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‘A tide that lifts all boats’: Hims co-founder Joe Spector on entering the pet telehealth space with Dutch

Modern Retail Podcast · with Joe Spector · November 4, 2021 · 27 min

Summary

Joe Spector, co-founder of Hims, is disrupting the pet care industry with Dutch, a new DTC telehealth platform for pets. This episode reveals his strategy for tackling regulatory hurdles and building trust to expand virtual veterinary services nationwide, offering a blueprint for entrepreneurs looking to apply proven DTC models to new, complex markets.

Key takeaways

Themes

dtc strategyfounder & leadershipbrand & content

Topics covered

pet telehealthdtc market entryregulatory hurdlesbuilding trustmarket opportunitytelemedicine expansion

Episode description

Telemedicine has taken the human world by storm, and Joe Spector thinks the next frontier is pets. Spector is the founder and CEO of Dutch, which offers telehealth services for pet owners -- connecting them with veterinarians virtually. He has some experience in this space as Spector is a co-founder of Hims -- another DTC telemedicine startup best known for its balding and erectile disfunction over-the-counter services. According to Spector, there’s a huge white space for pet care. “I just realized all this innovation that I was a part of on the human side [with Hims] just has not translated at all on the pet side,” he said on the Modern Retail Podcast. So, he decided to bring some of his expertise to the pet care space. Dutch launched this year and is still relatively limited in its coverage. It is available in eight states and offers support for behavioral issues like anxiety and skin issues like rashes for both dogs and cats. “We’ll be growing to having national coverage pretty soon,” One of the big hurdles he’s overcoming is red tape and protectionism. One may think that pet health regulations are more lax than those for humans, but Spector says that’s just not true. His mission, he said, is going state by stating and “changing that red tape.” It’s a playbook he’s familiar with, but that doesn’t make it easier. Right now, his focus is on making both customers and pet health professionals trust Dutch and understand the brand. “The ethos of the company is health care and actually solving the problem,” he said.

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Frequently asked about this episode

What does this episode say about dtc strategy?
Leverage your existing playbook: Spector applied lessons learned from Hims' direct-to-consumer human telehealth model to the nascent pet telehealth market, showcasing how transferable DTC strategies can be across different verticals.
What does this episode say about founder & leadership?
Prioritize solving "red tape" early: Acknowledge and actively address regulatory and protectionist hurdles from the outset, as these can significantly impact market entry and scalability in regulated industries.
What does this episode say about brand & content?
Focus on trust-building with all stakeholders: In healthcare, building trust with both the end-user (pet owners) and the professionals (veterinarians) is paramount for adoption and long-term success.
What does this episode say about dtc strategy?
Identify and target "white space" opportunities: Spector recognized a significant gap in pet care innovation compared to human healthcare, indicating a methodical approach to market analysis and opportunity identification.
What does this episode say about dtc strategy?
Start with specific, manageable offerings: Dutch launched with support for behavioral and skin issues, demonstrating a strategic approach to market entry before expanding to broader national coverage and service offerings.

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