Business 2.0: As an eager young buyer for gourmet market Cowan & Lobel in Albany, N.Y., Rachael Ray spent hours spying on customers, looking for tipoffs to new trends. One odd pattern she noticed again and again: Many well-to-do shoppers would bypass the produce section and head straight for the prepared-foods counter. That gave her an idea: Why not run a cooking class for harried consumers, showing them how to make gourmet meals in 30 minutes flat?
To Ray, it was just a small way to prop up grocery sales. But a decade later, that simple notion has turned Rachael Ray into a brand on par with Martha Stewart and created a small media empire worth a reported $10 million. Since its debut in 2001 on the Food Network, Ray’s top-rated cooking show, 30 Minute Meals, has spawned three more Ray-hosted shows on the network, 16 cookbooks, a self-titled national magazine, and even a syndicated daytime talk show.
One-man Brands [Business 2.0]
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