Maria Boustead, Po Campo
In this episode of Channel Mastery, I sit down with Maria Boustead. Maria started Po Campo, an international distributor of functional, stylish, and practical cycling bags for riders of all ages after realizing there was a major need for a bag that cyclists would find functional and enjoy using throughout their normal workday. Maria and I dive into the foundation of Po Campo, how the pandemic completely shifted their marketing efforts, product focus, equity crowdfunding, and much more. Over the past 11 or so months throughout the pandemic, we’ve seen huge booms and a wave of newcomers in the cycling industry. Maria admits that their success at Po Campo, may have been a bit of - right product at the right time - but she is incredibly proud of being able to support and serve both the new cyclists of 2020 and the veteran cyclings with good gear from Po Campo. Through the biking boom, she and her team were especially focused on finding the right channel mix to reach their target consumers, who were surprisingly different in 2020 compared to years prior. While their company website may have been the initial workhorse, investing heavily in their digital presence and a new website, proved to be a focal point and necessity for the brand in order to reach and engage with their new consumer What I was most excited to talk to Maria about is a channel we haven’t explored much here on Channel Mastery and that’s Equity Crowdfunding. Rather than crowdfunding with a model like Kickstarter, Po Campo opted for a Equity Crowdfunding, which provides donors with a financial stake in the business. After building the brand alongside their customers, Po Campo felt providing this piece of the Po Campo pie and financial stake was the absolute right move for their business. If you’re interested in scaling a small business, while keeping the end consumer at top of mind and focusing on how to reach and engage them, tune in to this week’s episode of Channel Mastery. TAKEAWAYS FROM THE EPISODE Maria shares the channel shifts and growth they discovered at Po Campo with the massive influx of newcomers to the cycling industry. Through a new website focused on serving their target consumer and investing in their digital presence, Po Campo grew their online sales by 250% yoy. Po Campo brought in a team of industry professionals, including past Giro and Marmot teammates to grow the business in marketing, product development and financial management to help with planning for the future. Through equity crowdfunding rather than a more traditional crowdsourcing platform like Kickstarter, Po Campo offers a piece of the company to continue to connect with their consumers and brand followers. Maria is the founder and CEO of Po Campo, an internationally-distributed line of functional, stylish, and sustainable bags designed specifically to make biking a better and more seamless part of your life. Since May 2013, Po Campo has partnered with World Bicycle Relief, donating a portion of sales to funding the purchase of bicycles for girls in developing countries so that they can get to school. An in-demand speaker, Maria has presented about her entrepreneurial journey in the bike and outdoor world at the League’s National Bike Summit, the Industrial Designer Society of America (IDSA) National Conference, and the Outdoor Retailer Trade Show, among others.