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Kylie Cosmetics Struggling with Sales


Runway

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FfFfFfFF
2 hours ago, ZacharyMark said:

That's why I stan Fenty Beauty. They're in it for the long run. 

I don't know if you intended this but your post makes it sound like Rihanna retired from music forever.

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 I'd imagine that would have been expected.

Celebrity brands rely on starting with a lot of hype and people making orders out of curiosity. The buzz dies down and people lose interest and switch to the next big thing. They struggle to retain casual customers. 

I don't think it's a bad thing or means the products are bad, it's just that that huge level of interest and sales weren't sustainable.

If you're gunna be in it for the long game you have to really establish the reputation of the products themselves while you can, and not rely too much on the hype of the namesake. 

 

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mindless

I want to struggle with sales just so I can sell a fraction of my company for $600M as well :ladyhaha: 

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HeavyyMetalVenuss

these celeb makeup brands keep on making the mistake of not making their products fit their personal branding, so that they can set themselves apart from competitors in a better way. kylie, your lips are famous. YOU SHOULD HAVE MADE A LIP PLUMPING GLOSS. DUHH

Cake like Malibu Gaga
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ImTired
7 hours ago, Runway said:

Kylie Jenner’s beauty empire might be in need of a makeover.

 

Kylie Cosmetics, the 3-year-old makeup company founded by the youngest member of the Kardashian-Jenner clan, is seeing sales sag as a majority of customers who have tried it once in recent months have not returned, according to an explosive new report obtained by The Post.

 

The privately held company, which is reportedly in discussions with Coty Inc. to acquire a majority stake for $600 million, has seen its sales decline 14% this year through May, according to Rakuten Intelligence.

 

Revenues peaked in November 2016, one year after the first product was launched, but two years later, in November 2018, revenues were down by 62%, according to Rakuten, which tracks online purchases.

 

The drop may be due to Kylie Cosmetics’ troubles getting customers to stay loyal, according to Rakuten, which relied on online receipts for 1.5 million customers.

  

  Quote

“I will never buy their product again,” one self-described first-time buyer, “Angel,” wrote in March on the BBB site, saying she spent $250 on merchandise and received only seven of the 12 items she ordered. Kylie Costmetics’ customer service didn’t help with her complaint, she said.

 

“Would NOT recommend,” wrote Becca from Wisconsin earlier this year. “This was the first palette I’ve bought from Kylie. It was such a disappointment. The colors show up different on your lid and are very difficult to blend.”

 

Source: https://nypost.com/2019/07/28/kylie-jenners-cosmetics-sales-fall-14-percent-as-gloss-dims/

 

Just in time for HausLabs to take over

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Do NOT f@#k with Becca...:trollga:

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Lord Temptation

Guess she ain’t the worlds youngest “self-made” billionaire anymore? :huntyga:

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Reginald

I honestly think that the beauty influencer bubble is about to burst, :flop:

the market is WAY oversaturated with influencers and celebrities all pushing products with a lot of overlap. 

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