Influencers have made their mark on Instagram and YouTube, with 89% and 70% of users on these platforms, respectively. It’s fair to say that these will continue to be the platforms of choice for influencers in the coming months, but it’s also important to look forward to the platforms the next generations will—or already are—using. That’s where TikTok, a wildly [...]
The beauty and personal care industry is expected to top $80 billion in revenue this year and shows no signs of slowing. While brands and products may differ between generations, all generations are considered target markets for beauty and skin care products, from Generation Z to Baby Boomers. Understanding your target audience is key, but you should also be aware [...]
The direct-to-consumer (DTC) model is on the rise, but it’s definitely not new. No, the DTC model has been around for some time, disrupting some of the biggest legacy CPG and beauty brands on the market. Consider the shaving industry, which was once ruled by Gillette. The $3.5 billion per year industry was turned on its ear by the introduction of [...]
If you’ve ever played the lottery or put a dollar in a slot machine, then you have some idea of how the “motivating uncertainty effect” works. It’s the same psychological effect that drives popular game shows like Wheel of Fortune and Let’s Make a Deal. That sense of excitement, mystery… The huge shot of dopamine when we win. Dopamine is [...]
