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What is premiumization in the beauty and personal care market?

Premiumization often involves cultivating an air of exclusivity around your launches. You can do this by offering limited-edition releases, collaborations with renowned artists or designers, and exclusive partnerships with influencers or celebrities.

This exclusivity not only adds a collector's appeal but also creates a sense of urgency and desirability among consumers for your products. This drives demand for your product lines and reinforces your premium positioning.

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