Showing posts with label Barry Nalebuff. Show all posts
Showing posts with label Barry Nalebuff. Show all posts

Monday, June 23, 2014

Meatless Monday: One Billion Bottles Sold!

Honest Tea reached a milestone late last week. Parent company Coca Cola announced on June 17 that Honest Tea had sold its one billionth beverage! 

This might seem like an unusual topic for a Meatless Monday post; Honest Tea is indeed meatless, but it is a beverage, not a food. But please bear with me as I spin the tale; it raises some interesting questions.

My favorite!
Honest Tea was conceived in New Haven, just a few blocks from where I live. In 1994, Barry Nalebuff, a professor at the Yale School of Management, and his student, Seth Goldman, discovered they shared the passion for the idea of a less sweet, but flavorful beverage. “We were thirsty,” they say. In 1997, the two reconnected. Seth, now graduated and working, had decided he would have to create a drink himself; Barry had just returned from India where he had been analyzing tea for a case study. Barry had even thought up a name for bottled tea made with real tea leaves — Honest Tea. Seth quit his job and started brewing tea in his kitchen. Just five weeks later, an interested buyer ordered 15,000 bottles!

Honest Tea was the first tea company to introduce a USDA-certified organic bottled tea, as well as the first to make a Fair Trade Certified bottled tea.

Coca-Cola invested in the company in 2008 and helped expand the distribution of Honest beverages. Coca-Cola purchased Honest Tea in March, 2011. Seth continues to run the company as President and “TeaEO.” Honest Tea is now sold in over 100,000 outlets

Coca-Cola is a multi-national corporation, makes a major portion of its profits selling drinks made with high fructose corn syrup, and is one of the largest opponents of GMO labeling. Many question how Honest Tea could choose to align itself with such a company. Indeed, the Organic Consumers Association has called for a boycott of a number of well-known organic product lines owned by companies who oppose GMO labeling. One of those targeted is Honest Tea

Many situations are not simply either black or white, however. In my mind, this is one of them. I do not know Seth, but I am acquainted with Barry. I asked him last summer, in the midst of the Organic Consumers Association boycott campaign, why Honest Tea had partnered up with Coke, and he suggested I read this piece Seth published in his blog last August — “All in the Family.” It came down to distribution. Honest Tea had a great product and mission, but it lacked a large distribution system. Coca-Cola could get their product out there.

Like the beloved liberal uncle at the conservative family’s holiday gathering, Honest Tea brings a different voice to the Coke family table. Seth wrote, “There are bound to be moments when our enterprise does not share all of the same ideas as our parent company. But there’s never been any pressure to compromise Honest Tea’s products, our ingredients, or our commitment to our mission…The company’s Honest Kids products do not contain any high fructose corn syrup. In fact, Honest Tea refused to yield to pressure from parent company Coca-Cola to remove the “no high fructose corn syrup!” language from the Honest Kids packaging.” Seth writes in his Letter from the Tea-Eo in Honest Tea’s 2013 Mission Report, “So we operate in that grey zone between what’s ideal and what’s possible and each decision brings trade offs.” [Sounds like my life..] You can read the full report here and make your own decision. 

I have chosen to support Honest Tea—a great product—despite the parent company’s intense involvement to block required GMO labeling — for the same reasons I still buy Ben & Jerry's fro-yo even though it is owned by Unilever

One billion bottles is a lot of tea. In honor of National Iced Tea Month (the month of June), Honest Tea enlisted the help of Sysomos, Inc. to look at every tweet about iced tea over the last year and to make some sense of the data. Based on the 117,441 tweets they gathered, they came up with an interesting infographic about who these tea drinkers are. I tweet so I know I’m in there somewhere.

Honest Tea is the drink I grab when I’m on the go — Mango Peach Açai in the glass bottle when I can find it. I wonder how many of those one billion beverage units were mine?

Happy Monday. Happy Summer. Stay hydrated. Have a great week!


On Mondays I often blog on food, food issues, or gardening in support of Meatless Monday, one of several programs developed in the Healthy Monday project, founded in 2003 in association with Columbia University’s Mailman School of Public Health, Johns Hopkins Bloomberg School of Public Health and Syracuse University’s Newhouse School of Communications. Meatless Monday’s goal is “to help reduce meat consumption 15% in order to improve personal health and the health of our planet.”

Saturday, September 8, 2012

Saturday Shorts: Honest Tea's TeaEO Weighs in…


Seth Goldman’s Reflections on Being a Member of the Coke Family

A couple of posts ago I reported on CA Prop 37, which calls for mandatory labeling of all genetically modified food sold in California. I included some graphics which show the major players for and against the measure.

The Organic Consumers Association has called for a boycott of a number of well-known organic product lines owned by the opposition. One of those targeted is Honest Tea, owned by Coca-Cola for the past 15 months. Honest Tea was the first tea company to introduce a USDA-certified organic bottled tea, as well as the first to make a Fair Trade Certified bottled tea. The company’s Honest Kids products do not contain any high fructose corn syrup. In fact, Honest Tea refused to yield to pressure from parent company Coca-Cola to remove the “no high fructose corn syrup!” language from the Honest Kids packaging.

Proposition 37 and the call for a boycott have prompted some interesting discussions at Honest Tea. Co-Founder Barry Nalebuff alerted me to an article just published by co-founder Seth Goldman, the company's current TeaEO

Before you go cold turkey on your Honest Tea habit, you might want to consider what Seth has to say on the subject. 

I propose an alternative to the boycott – Continue to buy the organic products sold by the opposition, but be sure NOT to buy any of their other lines. And let the corporations know exactly how and where you are (or are not) spending your money.

If you have time, continue on to Seth's next post to read what he had to say about Mayor Bloomberg’s ban on large, sugary drinks. It is good to be reminded that there is usually more than one side to any story.

Why Saturday Short Subjects? Some readers may recall  being dropped at the movie theater for the Saturday matinee — two action-packed feature films with a series of short subjects (cartoons or short movies, sometimes a serial cliffhanger) sandwiched in between. Often the short subjects were the most memorable, and enjoyable, part of the morning. That explains the name. The reason behind these particular posts is that we are all short on time. My Short Subject posts should not take me as long to write or you as long to read (or try).