Mar 29, 2021 · 53m · how-i-built-this

UPPAbaby: Bob and Lauren Monahan

Bob Monahan · 18m spoken Guy Raz · 16m spoken Lauren Monahan · 12m spoken
0:00 / 0:00

gold bands on the timeline = statements, start to end. Hover to read, click to jump. CC turns on captions

In this episode of How I Built This, host Guy Raz speaks with Bob and Lauren Monahan about how they bootstrapped UPPAbaby from an old shoe factory into an industry-leading baby gear brand through engineering innovation, boutique retail partnerships, and accessible luxury design.

How this conversation actually went

Every chapter scored 0–10 on four independent dynamics. Hover any point for the reasoning behind the score. Guy holds 35.9% of the talking time here. How this is scored →

Guy as informed peer 2.6 Guest teaching 3.8 Guest disagreement 1.1 Guy pushing back 0.6
05100:0015:0030:0045:000:04–4:03 · Guy as informed peer 6/10 Early Startup Memories in an Old Shoe Factory Guy Raz frames the episode with an extensive narrative monologue analyzing market saturation, drawing parallels to RXBAR and burger chains to set up UPPAbaby's strategic positioning.4:04–6:45 · Guy as informed peer 2/10 Lauren Monahan's Collegiate Hockey and Early Career Lauren recounts her Division I hockey days at Yale and early career at the NHL and Reebok, correcting Guy's assumptions about fighting in women's hockey with an amusing personal anecdote.6:50–8:53 · Guy as informed peer 2/10 Meeting Through Pickup Hockey at Reebok Bob and Lauren playfully banter about how they met at a Friday morning Reebok pickup hockey skate, lightly correcting each other on whether the fee was ten or twenty dollars.8:53–14:00 · Guy as informed peer 3/10 Bob's Layoff and Transition to Juvenile Products Bob describes getting laid off from Reebok and transitioning into juvenile products, explaining patents for the Easy Leaf Hauler and modular baby gates while Guy looks up the leaf hauler on Amazon.14:00–17:12 · Guy as informed peer 3/10 Spotting Stroller Potential and Leaving Safety 1st Bob details working on Safety 1st's European Quinny stroller launch, explaining why he left after realizing his former Reebok boss was being brought in over him.17:12–21:27 · Guy as informed peer 2/10 Sourcing Modular Concepts and Gaining Dad Appeal Bob and Lauren educate Guy on the emerging dad-blog culture around strollers in the mid-2000s and why high-end gear shifted from layettes and cribs to strollers.21:29–24:33 · Guy as informed peer 1/10 Mid-Episode Break and Sarah Jessica Parker Teaser Bob outlines the core mechanical advantages of modular strollers over Bugaboo, highlighting user-friendliness and high-grade aluminum construction.24:33–27:48 · Guy as informed peer 2/10 The Chaotic First Trade Show Debut in Florida Bob tells the chaotic story of debuting at their first Florida trade show on the day their third child was born, complete with an employee's cousin bleeding on strollers.27:57–30:56 · Guy as informed peer 3/10 Las Vegas Trade Show and New York Retail Traction Bob and Lauren discuss breaking into independent New York specialty retailers at the Las Vegas show by setting a one-unit minimum order quantity.30:56–34:26 · Guy as informed peer 2/10 Leveraging PR and Celebrity Endorsements Lauren pushes back on Guy's assumption about celebrity gifting, explaining that word-of-mouth and editorial coverage matter far more than paparazzi photos.34:26–37:12 · Guy as informed peer 3/10 Lauren Joins Sales and Bootstrapping in Rockland Lauren describes taking over sales and marketing while Bob shares vivid, humorous memories of working out of a drafty former shoe factory without air conditioning.37:14–40:23 · Guy as informed peer 2/10 Mid-Program Transition and Recession Strategy Teaser Lauren rejects Buy Buy Baby's attempt to label them 'the next Bugaboo' and explains how the 2008 recession and superior retail margins accelerated their growth.40:23–43:06 · Guy as informed peer 3/10 Designing for Multiple Children and Hitting Milestones Guy questions whether the market window is narrow, and Bob explains designing multi-child modular configurations to extend the customer lifecycle to six years.43:06–45:36 · Guy as informed peer 4/10 Balancing Quality, Materials, and Pricing Strategy Guy presses Bob on why high-end strollers cannot be made affordable for Walmart or Target shoppers; Bob gives a detailed technical defense of materials, bearings, and PU foam.45:37–48:14 · Guy as informed peer 2/10 Navigating Spousal Partnership and Division of Roles Bob and Lauren openly describe marital friction over business decisions, differentiating between brand decisions and sales volume targets.48:16–51:27 · Guy as informed peer 3/10 Future Plans, Work-Life Balance, and Side Passions Bob and Lauren share their perspective on hard work versus timing in response to Guy's classic luck question, also detailing their side passion projects in hockey.51:27–52:12 · Guy as informed peer 1/10 A Playful Hockey Shootout Debate Guy sparks a playful competition asking who would win a hockey shootout; Bob claims he would easily win because he just skated, while Guy backs Division I veteran Lauren.0:04–4:03 · Guest teaching 1/10 Early Startup Memories in an Old Shoe Factory Guy Raz frames the episode with an extensive narrative monologue analyzing market saturation, drawing parallels to RXBAR and burger chains to set up UPPAbaby's strategic positioning.4:04–6:45 · Guest teaching 4/10 Lauren Monahan's Collegiate Hockey and Early Career Lauren recounts her Division I hockey days at Yale and early career at the NHL and Reebok, correcting Guy's assumptions about fighting in women's hockey with an amusing personal anecdote.6:50–8:53 · Guest teaching 2/10 Meeting Through Pickup Hockey at Reebok Bob and Lauren playfully banter about how they met at a Friday morning Reebok pickup hockey skate, lightly correcting each other on whether the fee was ten or twenty dollars.8:53–14:00 · Guest teaching 4/10 Bob's Layoff and Transition to Juvenile Products Bob describes getting laid off from Reebok and transitioning into juvenile products, explaining patents for the Easy Leaf Hauler and modular baby gates while Guy looks up the leaf hauler on Amazon.14:00–17:12 · Guest teaching 4/10 Spotting Stroller Potential and Leaving Safety 1st Bob details working on Safety 1st's European Quinny stroller launch, explaining why he left after realizing his former Reebok boss was being brought in over him.17:12–21:27 · Guest teaching 5/10 Sourcing Modular Concepts and Gaining Dad Appeal Bob and Lauren educate Guy on the emerging dad-blog culture around strollers in the mid-2000s and why high-end gear shifted from layettes and cribs to strollers.21:29–24:33 · Guest teaching 3/10 Mid-Episode Break and Sarah Jessica Parker Teaser Bob outlines the core mechanical advantages of modular strollers over Bugaboo, highlighting user-friendliness and high-grade aluminum construction.24:33–27:48 · Guest teaching 3/10 The Chaotic First Trade Show Debut in Florida Bob tells the chaotic story of debuting at their first Florida trade show on the day their third child was born, complete with an employee's cousin bleeding on strollers.27:57–30:56 · Guest teaching 4/10 Las Vegas Trade Show and New York Retail Traction Bob and Lauren discuss breaking into independent New York specialty retailers at the Las Vegas show by setting a one-unit minimum order quantity.30:56–34:26 · Guest teaching 5/10 Leveraging PR and Celebrity Endorsements Lauren pushes back on Guy's assumption about celebrity gifting, explaining that word-of-mouth and editorial coverage matter far more than paparazzi photos.34:26–37:12 · Guest teaching 3/10 Lauren Joins Sales and Bootstrapping in Rockland Lauren describes taking over sales and marketing while Bob shares vivid, humorous memories of working out of a drafty former shoe factory without air conditioning.37:14–40:23 · Guest teaching 6/10 Mid-Program Transition and Recession Strategy Teaser Lauren rejects Buy Buy Baby's attempt to label them 'the next Bugaboo' and explains how the 2008 recession and superior retail margins accelerated their growth.40:23–43:06 · Guest teaching 5/10 Designing for Multiple Children and Hitting Milestones Guy questions whether the market window is narrow, and Bob explains designing multi-child modular configurations to extend the customer lifecycle to six years.43:06–45:36 · Guest teaching 6/10 Balancing Quality, Materials, and Pricing Strategy Guy presses Bob on why high-end strollers cannot be made affordable for Walmart or Target shoppers; Bob gives a detailed technical defense of materials, bearings, and PU foam.45:37–48:14 · Guest teaching 4/10 Navigating Spousal Partnership and Division of Roles Bob and Lauren openly describe marital friction over business decisions, differentiating between brand decisions and sales volume targets.48:16–51:27 · Guest teaching 4/10 Future Plans, Work-Life Balance, and Side Passions Bob and Lauren share their perspective on hard work versus timing in response to Guy's classic luck question, also detailing their side passion projects in hockey.51:27–52:12 · Guest teaching 2/10 A Playful Hockey Shootout Debate Guy sparks a playful competition asking who would win a hockey shootout; Bob claims he would easily win because he just skated, while Guy backs Division I veteran Lauren.0:04–4:03 · Guest disagreement 0/10 Early Startup Memories in an Old Shoe Factory Guy Raz frames the episode with an extensive narrative monologue analyzing market saturation, drawing parallels to RXBAR and burger chains to set up UPPAbaby's strategic positioning.4:04–6:45 · Guest disagreement 1/10 Lauren Monahan's Collegiate Hockey and Early Career Lauren recounts her Division I hockey days at Yale and early career at the NHL and Reebok, correcting Guy's assumptions about fighting in women's hockey with an amusing personal anecdote.6:50–8:53 · Guest disagreement 1/10 Meeting Through Pickup Hockey at Reebok Bob and Lauren playfully banter about how they met at a Friday morning Reebok pickup hockey skate, lightly correcting each other on whether the fee was ten or twenty dollars.8:53–14:00 · Guest disagreement 1/10 Bob's Layoff and Transition to Juvenile Products Bob describes getting laid off from Reebok and transitioning into juvenile products, explaining patents for the Easy Leaf Hauler and modular baby gates while Guy looks up the leaf hauler on Amazon.14:00–17:12 · Guest disagreement 1/10 Spotting Stroller Potential and Leaving Safety 1st Bob details working on Safety 1st's European Quinny stroller launch, explaining why he left after realizing his former Reebok boss was being brought in over him.17:12–21:27 · Guest disagreement 0/10 Sourcing Modular Concepts and Gaining Dad Appeal Bob and Lauren educate Guy on the emerging dad-blog culture around strollers in the mid-2000s and why high-end gear shifted from layettes and cribs to strollers.21:29–24:33 · Guest disagreement 0/10 Mid-Episode Break and Sarah Jessica Parker Teaser Bob outlines the core mechanical advantages of modular strollers over Bugaboo, highlighting user-friendliness and high-grade aluminum construction.24:33–27:48 · Guest disagreement 1/10 The Chaotic First Trade Show Debut in Florida Bob tells the chaotic story of debuting at their first Florida trade show on the day their third child was born, complete with an employee's cousin bleeding on strollers.27:57–30:56 · Guest disagreement 0/10 Las Vegas Trade Show and New York Retail Traction Bob and Lauren discuss breaking into independent New York specialty retailers at the Las Vegas show by setting a one-unit minimum order quantity.30:56–34:26 · Guest disagreement 2/10 Leveraging PR and Celebrity Endorsements Lauren pushes back on Guy's assumption about celebrity gifting, explaining that word-of-mouth and editorial coverage matter far more than paparazzi photos.34:26–37:12 · Guest disagreement 0/10 Lauren Joins Sales and Bootstrapping in Rockland Lauren describes taking over sales and marketing while Bob shares vivid, humorous memories of working out of a drafty former shoe factory without air conditioning.37:14–40:23 · Guest disagreement 2/10 Mid-Program Transition and Recession Strategy Teaser Lauren rejects Buy Buy Baby's attempt to label them 'the next Bugaboo' and explains how the 2008 recession and superior retail margins accelerated their growth.40:23–43:06 · Guest disagreement 2/10 Designing for Multiple Children and Hitting Milestones Guy questions whether the market window is narrow, and Bob explains designing multi-child modular configurations to extend the customer lifecycle to six years.43:06–45:36 · Guest disagreement 2/10 Balancing Quality, Materials, and Pricing Strategy Guy presses Bob on why high-end strollers cannot be made affordable for Walmart or Target shoppers; Bob gives a detailed technical defense of materials, bearings, and PU foam.45:37–48:14 · Guest disagreement 1/10 Navigating Spousal Partnership and Division of Roles Bob and Lauren openly describe marital friction over business decisions, differentiating between brand decisions and sales volume targets.48:16–51:27 · Guest disagreement 1/10 Future Plans, Work-Life Balance, and Side Passions Bob and Lauren share their perspective on hard work versus timing in response to Guy's classic luck question, also detailing their side passion projects in hockey.51:27–52:12 · Guest disagreement 3/10 A Playful Hockey Shootout Debate Guy sparks a playful competition asking who would win a hockey shootout; Bob claims he would easily win because he just skated, while Guy backs Division I veteran Lauren.0:04–4:03 · Guy pushing back 0/10 Early Startup Memories in an Old Shoe Factory Guy Raz frames the episode with an extensive narrative monologue analyzing market saturation, drawing parallels to RXBAR and burger chains to set up UPPAbaby's strategic positioning.4:04–6:45 · Guy pushing back 0/10 Lauren Monahan's Collegiate Hockey and Early Career Lauren recounts her Division I hockey days at Yale and early career at the NHL and Reebok, correcting Guy's assumptions about fighting in women's hockey with an amusing personal anecdote.6:50–8:53 · Guy pushing back 0/10 Meeting Through Pickup Hockey at Reebok Bob and Lauren playfully banter about how they met at a Friday morning Reebok pickup hockey skate, lightly correcting each other on whether the fee was ten or twenty dollars.8:53–14:00 · Guy pushing back 2/10 Bob's Layoff and Transition to Juvenile Products Bob describes getting laid off from Reebok and transitioning into juvenile products, explaining patents for the Easy Leaf Hauler and modular baby gates while Guy looks up the leaf hauler on Amazon.14:00–17:12 · Guy pushing back 1/10 Spotting Stroller Potential and Leaving Safety 1st Bob details working on Safety 1st's European Quinny stroller launch, explaining why he left after realizing his former Reebok boss was being brought in over him.17:12–21:27 · Guy pushing back 0/10 Sourcing Modular Concepts and Gaining Dad Appeal Bob and Lauren educate Guy on the emerging dad-blog culture around strollers in the mid-2000s and why high-end gear shifted from layettes and cribs to strollers.21:29–24:33 · Guy pushing back 0/10 Mid-Episode Break and Sarah Jessica Parker Teaser Bob outlines the core mechanical advantages of modular strollers over Bugaboo, highlighting user-friendliness and high-grade aluminum construction.24:33–27:48 · Guy pushing back 0/10 The Chaotic First Trade Show Debut in Florida Bob tells the chaotic story of debuting at their first Florida trade show on the day their third child was born, complete with an employee's cousin bleeding on strollers.27:57–30:56 · Guy pushing back 0/10 Las Vegas Trade Show and New York Retail Traction Bob and Lauren discuss breaking into independent New York specialty retailers at the Las Vegas show by setting a one-unit minimum order quantity.30:56–34:26 · Guy pushing back 1/10 Leveraging PR and Celebrity Endorsements Lauren pushes back on Guy's assumption about celebrity gifting, explaining that word-of-mouth and editorial coverage matter far more than paparazzi photos.34:26–37:12 · Guy pushing back 0/10 Lauren Joins Sales and Bootstrapping in Rockland Lauren describes taking over sales and marketing while Bob shares vivid, humorous memories of working out of a drafty former shoe factory without air conditioning.37:14–40:23 · Guy pushing back 0/10 Mid-Program Transition and Recession Strategy Teaser Lauren rejects Buy Buy Baby's attempt to label them 'the next Bugaboo' and explains how the 2008 recession and superior retail margins accelerated their growth.40:23–43:06 · Guy pushing back 1/10 Designing for Multiple Children and Hitting Milestones Guy questions whether the market window is narrow, and Bob explains designing multi-child modular configurations to extend the customer lifecycle to six years.43:06–45:36 · Guy pushing back 3/10 Balancing Quality, Materials, and Pricing Strategy Guy presses Bob on why high-end strollers cannot be made affordable for Walmart or Target shoppers; Bob gives a detailed technical defense of materials, bearings, and PU foam.45:37–48:14 · Guy pushing back 0/10 Navigating Spousal Partnership and Division of Roles Bob and Lauren openly describe marital friction over business decisions, differentiating between brand decisions and sales volume targets.48:16–51:27 · Guy pushing back 1/10 Future Plans, Work-Life Balance, and Side Passions Bob and Lauren share their perspective on hard work versus timing in response to Guy's classic luck question, also detailing their side passion projects in hockey.51:27–52:12 · Guy pushing back 1/10 A Playful Hockey Shootout Debate Guy sparks a playful competition asking who would win a hockey shootout; Bob claims he would easily win because he just skated, while Guy backs Division I veteran Lauren.

speaking balance: gold is Guy, purple is the guest (3 minute bins)

0:00 · Guy 86.9% · guest 13.1%0:00 · Guy 86.9% · guest 13.1%3:00 · Guy 56.3% · guest 43.7%3:00 · Guy 56.3% · guest 43.7%6:00 · Guy 27.2% · guest 72.8%6:00 · Guy 27.2% · guest 72.8%9:00 · Guy 25.9% · guest 74.1%9:00 · Guy 25.9% · guest 74.1%12:00 · Guy 44.8% · guest 55.2%12:00 · Guy 44.8% · guest 55.2%15:00 · Guy 31.4% · guest 68.6%15:00 · Guy 31.4% · guest 68.6%18:00 · Guy 20.9% · guest 79.1%18:00 · Guy 20.9% · guest 79.1%21:00 · Guy 48.3% · guest 51.7%21:00 · Guy 48.3% · guest 51.7%24:00 · Guy 41% · guest 59%24:00 · Guy 41% · guest 59%27:00 · Guy 35.4% · guest 64.6%27:00 · Guy 35.4% · guest 64.6%30:00 · Guy 11.2% · guest 88.8%30:00 · Guy 11.2% · guest 88.8%33:00 · Guy 34.5% · guest 65.5%33:00 · Guy 34.5% · guest 65.5%36:00 · Guy 26.7% · guest 73.3%36:00 · Guy 26.7% · guest 73.3%39:00 · Guy 26.1% · guest 73.9%39:00 · Guy 26.1% · guest 73.9%42:00 · Guy 36.6% · guest 63.4%42:00 · Guy 36.6% · guest 63.4%45:00 · Guy 17.4% · guest 82.6%45:00 · Guy 17.4% · guest 82.6%48:00 · Guy 35.4% · guest 64.6%48:00 · Guy 35.4% · guest 64.6%51:00 · Guy 46.3% · guest 53.7%51:00 · Guy 46.3% · guest 53.7%
Sharpest disagreement ▶ 33:33 Lauren pushes back against celebrity marketing emphasis

Lauren directly rejects Guy's suggestion that celebrity gifting drove their visibility, pointing out that peer recommendations and articles are far more influential.

Hardest push from Guy ▶ 44:37 Guy presses on mass market affordability

Guy challenges Bob on whether UPPAbaby could make an equally functional stroller at a price point affordable for average Target or Walmart shoppers.

Biggest teaching moment ▶ 45:00 Bob breaks down stroller component engineering

Bob educates Guy on specific component compromises in mass manufacturing, contrasting PU versus EVA foam tires, anodized aluminum versus powder-coated steel, and stainless steel rivets.

Guy holds their own ▶ 0:50 Guy's market saturation thesis

Guy showcases his deep business analysis by framing market saturation through burger restaurants and RXBAR's CrossFit distribution channel before applying it to UPPAbaby.

the scores for every segment, with the reasoning behind each
ChapterTopicGuy as informed peerGuest teachingGuest disagreementGuy pushing backWhy
Early Startup Memories in an Old Shoe Factory 6100 Guy Raz frames the episode with an extensive narrative monologue analyzing market saturation, drawing parallels to RXBAR and burger chains to set up UPPAbaby's strategic positioning.
Lauren Monahan's Collegiate Hockey and Early Career 2410 Lauren recounts her Division I hockey days at Yale and early career at the NHL and Reebok, correcting Guy's assumptions about fighting in women's hockey with an amusing personal anecdote.
Meeting Through Pickup Hockey at Reebok 2210 Bob and Lauren playfully banter about how they met at a Friday morning Reebok pickup hockey skate, lightly correcting each other on whether the fee was ten or twenty dollars.
Bob's Layoff and Transition to Juvenile Products 3412 Bob describes getting laid off from Reebok and transitioning into juvenile products, explaining patents for the Easy Leaf Hauler and modular baby gates while Guy looks up the leaf hauler on Amazon.
Spotting Stroller Potential and Leaving Safety 1st 3411 Bob details working on Safety 1st's European Quinny stroller launch, explaining why he left after realizing his former Reebok boss was being brought in over him.
Sourcing Modular Concepts and Gaining Dad Appeal 2500 Bob and Lauren educate Guy on the emerging dad-blog culture around strollers in the mid-2000s and why high-end gear shifted from layettes and cribs to strollers.
Mid-Episode Break and Sarah Jessica Parker Teaser 1300 Bob outlines the core mechanical advantages of modular strollers over Bugaboo, highlighting user-friendliness and high-grade aluminum construction.
The Chaotic First Trade Show Debut in Florida 2310 Bob tells the chaotic story of debuting at their first Florida trade show on the day their third child was born, complete with an employee's cousin bleeding on strollers.
Las Vegas Trade Show and New York Retail Traction 3400 Bob and Lauren discuss breaking into independent New York specialty retailers at the Las Vegas show by setting a one-unit minimum order quantity.
Leveraging PR and Celebrity Endorsements 2521 Lauren pushes back on Guy's assumption about celebrity gifting, explaining that word-of-mouth and editorial coverage matter far more than paparazzi photos.
Lauren Joins Sales and Bootstrapping in Rockland 3300 Lauren describes taking over sales and marketing while Bob shares vivid, humorous memories of working out of a drafty former shoe factory without air conditioning.
Mid-Program Transition and Recession Strategy Teaser 2620 Lauren rejects Buy Buy Baby's attempt to label them 'the next Bugaboo' and explains how the 2008 recession and superior retail margins accelerated their growth.
Designing for Multiple Children and Hitting Milestones 3521 Guy questions whether the market window is narrow, and Bob explains designing multi-child modular configurations to extend the customer lifecycle to six years.
Balancing Quality, Materials, and Pricing Strategy 4623 Guy presses Bob on why high-end strollers cannot be made affordable for Walmart or Target shoppers; Bob gives a detailed technical defense of materials, bearings, and PU foam.
Navigating Spousal Partnership and Division of Roles 2410 Bob and Lauren openly describe marital friction over business decisions, differentiating between brand decisions and sales volume targets.
Future Plans, Work-Life Balance, and Side Passions 3411 Bob and Lauren share their perspective on hard work versus timing in response to Guy's classic luck question, also detailing their side passion projects in hockey.
A Playful Hockey Shootout Debate 1231 Guy sparks a playful competition asking who would win a hockey shootout; Bob claims he would easily win because he just skated, while Guy backs Division I veteran Lauren.

Statements from this episode (15)

Assertion Not checkable as stated
Hasbro's Rhode Island Presence Spurred a Juvenile Products Industry Cluster
“Because Hasbro is in, is just south of us in Rhode Island, and because of, they're there was a safety first, first year, some juvenile products companies had sprung up in the area”
Bob Monahan Mar 29, 2021 ▶ 9:39
Assertion Not checkable as stated
Bob Monahan: US Stroller Market Was Stagnant and Dominated by Licensed Brands
“Back in the day, there was Bugaboo, and the stroller was kind of, in the United States, it was kind of stagnant, and you had various licenses that you put on. It was like you had a plane stroller with a NASCAR, Dale Earnhardt's, like, number on the side, and i…”
Bob Monahan Mar 29, 2021 ▶ 14:25
Assertion Partly supported
Monahan: High-end Bugaboo and Quinny strollers cost $500-$550 in 2005
“They were 500 bucks at that time. Five, five 50.”
Bob Monahan Mar 29, 2021 ▶ 18:59
Disclosure
Monahan: UPPAbaby received early capital from Lauren Monahan's father
“Lauren's dad was a good friend of mine, and he, I think he wanted to help me out a little bit, and like, you know, it wasn't, you know, he helped me, you know, with a little bit of capital to help me get going with this, but it really wasn't a big deal.”
Bob Monahan Mar 29, 2021 ▶ 20:55
Opinion
Monahan: Bugaboo pioneered modular strollers but lacked user friendliness
“We owe a lot of credit to Bugaboo for kind of like pioneering the market, but in my opinion, it wasn't the most user-friendly stroller.”
Bob Monahan Mar 29, 2021 ▶ 22:43
Disclosure
Monahan: UPPAbaby targeted the entry-level luxury stroller market
“Yeah, that was the goal would be some middle ground, or maybe upper middle ground. Call it, you know, like, entry-level luxury or something like that.”
Bob Monahan Mar 29, 2021 ▶ 25:06
Assertion Not checkable as stated
Monahan: UPPAbaby sales grew from 40 units to 250 units within four months
“We started with 40, and they all sold, and then everybody re-upped. The next month we sold a hundred, and the next month we sold a 175, and the next month we sold two 50.”
Bob Monahan Mar 29, 2021 ▶ 29:51
Insight
Lauren Monahan: Media coverage is far more powerful than celebrity photos
“Articles are far more powerful, and media coverage is far more powerful than a picture with a celebrity, for sure.”
Lauren Monahan Mar 29, 2021 ▶ 33:52
Insight
Lauren Monahan: Peer recommendations drive baby product choices most
“We were very cognizant early on that the number one driver of what a parent starts to look at for their baby products is products that their friends have told them they should buy.”
Lauren Monahan Mar 29, 2021 ▶ 34:03
Assertion Not checkable as stated
Bob Monahan: UPPAbaby Furnished Its Early Office Using Discarded Lobby Furniture
“We were in Rockland, and we were in an old shoe factory. Eventually grew to be about seven or eight, nine people. And the way we did furniture there, when you're done with a piece of furniture, you put it in the lobby. And then when you wanted a piece of furni…”
Bob Monahan Mar 29, 2021 ▶ 36:30
Insight
Higher Wholesale Margins Incentivized Retailers to Push UPPAbaby's Lower-Priced Strollers
“When we had gone into the retailers, and this was where Joanne had come in, she was pretty knowledgeable about what margins look like for retailers, and at the time she said, if we come in and we give them a margin that's a little bit bigger than what they're …”
Lauren Monahan Mar 29, 2021 ▶ 39:41
Assertion Supported
Monahan: UPPAbaby was first stroller expanding to carry three children
“We were the first stroller to go from, you know, you have a stroller, now you can add a second seat, and now you can add a piggyback, so we could put three kids on our stroller”
Bob Monahan Mar 29, 2021 ▶ 41:24
Insight
UPPAbaby Co-founder: Budget Strollers Inevitably Compromise on Material Quality and Durability
“It would be less. It's just not as good. I mean, it's just, is you know, Hyundai still has a radio. It's got wheels, tires, power windows, power, whatever, but it's not. And it's what your values are. There's somewhere in there. Either the rivets aren't stainl…”
Bob Monahan Mar 29, 2021 ▶ 44:58
Insight
Monahan: Building a unique brand requires prioritizing brand identity over maximum sales
“You know, some decisions you make are like, hey, what's going to sell the most? Okay, then we're going to do that. Well, okay, yeah, I understand that would sell, but for the brand, you know, this is what we want to do, and I can't really articulate why we're …”
Bob Monahan Mar 29, 2021 ▶ 46:55
Opinion
Lauren Monahan: UPPAbaby's success was driven by market timing rather than luck
“I'm gonna say a lot less luck and more really good timing. Great opportunities. The opening in the marketplace, the people ready to transition to a more sophisticated product. All of those things, the timing was really important. There may have been a couple t…”
Lauren Monahan Mar 29, 2021 ▶ 50:11
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