Glossier Set to Hit $100M in Revenue as It Takes on Big Beauty

Glossier Set to Hit $100M in Revenue as It Takes on Big Beauty

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

Created by

Quizizz Content

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Emily Weiss, founder of Glossier, discusses the company's growth, consumer trends, and future plans. Glossier has become a major player in the beauty market by leveraging social commerce and direct-to-consumer strategies. The company focuses on building strong customer connections and facilitating word-of-mouth marketing. Despite the rise of e-commerce giants like Amazon, Glossier emphasizes emotional commerce and community engagement. The brand plans to expand internationally while maintaining its unique approach to beauty retail.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial platform that Emily Weiss started before evolving into Glossier?

A beauty blog

A fashion magazine

A YouTube channel

An Instagram page

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Glossier's customers come through word-of-mouth?

50%

60%

70%

80%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant factor in Glossier's revenue model?

New product launches

Repeat purchases

Celebrity endorsements

Retail partnerships

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Glossier differentiate itself from traditional beauty companies?

By partnering with Amazon

By offering the lowest prices

By focusing on direct consumer relationships

By selling exclusively in department stores

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key challenge Glossier faces in the e-commerce space?

Competition from Amazon

Lack of product variety

High shipping costs

Limited online presence

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Glossier's approach to maintaining its brand buzz?

Constantly launching new products

Providing tools for consumers to create their own stories

Aggressive advertising campaigns

Frequent celebrity collaborations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which markets has Glossier already launched in as part of its international expansion?

UK, France, and Canada

Brazil, Mexico, and Argentina

Germany, Italy, and Spain

Australia, Japan, and China