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REPOR T


            MAJOR RETAILERS ARE MOST INTERESTEd IN:


                Brands with a momentum: brands with an established level of awareness and sales
                momentum, 100K+ social media followers, a strong visual identity, constant & quality press.



        Brands falling into the conscious beauty category: clean,
       vegan, cruelty-free, sustainable packaging and positive impact.
                                                                        ChALLeNGeS To SuRMouNT
                                                                        BefoRe LAuNCh
                    Black owned brands: Black beauty founders           Evaluating Potential Partners:
                    have a great opportunity to get in front of buyers.  Navigating  this  landscape  can  be  a  difficult  and
                                                                        tumultuous task. When considering an optimal partner,
                                                                        a brand must evaluate what an organization is ready to
                                                                        offer the brand and how will it support their growth.
            Top 10 MuST hAVeS foR ANy                                   Though it always comes down to the unique goals
            BRANd LAUNCHING IN THE USA:                                 of the brand and the needs of their core consumer,
            1.  An excellent product with a unique point of differentiation. Brand   a brand must navigate this challenge well, seeking
                identity is key to success in a crowded marketplace. A brand must   counsel if necessary.
                                                                        Establishing Healthy Replenishment:
                be rooted in authenticity, as the customer is more aware than   Brands need  a  healthy  replenishment  strategy  once
                ever before. Brands need to know who their customer is, what   they get that opening order. If they do not have a
                they’re going to do for them, and meet them where they are, with   training or event program in place, a brand will need
                strategic distribution.                                 to create bespoke experiences for clients and selling
            2.  PR strategies in place for brand awareness.             staff, execute trainings, and provide event support on
            3.  A substantial marketing budget immediately available not only   behalf of brand partners. Having a field team can bring
                for the launch but for the entire partnership.          activations to life within retail partners; and grow the
            4.  A dedicated sales team that can actively represent the brand   velocity of a brands product(s). It can be overwhelming
                                                                        for a brand to take this on as they consider global
                with in-person presentations & trade show participation, as well   expansion.  This is why having a support team, that
                as ongoing strategies to help bridge the gap between brands   functions as a tool to bring activations to life and
                and buyers.                                             also help a brand build a replenishment business,
            5.  A logistics systems that is in place - this means U.S. warehousing/  is important.  Additionally, the team should conduct
                shipping capabilities. Brands may also choose to partner with a   quarterly sales meetings with buyer partners to ensure
                synergistic agency to help the brand get in front of the right buyers.  the product is turning, and work together to build a
                                                                        strategy to grow the business.
            6.  The right partnerships capable of acting as the most powerful   Navigating MoCRA
                megaphone(s) possible in order to introduce the brand to the   Before MoCRA, the United States had not substantially
                market. To build brand recognition, brands often need to partner   changed or updated federal regulations governing
                eventually, with a few major retailers to grow their community.   cosmetics since the passage of the FDCA in 1938
            7.  A supply chain and cash lined up to be able to scale as fast as   and the passage of the Fair Packaging and Labeling
                retailers demand and be ready to support that success in every   Act (FPLA) in 1966.  Although MoCRA establishes
                                                                        several new requirements concerning product safety, it
                way, so that the brand is viewed as a valuable partner. It can be   provides comparatively little guidance on the kinds of
                tempting for a brand to take a retail opportunity that is presented,   marketing or promotional claims brands can now make
                but it will cost more in the long run if a brand signs onto retailers   about the safety of their products. Hiring an expert can
                that are misaligned with its customer base.             help navigate the new regulatory requirements.
            8.  A synergistic brand and buyer relationship, one that builds a   Section a should be
                strategy to grow the business. A buyer may bring in 2-3 SKUs to   This is especially true for smaller cosmetics
                                                                        companies. These brands can best handle the MoCRA
                start, but with the option to grow the assortment as the brand   regulations by turning to industry expert counsel for
                scales with them. Additionally, brands should seek buyers that   help. What’s needed: A gap analysis to address where
                accept training and their marketing strategy so that a healthy   process remediation would be needed, and, as we
                replenishment strategy is able to be implemented. Finally,   move into the next phases of MoCRA in the coming
                brands need to support their buyer partners, providing them   years, a dedicated team focused on everything from
                with: marketing, protocols, training, events, samples, and tokens   education, to corrective action, and disaster recovery
                                                                        if they were ever to be shut down by the FDA. In
                of appreciation.                                        the case of venture capital investors, which have a
            9.  Both imported and domestically manufactured cosmetics must   financial  stake  in  their  cosmetics  investments,  and
                comply with the FDA’s recent regulatory changes outlined under   must fully understand the risks (or lack there of), as
                MoCRA.                                                  well as what it takes to maintain compliance, expert
            10. The company needs to be EDI compliant (electronic data   counsel will be key.
                interchange).



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