HubSpot: How E.l.f. Saw A 49% Increase in Sales by Focusing On Gen Z

HubSpot just shared a interesting write-up:

Welcome to HubSpot Marketing News! Tap in for campaign deep dives, the latest marketing industry news, and tried-and-true insights from HubSpot’s media team. Is there anything more satisfying than getting a great deal on a more affordable version of a popular product? Fans of the beauty company e.l.f. don’t seem to think so. Founded in 2004, e.l.f. (an acronym for eyes, lips, and face) was created to offer high-quality cosmetics at a low cost. At the time of its launch, most of e.l.f.’s products cost between $1 to $3. In its first decade, the company experienced a period of steady growth, expanding its product line, opening its own retail spaces, and finding some success in digital marketing. But by 2018, e.l.f. was experiencing a plateau in sales, and closed its standing retail stores, priming the brand for a marketing pivot. E.l.f.’s shift to TikTok In 2019, the hashtag #elfcosmetics had

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