Anastasia Soare and Bethenny Frankel discuss their inspirational journeys, the challenges in the beauty industry, learning from failures, trends and beauty influencers, and the importance of innovation in creating unique beauty products.
The importance of innovation in the beauty industry and staying relevant by listening to customers and adapting to new trends.
The role of social media influencers and the pressure to keep up with trends in the fast-paced world of social media in the beauty industry.
Deep dives
Innovating in the Beauty Industry
Anastasia Soare, the founder and president of Anastasia Beverly Hills, discusses her journey in the beauty industry. She shares how they started organically on Instagram, following makeup enthusiasts who were doing tutorials and trials of their products. Anastasia talks about the importance of innovation in creating new products and improving existing ones, mentioning their popular Brow Wiz and the recent Brow Freeze innovation. She also mentions their focus on listening to their customers and adapting to new trends to stay relevant in a constantly changing industry.
The Influence of Social Media
Anastasia and Bethenny discuss the role of social media influencers in the beauty industry. They talk about how the landscape has changed with the rise of platforms like TikTok, where videos are short, entertaining, and quick to convey messages. Anastasia highlights the importance of being authentic and providing quality products, while acknowledging that customers are savvy enough to decide for themselves what works and what doesn't. They also touch on the pressure to keep up with trends and navigate the fast-paced world of social media.
Coping with Copycats
Anastasia shares her perspective on copycats and staying ahead in the beauty industry. She emphasizes the importance of innovation and constantly introducing new products. Anastasia discusses how she came up with the idea for contouring kits, which eventually became a trend. She also mentions her philosophy that copying is the biggest form of flattery, but she remains focused on creating original products that perform well and offer the best quality to customers.
Working with Partners and Future Plans
Anastasia talks about partnering with a minority stakeholder to expand internationally and leverage technology and resources. She credits their partnership for helping them grow and bring their products to different markets. Anastasia also mentions that her daughter plays a vital role in the business, particularly in influencer and social media engagement. They discuss the importance of passion, authenticity, and constantly adapting to the ever-changing beauty landscape.
Bethenny and Anastasia reminisce about their inspirational journeys from being broke to where they are now. Find out how Anastasia is innovating the beauty industry with new trends and more! Plus, why we might be able to expect a Bethenny and Brynn business collaboration!