2X eCommerce Podcast artwork

S05 EP23: How Manly Bands is Transforming the Way Men Buy Wedding Rings

2X eCommerce Podcast · with Johnathan Ruggiero · June 18, 2020 · 70 min

Summary

Manly Bands scaled from zero to an 8-figure DTC business in three years by disrupting the traditional men's wedding ring market with a non-traditional strategy. This episode reveals their playbook for customer acquisition at different growth stages, inventory management, 3PL partnerships, and building a thriving company culture. Ecommerce operators will gain actionable insights into scaling, marketing channel optimization, and profitability.

Key takeaways

Themes

dtc strategypaid acquisitionsupply chain & operationsfounder & leadership

Topics covered

dtc business growth strategiescustomer acquisition by revenue stageinventory management and forecastingthird-party logistics partnershipsmarketing channel optimizationcpa managementcompany culture and team managementdisrupting traditional markets

Episode description

On today’s episode, you’re going to learn about how a non-traditional strategy helped this bootstrapped 8-figure direct-to-consumer brand disrupt the traditional men’s wedding ring vertical. Johnathan Ruggiero is the co-CEO of Manly Bands, a DTC brand that is redefining the wedding industry for men. He shares with us the strategies his team used to transform his Manly Bands from zero to an 8-figure business in just three years. In this episode, join Kunle and Johnathan as they discuss customer acquisition strategies at varying growth phases of the business; $0 - $1m, $1-10m and their current $10m+ On today’s interview, Kunle and Johnathan talks about, Inventory Management and Forecasting Working with 3PL Providers Customer Acquisition Strategy Retention Strategies Search Engine Optimisation Native Marketing Managing and Balancing CPA Display Advertising Google Ads, Facebook Ads, and other Acquisition Channels Their tech stack Building Culture and Managing Teams What It Takes to Grow an 8-Figure Business ----------- SPONSORS: This episode is brought to you by: Klaviyo This episode is brought to you by Klaviyo – a growth marketing platform that powers over 25,000 online businesses. Direct-to-Consumer brands like ColourPop, Huckberry, and Custom Ink rely on Klaviyo. Klaviyo helps you own customer experience and grow high-value customer relationships right from a shopper’s first impression through to each subsequent purchase, Klaviyo understands every single customer interaction and empowers brands to create more personalized marketing moments. Find out more on klaviyo.com/2x. Rewind This episode is brought to you by Rewind. The #1 Backup and Recovery App for Shopify and BigCommerce stores that powers over 25,000 online businesses. Direct-to-Consumer brands like Gymshark and Movement Watches rely on Rewind. Cloud-based ecommerce platforms like Shopify and BigCommerce do not have automatic backup features. Rewind protects your store against human error, misbehavi

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Frequently asked about this episode

What does this episode say about dtc strategy?
Implement a phased customer acquisition strategy, adapting tactics as your business scales from $0-$1M to $10M+ to optimize CPA.
What does this episode say about paid acquisition?
Leverage 3PL providers and robust inventory management/forecasting to efficiently handle demand fluctuations, especially crucial for seasonal products.
What does this episode say about supply chain & operations?
Prioritize building a strong internal culture alongside external growth strategies, as this is vital for rapid scaling and team retention.
What does this episode say about founder & leadership?
Diversify your marketing mix across SEO, native marketing, display ads, Google Ads, and Facebook Ads to create a resilient acquisition engine.
What does this episode say about dtc strategy?
Actively manage and balance CPA across all acquisition channels to maintain profitability while driving aggressive growth.

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