A Spirited Odyssey Through Time
Ashwini Singh
Exploring the Fascinating Global History || Analytics Solutions Analyst at JPMorgan Chase & Co.
Welcome, to a journey through time, where we explore the legendary tale of Old Monk, a name that resonates in the hearts of rum enthusiasts across India and beyond. Picture the amber glow of Old Monk Rum, a concoction aged for seven meticulous years, teasing your taste buds with notes of caramel, chocolate, and vanilla. This isn't just a drink; it's a symphony of flavors, a journey into the heart of spirits.
Every Hero Has an Origin Story
The story begins with Edward Abraham Dyer, a Scotsman with a taste for brewing and a connection to the haunting history of the Jallianwala Bagh Massacre.
In 1855, he laid the foundations for what would later become the iconic Old Monk brand. Fast forward to the 20th century, when Colonel Ved Ratan Mohan, inspired by the lives of Benedictine monks, sets out on a mission to capture their serenity in a bottle.
In 1954, Old Monk was born – a tribute to monks finding solace in quiet contemplation.
There are a lot of theories on Old Monk’s name,? Some whisper of Colonel Mohan's mysterious encounters with Gumnami Baba,
while others root the name in the wisdom of an old British monk. Theories swirl like a good mix in a cocktail shaker, adding a touch of mystery to Old Monk's narrative.
Colonel Mohan's muse isn't just the monks; it's the British monk, the perfectionist behind Old Monk Rum. Launched in 1935, the brand pays homage to this sage, embodying wisdom and good company. Crafted for seven years with original mixtures, Old Monk becomes a symphony of caramel, chocolate, and vanilla notes. Handmade and unique, it defies storms in its low, wide form, a bottle that holds not just rum but stories.
Post-Independence: The Mohan Meakin Era
Post-independence, India witnessed a transformative saga in the brewing landscape. NN Mohan, seizing an opportunity, acquires the company that was once Dyer Meakin Breweries. Colonel Ved Rattan Mohan stepped into the spotlight, creating Old Monk in 1954. But here's the twist – Jawaharlal Nehru refuses to visit the brewery due to its Dyer association. The iconic figure on the bottle, a stout man, becomes a nod to H.G. Meakin. By 1980, the conglomerate evolved into Mohan Meakin Ltd.
As NN Mohan passed away in 1969, Colonel Ved Rattan Mohan assumed leadership, diversifying into cereals, fruit juices, and mineral waters. After Ved Rattan's untimely demise in 1973, entered Brigadier General Kapil Mohan, steering the company for 42 years.
Despite his instrumental role in making Old Monk a household name, Mohan leads a simple life and seldom indulges in drinking. Under Kapil Mohan's tenure, Old Monk's success continues, with new variations introduced, all while the company refrains from advertising, relying on the power of word of mouth.
Military Connection
Old Monk isn't just a drink; it's a symbol of patriotism and camaraderie. Beyond its popularity, it holds the honor of being rationed to India's Armed Forces. In 2017, a heartwarming tale unfolded at the Nathu La Pass in Sikkim. Soldiers from both sides find solace and connection over Old Monk Rum during bilateral meetings. In the harsh terrains along the India-China border, Old Monk becomes a symbol of shared warmth and mutual understanding. As geopolitical tensions simmer, Old Monk's unexpected role in diplomacy emerges as a beacon of warmth in the cold Himalayan landscape.
The Beginning of the End?
As the 21st century dawns, Mohan Meakin's legacy extends beyond beverages, embodying cultural connections and shared memories across generations. Yet, Old Monk faces challenges that threaten its existence. In 2005, Celebration surpassed Old Monk in sales volume, and the decline began.
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Distribution mismanagement and a battered brand image haunt Old Monk. Changes in government policies further plague the brand. The closure of the Lucknow brewery and the state takeover of liquor sales in Tamil Nadu dealt significant blows.
Old Monk's demise in popularity is exacerbated by the influx of foreign brands and diverse liquors in the Indian market. Once celebrated, it finds itself relegated to the bottom of bar menus, reserved for hardcore loyalists. The emergence of a new consumer class, willing to splurge on premium brands, deals a severe blow. Old Monk clings to affordability, losing its allure in the face of McDowell’s Celebration Rum's adaptability to premiumization.
The year 2009 marks a critical juncture as the Lucknow brewery faces an abrupt shutdown, allegedly orchestrated by underhand political dealings favoring Wave Distilleries’ Ponty Chada. In Tamil Nadu, the state takes control of liquor procurement, sidelining Old Monk. Aging leadership and resistance to change contribute to Old Monk's disconnect with the market. Despite offers from industry giants, Mohan Meakin resists partnerships or outright sales, leading to a decline that even loyal employees deem the result of management out of touch with the evolving business landscape.
Legends Never Die: The Resurgence
In 2015, Brigadier Kapil Mohan's retirement due to ill health marked a generational shift. The reins pass to a new guard represented by Vinay and Hemant Mohan, Brigadier Kapil Mohan's nephews. With Hemant as Managing Director, they confront the daunting challenges inherited from the past. The new management introduces premium variations of Old Monk, including the 12-year-old figurine-shaped bottle and the Legend.
Cost-cutting measures, such as outsourcing distribution to a third party, irk loyal customers accustomed to personal connections with the company's representatives.
Despite this, there are signs of improvement, with new product launches, rebranding initiatives, and a push towards premiumization with offerings like Old Monk Gold Reserve and Old Monk Supreme.
To counter the decline, Old Monk ventures into the ready-to-drink market in 2018, introducing a range of flavored rums, including cranberry, cola, mojito, and orange. Notably, the company relies solely on word-of-mouth, refraining from any promotional expenditure. In 2022, its closest rival, McDowell's Celebration Rum, sees sales lagging at less than half of Old Monk.
To rejuvenate the brand, Mohan Meakin introduces new variants like Old Monk Gold Reserve, Old Monk Supreme, and limited editions, strategically positioning Old Monk in the premium category. This move not only bolsters sales but also aims to attract millennials seeking a more sophisticated drinking experience. Embracing innovation, the brand ventures into the Ready-to-Drink category in October 2018. Old Monk's foray into this space includes enticing flavors such as Orange, Lemon, Apple, White Rum, Cola, Cranberry, and Mojito, challenging competitors like Bacardi's Breezer
.
The company addresses earlier issues, including the shutdown of loss-making entities like the glass factory and resolving troubles in Tamil Nadu. The leadership, however, remains adamant about Old Monk's continuity, dismissing rumors of discontinuation or sale. Yet, the battles are far from over. Fierce competition from global conglomerates, missed opportunities in emerging markets, and the surge in premiumization pose ongoing challenges. The company's ability to adapt to a changing landscape, diversify into export markets, and appeal to new demographics will determine its future. As the company diversifies into more export markets, navigates distribution challenges, and retains its existing customer base, the cautiously optimistic outlook suggests a potential renaissance for Mohan Meakin. India's representation in the spirits category may yet see a rejuvenated Old Monk taking its place among the world's cherished rums, appealing to a new generation of discerning drinkers. The journey continues, and only time will unveil the ultimate fate of this storied brand.
In the evolving landscape of the spirits industry, Hemant and Vinay Mohan envision a future where Old Monk reclaims its stature. The brand adapts to contemporary trends while retaining its timeless appeal. Old Monk becomes a choice that transcends generations, and its legacy lives on, ensuring its place in the annals of spirits history.
Old Monk Rum, one of the world's oldest and most sold, has garnered gold medals since 1982. Its deep brown-black hue and creamy consistency encapsulate a distinctive character, transcending borders to captivate Asia, America, and New Europe. It stands as a global icon, epitomizing the spirit of enduring craftsmanship and unparalleled taste.?
Old Monk is more than a beverage; it's a sip of memories that accompany individuals on their journey of 'coming-of-age.'?
Priced affordably, it stands as a symbol of India – robust, enduring, spiritual, and truly unique. For nearly a century, it has blended exclusive content and form, creating a legendary spirit revered globally.?
Mohan Meakin's saga, from colonial origins to 21st-century adaptability, stands as a testament to its resilience, diversified ventures, and the iconic Old Monk's role in shaping the company's identity in the hearts of millions.?
Old Monk's journey reflects the challenges faced by an iconic brand and its strategic adaptations to maintain relevance in a changing market.