Transforming DTC via supply chain innovations with Boll & Branch CEO Scott Tannen | E1809
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 14 September 2023
⏱️ 56 minutes
🧾️ Download transcript
Summary
This Week in Startups is brought to you by…
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Today’s show:
Boll & Branch CEO Scott Tannen joins Jason to discuss taking control of the supply chain (11:40), building a trusted brand through transparency (18:12), the importance of boots-on-the-ground methodology (28:02), and much more!
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Time stamps:
(0:00) Boll & Branch CEO Scott Tannen joins Jason
(3:12) Boll & Branch’s position in the market
(4:53) The origin story, insights gained about supply chains, and increasing product quality
(10:17) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(11:40) Going deep into the supply chain dynamics and Boll & Branch’s key innovation
(16:05) The benefits of organic cotton and creating a cost of goods advantage
(18:12) How traceability sets Boll & Branch apart as a textile brand
(24:40) Plunge - Go to https://plunge.com and use code twist150 for $150 off
(26:11) Hotels and the hospitality business
(28:02) The importance of Fairtrade certification and the boots-on-the-ground methodology
(38:33) NetSuite - Download your free KPI Checklist at http://netsuite.com/twist
(40:04) Human rights, inclusion, and global wages
(45:10) The impact of inflation post-covid and the changes in consumer behavior
(46:48) The cost of marketing and the channels that work
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Check out Boll & Branch: https://www.bollandbranch.com/
FOLLOW Scott: https://twitter.com/scotttannen
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Transcript
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| 0:00.0 | So when you carry that fair trade logo as Patagonia does as we do and many, many other brands, |
| 0:06.5 | you know that those come from, you know, completely economically sustainable. |
| 0:11.6 | This is like a nonprofit that certifies some amount of standards. |
| 0:15.0 | Yeah, and they, again, I knew them from the food business and they are fairly ubiquitous. |
| 0:18.6 | If you walk in the whole foods, you'll see the logo everywhere. |
| 0:21.6 | And Paul Rice is the gentleman that started it and runs fair trade USA. |
| 0:26.8 | And, you know, it was one phone call saying, hey, I don't know anything, but I'm starting a |
| 0:32.0 | sheets company. I don't know how to make sure that I'm paying enough for the raw material. |
| 0:37.1 | I don't know how I make sure that my factories are charging me enough for the products and that |
| 0:42.4 | the money ends up going into the hands of the right people. That is the key thing. |
| 0:46.6 | This week in startups is brought to you by Squarespace. Turn your idea into a new website. |
| 0:53.2 | Go to squarespace.com slash twist for a free trial. |
| 0:57.6 | When you're ready to launch, use offer code twist to save 10% off your first purchase of a |
| 1:03.1 | website or domain. Plunge. Go to plunge.com and use code twist 150 for $150 off your |
| 1:12.4 | code plunge tub and net sweep. Once your business gets to a certain size, the cracks start to emerge. |
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| 1:35.8 | twist. All right, everybody. Welcome back to this week in startups. Our all-star summer continues. |
| 1:41.6 | D to C direct to consumer has been a feast and famine of a vertical for venture capital and for |
| 1:49.2 | entrepreneurs really hard to connect with consumers. You've got all kinds of copycat, third-party |
| 1:55.6 | sellers, any kind of innovation you make in the product space is quickly copied and it's a race |
| 2:02.1 | to the bottom in terms of your margins and competing. Heck, you put something on Amazon. You might |
... |
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