Gregory Macdonald from Bathorium

13/11/2024 42 min Episodio 226

Listen "Gregory Macdonald from Bathorium"

Episode Synopsis

Gregory Macdonald is the Founder and CEO of Bathorium.

Bathorium was founded on the concept of benefits based on bathing; bath soaks that invigorate, restore and rejuvenate the end user. From day one this Canadian company's mandate is to create a truly memorable bath experience focusing on the bathers' well-being.

Takeaways

Bathorium was inspired by a transformative bath experience in Italy
The company started in local markets
Sourcing quality ingredients
A feature on Good Morning America propelled their growth
Channels, DTC, wholesale and more
Thinking behind product offerings
Pricing strategies and positioning
The importance of brand
Buying out his co-founder
The second decade of the brand


Chapters
00:00 The Genesis of Bathorium
05:01 Sourcing Ingredients and Building a Supply Chain
10:14 Pivotal Moments in Bathorium's Journey
15:26 Navigating Channels and Market Strategies
22:07 The Impact of Pricing and Brand Positioning
28:06 Looking Ahead: The Second Decade of Bathorium
34:38 The Role of Mentorship in Business

Keywords
Bathorium, entrepreneurship, clean beauty, wellness, product sourcing, market strategy, co-founder dynamics, brand positioning, mentorship, retail partnerships