BEAUTY CARE

Beauty leadership changes at Walgreens

BY DSN STAFF

DEERFIELD, Ill. — Drug Store News has learned that Shannon Curtin, Walgreens group VP and general merchandise manager for beauty and personal care, will leave the company, effective Sept. 1.
 
Curtin, who led Walgreens’ mission to “Go Big in Beauty,” is widely credited for having made several important contributions that have helped expand Walgreens’ beauty business since joining the company in 2009, including the creation of Walgreens’ online Beauty University training program for its 26,000 in-store beauty advisors and the launch of a monthly magazine for its best customers, Discover Beauty Within.
 
Effective Sept. 8, Lauren Brindley will assume the GVP/GMM for beauty and personal care. Brindley, who began her career at Tesco, has served in a variety of roles at Walgreens Boots Alliance over the past 10 years, primarily in beauty and personal care, and is credited with having helped Boots grow market share in premium beauty and fragrance, by upgrading the customer experience and attracting desirable new brands. Brindley is also credited with having played a vital role in the re-launch of the Boots No. 7 brand in 2010.
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Tria Beauty introduces eye wrinkle correcting laser

BY DSN STAFF

DUBLIN, Calif. — Tria Beauty introduced its Age-Defying Eye Wrinkle Correcting Laser on Wednesday in North America. The hand-held, FDA-cleared device treats fines lines and wrinkles around the eyes in two minutes daily.

The device uses non-ablative fractional laser technology to deliver microscopic laser beams that penetrate deep under the skin's surface to stimulate the body's cellular renewal process, according to the company.

Clinical studies saw the following results:

  • 85% of study participants saw improvement in fine lines and wrinkles around the eyes;
  • 88% reported a more youthful appearance than other products gave; and
  • 83% reported smoother skin around the eyes.

"This expansion of our Age-Defying line allows us to broaden the consumer base in at-home, anti-aging lasers," Peter Wyles, president and CEO of Tria Beauty, said. "This is a fantastic little product that provides great results with short daily treatments at an affordable price. It's the perfect product for consumers who want dermatologist-recommended technology for fighting eye wrinkles but who prefer to do their treatments at home."

The Age-Defying Eye Wrinkle Correcting Laser is available for sale on the brand’s website and Sephora.com for $249. It expand its in-store and online distribution among premium retailers in September.

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Catalina report: Targeted marketing boosts new product success

BY Michael Johnsen

ST. PETERSBURG, Fla. — CPG marketers bringing a new product to consumers don't need to break the bank on a national advertising campaign. According to a new study from Catalina, they just need to idenfity and market to the small number of early adopters.
 
Catalina's research, released Wednesday, found that just 0.7%, or 1 in 143 shoppers, accounted for 80% of volume for the average new product studied. Of the 50 new food and beverage products analyzed, only eight had shopper concentrations of more than 1% driving 80% of volume, and only one had a concentration above 2%. 
 
In addition, the study uncovered extremely low retention rates for most new products,  just 11% of customers who tried a product in the first six months of a launch were still engaged with a new item after one year.
 
“The percentage of households that make or break the success of new CPG products is very small,” stated Marla Thompson, SVP of U.S. strategy for Catalina. “Our study makes it clear that it is critical for brands and retailers to find likely triers and continue engaging them over time to sustain repeat purchasing. It also shows that purchase-based targeting can be a cornerstone of successful new product launches.”
 
According to the report, engaging shoppers based on predictive modeling of their likelihood to buy can result in trial rates that are five times more than the natural trial rate. The study also demonstrated a major distribution challenge for new products. It took 28 weeks for the average new product to reach 75% of its peak distribution in stores tracked in the study. This long delay creates significant inefficiencies for national mass media campaigns. 
 
Sustaining revenue growth for new products in the second year after a launch is frequently a challenge for the CPG industry. Even top-selling new items sometimes fail to survive their sophomore year. One major issue affecting those failures is a lack of repeat purchase, according to the report. The study finds that for the average new CPG product, just 11% of shoppers who tried the new item in the first six months of a launch remained engaged after 52 weeks. As many as 24% of initial triers made at least one repeat purchase in the first six months, but more than half of those did not try again in the following six months.
 
“Our research demonstrates that retaining buyers quickly becomes at least as important as customer acquisition to the success of new products,” Thompson said. “Finding and engaging the consumers most likely to both try and repeat, and then delivering the right incentives and messages to efficiently sustain purchasing over time, should be a core strategy for growth.”
 
Catalina's report also underscored inefficiencies in national marketing campaigns for new products due to uneven distribution. On average, the new products tracked in the study took 28 weeks, more than half of their first year in stores, to reach mass availability. Mass availability was defined as reaching 75% of a product's highest distribution.
 
This long wait for availability often results in either wasted media spend or lost opportunity, according to the report. For example, many shoppers may be hit with initial ads and promotions with no ability to purchase the product in their store. Conversely, a new product may have little or no advertising or promotional support while it sits on store shelves for months, as the brand manager waits for further distribution. As a result, only a small percentage of likely triers become aware of the product.
 
For product line extensions, winning over existing brand franchise buyers can be an important opportunity for growth. Across all of the line extensions studied for this report, an average of 76% of brand franchise buyers did not even try the new item. Yet those who did spent an average of four times more than other franchise buyers.  
 
Catalina looked at the 50 top-selling food and beverage products identified in the latest IRI New Product Pacesetter report. To be eligible, products needed to complete their first 12 months of sales in 2014.  For this study, Catalina analyzed the behavior of some 45 million consistent shoppers across 11,000 U.S. stores, which are a subset of Catalina's total U.S. network. A consistent shopper was defined as someone that shops at least two times every eight weeks for seven consecutive eight-week periods. 
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