The capabilities of beauty brands and the experiences they may offer a customer have been modernized with the introduction of Artificial Intelligence and Augmented Reality technologies to the beauty sector. The use of digital features like visual, aural, or other sensory components to alter a real-world environment is known as augmented reality (AR). By enabling more intricate and complex management of an environment in this virtual world, artificial intelligence (AI) improves this technology. Because it can provide customers with a personalized experience, this technology is proven to be both popular and profitable in the cosmetics sector. This seeks to make consumer buying much more focused and straightforward. In order to meet the needs of a beauty brand and its clients, AI and AR provide various solutions, such as a skincare diagnostic selfie experience or a shade-matching try-on. Brands frequently collaborate with technology firms specializing in AI and AR solutions to deliver these experiences.
Perfect Corp is a firm focused on revolutionizing the beauty sector with AI and AR technology. The goal of Perfect Corp, which works with more than 370 brands like Estée Lauder and MAC Cosmetics, is to revolutionize the reality of today’s beauty industry and how it does business.

Perfect Corp CEO Alice Chang focuses on advanced technologies such as AI and AR virtual try-on experiences, which are helping marketers to establish a seamless omnichannel strategy that offers customers fun and unique experiences that appeal to the current consumer. She believes that implementing these advanced technologies will allow customers to spend more time connecting with a brand in-store or on the brand’s website. What is more, customers tend to find shopping more pleasurable and fun while taking part in interactive virtual shopping experiences. Moreover, this is a massive advantage for them because they can easily find shades that match their complexion. This way, they are sure the purchase will not have to be returned.
Revieve has introduced platforms such as an AI Skincare Advisor, AI Makeup Advisor, and AI Suncare Advisor, among other AI beauty solutions for brands all around the world. Revieve CEO Sampo Parkkinen believes that AI-powered platforms deliver engaging experiences while helping consumers find what they want. They guide them along the buying journey. Other brands in the beauty industry focus on apps with endless filters that make people look nothing like their authentic selves. Revieve has always been far from that. They focus on the user and providing actual value for buyers, not distorting beauty standards because they should be personal to each individual.

Lately, Estée Lauder has introduced customized virtual makeup try-on solutions using AI and AR technology. The beauty business employs this technology, which is powered by Perfect Corp, to provide clients with an AI-driven, augmented reality (AR) experience where they can try on its cosmetics products in-store or online.
According to data from Perfect Corp, Estée Lauder’s Lip Virtual Try-on experienced a conversion rate that was 2.5 times greater than average. In addition, their iMatch Virtual Shade Expert was found to improve brand loyalty.
Similar to how e.l.f Cosmetics increased their online conversion rate from customers by 200% by using virtual try-on technology.
Last but not least, No7 unveiled their new shade-matching AI and AR experience in November 2021. The system collaborates with Perfect Corp to offer consumers a customized range and shade match. An algorithm-based questionnaire used to evaluate the customer’s individual skin needs, foundation preferences, and lifestyle concerns that might affect the skin is the first step in the process, which then matches them with a foundation from the No7 line. The AI Foundation Shade Finder then compares ten million samples from approximately 90,000 different skin tones to the customer’s skin tone in real-time to determine their No7 foundation shade. Customers can instantly virtually try on their match and experiment with shade alternatives once they have been matched with the ideal foundation range and shade for them.

In my opinion, such apps are a great option when it comes to buying makeup online. They had saved me numerous times when I was unsure which shade to choose. However, many of them are still in the process of development, and their quality could be better. You should keep this in mind if you rely entirely on them during your shopping spree.
References:
https://www.perfectcorp.com/business/blog/general/the-5-biggest-beauty-tech-trends-to-watch-out-for
https://www.analyticssteps.com/blogs/3-applications-ai-cosmetic-industry

