
A Beauty Tip Not to Miss!
Beauty Tech Boom:
· The global cosmetics industry is expected to be $873B in just three short years.
· Beauty YouTube his 168B views in 2018 – double from 2017.
· Investors pumped $303M into beauty tech startups in 2018.
Bottom line? Technology is giving the beauty industry a makeover and the market is massive.
The world’s largest beauty companies including Estée Lauder, L’Oréal, and Procter & Gamble are all embracing the latest emerging technologies, from artificial intelligence to augmented reality, to give customers a more personalized, tailor-made approach to beauty.
But there are also unicorns that are quite alluring and one that is really making it’s mark is: Glossier. This original beauty blog turned into a $1B brand last year and is on fire.
This is certainly not one to “gloss over” but to keep an eye on and possibly assist with its booming business.
Just remember, don’t stalk. Don’t hound. Don’t send a myriad of messages about yourself. So what do you do?
Build trust. Share category insights. Do some light consumer research. Offer purchase pattern eye-openers. Toss out some trends. Show your expertise and how it’s relevant. Just… don’t… sell!
Good luck and remember to prospect smAARt and pitch with passion!