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Kat Schneider

πŸ‘€ Speaker
228 total appearances
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Appearances Over Time

Podcast Appearances

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

And then I trust the science.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

When are you going to put out a prenatal vitamin?

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

And only then should we kind of expand that.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

The circle right around where we started.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

I think the instinct is to not go niche and that's and then you don't stand for anything.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

For us, it goes both ways.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

So one of the most successful launches we ever put out, which was our symbiotic class, it's a pre-pro-postbiotic.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

And what we saw was we had hundreds of thousands of active subscribers that we built out through the years.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

And they said, number one for us is gut health.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

Put something out in the gut health space and we'll adopt it.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

And so when we put that product out in market, it did $30 million in sales in the first year, which obviously would be so hard if you were just in retail channels.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

But because we were direct-to-consumer, it was the best example of being a digitally native brand with really sticky, loyal customer base.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

And so that was a really good example of, you know, listening to our customers, I would say.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

Where I don't listen to our customers, sometimes people don't know what they want until they know what the science is.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

You know, I think one example of that is our choline product.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

Choline only became an essential nutrient recently.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

And so consumers weren't even aware that that was something that they needed during their pregnancy.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

And we were the first company to really launch this natal choline.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

We worked with our advisor from Cornell.

Founder's Story
The Supplement Industry Is Broken and Ritual Is Rebuilding Trust From Scratch | Ep. 409 with Kat Schneider Founder & CEO of Ritual

She's a leader in the space.