The Modern Retail Podcast

‘We are fortunate to have a subscription model’: Bark CEO Manish Joneja on capitalizing on the pandemic pet adoption boom


Listen Later

According to the dog toy and accessories brand Bark, that’s led to an increase in demand. During its latest quarterly earnings report, the company reported that subscription shipments shot up 52.4% year-over-year, hitting 3.6 million. And revenue grew 57% year-over-year, coming to $117.6 million.

According to CEO Manish Joneja, the plan is to grow and expand. Joneja joined the Modern Retail Podcast and spoke about the last year and his big plans for the brand -- which went public via a SPAC in June.

Joneja is relatively new to Bark, which first launched in 2011. He was brought on as CEO in September of 2020, coming from Amazon. “What brought me to Bark is what I shared: my love for dogs,” Joneja said. “The market right now serves you as a transactional commerce.”

Bark, conversely, is built more on building a relationship. “The foundation of Bark is built on high-level personalization with high-touch service,” he said.

The focus is on expanding into new areas -- such as food and dental care -- as well as acquiring more customers. For now, Bark will remain focused on dogs. “We want to make sure we serve the 63 million households [that currently own dogs],” he said. “That’s a tremendous opportunity -- you want to get that right first.”

...more
View all episodesView all episodes
Download on the App Store

The Modern Retail PodcastBy Digiday

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

76 ratings


More shows like The Modern Retail Podcast

View all
Shopify Masters by Shopify

Shopify Masters

379 Listeners

The Digiday Podcast by Digiday

The Digiday Podcast

104 Listeners

Digiday Live by Digiday

Digiday Live

7 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,234 Listeners

The Glossy Podcast by Glossy

The Glossy Podcast

256 Listeners

The Business of Fashion Podcast by The Business of Fashion

The Business of Fashion Podcast

579 Listeners

9 to 5ish with theSkimm by theSkimm

9 to 5ish with theSkimm

1,872 Listeners

Second Life by Second Life

Second Life

2,854 Listeners

Career Contessa by Career Contessa

Career Contessa

476 Listeners

RETHINK RETAIL by RETHINK Retail

RETHINK RETAIL

51 Listeners

The CMO Podcast by vYve & Jim Stengel

The CMO Podcast

349 Listeners

Morning Brew Daily by Morning Brew

Morning Brew Daily

3,000 Listeners

The Hustle Daily Show by Hubspot Media

The Hustle Daily Show

235 Listeners

The Debrief by The Business of Fashion

The Debrief

44 Listeners

OPERATORS by OPERATORS

OPERATORS

48 Listeners

Fashion People by Audacy | Puck

Fashion People

227 Listeners

Everybody's Business by Bloomberg and iHeartPodcasts

Everybody's Business

92 Listeners