This is really the long and short if it. The business advantage of craft brewing lies in being scaled to adapt to fill a market niche and as such there is not one "best way". The "best choice" for someone at Sierra Nevadas scale will be totally meaningless for someone who operates a taproom or two in a local area and doesn't package for distribution and their solution won't be the same for someone with the same model in another community or for a regional brewer that self distributes. Just off the top of my head, locally, there is a place that has never distributed or packaged any beer but runs two taprooms, a place that basically just makes their half dozen core beers and distributes to retail and has sought partnerships with regional sports venues, a place that has historically targeted national distribution out of a large production space, and a place that is mostly focused on their taproom with rotating experimental/seasonal options and some core distribution but has put a lot into wide distribution of their seltzer brand. All of them seem to be carrying on pretty well, from the outside.
Fast food is always offering "for a limited time" specials. The purpose is to always offer something new and to give you an excuse to come on in and open your wallet. Seems to me that Sierra Nevada among others is very good with doing that. They have their core offerings, seasonal brews and I always seen to see new ipa's from them on a regular basis. The local microbreweries that survive appear to be those that offer food as a brew pub or beer garden and even that these days is no guarantee. It is very competitive out there.
There probably is no real answer that fits all, as some have already mentioned. The key might be in that whatever approach, or strategy, a brewery uses is that they need to do them very, very well. Sounds obvious, but in practice is harder to do.
This is a real problem for some breweries such as Allagash, Ommegang, New Belgium and the like. New Belgium seems to have found a way around this with their Voodoo Ranger line. I'm not sure that Ommegang and Allagash have been as successful in pivoting to other, more popular styles.
I think a lot are doing what ever is required to stay in business. Too many new breweries opened so the competition is extreme.
Agreed, New Belgium has pivoted well, though I’m not sure I love their Voodoo Ranger series. I was a Fat Tire guy in the day (and before they changed the recipe). Sierra Nevada has done a good job introducing new options.
Troegs seems to be able to manage things well. Solid core beers, regular seasonals, once a year releases, and brewery only beers. Add to that their scratch beer series for experiments, and more recently adding cocktails and hop water products. 10 surrounding states plus DC distribution.
I recently purchased their seasonal which is now out, a Black IPA. I will be discussing this beer in this weekend’s NBW thread. Cheers! P.S. Do you have any insight into how well they are doing financially?
No idea about finances. On the face of it, they seem okay. I remember talking to a rep some years ago. He mentioned they were looking to expand their distro. That was pre covid, so probably dodged a bullet there. Their black ipa is an interesting beer. Will check for your comments.
I do not have first hand industry experience, so I am ill-equipped to suggest how a brewery survives. That said, I would think the breweries that will survive will largely be ones who can look at their product list and evaluate how each is selling in any given format. This assumes they are effective at: quality control & product consistency. BTW, 'product list' should also include the places in which the beer is served, i.e. establishing a clean, comfortable place to encourage people to stick around for repeat pours.
Prost Brewing here in the Denver area has been greatly expanding in the last 3-5 years--while other breweries are either moribund or closing. They've opened several new brewpubs in the last two years, and a huge new brewery in Jan. 2024 (Highlands Ranch). Their secret? No IPAs at all, no stouts, ales, nothing--just German styles done with great fidelity. Delicious high quality beers, especially the Vienna and Dunkel. All of their canned offerings are their core, with a few seasonals at the appropriate time--pretty much like Von Trapp in VT. They are now expanding into other Rocky Mountain states--Idaho, Montana, Utah, etc. https://www.prostbrewing.com/
To the core? Interesting concept, but it's like nailing jello to the wall. Such an expanse, at least based on the variety here (Asheville) Sierra Nevada—the Willy Wonka of breweries—has the vibe, venue, food, and both quality and variety of beer. New Belgium—quality and variety of beer, nice space and vibe, but just local food trucks, some excellent, some not my fare. Riverside Rhapsody—small, respectable beer quality with some variety, but award-winning BBQ food on site. Hi-Wire - multiple locations, mostly industrial feel, respectable food truck options, but a huge variety of very good brews. One of the few places you might have to choose between 4 and 5 stouts if you like stout. Oyster House Brewery has a limited beer variety but usually has a cask, but the food/oysters make them exceptional. That just 4 of the 60 or so in the immediate area. ... and everything you can fit in between these
This reminds me of the 'Rona year(s). Remember, I work in a grocery store. I saw most of the major food/beverage companies dial back their production to the core line that pays their bills, from Coca Cola to Barilla pasta, etc. When things went back to pseudo-normal, the other things began to return. But the mainstays kept them going. If a brewery knows what beers really pay the bills, and are established enough to not have to chase the fad of the moment, the smart model seems to be to "dance with the one what brung ya". Then add the other things when it seems to be the right time. Use those things to kind of add bonus bucks to the income stream. To attract more people. Some will hit, some will miss. But they're extra, not critical to survival.