Startup Bobbie Proves There’s Profit In Baby Formula Despite The Dominance Of Industry Giants

  • 📰 Forbes
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 53%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Just 7% of venture-backed companies that disclose sales ever reach $100 million in revenue, and even fewer are headed by women. Bobbie managed it in a market that used to begin and end with Similac, Enfamil and Gerber Good Start.

Just 7% of venture-backed companies that disclose sales ever reach $100 million in revenue, and even fewer are headed by women.

Then, by the magic of conveniently placed Instagram and Google search ads, Deragisch discovered Bobbie, a powdered infant-formula startup that had launched its first product that January. Founded by two moms who talked openly about their own breastfeeding issues and promising a product that met both FDA and EU standards, Bobbie communicated a message that Deragisch needed to hear. The formula worked. The baby’s crying subsided after switching to Bobbie.

“In our first year on the market, I had hoped that we would do $4 million in revenue,” Bobbie cofounder and CEO Laura Modi tells. “And I’ll never forget breaking that down into what that would mean and how we would need to ramp up every month. It was scary.” The roundtable participants eventually became Modi’s unofficial brand ambassadors when Bobbie came out with its first formula in January 2021. Even those who’d moved their kids to solid foods, Modi says, shared the news of Bobbie’s debut with their networks. As word of mouth spread, so too did Bobbie’s reach.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 394. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Co-Living Startup Surfbreak Is Opening 2nd Location As Slow Tourism Industry Gains Momentum - CleanTechnicaBy opening its second location in Puerto Escondido, Surfbreak is helping to drive the growth of the co-living industry, providing a new model for sustainable travel and living.
출처: cleantechnica - 🏆 565. / 51 더 많은 것을 읽으십시오 »