Uptain founded Essentia in 1998, after a career in real estate, and the brand is now the top alkaline water brand and top selling bottled water brand in the natural channel in the US. Sales surged 84% to $136m in measured channels in the year to March 25, 2018, according to figures from IRI MULO+C, and the company is confident in future growth.
Essentia uses a proprietary process to create its ionized alkaline water with a pH of 9.5. The water is first purified using microfilters, reverse osmosis and UV light; then electrolytes are added and its proprietary ionization process removes bitter-tasting acidic water ions and raises the pH. Essentia says that it’s this ionization process that leads to better hydration.
The brand won awards in the categories of Best Functional Water and Best Marketing or Social Media Campaign at the Global Bottled Water Awards, which were announced at the Zenith Global Bottled Water Congress in Evian, France, last week.
So what’s Uptain’s top tips for other entrepreneurs?
“I think first is to manage expectations,” he said, speaking in a CEO interview with Zenith Global chairman Richard Hall during the Congress. “I’ve seen a lot of young entrepreneurs with great visions of grandeur but the reality is its impossible to grow something to this scale over a short period of time.
“Secondly, make sure the consumer wants your product: if they don't, you’re pushing uphill.”
Asked if he had been able to transfer any lessons from the real estate industry over to the beverage industry, Uptain said: “The analogy I always use is that you’ve got to have a foundation that’s square and level: and if you don’t, by the time you build the house up there you’ll have all kind of trouble.
"So I’ve built this brand on longevity and I wanted to make sure we had a strong foundation to grow on."
So what’s next for the brand? Uptain is both enthusiastic and cautious about future growth opportunities: again highlighting the importance of growing carefully with a long-term game plan.
“Clearly I think this is a global brand, but I really believe in staying focused on what we do. We’re looking at – on the side – what is the next step: but we’ve got a ton to do in the US.”
Innovation, entrepreneurship and creativity
The winners of the 2018 Global Bottled Water Awards were announced on October 23 at a Gala Dinner during the 15th Global Bottled Water Congress in Evian, France.The annual awards are organised Zenith Global, with the support of category sponsors Ardagh Group, Bericap, ICE Water Management, Sidel and Tetra Pak.
The awards were made across 12 categories; and the winners are:
Best Natural Still Water – sponsored by Sidel
Highlands Beverages Pty Ltd – Highlands Beverage Still Water
Best Natural Sparkling Water
Winner: Hijos de Rivera S.A.U - Magma Cabreiroá 1L Glass
Best Flavoured Water - sponsored by Ardagh Group
Winner: Icelandic Glacial - Icelandic Glacial’s Elderflower Sparkling Water
Best Functional Water
Winner: Essentia Water, LLC - Essentia Water
Best New Water Concept
Winner: Wine Water Ltd - O.Vine
Best New Brand/Brand Extension
Winner: Hijos de Rivera S.A.U - Cabreiroá 0,5L Gorjuss for Kids
Best Packaging/Label Design
Winner: Lofoten Arctic Water AS - Lofoten Water
Best Packaging Solution
Winner: JUST Goods - JUST Water
Best Technology Innovation - sponsored by ICE Water Management
Winner: AquaBotanical Beverages (Australia) Pty Ltd - AquaBotanical Water
Best Cap/Closure - sponsored by Bericap
Winner: NutraPress (Australia) Pty Ltd- NutraPress Cap
Winner: Water.io - Water.Connected
Best Marketing or Social Media Campaign
Winner: Essentia Water, LLC – Essentia Presents The Overachievers
Best CSR Initiative - sponsored by Tetra Pak
Winner: AquaBotanical Beverages (Australia) Pty Ltd - AquaBotanical Water