Newsletter 44: Turning Oats into a Multi-Million Dollar Movementđ¸
HEY CONVERSION QUEENS đ¸đ
Have you ever wondered how a Swedish innovation turned oat milk into a global lifestyle phenomenon?
This week, weâre diving into the story of Oatly, a brand that mastered the art of sustainability, transparency, and relatability. From bold campaigns to seamless e-commerce strategies, Oatly offers a wealth of insights on converting curiosity into loyalty. Letâs break it down!
SIS, LETâS CATCH A CASE
OATS TO MILLIONS
Oatly was founded in 1994 by Rickard Ăste, a Swedish food scientist who sought to address dietary restrictions and environmental concerns. Inspired by his research on lactose intolerance and sustainable food systems at Lund University, Ăste developed oat milk as an alternative to dairy. This innovative product combined nutrition, taste, and sustainability, providing a solution for those seeking a more environmentally friendly and plant-based option. The name âOatlyâ reflects the brandâs focus on its core ingredientâoatsâand its commitment to natural simplicity.
Oatlyâs core audience includes health-conscious consumers, environmental advocates, and individuals with dietary restrictions such as lactose intolerance or dairy allergies. The brand is particularly popular among younger generations who value sustainability and transparency. To engage this audience, Oatly employs a multi-faceted marketing strategy that includes transparent sustainability messaging, distinctive and humorous branding, and strategic partnerships with coffee shops and retail outlets. These efforts not only position Oatly as a lifestyle brand but also create a strong emotional connection with consumers.
In the competitive plant-based milk market, Oatlyâs emphasis on aligning with consumer values and standing out through bold, creative marketing has allowed it to thrive. By addressing real customer pain pointsâsuch as the environmental impact of dairy and the need for inclusive, plant-based optionsâOatly has established itself as a leader in the industry. The brandâs ability to balance sustainability, innovation, and relatability makes it a go-to choice for those embracing plant-based lifestyles.
POSITION YOUR BRAND TO WIN
1. đ¸đ Expand Revenue Through Strategic Diversification. Oatlyâs ability to broaden its product line with complementary items like cooking creams and ice cream boosts revenue streams while staying true to its core mission. Businesses can replicate this by diversifying within their niche.
2. đ¸đ Partnerships with CafĂŠs. By placing its Barista Edition oat milk in specialty coffee shops, Oatly drove awareness and encouraged trial purchases, boosting its presence among coffee enthusiasts.
3.đ¸đ Product Sampling at CafĂŠs and Events. Offering samples of its Barista Edition oat milk at partnered coffee shops and live events converts curious consumers into loyal buyers.
BRANDS THAT MADE OUR SH/T LIST
MEN'S GROOMING BRAND DUKE CANNON MAKES FIRST âUNI-NILâ DEAL WITH IOWA STATE MASCOT
On the eve of March Madness, the biggest annual event in college hoops, menâs grooming brand Duke Cannon has made its first name, image, and likeness deal.
FRAGRANCE BRAND OURSIDE TURNS TRADEMARK SETBACK INTO A COMMUNITY-BUILDING EFFORT
When Oursideâs bestselling fragrance Dusk was challenged on trademark grounds last year, founder Keta Burke-Williams turned the setback into a community-building exercise
GEN ALPHA BRAND TBH'S FOCUSED, DATA DRIVEN APPROACH TO CONVERTING A TARGET REJECTION INTO A DISTRIBUTION DEAL
Founder Risa Barashâs quarter-century of experience building childrenâs brand Fairy Tale Hair Careâs distribution at chains such as Meijer, Hy-Vee, Walmart, CVS, Ulta Beauty and Target, where sheâs watched insurgent brands come and go
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INVEST IN YOUR BRAND, SIS
Thanks for reading, Queen.