How does Nateskin set itself apart from other brands in the market?
Considering the nature of our products, safety is the number one priority. When designing our trimmers, we chose to go with ceramic blades instead of stainless steel which is what most other brands use. Why ceramic? Because ceramic is as hard, sturdy and sharp, but much safer on people’s skin, resulting in lesser risk of any unwanted nicks and cuts.
Furthermore, Nateskin also stands out by using a lot of humour, wittiness, and a little playfulness in our marketing, which allows us to engage with our customers in a light-hearted manner.
How do you navigate various obstacles and turn setbacks into opportunities for growth?
The first challenge we faced was trying to launch the brand in Malaysia while physically being stuck in Melbourne, Australia. As the international borders were not opened, we could not be back here to take the initial photos and videos of our product. We also couldn’t fulfill the orders ourselves as planned. Back then, we had very low funds so hiring employees to do the fulfillment before we even validated the product was out of the question.
Fortunately, in our early days, we managed to work with two individuals on a freelance contract basis. One took all of our photos, videos, and marketing material; and the other had just started his own tiny fulfilment centre, operating out of half a shop lot. They were also two young guys starting out in their respective businesses, so we were lucky that they took Nateskin as their first client.
In the first month of launch in October 2021, Nateskin bagged RM25k in sales, with little to no advertising spend. I was over the moon and thought we hit a goldmine. Impulsively, I quit my day job right after. Looking back, that was a huge mistake on my end as sales started plummeting as soon as December 2021. From RM25k, down to RM18k, down to RM10k in the third month. By the start of 2022, Rebecca and I were bleeding a lot of cash month trying to sustain the business. Our savings were running dry, and we were left with two options.
A) Give up on Nateskin and get back to working a corporate job in Australia; or
B) Move back home to Malaysia, live with our parents to save on living expenses, and double down on Nateskin
We chose option B. In April 2022, despite being in Australia for 8 years and working the last 5 years, Rebecca and I migrated back home to Malaysia to give Nateskin our all.
The first few months were tough. With almost no money left for online advertising, we had to be “Pasar Malam'' sellers - setting up booths at popup events all around Klang Valley. We worked 12 hour days, 7 days a week. It was the most tiring period of Nateskin, but it allowed us an opportunity for us to be in the front lines, talking to customers, understanding their psychology, allowing us to take all these learnings and put it back into our work, product packaging, and advertising.
Once we managed to learn what made customers tick, our sales started growing. Our sales climbed up from RM10k a month, slowly to RM40k a month. We reinvested all profits back into the business - we started advertising online again, and we managed to hire our first employee!
Today, one year after moving back from Australia, we have grown our team from the 3 of us in December 2022 to 10 of us now in July 2023. As a result of working with our high performing team, our sales have also seen massive jumps, growing 30% month of month to RM500k/month in sales.