1. Rapid Market Trend Changes
Consumer demand for cosmetics is heavily influenced by trends, leading to short product lifecycles and the need for quick responses to market changes.
2. Shelf Life Management
Cosmetics have strict shelf lives, and poor inventory management can easily lead to waste.
3. Inventory Management
Significant demand fluctuations can result in either excess inventory or shortages, negatively impacting sales and customer satisfaction.
4. Price Pressure
Consumers are price-sensitive, and intense market competition necessitates reasonable pricing to maintain competitiveness.
5. Complex Product Assortment
A wide variety of products increases management burdens and affects operational efficiency.
6. Diverse Promotional Strategies
The multitude of promotional strategies across different brands complicates management.
7. Membership Management Burden
Handling a large number of members, coupons, and redemptions increases operational workload.