John Joseph Bello (March 30,
1946 in New Britain,
Connecticut
) is a marketing executive and entrepreneur best
known for creating and building the SoBe brand of New Age
beverages.
Bello, the son of the late Generoso “Jerry” and Edith (Melito)
Bello, is a 1964 graduate of Plainville (Conn.) High School, where
he played football, was
student
council president and was named to The
National Honor Society. (Generoso
Bello, a first-generation American born to Italian immigrant
parents, lived in Italy between the ages of 3 and 18, returned to
the U.S. in 1931 after escaping Mussolini's reign of terror.)
Bello went
on to matriculate at Tufts University
in Medford, Mass., on a Navy ROTC
scholarship. There, he played football for two years, played
in a
rock band called “The What Four,” and
was awarded a
bachelors degree in
history in 1968. While at Tufts he also met the love of his life,
the former Nancy Nelson, to whom he was married on Sept. 6,
1969.
Upon his graduation from Tufts, Bello served a four-year stint the
Navy that included a
tour of duty in
South Vietnam where he was responsible
for running a commissary on the
Mekong
Delta. There, he began to develop his business acumen, managing
60 soldiers who were responsible for running the base store as well
providing food and drink for 24 riverboats on combat missions.
Bello achieved the rank of Lieutenant (Senior Grade) and received
the
Navy Commendation Medal with
Combat V for meritorious service.
After he
returned to the States, Bello entered Dartmouth College
, where he was an Edward
Tuck Scholar and graduated cum
laude with an MBA in 1974. His first foray into the
business world was with
PepsiCo, where he
worked in marketing and
strategic
planning positions. He moved on to
General Foods, where he was involved with
brand management with the Sanka and
Maxwell House franchises. He also
picked up some experience with athletic wear, serving as product
director for Keds Brand footwear.
In 1979, he joined the
National
Football League, where he ascended to the position of president
of
NFL
Properties in 1987. At NFLP, he is credited with transforming
licensed apparel from a
small
business selling novelty merchandise in
specialty stores into must-have fashion,
particularly among urban consumers and teens, sold at major chain
sporting goods and
department stores. In the process, during
Bello's tenure at NFLP, the business from $30 million in
retail sales to $3 billion when he left in 1993.
In doing so, Bello created a
business
model that is now followed by the merchandising arms of all pro
and
college sports teams, leagues
and associations.
Bello left the NFL on Labor Day in 1993 amid controversy—he was
forced out by then-NFL Commissioner
Paul
Tagliabue for a
conflict of
interest (investing in a
trading
card company that NFL Properties did business with) -- and
headed back to the beverage business, taking a sales job with
Brooklyn, NY-based Ferollito, Vultaggio and Sons, makers of AriZona
iced tea. But after about six months with
AriZona, Bello's entrepreneurial spirit took over, and he left
AriZona to create a partnership with Kevin McGovern and Tom Schwalm
that became the South Beach Beverage Company, named after the
trendy section of Miami.
The new company, based in Norwalk, Conn., marketed so-called "New
Age" beverages—exotic juice blends and ready-to-drink iced teas—but
got off to an inauspicious start. Perceived as nothing more than
just another "me too" brand by distributors and mom & pop
retailers up and down the street,
South
Beach faced formidable competition from its predecessors,
including Snapple, Mystic,
Nantucket
Nectars and AriZona. South Beach needed a real point of
differentiation in the marketplace, and it was here that Bello's
marketing savvy turned the company's fortunes around.
Since the natives of South Beach called their enclave "SoBe," Bello
decided to re-launch the brand under that moniker. Then, he would
add
trace elements of various herbs and
nutrients—such as ginseng,
ginkgo biloba,
guarana, carnitine, Echinacea, yohimbe, taurine and praline—and
promoted their benefits beyond hydration. He launched a "3G" line
of drinks, all of which included energy boosters ginseng, ginkgo
biloba and guarana. He also expanded the brand's iced tea portfolio
to include such exotic offerings as
Black
Tea,
Oolong Tea (with
bee pollen), Green Tea (with Echinacea) and
Red Tea (with selenium). Under Bello's direction,
SoBe launched a line of "3C" Elixirs (containing calcium, carnitine
and chromium) in envelope-pushing varieties such as Orange-Carrot,
Orange Tomato (including lycopene), Energy (with guarana, yohimbe
and arginina), Power (taurine, creatine and praline), Zen Blend
(triple ginseng tea with schizandra), Wisdom (with ginkgo biloba,
St. John's wort and
gotu kola) and
Eros (with
dong quai, damiana,
foti and zink).
He was also the creative force behind the now-famous
dueling-lizards design, which has become an iconic logo in the
consumer packaged goods industry. Finally, he gave the brand an
"attitude" by enlisting the likes of athletes who were famous, but
somewhat out of the mainstream—such as bombastic golfer
John Daly and downhill skier Bode Miller—as
official spokespersons for the brand.
Bello, himself, took a lead role in the company's
guerrilla marketing effort, proclaiming
himself as the "Lizard King" in
radio
advertisements. (At speaking engagements, Bello was fond of
saying outrageous comments such as, "Other brands give you graphics
that look like
Peter Max. We max your
peter!")
Then, the SoBe marketing team, led by Bello, approached independent
Snapple distributors—those wholesalers that had non-exclusive deals
with Snapple, which was then far and away the New Age beverage
king—and offered them a deal they couldn't refuse: very high
margins and a small chunk or equity in the company.
The result was nothing short of astounding. After coming from
literally nothing in 1995, SoBe's sales climbing from $67 million
in 1998 to $167 million in 1999. The following year, the brand
literally took off, riding the "good-for-you" trend among American
consumers to break the quarter billion dollar barrier in
2000.
No longer a niche brand, the CSD giants,
Coca-Cola and PepsiCo, both attempted to acquire
Bello's quirky beverage brand to enhance their own portfolios.
Pepsi eventually won out, purchasing South Beach Beverages for a
reported $370 million cash on October 30, 2000.
In 2001, he was named Ernst & Young's Entrepreneur of the Year
in the
Consumer Products category
for his accomplishments at SoBe.
After Pepsi acquired the brand, Bello stayed on as the unit's CEO
for three years before leaving to test the waters with other
brands, experiencing varying degrees of success.
In 2003, Bello and another veteran marketer, Bruce Burke, took on a
small Tennessee-based line of food and beverages, Firefighter
Brands. Burke was in charge of marketing the company's beverage
line, while Bello worked on the food portfolio, called the
"firehouse kitchen" line of baked nacho and
kettle chips,
trail
mix,
beef jerky and chili. All
Firefighter Brands products sported a proprietary
Maltese cross logo. (A
non-compete clause in his
buy-out with Pepsi precluded Bello from participating
in the beverage side of the company.)
In 2005,
Bello signed on as chairman with Soup Kitchen International, which
marketed soups made by Al
Yeganeh
, the New York-based soup chef made famous as the
"Soup Nazi" on the popular Seinfeld TV show, for retail
stores, and developed franchised restaurants.
In the spring of 2006, Bello was appointed
Chairman of the Board of the
IZZE Beverage Company, a maker of
sparkling juices. He is also a partner with Sherbrooke Capital, a
growth capital firm dedicated to
investing in leading, early stage health and wellness companies
that led the $6.35 million equity-financing round for IZZE in early
2005. In addition, he serves on the board of Boathouse Sports, a
Sherbrooke
portfolio company. He
is also President of JoNa Ventures, an investment and
strategic management company.
Bello resides in Rye, N.Y. with his wife of 38 years, Nancy. The
couple has three children: Lauren (30), Lindsay (28) and John
Michael (19).
References