direct upside group llc

direct upside group llc We collaborate with companies and brands to help solve direct-to-consumer challenges and accelerate growth.

Direct-to-Consumer Marketing and Subscription Experts

direct upside group is a boutique direct-to-consumer marketing and customer experience transformation consulting practice founded in 2016. direct upside group was created to address an increasing need in the marketplace for guidance from proven, senior-level direct-to-consumer experts available as consultants or part-time, โ€œfractionalโ€ marketi

ng leaders. With a focus on subscription business models, we are passionate about helping our clients analyze, discover, create, and execute insightful and successful strategies to move their businesses forward. We bring decades of direct-to-consumer experience, leadership and guidance to fuel growth and transformation by helping companies:

- Significantly optimize their current acquisition, retention or customer experience efforts
- Launch a new product or brand
- Add a new channel (such as DRTV) to their media mix
- Create an omni-channel business
- Add or optimize subscription business models
- Supplement and train their current team with fractional subject matter experts

Lisa Bratkovich is the CEO and founder of direct upside group. Starting her career in direct-to-consumer marketing, she has remained a direct-to-consumer and direct response marketing leader for over 25 years. An ideator and strategist, she is also known for her strong work ethic, tenacity and resourcefulness when it comes to ex*****on. Prior to direct upside group, Lisa Bratkovich was Chief Marketing Officer at ChromaDex, a $59 million science-based public nutraceutical company. She has also held Marketing leadership roles at a variety of successful privately held direct-to-consumer companies including 13 years at $1.6 billion direct-to-consumer industry leader Guthy|Renker. At Guthy|Renker, she served as SVP of Marketing, launching, managing and optimizing highly successful multi-million dollar health and beauty brands.

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ฎ๐ง ๐š ๐›๐ž๐š๐ฎ๐ญ๐ฒ/๐ฆ๐š๐ค๐ž๐ฎ๐ฉ/๐ฌ๐ค๐ข๐ง๐œ๐š๐ซ๐ž ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ฒ, here are some great insights about womensโ€™ purchasing trends, preferences, ...
08/16/2022

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ฎ๐ง ๐š ๐›๐ž๐š๐ฎ๐ญ๐ฒ/๐ฆ๐š๐ค๐ž๐ฎ๐ฉ/๐ฌ๐ค๐ข๐ง๐œ๐š๐ซ๐ž ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ฒ, here are some great insights about womensโ€™ purchasing trends, preferences, and wishes from the first half of 2022. ๐Ÿ’„

A few highlights:

๐…๐จ๐ซ ๐๐ž๐š๐ฎ๐ญ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐ฐ๐จ๐ฆ๐ž๐ง ๐ฐ๐จ๐ฎ๐ฅ๐ ๐ฅ๐จ๐ฏ๐ž ๐ญ๐จ ๐ญ๐ซ๐ฒ:
Microbiome-friendly skincare
Probiotics for skin
Personalized makeup where they get to pick the ingredients
AI apps to see makeup on their faces
Eyeshadow and foundation sticks

๐…๐จ๐ซ ๐’๐ค๐ข๐ง๐œ๐š๐ซ๐ž, ๐ญ๐ก๐ž ๐›๐ž๐ฌ๐ญ ๐ฌ๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ were body lotion/butter, eye cream, and facial cleanser. Her ๐ญ๐จ๐ฉ ๐œ๐จ๐ง๐œ๐ž๐ซ๐ง๐ฌ were fine lines, wrinkles and dark circles, but they ๐ฐ๐ž๐ซ๐ž๐งโ€™๐ญ ๐ฌ๐š๐ญ๐ข๐ฌ๐Ÿ๐ข๐ž๐ with existing productsโ€™ ability to solve those problems - a great opportunity for new brands here!

๐…๐จ๐ซ ๐Œ๐š๐ค๐ž๐ฎ๐ฉ, ๐ญ๐ก๐ž ๐›๐ž๐ฌ๐ญ ๐ฌ๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ were mascara, eye shadow and concealer and her ๐ญ๐จ๐ฉ ๐ซ๐ž๐š๐ฌ๐จ๐ง๐ฌ for buying makeup were color/shade, skin type suitability and long-lasting color.

๐๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ข๐ง๐ , she liked to try free samples, do product research online, read positive reviews/consumer claims and get a good price.
___

See the full infographic in the comments.

๐’๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐š๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐ ๐ซ๐ž๐ฐ ๐ฌ๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ๐ฅ๐ฒ ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฉ๐š๐ง๐๐ž๐ฆ๐ข๐œ. We needed convenience and we had to get it online. Coming ...
07/28/2022

๐’๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐š๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐ ๐ซ๐ž๐ฐ ๐ฌ๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ๐ฅ๐ฒ ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฉ๐š๐ง๐๐ž๐ฆ๐ข๐œ.

We needed convenience and we had to get it online.

Coming out of the pandemic (and into inflation), the bar has been raised. Companies adopting subscription are still growing.

๐ˆ๐ญ ๐ข๐ฌ ๐ž๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ž๐ ๐ญ๐ก๐š๐ญ ๐Ÿ•๐Ÿ“% ๐จ๐Ÿ ๐ƒ๐“๐‚ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐ฐ๐ข๐ฅ๐ฅ ๐š๐๐จ๐ฉ๐ญ ๐š ๐ฌ๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐ฆ๐จ๐๐ž๐ฅ ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘.

However, a transactional approach of discounted stuff thrown into a box with no personalization, customization options or relationship established with the consumer wonโ€™t cut it.

While consumers ๐ฌ๐ญ๐š๐ซ๐ญ subscriptions because of financial incentives, personal recommendations and wanting to try something new, they ๐ฌ๐ญ๐ข๐œ๐ค with them because of the personalized experience, convenience, value, ability to customize and benefits of the product or experience.

If you are not using best practices, your company's subscription could become quickly expendable in todayโ€™s world.

๐–๐กat ๐ฌ๐ฎ๐›๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง ๐ž๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ž ๐ข๐ฌ ๐ฒ๐จ๐ฎ๐ซ ๐Ÿ๐š๐ฏ๐จ๐ซ๐ข๐ญ๐ž?

___

Thank you PipeCandy and McKinsey & Company.
See full report in the comments.

๐€ ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐  ๐ญ๐ซ๐ž๐ง๐ ๐ข๐ง ๐œ๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐ญ๐จ๐๐š๐ฒ ๐ข๐ฌ ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง. With a personalized experience, consumers are increasingl...
07/21/2022

๐€ ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐  ๐ญ๐ซ๐ž๐ง๐ ๐ข๐ง ๐œ๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐ญ๐จ๐๐š๐ฒ ๐ข๐ฌ ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

With a personalized experience, consumers are increasingly willing to share their data if they see it helps them have a better experience.

While personalized vitamins are not new, fast growing companies Vous Vitamin and HUM Nutrition have developed ๐š ๐ฐ๐š๐ฒ ๐ญ๐จ ๐ ๐ข๐ฏ๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ž๐ซ๐ฌ ๐จ๐ง๐ž ๐ฉ๐ข๐ฅ๐ฅ ๐ญ๐ก๐š๐ญโ€™๐ฌ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ๐š๐ฅ๐ฅ๐ฒ ๐๐ž๐ฌ๐ข๐ ๐ง๐ž๐ ๐ญ๐จ ๐ฐ๐จ๐ซ๐ค ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž๐ข๐ซ ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐ก๐ž๐š๐ฅ๐ญ๐ก ๐ข๐ฌ๐ฌ๐ฎ๐ž๐ฌ.

They take different approaches to the ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ž๐ซ ๐ž๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ž - You can either take a simple quiz to get a custom pill made just for you, or pick a โ€œcustomโ€ made pill off the shelf depending on your health issue(s).

As a person who takes more vitamins and supplements than I can count each day, the idea of no longer having to take handfuls of various vitamins and remembering how much to take and when, nevermind the high cost of buying each vitamin individually, is exciting.

While I doubt every ingredient I take would be available through these companies, ๐ˆโ€™๐ฆ ๐ ๐ฅ๐š๐ ๐ญ๐จ ๐ฌ๐ž๐ž ๐ญ๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐œ๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ž ๐ญ๐จ ๐ฆ๐š๐ค๐ž ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐ฆ๐จ๐ซ๐ž ๐š๐œ๐œ๐ž๐ฌ๐ฌ๐ข๐›๐ฅ๐ž.

At this stage, Vous Vitamin is available via in-store kiosks and HUM Nutrition is available on retail shelves, but makes the majority of their revenue from online subscriptions.

Interestingly, ๐š๐ฅ๐ฅ ๐ ๐ž๐ง๐ž๐ซ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ก๐š๐ฏ๐ž ๐ฌ๐ก๐จ๐ฐ๐ง ๐ข๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ in custom vitamins - Gen Z, Millennials, Gen X and Baby Boomers. Younger generations are more aware of their health and older generations usually have a variety of health-related problems.

๐–๐ก๐š๐ญ ๐๐จ ๐ฒ๐จ๐ฎ ๐ญ๐ก๐ข๐ง๐ค ๐š๐›๐จ๐ฎ๐ญ ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ๐ข๐ณ๐ž๐ ๐ฏ๐ข๐ญ๐š๐ฆ๐ข๐ง๐ฌ?

___

Thank you McKinsey & Company.
See full article in the comments.

It's no surprise that Amazon is the  #1 ecommerce platform in America, with a total revenue of $470B (net income $33.4B)...
07/12/2022

It's no surprise that Amazon is the #1 ecommerce platform in America, with a total revenue of $470B (net income $33.4B).

Remarkably, Amazon makes 40%+ of all U.S. ecommerce sales in America.

๐๐ฎ๐ญ ๐ž๐ฑ๐š๐œ๐ญ๐ฅ๐ฒ ๐ฐ๐ก๐ž๐ซ๐ž ๐ข๐ง ๐ญ๐ก๐ž๐ข๐ซ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐ฆ๐จ๐๐ž๐ฅ ๐๐จ๐ž๐ฌ ๐ญ๐ก๐ž๐ข๐ซ ๐ซ๐ž๐ฏ๐ž๐ง๐ฎ๐ž ๐œ๐จ๐ฆ๐ž ๐Ÿ๐ซ๐จ๐ฆ?

Surprisingly, Prime is only 6.8% of their sales!

Check out the specific revenue breakdown in the infographic below.

Thank you Visual Capitalist.
See full article in the comments.

๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ข๐ง๐  ๐€๐ฉ๐ฉ๐ฅ๐ž ๐๐š๐ฒ ๐‹๐š๐ญ๐ž๐ซ.Recently announced, this new feature allows users to split the cost of an Apple Pay purchase...
06/28/2022

๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ข๐ง๐  ๐€๐ฉ๐ฉ๐ฅ๐ž ๐๐š๐ฒ ๐‹๐š๐ญ๐ž๐ซ.

Recently announced, this new feature allows users to split the cost of an Apple Pay purchase into four (4) equal payments over six (6) weeks ๐ฐ๐ข๐ญ๐ก๐จ๐ฎ๐ญ ๐ข๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ ๐จ๐ซ ๐ฅ๐š๐ญ๐ž ๐Ÿ๐ž๐ž๐ฌ.

While the buy now, pay later (BNPL) industry has taken a bit of a downturn recently due to higher interest rates and investors pulling back, research predicts the BNPL industry could be worth $39.41 billion by 2030.

๐๐๐๐‹ ๐ข๐ฌ ๐ฏ๐ž๐ซ๐ฒ ๐ฉ๐จ๐ฉ๐ฎ๐ฅ๐š๐ซ ๐š๐ฆ๐จ๐ง๐  ๐œ๐จ๐ง๐ฌ๐ฎ๐ฆ๐ž๐ซ๐ฌ due to the ability to spread out payments and get more for less upfront.

๐Œ๐ž๐ซ๐œ๐ก๐š๐ง๐ญ๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฅ๐จ๐ฏ๐ž ๐ฌ๐ž๐ž๐ข๐ง๐  ๐ก๐ข๐ ๐ก๐ž๐ซ ๐ข๐ง-๐œ๐š๐ซ๐ญ ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž๐ฌ.

๐‡๐จ๐ฐ๐ž๐ฏ๐ž๐ซ, ๐๐๐๐‹ ๐ข๐ฌ ๐ ๐ž๐ญ๐ญ๐ข๐ง๐  ๐ฆ๐จ๐ซ๐ž ๐ฌ๐œ๐ซ๐ฎ๐ญ๐ข๐ง๐ฒ ๐Ÿ๐ซ๐จ๐ฆ ๐ซ๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฌ. The issue is, while people (especially Millennials and Gen Zers) may plan to pay later, they may not actually be able to, potentially putting them into a cycle of debt and creating more bad debt within our economy.

๐–๐ก๐š๐ญ ๐š๐ซ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ญ๐ก๐จ๐ฎ๐ ๐ก๐ญ๐ฌ ๐จ๐ง ๐๐๐๐‹?

___

Thank you TechCrunch and New York Magazine.

See full articles in the comments.

๐–๐ก๐ข๐ฅ๐ž ๐ ๐ž๐ง๐๐ž๐ซ ๐ข๐ง๐ž๐ช๐ฎ๐š๐ฅ๐ข๐ญ๐ฒ ๐ข๐ง ๐ฉ๐š๐ฒ ๐ก๐š๐ฌ ๐›๐š๐ซ๐ž๐ฅ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ž๐ ๐ข๐ง ๐๐ž๐œ๐š๐๐ž๐ฌ, ๐ข๐ญโ€™๐ฌ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ.๐’๐จ, ๐ ๐ฎ๐ž๐ฌ๐ฌ ๐ฐ๐ก๐š๐ญ?๐˜๐จ๐ฎ๐ง๐  ๐ฐ๐จ๐ฆ๐ž๐ง (๐ฎ๐ง๐๐ž๐ซ ๐Ÿ‘๐ŸŽ) ๐š๐ซ๐ž ๐ฌ๐ญ๐š๐ซ๐ญ๐ข...
06/27/2022

๐–๐ก๐ข๐ฅ๐ž ๐ ๐ž๐ง๐๐ž๐ซ ๐ข๐ง๐ž๐ช๐ฎ๐š๐ฅ๐ข๐ญ๐ฒ ๐ข๐ง ๐ฉ๐š๐ฒ ๐ก๐š๐ฌ ๐›๐š๐ซ๐ž๐ฅ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ž๐ ๐ข๐ง ๐๐ž๐œ๐š๐๐ž๐ฌ, ๐ข๐ญโ€™๐ฌ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ.

๐’๐จ, ๐ ๐ฎ๐ž๐ฌ๐ฌ ๐ฐ๐ก๐š๐ญ?

๐˜๐จ๐ฎ๐ง๐  ๐ฐ๐จ๐ฆ๐ž๐ง (๐ฎ๐ง๐๐ž๐ซ ๐Ÿ‘๐ŸŽ) ๐š๐ซ๐ž ๐ฌ๐ญ๐š๐ซ๐ญ๐ข๐ง๐  ๐ญ๐จ ๐ž๐š๐ซ๐ง ๐’Ž๐’๐’“๐’† ๐ญ๐ก๐š๐ง ๐ญ๐ก๐ž๐ข๐ซ ๐ฒ๐จ๐ฎ๐ง๐  ๐ฆ๐š๐ฅ๐ž ๐œ๐จ๐ฎ๐ง๐ญ๐ž๐ซ๐ฉ๐š๐ซ๐ญ๐ฌ - ๐ข๐ง ๐Ÿ๐ŸŽ ๐”.๐’. ๐œ๐ข๐ญ๐ข๐ž๐ฌ!

And, young women are earning the ๐’”๐’‚๐’Ž๐’† as their young male counterparts in 22 of 250 U.S. metropolitan areas.

Gender pay gaps remain the widest in midwestern cities, but women under 30 are clearly making huge strides and will set the stage for future generations of women.

Also very exciting news, starting this month (May 2022), New York City will legally require salary transparency in job postings, which has already been proven to improve more equal wages in states like California, Colorado, Nevada and Connecticut.

Keep asking for what youโ€™re worth ladies!

___

Thank you Indra Nooyi and Pew Research Center

See the comments for the article links.

๐“๐ก๐ž ๐ฏ๐š๐ฌ๐ญ ๐ฆ๐š๐ฃ๐จ๐ซ๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฐ๐จ๐ซ๐ฅ๐โ€™๐ฌ ๐ฆ๐ž๐ซ๐œ๐ก๐š๐ง๐๐ข๐ฌ๐ž ๐ข๐ฌ ๐ฌ๐ก๐ข๐ฉ๐ฉ๐ž๐ ๐›๐ฒ ๐ฌ๐ž๐š. ๐ƒ๐ž๐ฌ๐ฉ๐ข๐ญ๐ž ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐œ๐ก๐š๐ข๐ง ๐ข๐ฌ๐ฌ๐ฎ๐ž๐ฌ ๐š๐ง๐ ๐š ๐ฏ๐š๐ซ๐ข๐ž๐ญ๐ฒ ๐จ๐Ÿ ๐จ๐ญ๐ก๐ž๐ซ ๐œ๐ก๐š๐ฅ๐ฅ...
06/27/2022

๐“๐ก๐ž ๐ฏ๐š๐ฌ๐ญ ๐ฆ๐š๐ฃ๐จ๐ซ๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฐ๐จ๐ซ๐ฅ๐โ€™๐ฌ ๐ฆ๐ž๐ซ๐œ๐ก๐š๐ง๐๐ข๐ฌ๐ž ๐ข๐ฌ ๐ฌ๐ก๐ข๐ฉ๐ฉ๐ž๐ ๐›๐ฒ ๐ฌ๐ž๐š. ๐ƒ๐ž๐ฌ๐ฉ๐ข๐ญ๐ž ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐œ๐ก๐š๐ข๐ง ๐ข๐ฌ๐ฌ๐ฎ๐ž๐ฌ ๐š๐ง๐ ๐š ๐ฏ๐š๐ซ๐ข๐ž๐ญ๐ฒ ๐จ๐Ÿ ๐จ๐ญ๐ก๐ž๐ซ ๐œ๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ, ๐ซ๐ž๐œ๐ž๐ง๐ญ ๐ž๐œ๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ๐ข๐ฆ๐ž๐ง๐ญ ๐ฌ๐ญ๐š๐ญ๐ฌ ๐ฌ๐ก๐จ๐ฐ ๐ž๐œ๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž ๐›๐ซ๐š๐ง๐๐ฌ ๐š๐ซ๐ž ๐œ๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ข๐ง๐  ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐š๐ง๐ ๐ž๐ฑ๐ฉ๐š๐ง๐โ€“๐ง๐จ๐ญ๐š๐›๐ฅ๐ฒ.

๐‡๐ž๐ซ๐ž ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

- 62% brands expect their revenue to GROW 25% or more.
- 1 in 5 brands expect their revenue to DOUBLE.
- 70% of brands will ADD new sales channels.
- 56% of brands plan to ship to NEW countries or fulfill orders in new countries.

While these challenges have forced brands to innovate, expand channels, create better customer experiences and more, they show no signs of slowing downโ€ฆ

___

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐ญ๐ก๐ž ๐š๐ฏ๐ž๐ซ๐š๐ ๐ž ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง ๐ง๐จ๐ฐ ๐ฌ๐ฉ๐ž๐ง๐๐ข๐ง๐  ๐š๐ง ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐Ÿ๐Ÿ– ๐ก๐จ๐ฎ๐ซ๐ฌ ๐ฉ๐ž๐ซ ๐ฆ๐จ๐ง๐ญ๐ก ๐๐จ๐ข๐ง๐ ?๐–๐ž๐ฅ๐ฅ, ๐ง๐จ ๐ฌ๐ฎ๐ซ๐ฉ๐ซ๐ข๐ฌ๐žโ€ฆ ๐ข๐ญโ€™๐ฌ ๐ฌ๐ฉ๐ž๐ง๐๐ข๐ง๐  ๐ญ๐ข๐ฆ๐ž ๐จ๐ง ...
06/27/2022

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐ญ๐ก๐ž ๐š๐ฏ๐ž๐ซ๐š๐ ๐ž ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง ๐ง๐จ๐ฐ ๐ฌ๐ฉ๐ž๐ง๐๐ข๐ง๐  ๐š๐ง ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐Ÿ๐Ÿ– ๐ก๐จ๐ฎ๐ซ๐ฌ ๐ฉ๐ž๐ซ ๐ฆ๐จ๐ง๐ญ๐ก ๐๐จ๐ข๐ง๐ ?

๐–๐ž๐ฅ๐ฅ, ๐ง๐จ ๐ฌ๐ฎ๐ซ๐ฉ๐ซ๐ข๐ฌ๐žโ€ฆ ๐ข๐ญโ€™๐ฌ ๐ฌ๐ฉ๐ž๐ง๐๐ข๐ง๐  ๐ญ๐ข๐ฆ๐ž ๐จ๐ง ๐“๐ข๐ค๐“๐จ๐ค!

Thatโ€™s right, TikTok has tapped further into our content addiction in a unique way. While most users enjoy it in a non problematic manner, the constant flow of short, personalized, new and entertaining clips spurs intense emotions and a rush of dopamine drawing you in longer than others.

Worldwide, TikTok users now spend ~26 hours per month on the platform, which is more than Facebook (16 hours per month) and Instagram (7.9 hours per month) combined.

Thatโ€™s an additional 18 hours per month than in 2018.

Surprised?

Thank you Section4.

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎโ€™๐ซ๐ž ๐ข๐ง ๐ญ๐ก๐ž ๐ญ๐ž๐œ๐ก ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ, ๐ญ๐ก๐ข๐ฌ ๐ฉ๐จ๐ฌ๐ญ ๐ข๐ฌ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ. Iโ€™m on the board of Girls in Tech, Los Angeles and Iโ€™m proud to sh...
06/27/2022

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎโ€™๐ซ๐ž ๐ข๐ง ๐ญ๐ก๐ž ๐ญ๐ž๐œ๐ก ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ, ๐ญ๐ก๐ข๐ฌ ๐ฉ๐จ๐ฌ๐ญ ๐ข๐ฌ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ.

Iโ€™m on the board of Girls in Tech, Los Angeles and Iโ€™m proud to share this LA Times Op-Ed, written by our Founder: Adriana Gascoigne, who shares her experience on being a hispanic and a woman in tech in Silicon Valley.

๐€ ๐Ÿ๐ž๐ฐ ๐ฌ๐ญ๐š๐ญ๐ฌ:
- In Silicon Valley, the % of Hispanic/Latinx employees working in technology positions is still absurdly low, with ๐ฃ๐ฎ๐ฌ๐ญ ๐Ÿ”-๐Ÿ–% ๐จ๐Ÿ ๐ž๐ฆ๐ฉ๐ฅ๐จ๐ฒ๐ž๐ž๐ฌ at Apple, Microsoft and Google.

- Women in tech roles are ๐ฅ๐ž๐ฌ๐ฌ ๐ฅ๐ข๐ค๐ž๐ฅ๐ฒ ๐ญ๐จ ๐ ๐ž๐ญ ๐ฉ๐ซ๐จ๐ฆ๐จ๐ญ๐ž๐ early in their careers, so many are exiting the field.

- To put it in perspective, Hispanic/Latinx people make up 19% of the U.S. population and are responsible for ๐Ÿ“๐Ÿ% ๐จ๐Ÿ ๐€๐ฆ๐ž๐ซ๐ข๐œ๐šโ€™๐ฌ ๐ฉ๐จ๐ฉ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง ๐ ๐ซ๐จ๐ฐ๐ญ๐ก from 2010 and 2020.

- Women make up 47% of entry level jobs and ๐จ๐ง๐ฅ๐ฒ ๐Ÿ๐Ÿ’% ๐จ๐Ÿ ๐‚-๐ฅ๐ž๐ฏ๐ž๐ฅ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ.

Itโ€™s also been found that, companies where women are well represented at the top, earn up to 50% higher profits and share performance and, the most gender-diverse companies are 48% more likely to outperform the least gender-diverse companies.

๐‹๐ž๐š๐ซ๐ง ๐ฐ๐ก๐š๐ญ ๐ฒ๐จ๐ฎ ๐œ๐š๐ง ๐๐จ ๐ญ๐จ ๐ก๐ž๐ฅ๐ฉ!
(View complete articles in the comments)

____

Thank you McKinsey & Company and Adrianna.

๐“๐ก๐ž ๐”.๐’. ๐๐ซ๐ž๐ฌ๐ญ๐ข๐ ๐ž ๐๐ž๐š๐ฎ๐ญ๐ฒ ๐œ๐š๐ญ๐ž๐ ๐จ๐ซ๐ฒ ๐ข๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž๐ ๐Ÿ๐Ÿ—%% ๐ข๐ง ๐๐Ÿ, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ, ๐ฎ๐ฉ ๐ญ๐จ $๐Ÿ“.๐Ÿ‘ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐˜๐Ž๐˜. ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ๐š๐ฅ๐ฅ๐ฒ:1. ๐‘ด๐’‚๐’Œ๐’†๐’–๐’‘ had the mos...
06/27/2022

๐“๐ก๐ž ๐”.๐’. ๐๐ซ๐ž๐ฌ๐ญ๐ข๐ ๐ž ๐๐ž๐š๐ฎ๐ญ๐ฒ ๐œ๐š๐ญ๐ž๐ ๐จ๐ซ๐ฒ ๐ข๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž๐ ๐Ÿ๐Ÿ—%% ๐ข๐ง ๐๐Ÿ, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ, ๐ฎ๐ฉ ๐ญ๐จ $๐Ÿ“.๐Ÿ‘ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐˜๐Ž๐˜. ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ๐š๐ฅ๐ฅ๐ฒ:

1. ๐‘ด๐’‚๐’Œ๐’†๐’–๐’‘ had the most sales with a 22% YOY increase to $1.8 billion in Q1 due to more activity outside of the home. Lipstick sales were up 44%.

2. ๐‘ฏ๐’‚๐’Š๐’“ ๐’„๐’‚๐’“๐’† experienced the highest % growth with Q1 2022 sales at $744.7M, a 32% YOY gain. Hair styling products + DIY hair color grew considerably, likely due to fear of going to hair salons during covid, then getting used to it.

3. ๐‘บ๐’Œ๐’Š๐’ ๐’„๐’‚๐’“๐’† experienced the least growth totaling $1.6 billion in Q1 2022, an 11% YOY gain. Interestingly, sunscreen grew 60% which is likely due to people working remotely in sunnier locations and/or spending more time outside.

Are you helping fuel this growth??
___

Thank you The NPD Group and GCI Magazine.

See full article in the comments.

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