In a polarized climate, e.l.f. Beauty partners with companies like Target that may have different public stances on issues like DEI. CEO Tarang Amin focuses on aligning on core business values—like customer service and ethics—rather than demanding perfect ideological agreement, enabling broader partnerships and avoiding polarization.
e.l.f. achieved a workforce that is 76% women and 44% diverse by fostering an open culture, not by implementing quotas. CEO Tarang Amin considers this composition, which mirrors their customer base, their single biggest competitive advantage, proving that authentic representation can be a direct result of company values rather than forced initiatives.
To accelerate innovation, e.l.f. Beauty's CEO holds product review meetings open to any employee. This radical transparency ensures the company moves at 'e.l.f. speed' and leverages insights from team members who represent their core community. It prioritizes collective intelligence and agility over traditional corporate secrecy.
CEO Tarang Amin joins TikTok Live sessions where customers directly demand new products. This real-time feedback validates demand instantly and creates urgency, allowing e.l.f. to slash development timelines. For one product, they cut the cycle from a planned 18 months to just six in direct response to community pressure.
e.l.f. tailors its distribution strategy to each retailer's unique audience without diluting its core brand. For Dollar General, it serves 'beauty deserts' in rural areas, bringing in new cosmetic shoppers. This illustrates how a brand can maintain a consistent identity while adapting its channel strategy to capture entirely different market segments.
e.l.f.'s core strategy isn't just affordability; it's the democratization of high-end beauty. The company intentionally identifies top-performing prestige products, re-engineers them with an 'e.l.f. twist,' and offers them at a dramatically lower price point. This creates incredible value and disrupts the market from the bottom up.
To highlight the lack of diversity on corporate boards, e.l.f. launched a provocative ad campaign titled 'So Many Dicks, So Few of Everyone Else.' The campaign noted that more board members are named Richard, Rick, or Dick than represent entire underserved populations. This bold, humorous approach generated 98% positive sentiment, demonstrating how to tackle serious issues in a culture-shaping way.