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The Power of Consumer Insights: Enhance Performance and Customer Loyalty with Data

Companies that decode customer behavior across generations unlock competitive advantages and build lasting loyalty

By Melissa Gonzalez · September 26, 2023, 5:00 AM UTCConsumer InsightsElizabeth OatesMelissa GonzalezRetail Influencer Ceo Forum
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Key takeaways

01

Consumer insights that span generational cohorts — from Gen Z to Gen Alpha — give retailers a meaningful competitive edge.

02

Ulta Beauty leverages data holistically to create authentic experiences that foster long-term customer loyalty.

03

Understanding customers beyond transactions — behaviorally and emotionally — is key to shaping the future of the beauty retail industry.

In the latest episode of Retail Refined, conducted at the Retail Influencer CEO Forum 2023, host Melissa Gonzalez explores the transformative power of consumer insights with guest Elizabeth Oates, VP of Consumer Insights at Ulta Beauty. They discuss how data-driven insights can enhance performance, foster customer loyalty, and shape the beauty industry's future. Oates emphasizes the importance of understanding consumers holistically, from Gen Z to the upcoming Gen Alpha, and how Ulta is leveraging insights to create authentic and engaging experiences for all.

Data-driven insights can enhance performance, foster customer loyalty, and shape the beauty industry's future.

About the author

Melissa Gonzalez
Melissa GonzalezTop Retail Voice, Influencer, and Lead Retail Contributor

Industry-recognized influencer, leader, and storyteller in Retail. Lead Retail Industry Contributor at MarketScale. Principal at MG2 Design. Host of "Retail Refined" Podcast. As a global brand and retail experience disruptor, Melissa possess strong proficiency in consumer insights, experiential design, retail technology integration, and brand innovation. During her career, she have created powerful visual narratives through physical spaces, imprinting complex concepts and ideas to consumers in genuine, tactile, and persuasive manners. She have also served as a consumer engagement trendsetter, “pop-up” industry pioneer, and entrepreneur. Melissa founded and launched a consumer experiential design firm that achieved a successful exit, driving initial client wins, monetization, and exponential revenue growth. </br> </br> </br> "Melissa brings both her industry knowledge and an approachable and educational point of view to her interviewing skills. With an authentic style, she facilitates an engaging dialogue, one where listeners can walk away from with tangible insights and thought provokers!" </br> </br> <b>-Jeffrey Roseman, Vice Chairman of Retail at Newmark</b> </br> </br> </br> "What sets Melissa apart is her ability to cut through the noise and provide actionable insights. Whether you’re a store owner looking to revamp your space or a tech enthusiast curious about the next big thing in retail, you’ll find tangible ideas to build on. From seasoned designers to pioneering tech gurus - ensuring that listeners are always engaged with diverse and forward-thinking perspectives. Retail Refined doesn’t just skim the surface; it dives deep into topics that matter. If staying ahead of the retail curve is important to you, start here." </br> </br> <b>-Nate Frazier, Chief Operating Officer of GNC</b>

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About the Experts

MG
Melissa Gonzalez

Host, Retail Refined & Principal, MG2

Melissa Gonzalez is a retail strategist, brand consultant, and host of the Retail Refined podcast on MarketScale. She is a principal at MG2, a design and architecture firm focused on retail environments. Gonzalez is known for her expertise in retail innovation, consumer experience, and emerging generational trends.

EO
Elizabeth Oates

VP of Consumer Insights

Ulta Beauty

Elizabeth Oates serves as VP of Consumer Insights at Ulta Beauty, where she leads data-driven research into customer behavior across generational cohorts. She focuses on translating consumer intelligence into strategies that enhance loyalty and brand engagement. Oates spoke at the Retail Influencer CEO Forum 2023.