Transcript
A (0:01)
Welcome to We Fixed It. You're welcome. The show where we take over companies, you come along for the ride, and we try to put them back better than we found them. Welcome back to our show. We are so excited to be back. Hi, Melissa. Hi. We're here.
B (0:18)
Yeah.
A (0:19)
Hey, Chino. Hey.
C (0:20)
Super excited.
A (0:22)
It's been about a minute. So glad you're back with us. As everyone knows, this is season three of We Fixed It. You're welcome. If you've listened to our show before, you know, we typically start with a big company in the midst of some kind of, ugh, challenge where no one knows what's going to happen before the company can make the next move and maybe dig themselves in deeper. We fix it for them. Big billion dollar companies and we just fix them. No big deal. We're still going to do that. But sometimes, like today, we're going to start with a tricky situation and see how it impacts everyone involved. Companies, consumers, culture, you and me, it's all on the table. And what we're talking about today is Dry January. That's right. We've taken our show off ice after a break, but for many, the booze is staying cold. Every January, across the US and the world, millions of people voluntarily press pause on alcohol in an annual ritual called Dry January. It's not a law, not an official holiday, not a religious observance like Lent, but it still has a ripple effect. For one participant in Dry January, it's a personal decision, but multiply that by like 15 or 20% of the adult population, and suddenly we're talking a ton of consumers who are stopping their consumption for a month. And there are a lot of companies out there that can't afford an entire month of slow sales. So here's what we're fixing today. Is Dry January worth it? Yeah. There are health benefits, but does it actually do anything meaningful, or is it just an annual disruption that creates noise, causes an economic slowdown, and makes people rush back to their old behaviors in February? Let's get into it. Chino, Melissa, you ready?
B (1:56)
Yeah. Let's do it.
C (1:57)
Absolutely.
A (1:58)
All right, we're going to talk about this. So let's start with a little crash course in American history. Chino, you're our resident Canadian, but don't tune out. So in the United States, our relationship with alcohol has always been tricky. In the 1800s, the temperance movement preached that booze was the root of society's evils, leading eventually to Prohibition. And in 1920, when alcohol was literally banned by law. You can't have it that era was supposed to solve the problem of alcohol use, but instead it fueled illicit markets and crime and was ultimately repealed in 1933 with the 21st Amendment because it was clear that enforced abstinence could not override social behavior. So in other words, people got what they wanted back to the bar. So we're going to do a big time jump now. Booze is legal. It's everywhere. You, as long as you're of age and responsible, have at it. Spike your December eggnog. But in 2013, a UK charity called Alcohol Change UK proposed an event called Dry January, asking people to go alcohol free for the first month of the year as a way to reset and rethink their habits. Originally, only a few thousand people participated. Now it's kind of a big deal. And participation continues to grow as awareness spreads. And cutting down on drinking is not happening in a Vacuum. Across the US and Europe, overall drinking rates are declining. Gallup's 2025 consumption habits survey found that just 54% of US adults say that they drink alcohol. That's the lowest rate Gallup has recorded in nearly 90 years of tracking. That shift shows Dry January isn't just an isolated resolution. It's part of a broader rethinking of alcohol's role in life, especially among Gen Z, who as a generation is drinking less than their older counterpar. So you've got the entire alcohol industry already on shaky ground and then you throw in an entire month of voluntary abstinence on top of it. If those who do drink go right back to it in February, does Dry January actually accomplish anything? Should it go away? Or if society's drinking less anyway, should Dry January be an enforceable mandate like Prohibition, So at least there's more predictability in the market? Let's talk about it. Melissa, I know you've got some thoughts, so why don't you start us off?
