Former Lazada Indonesia co-CEO Duri Granziol has launched consumer goods brand Mama's Choice in Indonesia with plans to expand across Southeast Asia. The brand seeks to appeal to expecting and new mothers by providing safe, halal and natural personal care products at an affordable price point.
In this episode, Duri shares significant ideas, thoughts, and insights on brand creation and product development. More than the experience approach of most for building a brand, he chose to embark on a data-driven perspective in conducting research and study to know the market and its demand.
There was no reason to reinvent the wheel of what big companies are doing, thus, utilizing third parties to manufacture products. He provides valuable thoughts on what sales channel mix to use where selling and marketing are concerned. And he doubles down on finding a brand's unique selling point as a differentiating factor from the rest of the market. And for the business to stay in the game for the long term.
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"The strategy was to go in some niches where we felt it was easier to enter and then go into more competitive categories later. We were looking at the needs of mothers that were currently unmet and trying to find a better solution for that." - Duri Granziol
"It was a given that we're going to start manufacturing locally. But then I realized Unilever, P & G, and everybody has outsourcing providers. They have factories that...