339 | The Intersection of Beauty, Packaging and Sustainability with Megan Young Gamble
Megan Young Gamble Bio
Megan Young Gamble is a Is a packaging and product management consultant with over 10 years of experience turning ideas into standout consumer products for top beauty, wellness, and personal care brands,. Known as The Project ExecutionHER, Megan transform your company's pain points into custom solutions, manages your project from start to finish and brings a 360-degree perspective on packaging and product development.
This episode is sponsored by the coaching company of the host, Paul Zelizer. Consider a Strategy Session if you can use support growing your impact business.
Resources mentioned in this episode include:
Sustainable Beauty Packaging Strategies: Interview Transcript with Megan Young Gamble
NOTE: While it’s not perfect, we offer a transcript and the below summaries by Castmagic for those who are hearing impaired or who don’t find listening to a podcast enjoyable or possible.
You can read the full transcript of this episode here.
Key Topics on Sustainable Beauty Packaging with Megan Young Gamble
Introduction
- Megan's personal and professional journey
- Transition from chemistry to beauty industry
- Role as a packaging and product management consultant
2. Megan Young Gamble’s Entrepreneurial Journey
- Megan's own podcast, "Product and Packaging Powerhouse"
- Encouragement from Paul Zelizer to share Megan's work
- Calls for listener suggestions for future topics and guests
3. Entrepreneurship in the Beauty Space
- Congratulations to new beauty entrepreneurs
- Importance of hiring a regulatory specialist
- Starting with stock packaging and labels
- Exploring sustainable packaging options
4. Financial Considerations in Sustainability
- Competitive analysis for pricing strategy
- Properly matching product types and packaging to competitors
- Example brands: The Ordinary, Murad
5. Consumer Habits and Product Placement
- Considerations for nail wearers to avoid cross-contamination
- Leveraging consumer habits in product development
6. Costs in Beauty Product Manufacturing
- Costs of manufacturing, packaging, and distribution
- Transportation and retail placement fees
- Need for capital to sustain large-scale orders
7. Retail Readiness for Beauty Brands
- Assessing brand readiness for retail
- Considerations for profit margins and suggested retail prices
- Meeting demands of large retailers
8. Ideal Business Clients for Megan's Firm
- Entrepreneurs looking to scale their existing products
- Navigating the transition to midscale and big-box retailers
9. Sustainable Packaging and Ingredients
- Definition of sustainable packaging
- Ingredients for longer shelf life and minimal harm to water streams
10. Industry Resources and Compliance
- Sustainable Packaging Coalition, Ellen MacArthur Foundation, BeautyMatter
- Importance of understanding packaging regulations and sustainability
11. Impact on Established Beauty Businesses
- Recommendations for increasing sustainability
- Consulting with packaging manufacturers and suppliers
- Understanding retailer sustainability requirements
12. Cost and Profit Implications of Sustainability
- Financial considerations of sustainable operations
13. Support for New Impact Entrepreneurs
- Example of an entrepreneur using traditional local remedies
- Importance of business acumen and corporate experience
14. Environmental Impact of Packaging Waste
- Reflection on past non-recyclable shaving products
- Broader implications on the environment
15. Conclusion and Final Recommendations
- Importance of sustainable operations, products, and packaging
- Megan's company's focus on beauty packaging sustainability
- Final thoughts from Megan Young Gamble and Paul Zelizer
This breakdown should help you understand the flow and coverage of topics in the podcast episode.