Page 77 - TFWA World Exhibit 2023 Special Edition
P. 77

INSIDER



                  Helping the small brand compete against the big boys:
                  Walter Aguilar shares his successful secrets in a best-selling book




                     Independent global brand consultant   accessories. And then I focused on liquor
                  Walter Aguilar has written a book which   and tobacco. What I learned from the
                  quickly became an Amazon best seller   perfume companies helped me a lot when
                  when it was released earlier this year.   we were trying to build the ultra-premium
                  Aguilar, who has a long history of working   rum category,” says Aguilar.
                  with luxury brands in all key product   “When I first got Zacapa it was $17.
                  categories along with time on the retail side   I said we needed to push to create the
                  of the business, tells TMI that his particular   ultra-premium rum category as Grey Goose
                  career journey gives him the perfect set of   did with vodka. That brand inspired us to
                  tools to help a brand go to the next level.  position Zacapa as a leader, to create this
                     “The book is called Create: Luxury   ultra-premium rum category, which was
                  Brand. It is for any entrepreneur who wants   not commercial then. We opened Shanghai,
                  to position their brand or company in a   Beijing, Dubai. We opened all the key
                  better way. It has all to do with branding,   airports. We made a case study for Dufry
                  some basic principles, some real true   Mexico, and then we became the reference
                  stories, especially cases that I worked on.   with Zacapa for the ultra-premium rum
                  And cases of other successful brands, like   category.”
                  LVMH,” says Aguilar.                  “The brands that I have helped in
                     “The book is mainly geared towards   the past include Zacapa, Botran on a
                  somebody who has a brand and wants to   global basis, and Cihuatan, which was
                  take it to a different level. The book is   coming from a non-traditionally known
                  not for experts. It is not for people who   rum producing country to become a very
                  are already selling. It is more for brands   important rum brand now.”   consulting for Oliver Rums.
                  that are just going to be created, or have   Today Aguilar is an independent   Aguilar says the environment is
                  been here for a while and are trying to   global brand consultant through his   different today than it was when he first
                  globalize,” he says.              company AguilarW & Co.             brought Zacapa to the market.
                     “If someone has a brand that is just   “I help brands achieve specific   “I think now it is different than 20-
                  starting they don’t have the budget, the   objectives through a global network that   30 years ago. It is interesting how it has
                  network. They don’t have all the resources   I have. I also do branding, positioning,   evolved. But today I think you can actually
                  that the bigger brands have. I have learned   communicating. I have a team in various   compete and win. Today a brand can
                  how to be a small brand and compete with   countries and continents that help me with   actually communicate with the consumer
                  the big guys, so why should I not share   specific projects. Some projects are just   and listen to them. You have to understand
                  that?”                            in Latin America, some are global, some   what people want, what the consumer
                     In his book, Aguilar explores the   are branding, some are travel retail. If   needs. I think in today’s world a new
                  fundamental principles that drive the   the company has an export or marketing   emerging brand can compete and make
                  success of luxury brands, including their   department I work very closely with them.   it if it has discipline, a clear plan, and is
                  unique positioning, exclusivity, and   I help them to make fewer mistakes and get   surrounded by the correct professionals.”
                  storytelling. He delves into the psychology   there faster more efficiently with a lower   Publishing his book has given Aguilar
                  of luxury, understanding the emotional   budget,” he says.           more visibility and helped grow his brand.
                  connection that consumers have with   “I’ve worked directly with brands   “I was invited to be a speaker at
                  luxury brands and how to create that   and negotiated with key luxury brands,   eWMS (electronic World Marketing
                  connection for your brand.        including all the top perfumes and   Summit) in November directly by Philip
                     “Whether you are a new entrepreneur,   cosmetics, liquor, and confectionery   Kotler, the father of modern marketing,” he
                  a marketing professional, or a seasoned   brands.”                   says. “I am also working on a publication
                  business owner looking to take your brand   Aguilar is currently working with Ron   with them and leading university INCAE
                  to the next level, this book provides you   Carupano from Venezuela and Sliabh Liag   to write a success case of the work that
                  with the tools and insights needed to create   Distillers from Ireland.   has been done with brands from Central
                  a luxury brand that resonates with your   “With Carupano I am working   America that will be used as study cases in
                  target audience and stands the test of time.”  on a global basis to enter international   universities.”
                     Aguilar’s luxury brand bona fides   markets. We’ve launched Japan earlier   Aguilar’s book is already a successful
                  began with the introduction of Ron Zacapa   this year. We’re now in Mexico, Australia.   case study.
                  Centenario into the worldwide travel retail   And we’ve launched in Costa Rica and   “The book became a bestseller in
                  industry. He ended up helping to create the   Honduras,” he says. “With Sliabh Liag   Amazon. It’s absolutely crazy. So I wrote it
                  super- and ultra-premium rum categories.  Distillers I work specifically for Latin   in English. And then I published it also in
                     “My first nine years were mainly   America.”                      Spanish soon after that. It’s an e-book and
                  focusing on perfume, cosmetics, and   Aguilar has also recently began   now available in hardcopy.”

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