Dollar Shave Club Is Valued at $615M
blogs.wsj.com
blogs.wsj.com
Harry's concept is similar, an online-only, delivery model at low cost, but their branding really emphasize the quality of the blade. They build their story around buying a blade factory in Germany... Now I wonder with Harry's being the second player, if they emphasized blade quality to hit DSC where it hurts.
Would be interested in club where the razors don't tear your face apart, but no amount of funny videos are going to make me want to start my day with that experience.
Before this thread I might have, stupidly, recommended them just because they had ads I didnt mind watching
I could never stand Gillete for shaving. Crap, hairs caught in between blades etc. Haven't tried DSC, but I do use the plainest blades: Bic Metal. Single blade.
About shaving: after I got an electrical one I never looked back
Ever wonder why it itches in those first couple of weeks if you decide to grow your beard out?
Look at that picture.
Shaving with a straight-blade razor basically leaves a bunch of tiny little hypodermic needles behind. When those suckers start growing out, they curl back into your face and start jabbing you, resulting in that annoying itching sensation.
If you want to grow your beard out, take my advice and make your last shave with an electric razor, it's a lot more comfortable.
Shouldn't make too much of a difference after a few days, should it?
As a very occasional shaver, I'm very happy with their service, although I agree that the Mach 3 is superior to their top-end razor.
Still, I'm cheap and I find their razor far superior to Schick and other alternatives. I've adjust my shaving techniques to better suit their blades, and am happy to save a bunch of money.
Agreed. I very easily cancelled my subscription a few weeks ago (and have since subscribed again, realizing that I could adjust my shipments).
I hope you guys aren't just using them a few times, and tossing? And yes--I always hated buying them, but because they seemed to last, it wasn't really a concern.
Locking them up was a bad move? They seem cheap to manufacture? Why didn't the companies offer to replace stolen merchandise? (by the way, I have worked security--guess who steals the most? I'll give them in the order I witnessed: (1) Managers stole the most. (2) assistant managers second (3) clerks (4) then janitorial, maintence, and special contractors. (5) The customers. The customers are always blamed in the media, but not among security insiders.
You must have seen those beards.
It takes a tad longer than a three blade razor, but I've always had closer and better shaves.
I've tried disposables, cartridges, electric and the safety razor and I'd rate safety razors better than all of them.
However, I still use a my Fusion daily, since it's so fast and efficient. With a safety razor it takes time to lather up and get a proper shave.
With a cartridge system, it is damn near impossible to cut yourself even if you tried... With a safety razor if you hold it at the wrong angle you'll get cut (and the angle depends where on your face you're shaving, so it is very much a per-face learnt skill).
The main reason why a safety razor takes so much longer is that you need a good lather from the shaving soap. This offers the most lubrication, which will protect your face from the sharp blade. The crappy supermarket shaving foam just won't cut it (minor pun intended).
I use the non-foaming gels with a cartridge, which is fast and smooth. I gave a safety razor a real shot, but I don't want to spend 20-30 minutes before working shaving, I want to spend 5-10 minutes, and have almost no risk cutting myself no matter how reckless I am.
But undeniably safety razors are sharp and cheap. They're just a lot of hassle.
That said, you don't really need the adjust-ability to deal with beard thickness, you set the blade gap to match your skin, the angle you shave at, and your blade selection. The idea is more gap means the razor cuts deeper into the exposed hair, giving a closer longer lasting shave. If you get too greedy, you eventually cut your face. Sharper blades typically need less blade gap than less aggressive blades. Adjustable razors just make it easier to tune for the other two variables you can control (sadly it does nothing to make your skin more robust ;).
Having a single disassemble-able razor is what helps with beard thickness. The hair just washes away rather than getting stuck in between the blades. Cut beard hair is fairly sharp and irritates the skin as it passes over your face. It also bends the blades and changes the angle the blades travel at. That can also increase irritation.
For a large swath of the world that isn't a big deal, but it makes it darn near impossible for me to get a good shave.
When I travel I use a non-adjustable 53 Gillette Super Speed[2] due to its light weight and size. It's not nearly as nice as the Futur but responds well to the Astra blades for a shave that is as good as I would get with a Mach III but without the cleaning needs and less irritation. I bought it for $20 off of ebay and it's not quite as pretty as the linked one.
[1] http://www.amazon.com/Merkur-Futur-Safety-Razor-Finish/dp/B0...
[2] http://www.razoremporium.com/gillette-1953-notched-super-spe...
Brain dump:
http://www.shaving101.com/index.php/education/double-edge-sh...
http://www.shaving101.com/index.php/education/double-edge-sh...
http://www.shaving101.com/index.php/shaving-faqs/253-do-i-ne...
Part of the time savings is going with a tubes of shaving cream. The cream (Proraso in my case) lathers quickly and consistently, and is vastly superior to the canned stuff.
In the end, after becoming fully adjusted, I find that safety razors are just as convenient, give a better shave, and are far cheaper than cartridge razors. It takes just a minute or two longer.
With those shaving creams, I find that it pretty much doesn't matter what brand of blade I use any more, and I can shave in 5 minutes. If you really wanted to optimize on the margins, you could get a sampler pack of 10 different kinds of blades and find the one that works best for your skin chemistry.
Lathering the Proraso takes seconds, rinse my brush with really hot water and put some hot water in the Proraso tub for a few seconds before dumping it out. Swirl around the brush for a few seconds and it's good to go.
For what it's worth, Proraso works well with cartridge and disposable razors also.
I typically wait until my facial hair is pretty thick before shaving too. I use Jack Black's Face buff in the shower, then Jack Black's Beard Lube and layer Proraso on top of it. I'd be interested how well my shave would be if I used the same method with a cartridge.
I just wait until I'm done washing and the steam has had a chance to soften the hair, then shave directly in the shower. It took a couple of weeks of shaving daily for my skin to get used to it but now I get it done with no irritation. An advantage of no lather/gel is that I can keep putting my face under the shower to keep the hair soft.
(I shave without a mirror, and then clean up afterwards)
This isn't going to be for everyone, and it certainly isn't as close as a gilette, but I can get the shave done in a couple of minutes.
I have actually bought OEM hard drives from the Apple store that I can buy cheaper on Amazon on the theory that Apple gets the better drives. I don't know if I am right but that is my theory and is based on past experience with other products (and similar to what you are saying).
Not entirely sure about the mechanism, but I recall hearing the oil slows down oxidation, which is the primary cause of the blade's dulling (it's not, surprisingly, the cutting of the beard hairs).
For example, here are 64 razors for $16: http://amazon.com/dp/B00XKVH4O6. The comparable dollar shave two-blade option would cost you $48, since it's $1/mo for blades and $2/mo for shipping.
On the high end six-blade model, here's 24-cartridges for $30.49: http://www.dorcousa.com/pace-6-cartridges-6-pack-sxa1040/ The same thing from dollar shave would cost $54.
I guess if I really want to create a great business, help people be lazy and not think, only do.
The dollar shave club not only sells cheap shaving gear (compared to gillette at the supermarket) but also sells reassurance that the gear isn't crap, which I think many consumers fear about no-name alternatives.
One thing I'm sure of: A good sign of a superior product is that it doesn't need monthly replacement.
They will probably only know Gillette and some no-name they tried once and hated. If they were to see Dorco on Amazon most consumers would put this into the latter category. On the other hand, DSC has good enough marketing to convince many consumers that DSC are in the Gillette category for a fraction of the price.
That said, stuff like bic is terrible.
Only real problem is that I still haven't figured out how to do carry-on only and keep blades on me.
I imagine a safer and less obstreperous way might be to just buy an injector razor for when you travel.
http://www.costco.com/Gillette-MACH3-Turbo-Cartridges-24-Cou...
It is unique enough to stand apart, but not so far out there that its unapproachable or unnecessarily too hipster, and manly enough without scaring off the metro-sexual or gay crowd (and please, don't take this as offense, it's just that they gravitate to certain brands that are more "gentlemenly" than flat out "manly").
Their website portrays their brand extremely well, their famous video (https://www.youtube.com/watch?v=ZUG9qYTJMsI) is absolutely amazing for how low budget it is, and, well, how fail it is and they just keep rolling with it. Its genius.
I just wish they'd veer into the double edged safety razor market, which in my opinion, needs a bit of disruption too.
[1] not that I really have any problem with it. It's a popular template to copy and many have used it successfully.
[edit] Bleh, formatting fixed. I hate the various inconsistencies of markdown implementations.
The DSC business model is really simple: take a no-name commodity product (Dorco razor blades: see http://lifehacker.com/5903771/forget-dollar-shave-clubbuy-th...), wrap it in very-social-sharing-friendly marketing, charge three times as much. Boom, you make enough money to cover the costs of the marketing and then some.
I ended up buying an $80 Philips electric razor and haven't looked back. Takes way less time, I don't have to use shaving cream, and I don't have to be careful either.
Smoothest shave of my life, refills come out to about $.50/week. The first shave wasn't pretty, but after that it was smooth sailing and I'll never look back.
Makes things like DSC seem quaint; people think safety razors are either:
- archaic - dangerous
But the truth is they are a fantastic, cheap way to get a high quality shave and I don't mind being an evangelist about them if it gets people away from fully disposable razors.
The trick is to rub it against your bicep or forearm (effectively stropping it) before use. I also do that after use, which helps to dry it up (keeping it even sharper).
I've already saved a small fortune on cartridge refills. Best shaving tip I ever got!
I'm going to give it a try, cheers for passing the tip along!
But they take way longer to shave than a cartridge or disposable razor. I use a gillette mach 3 when traveling, and it literally takes a minute or less in the shower with a bit of soap suds to shave. Using a safety razor is a much longer process and requires more gear.
I have an honest opinion about that... I've done the disposable refills most of my life, but recently was balking at the amount of money I was spending. Did a lot of research, and decided to give a good electric a try. I'm rocking the Braun 790cc. It's actually a great shaver, and in the last year it's cost very little to maintain. Even buying cleaner cartridges and replacement heads periodically, it's MUCH cheaper than disposable blades.
Problem is, the electric DEFINITELY doesn't shave as close. I totally can tell... the few times I've switched it up and used a blade again, the difference is incredible. That said, I am a white guy with very dark, dense stubble. No matter how close I shave, you can still see my beard line. It's Homer Simpson syndrome.
So I'm left thinking in the end that if the electric shaves close enough that I don't look unshaven, it's good enough. Basically, when I get formal in the evening, I just do a quick followup shave with the electric to make sure I'm 'presentable', and I've never had an issue.
After the dollar shave club hoopla I researched more into a better way of shaving (electric razors gave me really bad rashes and didn't cut particularly close), and ended up switching to a safety razor[1].
100 refill blades are about $10 and can each be used about four times with the blade being razor sharp each time. I went whole hog and got a fancy tub of old fashioned shaving cream[2] and brush, so every shave is a neat ritual of lathering up the cream. I'm getting pretty good at it.
Each shave costs approximately 2.5¢ for a fourth of a razor and a few pennies more for the pea-sized spoon of really nice shaving cream I use, and it's blindingly sharp and perfect every time.
I might at some point switch to a straight razor, but I have no reason to.
1. Like http://amzn.com/B000NL0T1G but not this exact model - they're all very similar.
2. http://amzn.com/B009BLN3M6 Don't get shaving soap - it dries your skin out and usually smells terrible.
I don't trust myself with a straight razor, but the DE razor works really well for me. Plus it seems just so sophisticated with the bowl and brush sitting on the bathroom sink.
I've had the same electric razor for about 6 years now, the battery still goes a couple weeks between charges, and shave quality is as good as I ever could get with a manual razor. I just don't get why most people prefer the more expensive, more labor-intense option of razors + shaving cream... I guess for some, it's nostalgia?
However, the conventional wisdom -- and my own experience -- is that even a typical drug store manual razor, if it is fairly new, will give you a closer shave than any electric razor. It's just a function of having a thin metal foil between the blade and your skin, or not having one. And a poorly-made electric razor will give a much worse shave than a blade.
I still shave with an electric razor, though. The hassle of dealing with a manual razor massively outweighs the tiny fraction of a millimeter closer shave a manual razor gives me, especially since by lunchtime the difference is already unnoticeable.
I do use an electric trimmer when I don't want a close cut, but I use a safety razor otherwise.
Spinning head shavers pulled like mad, and I hated them.
Every few months I have to use razor blades (forgot electric razor on a trip, etc.), and it's horrible.
I don't think razors will ever work for people with thick hair.
> I ended up buying an $80 Philips electric razor and haven't looked back.
These tend to work significantly better than razor blades. I've given up though: even electric razors don't last too long on my tough beard. All I do now use Wahl hair clippers: they result in a very uniform and tidy shadow.
Order Date: 08/20/2011 - 16:22 Shipping Method: Flat Rate Shipping Products Subtotal: $24.00 Flat Rate Shipping: $6.00 ------ Total for this Order: $30.00 1 x Ninja Blade Twin 24 Month Membership - Bulk - $24.00 SKU: NBT24-BULK
The Dollar Shave Club looks like a prudent investment in comparison. Perhaps it's overvalued, but it's safe from outright fraud.
That was three years ago, haven't bought anything since. I'm confused why if people want an affordable solution this route isn't more popular? Is it simply because most stores have stopped selling plain razors for much more expensive handled disposables?
I've got a double-edged Merkur and a straight Classic Samurai razor: both are great. Blade-wise, I've only tried Derby Extras & Sharks, but both are great.
There is a market to find and distribute varieties of double/single-edge razor blades, not that anyone's tapping it. Wouldn't it be nice to get a couple blades sent in advance to every hotel you fly to? Or just to get a few different blades for $1 or $2/mo? (what are Feathers like?) You don't always need or want the 100-pack (though it usually is just $6 or $7).
I find this hard to believe given that I don't know anyone personally who uses it. But if that's really the case, it's not as absurd given that Gillette was bought for $52 billion in 2005.
http://recode.net/2015/06/21/dollar-shave-club-raises-75-mil...
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aA.la...
For me I'm going with one; I know one friend who swears by his electric and although I'm sure he also has some sort of low tech option it almost certainly isn't DSC.
Furthermore, it isn't more convenient for me - I still need to go and buy other things from the store, so as long as I remember once every 2-3 months to pick up blades DSC certainly isn't making my life simpler or easier.
This is just another pets.com to me, neat idea but really just not that compelling.
The skin on my face hates shaving. I disagree with the resources spent on shaving, and the pollution. I've shaved my face fully once in the past 10 years, but I do shave around the cheeks and neck, so I have to deal with the shaving thing a bit anyway.
Also, I'm from Adelaide, home of 'The Beards', here they are with their track 'If Your Dad Doesn't Have a Beard, You've Got Two Mums' https://www.youtube.com/watch?v=RmFnarFSj_U
We're hiring Devops, Platform Engineers, Mobile developers and QA automation engineers.
For more info email: engineering-careers@dollarshaveclub.com
Sikhs?
The one like the old far-west movie, but more secure and safe.
It is a niece white piece of plastic, (2€) and I bought a little packet of 10 blades (1.2€) if you shave every morning I guess a blade will last at least a week.
But you need to learn how to shave with a straight razor, the first time is just little piece of your face floating in blood, the more you practise the less you will cut yourself, I used to don't have the little scratch on my face... It is definitely a different and more enjoyable experience...
[0] https://www.dollarshaveclub.com/blades
[1] http://www.theonion.com/blogpost/fuck-everything-were-doing-...
https://www.youtube.com/watch?v=YleuLyCUx28
Worth watching for the description of what the blades do.
[1] http://lifehacker.com/5502841/extend-the-life-of-your-razor-...
I can't really speak to the quality of said blades or the shave, since I'm pretty sure 14 year old boys shave more than I do. But I've never experienced a painful shave as others have.
Dollar Shave Club comes around as is able to mimic that concept, but hits a middle ground between a low-margin and mainstream marketed solutions.
The irony in all of this is that the Dollar Shave Club is still too expensive when compared to my safety razor that costs me about 10 cents per shave. So it is actually more like the mainstream solutions they're trying to undermine than not.
However, a couple of numbers from TFA might support the notion that DSC did ~$175m last year:
"“We have 2 million members that get a shipment every month or every other month"
...
"On average, the company’s customers pay a subscription fee of about $7 per month"
If those are both accurate, that's a $168mm run rate. (Right, that's not TTM, but if the company is growing rapidly, investors will want to have more of a forward bias and so TTM becomes less relevant.)
The real way investment managers calculate potential worth is much more complex, calculating expenditures per dollar earned, looking at the market saturation, risks from competitors etc. Because these calculations are usually the same for businesses in the same industry the shortcut is usually close.
In this case their multiplier might be higher than that of Gilette because they spend less on marketing and they're smaller but with a steeper growth curve.
It does take a little care until you know what you are doing, since you can really carve yourself up with the single blade if you go too hard. But it's certainly sharper and does a better job than any of the multi-blade disposable razors I used to use.
yet they pull in that kind of valuation.
Having say that, I wouldn't buy any, and I advise clever people here of not doing so as well. Safety razors are super cheap and are amazing.
dorcousa.com
http://www.instructables.com/id/How-to-extend-the-life-of-yo...
From reading some of the comments here, it sounds like DSC's razors are not nearly as good as Gillette's and they are able to sell razors mostly because of their marketing, which confirms what I had thought about new players coming in. I was less skeptical of Harry's because they specifically including messages in their marketing about how they took over an existing manufacture.
Quick highlights on our Beluga Razor: 1. We don't even sell blades, but they cost as little as 10 cents each and available in over 75+ different varieties. 2. A single edge cuts easier and closer than multiple blades, while eliminating irritation because a single edge generates far less friction than multiple blades. 3. No clogging issues because our Beluga Razor is designed to eliminate this issue.
People can mutilate their ears with gauges and tattoo their faces and it would now be considered discriminatory to allow that to hamper a man's career goals. But some stubble? Whoah hold up.
It's good for the environment to shave less, right? Isn't that all you have to say to justify something now?
I wonder as to the reasons people shave clean?
- tradition, expectations
- partner's preference
- prefer it personally (feel or way it looks)I agree disposable razors seems to be wasteful to the environment. I will look into safety razors in the near future, which might also turn out to be cheaper in the long run.
There's not a single word of the name that's accurate.