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Bloomscape founder Justin Mast on shipping living things and why it acquired a plant care app

Modern Retail Podcast · with Justin Mast · October 1, 2020 · 29 min

Summary

Bloomscape founder Justin Mast discusses the unique challenges and innovative solutions behind shipping live, often large, plants directly to consumers. Learn how Bloomscape achieved significant growth and customer loyalty through proprietary shipping methods, strategic funding, and the acquisition of a plant care app to enhance the post-purchase customer experience.

Key takeaways

Themes

dtc strategysupply chain & operationscustomer retentionfinance & fundraising

Topics covered

shipping live plantsecommerce logisticssupply chain innovationapp acquisition strategycustomer engagement platformsseries b fundingmillennial consumer trendsfounder storyperishable goods shipping

Episode description

Some DTC founders pick a sector just because they spy an opportunity. Bloomscape founder Justin Mast said did that too with his direct-to-consumer plant company, Bloomscape, that he founded in 2018. But he had a bit of a leg up, as he's also a fifth-generation greenhouse grower. His parents met in a greenhouse, in fact. Bloomscape ships thousands of plants a week, including full-grown ones that only survive within a narrow set of conditions. "The thing we did differently was to say 'how do we do this for a six foot tall tropical plant?'" Mast said on the Modern Retail Podcast. "I want to be able to ship that to Boston in the dead of winter." Bloomscape ships even the most fragile of plants through an advanced system of storage in greenhouses, and through innovative shipping patents and soil mixes. The company has seen year over year growth, as well as a huge spike in demand over the last few months. This week, in fact, the company announced that it raised a $15 million Series B, and acquired the plant care app Vera. Mast said the app acquisition is a way to keep more customers invested in the vegetation they purchase. Mast sees the pandemic as an accelerant for the millennial generation's belated settling down. "We're now settling into our lives, starting to settle down into homes and get a little more inward with our lives," Mast said.

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Frequently asked about this episode

What does this episode say about dtc strategy?
Bloomscape leverages proprietary shipping patents and soil mixes to successfully deliver delicate, full-grown plants, even in extreme weather conditions, showcasing the importance of innovating supply chain for fragile products.
What does this episode say about supply chain & operations?
The acquisition of the plant care app Vera demonstrates a strategic approach to customer retention and engagement, aiming to support customers post-purchase and build long-term loyalty beyond the initial sale.
What does this episode say about customer retention?
The episode highlights the opportunity for DTC brands to capitalize on shifting consumer behaviors, such as the millennial trend towards 'nesting' and investing in their homes, using this to drive demand and growth.
What does this episode say about finance & fundraising?
Vertical integration, stemming from the founder's fifth-generation greenhouse growing background, provided Bloomscape with a unique advantage in understanding and optimizing the plant supply chain from cultivation to delivery.

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