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Indian News


        CONSU MER BEHAVIOU R
        Beauty segment purchase decisions seeing strong

        digital influence: Report



           The beauty products segment in    The report found a large segment   phase itself, which now happens
        India is witnessing a strong influ-  of beauty consumers saying they use   online.
        ence of digital channels on purchase   social media, online videos and on-
        decisions as customers turn to ave-  line search for research to compare   “Even in the offline consumer
        nues like videos, online searches   and consider, and reach their final   journey, online plays a key role as
        and reviews on social media, a joint   decision. It also found that both men   research,  comparisons  and trends
        report by Google, Kantar and WPP   and women showed similar interest   are searched online. Brands need to
        stated.                           and bought an average of nine beauty   make it easy for consumers to access
                                          products every month.             information, to facilitate purchase
           The report noted that there has                                  decisions and gain brand loyalty,”
        been a paradigm shift in how consu-  “Digital consumption is at an    he said.
        mers shop, with increased digital influ-  all-time high in India, and people are
        ence, dynamic content, robust creator   spending an additional two-hours   The report pointed that consu-
        ecosystem and growing online sales.   more online, per week. “With mul-  mers face challenges in their purchase
        The journey of a consumer in terms of   tiple sources of discoverability and   journey like facing difficulty in choos-
        awareness is shifting from TV to digi-  information research, the consumer   ing the right product, deciding on a
        tal avenues, with beauty consumers   purchase journey has become more   product  without brand  experience
        engaging digitally, it added.     complex but shopping has become   and being unable to envision how
                                          more focused and personalised,”   suitable a product is for them. The
           Buying beauty products in India    Google India Group Head, Insights   report also noted that consumers are
        has also become a video-centric    and Partnerships, Mr. Kaushik Das-  increasingly becoming more open to
        affair,  with  YouTube  emerging  as a   gupta said. He added that most of   interacting with new technologies
        beauty advisor and search as a dis-  the purchase decisions take place   including virtual reality, augmented
        covery platform, it said.         in the discovery and understanding   reality and voice assistants.

        U P THE LADDER
        L’Oréal puts an Indian on its global executive

        committee for the first time



           French beauty giant L’Oréal, has  gapore, with effect from January 1,  consumer behaviour and market
        regrouped some of its geographi-  2021. He will report to the company’s  maturity, to enable growth. The North
        cal zones and announced a leader-  global Chairman and CEO, Mr. Jean  Asia zone will regroup Mainland China,
        ship change in its South Asia   Paul-Agon and will leave his current  Hong Kong, Taiwan, Japan and South
        Pacific, North Asia and Africa units,  role as CEO of L’Oréal UK & Ireland.  Korea. A new sub-Saharan Africa
        which puts an Indian on the per-                                    zone has been formed as well.
        sonal care company’s global exe-     Mr. Sharma joined the Indian
        cutive committee for the first time.   unit of L’Oréal in 1994, where he led   The company also announced the
                                          consumer products and professional  creation of a new position of Chief
           Mr. Vismay Sharma, who has been  products divisions. In 2012, he was  Global Growth Officer to which all
        appointed to head the newly-created  appointed Chief Executive for L’Oréal  zone presidents as well as the travel
        SAPMENA (South Asia Pacific, Middle   Indonesia. Since 2016, he has been  retail business will report to. Mr.
        East and North Africa) zone is the  the CEO for L’Oréal UK and Ireland.  Frédéric Roze, currently President of
        first Indian to be nominated to the                                 the Americas Zone and member of the
        company’s global executive commit-   L’Oréal decided to regroup some  executive committee, was elevated to
        tee and will chair the office in Sin-  of its geographical zones based on  this role.
        12                                           Home, Personal & Institutional Care India  November 2020
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