Abstract
In this article, key factors that contribute to the successful diffusion of sustainable innovations are explored in the cosmetic industry. Through case studies and surveys, obstacles and challenges facing cosmetic companies that either start as a sustainable cosmetic company or decides to include sustainable cosmetics in its product portfolio are discussed. Suggestions for those companies to not only survive but also thrive in an already saturated cosmetic product industry are provided. They include strategies that help cosmetic companies to better integrate sustainability into the core of their business strategies and managerial operations. Based on insights gained from the literature review and case studies, three main successful factors-customer education, company image building, and establishing strategic alliance are identified and illustrated in details.
| Original language | English (US) |
|---|---|
| Title of host publication | 2018 IEEE Technology and Engineering Management Conference, TEMSCON 2018 |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| ISBN (Electronic) | 9781538620472 |
| DOIs | |
| State | Published - Oct 9 2018 |
| Event | 2018 IEEE Technology and Engineering Management Conference, TEMSCON 2018 - Evanston, United States Duration: Jun 28 2018 → Jul 1 2018 |
Publication series
| Name | 2018 IEEE Technology and Engineering Management Conference, TEMSCON 2018 |
|---|
Other
| Other | 2018 IEEE Technology and Engineering Management Conference, TEMSCON 2018 |
|---|---|
| Country/Territory | United States |
| City | Evanston |
| Period | 6/28/18 → 7/1/18 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
Keywords
- Cosmetic industry
- Sustainable innovation
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