DSN: Amazon is projected to be the largest beauty retailer by 2025. What implications does that have for communities and community building?
SD: I think there’s a few things to point out. There’s the increase in affiliate links, which has to do with communities. So influencers are able to build and curate communities and then direct them to Amazon to purchase beauty products, et cetera, via affiliate links and then make some sort of commission because of those links. And so that’s an aspect that really drives sales for Amazon, and that is due to the community that these individual influencers are able to create.
And I think that it’s really often that the creators are able to earn some sort of trackable amount of money based on the amount of people that they are encouraging to go out and purchase a product based on their recommendation. Now the problem is that sometimes the product sold on Amazon can be inauthentic. So if you’re being led to an Amazon link, you might not necessarily be getting your product from the source you think you’re getting it from, and it may not be the authentic version of your product.
I’ve seen it a lot as I’ve gone down the rabbit hole of, for example, sunscreen. That’ll be like the most important thing because that’s a product that has to go through testing in order to get an SPF clearance. You have to go through different regulating bodies, so if you’re buying a counterfeit sunscreen it’s significantly worse than buying a counterfeit body wash.
A body wash is just supposed to clean you. A sunscreen is supposed to give you a level of protection and make you more secure from sun cancer or whatever the case may be. So that is an issue sometimes with larger retailers where there are less regulations on the actual products being listed on the platform and whether or not they’re coming from the actual retailer that you think they’re coming from. That can have a negative impact on the communities that are looking for those products.
DSN: What role, if any, can [Beautycon] play in supporting regional and local retailers?
SD: For us, events are our bread and butter. And so I would love to partner with brick and mortar stores and to do events there. I think that is definitely a way Beautycon can support smaller stores via content, social media, takeovers and different types of partnerships. There are so many different ways for us to support stores.
We are definitely a brand and a company that is interested in promoting small businesses and discussing how the landscape has changed for small businesses, especially post-COVID.
DSN: What does the future hold for Beautycon and how do you plan to expand?
SD: We plan to expand in every way, shape and form. We actually just launched our Beauty Confidentials program. And we’ve had an overwhelming amount of support for that so far.
I’m very excited about that. It’s basically a brand ambassador program where we partner with micro influencers that we’ve sourced through our social media and larger brands to produce content. So I’m super excited about that and super excited to build that out to actually be a very substantial leg of this business. I feel like it would be pretty unexpected and pretty unique. I’m a big ideas girl, so I’m constantly innovating and coming up with new ways to make the business what it needs to be in order to support the community that it has to grow and reach new communities and new audiences. So I think the future is limitless. I’m super excited that we’ve got so many things that we’re working on and so many things that we’re reshaping.