Budget-Friendly Retailer Cosmetics

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The All-New ASOS Makeup Collection Includes Items Under $20

— September 6, 2017 — Business
As a retailer of fashion and beauty products, ASOS is now venturing into new territory by launching its own ASOS makeup line, which boasts ultra-affordable selections for budget-conscious consumers.

Items like blush, bronzers and lipsticks from ASOS all ring in at under $20, making it easy for consumers to shop for an entirely new and highly pigmented range of makeup products at once. The packaging for ASOS' makeup range embraces a minimalist style, a Millennial pink colorway, as well as a few black accents and whimsically illustrated details.

As much as consumers are often led to believe that they must purchase high-end designer cosmetics to achieve professional-quality makeup looks, several emerging brands are eschewing this notion by creating highly accessible cosmetic collections.

Trend Themes

  1. Affordable Cosmetics — Cosmetics companies can innovate by creating affordable makeup lines for budget-conscious consumers like ASOS' makeup collection.
  2. Minimalist Packaging — Cosmetics packaging can be innovated with minimalist designs and colorful accents like ASOS' makeup line.
  3. Accessible Cosmetic Collections — Emerging cosmetic brands can continue to emphasize accessibility and affordability, as opposed to high-end designer cosmetics.

Industry Implications

  1. Cosmetics and Beauty — The cosmetics and beauty industry can tap into opportunities by innovating affordable cosmetics lines, packaging design, and accessibility.
  2. Retail and E-commerce — Retailers and e-commerce platforms can create their own affordable makeup lines like ASOS and capitalize on the trend of accessible cosmetic collections.
  3. Fashion — Fashion brands can expand their product offerings to include affordable beauty products, such as ASOS' makeup line, to cater to budget-conscious consumers.
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