The Rise Of "Microbrands"

Written by Barry Investment Advisors | Dec 11, 2018 5:19:13 PM

In 2011, the founders of Dollar Shave Club had an innovative idea; they would introduce a subscription service for shaving razors and mail customers fresh blades each month. Five years later, the company was purchased by consumer goods giant Unilever for a reported $1 billion. This article from The Economist explores these "microbrands" and explains how they are changing the market for consumer goods through boutique product offerings and innovative digital marketing.