Kylie Jenner Lip Kit
2016 NEW FAD!! (Taste)
Kylie Jenner Lip Kit
People from all around the world are eager to get their hands on the new matte Kylie Jenner lip products. Every week, Jenner restocks her website with all of the lip colors she has to provide, and within minutes, the products are sold out! As consumers are demanding more lip kits, Jenner and her team are frantically working to make more products.
Kylie Jenner Lip Liner
Complementary Good
Since business has been booming for the Kylie Jenner lip kit, Jenner decides to come up with a product that consumers can buy to enhance their lip kits. On February 23, Jenner released her new line of lip liners to go with her lip kit. Buyers are going crazy trying to get their hands on this new product!
Revlon Superstay Lipstain
(Substitute)
Consumers from all over the world are spending tons of money on Jenner's lip products. Starting at $40 per tube, could be a little on the pricey side for some consumers. However, people are starting to find a substitute drug store product that will be an alternative to Jenner's very expensive lip kit. The "Revlon Superstay Lipstain", is a substitute that people are buying over Jenner's brand name products.
Rise in Lip Kit Sales
(Income - Normal Goods)
The government is starting to raise minimum wage, and more workers from all over the world are getting a raise in income. People are starting to be a little looser on spending their money. Therefore, Jenner's lip products are getting a spike in demand.
Decrease in Lip Kit Sales
(Income - Inferior Goods)
Due to a bad economy, businesses are starting to lay off hundreds of employees, and lowering income. People are now starting to tighten up their wallets, and watching what they spend. So instead of spending 40$ on Jenner's very expensive lip products, people are buying drug store lipsticks instead.
Hundreds of People Move into New Homes
(Population)
A new neighborhood in Calabasas, California has just recently opened up. Hundreds of new, wealthy families are starting to move into these homes, creating a bigger business for Jenner. Now that there are more consumers in Jenner's area, the lip kits are selling faster than they have been online!
Jenner Lip Kit Sale
(Expectation)
Kylie Jenner has gotten herself into some charity organizations, and not only is she going to donates 5% of the lip kit profits to a children's organizations, but she has also reduced the price of her product for a short time. Consumers are eagerly waiting to get their hands on the cheaper Jenner name brand product!