3 Key things investors are looking for in beauty companies
Find out rising k-brands and tips from investors.
2024. 10. 11.
3 Key things investors are looking for in beauty companies
Find out rising k-brands and tips from investors.
Explore more than 30+ pitches from fast growing companies
3 Key things investors are looking for in beauty companies 🔍
“Focus on a niche, instead of trying to appeal to everyone” - Claire Chang
in the online summit, Claire Chang, Founding Partner at igniteXL Ventures, shared 3 key tips for brands that want to expand to North America :
Recognize the U.S. is a BIG market. It's essential to understand the scale and diversity of the U.S. market.
Focus on a niche. Instead of trying to appeal to everyone, it's more effective to target a specific segment.
Understand your core customers. Spend time identifying and understanding who your brand's core customers are.
In the full conversation, Claire also discusses common mistakes K-Beauty brands make when entering the U.S. market, whether K-Beauty's success in the U.S. is sustainable or just a temporary trend, what investors are looking for in beauty companies, and more.
Coming Soon : The Journey of K-Beauty from Seoul to Global Impact 🇺🇸
“Beyond just being a large market, the U.S holds significant global influence” - Dino Ha
In the online summit, Dino Ha, CEO at MEMEBOX, shared some 5 insights to understand the US market and its costumers :
The U.S. market is 5-10 times bigger than Korea
Consider diverse U.S. skin tones and preferences.
84% of commerce remains offline; omnichannel strategies work best.
Older K-beauty trends perform better in the U.S. than the latest ones.
Target and the Midwest reflect the U.S. market better than LA or Sephora.
Unique strategy from Memebox when entering the US market?
Memebox smartly co-developed a K-beauty brand with Sephora called Kaja Beauty. It was created for the girl-on-the-go and offers bite-sized beauty products powered by the latest Korean technology and formulations, according to Memebox. Ready to watch the full session at the K-Beauty Trend Summit?
Buyers. check out these k-brand decks in the Brand Week :
Who are the 3 rising indie K-Beauty brands you need to know now? 📈
THOME
THOME is a 15-minute, once-a-week skincare program that brings professional-level "Glazed Skin" results at home, offering the same high-performance benefits as aesthetic or dermatological treatments.
Ongredients is a korean beauty brand that prioritizes the essence of each product, featuring only one main ingredient, to promote skin health and beauty. SkinBarrier Rising Keywords #Innerglow
Bewants is a Korean skincare brand focused on highly functional self-care with a "Slow Aging Beauty" concept and a "Beyond Yourself" brand slogan, appealing to the values pursued by skincare consumers aged 20 to 30. Global Eyecare Trend #Cryo #Depuffing #Exfoliating
Watch the full session of the K-Beauty Trend Summit If you have more than 5 people on your team, you can receive a special ticket to the K-Beauty Trend Summit, including all presentation materials, valued at $190 USD.
Trendier(Measurecommerce) contact@measurecommerce.ai LC Tower(4th Floor), 186 Yanghwa-ro, Mapo-gu, Seoul, 04052, South Korea 070-7014-3010 수신거부Unsubscribe
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