You have been thinking of having a career in packaging goods and cosmetics, but you are unsure if it's the right decision. Different questions keep popping into your head about how promising the career is and comparing it to other alternatives.
The package goods and
cosmetics career is expected to have a five percent increase over just nine
years. You can be one of them, and no one pushes the other over the edge in
this sector.
You should know crucial
things before getting into the package goods career. They will help you know
where to specialize, how to go about easy growth, and other considerations that
will shape your job on this path.
The information in this
article will include how well you will be paid, how interesting the job is, how
stressful it is and other interesting this you want to know.
What Are Package Goods And Cosmetics?
Packaged goods and
cosmetics are called FMCG (Fast Moving
Consumer Goods). This product includes items that are easily and quickly
bought. Examples of such products are Cosmetics, packaged foods, toiletries,
and beverages. An easy way to identify such goods is when they are affordable.
This type of product has
its boundaries regarding who uses those products. Fast-moving consumer goods
are only meant for consumers. Any product that is used in producing other
products or will not be consumed immediately after purchase cannot be
classified as a fast-moving consumer product.
You might want to know the
in-depth meaning of cosmetics and why it is added to packages goods. Cosmetics
are chemical compositions used to make your appearance better. The wide variety
of cosmetics made it a sister market to packaged goods. It is logical to call
it a part of the FMCG since it is consumed immediately.
What Can We Call Product Development Cosmetics?
Discussing product
development cosmetic is a regular topic when package goods and cosmetics is
mentioned. This is discussed because it is the very part that shapes how
cosmetics are made for customers.
Product development
involves research workers who focus on creating new cosmetics and skin care
products to suit customers' demands. Without the incremental creation of
cosmetics, it will be challenging to venture into the cosmetics part of FCMG.
Possible Income In Package Goods Cosmetics Career?
The "Fast Moving
Customer Goods" industry is very large and dynamic. What often determines
the pay is the kind of job you settle for. However, most jobs in the Package goods
/cosmetics industry are reputable and professional ones. It would be
insensitive to conclude on a general number.
The company where you work
as a package goods/cosmetics staff matters. You cannot compare the pay of
Unilever to an upcoming beauty care company. However, the average amount a
beauty care worker gets is $65000, and other fast-moving customer product
workers have an average of $7000.
Top 7 Jobs to Consider in Package Cosmetics Career
Dermatologist
A dermatologist treats and
takes care of the skin, hair, and nail. A dermatologist is also a certified
medical practitioner. You must study and get a license before becoming a
dermatologist. Dermatologists are paid an average of $360000 per annum.
AVP Marketing
Assistant Vice President of
Marketing is a crucial position that works with the whole marketing team to
find and implement strategic plans. These plans are volatile regarding packaged
goods and need constant watch. AVP marketers are paid an average of $110,000.
Director Of Global Innovation
The director of innovations
has the job role of overseeing the incremental development of packaged
products. They work with human resource tasks and everything needed to make
products more appealing to customers. They are paid an average of $280,000.
Product Development Engineer
Agencies often regulate
cosmetics and other packaged products. Meeting this regulation while achieving
products in accordance with market analysis is done by the product development
engineer. They have an average pay of $100,000
Digital Marketing And Business
Analytics Managers.
Digital marketing helps the
product reach a larger audience through the internet. Digital marketers are
paid an average of $5000. Business analytics helps shout the essential data for
scaling a business/product forward. They are paid an average of $80,000.
Development Executive
The development executives
are responsible for increasing sales by convincing clients to buy more and
sourcing new customers. They earn an average of $100,000 per annum. Merchant
In package goods/cosmetics
These merchants are called
packaging suppliers. They resell packaged products and cosmetics to consumers.
It is not easy to get the average income they earn. Their earnings are based on
how large their market has gotten.
Soft Skills Needed
Package Goods and Cosmetics Industry.
Apart from your degree and
whatever necessity you might have gotten to secure a career in packaged goods/
cosmetics, you must know there are some skills every worker in the packaged
goods sector must have. They are referred to as soft skills.
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Below is a list of those
skills:
● Interpersonal communication
● Find and solve problems
● Time management
● Teamwork
Top 7 Cosmetics Product Developers.
1.
L'Oreal.
L'Oreal is a french based
cosmetics company that has existed since 1909. The advantage of early existence
and constant research and development has pushed the company to be one of the
best cosmetic options in the world
L'Oreal has managed to have
some renowned products all over the world. They are:
● Maybelline New York and
● Garnier
These products include
color cosmetics, skincare, sun care, fragrances, and hair care. Those sectors
have made billions for the company.
2.
Unilever.
Unilever is a conglomerate
that has invested in many sectors, including cosmetics and food. The company is
a perfect description of FMCG investors. With their years of experience, they
are one of the top specialists in the industry.
With several successful
cosmetics companies, Unilever has been able to leave its footprint in the
cosmetics industry. Below is a list of products that set Unilever as part of
the big ten.
● AXE
● Dove
● Lifebuoy
● Ponds
● Close-UP
● TRESemme
● Suave
● Sunsilk
● Vaseline
3.
Estee Lauder.
Estee lauder is one of the
most competitive cosmetics companies. It has created a lot of standards where
others had to level up. The company has aged well since 1940 and has put its
experience to good use for growing the company.
Estee Lauder has built 25
different brands in over 100+ countries. Based on these achievements and
expansion, they can be grouped as one of the best producers in the industry.
They have also diversified their cosmetics to many sectors, like skincare and
color cosmetics.
4.
Procter And Gamble.
Procter and Gamble extended
their cosmetics gesture to kids. They offer different body care for babies and
adults. The company is currently in the United State. P&G is well known for
its prevention and protection products.
A few of the brands that
orchestrated from them are:
● Pampers
● Gillette
● Oral-B
There are a lot of other
subsidiaries under Procter and Gamble.
5.
Coty.
Coty is a French-American
cosmetics company based in New York. The company rose to join the league of
strong cosmetics brands through acquisitions. Coty acquired several unicorn
cosmetic companies that had future potential.
Coty owns popular brands
like:
● Adidas
● Clairol
6.
Shiseido.
This Japanese company
started as a pharmaceutical company before moving into cosmetics. Shiseido was
able to make waves since it was the first western-modern pharmacy in Japan.
They are now into the production of makeup, skincare, fragrance, and other related
products.
Beiersdorf.
Beiersdorf is another aged
company that has made it to the top ten list. The company is present in a lot
of countries around the world. It's a German company that manufactures and retails
its products to customers by itself.
Retailing their products by
themselves is a strategy used to avoid piracy. The strategy also secludes
Beiersdorf users from other cosmetics customers. A unique product by Beiersdorf
is Nivea.
7.
Johnson & Johnson.
Your baby has probably used
one Johnson & Johnson product while growing. Although J&J is still
referred to as a pharmaceutical company, it has gained prowess in cosmetics.
Johnson and Johnson have
most of its product for babies and baby care. Johnson’s baby product is one of
the company’s most popular products.
FAQs
Which sector makes the most money in FMCG?
Body care is by far the sector generating the highest
revenue.
Do I need to attend college before working in the package product industry?
Your role would determine that. However, It is advisable
to get your degree regardless.
How competitive is the package product industry?
The package product industry is highly competitive.
Can
I create a new packaged product?
Of course, the industry accommodates new ideas.
Are
services part of packaged product and cosmetics industry?
Some services are part of the packaged product industry.
Conclusion
Now you know everything to
know about building a career in FMCG. You must know that, in reality, nothing
comes easy. For those starting a company or as staff in any organization, you
must be strong and have enough perseverance to move into the next stage.
It's a lucrative and creative field, nevertheless, having a passion for it is essential.
