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 Unilever’s Digital Transformation: Ryu Yokoi on Navigating Commerce and Media Convergence

Brave Commerce
Brave Commerce
BRAVE COMMERCE | Episode Unilever's Digital Transformation: Ryu Yokoi on Navigating Commerce and Media Convergence
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In this episode of BRAVE COMMERCE, co-hosts Sarah Hofstetter and Rachel Tipograph sit down with Ryu Yokoi, Chief Digital Officer for Unilever’s Personal Care North America division, to explore the company’s dynamic shift towards digital commerce and performance-driven marketing. Ryu shares insights from his impressive 20-year tenure at Unilever, revealing how his diverse experiences across brand management, startups, and digital strategy have equipped him to lead Unilever through a period of rapid transformation.

Ryu discusses the company’s strategic integration of media, digital marketing, and eCommerce, explaining how this convergence is reshaping Unilever’s approach to the marketplace. He reflects on his journey from traditional brand management to running a direct-to-consumer startup, and how these experiences inform his current role. With an emphasis on data-driven decision-making and omni-channel strategies, Ryu highlights the importance of agility and adaptability in today’s fast-paced digital landscape.

Listeners will gain valuable insights into how Unilever is positioning itself to thrive amidst competition from both established brands and disruptive challengers. Ryu also touches on the critical role of retail media and the evolving relationship between sales and marketing in the age of digital commerce. Whether you’re a CPG marketer, digital strategist, or simply interested in the future of commerce, this episode offers a fascinating look into the inner workings of one of the world’s largest consumer goods companies.

Key Takeaways:

  • Media and Commerce Convergence: How Unilever is integrating media, digital marketing, and eCommerce to create a more cohesive and outcome-oriented approach.
  • Leadership Insights: Ryu Yokoi’s unique career path and how his experiences have shaped his leadership in driving digital transformation at Unilever.
  • Competitive Edge in Digital Commerce: The strategies Unilever is employing to stay ahead of both legacy competitors and emerging challenger brands in a rapidly evolving marketplace.

Hosted on Acast. See acast.com/privacy for more information.

See omnystudio.com/listener for privacy information.

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Speaker 1: You guys had, you know, my boss, AC on in

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Speaker 1: the past. And, you know, she has the saying, she

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Speaker 1: always would say to me, boring is the new sexy,

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Speaker 1: get boring right. That’s the fundamental part I think is

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Speaker 1: really important. And all of this is dictated by data.

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Speaker 1: You know, the way we were saying earlier, having your

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Speaker 1: data signals right and being able to understand and have

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Speaker 1: the right currency is vital. The second aspect to it

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Speaker 1: that I think most people focus on has been the

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Speaker 1: emergence of the creator economy. Having a really platform authentic

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Speaker 1: and compelling content is so important. and the role of

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Speaker 1: creators and their advocacy has become, you know, really paramount,

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Speaker 1: I think, for everyone in the space.

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

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Speaker 3: I’m Rachel Typograph, 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, do you prefer

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Speaker 3: shiny object or boring and reliable?

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Speaker 2: I don’t know if this is a personal or professional question,

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Speaker 2: but I can tell you it’s just going to make

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Speaker 2: me sound super freaking lame.

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Speaker 4: Life’s crazy.

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Speaker 2: I don’t need bright, shiny objects. I need reliability. And

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Speaker 2: I have had this debate so many times on both

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Speaker 2: personal and professional level. I just want a little bit

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Speaker 2: of just chill. I like people around me that… can

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Speaker 2: give me a little bit of sparks of excitement and

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Speaker 2: tantalize me. But for me, I got enough drama. Thank

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Speaker 2: you very much. How about you?

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Speaker 4: You were talking about your husband before. Yes.

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Speaker 3: I’m a classic gal. I love things that last and

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Speaker 3: stand the test of time. But I would say when

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Speaker 3: I’m in a retail therapy mood, that’s when I might

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Speaker 3: splurge a little on something that’s stupid and silly. But

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Speaker 3: it’s only frivolous for that moment in time.

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Speaker 2: Self-awareness is the most important component of this situation, don’t

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Speaker 2: you think?

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Speaker 4: Yeah, absolutely. But what about when it comes to your

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Speaker 4: business partnerships?

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Speaker 2: When it comes to your business partnerships, you absolutely cannot

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Speaker 2: be boring. So I think that’s probably why I’m more

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Speaker 2: boring at home. Nobody’s going to want to be friends

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Speaker 2: with me after this episode, but I definitely am just

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Speaker 2: a lot more chill at home. But at work, I

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Speaker 2: think you constantly have to be challenging yourself. You always

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Speaker 2: have to be thinking through what’s around the corner. That’s

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Speaker 2: what I’m saying. That brings a lot of drama. That

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Speaker 2: brings a lot of tension. That brings a lot of

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Speaker 2: challenging the status quo. But I think you can also

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Speaker 2: easily get distracted by the constant, the what’s next, the

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Speaker 2: so what, the now what, without having those fundamentals in place.

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Speaker 2: So I kind of think it’s a little column A,

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Speaker 2: a little column B. It’s just knowing when to turn

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Speaker 2: up the column A and when to turn up the

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Speaker 2: column B.

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Speaker 3: You’re about to hear from a friend and partner, Rio,

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Speaker 3: who is an executive at Unilever for nearly 20 years.

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Speaker 3: And on the show, he quotes his boss, who’s also

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Speaker 3: been on the show, Essie Eggleston Bracey, who’s now the

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Speaker 3: global CMO of Unilever. And what Acey tells her teams is,

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Speaker 3: you got to get boring right before you can go

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Speaker 3: focus on sexy.

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Speaker 2: I feel like that is lessons to live by. You

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Speaker 2: got to get your fundamentals right. Look, let’s just think

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Speaker 2: about it from the perspective of just beauty, right? You

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Speaker 2: don’t have good foundation. You can’t go building all that stuff.

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Speaker 4: It all starts with sunscreen.

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Speaker 2: Damn right it does.

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Speaker 3: Well, on that note, and especially because now we’re talking

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Speaker 3: about skincare and personal care, let’s bring Ryu onto the show.

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Speaker 2: Today, we are happy to have Ryu Yokoi, Chief Digital Officer,

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Speaker 2: Personal Care of North America and U.S. Media at Unilever.

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Speaker 2: If you can say that three times fast, then you’re

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Speaker 2: a heck of a lot better than me. That’s all

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Speaker 2: I can say. Thank you so much for joining.

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Speaker 1: Oh my gosh. I’m so excited to be here with

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Speaker 1: you guys. Thanks so much for having me.

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Speaker 4: We’re thrilled.

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Speaker 2: And you’ve got a really interesting story. career trajectory, even

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Speaker 2: within the walls of, or virtual walls, I suppose, of Unilever.

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Speaker 1: Sure.

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Speaker 2: You’ve been there almost 20 years, is that right?

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Speaker 1: Yeah, 20 years, because I summer interned when I was

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Speaker 1: in business school here. So it’s around 20 years if

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Speaker 1: you include that.

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Speaker 2: That’s pretty extraordinary. And sometimes you see CPG marketers kind

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Speaker 2: of jumping around and they stay in a similar role

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Speaker 2: and they kind of move up the chain. They go

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Speaker 2: through the ABM and then the brand manager, senior brand manager,

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Speaker 2: and you kind of move your way up. You, on

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Speaker 2: the other hand, have done Lots of different things kind

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Speaker 2: of jumping around, almost like leapfrogging everywhere you were jumping.

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Speaker 2: So there was always something very different about your career.

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Speaker 2: Can you talk about how you were able to seamlessly

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Speaker 2: transition from signing the reins in marketing to running a

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Speaker 2: startup and now leading digital commerce? Like there are all

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Speaker 2: these different parts to it. Help us unpack it.

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Speaker 1: Thanks so much for that. When you put it that way,

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Speaker 1: it sounds much more flattering than it was living it,

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Speaker 1: I think.

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Speaker 2: We’re storytellers. It’s what we do for a living. Yeah, yeah.

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Speaker 1: I went back to my B-School reunion recently, and I

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Speaker 1: was one of the few people that were still at

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Speaker 1: the same firm. I’ve been really blessed within Unilever. I

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Speaker 1: think for me, it’s really the benefits of doing brand

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Speaker 1: management and working within the confines of consumer products. Like

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Speaker 1: you were saying, Sarah, most of us start as associates

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Speaker 1: within the marketing world. I think the really powerful thing

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Speaker 1: about it is because of sort of the cross-functional model

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Speaker 1: dual benefits early in your career of sort of real

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Speaker 1: bootcamp in marketing fundamentals and training because of the cross-functional

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Speaker 1: nature of it. You know, marketing within these kinds of

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Speaker 1: companies isn’t a silo that’s receiving something, it’s really managing

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Speaker 1: the business. And so you have exposure to the other functions,

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Speaker 1: you know, that I think gave me sort of a

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Speaker 1: comfort zone. Later in my career, I grew up working

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Speaker 1: with and within the company was very clear that sort

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Speaker 1: of the best associates were the ones that understood what

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Speaker 1: R & D did or what supply chain did or

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Speaker 1: whatever or knew how to get stuff done. So when

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Speaker 1: the time came that I moved outside of marketing and

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Speaker 1: my first real role, totally outside of marketing, I was

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Speaker 1: the chief operating officer for Schmitz, a startup that we

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Speaker 1: had acquired. Like you said, when I went there, it

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Speaker 1: was the first time I had R & D and

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Speaker 1: supply chain and finance and sales reporting into me. But

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Speaker 1: I felt really comfortable doing that because I really had

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Speaker 1: an understanding of what those functions did. based on the

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Speaker 1: earlier experience that I had and the extent of collaboration

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Speaker 1: that we had with them. So I think the model

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Speaker 1: sets itself up where it’s one of those things where

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Speaker 1: you get a lot of exposure to different functions and

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Speaker 1: it rewards curiosity really early in your career. And ultimately

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Speaker 1: that curiosity and hunger is I think what makes it

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Speaker 1: easier to assimilate and try different things.

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Speaker 3: So you joined Schmitz as COO but I believe when

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Speaker 3: you moved to CEO, it was.

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Speaker 4: Awesome to see.

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Speaker 3: I’m so curious what you took from that end-to-end operating

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Speaker 3: experience that you now bring into your role that’s heavily

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Speaker 3: focused on marketing.

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Speaker 1: Maybe the first 10, 11 years of my career was

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Speaker 1: traditional brand management. One of the beauties of that is

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Speaker 1: you do lots of different categories. Every category is different.

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Speaker 1: The different portfolios that you have available, the brands are

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Speaker 1: all in different situations. So you learn a ton of stuff.

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Speaker 1: I think when I went to Schmitz, it was the

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Speaker 1: first time I had the chance to really run the

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Speaker 1: totality of the operation. I was just referencing, I had

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Speaker 1: the chance to have all of these functions I’m reporting

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Speaker 1: in through me. So there was a ton of learning

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Speaker 1: there just in terms of operating business, ultimately having that

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Speaker 1: accountability and really being responsible for all the people I

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Speaker 1: had the blessing of getting to work with there. If

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Speaker 1: I think about what I’m doing now and what I

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Speaker 1: really picked up from it, it was a real big

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Speaker 1: pivot for me from the traditional brand model I had

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Speaker 1: been working in into sort of a more DTC built

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Speaker 1: performance oriented and really omni-channel foundationally set up enterprise that

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Speaker 1: Schmidt’s was right. For me, it was like so cathartic

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Speaker 1: to come into a business and experience one where in

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Speaker 1: the digital commerce space, which I mean, you guys know, well,

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Speaker 1: this is what you guys do is your podcast. You

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Speaker 1: have so much more agency over outcomes in the traditional

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Speaker 1: brand world. You know, we are fighting for shelf space.

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Speaker 1: Points of distribution have such a massive impact in terms

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Speaker 1: of dictating outcomes. In the digital landscape, we have the

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Speaker 1: opportunity to change the planogram every minute of the day.

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Speaker 1: So that for me has been really energizing, cathartic. I

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Speaker 1: took that during COVID as e-commerce became just a massive

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Speaker 1: opportunity for Unilever. We had to really up our game there.

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Speaker 1: I came back in and had the opportunity to take

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Speaker 1: over our e-com marketing for our beauty and personal care business.

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Speaker 1: It was very much sort of now applying that back in,

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Speaker 1: at least within the commerce side, the e-commerce space. for

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Speaker 1: our traditional brands. And that’s a real pivot for the

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Speaker 1: company that we had to build out that muscle. You know,

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Speaker 1: what’s been really exciting there is as more and more overall,

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Speaker 1: we just have this massive convergence that’s happening as everything

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Speaker 1: that’s data driven is driving where marketing is going. We’ve

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Speaker 1: sort of had this challenge of how can we take

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Speaker 1: the kind of performance marketing that we’re doing to really

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Speaker 1: drive the shelf in digital commerce and to drive our

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Speaker 1: sales in that space and apply that across all of

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Speaker 1: our marketing. And that’s really where we see things going

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Speaker 1: within Unilever. And that’s why I’m so excited about our

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Speaker 1: current sort of direction as a company. And we recently

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Speaker 1: combined and collapsed into sort of new structures within each

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Speaker 1: of our business units, digital marketing, media, and commerce into

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Speaker 1: a single entity, right? So I know Sarah worked really

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Speaker 1: hard to get across my title, but in principle, the

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Speaker 1: idea is, right, I’m the chief digital officer, but I

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Speaker 1: look after our media, right? And that’s a deliberate decision

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Speaker 1: because it’s all data-driven and It’s all performance-oriented, and we

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Speaker 1: have a chance to make outcomes better every day in

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Speaker 1: a way that’s so much more progressive than we’ve considered

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Speaker 1: in the past. And I view and my team, our

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Speaker 1: key challenge is applying into our overall investment approach the

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Speaker 1: sort of tenets that we see as have been the

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Speaker 1: winning formula for these startups and also in the e-commerce

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Speaker 1: world that I picked up when I moved back in.

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Speaker 1: So I think I’m really blessed in terms of having

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Speaker 1: had that experience at Schmitz.

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Speaker 3: The change that you just articulated is fairly massive, right? Unilever,

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Speaker 3: one of the biggest CPG portfolios in the world. And

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Speaker 3: if I heard you correctly, essentially sales and marketing have

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Speaker 3: converged as function.

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Speaker 1: So we have sales, right? And I would say the

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Speaker 1: selling unit is still a separate entity, but our let’s

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Speaker 1: say the marketing for e-commerce, our retail media, all of

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Speaker 1: that is sitting now together with our digital marketing and

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Speaker 1: with our media organization so that they can work in harmony. Yeah.

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Speaker 3: And so in that articulation, just compared to so many

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Speaker 3: other portfolios that we interview on this show, often you

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Speaker 3: would find retail media still sitting within the sales organization.

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Speaker 5: Sure.

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Speaker 3: Yeah.

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Speaker 1: Yeah.

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Speaker 4: That’s like such a big shift.

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Speaker 3: And how did the organization identify that that was the

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Speaker 3: right move for the business.

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Speaker 1: Well, you just see more and more of these retail

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Speaker 1: media arms of our customers really maturing and developing into

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Speaker 1: true media entities. We want to be able to make

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Speaker 1: decisions pound for pound between the different investments that we’re making.

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Speaker 1: For us, that was sort of the critical factor, right?

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Speaker 1: We have a real performance edge at Unilever. When I

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Speaker 1: challenge my team every day, we want to be the

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Speaker 1: most outcome-oriented advertiser in the marketplace. And, you know, for

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Speaker 1: that to be the case, we need to be able

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Speaker 1: to govern the investment across media channels. You look at,

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Speaker 1: you know, Walmart media, you look at Amazon today, those

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Speaker 1: are real media companies and they have incredible assets that

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Speaker 1: allow you to commercialize from the top to the bottom

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Speaker 1: of the funnel. And they’re advancing, you know, more and more.

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Speaker 1: And so it was really fundamental to be able to

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Speaker 1: have those all part of the same team and sort

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Speaker 1: of within our scope.

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Speaker 4: I love it.

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Speaker 2: And so I’m just going to pull a little bit

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Speaker 2: more on this one, even though, uh, Other people cannot

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Speaker 2: see your background. We’re doing this on video and I

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Speaker 2: see the shelves behind you. And you talked about the

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Speaker 2: importance of the planogram.

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Speaker 1: Virtual shelves.

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Speaker 2: Even better, actually, because you talked earlier about the planogram

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Speaker 2: shifting on the regular and the importance of retail media

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Speaker 2: being a discrete lever that you can pull more programmatically,

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Speaker 2: let’s say, than changing up an end cap overnight, which

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Speaker 2: in and of itself is not the easiest thing to do.

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Speaker 2: So with such a dynamic planogram, how do you guys

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Speaker 2: think about the role of organic content and things like that?

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Speaker 2: Does that sit within your world? How does everybody play

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Speaker 2: with each other in that regard?

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Speaker 1: So my team and the equivalent structures within, so we’ve

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Speaker 1: got these hubs set up that look after digital marketing, media,

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Speaker 1: and commerce in each of our business units. And in parallel,

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Speaker 1: in each of those, those teams would be responsible for

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Speaker 1: owning the digital shelf. My team is responsible for understanding

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Speaker 1: what we need to win between, to your point, organic content,

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Speaker 1: ratings and reviews, all the things that we would need

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Speaker 1: to be driving and having the right strength when it

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Speaker 1: comes to organic search. And then what the key terms are,

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Speaker 1: we need to be winning, what the key piece of

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Speaker 1: the portfolio are, we need to be driving for each

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Speaker 1: of those. Importantly, they also work on understanding what the

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Speaker 1: portfolio is that we should have. It’s not just the

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Speaker 1: investment choices, but developing the portfolio. So It’s sort of

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Speaker 1: end to end in terms of the e-commerce marketing, the

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Speaker 1: way that we look at it.

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Speaker 2: I love that. And what’s so interesting about the digital

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Speaker 2: shelf as it relates to that and organic content is

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Speaker 2: the role of 3P marketplaces. So if you’re only thinking

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Speaker 2: about what’s happening in the store, then.

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Speaker 4: That’s one thing.

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Speaker 2: But when you’re on Walmart and let’s say Dove deodorant

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Speaker 2: is out of stock, the only other way you’re going

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Speaker 2: to be able to get it is if you’re using 3P,

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Speaker 2: for example. You’ve got to think about all the different

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Speaker 2: levers you get to play with or potentially other people

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Speaker 2: that are reselling your product. So the dynamicism that’s for

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Speaker 2: art for that is so much higher. And it 100%

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Speaker 2: plays well to the way that marketers instinctively think. But

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Speaker 2: how do you educate the sales team to understand what

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Speaker 2: the loss to a marketplace could look like and why

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Speaker 2: that should change the way you think about maybe even

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Speaker 2: your JVPs with the retailers?

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Speaker 1: So we’re really blessed, really progressive around the space of

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Speaker 1: commerce and the level of focus that we need to

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Speaker 1: have both on the marketing side, as well as the

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Speaker 1: CD side. So we have sort of articulated also, let’s

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Speaker 1: say commerce sales folks who focus on this side of this.

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Speaker 1: So we’re blessed as a team. We have partners that

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Speaker 1: I think really understand, you know, that space, but that’s

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Speaker 1: the heavy area of focus that we have carving up

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Speaker 1: the sort of key responsibilities within that. As Rachel said,

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Speaker 1: you know, that can be tricky. It’s a new space.

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Speaker 1: And so developing sort of that trust between the teams

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Speaker 1: and also the making sure we have the right amount

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Speaker 1: of focus. The reality that I’ve found is that you

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Speaker 1: hit it. This is like a 24 hour job in

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Speaker 1: terms of understanding how much, what you need to be

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Speaker 1: doing to be staying up and to be winning on

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Speaker 1: the terms that you want to be winning on. It

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Speaker 1: involves a ton, both on our side from what I

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Speaker 1: would consider sort of the more e-com marketing side, as

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Speaker 1: well as all the work that has to happen from

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Speaker 1: our e-com sales side so that we can be winning.

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Speaker 4: So on the topic of winning.

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Speaker 1: Yeah.

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Speaker 3: Your competition is just other major conglomerates in the personal

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Speaker 3: care space. It’s also challenger brands that are coming to

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Speaker 3: market every day.

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Speaker 2: Right.

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Speaker 4: You know, when you were at Schmidt, there was a playbook.

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Speaker 3: You could launch a Shopify site, start buying Facebook ads,

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Speaker 3: and boom, you’re in business. Now, all these challenger brands

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Speaker 3: are actually on Walmart shelves, on Target shelves, Sephora’s shelves.

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Speaker 3: So how is Unilever positioning themselves against challenger brands in

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Speaker 3: the mass retail environment?

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Speaker 1: That’s a great question. This experience I had at Schmitz,

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Speaker 1: it’s a real blessing for me having had to live

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Speaker 1: through some of this. So we were one of the

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Speaker 1: OG first of the sort of DTC natural brands that

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Speaker 1: moved into the traditional set and got to experiment with

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Speaker 1: sort of this omni world. From a Unilever standpoint, we’ve

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Speaker 1: been doing that with several of our other acquisitions, whether

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Speaker 1: it’s Shea Moisture, more recently our Liquid IV brand, which

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Speaker 1: is really exploding in the health and wellness space. I

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Speaker 1: think there’s sort of an emerging playbook against this that

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Speaker 1: we’re seeing land. That’s really about full funnel marketing. You

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Speaker 1: want to be thinking full funnel and how we meet

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Speaker 1: and reach the people that we serve with the right messages,

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Speaker 1: right time, understanding how to move them from building awareness

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Speaker 1: to really bringing them to convert and building that loyalty

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Speaker 1: and advocacy for our products. But for that to work,

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Speaker 1: some of the critical leaps that we’ve had to make

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Speaker 1: have really involved building the right data signals that allow

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Speaker 1: us to understand how that journey is taking shape and

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Speaker 1: how to move within that. you know, I guess my

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Speaker 1: cheap plug, you know, obviously, Rachel, you’re a huge partner

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Speaker 1: for us in that regard, in terms of the work

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Speaker 1: that we do with Micmac on that front. And I

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Speaker 1: think the other piece to it, maybe the less sexy,

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Speaker 1: which might be offensive, given that’s what Rachel does.

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Speaker 4: I don’t want to be sexy. That means I’m a

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Speaker 4: must have.

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Speaker 1: You guys had, you know, my boss AC on in

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Speaker 1: the past. And, you know, she has the saying, she

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Speaker 1: always would say to me, it’s like really boring is

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Speaker 1: the new sexy get boring, right? That’s the fundamental part,

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Speaker 1: I think is really important. And all of this is

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Speaker 1: dictated by data, you know, the way we were saying earlier,

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Speaker 1: having your data signals right and being able to understand

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Speaker 1: and have the right currency is vital. The second aspect

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Speaker 1: to it that I think most people focus on has

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Speaker 1: been the emergence of the kind of creator economy, having

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Speaker 1: a really platform authentic and compelling content is so important.

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Speaker 1: And the role of creators and their advocacy has become,

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Speaker 1: you know, really paramount, I think for everyone in the space.

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Speaker 1: And you really see, you know, whether it’s OGs like

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Speaker 1: myself at Schmitz to, you know, some of these competitors

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Speaker 1: that have come up or some of, our brands that

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Speaker 1: are coming into the traditional space out of DTC are

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Speaker 1: really taking advantage of that as an asset.

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Speaker 3: Well, we could pick your brain all day, but we

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Speaker 3: have to ask you our famous last question, which is

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Speaker 3: what’s the bravest thing you’ve ever done?

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Speaker 1: Oh man. So I have to say, aside from coming

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Speaker 1: on this podcast, I thought about this a lot. I’m

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Speaker 1: really fascinated by the concept of bravery. I have two

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Speaker 1: young sons, 10 and five, and one of the things,

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Speaker 1: you know, as a parent, I think about a lot

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Speaker 1: is how to motivate them to confront things that they’re

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Speaker 1: uncomfortable with and that they’re afraid of. And I love

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Speaker 1: this concept, like J.K. Rowling did it with Harry Potter

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Speaker 1: and George R.R. Martin talks about it a few times

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Speaker 1: in like A Song of Ice and Fire and Game

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Speaker 1: of Thrones, this idea that like, you can only be

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Speaker 1: brave when you’re afraid. I think it’s really interesting because

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Speaker 1: like when you’re, what makes us afraid or uncomfortable is

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Speaker 1: so personal and unique. And so sometimes I think I

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Speaker 1: was trying to think like how to answer this question

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Speaker 1: in a way that’s actually like interesting to somebody, because

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Speaker 1: I think the things that make us afraid sometimes are

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Speaker 1: like really idiosyncratic and different. So I’d say like professionally, I,

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Speaker 1: you guys talked about it. Like it was like a

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Speaker 1: deliberate thing or something that like my early experience unlocked,

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Speaker 1: but a little after halfway through my experience at Unilever,

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Speaker 1: I kind of made the decision to leave traditional brand

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Speaker 1: management and just start doing what I thought was most

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Speaker 1: interesting with each role. Right. So I left, I had

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Speaker 1: been a marketing director on multiple categories, looking after portfolios and,

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Speaker 1: kind of took a divergence in my last more internal

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Speaker 1: job I was doing, sort of strategy and looking at

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Speaker 1: M & A and new brand creation and doing the

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Speaker 1: M & A and having such exposure to all these startups.

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Speaker 1: I was like, this is really interesting. And I went

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Speaker 1: and told Unilever guys, I might want to leave and

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Speaker 1: go to one of those guys. So if something opens

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Speaker 1: up at one of these people that we’re buying, let

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Speaker 1: me go do that. And so the company was like, yeah,

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00:19:15,710 –> 00:19:17,820
Speaker 1: that’s a good idea. Don’t leave. We’ll make that happen.

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00:19:18,340 –> 00:19:20,420
Speaker 1: So I got to go there. And then over time,

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00:19:20,460 –> 00:19:21,860
Speaker 1: to your point, I got to be the CEO there.

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00:19:21,900 –> 00:19:25,140
Speaker 1: And I spent all my time there talking back into

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00:19:25,180 –> 00:19:26,740
Speaker 1: the org about all the things that were happening at

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00:19:26,760 –> 00:19:30,179
Speaker 1: Schmitz in digital commerce. So when the pandemic happened and

412
00:19:30,270 –> 00:19:32,570
Speaker 1: e-commerce became the fastest growing part of the company and

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00:19:32,990 –> 00:19:35,590
Speaker 1: a real sort of burning pot, we needed to evolve

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00:19:35,869 –> 00:19:38,030
Speaker 1: and build the muscle there, both on the sales side

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00:19:38,070 –> 00:19:40,270
Speaker 1: and the marketing side, as we were saying earlier. So

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00:19:40,290 –> 00:19:42,930
Speaker 1: that became like, oh, let’s go do that. That sounds fun.

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00:19:43,410 –> 00:19:46,790
Speaker 1: And as we’ve seen convergence now between retail media, traditional media,

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00:19:46,850 –> 00:19:50,880
Speaker 1: digital everything is coming together. Each one of these things

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00:19:50,920 –> 00:19:53,619
Speaker 1: has sort of been the next step. But that first step,

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00:19:53,740 –> 00:19:57,300
Speaker 1: just leaving marketing was terrifying because you have sort of

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00:19:57,320 –> 00:19:59,800
Speaker 1: like a path that you feel comfortable with. And to

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00:19:59,900 –> 00:20:02,100
Speaker 1: Sarah’s point that a lot of people that come up

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00:20:02,160 –> 00:20:04,220
Speaker 1: within this world just go through the same sort of

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00:20:04,270 –> 00:20:06,109
Speaker 1: road steps and you do the same thing just a

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00:20:06,109 –> 00:20:08,560
Speaker 1: little bit. different and maybe you move across companies or

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00:20:08,600 –> 00:20:10,700
Speaker 1: if you stay and you’re just doing it in different categories.

427
00:20:10,780 –> 00:20:14,040
Speaker 1: And so trying a different path was definitely something I

428
00:20:14,060 –> 00:20:15,679
Speaker 1: had to kind of get over myself and just like

429
00:20:15,700 –> 00:20:17,570
Speaker 1: gird myself to do. But it’s been such a blessing

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00:20:17,609 –> 00:20:19,510
Speaker 1: because what I find is, you know, when you’re having

431
00:20:19,570 –> 00:20:22,250
Speaker 1: fun and it doesn’t feel like work is when you

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00:20:22,270 –> 00:20:25,990
Speaker 1: do your best work. It’s when, you know, you’re most creative,

433
00:20:26,170 –> 00:20:29,560
Speaker 1: you best understand and, you know, like the mental stamina

434
00:20:29,600 –> 00:20:31,679
Speaker 1: that you have to interrogate a problem when it’s the

435
00:20:31,720 –> 00:20:34,660
Speaker 1: thing that you would be, you know, excited to think about.

436
00:20:35,060 –> 00:20:36,780
Speaker 1: if you were in a network, if you can like

437
00:20:37,119 –> 00:20:40,500
Speaker 1: break the labor leisure trade-off, that’s when, you know, magic happens.

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00:20:40,540 –> 00:20:40,700
Speaker 2: Right.

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00:20:40,740 –> 00:20:43,360
Speaker 1: So I’ve found that kind of taking that leap has been,

440
00:20:43,700 –> 00:20:46,220
Speaker 1: you know, really beneficial to me. And then on a

441
00:20:46,359 –> 00:20:49,030
Speaker 1: personal front, I think like the most afraid I’ve been

442
00:20:49,050 –> 00:20:53,290
Speaker 1: in a professional setting, but from a personal standpoint, I remember, um,

443
00:20:53,410 –> 00:20:55,989
Speaker 1: when they first asked me to go to Schmitz, uh,

444
00:20:56,030 –> 00:20:59,359
Speaker 1: I remember the brief was Amanda Suri, who was the, um,

445
00:21:00,010 –> 00:21:02,090
Speaker 1: She was the president or CEO. I forget what we

446
00:21:02,130 –> 00:21:03,530
Speaker 1: called her at the time. She was the leader of

447
00:21:03,630 –> 00:21:06,149
Speaker 1: our business in the States for Unilever. I said, I

448
00:21:06,190 –> 00:21:09,459
Speaker 1: need you to go to Portland and we need to

449
00:21:09,960 –> 00:21:14,340
Speaker 1: really land sort of the right culture and get buy-in

450
00:21:14,800 –> 00:21:18,500
Speaker 1: from Schmitz. We have this incredible leader within our organization, Jostein,

451
00:21:18,920 –> 00:21:22,250
Speaker 1: who runs our health and wellness collective. And he had

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00:21:22,270 –> 00:21:24,510
Speaker 1: been the CEO of Ben & Jerry’s. She’s like, the

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00:21:24,590 –> 00:21:27,729
Speaker 1: way Jostein won over the people in Vermont, I need

454
00:21:27,750 –> 00:21:30,830
Speaker 1: you to win over the people of Portland. I was like, oh,

455
00:21:30,850 –> 00:21:34,369
Speaker 1: my God. So I just remember, like, boarding the flight

456
00:21:34,390 –> 00:21:38,150
Speaker 1: to Portland and being so terrified of, like, what this

457
00:21:38,210 –> 00:21:40,500
Speaker 1: experience was going to be like. And it was, you know,

458
00:21:40,520 –> 00:21:43,820
Speaker 1: an entirely different kind of company, a lot of young people.

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00:21:43,900 –> 00:21:46,139
Speaker 1: And Portland is really different than New York City, I think,

460
00:21:46,280 –> 00:21:46,619
Speaker 1: you know, like.

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00:21:47,210 –> 00:21:47,630
Speaker 5: I’m an MBA.

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00:21:47,690 –> 00:21:49,410
Speaker 1: I don’t think there was any MBAs over there.

463
00:21:50,109 –> 00:21:52,290
Speaker 3: No, you got to make your own micro brews over there.

464
00:21:52,369 –> 00:21:55,870
Speaker 1: We literally had kombucha on tap and it was wonderful.

465
00:21:56,050 –> 00:21:58,290
Speaker 1: I had never tried the booze, but we had peach booze.

466
00:21:58,330 –> 00:22:01,170
Speaker 1: It was wonderful. I really just loved it. And I

467
00:22:01,470 –> 00:22:04,080
Speaker 1: don’t know if they became native or I became, you know,

468
00:22:04,160 –> 00:22:06,619
Speaker 1: I went native that way. You know, in hindsight, you know,

469
00:22:06,640 –> 00:22:08,800
Speaker 1: that was like one of the great like human challenges

470
00:22:08,840 –> 00:22:12,580
Speaker 1: I’ve had is sort of bridging those cultures. And it’s

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00:22:12,660 –> 00:22:14,580
Speaker 1: one I really cherish. And so I always think back

472
00:22:14,619 –> 00:22:16,080
Speaker 1: on how I felt getting on that plane and how

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00:22:16,100 –> 00:22:18,169
Speaker 1: scared I was. That’s one of the few moments where

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00:22:18,210 –> 00:22:22,439
Speaker 1: I felt personally uncomfortable in a business setting and one

475
00:22:22,460 –> 00:22:24,180
Speaker 1: that I’m glad I got over and I’m glad I

476
00:22:24,180 –> 00:22:24,679
Speaker 1: had to confront.

477
00:22:25,060 –> 00:22:26,459
Speaker 4: Well, Portland can be scary.

478
00:22:26,500 –> 00:22:28,020
Speaker 1: Portland is awesome.

479
00:22:28,240 –> 00:22:28,600
Speaker 3: I agree.

480
00:22:28,780 –> 00:22:29,140
Speaker 5: I agree.

481
00:22:29,200 –> 00:22:31,379
Speaker 1: I cannot advocate enough for the city of Portland. I

482
00:22:31,420 –> 00:22:32,750
Speaker 1: love it. And I love my team there.

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00:22:32,770 –> 00:22:34,090
Speaker 4: So appreciate for your insights.

484
00:22:34,190 –> 00:22:38,130
Speaker 3: It’s evident that Unilever is going through massive changes to

485
00:22:38,310 –> 00:22:42,949
Speaker 3: really leapfrog the industry. And so everything that’s going on

486
00:22:42,990 –> 00:22:44,980
Speaker 3: in your organization, I think so many.

487
00:22:44,859 –> 00:22:47,140
Speaker 4: Of our listeners… are three.

488
00:22:46,920 –> 00:22:49,640
Speaker 3: To five years behind trying to make that happen.

489
00:22:49,680 –> 00:22:51,000
Speaker 4: So thank you for leading the way.

490
00:22:51,160 –> 00:22:53,100
Speaker 1: Oh, thank you. I mean, listen, the challenge is trying

491
00:22:53,119 –> 00:22:55,780
Speaker 1: to stay there and keep pushing it. And so, you know,

492
00:22:55,800 –> 00:22:57,820
Speaker 1: I’m appreciative of, you know, folks like you guys that

493
00:22:57,859 –> 00:23:01,460
Speaker 1: are helping to drive really thought-provoking conversations about the material.

494
00:23:01,480 –> 00:23:04,040
Speaker 1: And obviously, you know, Rachel, for you as a great

495
00:23:04,080 –> 00:23:05,720
Speaker 1: partner in terms of helping us to keep moving.

496
00:23:05,940 –> 00:23:10,560
Speaker 4: Appreciate that. Well, stay tuned. There will be more from Unilever.

497
00:23:10,840 –> 00:23:12,200
Speaker 1: Thanks very much, guys. Appreciate it.

498
00:23:16,119 –> 00:23:18,510
Speaker 3: Well, if you enjoyed that episode and you want to

499
00:23:18,570 –> 00:23:21,850
Speaker 3: hear from another great Unilever executive, you got to go

500
00:23:21,890 –> 00:23:25,970
Speaker 3: check out the episode we recorded with AC. Eggleston Bracey,

501
00:23:26,010 –> 00:23:29,350
Speaker 3: who is now the global CMO of Unilever. And if

502
00:23:29,390 –> 00:23:32,350
Speaker 3: you want to think more deeply about business fundamentals, go

503
00:23:32,390 –> 00:23:36,270
Speaker 3: check out a recent episode we recorded with Michael Rosenberg,

504
00:23:36,609 –> 00:23:41,090
Speaker 3: who is the founder and CEO of Pym Brands. If

505
00:23:41,109 –> 00:23:43,390
Speaker 3: you like what you heard, tell a friend, write a review.

506
00:23:43,570 –> 00:23:44,550
Speaker 4: Thanks for listening.

507
00:24:01,930 –> 00:24:05,910
Speaker 5: Hi, I’m Jackie Cooper, Global Chief Brand Officer at Edelman

508
00:24:05,930 –> 00:24:08,700
Speaker 5: and the host of Touch of Truth, a new podcast

509
00:24:08,760 –> 00:24:12,200
Speaker 5: launching on the Adweek Podcast Network. My dad gave me

510
00:24:12,240 –> 00:24:15,919
Speaker 5: this incredibly smart piece of advice. Meet everyone once. As

511
00:24:15,960 –> 00:24:18,280
Speaker 5: a result, I’ve met some of the most fascinating and

512
00:24:18,340 –> 00:24:21,450
Speaker 5: inspiring people on the planet. Now on Touch of Truth,

513
00:24:21,650 –> 00:24:24,919
Speaker 5: we’re coming centre stage and sharing the mic to experience

514
00:24:24,960 –> 00:24:27,830
Speaker 5: stories of truth, insights and visions for the future that

515
00:24:27,850 –> 00:24:30,330
Speaker 5: will challenge your way of thinking. Touch of Truth is

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00:24:30,369 –> 00:24:33,920
Speaker 5: available wherever you listen to podcasts. New episodes come out

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00:24:34,119 –> 00:24:36,170
Speaker 5: every Tuesday. I do hope to see you there.