Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Edy: Marketing to early CrossFitters fueled inov-8's growth

Wayne Edy · inov-8: Wayne Edy · Sep 13, 2021 · at 29:59

Wayne Edy, founder of athletic shoe brand inov-8, describes how the company entered the United States market and expanded by targeting the emerging CrossFit community.

0:00 / 0:14exact quote · 14.2s
720p mp4 · rendered on demand · StarZero watermark
“It was a great partnership, and we started marketing to CrossFitters, and it was the early days of CrossFit, and we got some real traction, and that helped fuel the growth of Innovate.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Wayne Edy

Opinion
Edy: inov-8 was probably more profitable under founder ownership than private equity
“No, I wouldn't say so, actually. I think the business was probably more profitable when I was CEO and in ownership of the business because it, you know, I always looked at the longer term best for the brand, but I was very careful with the money because that w…”
Wayne Edy Sep 13, 2021 ▶ 40:20 inov-8: Wayne Edy
Opinion
Edy: Descente was slow at corporate decision-making
“They're Japanese corporate, very respectful, very considerate, but they are slow on the decision-making process, and everything has to go back to Japan to take decisions”
Wayne Edy Sep 13, 2021 ▶ 43:16 inov-8: Wayne Edy
Opinion
Edy: Asia is best for sports footwear due to superior machinery and materials
“For the type of footwear that we do, it's best made in Asia because that's where there's the most development and they have the best machinery and processes and materials to make sports footwear.”
Wayne Edy Sep 13, 2021 ▶ 14:15 inov-8: Wayne Edy
Assertion Not checkable as stated
Edy: Over 70% of fell race runners wear inov-8 shoes
“And you know, today, if you go to a fell race, there's probably 70, 75% plus people are wearing Innovate shoes at these races, which is fantastic to see.”
Wayne Edy Sep 13, 2021 ▶ 25:20 inov-8: Wayne Edy
Opinion
Edy: inov-8's niche running markets cannot support its full growth potential
“I think we've got a long way to go, actually, because we're well known in the small niche markets, but actually they're not big enough to grow the brand to its full potential.”
Wayne Edy Sep 13, 2021 ▶ 53:50 inov-8: Wayne Edy
Assertion Supported
Edy: The UK Fell Running Market Was 5,000 to 6,000 Runners at Launch
“I knew that there were about five or 6000 fell runners in the UK, so it's quite a small market, but quite easy to market to because they, you know, subscribe to the same magazines, and they go to the similar races, and it's a community, so I thought that that …”
Wayne Edy Sep 13, 2021 ▶ 8:42 inov-8: Wayne Edy
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 800 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.