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CEO Susan Kim on how Kopari was at the forefront of the clean beauty trend

Modern Retail Podcast · with Susan Kim · April 11, 2024 · 34 min

Summary

Kopari CEO Susan Kim discusses how the brand achieved 45% revenue growth in 2023 by being an early mover in clean beauty. The episode reveals strategies for optimizing customer acquisition costs through diversified marketing, leveraging direct customer feedback via channels like Slack, and building an authentic brand community. This is a must-listen for DTC operators looking to build a resilient brand and optimize their marketing spend.

Key takeaways

Themes

dtc strategybrand & contentpaid acquisitioncustomer retention

Topics covered

clean beauty evolutioncustomer acquisition cost optimizationdiversified marketing channelsdirect customer feedbackbrand community buildingproduct diversification

Episode description

Every beauty startup these days describes itself as a clean beauty brand, but skin-care brand Kopari was ahead of the curve. "It's definitely table stakes now," said CEO Susan Kim. But, it wasn't always that way. "The way I think about clean is that back in 2015, it was a differentiator," Kim said. And that's what helped Kopari -- which makes products including cleansers, moisturizers, sunscreen and deodorant -- grow into the profitable brand it is today, with revenue growing 45% in 2023. Kim joined this week's Modern Retail Podcast and spoke about the company's rise, as well as how the company has evolved since she took on the role of CEO in 2020. Before she joined the brand, she said, "I remember thinking: I have to keep tabs on this brand." Cut to today and Kopari has launched into new areas like sunscreen, and has diversified its marketing to keep customer acquisition costs low. The company invests in performance media, earned media as well as other higher-funnel brand campaigns. "It's the harmony of all of those elements [coming] together that makes for a very efficient CAC," she said. Another important differentiator for Kopari has been speaking directly to its customers. The company has a Slack channel, for example, where it frequently talks with its people who use the products every day. "That's instantaneous feedback that's consumer-centric," she said. But beyond the feedback, Kim said these types of initiatives help the brand seem more human. "It allows us to have a community," she said. "That's really what it's about."

Frequently asked about this episode

What does this episode say about dtc strategy?
Early adoption of a trend like 'clean beauty' can be a significant differentiator, but brands must evolve their strategy as the trend becomes 'table stakes.'
What does this episode say about brand & content?
Diversify marketing spend across performance media, earned media, and brand campaigns to create an efficient customer acquisition cost (CAC).
What does this episode say about paid acquisition?
Implement direct feedback channels, such as Slack communities, to gain instantaneous, consumer-centric insights and foster a humanized brand connection.
What does this episode say about customer retention?
Proactively expand product categories (e.g., sunscreen) to sustain growth and adapt to market demands.
What does this episode say about dtc strategy?
Prioritize community building as a core marketing strategy to deepen customer relationships and gather valuable insights beyond transactional interactions.

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