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Cat Person co-founder Jimmy Wu on how the pet supplies industry could be pandemic-proof

Modern Retail Podcast · with Jimmy Wu · June 11, 2020 · 37 min

Summary

Despite launching amidst a global pandemic, Cat Person co-founder Jimmy Wu identified a critical market gap in the pet supply industry, focusing on the underserved cat owner demographic. By prioritizing a direct-to-consumer model and innovative product design, Cat Person achieved rapid initial success. This episode offers valuable lessons on strategic niche targeting, DTC execution during unpredictable times, and resilient brand building for e-commerce operators.

Key takeaways

Themes

dtc strategybrand & contentfounder & leadership

Topics covered

niche market strategydtc brand launchpandemic consumer behaviorpackaging innovatione-commerce resiliencepet supplies market

Episode description

As existing commerce companies adapt to survive a global pandemic, Jimmy Wu instead launched one. Cat Person sells cat food, toys, furniture and treats in a market that Wu sees as skewed toward dog owners. The coronavirus gave pause to Wu and his co-founder, Harry's alumnus Lambert Wang. "If we were in another category in another industry -- selling travel accessories, luxury fashion -- we probably would have made a harder decision" about delaying the brand's launch, Wu said on the Modern Retail Podcast. But more time at home has inevitably led to cat owners spending more time with their pets. "It felt like it actually was a good moment for us to launch, that people actually needed a service and products to help better connect and have a better relationship and interaction with their cat," Wu said. Since its start in late March, items like cat toys and treats have sold at three or four times the rate Wu first expected. Wu talked about why you won't find Cat Person on Amazon, his take on the DTC revolution and how the company's packaging itself can be turned into cat-pleasing objects.

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Frequently asked about this episode

What does this episode say about dtc strategy?
Target underserved niches: Cat Person's success by focusing on cat owners in a dog-centric market demonstrates the power of identifying and serving specialized customer segments.
What does this episode say about brand & content?
Leverage evolving consumer behavior: The pandemic-driven increase in time spent at home and pet interaction presented a unique opportunity for Cat Person; successful brands analyze and adapt to such shifts.
What does this episode say about founder & leadership?
Embrace DTC for control and connection: By avoiding Amazon, Cat Person maintains full control over brand experience, customer data, and direct relationships, which is crucial for building a strong brand.
What does this episode say about dtc strategy?
Innovate beyond the product: Cat Person's packaging that doubles as cat entertainment highlights how creative design can enhance user experience and product value.
What does this episode say about dtc strategy?
Prioritize agility and resilience: Launching and thriving during a pandemic underscores the importance of strategic foresight and adaptability in challenging market conditions.

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