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Theresa Faith Simapungula
Theresa Faith Simapungula
Beauty Industry Professional | Top 50 under 30 Rising Moguls in Business & Entrepreneurship @SheLeadsAfrica.Org | Owner of Terry Fleek Makeup Artistry
Published Mar 1, 2023
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Rihanna, a Barbadian music icon and a highly successful entrepreneur, with a net worth of over $1.7 billion. A large part of her success comes from to her innovative marketing campaigns, which have helped her build a loyal following and become a billionaire entrepreneur. Rihanna's marketing strategies include building inclusive brands like Fenty Beauty, creating an authentic image, leveraging social media to connect with fans, and collaborating with other brands and influencers. By focusing on these areas, Rihanna has created sustainable and successful businesses and is an inspiration to women in business worldwide - myself included!
Here are 4 ways Rihanna has achieved success in marketing as a businesswoman:
Inclusivity and Diversity
One of the key factors behind Rihanna's success in marketing is her commitment to inclusivity and diversity. She has made it a priority to ensure that her businesses are accessible to people of all skin tones, body types, and backgrounds. For example, Fenty Beauty has been praised for its wide range of foundation shades, catering to people of all skin tones. In the same way, Savage X Fenty has been praised for its inclusive lingerie collections, featuring models of all shapes and sizes. In order to gain loyal customers, a brand must understand its customers' needs.
Authenticity
Rihanna's marketing strategy is based on authenticity and transparency. She has been vocal about her personal experiences and struggles and has used her platform to raise awareness about social and political issues that matter to her. By being authentic and transparent, Rihanna has been able to build a loyal fan base that trusts and respects her. Moreover, she has succeeded in connecting with her audience through her storytelling.
Social Media
Rihanna has also been successful in marketing her businesses through social media. She has a total of 330 millionfollowers across Twitter, Instagram, Facebook, YouTube, Twitch & TikTok. She uses these platforms to showcase her products, engage with fans, and promote her brand's values. Her social media posts are often candid and personal, which helps to connect with fans on a deeper level.
Collaboration
Collaborations have been a critical aspect of Rihanna's marketing strategy and have played a massive role in the growth of her businesses. By partnering with other brands and influencers, she has been able to expand her reach and connect with new audiences. One of her most successful collaborations has been with Puma, where she served as the company's creative director and designed a line of sneakers and sportswear. The partnership was a major success, generating high sales and worldwide recognition for the brand. Rihanna has also partnered with other musicians, and fashion designers to promote her music and brand.
In conclusion, Rihanna's success as an entrepreneur can be attributed to her innovative marketing strategies, which have helped her build a loyal fan base and become a billionaire. Her commitment, vision, and work ethic have led to the growth of her businesses. Her story is a reminder that when we truly understand and connect with our customers, when we are true to ourselves and transparent in our actions, and when we partner with others to boost our message, we can achieve our wildest dreams. Rihanna's journey is a testament to the power of perseverance. She is an inspiration to so many people a sign of hope that anything is possible!
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Masindi Sigama
PR | Strategic Brand Communication | Brand-Builder | Digital & Social Media Marketing
1y
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Love this read! It’s really the simple elements on marketing alongside execution that gears up a brand
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