Why Phase 3?
Despite the built-in advantages top creators have with their reach and influence, it takes a lot more to launch, operate, and scale a consumer brand. This is where our 100 plus years of business management and operations make all the difference.
Areas of Expertise
Business Operations
-
Running a business requires a host of business operations capabilities, such as managing finances, inventory, logistics, and customer service
-
It can be a steep challenge to balance these responsibilities alongside other responsibilities such as content creation and maintaining an online presence
Product Development
-
Creating a high-quality and innovative product that meets customer expectations can be a complex process
-
Time and resource investment in product research and development, testing, and iterating is needed to ensure new product offerings are compelling
Manufacturing & Supply Chain
-
Setting up manufacturing processes, sourcing quality materials, and managing the supply chain can be complex and time-consuming
-
To ensure product quality and timely delivery it is best to partner with someone experienced in supply chain operation and experienced manufacturers
Marketing & Promotion
-
While influencers have an advantage in terms of their reach, they still need to effectively market and promote to reach a broader customer base
-
This requires strategic planning, a full-funnel marketing strategy, and potentially collaborating with other influencers or platforms to increase brand visibility
Pricing &
Profitability
-
Determining the right pricing strategy that aligns with the product's value proposition while also ensuring profitability can be challenging
-
We evaluate cost of goods sold, overhead, competitor pricing, and customer willingness to pay to establish sustainable pricing models
Inventory Management
-
Balancing inventory levels to meet demand without incurring excessive costs or stockouts can be a delicate balancing act
-
We work to accurately forecast demand, manage stock levels, and optimize the supply chain to maintain adequate inventory levels
Regulatory Compliance
-
Entering industries such as health, wellness, beauty, food may require navigating regulatory requirements and compliance with laws and regulations
-
This is time consuming and requires specific expertise to comply with requirements for labeling, safety, or health standards