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Barefaced
A beauty business podcast. barefaced.substack.com
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Total 7 episodes
1
25/10/2024

The Mecca Effect: Why Sephora Can't Compete in Australia

Australia's beauty market flew under the radar until Jo Horgan changed everything by launching Mecca in 1997. By the time Sephora arrived in 2014 to claim its share, it was far too late. But how did Mecca build such a stronghold in the Australian market, why did Sephora take so long to set up shop? Plus, we deep dive into the latest TikTok fixation of which retailer offers more value. We take a look at the data to understand, objectively, which is truly more popular. That and so much more in today's episode!If you enjoyed this episode subscribe to the newsletter for all the latest beauty insights and data.Otherwise, you can check out Barefaced on Instagram and everywhere else here. Key Figures:Only 41.2% of Sephora’s US brands are available at Sephora in Australia.45.6% of Sephora’s US brands are available at Mecca in Australia.61% of Mecca’s brands are exclusives.76.8% of beauty revenue in 2023 was generated offline (Statista). This is projected to decline by 4.9% by 2027.Analysing 2,500 Reddit comments for each search term revealed:"Mecca Beauty loop" has a 61.2% positive sentiment and 16.1% negative sentiment"Sephora Beauty Insider" has a 56.7% positive sentiment and 23% negative sentiment"Sephora Australia Beauty Insider" has a 48.4% positive sentiment and 21.1% negative sentiment Hosted on Acast. See acast.com/privacy for more information. Get full access to barefaced at barefaced.substack.com/subscribe
21m
04/10/2024

How Advertising Laws Changed the Beauty Industry

In the past decade, shifts in advertising laws have continuously reshaped the beauty business. What did the industry look like before #ad was enforced? How did brands dodge disclosure rules, and when did we stop trusting influencer beauty reviews? Despite its significance, influencer-related legislation rarely gets spoken about. In 2024, authorities are finally catching up with the impact of influencers—great news for consumers, but a challenge for marketers. In this episode, we explore how brands are navigating today’s regulations, the missteps to avoid, and how to build consumer trust while maximizing reach.If you enjoyed this episode, don't forget to follow the podcast and subscribe to our newsletter for all the latest beauty insights and data - https://barefaced.substack.com/Otherwise, you can check us out everywhere else https://beacons.ai/barefacedRESOURCES:University of Manouba, Youtube vlogger's popularity and influence: The roles of homophily, emotional attachment and expertise, https://www.sciencedirect.com/science/article/pii/S0969698919303911#:~:text=In%20turn%2C%20the%20vlogger's%20popularity,effect%20on%20the%20vlogger's%20popularity.ACCC, Subscribe to media releases, https://www.accc.gov.au/about-us/news/subscribe-to-media-releases-and-speechesSocial Law Co, Social Media Lawyers, https://www.instagram.com/sociallawco/ Hosted on Acast. See acast.com/privacy for more information. Get full access to barefaced at barefaced.substack.com/subscribe
39m
29/09/2024

The Black Beauty Problem

Welcome to episode one of The Barefaced Podcast! The podcast revealing the beauty industry's untold stories. It only made sense for episode one to be the most untold story of them all, The Black Beauty Problem.While this episode was filmed a few weeks ago, it’s unsurprising that yet another racial inclusivity 'scandal' has emerged this week with the launch of YSL’s 'Make Me Blush' liquid blushes. This recurring cycle, where black women are racially discriminated against by a new product launch before the issue is addressed in pop culture, needs to change.This episode delves into the beauty industry's consistent neglect of black consumers' needs. We first outline the problem by quantifying the limited product options, underrepresentation, and disproportionate economic opportunities, before figuring out how we got here and what is needed next.If you enjoy this video, please be sure to follow the podcast here on Spotify and check out the newsletter for further insights, ⁠https://barefaced.substack.com/⁠Or, check us out everywhere else ⁠https://beacons.ai/barefaced⁠ ___________________________RESOURCES:- Mckinsey and Co, Black representation in the beauty industry; ⁠https://www.mckinsey.com/industries/consumer-packaged-goods/our-insights/black-representation-in-the-beauty-industry⁠- The Pudding, The Naked Truth; ⁠https://pudding.cool/2021/03/foundation-names/⁠- Abo Akademi University, "Because you're worth it" : A Study of the Labels of Women's Foundations; ⁠https://www.doria.fi/handle/10024/180034⁠- Netflix, Black Beauty Effect; ⁠https://www.netflix.com/search?q=black%20beauty&jbv=81705398⁠- JP Morgan, Black women are the fastest growing group of entrepreneurs. But the job isn’t easy; ⁠https://www.jpmorgan.com/insights/business/business-planning/black-women-are-the-fastest-growing-group-of-entrepreneurs-but-the-job-isnt-easy#footnote-src-5⁠- Harpers Bazaar, The evolution of Black beauty by Lollie King; ⁠https://www.harpersbazaar.com/uk/beauty/a38010209/black-beauty-evolution/⁠- Havard Business Review, How Inclusive Brands Fuel Growth; ⁠https://hbr.org/2024/05/how-inclusive-brands-fuel-growth⁠- Vogue Au, Miss Representation: How First Nations makeup artist Rosie Kalina blends culture and beauty by Divya Venkataraman; ⁠https://www.vogue.com.au/miss-vogue/news/meet-rosie-kalina-the-first-nations-makeup-artist-blending-culture-and-beauty/news-story/d5d1d5e01060a6ef31417be798539bc8⁠__________________________Brands that should be on your radar:- Soft Rows; ⁠https://www.beautyindependent.com/sephora-accelerate-brand-soft-rows-wants-fill-gaps-prestige-textured-haircare-market/⁠- Deeper; ⁠https://www.beautyindependent.com/forthcoming-body-coverage-brand-deeper-black-girls-self-tan/⁠- Carra; ⁠https://www.instagram.com/heycarra/ Get full access to barefaced at barefaced.substack.com/subscribe
49m