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[EXTERNAL EMAIL] - Tweens$$$$
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[REDACTED] Mar 3, 2021 8:57 PM
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[REDACTED] (NY) (FBI) [REDACTED]
Teen, Preteen Girls Big Retail Business
- Target Market: Girls aged 4-12.
- Spending: This group spends $17.8 billion and influences another $250 billion annually.
- Key Brand: Bonne Bell Inc.'s Nail Gear brand offers a variety of nail polish shades.
- Marketing Strategy: Focuses on observing trends and catering to consumer involvement with temporary pop culture.
- Product Offerings: Nail polishes in striking colors, nail stickers, press-on nails, miniature manicures, nail files, and top coats.
Young People Want to Express Themselves
- Trend: Young people are interested in expressing themselves through various media, including fashion and beauty.
- Influence: Television shows, music, fashion, and sports influence their identities and self-expression.
- Brand Example: Fun Cosmetics Inc. offers products like metal barrettes, nail polishes, and "Envious Eyes" nail polish with movable "eyes" decals.
- New Products: Fun Cosmetics is introducing a "Lotsa Loot" change purse with nail polish and lip gloss, and a "Glitzy" line of nail polishes.
Artificial Nails Still Have Loyal Performance
- Market Status: Suppliers insist a viable market for artificial nails still exists despite a trend towards natural nails.
- Challenges: A 4.9% decline in sales is attributed to women preferring natural nails and product duplication.
- Positive Trends: Some retailers like Walgreens are seeing gains due to new products like Kiss Products Inc.'s Broadway Nails and Del Laboratories Inc.'s Sally Hansen Teflon Tuff.
- New Launches: High-quality nail tips and sculpting kits at low prices are promising for the category.
- Key Brands: Kiss Products Inc. offers a wide range of artificial nail products, including "Work of Art" collections.
- Technology: Companies are emphasizing superior technology in their products.
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