Our continued existence as a species depends on the sale of lip-gloss. Every marketer lately seems to be blogging about the 'Lipstick Index'. You know, the idea that when the economy takes a dive sales of cosmetics invariably climb. They say it’s due to a realignment of priorities and values, the desire for small luxuries when the big ones are out of reach. They say that we as marketers should exploit this opportunity. Not only does this strike me as overly simplistic, it's sexist.
Let's view this through the lens of evolutionary theory 101. Many women would agree that the stock market isn't the only thing that's flaccid these days. Males in our society have been emasculated by the distraction that is our current economic situation. It's affecting their sex drive. The female of the species, because her sexual needs aren't being met, attempts to increase her desirability in an instinctual effort to ensure the survival of the species, hence the bullish outlook in the rouge market.
You could also view it another way. Where the female is increasing her desirability and signaling her availability to other suitors. It's a back-up plan - in case her mate loses the ability to 'bring home the bacon'. Again, the survival of the species is assured, happy endings indeed.
Much like the US Constitution and Maslow's hierarchy, Darwin's theory has been tested under load. It's one of our society's beautiful constructs and tests of truth. It's a handy, and useful tool when trying to determine root causes. Often, we need look no further than to our cousins in the animal kingdom to find analogous behaviour, and inspiration.
So, long story short: Lipstick will save humanity, and, as always, sex sells. -Luis V