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Mizzen and Main’s Kevin Lavelle: The DTC space will see 'a lot of carnage.'

Modern Retail Podcast · with Kevin Lavelle · April 11, 2019 · 38 min

Summary

In this insightful episode, Mizzen and Main founder Kevin Lavelle predicts a significant

Key takeaways

Themes

dtc strategybrand & contentfinance & fundraisingretail & omnichannel

Topics covered

dtc market sustainabilityventure capital in dtcdtc market shakeoutbrand building strategiesdigital vs. tv advertisingcustomer acquisition costsprofitability in dtccustomer loyalty and community

Episode description

There is no lack of success stories in the direct-to-consumer markets. But there are also questions being asked of how long the industry can sustain itself. With a plethora of new brands launched every day, built on VC money with tall growth targets, it's fair to ask if a shakeout is coming. Kevin Lavelle, founder and CEO of Mizzen and Main, a brand that sells men’s performance wear dress shirts, thinks a carnage is it's on the cards. Lavelle talks about building a brand, advertising on platforms versus TV and what’s in the future of the DTC space.

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Frequently asked about this episode

What does this episode say about dtc strategy?
Focus on sustainable growth and profitability over aggressive, VC-fueled expansion to survive the impending DTC shakeout.
What does this episode say about brand & content?
Differentiate your brand with a strong, unique value proposition and invest in product innovation to stand out in a crowded market.
What does this episode say about finance & fundraising?
Strategically diversify advertising efforts beyond pure performance marketing; consider traditional channels like TV for brand building alongside digital platforms.
What does this episode say about retail & omnichannel?
Prioritize customer loyalty and community building to reduce reliance on increasingly expensive customer acquisition and foster long-term brand resilience.
What does this episode say about dtc strategy?
Develop robust unit economics and efficient supply chains from the outset to ensure long-term profitability and stability.

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