Why Ritual is launching its first new category in 6 years, with CEO Kat Schneider

Ritual founder and CEO Kat Schneider knows that winning the female supplement consumer requires taking big bets and big swings. 

“When I started the company and I was fundraising. … I was told pregnancy was ‘niche’, postpartum was ‘niche’, perimenopause was ‘niche,’” Schneider told Glossy. “This was a decade plus ago. Now, women's health has never been hotter.”

Ritual launched direct-to-consumer in 2016 with a transparent supply chain and science-backed formulations. Now, it has the best-selling prenatal supplement on the U.S. market, according to the brand, and is sold across Target, Walmart, Costco, Amazon, Whole Food and more retailers. 

Still, when the company entered the perimenopause space last month, it still felt like the Wild West. “There's almost no market sizing [into subcategories of women’s health],” Schneider said. “You have to have a lot of conviction when you're going into something earlier, ahead of the time that people see it.” Perimenopause, the hormonal precursor to menopause that can last a decade, has received new attention in the past few years as women’s health takes a front seat in popular culture.

In today’s episode of the Glossy Beauty Podcast, host Lexy Lebsack sits down with Schneider to walk through exactly what it took to launch into the burgeoning space, which is also the brand's first new category launch in six years. Its big swing includes a dedicated foundation supplement called Perimenopause Health, plus a foray into creatine, an essential nutrient for perimenopausal women, with the launch of its new Creatine Greens powder drink mix. Then there is the multi-million-dollar marketing budget that includes hiring “Nobody Wants This” actress Jackie Thon for a campaign and TV spot created with full-service media agency Giant Spoon.