From Eczema Struggles to $1.2M Sales: Kristen Dunning's Gently Soap on Shark Tank
Side Hustle ProApril 23, 202551 min355 views
45 connectionsΒ·40 entities in this videoβRoots in Agriculture and Personal Struggle
- π± Kristen Dunning, founder of Gently Soap, comes from a legacy of five generations of Black Alabama farmers, a heritage that deeply influences her brand's ethos.
- π‘ Her personal battle with eczema, particularly on her neck and scalp, fueled her research into plant-derived botanical products.
- π She pursued agricultural science degrees, focusing on horticulture and medicinal plants, driven by a desire to find effective, skin-safe solutions.
The Genesis of Gently Soap
- π§Ό The idea for Gently Soap was born from a desire to transform the painful experience of bathing with irritable skin into a joyful one.
- π¬ While in college, Kristen's research in greenhouses led her to explore the phytochemistry and plant chemistry behind herbal infusions.
- π‘ During quarantine, she began relearning soap-making, using dried botanicals from her university research, and initially shared her creations on social media.
- π In October 2020, she launched her Shopify store, which sold out within hours, highlighting an immediate demand for her products.
Building a Brand for Sensitive Skin
- π― Gently Soap's core value proposition is providing an eczema-friendly bathing experience that is joyful and inclusive, not just about healing or prevention.
- π« The products are formulated without synthetic fragrances or essential oils, which are common triggers for sensitive skin.
- π¬ Kristen emphasizes the importance of community and conversation, actively welcoming feedback to improve products and meet customer needs.
- β¨ While initially designed for sensitive skin, the products have found broader appeal, with many customers without specific skin conditions finding them to be a better choice overall.
Growth, Investment, and Shark Tank
- π Kristen's sales trajectory shows significant growth: $5,400 in 2020, $30,000 in 2021, $112,000 in 2022, and approximately $300,000 in 2023.
- π She secured over $300,000 in collegiate pitch competition funding and grants, including from Black Ambition and Aveeno.
- π¦ In September 2023, Kristen appeared on Shark Tank, securing an investment from Candace Nelson, which she attributes to her energy and the brand's strong repeat customer rate (78%).
- π The company is on track to achieve $1.2 million in sales this year, transitioning from a side hustle to a full-time venture.
Business Acumen and Marketing Strategy
- π Kristen earned an MBA to gain business knowledge, stating, "I knew everything about plants and nothing about business."
- π» Marketing efforts evolved from word-of-mouth to digital strategies, including Google Ads and Amazon Ads, with a website redesign preceding the Shark Tank episode.
- π° High profit margins, with bar soaps priced at $11, allow for investment in customer experience, US growers, and manufacturers.
- π€ The team consists of fewer than 10 people, with a focus on utilizing independent contractors for specialized roles like marketing and website development.
Entrepreneurial Wisdom
- π‘ Kristen advises aspiring entrepreneurs to answer their "what ifs" to avoid future regret, emphasizing that the act of trying and learning is valuable regardless of the outcome.
- π° She highlights the importance of seeking grants and funding opportunities, calling free money the "best way to grow."
- π Key resources include pitch competitions, accelerators like Techstars, and networking with other entrepreneurs, such as Nico Greco of Thirteen Lune.
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Whatβs Discussed
Gently SoapEczemaSensitive SkinPlant-Based ProductsHerbal InfusionsHorticultureEntrepreneurshipShark TankPitch CompetitionsGrantsDigital MarketingE-commerceCustomer RetentionMBABlack Farmers
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