Diasporic Entrepreneurship in the Caribbean - Firm Profiles.pdf Vol 2 | Page 20

Agro-processing Firms 6. LEVI ROOTS Company Background: In January 2007, Levi Roots was invited on to the BBC show Dragons’ Den where he famously sang about his Reggae Reggae Sauce and became the most famous participant on the show.9 Two of the Dragons, Peter Jones and Richard Farleigh, invested £50,000 in the project in return for 40% of the company. Mr. Levi Roots, who was born in Jamaica as Keith Graham, left Jamaica at the age of 11. He resided in Brixton, Britain for his entire teenage and adult life. His passion has allowed him to integrate his Jamaican and Rastarian identity into his particular brand making it a phenomenon sensation. After the BBC show, Sainsbury’s agreed an exclusive distribution deal and within 6 weeks, the sauce was on UK shelves and the demand was significant. The product sold as soon as it was available and for a few weeks Reggae Reggae Sauce was out selling competitors such as Heinz. A follow-up episode of Dragons’ Den, aired on 18 July 2007, revealed that Sainsbury’s had expected the sauce to sell 50,000 bottles in its first year. In fact, it sold 40,000-50,000 bottles per week.10 The sauce is now stocked by all of the major retailers and the Levi Roots brand has been extended across a range of other products. Levi tests every product and only recipes that match his standards are approved, which are then manufactured by A.B World Foods. The famous green, yellow and red of the packaging combined with the guitar arm and silhouette of Levi himself, have become the mark of Caribbean cuisine in the UK, and has become a highly trusted and preferred brand. 9 Levi Roots Reggae Reggae Food Ltd. . “Levi Roots Company Information.” . http://www.leviroots.com/company-info/ (accessed April 6, 2014). 10 BBC. “Dragon’s Den Reggae Reggae Sauce.” . http://www.bbc.co.uk/ dragonsden/entrepreneurs/leviroots.shtml (accessed April 6, 2014). Levi Roots is the most distributed brand in Europe, according to Mr. Roots himself. Levi Roots sauce are in such high demand that restaurant chains such as Subway11, JD Wetherspoon, Hungry Horse, Slug and Lettuce and Scream Pub chain offer the sauce on various menu items. In July 2009, Birds Eye released chicken Chargrills in Reggae Reggae Sauce. In September 2010, Morrisons supermarket announced it would be carrying a range of Levi Roots sandwiches.12 In April 2011, Domino’s Pizza in the UK launched a limited edition “Reggae Reggae Pizza”, a combination of toppings with the Reggae Reggae sauce.13 In addition, in 2012 KFC launched a Reggae Reggae box meal, which depicts the success of the product in the UK market specifically. Since 2007, the product has experienced rapid booms and expanded by controlling its intellectual property components by utilizing its trademark and licensing; the company has done an excellent job in branding the product and finding new markets. This is also matched