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Hey, Julian & Cesc here and welcome to
another exciting episode of Padel
Smash Academy and today we have the
pleasure to have Pedro Brito aa,
the Visionary and founder of Vault
Padel Rackets, unleash the tension.
We are all things Padel .
I
welcome Pedro.
Welcome to our show.
Very nice to be here to meet
you in person this time.
That's right.
All the way from Portugal, huh?
Exactly.
So you're here to see the
Premier Padel , right?
Yeah.
I'm
here
to visit a little bit,
uh, the market to understand a little
bit how it's going, the developments,
and of course to see the premier and
also racket X to trying to feel a
little bit, what is the market breeding.
I, I love the record.
Uh, especially we love the record.
I love the record too.
The 809 50 are my favorite in that line.
Uh, I mean, it's amazing.
Amazing.
What
record do you play with?
Well, historically I've
always played with the 700.
Okay.
That, for me, it's actually one
of the most balanced rackets,
uh, uh, I've ever played with.
Uh, but I change a lot because I'm always
trying the new rackets and when you get
new versions, so trying to understand.
So I like them all.
Uh, to be honest, I think what we try to
build our portfolio, we try to make it.
Uh, as complete and as
diversified as possible.
So we have a little bit of
control rackets, balance
rackets, and power rackets.
So I guess it depends a little
bit on my shape and my mood,
right on your day, right?
And I pick a different racket.
So, so Pedro,
tell us a little bit about, uh,
how did you start the brand?
Uh, I know you guys are
from Porto, Portugal.
Uh, tell us the whole
story.
I mean.
How, yeah, so basically I was, I
was playing Padel for a couple
of years, uh, and I was working
in a completely different area.
But in management, uh, mostly
international sales and marketing.
And I always had like this dream of having
my own project and especially connected
to sports because, um, sports fanatic,
uh, did tons difference of sports.
And, uh, the idea basically was to
create something that was really
different in terms of design.
Uh, this was like almost 10 years ago now.
The brand has more than eight.
Uh, and at that time of design
applied to the rackets was completely
different than what it is today.
So we wanted to make something very clean,
very premium, very, uh, uh, pay a lot of
attention to the details on the rackets.
Uh, and of course it had to be high
quality because we wanted to put it on
a high positioning, so premium product.
So that's how it born.
And uh, I think that's one of the things
that we always try along the time was.
Keep, uh, our concepts, uh, very
loyal in the sense that we believe
that this is the path and we believe
that people see us like this, so we
don't follow other trends just because
other brands do different things.
So we try to keep always this concept
in terms of a brand because we believe
that is what differentiates us from,
from, from, from the rest of the brands.
It's MAs mainly the design.
I think it's characteristic
from our rackets.
Hmm.
Okay.
Can you talk a little
bit about the collection?
How many rackets do you have then?
So we have, we have, we have six,
uh, we started with three rackets
and things evolved until what we have
today, which I think it's a perfect, uh,
assortment because we have six rackets.
Then we have two power, two power rackets,
which are the nine 50 and the 1000.
But they are completely
different from each other.
So the nine 50 is much more
approachable, much more easy to play.
Uh, and the 1000, it's, it's
more difficult to play, but
it's extremely powerful.
So people who like the 1000.
Usually love it and cannot
play with another racket.
But you have different approaches
for the two power rackets and the
same for the balanced rackets,
which are the 700 and the 900.
The 700 is a bit more defensive,
more gives you more control,
but still with a good power.
And the 900, a little bit more of power.
Uh, and then also two control rackets,
which are the 500 and the 800.
Also different between each other.
So we have six different
rackets from the three types.
Of rackets that you can have in Padel
and all different with each other.
So I think it's small, but, uh, very
diversified, uh, um, uh, assortment
Now, how often do you, uh, come up
with new rackets and what type of
r and d and what changes and how
do you make those changes every
time you come up with a new racket?
Okay, so we, we, we come up with, we,
we've came, we came up with new rackets
along the way, uh, with the objective of
getting to an assortment as we have today.
So it doesn't mean that we won't
have more rackets in the future.
Of course it might happen, but
right now we're happy with what
we have because it's balanced.
The, the assortment.
Uh, along the way we, we,
we developed some rackets.
Uh, together with some
players that we've sponsored.
Uh, actually it was, uh, many of the
rackets that we have today were, were
rackets that were developed for players.
For example, the 800 was developed for
a specific Portuguese player, which we
sponsored was the best Portuguese player
when we started and the second year.
And then, of course, uh uh, we.
He's not sponsored with us anymore,
but we kept the racket and, uh, because
it was really good in terms of shape.
And, uh, the 900 was actually the
first racket with which, uh, was,
which was developed for Ana Catina.
Uh, and then the 1000 was developed
for, for, uh, Augustin Gomo Slingo.
So.
It's good that we have these inputs
from the players when we develop
a racket because we understand
what they want, what they search
for as, uh, very advanced players.
And it helps us, uh, to have this process
a little bit more, uh, with a little
bit more of inputs from the players.
On the other hand, what we do is,
uh, we have two different parts
of the, of the r and d. Uh, we
have, uh, an engineering product,
engineering company that works with us.
Uh.
That's more for the basic development
of new molds, or if we want to change
something in a molds like we will
this year on three rackets, and
then we start on one with, with 3D
designs and trying to understand how
can this affect the balance of the
racket, the performance of the racket.
Then we go to 3D printing and then
eventually we go to the first samples
and try them and make adjustments.
Uh, how many samples do you usually
go through before you get it?
Right.
It depends a lot, but I, I said
it minimum three, four samples.
Wow.
Because what we do is usually when
we get, uh, let's imagine for this,
for this particular year, we are
launching now, next month we will be
launching a new, uh, racket for the
500, for the 700 and for the 1000.
So we've started this job, um.
I would say almost a year ago with
a, with a new development of the
molds, uh, we, we had different
proposals in terms of 3D designs.
Uh, and we've adjusted a little
bit from the aesthetic part and
also from the performance part.
And we come up with a,
with a final result.
And then we had a 3D uh, printing
just to fill the rackets, uh, alive.
And then we started doing samples.
When we go to the samples,
we immediately usually do.
Two or three different
samples for each racket.
So we change the materials, we change
the foam, we play with different, uh,
carbons, uh, with different weights, uh,
and trying to understand what adjusts be
better to each racket and to the objective
of each racket, because in the end.
Uh, of course we sponsor some players
that play with our rackets, but we
want to make, make rackets approachable
for, uh, normal people that play every
day and that are not professional.
That's, that's the point, of
course, but our rackets, I
think they're well balanced.
That's why our players play with the
same rackets that everybody else does.
Uh, we just ship them the
rackets that we have in, in our
warehouse, so it's the same racket.
So I think it's a good
balance that we find there.
What year did the brand start?
When, when did you.
So the brand started in 2016.
We were, the development started
in 2015, so 10 years now.
Uh, we started looking for the
first, uh, um, the first suppliers in
terms of production, try testing the
first samples, and then only after
that we were secure and we were.
Uh, convinced that we had a good
product in terms of playability.
We started working on the branding, on
the naming of the brand and on the design.
Uh, so everything came
up from 15 until late 16.
Then when, when the project official
started, the company was opened in
December to 2016, and then we started
selling, uh, second quarter of 17.
So I, I love the design.
I mean the, the very, uh.
Unique and, and simple design.
I mean, it, it's very clean.
Uh, let's talk about why, why Vault?
How did you come up with that name?
Okay.
So we, we, we asked, uh, uh, our
design agency part partner to, to,
to develop the whole brand project.
Uh.
And we knew at the time
what we were looking for.
Now, of course, we don't, we didn't
have the name, but we knew what
we wanted in terms of objectives.
So our briefing was very clear.
We wanted to have a, a word that
was small, uh, that could be easily
understood in, uh, many languages.
Yeah.
Uh, and we wanted to have something
from that words or that logo
that we could use on its own.
Uh, and, uh, we gave as a
reference, for example, apple.
Because nowadays you don't need to write
Apple to know if it's that it's Apple.
Of course you have the Apple and other
brands like the Swash from, from Nike.
So we wanted to have something strong
because we knew that if we wanted to have
a very clean and premium brand, we we
needed to have a small logo and simple
to be, uh, to have this clean design.
Um, and then we, we wanted to have some,
some concept behind the brand, some story
to tell, because I. I, I truly believe
I've worked with other brands in other
area, in wine industry, and I think that
Mo most of the brands who are really,
uh, different are the ones who have, uh,
the, an, an interesting story to tell.
So we wanted that story and, uh, we
had a couple of proposals, but, uh.
Volt was immediate
immediately my first choice.
You knew.
You knew that was the one because the
story behind it is the energy, the
voltage, uh, and in our first models
now, we don't use it anymore, but in
the first models, the numbers, they
had volts, like the voltage, like
it was the 500 volts, the racket.
Oh, yeah.
Yeah.
So that's really cool.
Yeah.
So that's, that's,
that's the, that's cool.
That's the meaning be behind the brand.
It's.
It's the energy, the vault.
That's why I unleash the tension.
It's our key line.
Uh, so it's, it's that story that we
were searching for and everything,
uh, fit very well when, when,
when we saw that, that option.
Wow, that's a great story.
And when did you come into the US market?
So we came in the us into the US
market, uh, two years ago, I would say.
Okay.
Uh, and it's, it's, it's
a market that's, it's.
It's tough because we know there's a huge
potential, uh, but it's still missing a
little bit that, uh, dimension, I think.
So how, how do you, how do you,
um, compete with like the Wilsons
and the Adidas and the Babylon?
You know, they, they've,
they're already kind of.
Uh, have, uh, like a footing
here in the USA 'cause that's
what the, the US people know.
So how, how are you, how are you gonna
ex expose this to the American people?
'cause it's a great racking and I think a
lot of people don't, don't really know it.
Yeah.
I, I think that, um, to fight or to
compete with, with big brands in,
in, in any area, in any industry.
You need to find your own territory.
That's what we've tried
to do all the time.
And that's why I, I, I told you guys
that we try to be very loyal to the
original concept that we have because
I think that we are, we are already
present in over 60 countries and in many
countries, people see us exactly how we
dream to be saw by, by, by everybody.
Uh, with this.
A design concept, very
clean, very premium.
So we need to be loyal to that and we need
to find our territory in each country.
Uh, I think it's more a niche.
It's not something as massive as, of
course, the other brands, uh, uh, are
looking for, and it's fine for us.
It, when we started the brand,
we didn't want to compete in the
same dimension with those brands.
We wanted to be a niche brand.
We wanted to explore this
part of, of the market.
And I think that Padel is.
So strong socially that this, this
small part is not such a niche because
people care about what they bring into
the court, not only because it's a
right nice racket to play with because,
but, but also because they, they feel,
uh, connected with the brand, with the
design of the brand and everything else.
It's, it's not, it's not
that relevant in tennis, for
example, if you think about it.
Uh, I think Padel rackets
because they have a bigger area to
communicate in terms of branding.
And also because Padel is more,
much more social than tennis
is in most of the countries.
So we try to work a lot on that.
Uh uh, and of course it takes time.
Uh, so people.
Understand this concept, and we need to
find the right partners in a market, the
right visibility, the right partnerships
with ambassadors and players to position
it, the brand exactly how we want
it, and how we want people to see us.
So we, we try to find this
territory, this niche, uh, and uh,
once we do things, go very well.
Usually
what, what's gonna be the,
the territory here in America.
Sorry, the ter when you talk about
territory, what here in America,
how do you see that specifically?
Yeah, the specifics.
Yeah.
So, um, that's our territory.
It's trying to, uh.
Look for a target of people that,
I mean territory, not territory,
geographically, of course.
Oh, okay.
The market.
The market.
The brand.
Erritory the market.
Yeah, market.
The brand territory.
It's that niche of people that are
very connected with designs, things
which, which look for a little bit
more exclusive things than watched
most of the people where most, most
of the people have on the court.
So that's the territory
we want to explore.
So what is your strategy to make
them aware of that, of your brand,
those that market.
As I told you, I think we need to
find the right partnerships here, uh,
because of course we, we, the brand
is positioned where the brand is seen.
So in the hands of certain ambassadors
and certain partnerships in the stores
where we are, the clubs where we are.
So that's how we, we need to find
the right partnerships in terms
of, uh, visibility and positioning.
Uh, that will allow us to,
uh, be seen as we want.
By, by, by, by the customers.
I gotta tell you, not only do I
love your rackets, I think you guys
have the best cover for the rackets.
Yeah.
I kid you not.
Yeah.
Number one, the material's.
Great.
Number two, you guys have a hook on it
where you can hook it onto your thing.
Yeah.
Three, you have the
pockets, they're perfect.
So you put your wallet and
you have the other one.
You can put your phone.
I mean,
yeah.
That, that design is, you don't
get that from any of the rackets.
Those details are, besides the
racket, it makes the difference.
I mean, it's like the number one outside
bag, you know, that comes with the racket.
Yeah, it's true.
Uh, did you design that
or did you think of that?
Because most people.
So you rack it and the, and the, the bag,
the, the cover is really cheap or, yeah.
Something.
You don't even get a company.
It's like a little plastic
thing or something.
Yeah.
Yeah.
We did design that as, as we do
design all our, our bags, uh,
we work with the same company.
I told you, in terms of product
engineering, and actually we do.
We do interesting things that sometimes
we, we started with a, with a, a
questionnaire, uh, to, uh, Padel
players, uh, mostly in Portugal and Spain.
Uh, trying to understand what they look
for in a bag, in a Padel bag or in
a backpack or in a, uh, uh, a cover.
Uh, and then we design from there.
Uh, so, uh, our, our
Padel bags, for example.
Usually people say that they're.
It's also, uh, one of the best in
the, in the, in the market because
they're reliable in terms of
durability, but also because of how the
functionality of the bag was designed.
I think it's very practical.
You mean the full bag?
The, yeah, the big bag for the bag.
You gotta send us some
samples to do, to do a review on,
you know, the one that
you were using today.
I think it's going back to what Seth
was saying, it's all about the details.
Yeah.
I mean, the zippers, the, the.
It's paying attention to the
little things that make the big,
the placement of the pockets.
Yeah.
You know what I'm saying?
How opens, you know, I mean,
uh, we don't have any full bags,
but we have the covers and just.
To design the, the, the
thinking, the process of how you
designed it is, is, is great.
Not, not many companies do that.
Yeah.
I think we, we, we try, we try to, to
think, think, think things from scratch
and with logic, with functionality.
And, uh, I think it, it makes the whole
difference in the end because, uh.
Trying to position, it's another
thing, of course, we, we have to
do the work in, in the markets, but
we also have to do the same work,
uh, in the brand, uh, headquarters,
developing things to be a premium brand.
So with those details that usually
people don't fight in other brands,
uh, uh, that's what we try to do.
So something that our viewers
and listeners, they, they wanna
learn because sometimes is very
confusing with the brands, with the
names, the numbers and all that.
So.
Let's go through the numbers.
The what, what do you have?
The 500, 700.
800,
800. So what, what, what,
what are the numbers
for control, control and power?
I think I, I think you went
over it a little bit, but can
you go over it again?
Yeah, sure.
So the numbers, the numbers, uh, we,
we, we picked the numbers because,
uh, initially we wanted to have
something very simple that people could
easily understand and easily name.
And then it's the voltage instead of,
instead of, uh, and it's the voltage,
you know, instead, instead of uh, com.
The different names or
difficult names to memorize.
So we wanted something very simple.
Yeah, like BMW cars.
Yeah.
For example.
Uh, and we started with the voltage.
It was with the voltage.
And, uh, we started only with two
rackets actually was 500 and the 700.
So the 500 was the less powerful.
The 700 was the more powerful.
And then we kept developing the, the,
the range a little bit with this, with
this, with this, uh, with this rationale.
So from the less powerful
to the more powerful.
But, but
not with the seven 800, right?
No.
Yeah, the 800 has a little more control
and the 700 a little more power.
Right?
Yeah.
So you went
reverse there.
Yeah.
Because as I told you, we, we launched
the 800 for a specific player, right.
And at that time we had that doubt.
Uh, it was a more a
marketing issue I would say.
Uh.
We want it to be the more premium racket.
Uh, so it would be the more expensive one.
And we were afraid that if we put it as
a 600, it could be perceived as that.
So we put it as a at 800,
so on top of the 700.
But it's something that.
We want to align for the future because
the the couldn't you go, it's much more
easy to understand if you go from the
less powerful to the more powerful.
Couldn't you go eight
50? So you, you went to nine 50.
You know what I'm saying?
So when you go from the less to the
more powerful, meaning the head shape
changes, you go more into the one
thousands more like diamond shape.
Yeah.
And then the, the 500 is
more like round shape.
Yeah,
exactly.
So that will be, I would say a 500
will be more ideal for a beginner.
Or intermediate or, or
how would you say that?
It's more control, right?
Yeah.
Usually.
Usually we don't, we don't like to,
uh, put things in that category as,
uh, intermediate or beginner because
we try to make rackets, which are easy
to play for all, uh, levels of players.
With the only exception of the
1000, uh, it's, it's clear.
So all the other rackets
are easy to play with.
Of course, that it's more.
Easy to play with a round racket in
the beginning because you'll have
a, a wider sweet spot, so, mm-hmm.
You can hit the racket, either
the ball, uh, uh, in different
places of the racket and the ball
will come out, uh, uh, better.
So I would say that if I would,
I would need to recommend
the racket to a beginner.
I would recommend, uh,
uh, a round shaped racket.
But then you have a lot of
professional players that play
with round shaped rackets.
Yeah.
So it's not a beginner's racket.
Yeah.
Uh, but it would be easy in
the beginning then advancing.
I think that both 700 and 500 and uh,
900 are good rackets, uh, to, to advance.
Uh, and getting a little bit
more of power, but also with a
good balance in terms of of, of,
uh, I love the nine of control.
I love the 900.
And then the nine 50 is also, uh, uh,
one of the most approachable power
rackets that you can find in the market
because it has a very big wi sweet spot,
but it helps you a lot in terms of, in
terms of uh, uh, accelerating the game.
Today actually, we, we,
I played with the 800.
It was absolutely fantastic too.
It's, you feel the control.
Yeah.
Good control.
Not so much power, but.
Great feel.
I mean, we always talk about this.
I mean, you guys make
good quality products.
Yeah.
You feel the, the, the love.
It.
It is not, uh, you feel
the love in each product.
Yeah.
You know what I mean?
It, it has that, that feel, you know,
it, it, I don't know what it is.
I don't know what, how to say it
or, but it has, it has that feel.
The quality.
The quality.
Quality for sure.
From, from the strap too.
I mean, the strap, you know,
you pay attention to every
single, all the details.
Details, you know.
Uh, so, you know, happy with
what you guys are doing.
Uh, American market is coming.
It's coming strong.
Yeah.
Yeah.
Uh, we're, we're here to help.
So you, you're
going to record X, right?
Yeah.
Okay.
So did you go last year?
No.
Okay.
So what are the expectations at record X?
You know, networking.
Uh,
yeah.
I, I think it, I think it's always a
good, a good moment to understand, uh.
Uh, where is the market at?
Uh, trying to understand who's
exhibiting, uh, making some
networking, but also understanding.
Even more important for me is
understanding the interest of the people
that are visiting because that's how
you can feel distraction of the market.
Uh, usually when we are in these events,
uh, as an exhibitor, uh, in the end
it's what counts, it's how many people
visited regardless of its B2B or B2C.
But, uh, you can feel if there's a lot
of people interested in a sport or not.
That's a little bit what we want to
try to understand and evaluate if next
year we could, it could be interesting
for us to exhibit here ourselves.
That's true.
Well, last year was the first year
it was good, but I think this year
is gonna be way better just because
of the premiers right next door.
It's just really smart that they did that.
So, uh, I expect a really, really good,
um, a van, you know, with Recollec.
Alright, Pedro, uh, is there
anything else you wanna talk about?
Um.
You know, uh, before we, no, I'm fine.
Out.
All better.
Thank you so much for coming.
Thank you so much.
Congratulations.
Great product.
Thank you guys.
Very nice to meet you, and
very nice to be here with you.