Product innovation drives export success
Operating in a highly competitive market dominated by global brands, VC2 Brands has fast become recognised as an industry leader, delivering a wide range of innovative drink products to international markets.
Imaginative product development and effective distribution networks have taken
this Stirling based company into new international markets.
- In 2011, VC2 Brands announced an annual
turnover of £3 million, compared with £1.8 million a
year earlier.
- Export sales are driving growth and now make up
20 per cent of revenue.
- Ireland, Spain, Israel, Australia, Canada and
Singapore are all key markets.
- Innovation is key to VC2's export success, for
example the company has produced the world's
first whisky beer.
- Significant investment in the brewing division, TSA
Brewing Co. has seen turnover grow from £70k to
£800k, largely down to export sales.
Despite the economic climate, VC2 Brands continues to invest in key areas of the
business,
for example in their brewing division TSA Brewing Co.
Over the last year, VC2 has seen a great increase in demand
for exports across the company's brand portfolio with
numerous listings secured in foreign retailers, wholesalers
and bar chains, including Spain's El Corte Inglés, thanks to
their innovative products and effective national distribution
networks.
Sales to Ireland, Spain, Israel, Australia, Canada and
Singapore are particularly strong. To reflect their growing
presence in Australia, VC2 Brands recently opened an office
in Townsville, Australia.
Quality and product innovation have played a key
role in securing export success, creating products
designed for both domestic and international
markets has been critical to this. TSA Brewing Co's
premium coffee flavoured beer, Double Espresso
Premio Caffe Birra, was launched in Spring 2011
but has already won a number of high profile
industry awards and attracted global interest.
Next steps?
Innovation is critical to maintain a competitive edge and VC2 Brands will
continue to invest in new product development. The company has many more new
products
in the pipeline to best suit varying domestic and international markets
including a golden rum launching later in 2011.
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