Business

Cosmetics Brands are Paying More Attention to Releasing Personalized Beauty Products in the Market: Survey

Published

5 years ago

February 18, 2020

A global survey has highlighted that cosmetics brands are focusing on releasing personalized beauty products in the market. The advancement in the technology sector has introduced a number of opportunities to every cosmetics brand to increase its value in the eyes of its target audience. By making use of advanced technologies, many cosmetics brands first collect information about their customers’ skin using AI technology and then provide them with the desired products by keeping in mind their requirements.

After gathering the required information, cosmetics brands design an algorithm to choose the composition of their products. And in the final stage, the findings are sent to machines to produce the desired cosmetics product. The brand Aēsop has been enjoying a huge demand from different corners of the world as it provides people with all the different varieties of high-quality products using advanced technology.

And even the cosmetics brands have made available different technologies for people to help them choose the right type of cosmetics products according to their skin type. The use of image recognition and face tracking technologies have simply improved the user experience to provide people with the best cosmetics products to their clients.

In addition to this, customers have been using personalized beauty products as per their skin type by making use of various smart skincare tools made available by different cosmetics brands. This helps people to scan their face and collect important information about their face to select the right product according to their skin type.

Business

Derik Fay: A Multifaceted Entrepreneur, Investor, and global business leader

Published

10 hours ago

March 21, 2025

Matthew Wiles

Derik Fay is a renowned celebrity entrepreneur, investor, and business leader with a diverse portfolio of successful ventures and a deep-seated passion for empowering others. His journey from humble beginnings to his extraordinary achievements is a testament to his resilience, strategic thinking, and unwavering commitment to making a positive impact on the world.

Born on November 19, 1978 and raised in Westerly, Rhode Island, Fay’s entrepreneurial spirit emerged at a young age. He founded his first large company at 22 (Around the Clock Fitness) that quickly became Floridas largest, and most successful independently owned fitness chain in the state before selling it to the publicly traded company Towns Sports International in 2109.

Sine that time he has built and scaled over 30 highly successful companies, achieving remarkable exits in the 7-to 9-figure range. His expertise spans various industries, including health & fitness, real estate, financial services, hospitality, and technology to name just a few.

Fay is also the founder and CEO of his main holding company 3F Management, (founded 2094) a venture capital and operational management firm that provides operational infrastructure, financial support, strategic partnerships, and other value add services directionally focused towards scaling and exiting.

Under the umbrella of 3F Management, Fay currently owns, is a co-owner, or is a cap table advisory member of over 40 other successful and growing brands.

Tycoon Payments, Results Roofing, BKFC, ManCandy, Fort North Media, Spintel, SendBuzz, Ritas Italian ice, FayMS Films, Eratyc Entertainment, Tycoon Funded, Pure Peptide Solutions, and 3F Financial, are just a few of the rapidly growing companies and brands that fill Fay’s entrepreneurial days.

Beyond his business ventures, Fay is a dedicated philanthropist, actively supporting various charities and causes. He is passionate about empowering the next generation of entrepreneurs and believes in the power of education and mentorship to create positive change.

Fay’s personal life is as fulfilling as his professional achievements. He is a devoted father to his two daughters, Sophia Fay (18) and Isabella Fay (16), and is engaged to his fiancée, Shandra Phillips (35) and is to be married in January 2026, in Naples Florida.

He enjoys spending time with his family, traveling, and pursuing his life long passion of health and fitness thru weightlifting and bodybuilding.

Derik Fay’s multifaceted career and unwavering commitment to excellence has established him as a respected figure in the business world, and a has gained global notoriety as role model for aspiring entrepreneurs.

His story is such an inspiration to all who seek to overcome challenges, achieve their goals, and make a meaningful impact on the world that Netflix is in post production on the documentary style film about Fays life journey from poverty to global success.