Choice Hacking

Greatest Hits: The Billion Dollar Marketing Genius Behind Grey Goose

Episode Summary

In the 1990s, America's taste in alcohol was changing. And quirky spirits tycoon Sydney Frank knew just what the country needed - a luxury vodka. There was just one problem. Vodka's reputation at the time was... a little rough around the edges. And what little premium marketshare existed was dominated by Absolut. But somehow, Sydney Frank and Grey Goose broke through the noise to dominate the high-end vodka market. So much so that they went from $0 to selling for $2B in an all-cash deal in only 8 years. Unsurprisingly, marketing genius Sydney Frank used psychology and behavioral science to get there - consciously or not. Join me today as I unpack the history of Grey Goose, its innovative marketing approaches, and how understanding customer psychology made it a billion dollar brand.

Episode Notes

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