One product, one plant, one
truck, and a multitude of love, care, and motivation can build a globally
renowned brand. Engaging himself in the Philippine workforce at the age of 17,
Mr. Alfredo M. Yao has proven that his formula to success is verifiable with
the experiences of his own corporation, Zest-O.
Celebrating 35 years of
touching lives this year, Mr. Yao mustered time to dive down memory lane –
immersing himself to both the struggles and the pay-offs that compose a good
fraction of his life.
THE FIRST BUSINESS VENTURE
Catapulting himself to the
business industry, Mr. Alfredo Yao built a printing press service directed to
various forms of product packaging. This business venture, which was called
Solemar, was named after his mother, Soledad.Mr. Yao was able to move the
company forward; extending their services to local candy and biscuit companies.
Later on, he successfully came to ties with multi-national brands such as Unilever,
Colgate-Palmolive, Procter and Gamble and some pharmaceutical companies to name
a few.
THE TURNING POINT
The year 1979 marked a
revolutionary business venture for Mr. Yao. Attending a trade exhibit in
France, he saw an opportunity no one in the country had foreseen. He was
introduced to the doypack technology, which became the mechanism and the heart
of his success. He purchased the machinery and was convinced that the
technology would be fitting for the Filipino consumer.Although at that time,
juice corporations showed low interest for his new packaging service, which
prompted the turning point of his career. The consequence of this fortunate mishap
produced what millions of people enjoy today – Zest-O Juice Drink. With the blows
and the no’s Mr. Yao received for his technological investment, he was directed
to journey to the business of juice drinks. Mon Dellosa, a UST Fine Arts
Professor, assisted in branding the promising product of Mr. Yao. He presented
the product design and gave an excellent, timeless brand name. Zest means
lively in English and citrus peel in French, while the letter “O” was added to
create a more round-sounding brand name.
THE BUILDING BLOCKS
Mr. Yao and his team cannot
say that introducing Zest-O in the market did not have its own set of
challenges. Having one product to sell was a trying factor in penetrating
supermarkets. The company was unknown at that time, which even added to the
snobbishness of retailers. But with the leadership and philosophies of Mr. Yao,
Zest-O eventually stormed the shelves of major supermarkets and sari-sari
stores– making them the number 1 juice drink in the country. His unparalleled
skill to push his people to work their hardest resulted to company growth and more
importantly, strong work relationships within their office.His business work
ethic earned him recognition in the business community, including the Ernst
& Young Master Entrepreneur in 2005. To add to that, Zest-O earned the
first and remains to be the only Filipino corporation that received the Most
Admired ASEAN Enterprise award for the innovation category in the ASEAN
Business Awards, Singapore.
With Mr. Yao’s never fading
determination to bring Zest-O to its well-deserved recognition, he was able to
multiple his product line from the Zest-O brand to forty other highly
competitive brands. To name a few, these include Zest-O Ready-to-Drink Juices,
Choc-O Chocolate Milk Drink, Zest-O Carbonated Soft Drinks, Quick Chow Noodles,
Sunglo, Big 250, Plus Juice Drink, Zest-O Iced Tea, OK, Jr, One Tea Bottled Tea
Drink,Slice Bottled Juice Drink and TitaFrita. Aside from the increase in the
number of products, Zest-O Corporation also expanded the number of their
plants, and trucks for product circulation. Currently, the company has 5 plants
and 13 branches nationwide to ensure that their products are widely available
and ready to consume by Filipinos.On top of that, Zest-O products are exported
to 44 countries such as the USA, United Kingdom, Dubai, Singapore, and more.
The expanded reach of the corporation even brought more fortune – acquiring plants
in the United States. Mr. Yao hopes that his products will soon be produced in
the US to capture an even bigger market.
THE ALFREDO M. YAO FOUNDATION
Jumping into business after his
high school education, Mr. Yao never had the chance to experience university
life as a whole.He spent 2 years in Mapua Institute of Technology but was
unable to finish his degree due to financial challenges. On his 60th
birthday, he decided to build the Alfredo M. Yao Foundation(AMY Foundation) to
financially help underprivileged kids finish their schooling. He says that it
is his way of paying back to society. For years, Zest-O Corporation has
implemented outreach programs and granted hundreds of scholarships to students
to secure their future.
THE WISDOM OF ALFREDO YAO
“I still dream of seeing
Zest-O become an international brand like a Coke or a Pepsi. I don’t stop
dreaming.” Mr. Yao confidently says that he and the rest of Zest-O Corporation
will continue to improve their products, build better facilities, and update
their technology in order to better serve the Filipino people.
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