Donald Trump shows Trump Vodka |
US President Donald Trump. In a few days, he will take charge as the President of the United States for the second term. He has more recognition outside politics. He is a successful businessman. Along with politics, he is also running business. In this case, his name has become a brand.
Over the years Trump launched several products in his own name. The list includes the products from hats, books, Bibles to watches, bottled water and sneakers (a type of shoe). The market for these products is quite a hit. Now, vodka (a type of wine) is coming to the market in the name of Trump.
According to a report by CBS News, Trump's son Eric Trump is going to launch Trump-brand vodka. Work is underway on this. And if everything goes well, 'Trump Vodka' will be available in many places in the United States very soon.
Trump's son has a company called Eric Trump Wineries. The company will produce Trump vodka in collaboration with another company. However, he claims that the discussions are still at an early stage, nothing has been finalized.
In this regard, Eric Trump said this week, "We have been approached by several companies in light of the success of Eric Trump Wineries and Trump Cider in Charlottesville, Virginia. The offer is also quite tempting."
Of course, Trump vodka is not new. According to a report by the Wall Street Journal, in 2005, a licensing agreement was signed for Trump vodka and production and marketing began. At that time, Trump boasted that T&T (Trump and Tonic) would become the most sought-after hard drink in America.
However, despite its widespread publicity, Trump vodka was discontinued in the United States six years later in 2011. Trump vodka was not included in the list of assets that Trump released before the presidential election in 2016.
In business, Trump mainly uses his fame and name. He launched several products ahead of the presidential election last year. Among them, in February, he brought 'Trump sneakers' shoes to the market. The shoes were priced at $ 399.
Then, last September, Trump unveiled a series of wristwatches. Each of which is priced at $100,000. He has been selling Bibles under his own name for the past few years. In his financial statements released last year, he said he earned $300,000 from selling the Christian holy scriptures.