015: Becoming the online party supply leader in Australia with Dean Salakas of The Party People

Product Startup · 24 Aug 2016 · 55m

What this episode covers

Dean Salakas, co-owner of The Party People, explains how the Australian online party supply leader leveraged a Shark Tank appearance to secure a strategic partnership with 3M for custom mounting hooks, which became a best-seller. Salakas details the development of a personalized label range with Avery, highlighting the decision to pivot from a buggy proprietary solution to a Microsoft Word-based template to avoid customer 'teething' issues. He also discusses the company's strategic choice to maintain brick-and-mortar stores alongside its e-commerce platform to gain a competitive advantage in digital advertising and customer experience.

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