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Articles by Rohit
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May Lindstrom & Kate Solomon on "What Beauty Founders Don't Know"| How to avoid false starts|Jump reco for Olaplex
May Lindstrom & Kate Solomon on "What Beauty Founders Don't Know"| How to avoid false starts|Jump reco for Olaplex
By Rohit Banota
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Sandra Velasquez & Suzanne LeRoux on "What Beauty Founders Don't Know|Tip to improve cash flow|#1 Pricing Mistake by Beauty Founders
Sandra Velasquez & Suzanne LeRoux on "What Beauty Founders Don't Know|Tip to improve cash flow|#1 Pricing Mistake by Beauty Founders
By Rohit Banota
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Amy Gordinier & Emily Doyle on What Beauty Founders Don't Know|4 Retailer Product-Pitch Strategies|8 Pricing Mistakes
Amy Gordinier & Emily Doyle on What Beauty Founders Don't Know|4 Retailer Product-Pitch Strategies|8 Pricing Mistakes
By Rohit Banota
Contributions
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Here's how you can anticipate market trends and customer needs by employing strategic thinking.
Deep dive to understand how the core problem you are solving is going to evolve, what are the underlying drivers impacting the problem evolution and how those drivers will further get driven, hindered etc. by market, cultural, tech advancements, etc.
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What do you do if your brand strategy is not fostering a positive and inclusive team culture?
Back to your purpose and (mainly) values, which together form your core ideology. Purpose & values are not created but are a discovery process, and is a top-down process. Purpose is the reason for existence, values are non-negotiable, guiding principles that stand the test of the time.For an inclusive culture, have inclusivity as one of your core values to percolate it throughout. Define inclusivity with case studies & examples for the leadership team first, get alignment. Then, evaluate where the next layer of leadership is placed on the inclusivity scale. Do for top 2-3 layers. Do 1:1 sessions and workshops for them. Evaluate rest of the employees, educate on the gap and culture fit forward. Hire, reward & fire based on principles.
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You're struggling to manage your brand. What are the best ways to become more adaptable?
The biggest gap I see in brand management is three fold. First, I rarely see the distilling down of all the analysis, data and information to the core issue that the brand faces. Brands do consumer, channel, competition, category, company and culture analysis but then come up with a laundry list of surface level issues and in the same vein, second gap, create a laundry list of initiatives and tasks without refining all the issues down to one singular issue to then create a strategy. The singular issue can be multi-pronged but simple & clear. The last & the most challenging, is being on brand every time and that’s possible if the brand idea or promise is at the center & applied to every touch point. Continuous review & improvement is key.
Activity
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Beauty Founder, frustrated by your investor outreach? - Struggling to find the right investors for your beauty venture in North America? - Tired of…
Beauty Founder, frustrated by your investor outreach? - Struggling to find the right investors for your beauty venture in North America? - Tired of…
Liked by Rohit Banota
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🥁 … Unilever’s first half results are in! Quarter on quarter improvement in volume and strong gross margin (GM) improvement. Our Power Brands…
🥁 … Unilever’s first half results are in! Quarter on quarter improvement in volume and strong gross margin (GM) improvement. Our Power Brands…
Liked by Rohit Banota
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Beauty Founder, frustrated by your investor outreach? - Struggling to find the right investors for your beauty venture in North America? - Tired of…
Beauty Founder, frustrated by your investor outreach? - Struggling to find the right investors for your beauty venture in North America? - Tired of…
Shared by Rohit Banota
Experience & Education
Licenses & Certifications
Volunteer Experience
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Volunteer Associate
Snehadeep-Institute for the blind
- Present 12 years 11 months
Education
Snehadeep is an NGO based at Bangalore that helps blind children learn skills to earn a living. Skills range from operating a computer to pursuing a management degree.
Currently, it is participating in "spark the rise" contest organised by Mahindra Group. Please call 02261850395 from your mobile phone to vote. The call is free of cost. You will get a confirmation message post your call.
Publications
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Celebrity Beauty Brand Strategy Analysis and Recommendations
Which celebrity beauty brand strategy and positioning is the most profitable and successful?
Celebrity beauty brands encash fame into fortune. Fenty beauty did close to $600 million in 18 months of launch. Kylie Cosmetics was valued at $1.2 billion when Coty bought a stake in it, and KKW Beauty sold out a 20% stake to Coty for $200 million, valuating the brand at $1 billion.
I decided to deep dive into some of the better-known celebrity beauty brands. The article has in-depth…Which celebrity beauty brand strategy and positioning is the most profitable and successful?
Celebrity beauty brands encash fame into fortune. Fenty beauty did close to $600 million in 18 months of launch. Kylie Cosmetics was valued at $1.2 billion when Coty bought a stake in it, and KKW Beauty sold out a 20% stake to Coty for $200 million, valuating the brand at $1 billion.
I decided to deep dive into some of the better-known celebrity beauty brands. The article has in-depth observations and analysis of the strategies of celebrity beauty brands with their challenges and recommendations for the way forward.
Also analyzed are the celebrity’s motivation to launch a beauty brand within the matrix of their social followership(awareness) and the innovation level of their brand ideas -
Clubhouse Monetization, Beauty Brands and Content
Clubhouse monetization has all the content creators, including those in beauty, excited in anticipation. The app introduced the tipping option for 65K users a couple of days back, but that’s just the start of the various monetization options to be rolled out by the app, as stated by the co-founder, Paul Davison, during Clubhouse Townhall.
The tipping option is the right step in understanding the kind of content and format that gets the most tips, paving the way for future monetization…Clubhouse monetization has all the content creators, including those in beauty, excited in anticipation. The app introduced the tipping option for 65K users a couple of days back, but that’s just the start of the various monetization options to be rolled out by the app, as stated by the co-founder, Paul Davison, during Clubhouse Townhall.
The tipping option is the right step in understanding the kind of content and format that gets the most tips, paving the way for future monetization models.
Clubhouse has a magic zone(read about it on my other article), a room with a high speaker: listener ratio and engagement on stage, a conversation format that the app wants to drive.
The article covers two possible business models, with the magic zone at the center, and their impact on content creators’ profitability and strategic options. -
Prestige Versus Luxury Beauty Branding
Prestige and luxury beauty branding isn’t the same. These terms are used interchangeably even though substantial difference exists between the two.
According to Professor Bernard Dubois and Sandor Czellar’s published paper in 2002 on luxury brands vs prestige brands, “Prestige is based on unique human accomplishment inherent to the brand whereas luxury refers to the benefit stemming from refinement, aesthetics and a sumptuous lifestyle.”
Luxury need not be prestige and vice versa even…Prestige and luxury beauty branding isn’t the same. These terms are used interchangeably even though substantial difference exists between the two.
According to Professor Bernard Dubois and Sandor Czellar’s published paper in 2002 on luxury brands vs prestige brands, “Prestige is based on unique human accomplishment inherent to the brand whereas luxury refers to the benefit stemming from refinement, aesthetics and a sumptuous lifestyle.”
Luxury need not be prestige and vice versa even though the ideas usually are not mutually exclusive.
I have combined Professor Dubois/Czellar’s research with that of Professor Franck Vigneron/Johnson’s research to create a new framework shown below, both describing and distinguishing between prestige and luxury brands. -
How The Pandemic’s Recessionary Pressures Shape Beauty Consumers
Beauty Independent
COVID-19 has ushered us into an incredibly uncertain time without an existing model to follow. The pandemic has caused fear, isolation, government lockdowns, unemployment, and extreme changes in consumer behavior resulting in demand surges for merchandise in a few essential categories like hygiene, home, personal care and groceries.
At StorySaves, the consultancy I lead, we applied findings from an in-depth consumer survey and beauty brand founder interviews we conducted to rubrics…COVID-19 has ushered us into an incredibly uncertain time without an existing model to follow. The pandemic has caused fear, isolation, government lockdowns, unemployment, and extreme changes in consumer behavior resulting in demand surges for merchandise in a few essential categories like hygiene, home, personal care and groceries.
At StorySaves, the consultancy I lead, we applied findings from an in-depth consumer survey and beauty brand founder interviews we conducted to rubrics established in the Harvard Business Review article How To Market In A Downturn by John Quelch and Katherine E. Jocz that was published in April 2009.
Courses
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Behaviour Design Grid-BJ Fogg
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Consumer Behaviour
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Creating and Executing Market Based Strategy
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Dynamic Pricing
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Financial Management
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New Ventures
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Project Management
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Services Management
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Standing Ovation Model-Scott E Page
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Strategic Leadership
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Strategy
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User Interface Design and Implementation
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Honors & Awards
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Initiative Execution Excellence Award
P&G
For Best execution of initiatives on new brands
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Most Productive Team Award
P&G
For team with the highest number of productivity champions across India
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Circle of Excellence
P&G
Received for excellent performance in sales and distribution because of customising P&G's distribution model from its earlier businesses to the professional business.
Organizations
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IEmpowered-A success coaching organisation
Volunteer Associate
Designed and conducted training programs for students and CXOs alike along with mentoring a team of six associates.
Recommendations received
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