EXECUTIVE SPEAKERS BUREAU
901-754-9404
My List0

We've now made it easier for you to research and save your favorite keynotes speakers. Click on the + sign to add a speaker to your Speaker List and email your favorites to colleagues and friends.

Building a Successful Lifestyle Brand in 2024: Lessons from Beekman 1802

Samantha Huntley
Wednesday, Feb 07, 2024
Book Now

In the modern business landscape, a company’s success relies on more than just a great product or service; it needs powerful storytelling to appeal to the next generation of consumers. Customers are increasingly drawn to the stories behind businesses, driving many companies to focus on building lifestyle brands that connect with people through shared narratives. The story of Beekman 1802 is a perfect example of how an authentic, sustainable, and community-focused lifestyle brand can take a product to the next level of success.

Humble Beginnings

When co-founders Dr. Brent Ridge and Josh Kilmer-Purcell moved to a farm in Sharon Springs, New York, and inherited a herd of goats, they began using their abundance of goat milk in creative ways, like making homemade soaps that they then shared with their community. After witnessing the effects of their goat milk soap on the community and people’s skin they realized they had something special.

This initial exploration into goat milk soap marked the beginning of what would become a multi-faceted lifestyle brand. With prior backgrounds in medicine and branding, they tapped into their respective skill sets to launch a venture that was both sustainable and community-oriented. This authenticity and resourcefulness laid the foundation for their future success​​​​​​ and set them on the path to becoming a multimillion-dollar skincare enterprise and Ulta’s Skincare Brand of the Year.

The Power of Product Differentiation and Expansion

A key to Beekman 1802's success is its distinct, value-based product: goat milk-based skincare. Recognizing the beneficial properties of goat milk for the skin, they developed a range of products that stood out in the crowded beauty market and are anchored in their heartfelt story. This differentiation, coupled with a focus on quality and effectiveness, quickly garnered attention and acclaim, earning them the coveted title of Ulta’s Brand of the Year​​​​ for 2023. Eventually, Beekman 1802 expanded into a broad range of skincare products, home goods, and food products.

Throughout this growth, they stayed true to the brand's values with an emphasis on natural ingredients rooted in their beginnings as a quaint goat farm. This ability to grow while maintaining their mission of uplifting their community showcases how diversification, when aligned with brand values, can open up new markets and revenue streams.

The Importance of a Strong Brand

Central to Beekman 1802's success has been the development of a strong brand identity. This identity, rooted in rustic charm, kindness, sustainable and ethical practices, and the natural benefits of goat milk, has resonated with consumers seeking authentic and wholesome products. Their story of transitioning from city to farm life and the challenges they faced along the way, added depth and relatability to their brand narrative. With clear values, they have appealed to a growing segment of values-based consumers who prioritize ethics and morals in the brands they support. They implement two key principles to create an authenticity that significantly enhances the brand appeal.

Kindness as a Business Strategy

Perhaps the most unique aspect of Beekman 1802's business model and brand identity is its focus on kindness. Their tagline, “There is beauty in kindness,” is one of many ways in which kindness shows up in their business. This approach has not only helped in building a positive brand image but has also facilitated partnerships and attracted talent that aligns with their values. Incorporating kindness into every business decision, they have shown that ethical considerations can be a powerful tool in brand building​​​​.

Cultivate Brand Loyalty through Community Engagement

Beekman 1802’s approach to building a community around their brand was revolutionary. By treating customers as 'neighbors' and involving them in the brand's story, they created a loyal customer base right from the start. This sense of belonging and shared values has been a cornerstone of their marketing strategy, contributing invaluably to their growth​​​​.

Innovative Marketing

Beekman 1802's growth can also be attributed to its skillful storytelling approach to marketing. Whether it's sharing the journey of their farm and goats or the benefits of goat milk in skincare, they have mastered the art of connecting with their audience emotionally. This approach to storytelling makes the brand relatable and memorable, creating a lasting impact on consumers. They’ve boiled down the keys to effective marketing for their audiences.

Embrace Live Streaming and Social Media

The brand's foray into live selling on television and social media platforms like TikTok and Instagram has been a game-changer. By using platforms such as QVC, HSN, and Livescale, they have tapped into the power of direct consumer engagement. Their innovative use of livestream shopping events, combined with a unique blend of storytelling and authenticity, has significantly boosted their sales and customer engagement​​​​.

Leverage Media and Television

The co-founders' journey and brand story were further popularized by their reality show, The Fabulous Beekman Boys. This exposure not only introduced the brand to a wider audience but also highlighted their commitment to sustainable farming and community living, reinforcing their brand's authenticity and ethos​

Adapting Along the Way

Beekman 1802 has faced its share of challenges, from product perception issues to navigating the highly competitive skincare market. However, their willingness to innovate and adapt demonstrates their ability to overcome obstacles and continue growing. One major strategic move for their product came in the form of investing in elevated scent technology to uplevel their products and give them a competitive edge in the oversaturated skincare industry.

Avoiding Debt

Unlike many startups, Beekman 1802 grew without relying on debt or outside investors. This meant they were growing at the rate of their popularity. This financial caution allowed them to reinvest profits back into the business, ensuring controlled and sustainable growth. Such financial prudence is a vital lesson for any business looking to expand without overextending itself​.

The Role of Partnerships and Collaborations

Strategic partnerships have played a significant role in Beekman 1802's growth. Collaborations with other brands and retailers have enabled them to reach new markets and demographics, showcasing the importance of synergistic relationships in business expansion. Ridge and Kilmer-Purcell believe they have grown exponentially based on key partnerships that they believe would have never happened if it wasn’t for the values that attracted like-minded companies to them.

Beekman 1802's journey from a small farm to an international lifestyle brand is a testament to the power of innovative thinking, authenticity, community engagement, and ethical business practices. For businesses aspiring to replicate their success, the lessons are clear: differentiate your product, invest in your community, embrace your story, and stay true to your values. By following these principles, any brand can chart a path to success in today's competitive marketplace.

 

Comments

Leave a Comment

Recent Posts

blog-post-2

Inspirational Speakers Leading the Charg . . .

Friday, April 12, 2024
blog-post-2

Navigating Change at Work: A Culture App . . .

Thursday, April 11, 2024
blog-post-2

Inspiring Creativity and Innovation: The . . .

Wednesday, April 3, 2024
MORE

Sign up for our Email Newsletter

FaceBook

Testimonials

Everyone on the ESB team has been great to work with for our events. Looking forward to keep working with ESB!

Plexus Worldwide

We had a positive experience with ESB. Matt Meyer is a great communicator and easy to get a hold of. His helped us through the process to mak..

BNSF

ESB was patient, thorough, and responsive during the planning process. Thank you for making this such a great experience for us!

ConnectWise

ESB supported our needs and the needs of our speaker throughout the entire process. I highly recommend working with ESB to find your next spe..

DogWatch

"It's always a pleasure to work with ESB. Very professional and personable staff. Thanks!"

Testimonial | Texas Society of Architects

"Excellent! Thank you for being a true partner to our organization and its development."

HCA Healthcare

"They are the only speakers bureau I will even consider using!"

Testimonial | Youth Villages

A wonderful bureau to work with! Big ups to everyone who helped make our event a success. Fingers crossed we get the chance to collaborate fo..

MDRT | Testimonial

"As always, you are the best most responsive speaker bureau I've ever worked with!"

Image Media

Angela Schelp was a great partner in finding the right kick-off speaker for our conference. This was my first conference identifying the keyn..

CubeSmart
Need Suggestions? Have Questions?

Need Suggestions? Have Questions?

Call to discuss how we can you help find the right speaker(s) for your organization.

© 2024 Executive Speakers Bureau. All Rights Reserved.

Design and Developed by eBiz Solutions

Get Ideas in 1 hour or less

Executive Speakers Bureau consistently receives praises about our speed and efficiency. From the beginning of your event planning, our extensive online speaker database and resourceful staff allow us to quickly equip you with the best speaker for your event.

Need a last minute speaker? No worries. Our speed and efficiency help us give you ideas for speakers in one hour or less.

Please fill in information below