April 20th, 2012


THE GÜD™ STORY
GARRETT PUTMAN (@GPUTMAN)
About Me
About Me
The güd™ Story
Natural Personal Care Overview
               Burt’s Bees® is the
               #1 Brand in NPC -
               almost 2X the size
                of the #2 player
Question:
   How can we
rapidly accelerate
     growth?
Strategic Choices




              OR
PROJECT
WELKER
Kick-Off
Jan 18, 2011
Understand the Consumer
                               BURT’S                              ??                  Low Value
                                BEES                                                   Segments
    Segment Name          Committed     Health & Beauty            Beauty            Demanding         Value Pragmatists
                          Naturalists       Sleuths              Enthusiasts       Conventionalists
     % of Females             1%               7%                   12%                  27%                 39%
  % of NPC of total PC       71%               27%                  16%                  10%                  3%
    % of NPC Sales            9%               26%                  25%                  29%                 11%
 NPC Purchase Drivers    Committed to   Heavy researchers     Follower of beauty     Responsive to     Driven by brand to
                         environment     learning more         and green trends     environmental      determine quality
                          and health      about living              driven by        concerns and      and loyal to those
                                        healthier lifestyle       ingredients,          driven by       that work at the
                                                                fragrances and        ingredients,         right price
                                                                  promotions        fragrances and
                                                                                      promotions
 Importance of Natural       High       More pronounced        Embedded with       Dabbles but needs   Little engagement
                                                                other needs           convincing           with Natural
  Approach to Beauty        Inward           Inward               Outward              Outward             Outward
  Approach to Health     Educated and       Proactive          Concerned but       More mainstream     Less involved than
                          committed                            laissez-faire in     approach and             average
                                                                    action             average
                                                                                     involvement
Understand the Consumer
            Product Mindset:
            • Follows beauty trends & is a heavy purchaser of products
            • Open to NPC but more concerned with efficacy than natural
            • Seeks products with high sensory elements (fragrance)

            Personality:
            • Optimistic & spontaneous. Lives in the moment
            • Knows how to have a good time & make things fun for
              others
            • Heightened appreciation for outward beauty & beautiful things

            Lifestyle:
            • Highly engaged with technology (her 7th sense)
            • Extraverted. Stimulated by new experiences and interaction
              with people
            • Brand relationships can be a form of self-expression
Look For White Space
                                                                                      Brand Image Strength & Weaknesses


            Consider the environmental impact
            when making business decisions
                                                           1                           15             8                   8             -4                -12                    0
Natural




            Do not include any man made chemicals              3                      12                  11                  13        -4                  -9              -4

            Have products that are all at least 95%
            Natural
                                                                   6                       18              14                      17   -5            -14              -8

            Are healthy for me and my family               1                      5                   6               4                      2            -12          -7

            Have products with a pleasant         -4                   -11                  -8                   -2                                  10                33                13
Sensorial




            scent

            Have products that make me feel           -3                     NA                  -4             -4                           4                   16                  5
            beautiful

            Have products that are enjoyable to use
                                                           0           -11                  -8                 -5                                6                20                 5
Look For White Space
   THE WAY BEAUTY HAS BEEN EXPRESSED IN CULTURE
     OVER THE YEARS HAS DRAMATICALLY CHANGED.

          1990’s                 2010’s
Look For White Space
   THE WAY BEAUTY HAS BEEN EXPRESSED IN CULTURE
     OVER THE YEARS HAS DRAMATICALLY CHANGED.

          1990’s                 2010’s

       FROM THIS              TO THIS
         Rigid                 Playful
         Muted                Vibrant
         Stoic                Flexible
         Aloof              Approachable
Look For White Space
     FUN BREAKS AWAY FROM THE TWO DOMINANT
           CONVENTIONS IN THE CATEGORY.
         earthy              clinical
Look For White Space

      While other brands are
   content at being eco-friendly,
   güd™ can be the advocate for
         something else…

  eco-friendly          eco-fun
Eco-Fun
Eco-Fun
Our Product Portfolio




32 new SKU’s across 8 body, hair, & hand care categories

3 national scents and one Target® exclusive fragrance

No parabens, petrochemicals, or phthalates

Not tested on animals
One Central Launch Idea
Make Packaging Work Harder
                 On-Pack QR Codes
Influence the Influencer
Use Disruptive Creative Ideas
                     THE FIRST EVER
                     SCENTED
                     FACEBOOK
                     EXPERIENCE:

                     “Wherever güd
                     goes, güd happens”
Leverage Social Media


We’ve already
earned 284K Fans
– more than Crest®,
Dial®, Method®,
Kashi®, and Green
Works®
New Ways Of Working
Our Project Timeline
• January 18:    Team Kick-off
• February 10:   Finalized product mix and pricing
• February 11:   Selected brand agency
• February 16:   Selected 3PM and base formulations
• March 7:       Selected brand name
• March 11:      Selected packaging forms
• March 31:      Key Account Meeting with Sales Team
• April 11:      Finalized Top 4 fragrance lines
• August 1:      Shipped Sales Samples to all accounts
• Nov 18:        Ship to Trade
• December 6:    e-Commerce site goes “live”
• December 27:   Target endcap launch
Our Project Timeline

                  10 months
                  from start of
                  project to
                  first ship
                  date!
Keys To Agility

                  Align decision
                  rights with senior
                  leadership up-
                  front
Keys To Agility

                  Start with a high-
                  performing
                  cross-functional
                  team with clear
                  roles &
                  responsibilities
Keys To Agility

                  Don’t
                  over
                  analyze
                  the
                  data!


                       29
Keys To Agility
                  Use expert
                  external
                  resources to
                  reduce burden
                  on internal team


                                30
Keys To Agility


                  Prepare
                  yourself for
                  the ride



                            31
Thank You


@gputman
Facebook.com/gud
@gudhappens




                   32
Q&A




      33

Garrett Putman Innovate Carolina

  • 1.
    April 20th, 2012 THEGÜD™ STORY GARRETT PUTMAN (@GPUTMAN)
  • 2.
  • 3.
  • 4.
  • 5.
    Natural Personal CareOverview Burt’s Bees® is the #1 Brand in NPC - almost 2X the size of the #2 player
  • 6.
    Question: How can we rapidly accelerate growth?
  • 7.
  • 8.
  • 9.
    Understand the Consumer BURT’S ?? Low Value BEES Segments Segment Name Committed Health & Beauty Beauty Demanding Value Pragmatists Naturalists Sleuths Enthusiasts Conventionalists % of Females 1% 7% 12% 27% 39% % of NPC of total PC 71% 27% 16% 10% 3% % of NPC Sales 9% 26% 25% 29% 11% NPC Purchase Drivers Committed to Heavy researchers Follower of beauty Responsive to Driven by brand to environment learning more and green trends environmental determine quality and health about living driven by concerns and and loyal to those healthier lifestyle ingredients, driven by that work at the fragrances and ingredients, right price promotions fragrances and promotions Importance of Natural High More pronounced Embedded with Dabbles but needs Little engagement other needs convincing with Natural Approach to Beauty Inward Inward Outward Outward Outward Approach to Health Educated and Proactive Concerned but More mainstream Less involved than committed laissez-faire in approach and average action average involvement
  • 10.
    Understand the Consumer Product Mindset: • Follows beauty trends & is a heavy purchaser of products • Open to NPC but more concerned with efficacy than natural • Seeks products with high sensory elements (fragrance) Personality: • Optimistic & spontaneous. Lives in the moment • Knows how to have a good time & make things fun for others • Heightened appreciation for outward beauty & beautiful things Lifestyle: • Highly engaged with technology (her 7th sense) • Extraverted. Stimulated by new experiences and interaction with people • Brand relationships can be a form of self-expression
  • 11.
    Look For WhiteSpace Brand Image Strength & Weaknesses Consider the environmental impact when making business decisions 1 15 8 8 -4 -12 0 Natural Do not include any man made chemicals 3 12 11 13 -4 -9 -4 Have products that are all at least 95% Natural 6 18 14 17 -5 -14 -8 Are healthy for me and my family 1 5 6 4 2 -12 -7 Have products with a pleasant -4 -11 -8 -2 10 33 13 Sensorial scent Have products that make me feel -3 NA -4 -4 4 16 5 beautiful Have products that are enjoyable to use 0 -11 -8 -5 6 20 5
  • 12.
    Look For WhiteSpace THE WAY BEAUTY HAS BEEN EXPRESSED IN CULTURE OVER THE YEARS HAS DRAMATICALLY CHANGED. 1990’s 2010’s
  • 13.
    Look For WhiteSpace THE WAY BEAUTY HAS BEEN EXPRESSED IN CULTURE OVER THE YEARS HAS DRAMATICALLY CHANGED. 1990’s 2010’s FROM THIS TO THIS Rigid Playful Muted Vibrant Stoic Flexible Aloof Approachable
  • 14.
    Look For WhiteSpace FUN BREAKS AWAY FROM THE TWO DOMINANT CONVENTIONS IN THE CATEGORY. earthy clinical
  • 15.
    Look For WhiteSpace While other brands are content at being eco-friendly, güd™ can be the advocate for something else… eco-friendly eco-fun
  • 16.
  • 17.
  • 18.
    Our Product Portfolio 32new SKU’s across 8 body, hair, & hand care categories 3 national scents and one Target® exclusive fragrance No parabens, petrochemicals, or phthalates Not tested on animals
  • 19.
  • 20.
    Make Packaging WorkHarder On-Pack QR Codes
  • 21.
  • 22.
    Use Disruptive CreativeIdeas THE FIRST EVER SCENTED FACEBOOK EXPERIENCE: “Wherever güd goes, güd happens”
  • 23.
    Leverage Social Media We’vealready earned 284K Fans – more than Crest®, Dial®, Method®, Kashi®, and Green Works®
  • 24.
    New Ways OfWorking
  • 25.
    Our Project Timeline •January 18: Team Kick-off • February 10: Finalized product mix and pricing • February 11: Selected brand agency • February 16: Selected 3PM and base formulations • March 7: Selected brand name • March 11: Selected packaging forms • March 31: Key Account Meeting with Sales Team • April 11: Finalized Top 4 fragrance lines • August 1: Shipped Sales Samples to all accounts • Nov 18: Ship to Trade • December 6: e-Commerce site goes “live” • December 27: Target endcap launch
  • 26.
    Our Project Timeline 10 months from start of project to first ship date!
  • 27.
    Keys To Agility Align decision rights with senior leadership up- front
  • 28.
    Keys To Agility Start with a high- performing cross-functional team with clear roles & responsibilities
  • 29.
    Keys To Agility Don’t over analyze the data! 29
  • 30.
    Keys To Agility Use expert external resources to reduce burden on internal team 30
  • 31.
    Keys To Agility Prepare yourself for the ride 31
  • 32.
  • 33.
    Q&A 33