Gift Biz Unwrapped

338 – Subscription Box Creation and Participation with Eric Musick of Louis and Léa


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What does it really take to get into subscription box creation and participation - and succeed? Today's guest is sharing exactly how he does it.
Eric is first and foremost a proud husband and father of five beautiful kids (four boys and one girl).
But he's also the co-founder of Louis and Léa, a subscription box for expecting and new moms, filled with products made by small businesses and local makers.
Eric is also the host of The Subscription Box Show. A podcast dedicated to the subscription industry. He interviews the world's top subscription box founders and industry-leading tools.
 
BUSINESS BUILDING INSIGHTS
  • Get out of your comfort zone and push yourself to do things you are not comfortable being a part of. Have new experiences that will activate the creative side of you.
  • There's enough business for everyone. You just have to separate yourself by doing different things.
  • Start by having the idea, do market research, study your competitors, and try to put together an email list.
  • Before putting too much money on a potential business,  you want to make sure that it's validated and that your product or service is something people will want and pay for.
  • Figure out a way to still be competitive. Bring something new to the table. Get some excitement. Make it fun and attractive for people to sign up and have great free resources.
  • Plenty of business building tips in this conversation. Tune in to catch them all!

  • Subscription Box Creation and Participation Tips
    • The whole customer experience side of things is a huge part of subscription boxes. Once people sign up you want to make sure to give them lifetime value. There are many things other than the product that goes into a successful subscription box.
    • You must have a really good offer. Get creative on how to add as much value for the members because subscription box entrepreneurs want value, not just product.
    • If you want to be part of a subscription box, research and reach out to subscription companies that you think would be a fit. You can bypass all the gatekeepers and get a hold of the owners directly by looking into the about page and see who they are. <-- Tune in to get all the tips on how to do this!
    • Do not mass email. Make sure that your subject line is catchy to get the attention for a potential partnership.
    • If you're a small maker and you have an existing audience, use that first. Don't take family and friends advice too seriously especially if they're not your ideal customer.
    • Don't be too intimidated by paid ads. You don't need to spend a ton of money to get that creative piece of content into the hands of potential ideal customers.
    • Listen to the whole episode to get all Eric's tips for participating in subscription boxes!

    • Resources Mentioned
      • Subscription Box Podcast Show
      • Free 15 Minute Consult - contact Erick via email
      • 10% discount on Subscription Box courses - contact Erick via email
      • 15% discount off anything at Louis and Lea - use coupon code GiftBizUnwrapped

      • Eric's Contact Links
        WebsiteFacebook | Instagram | Linkedin
        Join Our FREE Gift Biz Breeze Facebook Community
        Become a Member of Gift Biz Breeze
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        Gift Biz UnwrappedBy Sue Monhait

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