Discovering And Monetizing Value Of A New Cosmetic Ingredient| Pipette & Chart
The cosmetic and care product market is highly saturated and competitive. To succeed on this type of market with new brands, having a genuine vision of the strengths of your brand is a must. It’s not enough to have high quality product; you also need to align your products with the interests and values of your target customers. Furthermore, your communication needs to be developed based on the core differentiators of your brand. Developing innovative products will give you the competitive edge to keep your brand at the forefront of the market.
Our client had launched a new brand of cosmetics targeting the luxury audience. He needed to increase the added value of his products to fulfill the expectations of his clients who demand high-quality and tried and tested effectiveness. Furthermore, he needed to increase the potential of his core active ingredient through a deep understanding of its features.
We proposed a holistic approach to the brand based on scientific evidence to increase the prestige of his brand and to differentiate his products from competitors. The project was broken down into different stages. First, we analyzed the analytical composition of his core ingredient and base of the output, identifying the top potential applications in skincare, i.e. restoring barrier skin, antioxidant effect, anti-aging etc.
Secondly, we performed a literature review on the medical and dermatology scientific databases to select the most effective active ingredients and their concentration with proven experimental data on the desired effect. We also researched the best synergies of active ingredients to develop high-tech formulations. This allowed us to develop highly targeted products with different features which can be communicated using strong claims from researchers at top organizations.
The final step involved integrating this knowledge within his communication strategy, thus allowing his customers to appreciate the scientific effort behind the brand. For more information on this topic you can read our case study “Market your innovation with content that resonates with the public”.
The client obtained a portfolio of high-tech skincare products with specific features supported by the most recent scientific evidence which boost the value of his brand, and help him be perceived as the top high-quality innovative brand that he truly is. Each prepared formulation was followed by a report to communicate the product’s effect: what the active ingredients are, how they work, and the evidence behind them. Within this comprehensive approach, his brand was able to obtain this important competitive edge, and secure the uniqueness of his products.
We also bring to life the skincare base products of the brand. The client benefited from the Pipette & Chart innovation network to fabricate cosmetic products using high-tech ingredients, and develop new partnerships.
If you would like to develop Science-based care products and to add high-value to your brand, we will be happy to discuss this with you and help you in your innovation process.
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