Will King founded male grooming brand King of Shaves in 1993. Since then, the brand's holding company, KMI, has acquired personal grooming brands including Ted Baker and Fish, and is expected to have a turnover topping £200m by 2012.
In this video interview the King of Shaves founder Will King tells us his brand creation story and how trying his girlfriend's bath oil as a replacement to shaving foam led him to found King of Shaves. He talks about the big challenges he faced whilst trying to raise finance and how he supported his business idea through the help of friends and family and unsecure loans.
The successful entrepreneur talks about product differentiation and how one of the biggest challenges that faced King of Shaves was the lack of product awareness which, due to the internet being in its early stages and the lack of interest in male skincare, took a long time to improve. Will King refers to his marketing strategies, an underground campaign with men dressed up as kings and how his brand benefitted from publicity from the likes of Princess Diana.
King also talks about his experience of securing a URL, why using his personality to promote King of Shaves has been greatly helpful, and expanding overseas to the US. He offers advice to small businesses and entrepreneurs on international expansion and why an exit plan needs to be a by-product to your overall business goal.
Will King is speaking at the smarta way to do business LIVE at the British Library on February 28. Book your ticket to see Will here.
To help you on your business journey, we've created Smarta Business Builder, the complete online tools package for growing your business. Website Builder, Business Plans, Accounting Software, Legal Documents and Email - all in one place - from just £20 per month with no contract! Try it out today.