Lipstick Effect

 The “Lipstick Effect” has kicked in, and along with economic data, it is pointing to an economic downturn and possible recession.

 

In beauty circles, the Lipstick Effect is claimed to be the category’s leading economic indicator.

 

Mainly, because in times of economic stress, women will indulge in discretionary purchases that provide an emotional uplift without denting their budget – that item happens to be lipstick and it alludes to recessionary conditions.





Comments

Popular posts from this blog

Critical Thinking, Logic & Problem Solving The Ultimate Guide to Better Thinking, Systematic Problem Solving and Making Impeccable Decisions with Secret Tips to Detect Logical Fallacies Bigrock Thinking

Higher interest rates not lowering interest rates

Global Sea to SK