Experiential marketing strategies used by luxury cosmetics companies

  • Received December 27, 2021;
    Accepted January 28, 2022;
    Published February 8, 2022
  • Author(s)
  • DOI
    http://dx.doi.org/10.21511/im.18(1).2022.05
  • Article Info
    Volume 18 2022, Issue #1, pp. 49-62
  • TO CITE АНОТАЦІЯ
  • Cited by
    8 articles
  • 2835 Views
  • 938 Downloads

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License

The evolving needs of the consumers in the luxury cosmetic segment require the firms to pique consumer interest. This forces the firms to keep their focus on providing superior quality products and, at the same time, creating a memorable experience. The study is undertaken to provide a better understanding of experience through emotions. This study aims to investigate the strategies of experiential marketing used by luxury cosmetics companies for influencing consumer perception. Thus, the current study examines empirical studies selected using PRISMA guidelines to formulate a critical review of prevailing literature to arrive at the findings of the study. The results show that strategies such as free samples and exclusive distribution influence the probability of usage of products and cater to consumer expectations of exclusive approaches. In addition, the strategies of the online community, gift promotion, flagship stores, service from experts, and showbiz marketing can be used to create a meaningful brand experience. The brand image creation, stories associated with design, innovativeness, and product exclusivity enable the impactful contribution of experiential marketing. Thus, companies using immersive experience through technology should implement strategies like virtual shopping or event marketing for targeting consumers. In conclusion, the strategy of e-word of mouth using various social media platforms, event marketing, and storytelling have been identified to shape the feeling and experience of a consumer to influence attitude towards online shopping and maintain their engagement after a purchase.

view full abstract hide full abstract
    • Table 1. Strategies of experiential marketing used by luxury cosmetics companies
    • Conceptualization
      Rati Dhillon, Bhawna Agarwal, Namita Rajput
    • Investigation
      Rati Dhillon
    • Software
      Rati Dhillon
    • Validation
      Rati Dhillon, Bhawna Agarwal, Namita Rajput
    • Writing – original draft
      Rati Dhillon
    • Methodology
      Bhawna Agarwal, Namita Rajput
    • Supervision
      Bhawna Agarwal, Namita Rajput
    • Writing – review & editing
      Bhawna Agarwal, Namita Rajput