The document outlines a strategy for launching a mobile app focused on selling makeup and personal care products for men. It proposes introducing an in-app subscription model that allows pre-booking of new brands, multiple deliveries, and a healthy skin program. Research is cited showing the growing market for online cosmetics in India and increasing time spent on mobile shopping apps, supporting the strategy of launching a dedicated app.
The document outlines a strategy for launching a mobile app focused on selling makeup and personal care products for men. It proposes introducing an in-app subscription model that allows pre-booking of new brands, multiple deliveries, and a healthy skin program. Research is cited showing the growing market for online cosmetics in India and increasing time spent on mobile shopping apps, supporting the strategy of launching a dedicated app.
The document outlines a strategy for launching a mobile app focused on selling makeup and personal care products for men. It proposes introducing an in-app subscription model that allows pre-booking of new brands, multiple deliveries, and a healthy skin program. Research is cited showing the growing market for online cosmetics in India and increasing time spent on mobile shopping apps, supporting the strategy of launching a dedicated app.
• Include other personal and beauty care products • Availability of in-house brands • Introduce a subscription model which includes pre booking for organic and international brands when launched on app multiple delivery options up to 6 locations healthy skin program –covers everything from – nutrition, health and wellness An option for the customer to ask for the required less available brand or product QUALITATIVE Application interface is of prime importance to the customer Why app ? when they shop online. Personalization is what drives the cosmetic industry. It is easier to give this experience through an application. App is easy to browse and loads faster making the whole shopping • An Top 3 categories – social media, entertainment and retail experience convenient for the customer. App makes it easier to focus on specific customer needs and time spent on mobile apps by category products. We can focus on giving wide range of products and giving a very specific display of products • Anytime anywhere, much faster –primary data Value communication is enhanced when the platform is an app
• Share of mobile applications used monthly by internet users
across India in the 3rd quarter of 2019, by category – 64% shopping appsAs of June 2019, mobile devices accounted for 91 percent of digital minutes in India. , drop out for engagement- mobile site • 38% of Indians have 6-10 mobile apps daily • In fact, in 2019, over 19 billion mobile apps were downloaded in the country, compared to just over six billion in 2016. • No of smartphone users expected to increase to 973.89 million by 2025 • beauty, easy to implement, better reach, refined, narrow QUANTITATIVE product category , psychology . Higher perceptual benefits, Average user spends 4.5 hours on phone daily Daily mobile hours is consistently increasing (30% increases in focusInterface focused on buying make up 2019) Increase in the amount of time spent suing shopping apps • Customer psychology , cannibalization (50% in 2019) Youtube number of users is 311 m in 2020, expected to reach 520.69 ny 2026 Promotions : From 2009-2018, there was a steady increase in the annual beauty related content in YouTube Revenue from cosmetics market - eyes is increasing consistently
Secondary research
The share of cosmetics in the personal care market is consistently
increasing over the past few years and is expected to be 6.14% by 2022. The online cosmetic market share in India is expected to increase to $4.49B by 2022 THE WAY FORWARD • Make-up collection for men During April and May 2020 • Include other personal and beauty care products • 11% of consumers tried online purchase for the first time • Availability of in-house brands • 16% of them tried new product categories • Introduce a subscription model which includes • 30% increased purchase in existing categories pre booking for organic and international brands when launched on app multiple delivery options up to 6 locations • Makeup buying criteria – Quality and Brand are of prime importance healthy skin program –covers everything from – • Promotions : From 2009-2018, there was a steady increase in the nutrition, health and wellness annual beauty related content in YouTube An option for the customer to ask for the • Revenue from cosmetics market - eyes is increasing consistently. required less available brand or product
Effect of Electronic Word of Mouth (E-Wom), Brand Ambassador, and Price On Purchasing Interests in Products of Industrial Cosmetics Among University Students During Pandemic Covid-19
International Journal of Innovative Science and Research Technology