The CEO reflects on the unique journey of Bushbalm, a brand that innovated the bikini line skincare category. Discover insights on how diverse marketing strategies, including retail partnerships and influencer collaborations, fueled their growth. Learn about the power of customer feedback in shaping product development and branding. The discussion also highlights the transition from direct-to-consumer to retail and the importance of building long-lasting relationships in influencer marketing. It's a fascinating look at navigating the beauty industry!
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insights INSIGHT
Building a New Category
Bushbalm carved out a new category called "bikini line skincare" focused on razor burn and ingrown hairs.
The existing market was outdated with few focused players, enabling niche opportunity.
question_answer ANECDOTE
Power of In-Person Feedback
Early customer feedback in person helped Bushbalm realize "pubic oil" was offputting.
Changing signage to focus on "ingrown hair prevention" dramatically increased interest.
question_answer ANECDOTE
Dragon's Den Experience Tips
On Dragon's Den, Bushbalm spent an uninterrupted hour and a half pitching and answering questions.
David advised staying positive as editing can skew reality, aiming for a TV commercial vibe.
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Pirates, Dreamers, and the Power of Decisive Action
Christopher Lochhead
Play Bigger, co-authored by Christopher Lochhead and several others, provides a framework for businesses to dominate their markets by creating new categories. The book emphasizes the importance of defining a unique market space, crafting a compelling narrative, and building a strong brand identity. It offers practical strategies for businesses to differentiate themselves from competitors and establish themselves as category leaders. The book's insights on category design, brand building, and market leadership have made it a valuable resource for entrepreneurs and business leaders. Its practical advice and real-world examples make it accessible and applicable to a wide range of businesses.
🔁 Recharge - Drive more revenue from your subscription strategy with meaningful insights, dynamic subscriber experiences, and a subscription core trusted by over 20,000 brands.🔗 https://getrecharge.com/💡 Building a Category: Bushbalm’s success stems from identifying and creating a new category (“bikini line skincare”), establishing themselves as experts, and building a strong brand identity.📈 Multi-Channel Strategy: The company’s growth is attributed to a diverse approach, including D2C, wholesale partnerships (waxing salons), and major retail partnerships (Ulta). They strategically manage the cross-promotion of these channels.🤝 Retail Partnerships: Securing retail partnerships requires a strong brand, consistent sales data, and addressing retailer needs. Investing in retail-specific marketing (signage, in-store promotions) is key.🗣️ Influencer Marketing: While one-off influencer collaborations can be helpful, building long-term relationships and providing influencers with valuable brand information yields better results.🗣️ Customer Feedback is Crucial: David stresses the importance of seeking early customer feedback and iterating on products and brand messaging based on this feedback.0:00 - Intro1:00 - David's background andstart with Bushbalm2:38 - Bushbalm's focus on bikini line skincare4:01 - Revamping product signage after feedback5:08 - Bushbalm's unisex and affordable product design10:14 - Expanding product line12:25 - Understanding retail buyers and their concerns14:03 - Bushbalm's experience on Dragon's Den16:10 - Bushbalm's post-Dragon's Den success17:31 - Growth through Facebook ads21:48 - Building long-term relationships through gifting rather than one-off promotions22:34 - Organic conversations and PR in marketing25:00 - Effectiveness of in-store signage for retail marketing26:05 - Is retail signage worth the investment?29:00 - Impact of retail presence on online sales and customer retention31:11 - Growth of Bushbalm Pro34:05 - Bushbalm's first live shopping event37:04 - Potential growth of Bushbalm Pro alongside DTC39:30 - Creating a new sales category40:04 - Challenges posed by competitors42:29 - Final chewFollow us, subscribe to our newsletter, and to see our exclusive merch check outhttps://chewonthis.io/Ron Shah - https://twitter.com/obviceoAsh Melwani - https://twitter.com/ashvinmelwaniChew On This - https://twitter.com/chewonthisdtc