Beauty Store Business

JUL 2013

For beauty business news, beauty store owners turn to Beauty Store Business. Beauty business trends, beauty business profiles and more!

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Meet DermStore's DAN OBEGI Online beauty giant DermStore Beauty Group has grown to the tune of about 800 brands and 26,000-plus SKUs. DAN OBEGI NEVER PICTURED HIMSELF entrenched in the beauty world. But three years ago, while seeking investors for a nutritional supplement start-up company, he walked out of a meeting with a new job—that of president and CEO of DermStore Beauty Group. Beauty ecommerce continues to grow as showcased in studies such as "Beauty and the E-Commerce Beast" conducted in 2012 by A.T. Kearney, which calculated online sales of beauty products at $3 billion and categorized online buyers into three categories: information seekers, online enthusiasts and creatures of habit. In addition, the study noted that the most important features of shopping online are product availability, free shipping and price. DermStore focuses on two out of three of these features, helping to make it a powerhouse in the online beauty realm. Today, Obegi sits down with Beauty Store Business to talk about the growth of the brand since he joined the team, how DermStore connects with its customers and the company's mission to fight product diversion. 68 July 2013 | beautystorebusiness.com Photography by Armando Sanchez by Liz Barrett

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