South Korea: HiteJinro hopes to boost beer sales this summer with Terra, FiLite brands
HiteJinro hopes to boost beer sales this summer with its best-selling lager, Terra, and low-malt beer, FiLite, the Korea Times reported on July 28.
It has only been two years since the launch of Terra, but the brew has become one of the top-sellers here with its cumulative sales reaching 1.65 billion bottles as of March of this year.
Terra also holds another auspicious record.
Sales surpassed 1 million boxes just 39 days after its introduction, which is the fastest growth for a beer manufactured in Korea. Sales continued to rise to more than 1.3 million bottles sold by October 2020.
HiteJinro expects the popularity of its lager to continue this year. Unfazed by the resurgence of COVID-19 infections in the country, the brewer has targeted the niche market of people drinking at home.
HiteJinro decided to lower the price of canned Terra beer starting on July 14. Terra lager sold in 500-milliliter cans will be offered with a 15.9 percent discount.
FiLite is another popular alcoholic beverage manufactured by HiteJinro, the cumulative sales of which surpassed 1.2 billion cans as of June.
The low-malt beer comes in three different types: original FiLite, FiLite Fresh and FiLite Radler. The FiLite series was first introduced in April of 2017 and sales reached 1.21 billion cans just over four years later. The brewer says that nine cans of FiLite were sold every second during that time.
HiteJinro decided to renew the packaging design for FiLite last April.
"We are planning to approach our customers with the friendly image that we seek for our Terra and FiLite beers. We will continue communicating with customers," a HiteJinro official said.
E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at email@example.com .