Your Truth Shared
#96 Uniting Technology, Brands and Consumers Like Never Before with Wendy Slattery
12 Nov 2024
Hands up if you’ve ever felt overwhelmed by the sheer number of products in the beauty industry! Do you have a little bag stashed away in the back of your drawer with half-used products? Don’t worry, you’re not alone! This week, Wendy Slattery, CEO of Beauty Buddy, is here to take us on her and her sister’s journey to transform personal challenges within the beauty industry into a flourishing, tech-based, community-driven solution. Wendy, alongside her sister and co-founder, aimed to change how consumers navigate the overwhelming sea of beauty products by creating a platform inspired by TripAdvisor. Their vision was clear: to empower consumers with unbiased reviews through a simple barcode-scanning app. Hear firsthand about the pivotal role that accelerator programs like New Frontiers and the NDRC played in shaping Beauty Buddy’s trajectory. Wendy also unpacks the a-ha moments of her career, behind the scenes of planning an adventurous expansion into the U.S. market and how their platform now offers valuable consumer insights directly into the hands of beauty brands. Wendy also reminds us that, no matter the hurdles, we should keep pursuing our dreams because we don’t want to live with the true cost of not trying. Key points throughout include: From frustrated consumers to beauty innovators: Tackling overwhelm and waste in the industry Sisters on a mission: Building a global business from Ireland The knowledge gap: How the beauty industry overlooked consumer needs Leveraging support and programs to accelerate business growth Overcoming investment challenges and the importance of a clear business plan How Beauty Buddy connects brands with their unseen consumers Win-Win-Win: A Model Where the Beauty Squad, Brands, and Consumers All Benefit Navigating B2B2C challenges and simplifying a dual business model Looking ahead and essential advice for aspiring entrepreneurs “The more we got into the beauty industry, the more we’ve spoken to makeup artists, beauticians, brands, and retailers. They were all like, how does that not exist already? It’s because they knew the answers, but the consumer didn’t.” – Wendy Slattery. Get connected with Wendy Slattery: https://www.linkedin.com/in/wendyslattery/ https://www.poweredxbeautybuddy.com/ Get connected with host Finola Howard: https://www.finolahoward.com/ https://www.finolahoward.com/book https://www.linkedin.com/in/finolahoward/ https://www.instagram.com/thisisfinolahoward https://www.facebook.com/thisisfinolahoward https://www.youtube.com/c/howgreatmarketingworks https://www.twitter.com/FinolaHoward
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