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Is the “Age of Ozempic” reshaping The Vitamin Shoppe? In May 2024, The Vitamin Shoppe introduced a telehealth service called Whole Health Rx by The Vitamin Shoppe that safely and seamlessly connects patients with licensed healthcare providers in real time…streamlining access to GLP-1 agonist medications, both branded and compounded versions (that is until the FDA recently updated its drug supply shortage list, making compounding a FD&C Act volitation). Moreover, these telehealth services are offered alongside The Vitamin Shoppe's industry-leading education resources, as well as nutritionist-recommended supplements to help optimize the weight loss journey for healthy results. So, with Whole Health Rx by The Vitamin Shoppe targeting personalized care verticals, instead of a wide range of treatment and care needs like GNC Health…the better comparable company analysis would be Hims & Hers. And interestingly enough, within a piece of content from November 2021…my words arguably created the foundation for this entire Whole Health Rx by The Vitamin Shoppe strategy! But a behavioral change that arguably started gaining importance about a decade prior…when more individuals began viewing themselves as consumers in the healthcare market compared to solely being patients. Because of that, consumer healthcare has begun evolving from a reactive, one-size-fits-all approach to a distinctively proactive, personalized, and integrative approach. But as you’d imagine that marketplace evolution has created immense opportunities. Though, this why specialty supplement retailers must have a foundational mindset that place customers at the center of a flexible, almost choose your own adventure style of shopping…acknowledging wellness-minded consumers are also more “solution aware” due to the sheer access to information substitutions. And this was partly why my “vision for the future” included specialty supplement retailers and pharmacy (drug channel) retailers converging into wellness retailers. Specialty shouldn’t mean singular solution, thus a retailer like The Vitamin Shoppe must continue evolving its total solutions to become a bigger part of the wellness journey. Alternatively, “trying to be everything to everyone” can be problematic, which is why I mentioned earlier about The Vitamin Shoppe essentially taking the “depth” over “breadth” page out of the Hims & Hers strategic playbook. By increasing optionality of solutions for only its most compelling valuable consumer cohorts, The Vitamin Shoppe can more effectively deliver an experience that removes barriers and provides access to better health that is approachable, personalized, and convenient. And while I believe physicians are quickly becoming more educated around how patients can manage the early phase of the process, what side effects to anticipate, and how to mitigate or manage those side effects…there’s also a significant education and nutrition support role for specialty retailers, as consumers look for help navigating this new, confusing “Age of Ozempic” world. But with the launch of its new private label brand, GLP-1 Support from Whole Health Rx by The Vitamin Shoppe…the specialty retailer recognized it was well-positioned to fill a critical gap in the market for tailored nutritional support. But then for the final portion of my latest first principles thinking content, I wanted to give my outlook for Whole Health Rx by The Vitamin Shoppe. #vitamin #glp1 #supplements I appreciate each and every one of you that took even a moment of your time to watch this video. I know your time and attention are your biggest assets and I hope you got adequate value in return from this content. Thank you from the bottom of my heart! ✅ CHECK OUT THE PODCAST ON THE FOLLOWING PLATFORMS: 🍎Apple: https://apple.co/3aPKOOJ 👽Spotify: https://spoti.fi/38N9nur 🔍 Google: https://bit.ly/2vgVTcy ⚓Anchor: https://anchor.fm/joshua-schall FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS ►LINKEDIN https://www.linkedin.com/in/joshuaschallmba ►TWITTER https://www.twitter.com/joshua_schall ►INSTAGRAM https://www.instagram.com/joshua_schall ►FACEBOOK https://www.facebook.com/jschallconsulting ►MEDIUM https://medium.com/@joshua-schall About Joshua Schall of J. Schall Consulting: Joshua is consumer packaged goods (CPG) Strategist and Entrepreneur that focuses on the product categories of value-added (or functional) food, beverage, beauty, and nutritional supplements. He was an early advocate for digital grocery optimization and is an expert at the entrepreneurial ideation to consumerization cycle. Recently, he has shifted that decade of knowledge into early-stage investments, board membership, and public speaking engagements. His YouTube channel is a walk through his daily life and a peek into his business musings. Enjoy a look into his life through the lens! ►EMAIL [email protected]

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Biolyfe, a rising star in the world of keto supplements, recently made a splash on the hit TV show Shark Tank. Their appearance on the show marked a turning point for the company and brought widespread attention to their innovative products. With the ketogenic diet gaining popularity in recent years, Biolyfe’s Shark Tank appearance was a major milestone for the brand and the industry as a whole.

The Pitch

During their appearance on Shark Tank, Biolyfe founders showcased their range of keto supplements designed to support and enhance the ketogenic lifestyle. The founders presented their products with passion and conviction, highlighting the unique benefits and high-quality ingredients that set Biolyfe apart from competitors. The sharks were impressed by the company’s growth and vision, sparking a fierce bidding war for a stake in Biolyfe.

As the sharks delved deeper into Biolyfe’s business model and sales figures, it became clear that the company had struck a chord with consumers seeking clean and effective keto supplements. The founders shared success stories from satisfied customers who had experienced life-changing results with Biolyfe’s products, further solidifying the brand’s reputation as a leader in the keto supplement industry.

Deal Negotiations

Despite the intense interest from all five sharks, the Biolyfe founders carefully considered their options and ultimately struck a deal with one of the investors. The negotiations were tense at times, with each shark offering valuable insights and expertise to help take Biolyfe to the next level. In the end, the founders made a strategic decision that they believed would best position the company for long-term success.

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The deal signaled a major milestone for Biolyfe, propelling the brand into the spotlight and opening up new opportunities for growth and expansion. With the support of their new investor, Biolyfe was poised to make even greater strides in the competitive world of keto supplements, solidifying their position as a game-changer in the industry.

Post-Shark Tank Success

Following their appearance on Shark Tank, Biolyfe experienced a surge in demand for their products as viewers flocked to try the supplements endorsed by the sharks. The increased visibility and credibility gained from the show boosted Biolyfe’s sales and brand recognition, solidifying their position as a trusted name in the keto supplement market.

Biolyfe’s Shark Tank appearance was not just a pivotal moment for the company, but also a turning point for the entire industry. The exposure and validation from the sharks helped legitimize the benefits of keto supplements and elevate Biolyfe to a new level of success. With their innovative products and commitment to quality, Biolyfe is set to continue making waves in the world of health and wellness.

Industry Impact

Biolyfe’s successful appearance on Shark Tank has had a ripple effect on the keto supplement industry, inspiring other brands to step up their game and innovate in response to changing consumer demands. The heightened competition and increased interest in keto products have led to a wave of new options for consumers seeking to enhance their ketogenic lifestyle.

As the market continues to evolve, Biolyfe remains at the forefront of the industry, setting the standard for quality and effectiveness in keto supplements. Their commitment to science-based formulas and superior ingredients has earned them a loyal following of customers who trust Biolyfe to support their health and wellness goals. With their Shark Tank success as a springboard, Biolyfe is poised to lead the way in the continued growth and development of the keto supplement market.

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Semaglutide - Weight Loss and Obesity Drug could reduce the risk of Heart Attack Subscribe to @Matrixville Obesity medication that can be taken out on prescription and contribues to weight loss could reduce the risk of heart attacks. It is also known as Ozempic, Wegovy and Rybelsus.

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