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How Did Prime Become Worth $8 BILLION?!
Influenced by Dexerto
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03/11/2023
How did a drink created by two YouTubers scare Coca Cola? Here is the story of KSI, Logan Paul and their drinks brand Prime
Category
🎮️
Gaming
Transcript
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00:00
From YouTubers to owning a company worth over $8 billion dollars.
00:03
But how did Prime move so fast?
00:05
Introduced to the world in January 2022, Prime Hydration is a drink co-owned by YouTubers
00:10
KSI and Logan Paul that immediately revolutionised the market.
00:13
Through the pair's tens of millions of subscribers, their social media hype marketing generated
00:18
a demand that could not be filled.
00:20
As Logan and KSI fostered a culture around the drink through fan engagement, the other
00:24
owners of Prime moved forward with sponsorship deals that increased global reach, striking
00:29
deals with the UFC, football teams in England, Spain and Germany, as well as several huge
00:34
athletes.
00:35
And as sales for 2022 topped $250 million, there was a new announcement.
00:40
Prime Energy, a caffeinated and carbonated version of the drink, which arrived in 2023,
00:45
opening the brand up to its target audience in more ways than ever before.
00:49
And while regulatory issues such as bans in New Zealand have threatened to hinder the
00:53
company's progress, a range of new flavours and ties to some of the world's biggest sporting
00:56
events have ensured Prime is here to stay.
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