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How I Built This with Guy Raz

Supergoop!: Holly Thaggard

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.831.1K Ratings

🗓️ 8 June 2020

⏱️ 73 minutes

🧾️ Download transcript

Summary

In 2005, the trajectory of Holly Thaggard's life completely changed when a good friend of hers was diagnosed with skin cancer. Holly realized that most people weren't taking sunscreen seriously, so she sidelined her vocation as a harpist to dive headfirst into the unfamiliar world of SPF. After a false start trying to market her sunscreen to elementary schools, Holly pivoted to retail, hiring a publicist she could barely afford. She eventually got her products into Sephora, a success that helped turn Supergoop! into a multi-million dollar brand. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

Hey, Prime Members, you can listen to how I built this early and ad-free on Amazon Music.

0:07.0

Download the app today.

0:09.0

New Year's is here, and with it brings the possibility of change.

0:13.0

As one behavioral scientist put it, first starts are really powerful.

0:17.0

So as you head into 2023, LifeKit is a great resource to help you plan your life and tackle changes, both big and small.

0:24.0

Listen to the LifeKit podcast from NPR.

0:30.0

I had created the sunscreen swipes, and apparently the swipes were a huge hit.

0:36.0

So I would go around to stores during that period, and the swipes were always gone.

0:42.0

They were just wiped off the shelf.

0:44.0

But the problem was I knew that my sales couldn't be great if there were no products on the shelf.

0:49.0

And so I'd go into as many stores as I could with swipes in my bag and literally like stock the shelves.

0:56.0

Like I'd give them product, which is crazy, right?

1:06.0

From NPR, it's how I built this.

1:09.0

A show about innovators, entrepreneurs, idealists, and stories behind the movements they build.

1:15.0

I'm Guy Ross, and on the show today, how Holly Thagger decided that sunscreen should be used every day and at every time of year.

1:26.0

And how that idea grew into the multi-million dollar brand Supergoop.

1:33.0

There's a concept in business known as ProductMarket Fit.

1:37.0

It was popularized by the well-known Silicon Valley venture capitalist Andy Rackliffe.

1:42.0

And the idea is pretty simple.

1:45.0

You have a product. If there's a market fit, people will buy it.

1:49.0

If not, they won't.

1:51.0

Sometimes there's no product market fit because the product solves a problem that no one really has.

...

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