(This post was last modified: 03-11-2016, 09:51 PM by grim.)
This is a very good question, and a daring one. Kudos to you Mr. Stirling. In good faith, I offer the following, a view mostly from the outside looking in.
What is the future of wetshaving?
The set of males that shave is massive. The subset of that set that cares about traditional wet shaving is a tiny niche. There was a time when a man had no choice. Technology moved from a straight edge to a “SAFETY” razor. Technology then advanced to cartridge systems or disposables along with the parallel course of better and better electric razors to the current state of the marketplace. Much of technology exists to make life easier. Time, is much of the answer. More and more, people have no time. In the early morning hours, trying to get out the door, who has time to be careful with sharp objects and go through some kind of pre-shave/shave/post-shave routine? TIME IS MONEY. We are a society of instant gratification. People don’t wait until they can afford a house. Instead they buy houses they can’t afford and then default when interest rates rise. People don’t buy cars and get equity. They rent them (i.e., lease) because they can drive a more expensive car than they can afford to buy. Everyone wants things NOW, not wait for anything. This is no different. For the majority of men, shaving is a mundane, a task no different than shampooing hair or brushing teeth. There was a kickstarter to create a laser razor. The day this technology goes mainstream and the price goes down to the price of an electric razor, is the day the traditional wet shaving businesses collapses. Sure, there will be hobbyists as there are hobbyists who buy vinyl and $10,000 high end turntables, but in general, the death bell will toll
Now consider who you want to sell to. If non-traditional wet shaving was so so bad, then the marketplace would not exist. It’s a simple as that. The future is the millennials. Selling to Baby Boomers is eventually a dead end. First, look at Hollywood. Look at the 20 something or early 30 males. What do you see either on TV or movies? Sooner or later the 3 day stubble shows up. That might be a fad but today its fashionable and matters. It is their fashion.
Now look at this review of a razor. First look at the picture. In a forum you will see fancy, well done shots of clean products and good backdrops. This looks to me like a snapshot taken with a smartphone with grunge on the head and finger prints. Now read the article but for those that don't want to read the quick summary is:
I'm young. I use electrics. They aren't messy. I have no time to mess around with anything else. - Again, we live in an society that wants instant gratification. Like it or not, it is what it is. These are your future customers. Continuing ...
If you buy an electric razor once, its once and done. They last years. Who wants to buy blades and shaving cream all the time? ... It’s hard to argue with that logic. Who wants to pay for razor blades or shaving cream, both consumables month after month? It’s never ending. Just like the phone companies know the true profits are not in the durable goods, the phone, but rather in the paying for monthly service. This model is repeated everywhere. Buy a TV and no longer is TV service, for the most part, free over the air. Instead you pay a cable company or internet provider month after month, forever.
This is representative of the mindset you are trying to sell too. I see a very hard sell.
Sorry, I forgot to add this. Just look at questions and threads here and all over the internet.
What are your top 10 soaps?
Name your top 5 after shave balms
Which blades do you think of the best.
How many 100 blade buys did you make ... etc. etc etc.
Do you see the same thing for toothpaste? Do people collect 30 toothbrushes and have 100 different scents of hair shampoo in the house? Now turn this back to the youngest customers. This is a niche hobby with a very limited base, a finite base. Its not going to become mainstream. There is that old saying about "You can never go home". Its not 1955 anymore.
What is the future of wetshaving?
The set of males that shave is massive. The subset of that set that cares about traditional wet shaving is a tiny niche. There was a time when a man had no choice. Technology moved from a straight edge to a “SAFETY” razor. Technology then advanced to cartridge systems or disposables along with the parallel course of better and better electric razors to the current state of the marketplace. Much of technology exists to make life easier. Time, is much of the answer. More and more, people have no time. In the early morning hours, trying to get out the door, who has time to be careful with sharp objects and go through some kind of pre-shave/shave/post-shave routine? TIME IS MONEY. We are a society of instant gratification. People don’t wait until they can afford a house. Instead they buy houses they can’t afford and then default when interest rates rise. People don’t buy cars and get equity. They rent them (i.e., lease) because they can drive a more expensive car than they can afford to buy. Everyone wants things NOW, not wait for anything. This is no different. For the majority of men, shaving is a mundane, a task no different than shampooing hair or brushing teeth. There was a kickstarter to create a laser razor. The day this technology goes mainstream and the price goes down to the price of an electric razor, is the day the traditional wet shaving businesses collapses. Sure, there will be hobbyists as there are hobbyists who buy vinyl and $10,000 high end turntables, but in general, the death bell will toll
Now consider who you want to sell to. If non-traditional wet shaving was so so bad, then the marketplace would not exist. It’s a simple as that. The future is the millennials. Selling to Baby Boomers is eventually a dead end. First, look at Hollywood. Look at the 20 something or early 30 males. What do you see either on TV or movies? Sooner or later the 3 day stubble shows up. That might be a fad but today its fashionable and matters. It is their fashion.
Now look at this review of a razor. First look at the picture. In a forum you will see fancy, well done shots of clean products and good backdrops. This looks to me like a snapshot taken with a smartphone with grunge on the head and finger prints. Now read the article but for those that don't want to read the quick summary is:
I'm young. I use electrics. They aren't messy. I have no time to mess around with anything else. - Again, we live in an society that wants instant gratification. Like it or not, it is what it is. These are your future customers. Continuing ...
If you buy an electric razor once, its once and done. They last years. Who wants to buy blades and shaving cream all the time? ... It’s hard to argue with that logic. Who wants to pay for razor blades or shaving cream, both consumables month after month? It’s never ending. Just like the phone companies know the true profits are not in the durable goods, the phone, but rather in the paying for monthly service. This model is repeated everywhere. Buy a TV and no longer is TV service, for the most part, free over the air. Instead you pay a cable company or internet provider month after month, forever.
This is representative of the mindset you are trying to sell too. I see a very hard sell.
Sorry, I forgot to add this. Just look at questions and threads here and all over the internet.
What are your top 10 soaps?
Name your top 5 after shave balms
Which blades do you think of the best.
How many 100 blade buys did you make ... etc. etc etc.
Do you see the same thing for toothpaste? Do people collect 30 toothbrushes and have 100 different scents of hair shampoo in the house? Now turn this back to the youngest customers. This is a niche hobby with a very limited base, a finite base. Its not going to become mainstream. There is that old saying about "You can never go home". Its not 1955 anymore.