The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic
"Failure Case Study: Tarte Cosmetics’ Shape Tape Foundation" is part of GlobalData’s Successes and Failures research. It examines the details of and reasons behind the failure of Tarte Cosmetics’ Shape Tape Foundation. It delivers the critical "what?", "why?", and "so what?" analysis to teach you crucial lessons that increase your chances of launching successful products, especially within an oversaturated marketplace.
This case study explores the journey of Tarte Cosmetics’ Face Tape Foundation across its launch, withdrawal, reformulation, and then relaunch. It most prominently addresses the crucial importance of inclusive thinking within the new product development process.
- A portion of Tarte Cosmetics core audience - Millennial females - felt isolated by this launch, which initially lacked an inclusive shade range.
Social media emphasized the shortcomings of the initial product launch, and fueled backlash against the brand, leading to product withdrawal and reformulation.
Reasons To Buy
- Reduce the risk of failure by learning from brands/products that have under-performed: failed innovation can severely impact profit and reputation.
- Understand the relevant consumer trends and attitudes that drive and support innovation success so you can tap into what is really impacting the industry.
- Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.
- Access valuable strategic take-outs to help direct future decision-making and inform new product development.