The Bottom Line: Ecommerce Tactics for Profitable Growth artwork

Ep #023: The power of celebrity: How A-list talent has grown HexClad (with Jason Panzer)

The Bottom Line: Ecommerce Tactics for Profitable Growth · with Jason Panzer · May 18, 2023 · 43 min

Summary

HexClad president Jason Panzer reveals how the brand achieved nine-figure status and leveraged an A-list celebrity, Gordon Ramsay, to build brand awareness and drive growth. This episode provides a rare look into the strategies behind a rapidly scaling ecommerce brand utilizing high-profile endorsements and community-led marketing.

Key takeaways

Themes

brand buildingecommerce growthinfluencer marketingmarketing strategy

Topics covered

celebrity endorsementcommunity buildingcostco retail strategyd2c growthmedia efficiency ratioorganic social media buzzproduct-market fit

Episode description

In this episode, we’ll talk to Jason Panzer, the president of HexClad. We will be talking about having top-tier celebrity talent as the face of their brand. We get into what is equity, how they structure their agreement, how they get in touch, and just really the story of Gordon Ramsey and HexClad and how that has transformed their brand in the past couple of years. TIMESTAMPS [02:40]: Jason's background [03:53]: About HexClad [06:24]: HexClad’s annual growth revenue [09:27]: HexClad’s Influencer marketing budget [13:41]: Marketing influencer approach process [17:49]: Partnership negotiation conversation with Gordon Ramsey [22:15]: Other HexClad partners [26:01]: Negotiating with Gordon Ramsey [27:47]: Gordon Ramsey's value [31:14]: Gordon Ramsey's impact on HexClad [32:05]: Attributions of Gordon Ramsey [34:22]: Marketing performance progress [35:56]: Gordon Ramsey's deliverables [37:53]: Jason's advice to upcoming influencer marketers [40:34]: When should you consider a big influencer? Jason Panzer: Twitter Cody Wittick: Twitter‍ Taylor Lagace: Twitter

Frequently asked about this episode

What does this episode say about brand building?
Product quality is foundational: HexClad attributes its success directly to having a superior product that organically generates customer enthusiasm and word-of-mouth marketing.
What does this episode say about ecommerce growth?
Community-building is a powerful, low-cost growth lever: The organic emergence of a 10,000-member HexClad Facebook group provides invaluable insights and customer support without direct company investment.
What does this episode say about influencer marketing?
Strategic gifting to influencers and celebrities builds organic virality: Instead of solely relying on paid posts, HexClad’s consistent gifting strategy to A-list talent, influencers, and press has led to widespread organic content creation on platforms like TikTok.
What does this episode say about marketing strategy?
MER (Media Efficiency Ratio) is a key performance indicator: HexClad focuses on MER as a primary metric to gauge marketing effectiveness, aiming for a 5x MER.
What does this episode say about brand building?
Leveraging unique retail channels for brand exposure: Initially, HexClad utilized Costco roadshows in 2017 as a crucial grassroots strategy to get products in front of thousands of potential customers, even as a direct-to-consumer focused brand.

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