Site Search:
 
Speak Korean Now!
Teach English Abroad and Get Paid to see the World!
Korean Job Discussion Forums Forum Index Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Lotte to sell its Kloud beer soon
Goto page 1, 2, 3, 4  Next
 
Post new topic   Reply to topic    Korean Job Discussion Forums Forum Index -> General Discussion Forum
View previous topic :: View next topic  
Author Message
dairyairy



Joined: 17 May 2012
Location: South Korea

PostPosted: Sun Apr 06, 2014 3:55 pm    Post subject: Lotte to sell its Kloud beer soon Reply with quote

Schlitz and Pabst are probably shaking in their boots. LOL



http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2987509

Quote:


A heartier taste means it won’t be suitable for mixing with soju

Lotte Liquor is throwing down the gauntlet in the domestic beer market by launching its first beer, Kloud.

Lotte Liquor said Friday that it is launching the new Kloud - which refers to Korea and a rich, cloud-like foam - to take on market leaders Oriental Brewery, which has 60 percent of the market with Cass and OB brands, and Hite Jinro, which has 40 percent.

The company said it will be the first beer made in Korea to use the original gravity method of production, which is used in Germany.

The gravity method does not add water to the fermented solution of raw materials, and beers manufactured that way have rich foam and taste.

At the Lotte Liquor beer factory in Chungju last Friday, an employee of Lotte Liquor poured a 330-milliliter (11-ounce) beer can into a cup on a table.

Instantly, the cup was filled with foam as if it were a bathtub filled with bubbles.

Kloud is a premium beer that uses European hops and yeast from Germany, the company explained.

“We chose the original gravity method to reflect the consumers’ dissatisfaction over the taste of beer currently available,” said a spokesman for Lotte Liquor.

“In order to emphasize that it is Korean beer, we used the letter K for Kloud,” said Woo Chang-kyun, marketing director of Lotte Liquor.

It also reflects its ambitions to seize the Korean beer market with richer foam, which rises like a cumulus cloud.

“While Cass and Hite are manufactured by adding water to the fermented raw materials, such as barley and hops, with an alcohol content of 6 to 7 percent, Kloud uses the fermented liquid of raw materials with an alcohol content of 5 percent.”

Opinions are divided in the liquor industry. Some say the new brand could create a whole new class of consumers. Others say the product is too different and will be shunned by consumers who are used to the taste of existing beers in Korea.

Chang In-su, CEO of Oriental Brewery, said at a recent press conference that Cass has already captured the Korean consumers’ taste.

Due to the unique Korean customs of combining soju with beer, some observers say that Kloud’s entry into the beer market will not be smooth.

But Lotte has chosen to take the bull by the horns.

“People are saying that South Korean beers taste worse than North Korean beers, and it’s because we are used to the light taste of beer that goes well with soju,” said Woo. “Kloud will be a beer for consumers who wish to drink beer only.”

“As Lotte has a wide retail network and experience in sales of soju, the success of Kloud will depend on how it will utilize those advantages,” said a researcher at Hana Daetoo Securities.

Lotte is expected to set the price of Kloud higher than that of Cass and Hite and lower than imported premium beers.

“The original gravity method of manufacturing takes 10 percent more in production costs than the high gravity production method of other Korean beers,” said Kim. “Our goal is to realize the taste and quality of imported premium beers at the price of Korean beers.”

“We expect to bring a change in the history of Korea’s beer industry, often reputed as ‘boring,’ with this kind of real beer,” said the Lotte Liquor spokesman.

The company plans to introduce Kloud at the end of April after holding an opening ceremony of its beer factory in Chungju, North Chungcheong, on April 8.

The company plans to invest 20 billion won for initial marketing costs and expand its production capacity up to 500,000 kiloliters by the end of 2017 from the current 50,000 kiloliters, or 2.5 percent of Korea’s domestic beer consumption.

BY KIM JUNG-YOON AND MOON BYUNG-JOO [[email protected]]



Back to top
View user's profile Send private message
Mix1



Joined: 08 May 2007

PostPosted: Sun Apr 06, 2014 4:34 pm    Post subject: Reply with quote

Klearly a lot of klever marketing went into this! Throw some kute models onto the ad posters and kall it a wrap. Kloud is coming! "Original Gravity!"

Interesting decision to say outright that it isn't suitable for mixing with soju. Hard to say if that will help them or not. It'll be interesting to see if it does well.

Can't blame them for trying, as it follows the general Korean business model of copying a foreign product to pawn off as their own creation. I wonder if they'll try to enter foreign markets by lowering the price or offering money back guarantees (ala the 10 year warrantee of Hyundae) to get a foot into the market.

With my experience with other Korean beers, I'm skeptical about this one too: Hopefully they left out whatever chemicals the other Korean beers are putting into their products that give wicked headaches and hangovers. They were bragging about the amount of foam: well let's hope they didn't just add some extra bubble bath mix to it.
Back to top
View user's profile Send private message
Unposter



Joined: 04 Jun 2006

PostPosted: Sun Apr 06, 2014 5:15 pm    Post subject: Reply with quote

I actually saw Milwaukee's Best "Premium" in E-mart the other day. I don't remember what it cost but I am sure it was a "small fortune."
Back to top
View user's profile Send private message
jazzmaster



Joined: 30 Sep 2013

PostPosted: Sun Apr 06, 2014 5:23 pm    Post subject: Reply with quote

Mix1 is spot on when he mentions the marketing. Essentially they aren't doing anything new. Chances are it will just be another mediocre adjunct lager for the Korean masses. All this talk of foam and gravity don't mean much if the ingredients are crap. Using European hops and yeast from Germany doesn't mean it will be a decent beer. How much hops are they using? What are they mixing it with? How many corners are being cut to make sure it's at a competitive price point?
With beer you get what you pay for. If you want a decent beer you pay the extra, and drink less. I'd rather have a couple of pints of Bill's Pale Ale or Magpie's Porter than all I can drink Cass/Hite/Kloud.
Back to top
View user's profile Send private message
Steelrails



Joined: 12 Mar 2009
Location: Earth, Solar System

PostPosted: Sun Apr 06, 2014 5:46 pm    Post subject: Reply with quote

Mix1 wrote:

Can't blame them for trying, as it follows the general Korean business model of copying a foreign product to pawn off as their own creation. I wonder if they'll try to enter foreign markets by lowering the price or offering money back guarantees (ala the 10 year warrantee of Hyundae) to get a


Dude, its frickin beer. Lighten up. If some Mexican company come out with a Vodka or some Swedish company decided to whip up some whiskey, possibly using some foreign production methods, I don't think anyone here would link it to culture and the technological sector.

It's frickin beer. If it tastes good, then its all good. Anyways, don't knock it till you've tried it. Korean beers are fine with Korean food and that's about it. Maybe suitable for beer pong. If I'm at a bar, I'd rather have something imported. A Suntory/Bell's Two-Hearted/Wiehenstephaner Heffeweissen/Magic Hat #9/Third Coast/Negra Modelo/Tetley's wouldn't go down well with Samgyupsal or Dalkgalbi. In that case, bring on the Hite. Conversely, going to a nice pub and being subjected to Cass would be like going to a concert and forced to wear ear plugs.

The biggest problem with Korean beer is the buzz. Everyone knows the joy of the wine buzz. It's great (till the next day). Magkeoli can give you a good, happy buzz, heck even soju (sometimes). Korean beer just never gives you the kind of happy buzz that other beers give (I'd rate Suntory, Pacifico, and Guinness as some of the great "buzz" beers.

I tried Queen's Ale, meh. It's no Suntory. Anyways, Kloud sounds like it should be blue colored and served at some bar that blasts Eurotrash music.

And Korea should get into the pepper-infused Soju concept ala Absolut Peppar. I think it would go down well here.

Anyways, someone posted this over at that other site (I just lurk there), and I have to repost it here- What's wrong with the beer we got?!?

https://www.youtube.com/watch?v=2cj5IFdapS8&noredirect=1
Back to top
View user's profile Send private message
Scorpion



Joined: 15 Apr 2012

PostPosted: Sun Apr 06, 2014 6:01 pm    Post subject: Reply with quote

Some of the folks over at those 'hater' blogs are just going to love this name? First 'Mother's Finger, 'Ricetards', 'Magic Hole'...and now 'Kloud'.

Krazy stuff. Very Happy
Back to top
View user's profile Send private message
wishfullthinkng



Joined: 05 Mar 2010

PostPosted: Sun Apr 06, 2014 6:27 pm    Post subject: Reply with quote

an utterly terrible terrible name for a beer. i'd fire those marketing clowns at lotte if i worked there.
Back to top
View user's profile Send private message
Zyzyfer



Joined: 29 Jan 2003
Location: who, what, where, when, why, how?

PostPosted: Sun Apr 06, 2014 6:42 pm    Post subject: Reply with quote

I wish them luck but I expect that they will fudge the price to perceived value ratio.
Back to top
View user's profile Send private message
Sister Ray



Joined: 25 Mar 2006
Location: Fukuoka

PostPosted: Sun Apr 06, 2014 6:44 pm    Post subject: Reply with quote

[quote="Steelrails"]
Mix1 wrote:

Korean beer just never gives you the kind of happy buzz that other beers give (I'd rate Suntory, Pacifico, and Guinness as some of the great "buzz" beers.



I'm not a big drinker but it seems to me if they are all using the same active ingredient (ethanol) at a similar concentration 4-5% then the physiological effect should be the same. How do you account for the difference in, to use your words, "buzz"?
Back to top
View user's profile Send private message
atwood



Joined: 26 Dec 2009

PostPosted: Sun Apr 06, 2014 7:18 pm    Post subject: