The Beauty Industry Report Visit bironline.com Verb’s quality comes at an attractive price M comes time for my young kids to get their hair products. A woman who spends hundreds of ichael Portman and Jayson Rapaport are brushed after their baths, we use it as a dollars on her hair at a salon is never going to lifelong friends and the owners of Birds detangler that they ask for by name. At $12.00, give up the bond she has with more expensive Barbershop, the re-imagined unisex salon mom’s Verb Leave-In Mist pulls double duty. products that give her great results. She is not chain that has been named to Elle magazine’s BIR: Where did the name Verb come from? Verb’s customer and never will be. It all comes “Top Salons” list five years running. After MP: Verb’s name has to do with taking back to the 94% of people walking out of observing that the lack of affordable action. We wanted to grow the hair product salons nationwide without professional products in their retail mix was a market, and we did something about it. Verb buying anything. hurdle to retailing effectively at their five was made for take-action people like us, all of locations in Austin, TX, they them living fast, on-the-go lives. decided to do something about BIR: What made you take the leap from it. As a result, they created the salons to hair products? Verb product line, which is JR: As the employers of nearly 100 lower at retail than most stylists, we knew the salon side and the professional brands. They stylist’s perspective well. We have the best recently shared their story with test lab any company could ask for, and Beauty Industry Report (BIR). we are in constant contact with the hair BIR: Welcome, Michael and The Verb line targets the 94% of clients who leave a salon without needs and wants of a diverse, styleJayson. Exactly what is Verb? buying a product, only to purchase hair care at a mass retailer. conscious clientele. Michael Portman (MP): BIR: How did you start the Verb project? BIR: Who is Verb’s target customer? Verb is a hair product brand that speaks to the MP: Jayson’s background is as a trader on MP: Our demographic trends toward the customers who are taking their business to Wall Street, and I come from marketing at younger, style-conscious crowd, many of them mass retailers, because there isn’t an Disney and working for other big brands on armed with phones, scanning bar codes in affordable, high-quality option on the salon the agency side. We formed an experienced, retail outlets to find where they can get shelf. The Professional Beauty Association’s hungry team with experts in development, products cheaper. The recession did not annual report (June 2012) stated that retail art/design, logistics and sales and filled in the bypass our industry. People have changed their accounted for just 5.8% of total salon sales. gaps ourselves. We believed that a brand like buying habits. As a salon owner, I worry that That means 94 out of every 100 clients leave a Verb could generate a market of its the integrity of the professional salon without buying product. Verb speaks to own. So we raised the money, formed a hair market is at stake if we don’t that 94%. tough board of directors and did it right. Jayson Rapaport (JR): We make safe, good- start diversifying. JR: We’ve had great mentors. John BIR: What exemplifies the Verb looking, professional-grade hair products that Mulgrew, the former president of hair care line? are all color-safe, free of sulfates, parabens American Crew, helped establish us JR: We’ll start with our three and gluten and are made in the United States with a great stateside manufacturer with new products. Verb Ghost Oil without animal testing. All but one is vegan. a green approach. He also helped (2 oz./SRP $14.00) is a weightless BIR: What made you think that there was secure our manufacturers’ rep sales blend of argan and moringa oils room for another salon hair care brand? force, CFN, who introduced us to our JR: As a salon owner, you learn to become a that vanishes in the hair, hence first distributor, Paramount, then the name. It is smoothing, hair product retailer. Since introducing Verb to Beauty Craft, plus several others restorative and gives incredible our own salons, we’ve seen overall product launching in the spring. It took three shine without feeling like you sales go up by five times. We carry Verb, along years to get to this point, after testing in have product in your hair. Verb with other top-tier lines at higher price points, our own salons, seeing the demand Volume Spray (8 oz./SRP and they saw the same bounce. We realized Verb’s Ghost Oil $14.00) gives an instant body that if replicated, Verb could help grow the combines argan and internally and making necessary tweaks. At Cosmoprof North America, we saw boost to fine hair. The feeling of professional market by getting people to trade moringa oils. that the interest in a brand like ours was weightlessness and touchable up from the mass market. For a few more broader. We added a sales force to hold were stylist imperatives in creating it. bucks, they can get something that is actually supplement the areas CFN didn’t cover and MP: Verb Leave-In Mist (8 oz./SRP $12.00) good for their hair, and the kind of innovative embodies Verb’s ability to reach new markets— will soon have coast-to-coast distribution. professional styling products that were BIR: How does Verb partner with both and it is happening in my own house. My wife, previously out of reach. who never bought a leave-In conditioner in her distributors and salons to help your MP: A great stylist establishes lasting bonds products sell through? life, is now a complete convert. But when it with clients, and the same holds true for hair 8 MARCH 2013 knew in Austin. I asked him where he bought salon product shelf, which is fast becoming an JR: Having a national distributor is alluring, afterthought, especially to younger consumers. his groceries, did his dry cleaning, got his but we want to grow each region haircut—all the new kid in town stuff. The MP: DSCs are excited to be able to walk methodically. Fast growth looks good on haircut stumped him. At the time in Austin, into a salon with a variety of product paper, but to truly support everyone from the everything was either an expensive salon or a distributor salon consultant (DSC) to the stylist offerings, allowing them to walk out making discount chain. We built Birds Barbershop in extra sales that wouldn’t have behind the chair, you have to act response. Six years and five salons later, here been made otherwise. like a start-up every day. Working we are with Verb products, applying our same BIR: What’s the thinking about with like-minded regional proven model, offering professional quality at what goes into the bottle? distributors fits that mindset. an affordable price. MP: We don’t lower our Michael and I like rolling up our BIR: What is your vision for Verb? prices by giving the client less. In sleeves, riding along on sales calls JR: Before Verb, when I used to buy many cases, we try to put even and getting to the heart of what products in the local professional more inside to stay everyone needs, face to face. We salon store, I felt so overwhelmed. true to our don’t take a one-size-fits-all Same thing, different bottle, quality/value approach. We customize our tactics written in a language a stylist proposition. People for each market. couldn’t even understand. The scrutinize the MP: The feedback from our cornerstone of the Verb brand is ingredients on stylists is instrumental to success in honesty. That starts with quality products they buy the field. We’ve tapped that talent and ends with price. Luxury—and today more than to create a network of Verb I’d consider a $20+ hair product a ever. Women, educators for any sales or styling luxury—has long resisted especially, are demonstration a distributor might democratization. But in the postlooking for the need. The stylists are also the stars recession Information Age, that is safest, healthiest of our online education Verb’s new Volume Spray alternative that still changing. Fashion is in the midst of (verbproducts.com/demonstrate) gives an instant body a pricing sea change in response. delivers on efficacy. and the styling how-tos across Verb boost to fine hair. Professional products are next; it is JR: The line also social media. From education to just a matter of when. includes six core products priced at marketing to product development to MP: For Verb, I’d like to $12.00 each: Hydrating Shampoo designing the bottles, we are so in-house and maintain the bedrock of honesty and Hydrating Conditioner, hands-on that we can meet the needs of the and simplicity always. You’ll always Sculpting Clay and Forming Fiber distributor, the DSC, the salon owner and the Verb’s Leave-In Mist know exactly what our product for shorter styles and Styling stylists separately and very specifically. I know pulls double duty for does by reading the label. But on a Cream and Finishing Polish for first-hand what kind of turnaround it takes the family as a personal level, I’d just like to keep longer, heat-treated hair. They are when you’re outsourcing to a marketing conditioner for moms water-based, vitamin-enriched and agency, so we’re able to act at lightning speed and a detangler for working with my lifelong friend in this exciting industry. It is a contain a natural UV protectant. in comparison. kids. business that hasn’t changed much Featuring a modern, barely-there BIR: How do you help salons sell through for most of our lives, so if we scent, the products leave a clean, crisp finish beyond the quality and price point? can bring about some new that won’t linger. All of our products are made JR: Farouk Shami pioneered the “stylistperspective improvements while in the United States, cruelty free and free of first” idea with his ammonia-free color line. having a good time, and do sulfates, parabens and gluten. Stylists are the ones using products on their some good for the industry at BIR: How did you join together? bare skin. We broadened Farouk’s philosophy large, that would be the icing on JR: Our families were friends before we to include the salon client. The movement the cake. were born. We were in the same grade in toward natural ingredients and safer Michael Reach Michael Portman, cosmall-town Texas, grew up together, went off alternatives is the norm today. To get that in a Portman founder of Verb Products and to college near each other and ultimately cleanly-designed hair product geared toward Birds Barbershop, at found ourselves back in Austin looking for usefulness and simplicity only makes the price [email protected]. something new to do after our stints on Wall point more attractive for people to trade-up Reach Jayson Rapaport, coStreet (me) and at Disney (Michael). We from buying at mass market. founder of Verb Products and realized we’d make a good left brain/right BIR: What has the response been? Birds Barbershop, at brain combo with our Fortune 500 experience. JR: We’re hearing a lot of, “I’ve been waiting [email protected]. To MP: I’d been living in Los Angeles for some for something like this.” Verb is not the kind of learn more, visit time, and the first night I arrived, I went over thing you are used to seeing on a salon shelf— Jayson Rapaport verbproducts.com. and we like that. It brings attention back to the to Jayson’s because he was the only friend I MARCH 2013 9
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