, pu-erh, and many more. You may also know that the world of tea extends beyond the typical options found in most grocery stores. There are many other varieties that are harder to find in your local market but can be uncovered by visiting a tea shop that deals in specialities or you can also look for them online. So, another great way to market your tea business is to offer some limited edition and exotic teas.

    12. Start an Affiliate Program to Promote Your Products

    Some of these strategies might sound familiar, but that’s because some aspects of the business have stayed the same over time. Affiliate marketing is an old strategy which you can implement to market your tea business and generate more sales.

    It’s no secret that social media can be a great way to promote products, but it’s not all about the likes. Creating an affiliate program is a fantastic way to get people to promote your stuff all over the web.

    13. Get Listed on Amazon and Other Marketplaces

    Amazon and other marketplaces are a great way to expand your tea business. Being able to list your products on the largest search engine in the world will mean you get more exposure, more sales, and more customers willing to buy from you.

    14. Conduct Customer Surveys

    Customer surveys are one of the most important tools to understand your customers and also improve your business. A survey helps you find out what your customers think about your products or services, what they’d like to see from you, and what they would want you to improve on. This will help you come up with a strategy to meet their needs better and retain them as loyal customers in future. There are different types of surveys that you can create depending on your business needs. This way you will be able to understand your customers better which in turn will help you to market your tea business better.

    15. Indulge in Email Marketing

    The email channel is still the most used for marketing and customer communication. Driven by customer preferences, this remains one of the cornerstones of any B2C or B2B initiative within a company’s marketing program. Therefore, it is wise to indulge in email marketing when it comes to marketing your tea business.


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    16. Connect with Tea Enthusiasts

    Another great way to market your tea business is to connect with tea enthusiasts. These people will not only be interested in becoming your loyal customers but will also help you gain new ones. With blogs, social media and a number of tea forums out there, it’s easier than ever to get in touch with your target audience and come up with possible leads.

    17. Promote Your Tea Business on Social Media

    Tea Trunk - Tea Business Account on Instagram | Tea marketing Strategy
    Tea Trunk – Tea Business Account on Instagram | Tea Marketing Strategy

    Gone are the days when your business was only advertised on the radio and TV. Now, social media channels have become the new marketing buzz when it comes to advertising a tea business and helping to spread awareness about your products.

    Social media is not just a space where people post selfies and share photos of their cats anymore. Now, more than ever, social media is a platform for businesses to reach an audience and promote their products.
    Social media has revolutionized how companies advertise and market their products. Today, you can use social media as an effective tool to build your brand, drive sales, and increase awareness about your company or product. These websites are a great way for small businesses to reach new audiences and promote their company with little cost or effort required.

    There are a lot of popular social media platforms such as Facebook, Instagram, Twitter and Youtube. These sites give businesses access to billions of potential customers and allow them to reach those people in an extremely cost-effective manner.

    Read on to discover how you can use social media to promote your tea business and give your marketing efforts a boost!

    • Take advantage of Instagram influencers to help promote your tea business

    People love free food. And if you own tea business, why not send free samples to bloggers and influencers in your target market who might tell their audiences about you?

    Food bloggers and influencers on Instagram are perfect for sending free samples of your tea products. They are very popular among their followers, and they love to try new foods. They will often post photos of them tasting the teas they receive, which is a good way to create some buzz around your teas.


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    • Create dedicated pages on Facebook and Instagram for your business

    Creating dedicated pages on Facebook and Instagram for your business helps you to reach out to your existing followers and let them know about the new changes happening in your business. Remind them that the new page is where they should be going for all things related to your teas.

    Shahab Zargari, CEO of Pinnacle Foods UK, owns a tea company called 17 Tea. He recently told Entrepreneur Magazine that this is the best business marketing idea for 2021, To acquire leads and increase your sales, create pages for your product on Facebook and Instagram and fill them with quality content.

    • Start a YouTube channel for your tea business

    YouTube is one of the best social media platforms to get started with. You can create videos on anything you like. For example, if you are starting a tea business, you can begin by making short videos about certain health benefits of tea. As you make more and more videos, it will be easier to gain subscribers and people would come back to watch the new video every time you will upload one. This way people can learn a lot from your YouTube channel and thus, a great way to market your tea business.

    • Send Consistent Messages Across All Platforms (Facebook, Twitter, Instagram)

    A quick and easy way to market on social media is to send consistent messages across all platforms. You want your audience to get to know you quickly, so use a post on Twitter as the caption and include the same photo on Instagram. People tend to like consistency. It makes them feel connected to your business, which will lead you to their inbox!

    18. Packaging, Style, and Accessories

    Now that you have great tea to sell, you need to choose the right packaging. Think about selling an experience, your customers should feel something special every time they drink your tea.

    Offer fun accessories, like unique cups or infusers, especially if you sell loose leaf tea. Make sure they have the tools they need to enjoy it.

    If you have a store, create eye-catching window displays and packaging that attract people to walk in.

    For online tea sellers, focus on creative digital advertising to grab attention and bring customers to your shop.


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    Conclusion

    There are a lot of people out there selling tea. It’s hard to get in front of your target audience without standing out from the crowd. But if you use the above-mentioned tea business marketing tips, you can make your business stand out and build a following that will drive more sales and growth. This is the kind of solid advice you need if you want to build an industry-leading business.

    FAQs

    Is the tea business profitable in India?

    Yes, the tea business is profitable in India because most Indian consumers have a strong taste for it. However, your profit will depend upon the type of teas you are producing and selling.

    How to promote tea business?

    Promote your tea business by using social media, offering free samples, creating attractive packaging, partnering with cafes or influencers, and running online ads to reach more customers.

    Which are the top tea companies in the world?

    Top tea companies in the world are:

    • Tata Global Beverages
    • Unilever
    • Nestle
    • The Republic of Tea
    • Dilmah

    Where is the world’s largest tea market?

    China has the world’s largest tea market valued at over 78 billion USD.

    What is tea business profit margin?

    Tea business profit margins are usually 30%–60%, depending on sourcing, branding, and sales channels.

    What are the ideas of digital marketing for tea business?

    Use digital marketing for your tea business through social media ads, SEO, influencer partnerships, email campaigns, and engaging content to attract and retain customers.

  • The Good Life Company- Experience the Exquisite Blends of Tea and Coffee

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by The Good Life Company.

    Are you feeling tired or depressed? Are you having a bad day at work? Then, you should know that a simple steaming cup of tea or coffee can make you feel much better. Studies have shown that even holding a hot cup of tea or coffee can have positive effects on human mood and behavior. Tea and coffee top the list of most popular drinks worldwide. Also, there are wide varieties of tea and coffee available in different parts of the globe. The Good Life Company, a Mumbai-based startup is serving you the best tea and coffee from around the globe.

    StartupTalky interviewedThe Good Life Companyfounder Bhuman Dani & Shariq Ashraf to understand more about his venture.

    The Good Life – Company Highlights

    Startup Name The Good Life Company (TGL Co.)
    Headquarters Mumbai
    Founders Bhuman Dani & Shariq Ashraf
    Sector Beverages
    Founded 2016
    Total Funding $1 million
    Parent Organization Panella Foods And Beverages Private Limited

    Tea and Coffee Industry
    The Good Life Company – About
    The Good Life Company – Team
    The Good Life Company – How It All Started?
    The Good Life Company – Name and Logo
    The Good Life Company – USP
    The Good Life Company – Revenue Model
    The Good Life Company – User Acquisition
    The Good Life Company – Funding and Investors
    The Good Life Company – Advisors and Mentors
    The Good Life Company – Startup Challenges
    The Good Life Company – Competitors
    The Good Life Company – Growth and Revenue
    The Good Life Company – Awards
    The Good Life Company – Future Plans
    The Good Life Company – FAQs

    Tea and Coffee Industry

    According to Euromonitor data, the Speciality Tea Market has currently valued at INR 5,100 crore and growing at the rate of 12% p.a. whereas the CTC tea market has valued at INR 13,000 crore, growing at the rate of 3% p.a. in India. Globally, the tea industry is currently at $44 billion, growing at the rate of 5% per annum. As far as coffee is concerned, the instant coffee market in India has currently valued at INR 2,800 crore, growing at 5.5% per annum while the fresh coffee market at INR 1,500 crore growing at 6% per annum.  The global coffee market currently stands at $85 billion growing at 4% per annum.

    In India, as of 2019 orthodox tea accounts for almost INR 10,000 crore of sales growing at a rate of 10% annually whereas other teas account for INR 13,000 crore of sales at a growth rate of 2.9%. Combined, the tea market in India is expected to be at INR 22,000 crore by 2022.

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    The Good Life Company – About

    Founded in 2016, TGL Co. is the fastest growing hot beverages startup in India that sources the finest quality teas and coffees from around the world with a deep focus on fresh, clean and natural ingredients. The Mumbai-based startup envisions itself becoming the largest hot beverages brand in India.

    TGL sources teas from the best plantation around the world/ from China, Japan, Sri Lanka, Taiwan, and India, then blends them with dehydrated fruits, flowers, and spices to give them an aromatic flavor.

    All About The Good Life Company

    The Good Life Company – Team

    TGL Co. (The Good Life Company) was founded by Bhuman Dani and Shariq Ashraf in 2016.

    Bhuman Dani is an ex-management consultant of BCG, London. He did his MBA from INSEAD and BE in Mechanical Engineering from BITS Pilani, Dubai whereas Shariq Ashraf worked as a management consultant in BCG, Melbourne. He did his MBA from Oxford University.

    TGL | Co-Founders | Bhuman Dani & Shariq Ashraf
    TGL | Co-Founders | Bhuman Dani & Shariq Ashraf 

    Bhuman & Shariq met at an alumni event of The Boston Consulting Group (BCG) in Mumbai. Their shared love for tea and coffee coupled with a passion to bring inspired blends and beans to millions in the country, brought them together to change the norm for hot beverages in India.

    Currently, TGL Co. has a diverse team of 85+ members across Mumbai, Delhi, Bangalore, Pune, and Kolkata.

    “The way we met is a perfect example of serendipity. As a start-up, we believe in wearing multiple hats, where roles are not clearly defined, and people are required to multi-task and handle various responsibilities.  We have been actively involved wherever required, starting from packing teas to strategizing future business plans to raising funds,” says Bhuman.

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    The Good Life Company – How It All Started?

    When TGL’s founder Bhuman Dani walked into the East India Company store in London one day, little did he know that it would change his life. With no background in the world of specialty teas and coffees, this experience opened his mind to brews, blends, blades, and beans. On researching more about the Indian specialty tea market further, he realized that there was no player he could clearly relate to when it came to premium teas.

    But this appetizer only fueled his thirst for more knowledge in this space. So, he began his apprenticeship with Jane Pettigrew, one of the most renowned master blenders of tea in the world, and learned about teas, origins, and influence of botanicals in creating the perfect blend. His interactions with Sanjiv Mehta (Director, East India Company) inspired him to pursue his passion and create an aspirational brand of premium teas and coffees in the very commoditized Indian consumer industry.

    At the same time, in another corner of the world, Shariq Ashraf, an MBA graduate from Oxford University and a self-professed tea aficionado was inspired by another tea company. He got his Eureka moment while traveling to Antarctica via Argentina where he met Ines Berton, the owner of Tealosophy South America’s biggest specialty tea company. He got inspired by his enviable tea knowledge that helps him to know about teas, blends, and the business model.

    This led him to quit the Boston Consulting Group and move back to India, following his passion to introduce a spectacular range of tea and coffee.

    TGL Co. lets one enjoy the goodness of life through its exquisite range of tea and coffee and believes that the world’s finest tea and coffee should be an everyday luxury that celebrates sophistication, tranquility and good health.

    TGL Logo
    TGL Logo

    They’re devoted to bringing an articulate revival to the known hot beverage experience by sourcing the best teas & coffees in the world and masterfully blending them with innovative flavors and botanicals. With every brew and blend, it is reviving the concept of tea and taking it to places where it has never been before.  

    TGL’s logo symbolizes the Ancient Tea Horse route which first enabled teas to travel beyond China. They want to take it much further into a new era of unwavering excellence. Towards the rapidly increasing tribe of tea aficionados. To re-imagine it, no longer as a legacy drink, instead as one that entices, excites and rejuvenates.

    The Good Life Company – USP

    TGL Co. brings to you the best of tea and coffee from around the world. Although the company was incorporated in April 2016, it had started selling in October 2016.

    The Good Life Tea Company has various types of tea like white tea, green tea, oolong tea, black tea, yellow tea, and CTC tea. It sources tea from countries like China, Japan, Taiwan and Srilanka besides India. One can choose from a variety of ingredients, flavors and aromas.

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    It also has a wide variety of coffee in India and the different parts of the world.

    The USP of TGL’s tea that sets them apart from the competitors are:

    1. Sourcing of Tea Leaves: Most players source their leaves from the Indian subcontinent, i.e. India, Sri Lanka, Nepal and Bhutan. But TGL believes in sourcing the best tea leaves. A white tea grows best in the Fujian province of China. The humidity, temperature, altitude, alkalinity in the soil is optimal for these leaves to grow in these regions. So TGL, instead of just limiting itself to the Indian subcontinent, also goes to China, Taiwan, Japan, Sri Lanka, etc., and source the finest leaves from these countries.
    2. Sourcing of Ingredients: Most players source their ingredients locally that’s why the range is limited and quality is sub-optimal. TGL Co. after sourcing the leaves from around the world, ship them to Europe to its contract manufactured blending facility wherein they mix the teas with dehydrated fruits, flowers and natural flavors in the presence of European botanists and culinary experts – botanists to ensure blends are amazingly healthy and culinary experts to ensure the optimal taste. It uses exquisite ingredients that are both unavailable and unheard of in the country – such as Barberries, Mallow petals, Schizandra Berries, Muira Pauma, Thistle flowers, Osmanthus, etc.  Apart from being amazingly tasty, most of these ingredients have medicinal values. TGL Co. follows a streamlined central purchasing principle. It sources ingredients from locations they grow best – for example, Barberries come from Iran, Schizandra Berries from Russia, Muira Puama from the Amazon rainforest & Mangoes and Strawberries from India.
    3. The Blend: Most players have simple, conventional blends – Green tea with mint, Green tea with ginger, Green tea with rose, Earl Grey, English Breakfast, Chamomile, etc. A typical blend that The Good Life Company offers is Green Sencha Tea mixed with mango, banana, melon, guava, sunflowers, cornflowers and passionflower leaves. It has 8 ingredients in one tea that make it extremely flavorful, tasty & healthy with less than 6 calories a cup and is extremely high in quality because of the sourcing process.
    The Good Life Company’s Coffee
    The Good Life Company’s Coffee

    The USP of TGL’s Coffee is:

    1. Sourced from the Best Plantations: Some of the best coffee in the world grows in high appellation regions as high as 2000ft. above mean sea level and anywhere between the Tropic of Cancer and Tropic of Capricorn and in places with rich tree shade and a desirable microclimate. These are the kinds of coffee that TGL seeks out for its tightly curated collection. TGL Co. procures the highest quality Arabica beans from the best-placed coffee plantations world over, including Ethiopian Yirgachaffe, Colombian Excelso, El Salvador Santa Cristina, Peruvian Organic Coffee, Brazilian Santos, and coffee from award-winning coffee estates in India.
    2. Expertly Roasted Beans: When you buy coffee off-the-shelf, it is likely you are buying something roasted many months ago and hence, stale. The truth is that the best tasting coffee is the one that is made from a batch of recently roasted beans, i.e. the flavors are freshly extracted and hence, in prime form. TGL Co.’s Indian coffees are roasted once every two weeks, and in small lots, to ensure the flavors are crisp, bright and intense, and for the good haul.
    3. Ground To-Order: Pre-ground coffee rarely produces a cup that can match the complexity of the flavors and aromas that seep from a freshly ground lot. This is because from the moment the beans are ground, air starts to take effect. Most store-bought coffee is roasted many months ago and ground to a generic, industrial- standard. In sharp contrast, TGL Co. prefers and encourages grinding freshly roasted beans to-order, and to the drinker’s preferred way of brewing. This way, the coffee is exposed to minimal oxidative degradation and retains flavor better.  

    To be able to provide teas apt for the Indian palate, without compromising on quality and health, TGL devised more than 300 recipes with their team of botanists and culinary experts – some extremely fruity with tropical fruits such as TGL Mogo Mogo Green Tea. They also introduced naturally sweet teas, mimicking dessert and cocktail profiles such as TGL Strawberries & Cream Black Tea or TGL Ice Wine White Tea.

    The Good Life Company – Revenue Model

    TGL Co. has a robust revenue model. The company has different channels of sales based on its target market and each of them operates on a direct or commission basis model.

    TGL Co. earns revenue from the following sources:

    • HORECA – Hotel, Restaurants & Cafe (Direct sale)
    • Offline retail (Commission model)
    • Online retail via own website (Direct sale)
    • Online retail via third-party websites such as Nykaa, Amazon, etc. (Commission model)
    • Gifting (Direct sale)  

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    The Good Life Company – User Acquisition

    TGL Co. initially had a very narrow, well-defined slice of the population as the target audience. The company strongly believes that its products stand out in terms of quality and so, right from the beginning, their strategy has been to get as many people to sample and try out their products as possible.

    The company reaches its target customers through the 3 following ways:

    • By partnering with the best hotels, restaurants and cafes in the country like Taj, Marriott, Westin, SOFITEL, Lalit, Hyatt, Hakkasan, Yauatcha, Indigo, Smoke House Deli, The A Club, Fatty Bao and many more.
    • By taking part in multiple events throughout the year and doing samplings.
    • Entering modern trade through Shop in Shop concepts where the company’s teas and coffees are displayed in beautiful glass jars, and the customer gets to smell and taste the products and realize the quality of their offering. This helped to build and anchor TGL Co. as a brand.  
    TGL | Tea
    TGL | Tea

    The Good Life Company’s tea is available at almost every major e-commerce platform online as well as its own website and on the shelf at multiple retail locations.

    As said by Bhuman and Shariq, TGL Co. focuses on the following factors to attract customers:

    1. Target Audience & Brand Positioning: An average Indian household can be segregated into 3 categories based on income – Elite & Affluent (> 10LPA), Aspirational (5 to 10L) and the Next Billion (<5L). Over the next 5 years, the segment that grows the fastest is the “Aspirational” segment. Thus, having a brand that is Aspirational and not masses, would be the first step to scale up in this category. The category is a commodity that is all about premium sizing and uplifting the existing category to cater to the “value-conscious Aspirational Indian”.
    2. Reinforcing Health & Wellness: More than 50% of India is less than 25 years old & 65% is less than 35 years old. Young India is deviating towards health and wellness due to factors like global trends, peer pressure, influencers, celebrity endorsements. Hence, providing consumers with healthy offerings with natural ingredients having medicinal values that fulfill their health goals is essential.
    3. Innovation & Indulgence: Just focusing on health, wellness and quality is meaningless without repeat purchases. And repeat purchases are only possible if the product is innovative and becomes a daily indulgence for consumers. When health becomes an indulgence, (and if the category is commodity-driven) it conjures instant fortune.  

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    The Good Life Company – Funding and Investors

    The Good Life Company has raised a total of $1M in funding over 1 round by 2 investors Abu Farhan Azmi and Ayesha Takia Azmi. The Company has used the funding for-

    • Building a robust sales and distribution network across the country. It aims to reach 1000+ POS within the next 12 months.
    • Increasing its online sales, both through its own website and online marketplaces.
    • Revamping the existing website to cater to international markets. The soft launch in June 2019.
    • Brand building and increasing product awareness: visibility at HORECA, International Airport, Airlines (GoAir), Sports Teams (TGL Butterfly Squad)  

    Funding for a business is like fuel for an automobile. It helps the business propel faster towards its goals. While we are confident about the quality of our products, funding has enabled us to expand and exponentiate our growth 10x. What we could have achieved in 10 years otherwise, we have been able to achieve in a year.

    The Good Life Company – Advisors and Mentors

    TGL Co. was conceptualized after detailed discussions with Jane Pettigrew, Sanjeev Mehta, Ines Berton and certain BCG partners.

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    The Good Life Company – Startup Challenges

    One of the foremost challenges was understanding the Indian palate and what tea drinkers in India would prefer to consume daily. Initial months were spent in rigorous market surveys wherein Bhuman and Shariq conducted extensive tastings with HORECA owners, various business owners and regular tea drinkers to understand the Indian taste profile. They were surprised to find out that the majority of consumers refrained from consuming loose-leaf tea daily because it was too bitter for their liking. They preferred teas that had a fruity aftertaste or were naturally sweet.

    TGL | Challenges | Problem Solving
    TGL | Challenges | Problem Solving

    Another major challenge that TGL Co. faced was the phenomenal growth its products received.

    “We grew too fast and too early. While we were extremely happy with the response we received, at the same time, we weren’t prepared then operationally to match the demand. And therefore, we did experience a phase where we had delays in order processing and manual errors in some orders” says Bhuman and Shariq.

    With time, the company has been able to equip itself operationally to match the demand by implementing automated production practices and expanding their team.  

    Getting the sourcing model right was also a challenge that the company faced. For this, Bhuman and Shariq personally visited dozens of plantations across various countries, interacted with numerous tea masters and sommeliers, and selected the leaves from the high quality and best plantations.  

    Again, working out the supply chain to get these teas from around the world into Europe for blending, and then finally to India for selling was a huge logistical challenge. In order to ensure the freshness of the teas and the blends, TGL Co. air freighted everything instead of the traditional cheaper shipping model. While this adds significantly to the costs, the company believes that the value it adds to the freshness of its teas is invaluable.

    Every startup from the outset is implicitly prepared to deal with various crises and dilemmas throughout the journey. However, some dilemmas can still astound you, mainly because it wasn’t anticipated or you simply don’t know how to respond to it.

    The Good Life Company – Competitors

    Owing to its unique blend, ingredients and tea leaves sourced from different parts of the globe, TGL Co. has been able to make a distinctive place for itself in the Indian tea market. As such there are no direct competitors to TGL Co.  

    At TGL, we have revived the known tea experience by sourcing the best tea from around the world and masterfully blending them with innovative real ingredients, such as Kashmiri Kahwa Green Tea with real saffron and almonds, Jasmine Blush Green Tea which is a refreshing version of a Jasmine tea with peppermint.

    Such innovations have helped us stay ahead of the competition.  

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    The Good Life Company – Growth and Revenue

    Some of the major milestones achieved by TGL Co are as follows:

    • TGL has witnessed exponential growth over the past 24 months. Revenues have grown ~7x in the past 18 months and the ultimate aim is to create an INR 100 crore revenue brand by 2024.
    • It has sold over 5 tonnes of tea and 2 tonnes of coffee in the past 12 months that ~25L cups of tea and ~3L cups of coffee.
    • The company is serving more than 85,000 happy customers and repeat buyers.
    • TGL is now available at more than 200 hotels, restaurants and cafes across 9 Indian cities including popular properties such as Taj, Marriott, Westin, SOFITEL, Lalit, Hyatt, Hakkasan, Yauatcha, Indigo, Smoke House Deli, The A Club, Fatty Bao and many more.
    • TGL is also retailing at more than 600 points of sales at popular modern trade stores such as Godrej Natures Basket, HAIKO across Mumbai, Bengaluru, Pune, Kolkata and Delhi-NCR.
    • TGL is also available at the Mumbai International Airport in the duty-free shopping areas and on the in-flight menu onboard GoAir flights.

    The Good Life Company – Awards

    TGL Co. has received the following awards:

    • Awarded as “Startup of the year 2020”
    • Awarded Coca-Cola Golden Spoon Award 2019 for “Most Admired Food Startup of the Year”
    • Listed in Sutra HR’s “Top 100 Startups to Watch in 2019”
    • Bronze Medal Winner in Global Tea Championship 2019
    • Awarded ET Now Global Award for Retail Excellence 2019 for “Food & Grocery Brand of the Year” (Hot Beverages)
    • Recognized as an innovative startup by Amazon and listed on Amazon Select.
    • Awarded Amazon Connect Extra Mile Award for “Outstanding Performance in 2018”                    

    The Good Life Company – Future Plans

    TGL Co has interesting plans for the future. Some of its future plans are:

    Product Launches

    • Introducing tea range specially formulated by botanists and culinary experts with herbs, spices and medicinal ingredients aimed at improving overall well-being including immunity boost, digestion, sleeping patterns, etc.
    • Introducing premium single estate first-flush White Teas at affordable pricing.
    • Introducing high-quality traditional stone-ground ceremonial grade Japanese matcha and its exotic flavors such as sakura, lavender and more.

    Expanding Channels of Sale

    • Retail: TGL to launch teas and coffees in retail packs at 1000 Points of Sale across Tier I cities in India over the next 6 months.
    • Online: TGL to increase online sales via its website and third-party online marketplaces. The company is also setting up an international website to be able to serve multiple countries through their website.
    • HORECA: Association with popular properties Taj Exotica, Taj Rambaug and Taj Bengal for supplying teas & coffees in rooms as well as on the menu.
    • Alternate channels of Sale: Collaboration and listing with various co-working spaces, gymnasiums, and airlines.

    Team Expansion

    • TGL aims to grow from a current team of 80 professionals to over 200+ in the next 12 months.

    The Good Life Company – FAQs

    Who are The Good Life Company owners?

    TGL Co. was founded by Bhuman Dani and Shariq Ashraf in 2016.

    What does The Good Life Company offer?

    TGL Co. is the fastest growing hot beverages startup in India that sources the finest quality teas and coffees from around the world with a deep focus on fresh, clean and natural ingredients.

    What is the Revenue Model of The Good Life Company?

    TGL Co. earns revenue from the following sources:

    1. HORECA – Hotel, Restaurants & Cafe (Direct sale)
    2. Offline retail (Commission model)
    3. Online retail via own website (Direct sale)
    4. Online retail via third-party websites such as Nykaa, Amazon, etc. (Commission model)
    5. Gifting (Direct sale)

    Where to get TGL products?

    One can find TGL products on both online and offline platforms. It is easily available in supermarkets and e-commerce sites, if not, one can visit its site.