Brave Commerce

Hosted ByRachel Tipograph & Sarah Hofstetter

MikMak Founder & CEO Rachel Tipograph and Profitero’s President Sarah Hofstetter tackle what’s relevant in eCommerce today for the world’s biggest brands. Each episode they’ll share tips worth millions in sales, while interviewing the bravest marketers on how to navigate eCommerce’s latest consumer and retailer dynamics.

BRAVE COMMERCE | Episode Kerry Sullivan of Versed: Scaling Indie Beauty with Big Brand Expertise

Brave Commerce
Brave Commerce
BRAVE COMMERCE | Episode Kerry Sullivan of Versed: Scaling Indie Beauty with Big Brand Expertise
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On this episode of BRAVE COMMERCE, hosts Sarah Hofstetter, President of Profitero, and Rachel Tipograph, Founder & CEO of MikMak, sit down with Kerry Sullivan, CEO of Versed. Kerry shares her career journey from leading iconic beauty brands at Neutrogena and Dollar Shave Club to helming Versed, a rising skincare brand. She discusses the unique challenges and opportunities of transitioning from established corporations to a fast-moving indie brand and how her vast experience in beauty commerce gives her a competitive edge.

Kerry dives into the differences between managing large, structured organizations and working alongside visionary founders like Katherine Power at Versed. She reflects on the importance of adopting a “scrappy” mindset, leveraging big brand best practices while embracing the agility required to scale emerging brands. Kerry also shares her approach to recruiting for growth-stage companies and the critical role of immersing herself in various aspects of the business, from marketing to warehouse operations.

As Kerry discusses the evolving beauty landscape, she emphasizes the importance of authenticity, understanding consumer needs, and balancing new trends with proven business practices. Her insights into modern influencer marketing, the future of TikTok Shop, and global expansion make this a must-listen for anyone interested in the future of beauty brands.

Key Takeaways:

  • The power of merging big-brand expertise with indie brand agility to foster growth and innovation.
  • Insights into navigating full-funnel marketing strategies for emerging beauty brands in today’s digital and retail environment.
  • The importance of human touch, authenticity, and strategic risk-taking in building successful beauty brands.

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See omnystudio.com/listener for privacy information.

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Speaker 1: On a small brand, you don’t have a big media

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Speaker 1: study to tell you exactly what to do. So really

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Speaker 1: understanding the different levers that will reach or have reached

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Speaker 1: our target audience. They capture their whole heart. They see

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Speaker 1: it then multiple times. And you’re really following through a

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Speaker 1: much more complex journey now. People aren’t just clicking because

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Speaker 1: you served them an ad. To your point, the D2C brands,

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Speaker 1: I think, have learned that quickly and over time. You

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Speaker 1: need to be able to hear it from a friend,

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Speaker 1: see it in a store, catch a glance of an ad,

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Speaker 1: hear a creator you trust and care about talk about it,

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Speaker 1: and then be in the store or online at the

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Speaker 1: right time that it’s time to replenish. And that’s a

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Speaker 1: multifaceted journey that you have to build a marketing funnel for.

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Speaker 2: Welcome to today’s episode of Brave Commerce.

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Speaker 3: I’m Rachel Tippegraph, the founder and CEO of Micmac.

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Speaker 2: I’m Sarah Hofstetter, president of Profitero, and.

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Speaker 3: This is a show that talks about what’s relevant in

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Speaker 3: e-commerce for the world’s biggest brands. Sarah, if you could

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Speaker 3: spend your work hours doing any particular task or role,

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Speaker 3: where do you naturally go?

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Speaker 2: Executive assistant.

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Speaker 3: Meaning just like getting tasks done or?

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Speaker 2: I love the Tetris of scheduling.

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Speaker 4: It’s terrible.

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Speaker 2: Oh, it’s like me loving to organize my fridge. I

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Speaker 2: just like things, you know, being very neat and stuff.

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Speaker 2: I have rarely done well with assistants in the past

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Speaker 2: because I think I just enjoy it. I enjoy doing

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Speaker 2: that work. I think if I’m like done working, but

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Speaker 2: I don’t want my brain to just deteriorate, I might

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Speaker 2: just be somebody’s executive assistant.

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Speaker 4: Okay, that’s good to know.

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Speaker 3: All right.

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Speaker 5: Yeah, yeah. How about you?

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Speaker 3: Me, it’s marketing. I just naturally lean there. I love

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Speaker 3: to pontificate every which way for us to dominate the

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Speaker 3: market and steal share from competitors. And if I could

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Speaker 3: just do that all day long, I would be happy

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Speaker 3: to do it.

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Speaker 2: That’s fair. That’s probably a better answer. And actually one

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Speaker 2: I wouldn’t even realize that I’m naturally gravitating into. And

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Speaker 2: it’s very hard. It’s very, very hard because I come

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Speaker 2: from the world of PR and then marketing. And so

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Speaker 2: I remember when I got to Profitero, my immediate instinct was,

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Speaker 2: let me dive into the marketing and see what’s going

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Speaker 2: on there. And I immediately drove Mike Black crazy because

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Speaker 2: he was, I got this. You go run the company.

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Speaker 2: We lean into a muscle that is not just familiar,

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Speaker 2: but where you feel you can be super helpful and

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Speaker 2: you feel like you can have immediate impact.

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Speaker 1: Yeah.

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Speaker 3: And I mean, there is the saying, strengthen your strengths.

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Speaker 3: But I do think as a full P & L owner,

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Speaker 3: you got to be able to operate the entire thing

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Speaker 3: and not just where you gravitate towards. On that note,

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Speaker 3: there’s an amazing marketer who’s been a part of my

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Speaker 3: and Micmac’s life through a few of her roles, where

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Speaker 3: she led marketing for Neutrogena, then Dollar Shave Club, But

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Speaker 3: she now finds herself in the seat as the CEO

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Speaker 3: of Versed Skincare, which is a disruptive skincare brand. And

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Speaker 3: we learned from Keri on kind of her first year,

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Speaker 3: the lessons that she learned in terms of moving from

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Speaker 3: the CMO role to the CEO role. So on that note,

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Speaker 3: let’s bring Keri onto the show and learn from her. Today,

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Speaker 3: we are very excited to have Keri Sullivan, the CEO

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Speaker 3: of Versed, onto the show, who you might not know

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Speaker 3: of this brand yet, but you soon will. And so, Keri,

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Speaker 3: thanks for joining us.

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Speaker 4: Thank you. Thank you for having me. Happy to talk

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Speaker 4: all things beauty commerce.

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Speaker 3: Well, I was so excited when you said yes, because

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Speaker 3: many of our listeners have a similar resume to you,

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Speaker 3: but have not taken the leap of faith to go

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Speaker 3: to small or challenger brand. And you and I met

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Speaker 3: when you were at J & J, now known as Kenview,

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Speaker 3: and you were running the Neutrogena business. And then we

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Speaker 3: met again when you went to Dollar Shave Pub, which

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Speaker 3: at this point was owned by Unilever. And now you’re

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Speaker 3: at Versed, which is a brand that’s rising, but might

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Speaker 3: not be known to all. And so based on your

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Speaker 3: bigger company experience, How do you feel like that’s given

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Speaker 3: you a competitive advantage in your current role? And where

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Speaker 3: do you have to get upskilled?

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Speaker 4: I’m really enjoying this next chapter of my career in

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Speaker 4: smaller brands.

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Speaker 1: I would argue faster moving brands, which has been really,

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Speaker 1: really fun. The two entities that you mentioned, I think

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Speaker 1: an important note, great big brands that I learned a

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Speaker 1: lot from. Obviously, many, many years working on the J &

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Speaker 1: J beauty portfolio, Neutrogena specifically. where I can bring a

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Speaker 1: lot of best practices, retail relationships, all the things that

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Speaker 1: I learned to smaller brands. And I’m so excited to

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Speaker 1: be doing that in this next kind of era.

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Speaker 4: Of my career.

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Speaker 1: And obviously Dollar Shave Club, which is such a privilege

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Speaker 1: to do some of the same with Unilever, but on

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Speaker 1: a really digitally native brand.

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Speaker 4: Which is just a whole other skillset that now I have.

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Speaker 1: That I can bring to again, these newer beauty brands.

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Speaker 1: The first one I’m really excited to work with a

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Speaker 1: founder directly on. The part of my resume that you

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Speaker 1: don’t see as much on LinkedIn is that I actually

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Speaker 1: spent many, many years on merger and acquisition committees, meeting

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Speaker 1: with founders, looking at brands that bigger companies might be

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Speaker 1: able to help scale to the next level.

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Speaker 4: And I just fell in love with talking to founders.

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Speaker 1: And I loved that part of my job so much

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Speaker 1: because I could think about how these brands could be

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Speaker 1: the next Neutrogena or the next Aveeno or… do something

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Speaker 1: really different in the market than some of the legacy

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Speaker 1: brands have done.

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Speaker 4: And I just loved founders. They thought differently.

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Speaker 1: They moved fast. They were demanding in a really unique way.

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Speaker 1: And I just had this moment where I wanted to

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Speaker 1: go actually work side by side with a founder, not

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Speaker 1: be on the other side of the table, but be

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Speaker 1: with them to bring the expertise, but also learn the

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Speaker 1: unique way these smaller, more indie, more upstart brands were

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Speaker 1: building a brand new playbook and being able to bring

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Speaker 1: both together, I think is my secret sauce because I’ve

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Speaker 1: spent so much time with founders that I can walk

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Speaker 1: the talk. I can kind of go founder mode, scrappy,

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Speaker 1: always have even on bigger brands. But then when I

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Speaker 1: need to go more like manager mode and big company

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Speaker 1: process and get a big deck together for target, I

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Speaker 1: can do that too. And so I love flexing both.

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Speaker 1: And I actually have realized upon reflection that I’ve been

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Speaker 1: doing both for a long time.

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Speaker 2: I love pulling on all of the muscles because you

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Speaker 2: kind of don’t know from a career perspective where your

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Speaker 2: story is going to end up leading to. So the

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Speaker 2: things that become part of your unique arsenal is what

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Speaker 2: makes you where you are. But nobody would have written

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Speaker 2: that job description until you’ve had all of those different

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Speaker 2: kinds of experiences. So I’m sure that when this opportunity

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Speaker 2: presented itself, you’re like, oh my gosh, I was totally

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Speaker 2: born for this.

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Speaker 4: Yeah. I wanted to find.

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Speaker 1: The right founders to work with, Catherine Power, who founded

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Speaker 1: Versed Skin, is certainly one of those prolific visionary founders,

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Speaker 1: but very business-minded founders. And finding that right founder where

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Speaker 1: you could see eye to eye, or if and when

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Speaker 1: you disagree, you do so on the basis of really

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Speaker 1: great dialogue is exactly the name of the game to

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Speaker 1: find kind of your right match. The one thing that

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Speaker 1: I’ve really learned a lot about in this kind of

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Speaker 1: earlier stage growth company is actually staffing and recruiting. When

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Speaker 1: I was at bigger brands, people always would say, and

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Speaker 1: I think it was right, hire kind of a complimentary

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Speaker 1: team around you. You grow up as a marketer, make

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Speaker 1: sure you have a good salesperson. And I think that

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Speaker 1: that can be true depending on the situation. I’ve actually

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Speaker 1: found in this earlier growth stage, hiring people that already

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Speaker 1: have your skill set so you don’t gravitate there and

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Speaker 1: actually digging in in the beginning and learning the things

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Speaker 1: you’re not as good at so that you then, when

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Speaker 1: you go hire for it permanently, you know exactly what

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Speaker 1: you’re looking for because you’ve done the work. So it’d

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Speaker 1: be so easy for me as a brand manager, marketer,

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Speaker 1: retail marketer, to want to gravitate toward those activities disproportionately.

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Speaker 1: But one thing I had to learn as a smaller

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Speaker 1: company was go to the warehouse first, understand what consumer

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Speaker 1: comments were coming in through CX, get into the balance sheet,

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Speaker 1: understand the cash position, not outsource that to a big

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Speaker 1: finance team just because you’re marked as a marketer in

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Speaker 1: a big company. So actually I’ve done the opposite so far.

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Speaker 1: And eventually you hire complimentary skills, but If you hire

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Speaker 1: people who have the skill set you do, then you

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Speaker 1: don’t have to worry about gravitating toward the things you’re

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Speaker 1: just going to naturally spend time on. You’re going to

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Speaker 1: learn new things and get sharper at the other parts

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Speaker 1: of your business, which being part of an end-to-end P &

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Speaker 1: L leader, you have to understand everything and you have

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Speaker 1: to know exactly how to recruit, even if you didn’t

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Speaker 1: grow up with exactly that skill set.

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Speaker 3: At what point in your journey with Burst did you

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Speaker 3: realize that?

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Speaker 1: I think six months in, knowing I wanted to move

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Speaker 1: fast and we had a lot of growth opportunity ahead.

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Speaker 1: And as a fast-moving brand, a lot we wanted to

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Speaker 1: go chase in short order and lots of market opportunities.

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Speaker 1: And my reflection was, I’ll spend all my time doing

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Speaker 1: marketing and retail meetings if I’m not careful. And I

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Speaker 1: need to know that the warehouse is prepared for this expansion.

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Speaker 1: I need to find contract manufacturers that are really interesting

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Speaker 1: to work with. I don’t have a big R &

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Speaker 1: D team that can tell me where we’re going to

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Speaker 1: go source this from and As soon as I saw

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Speaker 1: a plethora of market opportunities and the pace we were

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Speaker 1: meant to move at, I started to think really differently

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Speaker 1: about how I could approach this challenge.

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Speaker 2: Really interesting, especially in the context of your experience and

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Speaker 2: almost like not leaning into the muscle you’re used to.

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Speaker 2: When I think about, you know, Dollar Shave Club, there’s

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Speaker 2: so many immediate things that you say, oh yeah, I’ve

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Speaker 2: used that trick before. Or, you know, I know this works,

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Speaker 2: although the market’s always changing. Influencer marketing is changing. Direct-to-consumer

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Speaker 2: has become challenged in different ways. So now you’ve got

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Speaker 2: both of these different experiences. You’ve got the bigger company experience.

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Speaker 2: You’ve got what it’s looking like at first. You’ve advised

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Speaker 2: founders before. You talked about upskilling in different ways. What

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Speaker 2: was the biggest unlock as you’ve thought through that? You’ve

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Speaker 2: talked about finance teams going to the warehouse. What’s the

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Speaker 2: thing that surprised you the most?

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Speaker 1: What surprised me the most was how quickly you can

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Speaker 1: kind of assess what you what you need, the clearer you,

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Speaker 1: not that you’re going to do the job perfectly as

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Speaker 1: well as an expert or a specialist, but getting in

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Speaker 1: there and getting a little bit, getting pretty dirty and

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Speaker 1: understanding the space and the skill sets that’s needed, the

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Speaker 1: success factors and benchmarking to different people in the space

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Speaker 1: that have those experiences. It also really pushed me to

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Speaker 1: network in a really different more disruptive way because I

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Speaker 1: wanted to compare notes. I wanted best practices. I wanted

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Speaker 1: to be at industry events. Is that even the right

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Speaker 1: vendor to partner with? What are other brands that are

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Speaker 1: non-competitive learning and seeing? In a big company, you also

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Speaker 1: network a lot within your own company because there’s a

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Speaker 1: lot of resources to do so. There’s a big, bad

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Speaker 1: world out there of people who are doing really cool,

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Speaker 1: smart things that don’t have your company letterhead that are

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Speaker 1: really fun to compare notes with. The second that that

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Speaker 1: started to happen, I started to get a lot of

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Speaker 1: connections going and learning a ton from different business operators,

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Speaker 1: other heads of marketing, general managers, what they were seeing,

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Speaker 1: what they were doing. I was able to really compare

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Speaker 1: notes a lot faster and it’s thrilling to be able

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Speaker 1: to network in that way.

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Speaker 3: So your founder of Burst, Catherine, she was kind of

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Speaker 3: one of the first millennial influencers. Now she’s turned that

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Speaker 3: into a lot of different businesses, one being Burst Skin.

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Speaker 3: The playbook in terms of influencer marketing, creator marketing, whatever

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Speaker 3: word you choose to use, has evolved. And direct-to-consumer brands

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Speaker 3: that used to be built in the backbone of Instagram

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Speaker 3: and Shopify have also been challenged in recent years. Now

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Speaker 3: that you’ve been in this seat, leading verse, what do

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Speaker 3: you feel is the playbook to build modern-day consumer brands?

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Speaker 4: Yeah, the playbook first is know where the sweet spot is.

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Speaker 1: Consumer is, and I don’t mean demographically, but just really

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Speaker 1: get in her head, his head, their head of who

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Speaker 1: they are, what their day-to-day world is, and what their

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Speaker 1: pain points are. Make sure your brand and your top

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Speaker 1: products have a market fit to address that and are

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Speaker 1: going to solve a real problem and not just add

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Speaker 1: more problems or complications, but really you’re going to go

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Speaker 1: after the bigger insights or pain points or difficulties in

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Speaker 1: their day-to-day or routine and.

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Speaker 4: From there, figure out how they’re going to see a

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Speaker 4: lot of you.

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Speaker 1: You can’t just do lower funnel meta retargeting if you

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Speaker 1: want to talk to new people. And so a full

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Speaker 1: funnel approach, being willing to do creator work that’s much

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Speaker 1: more top of funnel, much more awareness driving, which is

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Speaker 1: harder to measure. And so as a business operator, as

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Speaker 1: a former CMO, you always have a finance team wanting

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Speaker 1: to understand the ROI of everything, a real robust approach.

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Speaker 1: full marketing plan that’s really going to make a brand

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Speaker 1: sing is going to have very, very strong top and

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Speaker 1: bottom funnel bets, even within creators and influencers. So sometimes

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Speaker 1: you’ll want to measure them based on ROI, but sometimes

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Speaker 1: you’re doing them for a longer vision on the brand

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Speaker 1: and who you want to be working with and showing

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Speaker 1: up with. And being willing to take risks and have

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Speaker 1: that full funnel approach has been a huge unlock, I think,

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Speaker 1: just in the industry in general, where everyone was looking

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Speaker 1: at last click and talking about attribution. On a small brand,

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Speaker 1: you don’t have a big media study to tell you

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Speaker 1: exactly what to do. So really understanding the different levers

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Speaker 1: that will reach or have reached our target audience. They

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Speaker 1: capture their whole heart. They see it then multiple times.

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Speaker 1: And you’re really following through a much more complex journey

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Speaker 1: now of people aren’t just clicking because you served them

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Speaker 1: an ad. To your point, the D2C brands, I think,

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Speaker 1: have learned that quickly and over time. You need to

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Speaker 1: be able to hear it from a friend, see it

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Speaker 1: in a store, catch a glance of an ad, hear

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Speaker 1: a creator you trust and care about talk about it,

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Speaker 1: and then be in the store or online at the

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Speaker 1: right time that it’s time to replenish. And that’s a

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Speaker 1: multifaceted journey that you have to build a marketing funnel for.

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Speaker 3: In all of that, given how loud the media can be,

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Speaker 3: what’s the role of TikTok in building an emerging brand?

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Speaker 1: We have to be everywhere our consumer is. We don’t

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Speaker 1: get to decide everything. that we’d rather be in one

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Speaker 1: place or another. TikTok is my belief, not just Gen Alpha,

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Speaker 1: Gen Z. We’re very squarely and a lot of Catherine

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Speaker 1: Power’s brands are very much multi-generational, but definitely sweet spot.

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Speaker 4: Upper Millennial, Gen X, they’re on TikTok. I look at

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Speaker 4: all of our own behavior.

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Speaker 1: It’s not just a viral trend-driven platform. It’s a platform

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Speaker 1: for authentic creators to share their stories, share their endorsements.

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Speaker 1: TikTok shop is incredibly exciting because of that. I think

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Speaker 1: that will be very interesting to watch over the next year,

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Speaker 1: year and a half and where that goes. But that

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Speaker 1: is not just a Gen Alpha, Gen Z playground at all.

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Speaker 1: There are real authentic creators that are connecting with their audiences.

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Speaker 1: And as a brand, if that’s where your audience is,

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Speaker 1: ours is Upper Millennial Gen X, that’s where we’ll be.

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Speaker 1: And those are the creators we’ll build relationships with across

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Speaker 1: whether it’s YouTube, TikTok, Meta, Pinterest, you name it. We

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Speaker 1: want to be with the creators that matter most to

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Speaker 1: our consumer.

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Speaker 2: Because it’s always so changing, what do you think are

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Speaker 2: the big headwinds and tailwinds? I mean, TikTok is a

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Speaker 2: very good point, but whatever the marketing darling du jour is,

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Speaker 2: it’s more than just marketing to your point. So what

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Speaker 2: do you see as the bigger headwinds and tailwinds? Even

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Speaker 2: if we look back the past five years in the

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Speaker 2: world of beauty, skincare was up during COVID, then cosmetics

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Speaker 2: came back in when we started coming out again. are

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Speaker 2: supply issues, pricing issues, there’s always a thing. What do

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Speaker 2: you think of the future things that are going to

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Speaker 2: be big swings?

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Speaker 1: Yeah, well, I think we all know that lipstick will

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Speaker 1: keep enduring. That’s not going anywhere. All joking aside, I

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Speaker 1: think as we think about the next year or two,

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Speaker 1: there’s been a real frenzy around beauty in the US

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Speaker 1: in particular, that’s been exciting for brands. And it’s brought

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Speaker 1: in the next generation of consumers, it’s made consumers who

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Speaker 1: maybe had Legacy routines, really reconsider them and reevaluate and

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Speaker 1: change up their routine. Try some new products because they’ve

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Speaker 1: heard about the rampant enthusiasm in skincare, body, hair, color,

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Speaker 1: you name it. And I always say that beauty is

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Speaker 1: largely economy and recession proof. It’s just that different habits

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Speaker 1: and practices change in the context of different stages. So

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Speaker 1: beauty is not going anywhere. The question is just what

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Speaker 1: do people need in the next year, year and a half?

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Speaker 1: For us, it’s really about a human touch. authenticity, a

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Speaker 1: bit of reality. You don’t need the next viral thing

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Speaker 1: that your 10 friends said if it doesn’t work for

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Speaker 1: your skin. We want to be talking authentically. And I

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Speaker 1: really believe brands will win the day if they really

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Speaker 1: understand what you need, right? Sarah, what you need versus Rachel,

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Speaker 1: what you need is different. You can trade notes, but

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Speaker 1: your skin is very different. Your lives are different. The

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Speaker 1: conditions you exist in are different. The beauty look you

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Speaker 1: want is different. And so really understanding people at a

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Speaker 1: much more human level and And while I love data

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Speaker 1: and I love tech and I love all of the

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Speaker 1: things we have to enable our plans and brands now,

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Speaker 1: talking to consumers is going to win the day right

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Speaker 1: now when people want a much more humble, authentic take

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Speaker 1: on a brand. They want to see the people on

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Speaker 1: the brand and know that they’re real. They want to

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Speaker 1: hear directly from somebody that doesn’t sound like a consumer

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Speaker 1: service rep. They want real advice. And then be able

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Speaker 1: to show off and talk about the results that they’re

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Speaker 1: actually getting in their skin. And to me, that’s a big…

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Speaker 1: important one on the horizon to recognize, the authenticity piece.

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Speaker 1: I think a headwind to that is obviously AI is.

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Speaker 4: Super tempting and exciting.

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Speaker 1: And I think when used in the right way, it

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Speaker 1: will bring a lot of good to brands and what

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Speaker 1: we can do in terms of the future of marketing,

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Speaker 1: how it can help you crowdsource ideas, write some early taglines.

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Speaker 4: But if we’re solely.

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Speaker 1: Relying on AI, we lose that human touch as brands.

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Speaker 1: And so balancing the new and shiny tech with what

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Speaker 1: is the tried and true, which is people just want

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Speaker 1: to hear from you and know that you’re going to

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Speaker 1: make a difference in their lives and not forgetting that

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Speaker 1: in a world that’s becoming ever more advanced. The other

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Speaker 1: headwind is there’s a prolific number of innovations and molecules

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Speaker 1: and new vendors coming out to bring new skincare to

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Speaker 1: the market. I think a headwind is we could all

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Speaker 1: add way too much into the category and confuse the

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Speaker 1: consumer even further. So being really judicious about why are

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Speaker 1: you launching a new product and Is it really different

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Speaker 1: than what’s on the market or what you offer today?

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Speaker 4: And is it going to make a meaningful difference? And

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Speaker 4: are people going to love using it?

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Speaker 1: Like not just to launch it, to launch it because

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Speaker 1: it has the next trending ingredient, but there are many,

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Speaker 1: many more options for us as product developers and really

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Speaker 1: being thoughtful about which ones so that we don’t contribute

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Speaker 1: to continued category proliferation is a big one. And then

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Speaker 1: my last one is just global marketplace. We started in

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Speaker 1: the US in a really big way. But even a

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Speaker 1: brand that is largely US-based, we’re in Canada, we’re in

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Speaker 1: the UK, continuing to be globally aware is so, so important.

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Speaker 1: The trends that are influencing the US beauty consumer, how

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Speaker 1: the US dermatology practice is now influencing the global marketplace,

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Speaker 1: and then even just supply chain. I mean, there are

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Speaker 1: container ships backed up in every port right now in

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Speaker 1: the country. And that’s because you have to understand that

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Speaker 1: to run a business because the world is changing and

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Speaker 1: the global marketplace changes. means that you have to really

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Speaker 1: understand what’s happening outside of the boundaries of the countries

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Speaker 1: you choose to compete in.

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Speaker 3: Perfectly well articulated. When you think about headwinds and tailwinds

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Speaker 3: as it applies to channel distribution, especially maybe not having

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Speaker 3: the leverage of Neutrogena or Unilever behind you, how have

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Speaker 3: those conversations evolved with your retail partners?

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Speaker 4: Going from big to small?

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Speaker 3: Yeah.

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Speaker 1: It’s been exciting for me to be able to bring

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Speaker 1: A lifetime of relationships to some of the smaller brands,

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Speaker 1: you know, some of the buyer merchant partners I’ve called

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Speaker 1: on for many, many years and have great friendships and

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Speaker 1: relationships and know what they’re looking for at the same time.

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Speaker 1: on a smaller brand, what’s been just a breath of

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Speaker 1: fresh air is they just want to know what’s happening

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Speaker 1: out there in the world. They want interesting new perspectives

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Speaker 1: on trends. They want to ideate with you. We talk

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Speaker 1: about being in the kitchen and bringing some early formulas,

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00:20:04,700 –> 00:20:06,990
Speaker 1: even if we don’t think they’re perfect, we want their input.

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00:20:07,470 –> 00:20:09,570
Speaker 1: There’s both being buttoned up when it’s time for the

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00:20:09,630 –> 00:20:13,470
Speaker 1: final sell and pitch, but also just being real in

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00:20:13,490 –> 00:20:18,280
Speaker 1: the day-to-day and bringing them things that bigger companies aren’t

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00:20:18,340 –> 00:20:21,480
Speaker 1: necessarily wanting or able to bring, which is a real

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00:20:21,560 –> 00:20:24,419
Speaker 1: pulse on culture, interesting new trends, a vision into where

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00:20:24,440 –> 00:20:26,780
Speaker 1: the category might be headed. I think they’re just having

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00:20:26,800 –> 00:20:29,010
Speaker 1: a lot of fun in the meeting and being creative

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00:20:29,050 –> 00:20:31,670
Speaker 1: together to build the business. You can get the formal

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00:20:31,690 –> 00:20:33,909
Speaker 1: pitch together when it’s time for the big line review,

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00:20:33,970 –> 00:20:36,650
Speaker 1: et cetera, but just being really close with them and

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00:20:37,450 –> 00:20:39,639
Speaker 1: make your merchant or your buyer famous. What’s it going

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00:20:39,660 –> 00:20:42,920
Speaker 1: to take to make them super, super famous within their

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00:20:42,960 –> 00:20:46,320
Speaker 1: own walls? Because you made them smarter, more inspired, brought

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00:20:46,359 –> 00:20:49,800
Speaker 1: them the best trends. It’s less about the PowerPoint deck

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00:20:49,840 –> 00:20:52,430
Speaker 1: and the final sell-in and the pitch. It’s about being

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00:20:52,450 –> 00:20:54,409
Speaker 1: in the mix and in the day-to-day so you can

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00:20:54,430 –> 00:20:57,750
Speaker 1: keep bringing them what can be really disruptive to their categories.

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Speaker 3: Love that. We have to ask you our famous last question,

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00:21:01,600 –> 00:21:03,710
Speaker 3: which is what’s the bravest thing you’ve ever done?

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00:21:03,730 –> 00:21:06,610
Speaker 4: I love that. And you said personal or professional, right?

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00:21:06,650 –> 00:21:09,310
Speaker 4: So I have a range of options, which is very exciting.

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00:21:09,630 –> 00:21:09,950
Speaker 5: Yeah.

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00:21:10,369 –> 00:21:14,409
Speaker 1: I think the biggest risk I ever took, scariest thing

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00:21:14,470 –> 00:21:17,840
Speaker 1: I ever did was both personal and professional. I had

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00:21:17,880 –> 00:21:22,379
Speaker 1: a great Neutrogena career, family nearby in the US personally,

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00:21:22,400 –> 00:21:27,020
Speaker 1: two very little kids, very busy career, two career household.

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00:21:27,800 –> 00:21:29,399
Speaker 1: And I woke up one day and was like, I

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00:21:29,440 –> 00:21:31,639
Speaker 1: want to go work in Asia. And I didn’t know

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00:21:31,680 –> 00:21:33,040
Speaker 1: how I was going to do it. I didn’t know

437
00:21:33,060 –> 00:21:35,629
Speaker 1: if it was possible. I just knew I was ready.

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00:21:35,930 –> 00:21:38,070
Speaker 1: I had learned every US retailer. I had worked in

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00:21:38,210 –> 00:21:41,910
Speaker 1: every category in beauty. I still loved Neutrogena and wanted

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00:21:41,950 –> 00:21:45,169
Speaker 1: to do more for Neutrogena, but knew that something was

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00:21:45,210 –> 00:21:47,669
Speaker 1: happening in beauty in Asia that was really important and

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00:21:47,710 –> 00:21:49,909
Speaker 1: in commerce. And I wanted to be part of that future.

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00:21:50,150 –> 00:21:52,800
Speaker 1: And I also wanted the personal challenge of being able

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00:21:52,859 –> 00:21:55,480
Speaker 1: to work in different cultures in a more immersive way.

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00:21:56,100 –> 00:21:57,939
Speaker 1: And I raised my hand to be moved to Asia.

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00:21:57,960 –> 00:22:00,940
Speaker 1: And the company said, yes, we were on a plane

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00:22:00,980 –> 00:22:04,170
Speaker 1: two months later, moving two little kids and two careers

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00:22:04,369 –> 00:22:06,889
Speaker 1: and a life before I even had a chance to

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00:22:06,950 –> 00:22:09,590
Speaker 1: think about that. To be honest, I’d never been to Singapore.

450
00:22:09,950 –> 00:22:12,240
Speaker 1: I’d never been to Asia. I’d never worked in these

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00:22:12,300 –> 00:22:15,540
Speaker 1: cultures and suddenly I’m repping this brand in a really

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00:22:15,600 –> 00:22:16,480
Speaker 1: new area.

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00:22:16,660 –> 00:22:18,399
Speaker 4: I did have doubts of what the heck have I

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00:22:18,440 –> 00:22:18,810
Speaker 4: just done?

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00:22:18,830 –> 00:22:21,310
Speaker 1: And this is the best thing I’ve ever done in

456
00:22:21,350 –> 00:22:23,670
Speaker 1: my life and my career was taking a big risk

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00:22:23,710 –> 00:22:27,610
Speaker 1: and a big chance at a much more disruptive, immersive experience.

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00:22:28,010 –> 00:22:28,910
Speaker 3: How long did you stay?

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00:22:29,109 –> 00:22:32,080
Speaker 1: I told my father we’d stay 18 months pro grandpa

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00:22:32,150 –> 00:22:34,680
Speaker 1: and we stayed for four years and we resisted even

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00:22:34,700 –> 00:22:35,780
Speaker 1: leaving as early as we did.

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Speaker 4: Wow. Because it was so additive to my perspective.

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00:22:39,940 –> 00:22:43,690
Speaker 1: It’s permanently formed my view on how you build businesses,

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00:22:43,850 –> 00:22:47,030
Speaker 1: how consumer trends travel, how you should push your comfort

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00:22:47,050 –> 00:22:49,189
Speaker 1: zone personally to travel in places that you feel you

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00:22:49,210 –> 00:22:52,210
Speaker 1: have no business being. And also really taught me to

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00:22:52,290 –> 00:22:56,210
Speaker 1: listen in new, unique situations, like really listen to different

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00:22:56,810 –> 00:23:00,630
Speaker 1: cultures and understand the context and perspective in a much

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00:23:00,670 –> 00:23:01,150
Speaker 1: richer way.

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00:23:01,710 –> 00:23:04,369
Speaker 3: Well, Carrie, it’s clear that you’re listening in your new

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00:23:04,450 –> 00:23:07,020
Speaker 3: role at Verse. You talked about listening in the warehouse,

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00:23:07,080 –> 00:23:10,440
Speaker 3: to your consumers, to your retail partner. So it’s really

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00:23:10,480 –> 00:23:13,020
Speaker 3: amazing to see how that experience has shaped you.

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00:23:13,340 –> 00:23:14,560
Speaker 4: Thank you. Thank you for having me.

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00:23:14,720 –> 00:23:17,020
Speaker 1: A lot of things to come on Verse ahead. And

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00:23:17,119 –> 00:23:19,400
Speaker 1: so just so, so excited to see both of you

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00:23:19,480 –> 00:23:22,940
Speaker 1: and connect again. And Rachel, it’s been fun to have

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00:23:22,980 –> 00:23:24,830
Speaker 1: you in the mix on every brand I’ve been on

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00:23:24,869 –> 00:23:26,200
Speaker 1: in the recent history.

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00:23:26,400 –> 00:23:28,710
Speaker 3: Carrie, if people want to check out Verse, where should

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00:23:28,730 –> 00:23:31,330
Speaker 3: they go? They go to Target. They go where.

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00:23:31,609 –> 00:23:34,669
Speaker 4: Yeah. Run, don’t walk to Target. It’s all there.

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00:23:35,010 –> 00:23:38,150
Speaker 1: And if you’re sitting on your couch, verskin.com is there

484
00:23:38,190 –> 00:23:41,180
Speaker 1: for you too. So is target.com, which is a really

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00:23:41,200 –> 00:23:42,340
Speaker 1: big piece of business for us.

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00:23:42,420 –> 00:23:43,760
Speaker 4: So absolutely.

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00:23:44,020 –> 00:23:47,340
Speaker 1: We’re where you need to shop for a great under

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00:23:47,340 –> 00:23:49,740
Speaker 1: $ 25 Mastige high efficacy product line.

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00:23:50,100 –> 00:23:52,920
Speaker 3: Sarah’s on it. So am I. And thanks for your time.

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00:23:53,380 –> 00:23:53,879
Speaker 4: Thank you.

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00:23:57,540 –> 00:24:02,119
Speaker 3: If you enjoyed hearing about a disruptive skincare brand and

492
00:24:02,140 –> 00:24:05,080
Speaker 3: you want to hear from other recent disruptors that we’ve

493
00:24:05,100 –> 00:24:08,570
Speaker 3: had on the show, you can go check out Tia Mowry,

494
00:24:08,690 –> 00:24:12,889
Speaker 3: who has the haircare line for you at Walmart, or

495
00:24:12,970 –> 00:24:16,590
Speaker 3: go listen to our friend Osh, who’s at Mesa in

496
00:24:16,710 –> 00:24:21,550
Speaker 3: a PE roll-up and innovation portfolio. If you like what

497
00:24:21,570 –> 00:24:25,310
Speaker 3: you hear, tell a friend, write a review. Thanks for listening.

498
00:24:35,180 –> 00:24:53,470
Speaker 5: Thank you. Hi, I’m Jackie Cooper, Global Chief Brand Officer

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00:24:53,710 –> 00:24:56,330
Speaker 5: at Edelman and the host of Touch of Truth, a

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00:24:56,369 –> 00:25:00,290
Speaker 5: new podcast launching on the Adweek Podcast Network. My dad

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00:25:00,369 –> 00:25:03,950
Speaker 5: gave me this incredibly smart piece of advice. Meet everyone once.

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00:25:04,250 –> 00:25:06,630
Speaker 5: As a result, I’ve met some of the most fascinating

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00:25:06,650 –> 00:25:09,889
Speaker 5: and inspiring people on the planet. Now on Touch of Truth,

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00:25:10,109 –> 00:25:13,379
Speaker 5: we’re coming centre stage and sharing the mic to experience

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00:25:13,420 –> 00:25:16,280
Speaker 5: stories of truth, insights and visions for the future that

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00:25:16,300 –> 00:25:18,760
Speaker 5: will challenge your way of thinking. Touch of Truth is

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00:25:18,820 –> 00:25:22,350
Speaker 5: available wherever you listen to podcasts. New episodes come out

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00:25:22,550 –> 00:25:24,610
Speaker 5: every Tuesday. I do hope to see you there.