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BEAUTY APPS
PRESENTED BY:
ABHISHEK THAKUR(02)
ADESH KUMAR(03)
KAMLESH PORUA(23)
MUDITA MANDAL(35)
PRIYA JAISWAL(46)
SHAMBHAWI(58)
SNEHA NAGAR(67)
VISHAL SWAMI (82)
About the Case
• Meitu has over 15 photo-editing apps — have been downloaded on 1.2 billion
devices across the world.
• “At present, all handset makers are looking to include Ailed beauty mode in their
camera phones,”
• men contribute to over 40% of their user base. Experts says the market size for
such apps at ₹100 crore in India.
• Meitu’s India journey started in July 2016 with the launch of BeautyPlusMe, now
rebranded as Plus Me. It’s a 3x lighter version of Meitu’s flagship photo-editing
app, BeautyPlus, and meant for users in tier-2 and -3
• Marketing beauty apps in India is a challenge, “They’ll use it in private and abuse it
in public.”
• Most of these apps spend next to nothing on customer acquisition
Cont.
• Meitu has failed to turn in a profit in the decade since its launch in China. It did
reduce its losses to $7 million last year, down 91% compared to the previous year
• Meitu is also banking on its second app Makeup Plus to kick-start monetization in
India.
• French cosmetic products chain Sephora has seen a 30% conversion rate for users
who try products through its Virtual Artist app
• Meitu is also banking on its second app Makeup Plus to kick-start monetization in
India.
• French cosmetic products chain Sephora has seen a 30% conversion rate for users
who try products through its Virtual Artist app
Market
• Market Size – 100 Cr.
• Instagram – 95 million/day photos posted
• Facebook – 1 lac / min photos posted
• 50% of users edit their photos before posting these online.
• User base
Meitu – 100 million
youcam – 15 million
pics art – 23 million
• 42% of Indian population uses internet.
• 320 million internet user in urban and 210 million internet user in
rural area.
• These app have the way of doing business in the beauty industries.
Components of Value
• Benefits
• Image benefit (association with celebrity )
• Brand Ambassador - Figure of authority
• Cost
• Psychic Cost is reduce by upgrading the app by including
new features.
• Effort and time Cost are reduced by making the app very
user friendly and available across various platform.
• Customer Engagement
• Emotional Bond
NEEDS GOAL AND MOTIVATION
• NEED - Acquired need.
• GOAL - Product specific goal.
• MOTIVES - Emotional motives.
• MOTIVATION - Negative motivation.(figure of authority)
• Maslow need hierarchy theory – Social Needs.
PERSONALITY
• FREUDIAN THEORY - ID
• HORNEY’S THEORY(THE CAD) - Compliant
• TRAIT THEORY -
INNOVATIVENESS-High
DOGMATISM-Open minded
NEED FOR UNIQUENESS-Low
OPTIMUM STIMULATION LEVEL-Low
SENSATION SEEKING- Low
VARIETY OR NOVELTY SEEKING- Low
PERCEPTION
• Beauty app remain in the differential threshold
• People tend to use beauty app but do not go public about it
• People post edited photos of themselves but want their friends to
believe that “this is how I woke up”
• Aspect of perception
Selection – Motives (Marketer targets customer who are
obsessed about their looks)
Organization – Figure and ground
Interpretation – Stereotypes (Fairness implies to beauty)
Classical Conditioning
Photo Editing
Beautiful
picture
Meitu
Learning
• Process - Intentional (active)
• Stimulus Generalisation- (line extension and form extension)
• Level of Involvement- High
• Cognitive Learning
• Extensive Problem Solving
• Learn-Feel-Do
Perceptual Map
New
Technology
Traditional
User Friendly
User Hostile
Beauty
APP
Photoshop
SEGMENTATION
• Generation
• Silent Generation
• Baby boomers
• Gen X
• Gen Y
• Gen Z
• Millennials
• Personality
• Compulsive
• Gregarious
• Authoritarian
• Ambitious
TARGETING
Generation
• Generation Y
• Generation Z (1994-2012)
• Millennials (2012 - present)
Personality
• Gregarious
Positioning
• CFR – Industry Level
• Point of parity(POP) – Photo editing()
• Point of difference (POD) – easy to use and user friendly
• Reference group – Friends and Relative
Type of Innovation
• Dynamic Continuous Innovation
Product Features
• Relative advantage
• Compatibility
• Complexity
• Trialability
• Observability
Beauty Apps Consumer Behaviour

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Beauty Apps Consumer Behaviour

  • 1. BEAUTY APPS PRESENTED BY: ABHISHEK THAKUR(02) ADESH KUMAR(03) KAMLESH PORUA(23) MUDITA MANDAL(35) PRIYA JAISWAL(46) SHAMBHAWI(58) SNEHA NAGAR(67) VISHAL SWAMI (82)
  • 2. About the Case • Meitu has over 15 photo-editing apps — have been downloaded on 1.2 billion devices across the world. • “At present, all handset makers are looking to include Ailed beauty mode in their camera phones,” • men contribute to over 40% of their user base. Experts says the market size for such apps at ₹100 crore in India. • Meitu’s India journey started in July 2016 with the launch of BeautyPlusMe, now rebranded as Plus Me. It’s a 3x lighter version of Meitu’s flagship photo-editing app, BeautyPlus, and meant for users in tier-2 and -3 • Marketing beauty apps in India is a challenge, “They’ll use it in private and abuse it in public.” • Most of these apps spend next to nothing on customer acquisition
  • 3. Cont. • Meitu has failed to turn in a profit in the decade since its launch in China. It did reduce its losses to $7 million last year, down 91% compared to the previous year • Meitu is also banking on its second app Makeup Plus to kick-start monetization in India. • French cosmetic products chain Sephora has seen a 30% conversion rate for users who try products through its Virtual Artist app • Meitu is also banking on its second app Makeup Plus to kick-start monetization in India. • French cosmetic products chain Sephora has seen a 30% conversion rate for users who try products through its Virtual Artist app
  • 4. Market • Market Size – 100 Cr. • Instagram – 95 million/day photos posted • Facebook – 1 lac / min photos posted • 50% of users edit their photos before posting these online. • User base Meitu – 100 million youcam – 15 million pics art – 23 million
  • 5. • 42% of Indian population uses internet. • 320 million internet user in urban and 210 million internet user in rural area. • These app have the way of doing business in the beauty industries.
  • 6. Components of Value • Benefits • Image benefit (association with celebrity ) • Brand Ambassador - Figure of authority • Cost • Psychic Cost is reduce by upgrading the app by including new features. • Effort and time Cost are reduced by making the app very user friendly and available across various platform. • Customer Engagement • Emotional Bond
  • 7. NEEDS GOAL AND MOTIVATION • NEED - Acquired need. • GOAL - Product specific goal. • MOTIVES - Emotional motives. • MOTIVATION - Negative motivation.(figure of authority) • Maslow need hierarchy theory – Social Needs.
  • 8. PERSONALITY • FREUDIAN THEORY - ID • HORNEY’S THEORY(THE CAD) - Compliant • TRAIT THEORY - INNOVATIVENESS-High DOGMATISM-Open minded NEED FOR UNIQUENESS-Low OPTIMUM STIMULATION LEVEL-Low SENSATION SEEKING- Low VARIETY OR NOVELTY SEEKING- Low
  • 9. PERCEPTION • Beauty app remain in the differential threshold • People tend to use beauty app but do not go public about it • People post edited photos of themselves but want their friends to believe that “this is how I woke up” • Aspect of perception Selection – Motives (Marketer targets customer who are obsessed about their looks) Organization – Figure and ground Interpretation – Stereotypes (Fairness implies to beauty)
  • 11. Learning • Process - Intentional (active) • Stimulus Generalisation- (line extension and form extension) • Level of Involvement- High • Cognitive Learning • Extensive Problem Solving • Learn-Feel-Do
  • 13. SEGMENTATION • Generation • Silent Generation • Baby boomers • Gen X • Gen Y • Gen Z • Millennials • Personality • Compulsive • Gregarious • Authoritarian • Ambitious
  • 14. TARGETING Generation • Generation Y • Generation Z (1994-2012) • Millennials (2012 - present) Personality • Gregarious
  • 15. Positioning • CFR – Industry Level • Point of parity(POP) – Photo editing() • Point of difference (POD) – easy to use and user friendly • Reference group – Friends and Relative
  • 16. Type of Innovation • Dynamic Continuous Innovation Product Features • Relative advantage • Compatibility • Complexity • Trialability • Observability