The Mecca Effect: Why Sephora Can't Compete in Australia
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Description
Australia's beauty market flew under the radar until Jo Horgan changed everything by launching Mecca in 1997. By the time Sephora arrived in 2014 to claim its share, it was far too late. But how did Mecca build such a stronghold in the Australian market, why did Sephora take so long to set up shop? Plus, we deep dive into the latest TikTok fixation of which retailer offers more value. We take a look at the data to understand, objectively, which is truly more popular. That and so much more in today's episode! If you enjoyed this episode subscribe to the newsletter for all the latest beauty insights and data. Otherwise, you can check out Barefaced on Instagram and everywhere else here. Key Figures: Only 41.2% of Sephora’s US brands are available at Sephora in Australia.45.6% of Sephora’s US brands are available at Mecca in Australia.61% of Mecca’s brands are exclusives.76.8% of beauty revenue in 2023 was generated offline (Statista). This is projected to decline by 4.9% by 2027. Analysing 2,500 Reddit comments for each search term revealed: "Mecca Beauty loop" has a 61.2% positive sentiment and 16.1% negative sentiment"Sephora Beauty Insider" has a 56.7% positive sentiment and 23% negative sentiment"Sephora Australia Beauty Insider" has a 48.4% positive sentiment and 21.1% negative sentiment Hosted on Acast. See acast.com/privacy for more information. Get full access to barefaced at barefaced.substack.com/subscribe
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