CVS SKINCARE MARKET ANALYSIS

CUSTOMER RECORDS: ~556,000 | DATES: 1/2020 TO 10/2023

DATA SOURCES: CVS, AMAZON, TARGET, SEPHORA, ULTA, WALMART, WALGREENS


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Demographic Analysis

ANALYSIS SUMMARY

CVS

  • Gen-Z CVS shoppers highly appreciate sunscreens that keep their skin glowy and hydrated, even willing to splurge on quality.

  • Skincare products meant for daily use, specifically those for nighttime routines, are praised for their noticeable effect on dryness reduction.

  • Clay and mud masks with added benefits, such as AHA properties, are well-received, becoming a trusty staple in Gen-Z customers' routines.

  • Tatcha Indigo Overnight Repair Cream Treatment is highly praised for calming Rosacea and hydration.

  • Glow Recipe Plum Plump Hyaluronic Serum is a customer favorite, known for its effectiveness on redness and being lightweight.

  • Customers admire the lightweight and hydrating properties of products, implying a demand for non-greasy formulas.

  • Gen-X consumers overwhelmingly appreciate receiving skincare gifts, indicating opportunities for promotional campaigns.

  • "Love this product" indicates high customer satisfaction — emphasize top-rated products in marketing materials.

  • "Gentle and effective" comments highlight products' effectiveness without causing irritations — a key selling point for sensitive skin products.

  • Many Gen-Z CVS shoppers report negative reactions to skincare products, citing breakouts, greasiness, and severe allergic reactions.

  • Products that are heavily promoted on social media tend to raise high expectations, but often disappoint in actual performance and smell.

  • Despite negative experiences, some products still garner praise, indicating a product's quality might vary greatly between individuals.

  • Customers find issues with product consistency, particularly with respect to formula changes and product quality.

  • Some products face issues with packaging and spillage, leading to consumer dissatisfaction.

  • Despite certain drawbacks, there are high praises for fragrances, the efficacy of products and appreciation for limited edition items.

  • Customers find the effectiveness of skincare products underwhelming, indicating need for formula improvement.

  • Many users are not satisfied with recently changed formulas, suggesting preferences for previous formulations.

  • Although some positive reviews are noted, products are often deemed overpriced for the quality offered.

CONCEPTS BASED ON INSIGHTS

CONTENT IDEAS

 

Content Direction 1

GenZ

Test Content: "Unleash Your Glow with CVS"

  • Content Strategy: Create a social media campaign featuring tutorials on achieving radiant, youthful skin using CVS products.

  • Strategy: Gen Z shoppers appreciate products that enhance skin appearance, particularly those that make skin glow and look younger.

 

Content Direction 2

Millennial

Test Content: "Simplify Your Skin Care with CVS"

  • Content Strategy: Use targeted ads to promote a curated line of CVS’s no-fuss, essential skincare products aimed at Millennials looking for effective, straightforward solutions.

  • Strategy: Millennials express dissatisfaction with new formulas not meeting expectations, highlighting a desire for simple, reliable products. This campaign focuses on the effectiveness and simplicity of CVS’s offerings.

Content Direction 3

GenX

Test Content: "See the Difference with CVS"

  • Content Strategy: Feature before-and-after results of real customers who have used CVS products, highlighting the immediate and noticeable improvements.

  • Strategy: Generation X has expressed a need for products that show immediate and significant changes. This campaign leverages real customer experiences to demonstrate the efficacy of CVS products, directly addressing this demand.


Amazon


Sephora


Ulta


Walgreens


Walmart