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. 
 
                         
            