The founders of Birchbox and BarkBox on keeping your business relevant - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The subscription box industry is still booming — here are 4 ways the founders of Birchbox and BarkBox keep their businesses relevant (by jenni_gritters)

Business Insider/Jessica Tyler

Although she was unable to share data about the expansion's success with Business Insider, given the venture's newness the partnership seems to be driving a "meaningful increase" in Walgreen's total beauty sales, according to Birchbox representatives. Both Wedelin and Beauchamp shared their advice for other founders looking to stay relevant or pivot their business to greater success.First, Werdelin said, it's important to see your business as being built not like a forest, but like a set of trees. In other words, you shouldn't just stop when you've made one good product; be versatile and think about how else you can offer value to the people you serve.

"Keep the goal simple and big," she said. "Think about your unique point of view. What is your vision? Why does this business need to exist? What is the value to the customer?"For both Beauchamp and Wedelin, success came from piloting new ideas and testing them before they went live. As Werdelin noted, you can't know what you need unless you're testing a lot of ideas and gathering data about how well those ideas work.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The role of an independent board member is a founder's friend - Business InsiderAs founders and VC investors lock horns, startups are on the hunt for 'outside' board directors, Silicon Valley's in-demand job I can't read that article because you did something to the website which blocks access. If you do that again, I'll unfollow you.
Source: BusinessInsider - 🏆 729. / 51 Read more »

HSBC is considering cutting as many as 10,000 jobs to reduce costs - Business InsiderHSBC is facing the possibility of up to 10,000 job cuts as it undertakes a cost-cutting strategy devised by interim CEO Noel Quinn. Ambitious?! Cut executive's pay, that is ambitious, firing 10,000 employees is just shitty. LOL FAKE NEWS!!! THEY ARE BROKE AND SO MANY DERIVATIVE'S THESE BANKS HAVE THEY CANT COVER IMO.
Source: BusinessInsider - 🏆 729. / 51 Read more »

New Vector: Series A pitch deck for Matrix, a WhatsApp competitor - Business InsiderNew Vector raised an $8.5 million Series A funding round to expand as it looks to take on competitors WhatsApp, Telegram, and Slack.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Uber, Lyft sue NYC over new congestion-fighting empty car rules - Business InsiderThe new rules were designed to ease congestion and reduce the number of empty ride-hailing cars circling city streets. What is next? Are we going to sue people for going on drives with no destination. What is people just want to get out the house and drive a little. New York City is a cesspool of restrictions and regulations.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How successful people deal when they're feeling a lack of confidence - Business InsiderSuccessful people don't always feel confident. But they're successful because they know how to deal with those feelings.
Source: BusinessInsider - 🏆 729. / 51 Read more »