By StyleWatch
Updated May 03, 2010 09:30 PM

Peter Kramer/AP

After being announced as the newest face of CoverGirl on Friday, Taylor Swift tells PEOPLE exclusively about what led her to her most gorgeous gig yet. “I love makeup,” she says. “When I go on stage, I get to play with my look and try on all kinds of different colors — try red lips tonight, purple eyeshadow tomorrow. You get to play around with all these different characters, and I think that’s one of my favorite things about makeup — you can put on a new character.” But when it came to her first-ever campaign as a CoverGirl, the singer wanted to just be herself. “I wanted to sort of show how makeup can play up your natural features. It’s not about changing how you look. I feel like I still look like myself, and that’s exactly what I hoped for.” And while Taylor’s fans might look to her for style pointers, the singer admits that she’s doing the exact same thing with them. “I’m a big people-watcher,” she says. “When I see a girl walking down the street wearing a really cool necklace or an outfit that’s put together in a way I wouldn’t have thought of, it’s inspiring to me. Also, girls come through my meet and greet lines every night wearing dresses or outfits I love. That’s really my favorite way to be inspired by fashion.” But she does have her go-to designers. “On the road, I love wearing sun dresses. Some of my favorite things to wear are by Alice + Olivia, Rebecca Taylor, Betsey Johnson, Anthropologie, and Urban Outfitters.” As for whether she has plans to continue designing, the singer admits: “I’m not planning on a fashion line right now. I’m really wrapped up in recording and writing my next album, so I’ve only taken on a few extra things lately. I love fashion and dressing up for red carpets, but I want to wait until I have enough time to dedicate to something like that.” –Katherine Kluznik Rentmeester