


Skinnygirl founder on how to build your brand on TV

Bethenny Frankel went from hawking her healthful, homemade muffins in grocery stores to becoming a wildly successful, multimillionaire creator of the Skinnygirl brand.
She owes much of that success to being a cast member on Bravo's “The Real Housewives of New York” and freely admits she agreed to be on the show to help sell her brand. She tells Inc. magazine about her hard work, a business misstep she made and how other entrepreneurs just starting out can best position their brand to get more attention.
A: When Beam was interested, I thought: When Grey Goose sold, that was it. Now the company can't go make Grey Goose lip gloss or dresses. And this is Skinnygirl — (there are) so many different things. Beam is a liquor company; the only reason it would want the rest of Skinnygirl is to control the way that I use it. So I have to have a trusting relationship with these people, and I have to let them know that I won't ruin the brand by doing irresponsible things.
A: When Skinnygirl first started out, I had these individual packets of green juice cleanses. We got into a big-box retailer, but we had only one SKU (stock keeping unit). My partner was very excited, but I didn't think we should go in there if we have (only) one product; it's just going to sit there lonely on some shelf and no one's going to see it. That's what happened, and we ended up discontinuing it. I've been drinking green juices for years, and now all of a sudden, every deli has green juices.
A: A lot of people on reality TV are promoting something that isn't even in stores yet. People don't care unless they can go buy it, so if you're going on “Shark Tank,” make sure your product is available. When I was on “The Apprentice,” I had a cookie business, but my manufacturing wasn't up to par and I didn't really have distribution. I talked about my business on the show, and what did I sell, a couple of cookies online? TV can be fool's gold: It's a great leg up, but you need to be completely ready. Timing is important. Execution is important. It's kind of like Hillary Clinton being the representative for women. If she makes it into the White House, she needs to do a great job or we won't be invited back for a long time.