What happens when a business built on simplicity gets complicated? Dollar Shave Club's founder Michael Dubin found out

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Dollar Shave's Michael Dubin admits that a business built on simplicity can get complicated.

When Michael Dubin and Mark Levine foundedin 2011, their vision was pure and simple: For as little as $1 a month, customers could get high-quality razors delivered right to their door. DSC's mantra — "Stop paying for shave tech you don't need" — took a direct shot at the pricey name-brand razors sold in retail stores.

Just three years later, in 2015, Dollar Shave claimed 48.6 percent of the online razor market, shaking up giants Gillette and Schick, according to data from online retail consultancy Slice Intelligence. The company has grown to include a team of over 600 employees globally and has more than 4 million subscribers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is excellent content.

CNBC tells you how to break memberships then promotes this story where the idiot made $1 Billion. I think it is stupid. It is not hard to buy a Merkur or feather razor and a box of 100 personna blades that will last you 5 years.

2018 was Record - Breaking year for crypto exchange hacks. Do not let it happen to you , Get your Ledger Nano X at promotional price directly from Ledger website.

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:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

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

This is the biggest threat to soaring tech stocks, says Bank of AmericaOur call of the day, from Bank of America Merrill Lynch seeks to cool those feverish brows, worried that seemingly unstoppable tech stocks could be nearing a...
Source: MarketWatch - 🏆 3. / 97 Read more »