Page 22 - Brewdog Teaching Notes
P. 22
Solves a real problem or meets a real need
Real beer
The team: Onboard the bus and in the right seats
Watt and Dickie have merged their passion for craft beer
with an ability to tap into an unsatisfied customer base
through innovative and often abrasive advertising and
promotion. But they did not lose sight of the command and
control elements of their business model. They have total
control of their business and have matched consumer
demand with planned and developed production
capabilities both repeatable, and scalable processes.
Irrespective of 100 of their bars being closed globally due to
the pandemic BrewDog still managed to grow their total
sales for the first half of 2020 by 15%. The reason lies in
their business split:
Bars -V- Brewing (bottles and cans)
On-trade -V- off-trade
During lockdown people stopped going to pubs but they did
not stop drinking. Having a state-of-the-art bottling plant
(cans) and distribution through supermarkets BrewDog did
not fare as badly as was first thought to be the case.
Watt and Dickie’s focus is laser guided and tied to business
development driven by a mission that focuses on the
creation of competitive advantage.
This explosive growth led to the TSG share sale with Watt
making £50m on sale of part of his shareholding. However,
in light of BrewDogs repeated efforts to cast itself in the role
of a “punk” upstart sceptical of major corporations does this