Ax The Pink Tax: How European Wax Center Is Standing Up For Female Consumers Across America Ax The Pink Tax: European Wax Center Stands Up For Women Across America By the time a woman turns 30, she’s been robbed of $40,562 just for being a woman. Every year, a woman spends approximately $1,351 more than a man for simple products including t-shirts, personal care items, and services because of inflated pricing, known as the Pink Tax. It’s egregious! The Pink Tax first came to my attention just last year, and I was beyond astonished to hear that this “buried tax” exists. The Pink Tax is yet another daily hurdle for women that prevents them from gaining control of their money and more importantly, their life. Once I knew about the Pink Tax, I immediately wanted to educate myself on the topic because it didn’t make sense that women pay more for products targeted to women and make less money than men on top of it. (In 2017, women earned 82% of what men earned according to a Pew Research Center analysis of median hourly earnings of both full- and part-time workers in the United States.) In my research, I learned that the Pink Tax starts showing up early in life with baby bottles and pacifiers and continues through adulthood with dry-cleaning and many personal care products like shampoos, conditioners, and deodorants. It even applies to senior healthcare products. I thought, why should a pink cane marketed to women cost more than a different colored one sold to men? I was outraged, and as the President of Marketing & Product Development at European Wax Center, a beauty lifestyle brand that serves thousands of women across the country at our centers daily, I was inspired to do something. I started by telling friends just to see their reactions and gauge awareness around the Pink Tax. They shared my astonishment and were horrified how this could be going on right under our noses. This also became a time to reflect on my own successes and challenges in my professional career. I’ve had many successes fueled by my passion, determination, and ability. However, I’ve also faced many challenges head-on because of roadblocks in my way, often specifically because I am a woman. Let it be known I have never been put off by being “the only woman in the room” because I’ve always seen myself as a skilled professional rather than a person defined by gender. However, along the way, there have been many misperceptions about me, including my ambitions and aspirations, just because I am a woman. I am a fervent believer in equality. Period. It is a strong belief of mine that society suffers when one group is disadvantaged because of being labeled or treated as “less than.” The Pink Tax impacts each and every woman in the U.S., forcing us to pay more for basic necessities, for the mere fact of being a woman. It’s time to raise awareness about this type of inequality that women unknowingly face every day. European Wax Center decided to take the lead because we believe that with awareness comes the ability to make educated decisions and purchases. Enter #AxThePinkTax – our first ever and award-winning campaign. As a woman-centric brand, European Wax Center wants to give its voice to issues that matter. On April 2, 2018, we set out to raise mass awareness and education about this issue, inspire women to make more empowered purchasing decisions and to advocate for equal prices for equal products. We exist to help women feel unapologetically confident, and we want all women to feel they can be confident not only in their own skin but also in demanding a leveled playing field. By further educating ourselves, we discovered women pay more than men 47 percent of the time for the same products and services. This can be seen in the results of a study by the New York Department of Consumer Affairs “From Cradle to Cane: The Cost of Being a Female Consumer,” that compared nearly 800 products from more than 90 brands. This study found a striking price difference in items marketed to women. To start, female-branded deodorants and razors cost more 56 percent of the time, and on average, women pay 7 percent extra for everyday products and services. For example, women pay an average of $2.71 more than men on shampoo. One of the pervasive aspects of the Pink Tax is that it’s not easy to find out about the price differences unless you’re looking for it. The onus is on the consumer, which is disconcerting because if you don’t know about the Pink Tax, you don’t know to look for it. Here are a few more facts that demonstrate how the Pink Tax impacts our lives from birth through adulthood: Girls’ toys cost more 55 percent of the time, while boys’ toys cost more only 8 percent of the time. On average, the largest price discrepancy was in helmets and knee/elbow pads, with girls’ versions priced 13 percent higher. Girls’ clothing cost more 26 percent of the time, while boys’ clothing cost more 7 percent of the time. Girls’ items cost more in seven of nine clothing product categories. Women’s clothing cost more 40 percent of the time, while men’s clothing cost more 32 percent of the time. The clothing product category that had the largest price difference by percent was women’s shirts, which cost 15 percent more on average than men’s shirts. Senior/Home healthcare products cost more for women 45 percent of the time and cost more for men 13 percent of the time. For example, women’s braces, on average, cost 15 percent more than men’s. Appalled at these statistics, we created a 360-campaign including in-center, film, print, digital, and social media (including a pink brow filter on Snapchat!) all driving to AxThePinkTax.com – a website designed to educate and insight – that launched in April 2018. Throughout April, we introduced other ways to raise awareness, such as giving 13.51 percent of one product or service in all 700 of our centers across the country. Women also had the opportunity to have their brows highlighted pink in center. One of the best ways for us to help others understand this issue was to lean heavily on social media where others are sharing their own surprise, outrage, and gratitude for learning about the Pink Tax Courtesy of European Wax Center X Refinery 29 Campaign In partnership with Refinery29, we live-streamed an #AxThePinkTax panel discussion with activist and actress Danielle Brooks of “Orange is the New Black,” speaker and blogger Mama Cax, co-founder of Her USA Babba Rivera, and founder of Ladies Get Paid, Claire Wasserman. We also wanted to do our part in helping to level the playing field for women. As a brand that was doing so well, it was a moment to also do good for others. We joined forces with the Fashion Institute of Technology, Girls In Tech and Beauty Changes Lives to support women in realizing their dreams and to give them as much advantage as possible along the way. Our 2018 campaign made a lot of headway in generating awareness of the Pink Tax, but there is so much more to be done. And we’re just getting started! We are already in the midst of planning out 2019 #AxThePinkTax movement. I encourage everyone to use their knowledge of unfair gender pricing to help avoid the Pink Tax, but in many instances, that is easier said than done. There is value and hope in a consumer movement, that includes both men and women, who through their voices and actions show others that the road to long-term profitability and loyalty is through gender-neutral pricing. To learn more about the Pink Tax, visit www.axthepinktax.com. Sherry Baker Sherry Baker, is currently the President of Marketing and Development at European Wax Center. Sherry Baker’s reputation as one of the world’s premier marketers of beauty, fashion and luxury brands has been built on one spectacular success after another. From her earliest days at Colgate-Palmolive, Revlon, and Unilever, Sherry’s powerful combination of strategic insight, marketing innovation, and executional excellence has been the currency of her brand building successes including: the premier celebrity fragrance, Elizabeth Taylor’s Passion. In the 1990’s, Baker’s branding success would continue at an incredible pace. First, as President of Swarovski Jewelry. Later, as President of Halston Borghese international. And in 1998, Baker revolutionized beauty retailing in America by launching Sephora, as the LVMH Company’s World Wide Vice President of Marketing. Sherry’s success did not go unnoticed. And in 1999, the venerated fashion retailer Victoria’s Secret recruited her for its Victoria’s Secret Beauty. Over the next six years, first as VP Marketing and ultimately as President, Baker’s strategic and creative leadership built the Victoria’s Secret Beauty brand into a nearly $1 billion dollar business. Then turning her attention to developing markets, Sherry worked with the Brazilian giant Natura as President, International Marketing/Retail, but the aggressive growth plans she put in place were stalled by the 2008 economic crisis. She remained in Brazil building luxury beauty and retail brands until 2012. This unexpected economic turn of events, plus her desire to return to the U.S., landed her in a new position as President of Marketing and Product Development for European Wax Center (EWC). Baker, seeing the potential in EWC, put together a high energy marketing team and worked her usual lifestyle magic to help take this new brand to the next level in beauty branding. Baker, in conjunction with the founding family of EWC, helped create a momentum that has made this company one of the fastest growing brands in beauty retail services.