Stories
Stories
Marla Beck, MBA/MPA 1998
CEO and Cofounder Bluemercury, Inc.
Marla Beck believed that the experience of shopping for cosmetics needed to be more customer focused, so in 1999 she launched Bluemercury, a retailer of high-end beauty products. Perhaps the most obvious evidence that Beck’s thoughtful strategy and hard work have disrupted the beauty market lies in the fact that a department store that previously was her competition—Macy’s—is now her partner.
Beck has a remarkable ability to set high goals and
achieve them. Frustrated that drugstores didn’t carry
prestige beauty products and that department stores
organized cosmetics by brand, making comparisons difficult, she was determined to offer consumers a better option. “I wanted to build an empire in the beauty industry,”
says Beck, who oversees Bluemercury’s 195 stores along
with her cofounder and husband, Barry.
Initially Beck intended to build an e-commerce platform,
but she changed course and invested in bricks and mortar when she saw a need for customer-friendly neighborhood stores. The pivot offered a personalized shopping
experience that relied on a cadre of beauty experts. Key
to Bluemercury’s success was Beck’s decision to buck
the industry standard and invest in employees. “Our business model gives employees a career path,” she says,
noting that half of the company’s top managers started as
sales associates.
As she expanded Bluemercury beyond its first stores in
the Washington, DC, area, Beck also built its e-commerce
presence, coining the term “clicks and bricks.” She
retained the firm’s neighborhood-store DNA as well as
its mission—to be the best at giving beauty advice. After
opening 16 stores, in 2006 she was looking for capital
to expand nationally. “Marla had tremendous credibility
and passion,” says Ray Debbane, CEO of Invus, the company whose investment enabled the launch of stores 17
through 60. While scaling up, Beck remained connected to customers. “The data only tell part of the story,”
says Beck, who frequently weighs what she sees in a
spreadsheet against her own instincts, a method that has
proven effective across all aspects of the business. It was
instinct, in fact, that prompted Beck to develop two
natural, vegan brands, M-61 and Lune+Aster, and both
are now best sellers.
By 2015, with several firms interested in acquiring Bluemercury, Beck wanted to reach an even broader customer base and needed the administrative and technical
power of an established firm. In brokering the deal with
Macy’s, the Becks were determined to remain part of the
company. Marla serves as CEO and Barry as COO, and
Bluemercury operates as a stand-alone division of Macy’s, Inc. The company has 1,500 employees, 93 percent
of whom are women, and they operate hundreds of stores
and counters in Macy’s.
The daughter of an entrepreneur and a teacher, Marla
Beck grew up in Oakland, California. She was a voracious
reader who tagged along with her father on real estate
deals, helped balance his books, and worked in a clothing boutique during high school. After studying political
economy at UC Berkeley and working for McKinsey, she
came to Harvard to earn her MBA and MPA. At HBS,
where she helped launch a Women Entrepreneurs seminar, she was intrigued by a presentation about selling
books online. “Jeff Bezos was then an obscure entrepreneur, but he gave me my first exposure to thinking about
different ways to sell things,” recalls Beck.
Beck’s success has put her on the cover of Inc. magazine
twice, led to numerous awards, brought her back to HBS
as a case protagonist and Entrepreneur-in-Residence,
and enabled her to serve as a role model for those who
are pursuing their dreams. The parents of three children,
each a budding entrepreneur, she and Barry have very
naturally merged their home and work lives. Every night
after dinner with their kids, the couple takes a long walk to
catch up and share ideas. “I don’t think there needs to be
a line between ‘work’ and ‘life,’” says Marla Beck. “There
is power in accepting that the two are intertwined.”
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TIMELINE
1970 Born, Oakland, California
1993 Earns BA, Political Economy, UC Berkeley
1993 Joins McKinsey, Business Analyst
1998 Earns MBA/MPA
1998 Joins Consolidation Capital Corp., VP Strategy
1999 Founds Bluemercury, opens Georgetown store
2006 Invus Group invests in Bluemercury
2012 M-61 skincare launched
2014 Appointed Entrepreneur-in-Residence, HBS
2015 Lune+Aster cosmetics launched
2015 Macy’s acquires Bluemercury
2019 Bluemercury opens its 195th store
Photo by Susan Young
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