Why Bevel's Business Model is so successful?
Get all the answers
Bevel’s Company Overview
Bevel is a groundbreaking personal care brand that specializes in grooming products tailored for people of color. Founded in 2013 by Tristan Walker, Bevel is a part of Walker & Company Brands. The company's primary focus is on creating products that solve health and beauty problems for underserved markets. Bevel's product line includes a comprehensive range of items, from shaving products and skincare to hair care solutions, all designed with the unique needs of its target demographic in mind. Bevel is committed to promoting positive representation and inclusivity in the beauty industry, and its innovative products have been recognized with several industry awards for their quality and effectiveness.
Business Model:
Bevel operates on a direct-to-consumer business model, leveraging digital channels to reach its target audience. The company's products are sold primarily through its online platform, but are also available in select physical retail stores. Bevel's approach is customer-centric, strongly emphasizing education and community building. The company provides detailed how-to guides, grooming tips, and educational content to help customers achieve the best results with its products. Bevel also fosters a sense of community through its social media platforms, encouraging dialogue, sharing customer testimonials, and highlighting positive representation in the beauty and grooming industry.
Revenue Model:
Bevel's primary revenue source comes from selling its grooming and personal care products. The company offers individual products as well as subscription-based services. Customers can purchase Bevel products a la carte or opt for a subscription service, which delivers a curated selection of products to their doorsteps on a recurring basis. This model ensures a steady stream of recurring revenue for the company. Additionally, Bevel generates revenue from its partnerships with select physical retail stores, where its products are made available to a broader customer base.
Bevel’s Related Competitors
Tropic Skincare Business Model
Treatwell Business Model
Mary Kay Business Model
Bevel’s Business Model Canvas
- Tristan Walker (founder)
- Andreessen Horowitz
- Upfront Ventures
- Collaboration with the Walker & Co. brand
- Bevel has partnered with the National Urban League to create a scholarship program for underrepresented minorities in technology
- Bevel has partnered with the "Mariners Inn" in Detroit to create a scholarship program for underrepresented minorities in technology
- Bevel has partnered with the "Level Playing Field Institute" to create a scholarship program for underrepresented minorities in technology
- Bevel has partnered with the "Thurgood Marshall College Fund" to create a scholarship program for underrepresented minorities in technology
- Product development
- Marketing
- Distribution
- Customer support
- Community
- Networking
- Operations
- Bevel products
- Bevel Blade
- Bevel Trimmer
- Bevel Shave System
- Bevel App
- Bevel community
- Bevel Magazine
- Bevel Barbershop
- Bevel Brand
- Bevel Code
- Bevel Classics
- Bevel Shave System
- Bevel App
- Bevel community
- Bevel Magazine
- Bevel Barbershop
- Bevel Brand
- Bevel Code
- Bevel Classics
- Bevel Shave System
- Bevel App
- Bevel community
- Bevel Magazine
- Bevel Barbershop
- Bevel Brand
- Bevel Code
- Bevel Classics
- Bevel is the first end-to-end shaving system specifically designed for men with coarse, curly hair
- The Bevel Shave System consists of the Bevel Razor and Bevel Badger Brush
- Bevel is a superior grooming experience for men with coarse, curly hair
- Bevel is a movement that exists to inspire the world to reimagine what it means to be a man of the 21st century
- Bevel is a brand that exists to inspire the world to reimagine what it means to be a man of the 21st century
- Online
- Word of mouth
- Fans
- Influencers
- Customer service
- Community
- Exclusive
- Self-service
- Automated
- Co-creation
- Word-of-mouth
- Social media
- Online marketing
- Afro-american men
- Early adopters
- Millennials
- Website
- Online Shop
- Blog
- Social media
- Phone
- Product development
- R&D
- Operations
- Marketing
- Customer service
- Employees
- Legal
- Selling products and accessories
- Selling gift cards
- Selling Bevel Shave System
- Selling Bevel Trimmer
- Selling Bevel Blade
- Selling Bevel Restoring Balm
- Subscription-based services
Vizologi
A generative AI business strategy tool to create business plans in 1 minute
FREE 7 days trial ‐ Get started in seconds
Try it freeBevel’s Revenue Model
Bevel makes money by combining different business models. Below, you will find the list of the different monetization strategies identified for this company:
- Direct selling
- eCommerce
- Digital
- Ecosystem
- Product innovation
- Subscription
- Customer loyalty
- Customer relationship
Bevel’s Case Study
Bevel's CASE STUDY
In the bustling landscape of the beauty industry, one company has stood out by prioritizing a community often overlooked—Bevel. Founded in 2013 by Tristan Walker, Bevel is a personal care brand that specializes in grooming products tailored for people of color. Guided by the mission to solve health and beauty problems for underserved markets, Bevel has revolutionized the grooming industry with its high-quality, innovative solutions.A Mission Rooted in Representation
From the outset, Bevel’s mission was clear: provide grooming products that meet the unique needs of men with coarse, curly hair. Tristan Walker, who experienced first-hand the limited options available for black men, saw an opportunity for impactful change. Walker’s vision has made Bevel distinctive, not merely as a brand but as a movement that champions positive representation in the beauty sector. Data speaks volumes about Bevel’s approach. According to the U.S. Census Bureau, African Americans make up approximately 13.4% of the U.S. population, yet mainstream grooming products fail to address their specific needs. Bevel stepped in to fill this gap, launching the Bevel Shave System, an end-to-end shaving solution designed to reduce skin irritation and razor bumps—a common issue for men with coarse, curly hair.Innovation and Community Building
What truly sets Bevel apart is its blend of product innovation and community focus. Bevel’s digital maturity places it in the “Digirati” category, leveraging online platforms to engage and educate its audience. This direct-to-consumer model, primarily through Bevel’s website (https://getbevel.com/), empowers customers with resources and knowledge. Detailed grooming guides, tips, and how-to videos are readily available, creating a sense of belonging and community. According to a Harvard Business Review article, companies that invest in building strong communities around their brands see higher customer loyalty and longer customer lifespans. Bevel exemplifies this, using social media not only for marketing but for fostering conversations, sharing testimonials, and highlighting positive representation. This approach aligns with Tristan Walker’s belief in creating products that address not just physical grooming needs but also emotional and social well-being.A Sustainable Revenue Model
Bevel’s revenue model is another testament to its innovation. It combines direct product sales with a subscription-based service. Customers can purchase products like the Bevel Razor, Bevel Trimmer, and Bevel Restoring Balm a la carte or opt for a subscription service. The subscription model offers a curated selection of grooming products delivered regularly, ensuring customer convenience and loyalty while generating a steady revenue stream for Bevel. A 2021 survey by McKinsey & Company found that subscription services in the beauty sector have grown by over 300% in the last seven years, highlighting the efficacy of Bevel's approach. Furthermore, Bevel’s presence in select physical retail stores broadens its reach, making it accessible to a larger audience.Partnerships and Social Impact
Partnerships have been critical to Bevel’s impact and growth. Collaborations with organizations like the National Urban League and the Thurgood Marshall College Fund have led to scholarship programs for underrepresented minorities in technology. These initiatives underscore Bevel’s commitment to social equity, extending its influence beyond the grooming aisle. Quotes from industry experts further validate Bevel’s strategy. According to Robert F. Smith, Founder of Vista Equity Partners, “Brands that prioritize community and representation can create not just customers but advocates.” This philosophy echoes in Bevel’s actions and outcomes, fostering trust and loyalty among its clientele.In Conclusion
The Bevel case study is an illuminating example of how purpose-driven innovation can not only fill a market void but also instigate social change. Bevel has redefined what it means to serve a niche market, executing a masterful blend of quality products, community engagement, and social responsibility. Tristan Walker's vision has not just built a brand but initiated a movement, encouraging the world to reimagine beauty standards and inclusivity. The future looks bright for Bevel as it continues to set benchmarks in the beauty and grooming industry, one carefully curated shave at a time.If you enjoyed this content, you’re in for a treat! Dive into our extensive repository of business model examples, where we’ve dissected and analyzed thousands of business strategies from top tech companies and innovative startups. Don’t miss out!