Dollar General launched a new private label skincare line that will be available under its Believe Beauty brand that launched in 2019 to offer affordable products.
The line will consist of 11 different products priced at five dollars or under. The new line will be available on over 17,000 Dolar General stores as well as online before the end of July. The products are also vegan and cruelty-free. The products do not contain parabens, phthalates, mineral oil, petroleum or animal products.
"Following our customers' positive reception of our Believe Beauty brand that first launched in 2019, we are excited to introduce new skincare products that encompass both the quality and affordability customers trust from Believe," said Amanda Wilson, the Dollar General senior buyer of beauty care.
Private Label Skincare Launches
Dollar General Has a New Line with All Items Under Five Dollars
Trend Themes
1. Affordable Skincare - The trend of affordable skincare can drive innovation in creating high-quality yet budget-friendly products that appeal to a wider consumer base.
2. Private Label Brands - Private label brands are becoming a growing trend and offer opportunities for retailers to create their own unique products that cater to their target audience.
3. Vegan and Cruelty-free Products - The trend towards vegan and cruelty-free products presents opportunities for companies to create innovative and sustainable skincare products that align with consumer values.
Industry Implications
1. Retail - The retail industry can benefit from creating private label skincare brands to meet the growing demand for affordable and high-quality beauty products.
2. Beauty - The beauty industry can innovate by focusing on creating innovative and sustainable skincare products that cater to the growing demand for vegan and cruelty-free products, especially in the budget-friendly category.
3. E-commerce - E-commerce companies can leverage the trend of private label skincare and affordable beauty products by creating exclusive partnerships with retailers and providing their customers with high-quality, but affordable products.