Bespoke Post, a DTC subscription service that sells specialized gift boxes from small brands, is evolving its business strategy leaning more into retail these days. While memberships are still part of its business, they’re no longer the main focus. Early on, Bespoke Post’s main goal was to increase signups—but today, it’s about getting high-quality products in front of customers. “That business has done really well, but we started seeing more opportunity and people just coming to us to buy on a one-off basis,” Co-Founder Rishi Prabhu told Retail Brew. Bespoke Post joins a host of larger DTC brands like Glossier, Goop, and Allbirds that have adopted a similar approach to drive growth beyond a slowing DTC channel. The big challenge facing DTC brands today is the rising cost of customer acquisition, Retail Brew previously reported. “Now our goal is to get really exciting products in front of our customers, a lot of which are from small brands,” Prabhu said. “We have a lot of small brands that we sell, that you might not have heard of otherwise, that you can discover and you’ll be really excited about.” Keep reading here.—VC |