There's plenty of room for growth. Someone has to find a way to reach the masses, though. The hobby shavers are an unsustainable market. One million wetshavers who each own one soap, one brush, and one aftershave are far better than 10,000 crazies who each own 100 soaps.
There are two critical events (in my opinion) that can take place that will decide the future of wetshaving. The positive would be that while we are still experiencing the boom and excitement, an artisan or company finds the channel and funding to reach a market that dwarfs the current market. At that point, King Gillette has no choice but to stand up re-enter the wetshaving market in an attempt to win back lost customers, bringing even more marketing power with them. They will get their market share back in the end, even if it means buying a few more senators, but they'll make a few other folks in the wetshaving world wealthy in the process.
The negative option is that no one in the current wetshaving market risks it all for a chance at greatness. We continue the current trend for a few more years, maybe a decade even. New artisans and companies pop up. Those who can't keep up fold. Hobbyist artisans grow tired of the process and go back to their normal work and find something else to do with their free time. Whale customers who buy everything become fewer and farther in between. Less excitement and chatter from current wetshavers leads to less new wetshavers who were persuaded to try it based solely on word of mouth from an acquaintance. We reach the event horizon where it doesn't matter what anyone does, the market declines. Wetshaving slowly returns to pre-2010 levels and I'm forced to go find a job that doesn't allow me to work in flip flops and shorts, binging on coffee and Netflix while I make soap.
I'm to the point that I want to force option one, even if it fails miserably and I end up back at square one. Mandy and I are in our eighth year doing this. While we've continued to grow, we just never seem to be able to get over the hump to where we feel comfortable and secure. Part of it is frustration over how much time and effort we've expended recently having to figure out how to properly sign up and start collecting and paying taxes in 18 new states thanks to the Supreme Court decision on internet taxes. Part of it is readying for another round of USPS, FEDEX, and UPS raising rates again. Part of it is thinking that we were finally about to move the business off our property and move into a legitimate business location only to find out we have to replace the roof on the building we bought. Part of it is that I'm just tired, I suppose.
Either way, in the next year or so, it's time to poop or get off the pot. If it turns out I can't defecate Tiffany cufflinks, I'll find another pot to sit on. I'm really hoping to turn around and find Tiffany cufflinks though. As frustrated as I get sometimes, I do enjoy doing this and would love to build it into something I can pass onto my sons.
pork,
Marko,
EFDan and
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