{"id":11460,"date":"2018-08-14T09:22:05","date_gmt":"2018-08-14T09:22:05","guid":{"rendered":"http:\/\/qatar-news.org\/qatarnewsEn\/?p=11460"},"modified":"2018-08-14T09:22:05","modified_gmt":"2018-08-14T09:22:05","slug":"how-this-south-african-company-became-a-marketing-phenomenon","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=11460","title":{"rendered":"How this South African company became a marketing phenomenon"},"content":{"rendered":"<div id=\"storytext\" readability=\"84.2333193454\">\n<div id=\"js-ie-storytop\" class=\"ie--storytop\">\n<figure id=\"ie_dottop\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i2.cdn.turner.com\/money\/dam\/assets\/180809113233-bos-cans-780x439.jpg\" width=\"780\" height=\"439\" alt=\"bos cans\" border=\"0\"><\/figure>\n<\/div>\n<h2 class=\"speakable\">It&#8217;s an unusual scene: A wave of cyclists wearing giraffe costumes flood down a busy street, handing out drink cans to surprised members of the public.<\/h2>\n<p class=\"speakable\"> While unconventional, marketing events like this have become a trademark of BOS, an iced tea brand that has conquered the <a href=\"https:\/\/money.cnn.com\/news\/made-in-south-africa\/\">South African market<\/a> and is now gaining converts in the United States and Europe. <\/p>\n<p class=\"speakable\"> &#8220;We want to put a smile on your face and create those moments of joy,&#8221; said CEO Dave Evans, who joined the company shortly after it was launched in 2010. <\/p>\n<p> Consumers and employees have been seduced by the company&#8217;s playful attitude and slick branding. Other marketing projects include Twitter-activated vending machines and artsy skateboarding parties. <\/p>\n<p> Evans attributes much of the firm&#8217;s success to its eccentric marketing efforts, but the company also relies on a winning local ingredient. <\/p>\n<p> Indigenous to South Africa, BOS organic tea is made from the rooibos (red bush) plant. It&#8217;s &#8220;quintessentially from South Africa&#8221; said Evans. The company says the tea is rich in antioxidants, a selling point for <a href=\"https:\/\/money.cnn.com\/2018\/07\/11\/news\/companies\/oprah-true-food-kitchen\/index.html\">increasingly health-conscious consumers<\/a>. <\/p>\n<p> The company is tapping into a <a href=\"https:\/\/money.cnn.com\/2018\/02\/09\/news\/beer-non-alcoholic\/index.html\">booming global market for premium beverages<\/a>, including products without alcohol. Over the past decade, traditional carbonated drinks have lost 10% of their market share, according to Evans, and a wave of competing brands such as Britain&#8217;s Fever Tree have enjoyed rapid growth. <\/p>\n<p> With flavor combinations ranging from lemon and peach to lime and ginger, BOS sold roughly 10 million units last year. &#8220;We&#8217;ve run at north of 70% compound annual growth rate since 2011,&#8221; said Evans. <\/p>\n<figure class=\"body_img body_img--780\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i2.cdn.turner.com\/money\/dam\/assets\/180809112757-bos-giraffe-stunt-780x439.jpg\" width=\"780\" height=\"439\" alt=\"bos giraffe stunt\" border=\"0\"><figcaption class=\"caption\">BOS cyclists in action in Amsterdam.<\/figcaption><\/figure>\n<p> The CEO believes the next big market is the United States, which offers &#8220;tremendous growth opportunities.&#8221; Having only launched in California in December, he expects half of the firm&#8217;s sales to come from the United States within three years. The tea is being sold in premium natural food retailers. <\/p>\n<p> BOS launched its first international office in Amsterdam in 2014, and it now sells iced tea in 14 countries. <\/p>\n<p> The company does need to be careful about sourcing its key ingredient. Rooibos plants take three years to generate their first harvest. <\/p>\n<p> But that hasn&#8217;t scared away investors. For example, former Manchester United manager Alex Ferguson purchased a 10% stake in the company. <\/p>\n<p> <span class=\"cnnStorySource\"> CNNMoney (London) <\/span> <span class=\"cnnDateStamp\">First published August 9, 2018: 12:00 PM ET<\/span> <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s an unusual scene: A wave of cyclists wearing giraffe costumes flood down a busy street, handing out drink cans to surprised members of the public. While unconventional, marketing events like this have become a trademark of BOS, an iced tea brand that has conquered the South African market and is now gaining converts in&hellip;<\/p>\n","protected":false},"author":10,"featured_media":11461,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-11460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/11460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11460"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/11460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/11461"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}