Morning Brew - ☕ Eye of Z beholder

Gen Z is driving beauty category sales and strategies.
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June 28, 2023

Retail Brew

Square

Hello there. About 150 million hot dogs will be eaten on July 4th, and PepsiCo is hoping to cash in by introducing Colachup, ketchup infused with—you guessed it—Pepsi cola. We’re still kind of freaked out by the concept of Kranch, so we’ll let Joey Chestnut try this one first.

In today’s edition:

—Erin Cabrey, Jasmine Sheena

BEAUTY

Z-ing eye to eye

Beauty products Blanchi Costela/Getty Images

As anyone on BeautyTok knows, Gen Z likes to mix it up when it comes to their ~aesthetics~, whether it be cold girl or crying girl or mermaid core…it can be hard to keep up.

And while these often bold looks may seem a little, uh, out there, Gen Z’s interest in the beauty category is nothing to scroll past. The increasingly powerful demographic—which has a penchant to “treat themselves” with beauty products more than any other generation, per Mintel—has started to have a notable impact on a number of beauty and personal care categories.

“These are shoppers that are setting their purchasing habits for their life,” Anna Mayo, VP of Nielsen IQ’s beauty vertical, said. “So I think it’s extremely important to focus on them.”

From nails to lashes to fragrances, Gen Zers are changing long-standing beauty category dynamics, and establishing new subcategories, impacting CPG sales and innovation strategies along the way.

Faking it: One of the most notable categories seeing a Gen Z boost is artificial nails. NielsenIQ found that sales of artificial nails are set to outpace nail polish sales this year after artificial nails, aka press-ons, have seen four years of consistent growth, thanks in large part to Gen Z shoppers.

Keep reading here.—EC

     

SPONSORED BY SQUARE

The thrill of the shop

Square

In the constantly changing retail industry, there’s one thing we know for sure: Customers want experiences. They’re looking for exciting, exclusive, and interesting new ways to interact with your brand.

Think text message shopping, in-store events…*anything* to bridge the gap between online and traditional in-store shopping. And Square breaks it all down for you in their Future of Retail Report.

Square teamed up with Wakefield Research to survey 500 US retailers and 2k consumers ages 18 and up for insights on:

  • the top retail trends of 2023, from virtual reality experiences to the emergence of the multi-hyphenate retailer
  • tools and strategies to help you bring your ideas to life in store

Up your retail game.

MARKETING

Summer job

A man wearing sunglasses with a mustache in a striped shirt cracking open a can of Bud Light from the beer brand's 2023 summer ad campaign Bud Light

“Bud Light unveiled a new ad as part of its “Easy to Summer” campaign, its first big marketing push since the brand’s partnership with trans influencer Dylan Mulvaney sparked a right-wing backlash earlier this year,” writes Marketing Brew’s Jasmine Sheena:

The “Easy to Summer” ad and accompanying campaign come after a difficult spring for the brand. Conservatives called for a boycott of Bud Light after Mulvaney posted a photo of a custom Bud Light can that the brand sent her. In the ensuing backlash, Anheuser-Busch CEO Brendan Whitworth issued a statement saying the brand “never intended to be part of a discussion that divides people.”

Read the whole story here on Marketing Brew.

     

COMMUNITY

Coworking with Lindsay Holden

Headshot of Lindsay Holden Lindsay Holden

On Wednesdays, we wear pink spotlight Retail Brew’s readers. Want to be featured in an upcoming edition? Click here to introduce yourself.

Lindsay Holden spent nearly eight years in merchandising at Target before co-founding Odele, a clean hair and body care brand, and landing it on shelves at the retailer, along with stores like Ulta Beauty and CVS.

How would you describe your job to someone who doesn’t work in retail? I think about shampoo so you don’t have to. No two days are the same.

One thing we can’t guess about your job from your LinkedIn profile? I used to book Serta sheep to make personal appearances at Serta stores. Yup. I was a wrangler of the Serta sheep, so to speak.

What’s your favorite project you’ve worked on? Founding Odele, of course! I literally built the brand with my partners over our kids’ nap times. We were scrappy and managing 1,000 other things at the same time, but we knew we were on to something and kept pushing through, creating the time for it. We believed so strongly that there was a place for yet another shampoo in the world, that if we put out a brand that was “all the things”—clean, inclusive, high-performing, shareable, and beautiful at an accessible price point—the consumer would take note. And we were correct.

Keep reading here.—EC

     

TOGETHER WITH IMPACT.COM

Impact.com

Increase your influence(rs). Consumers want authenticity and meaningful connection, and they love to find it with their fave influencers. Need a road map to the intricacies of influencer marketing? Consult impact.com’s Ultimate guide to influencer marketing. Learn how to set impactful influencer content into motion that’ll captivate and convert.

SWAPPING SKUS

Today’s top retail reads.

Biting back: After a long pandemic hiatus, the all-you-can-eat buffet is on the rebound. “The media called buffets zombie companies—we didn’t know we were dead,” Golden Corral CEO Lance Trenary said. “But we’re the comeback kids.” (the New York Times)

Cruel summer: Why many farmers are shifting away from growing summer crops like tomatoes, peppers, and zucchini in favor of wintertime fare. (Civil Eats)

Report card: Breaking down Neiman Marcus Group’s first “People Report” and second annual ESG report issued this week. (WWD)

Smell that?: It’s the intoxicating scent of laundry luxury. Laundry Sauce partnered with fragrance experts to create the best-smelling laundry pods on the planet. Elevate your everyday and bid adieu to boring laundry.*

(Marketing) relationship coach: Elevate your strategy with relationship marketing and improve how your brand interacts with customers on a foundational level. Turn customers into loyal advocates with a crash course from Marigold’s comprehensive ebook.*

*This is sponsored advertising content.

VIRTUAL EVENT

Reimagining the Customer Experience Online

Virtual Event Creative Internal

Today’s customers demand a flawless, VIP experience. With social platforms dominating the shopping scene, every second counts. Join Retail Brew and Katie Mullen, chief customer officer at JCPenney, as we spill the details to delivering a five-star customer journey in a free virtual event TODAY.

Sign up here!

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Written by Erin Cabrey and Jasmine Sheena

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