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The Tech Strategy Podcast

How Beauty Brand Depology Grew to $20M in Ecommerce Sales in 3 Years (Growth Tactics Series)

Jul 3, 2024
Alex Lee, CEO of Depology, discusses how they grew to $20M in sales in 3 years. Topics include transitioning to skincare, using Facebook ads and influencers, customer retention, content creation in the beauty industry, challenges from influencers launching brands, and seeking inspiration from young entrepreneurs.
33:10

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Quick takeaways

  • Depology's success stemmed from early adoption of Facebook ads in 2019, generating significant revenue swiftly.
  • Deepology focused on customer engagement, loyalty, and personalization to transform into an 'entertainment company' in skincare.

Deep dives

Growth Story of Deepology Skincare Brand

Deepology, a skincare brand focusing on South Korean beauty products, grew rapidly through effective digital strategies. Founded by Alex Lee, the brand's success was attributed to early adoption of Facebook ads in 2019, swiftly generating substantial revenue within weeks of inception. Transitioning from a generic e-commerce model to a specialized skincare brand in 2020 proved pivotal, leveraging high margins and customer engagement.

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