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A tartalmat a The Modern Retail Podcast biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a The Modern Retail Podcast vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.
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How Crown Affair's CEO took the brand into Sephora and beyond to capture more of the hair-care market

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Manage episode 471128098 series 1743309
A tartalmat a The Modern Retail Podcast biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a The Modern Retail Podcast vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.

Hair-care startup Crown Affair has had a big couple of years. After launching in January 2020, Crown Affair entered Sephora in 2022. The brand’s profile has grown as Crown Affair’s products have made the rounds on social media, most notably with Doja Cat donning the brand’s hair towel on the 2024 Met Gala red carpet.

This year, the brand aims to do around $30 million in revenue, up from $20 million last year.

And one of the people who has been instrumental in helping Crown Affair hit bigger and bigger milestones is Elaine Choi, who joined the company shortly before its launch as its founding president and COO. Recently, Choi was elevated to CEO, and she joined the Modern Retail Podcast to talk about her vision for Crown Affair this year.

Dianna Cohen is the founder of Crown Affair. The company’s goal is to help people redefine their relationship with their hair and build new hair rituals with high-quality basics, like “the oil” and “the dry shampoo.” Many of the Crown Affair’s customers were introduced to the brand through Cohen’s videos on TikTok and Instagram, where she has amassed tens of thousands of followers, and shares everything from hair-care tips to behind-the-scenes looks at product development.

"[Cohen is the] creative, visionary founder, and she needed an operator to come in and work with her and launch the brand," Choi said. "So we got connected through a mutual friend. … It was just, like, an instant kismet connection.” Choi ended up joining the brand four months prior to launch, moving from her hometown of Los Angeles to New York to work on Crown Affair.

In the more than five years that she’s been with Crown Affair, Choi has been responsible for the operations side and, overall, making sure the brand is moving where it needs to go. Choi, a former cross-country athlete, likened the process to preparing for a race.

“You know where the finish line is, but how are you setting those milestone markers to keep you going?” she said. “I remember I would practice for a race, and there was always, like, a tree at the one-mile mark. And I was like, 'OK, cool. So I just have to get to that tree in this amount of time, and then I'm on track.' And that was kind of like the beginning stages [of building Crown Affair].”

Now, as CEO, Choi said she’s focused on a few key markers: helping the brand grow through increased distribution as Crown Affair launches in more Sephora stores, honing in on what marketing tactics are working, and keeping Crown Affair’s employees happy and focused as the business continues to evolve.

  continue reading

478 epizódok

Artwork
iconMegosztás
 
Manage episode 471128098 series 1743309
A tartalmat a The Modern Retail Podcast biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a The Modern Retail Podcast vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.

Hair-care startup Crown Affair has had a big couple of years. After launching in January 2020, Crown Affair entered Sephora in 2022. The brand’s profile has grown as Crown Affair’s products have made the rounds on social media, most notably with Doja Cat donning the brand’s hair towel on the 2024 Met Gala red carpet.

This year, the brand aims to do around $30 million in revenue, up from $20 million last year.

And one of the people who has been instrumental in helping Crown Affair hit bigger and bigger milestones is Elaine Choi, who joined the company shortly before its launch as its founding president and COO. Recently, Choi was elevated to CEO, and she joined the Modern Retail Podcast to talk about her vision for Crown Affair this year.

Dianna Cohen is the founder of Crown Affair. The company’s goal is to help people redefine their relationship with their hair and build new hair rituals with high-quality basics, like “the oil” and “the dry shampoo.” Many of the Crown Affair’s customers were introduced to the brand through Cohen’s videos on TikTok and Instagram, where she has amassed tens of thousands of followers, and shares everything from hair-care tips to behind-the-scenes looks at product development.

"[Cohen is the] creative, visionary founder, and she needed an operator to come in and work with her and launch the brand," Choi said. "So we got connected through a mutual friend. … It was just, like, an instant kismet connection.” Choi ended up joining the brand four months prior to launch, moving from her hometown of Los Angeles to New York to work on Crown Affair.

In the more than five years that she’s been with Crown Affair, Choi has been responsible for the operations side and, overall, making sure the brand is moving where it needs to go. Choi, a former cross-country athlete, likened the process to preparing for a race.

“You know where the finish line is, but how are you setting those milestone markers to keep you going?” she said. “I remember I would practice for a race, and there was always, like, a tree at the one-mile mark. And I was like, 'OK, cool. So I just have to get to that tree in this amount of time, and then I'm on track.' And that was kind of like the beginning stages [of building Crown Affair].”

Now, as CEO, Choi said she’s focused on a few key markers: helping the brand grow through increased distribution as Crown Affair launches in more Sephora stores, honing in on what marketing tactics are working, and keeping Crown Affair’s employees happy and focused as the business continues to evolve.

  continue reading

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