09 Heidi Zak - Finding Product Market Fit with the Co-Founder and CEO of ThirdLove
When Heidi Zak couldn’t find a quality bra that fit her right and looked great, she realized there was a hole in the market and ThirdLove was born. The data-driven bra company now offers 15 styles in 59 different sizes (they’re the only company to offer half cup sizes!) and provides a “try before you buy” model that encourages women to try the product on in the comfort of their own homes.
On this episode, Heidi discusses product-market fit, exactly how her company collects and uses data to target sales, how to create demand (and a waiting list!), and how their values inform their hiring process. She also reveals the number one platform ThirdLove relies on to track customer service.
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'I just didn’t understand why there wasn’t a modern brand for the modern woman.' - Heidi Zak
Show Notes:
- How Heidi started ThirdLove
- How she discovered a hole in the market
- The challenge of working with manufacturers
- Why bringing on a bra designer early on was crucial
- Why it’s hard to let go of your roles as company grows
- Heidi’s hiring tips: attitude and personality are crucial and how hiring is like dating
- How ThirdLove bootstrapped and then raised capital
- The importance of product market fit
- Why they decided to skip wholesale
- The secret to driving traffic in the early days
- The creation of the “try before buy” program
- Why focusing on data is imperative and how to evaluate
- What Heidi wishes she knew before she started
“We’re not just selling bras, we’re selling an experience and making that experience better.” - Heidi Zak
Links Mentioned:
Facebook | Instagram | Twitter | Linkedin
“Data only works when you have the right data.” - Heidi Zak