The Estée Lauder Companies: 4 lessons learned by an iconic brand about consumers in digital era

  • 📰 CNBC
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Estée Lauder: 4 lessons learned by an iconic brand in the digital era

Michael Smith, chief information officer at the Estée Lauder CompaniesEstée Lauder's MAC Shanghai Store meets the needs of digitally-savvy Gen Z consumers through online experiences via WeChat technology and real-time influencer recommendations in-store via social media.The cosmetics giant also hosts an annual ELC Hackathon as a way for its IT team to rethink problems.

Given the growing trend of personalization and customization, we leverage many different technologies to customize our packaging, consumer experiences, retail offerings and more. For example, at our MAC Shanghai Store, our IT team used differentiated retail marketing to seamlessly communicate and converse with digitally-savvy Gen Z consumers, deliver extra in-store and online experiences via WeChat technology and provide real-time influencer recommendations in-store via social media.

At The Estée Lauder Companies, we have working relationships across our global IT organization, but also with other teams across our brands and regions especially because technology is so integral to every part of our business.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to know if your company's digital initiatives are on the path to success - Business InsiderTech chiefs should think about outcomes apart from just financial impact. Morgan Stanley, for example, weighs whether any behavioral changes occurred.
Source: BusinessInsider - 🏆 729. / 51 Read more »