How Pip & Nut went from kitchen table to multi-million pound business - Pip Murray, Pip & Nut
Uncensored CMO11 Apr 2022

How Pip & Nut went from kitchen table to multi-million pound business - Pip Murray, Pip & Nut

Pip Murray is the founder of Pip & Nut, which she launched in 2015 and it's now stocked in over 3,000 stores around the UK. It's the fastest growing nut butter brand around, and it's clear to see why. Pip is full of stories and insights in journey building the company, from humble beginnings in her kitchen and at craft fairs to becoming a staple brand on the shelves of all major supermarkets.

What we covered in this episode:

  • Why Pip started a nut butter business
  • From kitchen table to full scale production
  • The constant trial and error to find the perfect recipe
  • The confidence that comes from being close to your customer
  • The importance of the right manufacturing partner and selling them the dream
  • The challenge of minimum production run when you get started
  • Pip&Nut’s first customer and the importance of focussing on it
  • What to do when you have no marketing budget
  • Bootstrapping and crowdfunding to cover the first couple of years
  • The pro’s and con’s of starting a business when you are young
  • How easy it is to convince yourself our of an idea and the power of intelligent naivety
  • How the biggest doubts come in as you scale and stakes get bigger
  • The opportunity cost of doing too much
  • Betting big on brand identity from the start
  • Inspiration from the B&B studios portfolio and finding the right chemistry
  • The 3 things every Private Equity company does when they acquire a brand
  • Finding the right design and why Pip used her name in the brand identity
  • The challenge and opportunity of a national retailer listing
  • The trade off between focussed distribution and full scale distribution
  • Why keeping it tight is so important
  • What we can learn from the best soft drink launches
  • The advantage of playing in the niche to begin with
  • Cash flow challenges of a scale up
  • Sources of funding for growth and finding the right people to invest
  • The messy nature of startups and the power of empathy from an experienced investor
  • What the hardest moment of Pip’s journey taught her
  • Divesting yourself and learning to delegate to the team
  • The nerve wracking moment of going on TV for the first time
  • The importance of B-Corp status and making a sustainable brand
  • How Pip would define success
  • The energy you gain from a crisis
  • Why the best way to learn is doing
  • Pip’s advice for her 24 year old self

Episoder(218)

Why we buy what we buy - Richard Shotton

Why we buy what we buy - Richard Shotton

Richard is author of the No.1 Marketing Book The Choice Factory which was the winner of BBH’s World Cup of Advertising books in 2018 beating some industry heavy-weights. Richard has 20 years of experience in Advertising planning, market research and behavioural science and last year made the big leap to set up a consultancy following the success of his book.In this episodeHow he ended up writing the best-selling marketing book of 2019Why behavioural science should matter to every marketerWhy rhyming phrases are not just more memorably but also more believable tooHow the decline in CMO & agency tenure is impacting on long term effectivenessHow our own experience impacts on our perceptions (the false consensus effect)The impact of social proof on sales and how to use itWhy you’ll spend less on a night out when paying cashHow making something easy is a huge competitive advantageWhy branded glasses make beer taste better and worth moreWhy a 4.5* review beats a 5* review (the pratfall effect)How many of the best ideas happened by accident but were Follow me:Twitter | @uncensoredCMOLinkedInGet in touch:Website | www.uncensoredcmo.comEmail | jon@uncensoredcmo.comFollow Richard:Twitter | @rshottonThe Choice Factory

16 Des 201950min

Uncensored CMO launches on 16th December

Uncensored CMO launches on 16th December

When I say CMO what do you think of? I know, for me, I think boardroom politics. I think carefully managed messages. I think slick presentations. But what I don't get is, I don't get an honest answer. I don't get to know what they really think. I don't get to know how have they got where they are today, and what has shaped and influenced their career. And that got me thinking, wouldn't it be great if we had a podcast that asked some of the tough questions that get to the heart of what's going on. One that takes you behind the scenes to see how it really works. That's where the idea of Uncensored CMO came from.I want to connect you to the best marketers on the planet. The people that have founded and run ad agencies, the people that do the most amazing research and the people that influence people through PR. I want to get to those people and find out how it actually works. Tell me the things that have gone well. Tell me the things that have failed. Let me give you a little flavour to season one. I'm gonna be meeting people like Adam Morgan who founded the whole idea of challenger brands. I asked him, "How do you make a great challenger brand?"The whole world of influencers, to me, was quite mysterious, but I went and met Arron Shepherd, he co-founded The Goat Agency, and I asked him about what a successful influencer campaign looks like.Or, someone like Ian Millner, global CEO and founder of Iris. What's it like running a big ad agency? How do you get great work and how do you measure great advertising? What does a modern brand today have to do to stand out and be successful?These are just some of the conversations I've been having, and there are loads more to come.So I really hope you'll listen and subscribe to The Uncensored CMO. I'm gonna be launching this podcast on 16th December so set a notification, remind yourself to subscribe.You can also follow me on Twitter, @UncensoredCMO. I look forward to having a great conversation with you.

5 Nov 20192min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
e24-podden
utbytte
livet-pa-veien-med-jan-erik-larssen
pengesnakk
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
finansredaksjonen
pengepodden-2
rss-sunn-okonomi
morgenkaffen-med-finansavisen
rss-rettssikkerhet-bak-fasaden-pa-rettsstaten-norge-en-podcast-av-sonia-loinsworth
lederpodden
okonomiamatorene
rss-investering-gjort-enkelt
rss-markedspuls-2
hr-podden-2