Modern Retail Podcast artwork

Quip's Shane Pittson: Being in physical stores makes us more accessible

Modern Retail Podcast · with Shane Pittson · July 19, 2019 · 32 min

Summary

Quip, originally a DTC electric toothbrush brand, is strategically expanding beyond its initial model by entering physical retail partnerships with Target and venturing into healthcare services with Quipcare. This episode reveals how Quip is navigating omnichannel retail to enhance accessibility for customers while striving to maintain its brand experience across diverse sales channels. Ecommerce operators will learn about balancing direct-to-consumer strengths with broader market reach and service innovation.

Key takeaways

Themes

dtc strategyretail & omnichannelsubscriptions & ltvfounder & leadership

Topics covered

omnichannel retail strategydtc brand expansionretail partnershipshealthcare service integrationsubscription model expansionbrand experience managementcustomer lifetime value strategies

Episode description

Electric toothbrush DTC brand Quip wants to grow up, and it is doing so by going beyond DTC. As is common with many direct-to-consumer brands looking to scale, Quip participated in a pop-up, took to the New York City subways, and recently began selling its products in Target stores (although refills can only be bought directly from their website). Now, following the acquisition of dental insurance brand Afora, Quip is looking to expand its offering into services. Quipcare, which will be rolling out this summer in New York City, has two options that will let customers partake in either a pay-as-you-go model which offers services at a discount or a $25-a-month model that resembles traditional dental insurance. When asked about how the company plans to balance two very different businesses -- products and healthcare -- Shane Pittson, Quip's vp of growth, said it's all part of the same ecosystem. Customers can pick-and-choose which parts they would like to subscribe to, or they can subscribe to the full Quip "universe." On this week's episode of Making Marketing, Shareen Pathak sits down with Pittson to discuss how Quip learned from its DTC peers in its early days, why its move into Target is part of an accessibility-focused mission and how it's working to control the brand experience in places where it doesn't have total control.

Related episodes

Frequently asked about this episode

What does this episode say about dtc strategy?
Consider strategic retail partnerships (e.g., Target) to expand market reach and accessibility beyond DTC, even if it means less direct control over the brand experience.
What does this episode say about retail & omnichannel?
Develop a hybrid model that combines physical retail presence for initial product purchase with direct-to-consumer channels for recurring revenue (e.g., refills) to maintain customer relationships and LTV.
What does this episode say about subscriptions & ltv?
Explore vertical integration or service expansion (e.g., dental insurance/services for an oral care brand) to create a comprehensive 'ecosystem' and increase customer lifetime value.
What does this episode say about founder & leadership?
Learn from DTC peers' expansion strategies, identifying common pitfalls and successful approaches to scaling beyond online-only.
What does this episode say about dtc strategy?
Balance brand consistency and customer experience across all touchpoints, especially when diversifying into new retail channels and service offerings.

Listen