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October 16, 2014

Venus Concept Launches First Medical Grade Skin Care Line

Introducing Venus Skin™ , the first subscription-based medical grade skincare line that requires no inventory to purchase.

Our business model is unique and made exclusive to physicians, with significant opportunity to increase practice revenue and no upfront financial commitment.

How it Works

Patients make product selections online using an exclusive physician ID code. Each month, the patient will automatically receive a new supply that can be scheduled every 30, 45 and 60 days. Physicians are then sent a monthly commission check based on their sales activity. Physician partners will also benefit from patients who refer friends and family to the program using their exclusive code, thus resulting in increased revenues and a larger patient pool to cross sell other services.

“We have already established a very popular business model with regard to how we offer physicians access to the latest non-surgical technology for body contouring, cellulite reduction and skin tightening via our low risk subscription,” said Domenic Serafino, CEO and Co-Founder of Venus Concept.

“When evaluating potential growth opportunities, we quickly discovered that the medical grade skincare business was another area that was in need of a major overhaul. Traditional skincare companies have spent years discovering ways to sidestep their physician partners by allowing patients to buy their products from third party online outlets at up to 60% discounts. This practice ultimately cuts the physicians out of the profit and many times leaves them with a lot of unsold, expensive inventory with limited expiration dates. With Venus Skin™, we hope to establish a renewed level of trust with our physician partners as our products will never be sold through third party outlets.”

Patient Benefits

Most importantly, Venus Skin™ offers significant benefits to patients. Its unique mix reduces application time to less than 3 minutes per day, yielding visible results in 28 days or less. Our kits include the perfect blend of botanicals featuring Sea Fennel, a clinically proven antioxidant that fights free radicals and protects skin from UV damage.

Future Growth

Initially, Venus Skin™ will offer three kits for patients to choose from: Anti-AgingAcne  and Pigmentation. Over time, the line will expand to include body shaping, cellulite reduction and skin firming formulations to compliment the Venus Freeze™ and Venus Legacy™ technologies. Additionally, the line will feature stem cell based post recovery products for energy based skin rejuvenation treatments.

Unlike with other skincare companies, there is no inventory to purchase or stock with the Venus Skin™ program. Patients make product selections online using an exclusive physician ID code and the order is shipped directly to their homes. Each month, the patient will automatically receive a new 30 day supply of their desired product and all orders are tracked using the physician’s ID code. Physicians are then sent a monthly commission check based on their sales activity. Physician partners will also be able to benefit from patients who refer friends and family to the program using their exclusive ID code, thus resulting in increased revenues and a larger patient pool to cross sell other services.

Venus Skin™ also offers significant benefits to patients. Its unique cocktail formulation reduces application time to less than 3 minutes per day and patients can see results in 28 days or less. Initially, Venus Skin™ will offer three kits for patients to choose from: Anti-Aging, Acne Reduction and Pigmentation Reduction. Over time, the line will expand to include body shaping, cellulite reduction and skin firming formulations to compliment the Venus Freeze™ and Venus Legacy™ technologies. Additionally, the line will feature stem cell based post recovery products for energy based skin rejuvenation treatments.

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