Smoker Subscription Model
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Austin proposes building a competitor to Traeger in the meat smoking space by creating a premium smoker brand combined with recurring pellet subscriptions and leveraging meat smoking influencers for distribution.
Key Points:
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Product Line:
- Premium smoker grills (~$1,500 price point)
- Monthly pellet subscriptions ($50/month)
- Compete with established brands like Traeger and Green Egg
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Target Market:
- Passionate meat smoking enthusiasts
- Growing niche with dedicated following
- Customers willing to spend significant money on equipment and supplies
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Distribution Strategy:
- Partner with meat smoking influencers
- Leverage existing content creators in Nashville and Texas
- Use influencers who already have millions of views on smoking tutorials
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Content Integration:
- Tap into existing content like "how to smoke a ribeye"
- "How to smoke a brisket" tutorials
- Build brand through educational content
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Revenue Model:
- High-margin hardware sales ($1,500 smokers)
- Recurring revenue from pellet subscriptions ($50/month)
- Potential for additional accessories and supplies
The business model mirrors successful brands like Traeger, which Austin notes is already a billion-dollar brand, but focuses on building through influencer partnerships and content creation in the meat smoking space.
15:31 - 18:53
Full video: 59:53AR
Austin Rief
Co-founded Morning Brew after graduating from the University of Michigan in 2017.
Built a successful business venture in the media industry.