Figuring Out with Raj Shamani

Indian Skincare & Beauty Brand, Marketing & Customer Insights - Minimalist | FO 185 Raj Shamani

April 04, 2024 Raj Shamani
Figuring Out with Raj Shamani
Indian Skincare & Beauty Brand, Marketing & Customer Insights - Minimalist | FO 185 Raj Shamani
Show Notes

Order 'Build, Don't Talk' (in English) here: https://amzn.eu/d/eCfijRu
Order 'Build Don't Talk' (in Hindi) here: https://amzn.eu/d/4wZISO0

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Smell good, feel confident. Use my code Raj10 to get additional 10% off all Blanko perfumes: https://hi.switchy.io/BlankoxRaj

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Timestamps:

00:00 - Intro
00:55 - Raj’s introduction to Minimalist 
02:12 - Minimalist beginning 
06:53 - Funding from Unilever and Sequoia 
08:35 - Organic over paid marketing
12:35 - Product quality over marketing 
16:56 - Inspired by Ordinary 
20:05 - Different segments of customers
23:06 - Fair & Lovely branding strategy
26:08 - Evolution of brand building
30:55 - Online presence Vs Retail 
39:08 - Retail Marketing technique 
41:33 - Modern distribution channels 
43:35 - Highest selling categories 
46:40 - Dealing with competitors 
49:06 - Performance Marketing in India
52:53 - Difference between Indian and US customers
55:29 - Thanks for watching!

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In today’s episode of Figuring Out, we have Minimalist’s co-founder Mohit Yadav in conversation with Raj Shamani. Minimalist is one of the fastest-growing skincare brand of India which has grown from 0 to 100 crores in just 8 months. You will hear all that it took for this brand to grow and become one of the favourite brands of consumers in this episode.

In this episode, we talked about how Mohit started Minimalist, the early days of him figuring out everything in this business, and how Minimalist’s Instagram followers went from 200 to 10,000 within 2 days. He further explained the complete breakdown of the journey of reaching 0 to 100 crores in revenue within 8 months of starting the brand. We also talked about if Minimalist is inspired by The Ordinary which is popular in the U.S. and the three segments of different consumers that he came across while building Minimalist. 

We discussed the modern distribution channels like Zepto, Swiggy, and more and how much these channels contribute to their overall sales. He shared the top 3 skincare products that are most bought in India. He explained their social media strategy and overall strategy to have 4x consumer retention. We ended our conversation by talking about how Indian consumers are different from consumers from any other country. For more such insightful conversations, subscribe to our channel and join this journey of Figuring Out. 

Follow Mohit Yadav On:
LinkedIn: https://in.linkedin.com/in/mohitmst

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