Prior to announcing our sharpened focus for 2017, I spoke with several of our closest mentors, investors, and supporters to share the news with them and get their thoughts. Overwhelmingly, their responses sounded something like the following:
“It’s about time.”
“What took you so long?”
“This is a no-brainer.”
While there are various reasons this focus didn’t happen sooner, we’re all excited about the new direction. In the minds of most everyone in The Brandery network, our decision to recruit and invest in digitally native vertical brands (DNVBs) and the retail/marketing tech companies that support them was a long overdue one. However, a lot of folks outside our network may be wondering why this is; after all, what’s so special about a midwestern city like Cincinnati compared to similar business ecosystems on the west and east coasts?
Cincinnati is BrandHUB USA.
More than anywhere else in the country, businesses here are equipped to build better brands. It started with Fortune 500 companies like Procter & Gamble, Kroger, and Macy’s establishing their headquarters in downtown Cincinnati. For a long time, these powerhouses developed incredibly strong internal organizations devoted to understanding their consumers, and thus built tremendous brand loyalty. Over time, these professionals went on to build independent agencies, consulting firms, and think-tanks dedicated to consumer marketing and branding. Today, Greater Cincinnati is home to more than 200 consumer product companies and upwards of 60,000 industry professionals, as well as several globally-renowned agencies. Nowhere else in the country can you find more consumer branding expertise per capita than right here in Cincinnati.
When The Brandery started in 2010, our goal was to leverage this unique and unfair advantage in developing the next great tech-enabled startups. Since 2010, we’ve paired each of our startups with an elite branding agency located here. These are agencies comprised of highly-talented professionals working with globally-recognized brands one day – then working with the young & hungry startups within our cohort the next.
It doesn’t stop with our agency partnerships; data science and analytics firms like Quotient (formerly Coupons.com), 84.51, The Nielsen Company, and others have all chosen to operate in Cincinnati because of the wealth of talent and customers they can find here. Many of our mentors work within these organizations, providing our startups with an intimate, insider’s knowledge of consumer understanding.
To be clear, branding is only one part of the equation. After all, what good is a solid brand and great customers if you can’t reach them? Being located in Cincinnati means easy access to 25 of the largest metro regions, over half of all US manufacturing establishments, and half of the US population. This is a major reason why Amazon is building their $1.5 billion Prime Air hub here, and why major logistics operations are locating here every month. This growth is perfect for small and up-and-coming retailers who may not be selling in brick-and-mortar yet and appreciate the ability to ship their products out quickly and efficiently.
If you’re a startup building the next great consumer brand or tech to support these brands, Cincinnati is the best place you can be. With more than 60,000 branding, marketing, and design experts within reach, The Brandery will help you accelerate your startup to success.