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Apr 9
2021

65 new stores in March and Marketing Coordinator started!

Hi Republic fans. Wow, can't believe we only have a couple weeks left in our campaign. I wanted to thank you again for the support. Investments are already being put to good use--some updates below: 

  • Our March launch into the KeHE distributor's California and Midwest warehouses was great: 65 new stores added to the list and growing. Not counting the 6 Erewhon stores and 12 Lassen's stores in L.A.! 
  • We signed with the Amazon agency Netrush and will begin kickoff next Tuesday. The plan is to scale our Amazon business to $200k in 6 months. They are bringing forth $50k in advertising for us that will only get paid back with a percentage of sales as the ads start to work. I like this plan because by putting money in, Netrush is "in the boat" with us too and will be extra motivated to get results. 
  • Fortunately with the influx of stores, Amazon sales and press hits (see the latest here) I now have support from a great Marketing Coordinator Jenni Burke, who started a week ago! With 84 applicants, it was a grueling hiring process. I was careful to hire someone with great potential who would stay with us for a long time and grow their career with Lil Bucks. This person is the front line of our marketing funnels and the community curator, manager and brand voice, and I'm thrilled to have Jenni join the team. She's catching on very quickly. 
  • We plan to start our retail marketing manager in May and will have a planning workshop in Chicago the week of May 10th.  
  • How am I just listing this now: We launched our newest Clusterbucks flavor MATCHA COOKIE CRUNCH. Customers are swooning as we hoped. This will launch straight into Pop Up Grocer which will be in Chicago starting April 30th, and then it'll launch into Lassen's May 15th.
  • Last but not least, certainly not least... after 18 months of raising I am thrilled to share that we are closing our $600k convertible note round in the next week as well. Some influential entrepreneurs are involved and I can't wait to share once the deal is done. 

I am deeply moved by the community behind Lil Bucks--our customers, our growing team, our investors. We survived one of the most challenging stages for an emerging food brand, yet alone in a pandemic, and are thriving. We are moving into the next phase of growth--my mindset is shifting from "creating the thing" to "growing the thing." I am reading Multipliers by Liz Wiseman and am finding it super helpful as I think about leading and growing our talent. Any reading recommendations? Please share! Thank you for the support!

Emily 

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Emily Griffith
Lil Bucks
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Trevor Wolfe
5 years ago
You’re kicking butt, Emily. A few foundational reads for management of high growth companies are Radical Candor, and The Hard Things about Hard Things. For big thinking about how you could own the entire buckwheat sector, Play Bigger might be good to introduce the concept of category creation. Would love to hear what other investors think.
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Emily Griffith @trevor-wolfe-1 Oh my gosh I am on the Radical Candor website now so it's a sign I must read it. Added these to my reading list. Really appreciate it!
5 years ago
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5 years ago
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Adam Field
5 years ago
Will we be able to buy the matcha cookie crunch on Amazon at some point? That sounds really good, and there isn't a Lassen's particularly near me. :)
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Emily Griffith @adam-field YES! We aim to launch it on there end of month or sooner :) Stay tuned! It is available on our website now so we're just getting them kitted for fulfilled-by-amazon warehouses and we'll be good to go.
5 years ago
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5 years ago
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Adam Field @emily-griffith Nice! You should post an update here when it's available on Amazon, I'll buy one myself right away - I've got a bunch of Amazon credit and Prime membership, so I'm always happiest buying things that way. I always love seeing things that use high quality matcha. :)
5 years ago
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5 years ago
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