Nyx success story: how digital marketing has allowed a small brand to become a successful international brand
Like Primark, Nyx is one of those companies which set up their renown thanks to
social media. The brand has already opened four stores in France (Toulouse,
Marseille, Paris, Nanterre) and will carry on opening new stores.
Nyx is an American
make-up brand founded in 1999 by Tony Ko. She started selling her make-up
products within network of makeup artist. While the 2008 crisis was for many a hard time for Ko it was the start
of her business. During the crisis, women who were used to buying their makeup in department stores such
as Sephora begun to buy
them in drugstores. Gradually the brand began to set up its
popularity thanks to its good
quality but also the price of its products. Indeed, Nyx makeup is very affordable.
Digital marketing: Nyx's success key
Over the last few
year, digital marketing has had a bigger place in companies’ marketing strategy.
Indeed, with the development of internet now it
is easier to
promote and advertize product
through the web.
Nyx's main strategy is
based on digital marketing
Nyx's strategy is to
offer inexpensive and good quality products. To implement its strategy the
brand does not
advertise at all. It banks on
the power of social media. Recently, many brands such as Kiko which became
successful thanks to this strategy. These new strategies are changing the
beauty market. Currently, the habits of buying cosmetics are developing and
brands try to adapt to these new habits.
Youtubers : the news
beauty advisors
Today, the place of
social media in daily life is becoming more and more considerable. YouTube is
the perfect example.
In 3 or 4 years, YouTube became a
new way to share opinions about products. Makeup brands saw how much they can
take advantage of these new promotion channel. When Nyx analyzed an increases in sales were due to Youtubers' promotions, they
benefited from that promotion and did not hesitate to contact them for more
promotion or to design makeup.
The power of social
media
Today Nyx is one of the world’s most
famous makeup brands
such as Mac or L’Oréal, whichis surprising since
the brand does not advertise. Nyx’s renown is based on
the power of social media to share contents with
the whole world. Thus, Nyx became known thanks to social media, especially
thanks to YouTube. Gradually, makeup You tubers all over the world started to promote Nyx and the brand popularity increased.
L’Oréal buyout
In 2014, L’Oréal
acquired Nyx for $500 million. This acquisition allowed the brand to develop
even more, mainly because it benefited from L’Oréal's distribution
channels. Since its buyout, the brand
set up in Europe for their fans’ greatest satisfaction.
Nyx is also targeting a new kind of segment called « the digital native ». It
included 15-24 year-old young women born with
the internet. For them, social
media became very considerable when buying makeup products.
New stores concept
However, Nyx has not won
yet since among customers some are still reluctant
on buying online. A study shows that 47% of French were not “ready” to buy
products online. Face with situation Nyx had to
create new innovative stores.
Good quality makeup
at affordable prices
One of Nyx’s forces is to offer
good quality products at affordable prices. This strategy is more and more used
by make-up brands. Among the new brands created over the last few years many used this type
of strategy. They tend to use this strategy because the market has changed.
Nowadays customers want to buy good products at affordable prices therefore
they are more likely to increase their purchases. According to Nyx French
manager the brand claims to be between Kiko, the famous Italian brand and Mac
which offers high quality makeup. Moreover, the brand uses its background to
increase its renown therefore it emphasizes that its products are professional
products.
Today, Nyx benefits
from an international renown thanks to digital marketing.
Hi,
ReplyDeleteWhat a pleasure to read about makeup !
I think NYX has taken a u-turn over the past few years and for the brand to become so popular in France is absolutely stunning.
Digital marketing is definitely what helped the brand implementing that quickly in France (and pretty much everywhere else). I myself first heard about NYX on YouTube as I was watching a beauty related video.
However, nowadays, on YouTube for instance, promoting products (makeup, teas, clothing...) is not what viewers like the most. It appears that some find it invasive and feel like they are being used.
Thank you for your interesting post !
Sarah A.
Hi Sarah,
ReplyDeleteThank for your comment ! Yes, you're absolutely right !
Me too, the first time I've heard about Nyx was on YouTube so digital marketing is very helpful.
Mélinda C.
hate the fact that once an independent company gets bigger, it's going to be purchased. Now l'oreal has two make up brands, Maybeline and Nyx, I'm wondering if those two will compete with each other.
ReplyDeleteHi Liuyi,
DeleteThank for your comment! Me too, I hate that. L'Oréal has already many makeup brands but they keep buying new ones.
Yes, they compete each other but they are from the same group so I think it doesn't matter for L'Oréal.
Mélinda C.
Hi Mélinda,
ReplyDeleteLike Sarah said, what a pleasure to read about make-up for once!
I am a huge fan of NYX cosmetic and I already have a pretty wide range of product. Like you explained in your article, digital marketing and especially YouTube is helping a lot. I also heard of this brand for the first time on Youtube? The thing wih NYX is that for make-up products they are really cheap. Therefore, I was really skeptical about the quality, because you put those products on your face, so if it is bad quality you are going to regret it. And thanks to YouTubers who tasted it I went for it and I don't regret it at all.
But unfortunately in France we don't have access to it in every city...
But do you think for the future they will try something else? For example Kiko which is an Italian brand, they are doing the same prices more or less and they launched quite a lot of exclusive and limited edition product. Something that NYX is not doing for the moment.
Hi Iman,
DeleteThank you for your comment !
I don't know a lot on their next products but I have read articles saying they will keep opening new stores in France.
Pending a Nyx's store in Grenoble you can go to their french website the shipping charges are free from 40€:)
Mélinda C.
Hi Melinda,
ReplyDeleteI liked your article. I found Nyx's strategy very smart and interesting, since youtubers do have a lot of influence on internet users today. They have become prescribers who start trends and help companies make a lot of profit. I personally didn't now about Nyx. Thanks for giving information about the brand!
* I meant "didn't know about Nyx", sorry.
ReplyDeleteHi Melinda, I don't really know much about the brand. However, after reading your article, I would like to try some products to confirm the facts that you have mentioned. I am a big fan of Kiko Make up Milano one of its major concurrent I think. Do you think that NYX is better than Kiko? Which brand you prefer?
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