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Here’s What Happened During the Earned Summit, Tribe Dynamics’ First Virtual Conference

Here’s What Happened During the Earned Summit, Tribe Dynamics’ First Virtual Conference

On Wednesday, Tribe Dynamics hosted the Earned Summit, our first ever virtual digital marketing conference. In this one-day global event, we brought together over 25 thought leaders and industry experts across beauty, fashion, finance, and manufacturing for 16 illuminating panel discussions, fireside chats, and research deep dives. Didn’t get to tune in? Don’t worry, we’ve got you covered! Below, we highlight a couple of our favorite discussions, and we’ve also included the video links to all 16 sessions so you don’t miss a single one.  

Highlight #1: How Have Your Marketing Strategies Evolved in the Last 90 Days? 

Panelists: Mina Chae (Farmacy Beauty), Toto Haba (Benefit Cosmetics), Susan Kim (Huda Beauty)
Moderator: Conor Begley (Tribe Dynamics)

 

 

These beauty industry heavyweights discussed how their marketing strategies have changed in response to the coronavirus outbreak, including keeping up-to-date with both global news and influencer content to ensure the most informed and thoughtful marketing approach. They’re also promoting social good campaigns and relief efforts, and shifting launch schedules to focus on products that can be worn “above the mask.” All of the panelists noted that refocusing energy on their own e-commerce and DTC channels in response to brick-and-mortar retail closures is key, and Mina of Farmacy Beauty especially emphasized the importance of humanizing your brand during this time, like shifting from sharing polished and professional content on their site and social channels, to highlighting the more real and raw UGC from consumers and employees alike to drive more authentic connections. 

“Now is the time to stand up and tell the world who you are as a brand, outside the pretty packaging and pictures.” —Mina Chae, VP of Marketing and Consumer Engagement at Farmacy Beauty 

Highlight #2: Understanding the Changing Digital Landscape: From TikTok to IGTV

Panelists: Kory Marchisotto (e.l.f. Cosmetics), Claudia Soare (Anastasia Beverly Hills), and Somer Tejwani (Too Faced)
Moderator: Jenny Fine (WWD)

 

 

In this talk, we learned how the onset of the coronavirus has sparked a digital acceleration in beauty and an explosion in creative social media activity. Panelists revealed how their brands are continuing to drive engagement across their key platforms, including using Instagram Live (IGTV) to pull back the curtain on the people behind the brand, from executives to field team members, sharing both lighthearted, personal content as well as educational makeup tutorials. The group also dove into their brands’ innovative strategies for TikTok: E.L.F., a beauty pioneer on TikTok, remixed its popular #EyesLipsFace TikTok campaign into a public service announcement, #EyesLipsFaceSafe, to engage Gen Zers by putting a fun spin on a serious subject. The main takeaway? Understand your unique audience and their expectations on each social platform (Instagram, YouTube, TikTok), then intentionally tailor your brand’s content to best suit each platform—while still maintaining an authentic and consistent brand message across all social channels. 

“You truly have to treat each platform as an independent unit and ensure that you’re customizing your content to what the audience not only wants to hear from you on that platform, but how they engage with that platform.”  —Kory Marchisotto, CMO of e.l.f. Cosmetics 

Highlight #3: Compassionate Leadership 

Panelists: Amanda Baldwin (Supergoop!), Scott Sassa (Milk Makeup), and JuE Wong (Olaplex)
Moderator: Jenny Fine (WWD)

 

 

We could all learn from this panel: senior executives from some of today’s hottest beauty brands discussed how to lead your brand team—with compassion—during these unprecedented and challenging times. JuE Wong of Olaplex shared the importance of trusting employees and giving them the autonomy to do their work well, while also making sure to always be there to support if needed, and to be empathetic to their personal and professional struggles at this time. The executives also gave tips on adapting their leadership styles to meet the individual needs of their direct reports, as well as to account for the changing state of the world: communicate (constantly) in a clear and sensitive manner; encourage employee feedback; and preserve and foster a creative and supportive company culture. 

“I define my leadership style as customized. I believe that my style should be reflective of the individuals that I’m leading and has to be super flexible, so thinking about what might have worked in person in a “boom boom” time is going to take a different flavor right now.”—Amanda Baldwin, President of Supergoop!

Catch up on the other 13 discussion topics below! 

Panel: Current Investment and Acquisition Landscape

  • Panelists: John Bailey (Knox Lane), Blythe Jack (TSG Consumer Partners), and Shaun Westfall (Jefferies)
  • Moderator: Brit McCorquodale (Tribe Dynamics)

Research: Taking Stock With Teens, a Collaborative Gen Z Insights Project

  • Presenter: Erinn Murphy (Piper Sandler)

Fireside Chat: Areas of Opportunity Within the Skincare Market

  • Sarah Henry (Tatcha) in conversation with Brit McCorquodale (Tribe Dynamics)

Research: COVID-19’s Impact on Influencer Marketing

  • Presenters: Taylor Masket (Tribe Dynamics) & Christina Vasiliou (Tribe Dynamics)

Panel: Getting Off the Ground: Best Practices For Launching Your Own Consumer Brand

  • Panelists: Moiz Ali (Native Deodorant), Nancy Twine (Briogeo), and Maria Hatzistefanis (Rodial) 
  • Moderator: Elizabeth Marvin (Ipsy) 

Panel: The Role of Community in Building and Maintaining Brand Equity

  • Panelists: Jedd Rose (Topo Designs), Jamie Starr (The North Face), and Michelle Wahler (Beyond Yoga)
  • Moderator: Chantal Fernandez (Business of Fashion)

Panel: How to Build Long-Term Relationships with Brands and Talent

  • Panelists: Jodi Balkan (Bold PR), Jacquie Tractenberg (Tractenberg & Co), and Ashley Villa (Rare Global)
  • Moderator: Ben Staveley (Tribe Dynamics)

Research: Growth is Good, but Retention Builds Empires 

  • Presenter: Conor Begley (Tribe Dynamics)

Fireside Chat: Executive Retail Leadership During Difficult Times

  • Jill Granoff (Eurazeo) in conversation with Erinn Murphy (Piper Sandler)

Fireside Chat: Lessons Learned From Founding to Acquisition to Exit

  • Moiz Ali (Native Deodorant) in conversation with Stephanie Wissink (Jefferies)

Research: Global Trends with Tribe Dynamics

  • Presenters: Catherine Kulke (Tribe Dynamics) & Alex Rawitz (Tribe Dynamics)

Fireside Chat: Acquisition Amidst the Shifting Publishing Landscape

  • Brian Sugar (Group Nine Media) in conversation with Quincy Smith (Code Advisors)

Panel: From Innovative Manufacturing and Distribution to a Winning Customer Experience

  • Panelists: Allison Hill (PIMS), Lorne Lucree (Voyant Beauty), Joe Martin (Boxycharm) 
  • Moderator: Stephanie Wissink (Jefferi
Read More

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“Working with Tribe Dynamics over the past 5+ years has been a true partnership in every sense of the word. The sophistication in their data is unmatched in the industry, and the level of insight in their analysis has become indispensable for any marketer in the beauty space today. They’re truly best-in-class.”

Mehdi Mehdi, VP Digital & eCommerce,
NYX Professional Makeup

“Working with Tribe Dynamics over the past 5+ years has been a true partnership in every sense of the word. The sophistication in their data is unmatched in the industry, and the level of insight in their analysis has become indispensable for any marketer in the beauty space today. They’re truly best-in-class.”

Mehdi Mehdi, VP Digital & eCommerce,
NYX Professional Makeup