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Essence unveils
fourth installment in its Smart Beauty series of research findings
(May 13, 2009) ESSENCE has unveiled the results of its proprietary study, Smart Beauty IV, developed in conjunction with New York-based research firm, Vision Critical Group. The fourth installment of the Smart Beauty series focuses on African-American women and the prestige beauty category, inclusive of cosmetics, skin care, hair care and fragrance. "ESSENCE's Smart Beauty research confirms that African-American women are confident and aspirational; embracing and celebrating their unique beauty to the fullest," says Mikki Taylor, Beauty and Cover Director, ESSENCE. "As trendsetters, African-American women enjoy the beauty experience and are loyal consumers, who trust prestige brands to deliver the quality they expect." ESSENCE's Beauty and Cover Director Mikki Taylor moderated expert panelists including celebrity make-up artist Sam Fine, dermatologist Dr. Rosemarie Ingleton and retail trending specialist Ms. Candace Corlett; as they analyzed the attitudes and purchase behaviors of the modern African-American beauty consumer. Designed to educate, inform, and inspire real change in marketing to women of color by identifying their buying power, influence, needs and desires, the research methodology for Smart Beauty IV included online surveys among a national sample of African-American women and general market women, who are 18-54 years old. The sample of over 1,500 included a mix of women who used branded beauty products and have shopped at a prestige store for a cosmetic, skin care or hair care beauty product in the past 6 months. Highlights of Smart Beauty IV: - Regarding spending power -- African-American women spend 80% more on cosmetics annually and nearly twice as much on skincare products than general market women do annually. - Regarding marketing to African-American women vs. general market women -- a brand she aspires to (48%) is a more important attribute than one with an appealing celebrity endorsement (33%) when choosing a beauty product. - Regarding the mindset of African-American women -- her self-confidence is evident in describing herself as intelligent, independent, attractive, ambitious, sexy and fabulous more often than general market women. - Regarding what informs the purchase decision for African-American women -- reflecting her personal style, being a brand she trusts, offering high-quality ingredients and being suited to her needs all stand out as key attributes to compel purchase across cosmetic, skin and hair categories respectively. Smart Beauty is a series of panel discussions targeting beauty and retail industry decision makers. Launched in 2004, Smart Beauty's first session awed beauty industry leaders with groundbreaking research about the spending power of African-American women, which has grown to $7.5 billion annually. The following year, Smart Beauty II: "Counter Intelligence" addressed the retail experience. In 2006, Smart Beauty III: "Speak to Me" focused on the importance of language and messaging when marketing to the African-American beauty consumer. ABOUT ESSENCE Essence Communications Inc. (ECI) is the leading media and communications company dedicated to African-American women. With a multi-platform presence in publishing, live events, and online, the Essence brand is "Where Black Women Come First". The company's flagship publication, ESSENCE magazine, is the preeminent lifestyle magazine for African-American women; generating brand extensions such as the Essence Music Festival, Women Who Are Shaping the World Leadership Summit, Window on Our Women (WOW I & II) and Smart Beauty I, II & III consumer insights, the Essence Book Club, Essence.com, and ventures in digital media (mobile, television and VOD). For 39 years, ESSENCE magazine, which has a readership of 8.1 million, has been the leading source of cutting-edge information relating to every area of African-American women's lives. Go to Target Market News homepage |
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