Jesse Wilson, founder of the fruit-flavored beer brand Jubel, attributes shifting consumer habits and challenges for his business to economic pressures, including the cost of living and the burden of business regulations.
Wilson explained that while his brand has seen sales increase, particularly during hot weather and events like the World Cup, he believes consumers are choosing his products due to their accessibility and refreshment rather than a decline in traditional beer drinking. He noted that people are "looking to dial up the refreshment of their lager," opting for options that are "a little bit easier to drink, a bit less bitter, a bit more refreshing."
His inspiration for Jubel, which launched in 2018 with a peach-flavored lager, came from a French après-ski drink called demi-pêché—a mix of lager and peach syrup—that he observed was popular among those who did not typically enjoy beer.
Despite the brand's growth, which includes expansion into supermarket chains like Tesco and a significant sales increase in the three months leading up to June, Wilson expressed concern about the broader economic climate. He indicated that the downturn in alcohol consumption is more closely tied to the cost of living than other factors. "People just don't have enough in their pockets to go out and spend," he stated.
Wilson also voiced apprehension regarding the operational costs faced by pubs and the impact of government policies. He criticized what he described as "punishing business rates bills and crippling rises in staffing costs," alongside inflation, forcing pubs to increase prices. Wilson was taken aback to see a pint of Jubel priced at £6, noting that prices are now "touching £9."
These rising costs, coupled with what he views as a heavy regulatory and tax burden, could stifle entrepreneurial activity in the UK, Wilson warned. He suggested that the stress and risk involved in growing a business might deter future founders if the incentives and rewards are not sufficient. "The juice isn't necessarily worth the squeeze," he remarked, adding that a lack of enterprise could lead to reduced job creation and tax revenue in the long run.
Jubel's growth continues, however, with the brand serving as the official beer partner for the Glasgow Commonwealth Games. Wilson remains focused on expanding the fruit lager market, though he expressed a preference for remaining a private company, finding it more liberating than the pressures of public markets. He also indicated that selling the business might be a future possibility.
Wilson, who grew up partly in Chicago, learned the value of hard work from a young age when his parents did not provide pocket money, teaching him that "if you want something you have to work for it." He now balances his entrepreneurial ambitions with family life, recently becoming a father.