Good Brothers Liquor
The drink industry is booming and products of all kinds are in high demand. We can make your beverage unique and something you will be proud to put your name on. Your formulation can be completed in as little as 60-90 days! Please see the attached proposal for the development of your beverage.
Good Brothers Liquor
Here is a recap of the deliverables that are spelled out in the agreement:
Formulation Agreement
3 rounds of samples (flavor adjustments, you are welcome to schedule an in-house appointment to finalize your beverage formulation)
Nutritional Panel
Commercial batching sheets
Supply chain information (bottles, labels, caps, ingredients, etc.…)
Packaging selection process
Co-packing match
Ongoing executive consultation
Phase 1
Basic Formulation 1 SKU: $7,500 ($3,500 for each additional SKU)
Alcoholic Formulation 1 SKU: $10,000 ($5,000 for each additional SKU)
Artwork branding: $3,500 (Initial SKU) + $2,000 (Additional SKU, when added). I know you will be doing your own artwork and design, I look forward to seeing it!
Budget an extra $1,000 for miscellaneous: shipping, Barcodes and trademarks: We will give you information about how to get these if needed.
Phase 2
Production: raw material, cans/bottles, labels, shipping: $15,000- $30,000
We can go as big or as small as you want. The smaller the order the more expensive it is per unit. The price per unit will depend on what type of container you pick, how expensive your label is, how expensive your ingredients are and how big of an order you place. In most cases we are going to shoot for $1 per container and you will drive your costs down as you grow your brand.
3rd party shelf-life testing $300-$800
Phase 3
Sales, marketing, web design, ecommerce, distribution:
Budget around $6,000 or more depending on what you already have in place. Product insurance will be a small monthly bill depending on what coverage you need. You can inquire about prices with your current carrier.
**These numbers are hypothetical, and the costs are not upfront. You will probably spend this much in the span of a year to 18 months.
Budget
Artwork branding: $3,500 (Initial SKU) + $2,000 (Additional SKU, when added). (Artwork Optional)
Budget an extra $1,000 for miscellaneous: shipping, Barcodes and trademarks: We will give you information about how to get these if needed.
Production: raw material, cans/bottles, labels, shipping: $10,000- $30,000
3rd party shelf-life testing $300-$800
Budget around $6,000 or more depending on what you already have in place. Product insurance will be a small monthly bill depending on what coverage you need. You can inquire about prices with your current carrier.
Formulation: 10,000 Trademark: 1,000 Production materials: 10,000 Shelf Life Testing: 800 Marketing & Promo: 6,000
Total: 27,800
**These numbers are hypothetical, and the costs are not upfront. You will probably spend this much in the span of a year to 18 months.