Beauty Industry Insights and Retail Growth Strategies with Walmart's VP Creighton Kiper
Manage episode 408013439 series 3472549
Prepare to be mesmerized by Creighton Kiper, Vice President of Merchandising at Walmart for Beauty as he shares expert insights into the beauty industry's seismic shifts and strategies. This episode is an invitation to peek behind the curtain of Walmart's innovative approach to beauty in 2024, from cutting-edge cosmetics and hair care to the digital transformation propelled by the pandemic. You'll hear firsthand how agility and online engagement have reshaped consumer behavior, fostering a culture where learning from tests and failures is as valuable as the pursuit of personalization.
As we unravel the complexity of customer relationships in retail, Creighton illuminates the delicate dance between rapid innovation and the patience to grow sustainably. We explore the core of Walmart's pricing strategy and its intersection with product availability, ensuring customers are never disappointed. The journey of brands at Walmart emerges as a masterclass in starting small and scaling with precision, while the Walmart Start accelerator is spotlighted as a beacon of support for burgeoning businesses aiming to carve out their market space.
Closing the conversation, we reflect on the unpredictability of change and its ripple effect on supplier partnerships. Creighton shares invaluable advice for suppliers eager to navigate the Walmart waters, revealing the significance of tenacity and the power of clear communication. We wrap up with a dash of humanity, sharing our latest literary explorations into our complex relationship with time and technology, and a chuckle-worthy anecdote from the front lines of Walmart's retail adventures. Join us for a journey through the transformative world of retail beauty and beyond.
Capíttulos
1. Beauty Industry Insights and Retail Growth Strategies with Walmart's VP Creighton Kiper (00:00:00)
2. Navigating Change in Retail Beauty (00:00:11)
3. Retail Transformation and Customer Relationships (00:12:01)
4. Walmart Start Accelerating Business Growth (00:18:40)
5. Navigating Change and Supplier Partnerships (00:29:46)
24 episodios