With the growing popularity of beards among men, Universal Beauty Products is launching an all-natural line called Beard Guyz. Drug Store News recently caught up with Universal Beauty Products' Howard Brauner to talk about the new line and opportunities in male facial hair.
DSN: Tell us about the new line of beard/shaving products?
Howard Brauner: Universal Beauty Products is introducing a line of all-natural personal care products for men with facial hair — Beard Guyz. This line has been formulated with top-shelf ingredients: organic oils for moisturizing and natural butters for softening. All formulated ingredients are natural. The Beard Guyz products include:
Beard Wash 35
Deep Conditioner 25
Beard Balm 25 for Fine/Medium Hair
Beard Balm 25 for Coarse Hair
Beard Oil 25.
(The number in the name relates to the number of active ingredients found in the product. For example, Beard Oil 25 is a blend of 25 organic and natural oils for skin and hair.)
DSN: What trends in grooming support this launch?
Brauner: The number of men with beards has been climbing year-over-year, with 17% annual growth since 2008. Currently 27% of all men are estimated* to have facial hair. At the same time, shaving products sales have declined, which independently confirms the trend.
Put simply: more and more men are growing beards. Beard Guyz satisfies the un-met market need for a quality line of beard care products.
DSN: How do you plan on supporting this launch?
Brauner: The Beard Guyz launch is supported by a fully integrated marketing program that includes: advertising in national magazines, online media, social media, event marketing, engagement marketing, product sampling and public relations.
DSN: What is the retailers’ opportunity?
Brauner: Beard Guyz gives the retailers a unique opportunity to provide a non-competitive product, while satisfying an unserved consumer need. Beard Guyz provides a high profit margin in a category where the margin is currently low. The steady decline in razor sales has caused a ripple effect for shaving preps. Now the retailer can replace lower-margin slow-sellers with a new product that provides higher penny profits.
* All grooming and demographic numbers are from Experian research.