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 Success Story  Estee Lauder (1908 - 2004)

Creative Entrepreneur Who Changed the Beauty Business

By: Vadim Kotelnikov

Founder, Ten3 Business e-Coach – Your 360 Achievement Catalyst, 1000ventures.com, 1000advices.com, and Success360.com

"I want to show as many as I can reach, not only how to be beautiful, but how to stay beautiful.." – Estee Lauder

Selected Estee Lauder Quotes

  • I was a woman with a mission and single-minded in the pursuit of my dream.

  • The most beautiful face in the world? It's yours.

  • I want to show as many as I can reach, not only how to be beautiful, but how to stay beautiful.

  • Beauty is an attitude. There's no secret. Why are all brides beautiful? Because on their wedding day they care about how they look. There are no ugly women – only women who don't care or who don't believe they're attractive.

  • You may have great inner resources, but they don't show up as confidence when you don't feel pretty.

  • If you don't sell, it's not the product that's wrong, it's you.

  • I have never worked a day in my life without selling. If I believe in something, I sell it, and I sell it hard.

  • When you stop talking, you've lost your customer.

  • Look for a sweet person. Forget rich.

  • To sell a cream, you sold a dream in the early days.

  • I didn't get there by wishing for it or hoping for it, but by working for it.

  • If there is a message at all, it's probably that we have to recognize in ourselves how we feel morally about certain things and make sure we follow that up with our actions.

 

Lauderisms

  • Create your own style.

  • Keep your own image straight in your mind

  • Trust your instincts

  • Find the proper location

  • Act tough

  • You get more bees with honey

  • Keep an eye on the competition

  • Divide and rule

  • Break down barriers

  • Don’t be afraid of the trial-and-error approach

  • Acknowledge your mistakes

  • Write things down

  • When you're angry, never put it in writing

  • Learn to say no

  • Hire the best people

  • Train the best sales force

  • Give credit where credit is due

 

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Brief History

Estée Lauder founded this Company in 1946 armed with four products and an unshakeable belief: that every woman can be beautiful. That simple notion has literally changed the face of the beauty business.

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A classic entrepreneur and innovator who refused to listen to experts, Estee Lauder’s risk-taking mentality and refusal to settle for anything less than the very best changed the world of cosmetics distribution.

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The Power of Vision and Passion

 

Estee Lauder explains the secret of her success simply: “I was a woman with a mission and single-minded in the pursuit of my dream.”

Inspiring Vision

Starting with little more than a dream and passion, through extraordinary ambition, impeccable taste, perseverance, innovative marketing and hard work, this creative visionary became the wealthiest self-made woman in America.

Estee Lauder built a cosmetics empire on the motto, “There are no homely women, only careless women.” By convincing those “careless women” they could become beautiful – with a little help from her products – she took on the giants of the cosmetics world and won.

The Power of Action, Perseverance, and Creative Marketing

"I didn't get there by wishing for it or hoping for it, but by working for it," Estee Lauder often reminded her sales force.

Take Action

This attitude, together with an uncompromising belief in her product and the beauty in all women, made Estee Lauder a most respected household name.

"Those who know her have described Estee Lauder as a woman you simply can’t say no to. Quite often, this is attributed to her irresistible charm. But the real reason Lauder has succeeded where others have failed it that she simply refuses to give up."1

The Power of Customer Care and Hard Selling

Two key elements to Estee Lauder's success were a personal interest in the client and free giveaways.

Estee. Lauder was happiest advising women during her in-store appearances. One of her favorite quotes was "Telephone, Telegraph, Tell-A-Woman," because she knew that once a woman tried an Estée Lauder product, she would love it and share it with her friends.

Explaining her success, Estee Lauder said, "I have never worked a day in my life without selling. If I believe in something, I sell it, and I sell it hard."

Synergistic Selling: 3 Pillars

The Power of Creative Marketing

Selling Through Upscale Department Stores: In what would prove to be an ingenious marketing move, Estee decided to sell her products only through upscale department stores. Her first target was Saks Fifth Avenue. She convinced Saks to place a large order for her skin creams, which the store promptly sold out of within two days. Her success with Saks convinced Estee that she could compete with such cosmetics giants as Revlon, Helena Rubinestein and Elizbeth Arden. She became a persuasive traveling salesperson dedicated to penetrating every fine department store in the United States.1

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 Discover much more in the FULL VERSION of e-Coach

Creative Promotion Strategy...

Creative Marketing Tactics...

Approachable Beauty...

The Power of Touch...

Signature Packaging...

A Great Leader...

 

 

References:

  1. Estee Lauder: The Sweet Smell Of Success, Entrepreneur

 

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