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ratings:
Length:
6 minutes
Released:
May 26, 2022
Format:
Podcast episode

Description

In our last guest episode with the indie beauty co-founder Tara Pelletier, we heard how her business Meow Meow Tweet was not only driving a successful bulk refill scheme for its beauty products, but also how it was shunning the pressure to churn out new products. But will the beauty media bother with indie companies that can't push out press releases about their latest new product? Will opting for deeper rather than wider product ranges self harm an indie brand? It takes a brave business owner to call out the traditional beauty business model that is built on bringing out a constant stream of new products. For the sake of sustainability, this should be happening if we are to consume less and save the planet's resources more. Can we change the culture around product development? Lorraine Dallmeier, Formula Botanica CEO and podcast host, says that while she has come across numerous beauty brand and industry stories about improving packaging, finding sustainable suppliers and striving for circular beauty, she has heard none about a brand choosing to slow its growth for sustainability's sake. The beauty industry model is still all about fast churn; in fact, we can talk about 'fast beauty' just as we do about fast fashion. The beauty media thrives off reporting the latest innovation and product release. Lorraine's point is that a brand with loyal customers enjoying its current range has no need to keep pushing out new products. Are customers really waiting for something new? And why would an indie brand wish to upstage its hero products with new ones all the time? Lorraine challenges all brand founders in the indie beauty community, and beauty consumers, to be loyal to the fabulous products already out there and reject fast beauty. By doing so, they can start to shift mindsets on beauty's traditional business model. Listen in to Lorraine's opinion short in which she asks the ultimate question: can the beauty business model be built on slow beauty?  
Released:
May 26, 2022
Format:
Podcast episode

Titles in the series (100)

The Green Beauty Conversations podcast brings the world of green beauty to your earbuds. Join Gemma and Lorraine from the Formula Botanica Team as they demystify confusing topics on ingredients, formulations, business practices and political issues in the beauty world. Hear directly from established brands in the green beauty sector and engage with a variety of experts who willingly share their knowledge with you. Formula Botanica is the accredited online organic cosmetic science school, hosting thousands of students in 125+ countries who have enrolled for their award-winning online formulation courses. The school has long been a hub for artisan skincare entrepreneurs, who form part of their large, engaged global online community. The global green beauty community looks to Formula Botanica for guidance on major events in the industry, such as new ingredient releases, innovative formulation techniques and indie business guidance. Formula Botanica is at the forefront of the global green beauty industry and is committed to bringing you the best and most up-to-date information from the green beauty world. Listen to the Green Beauty Conversations podcast and become part of the global green beauty movement.