Preview

Revlon Inc.Docx

Satisfactory Essays
Open Document
Open Document
370 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Revlon Inc.Docx
Mission statement of Revlon

Revlon Inc. mission is to emerge as the leader in cosmetic and personal care throughout the world. Revlon takes pride in manufacturing the top skin care and strives to please young and older woman alike.

Vision statement of Revlon

Revlon Inc. Vision is to satisfy the needs of their customers with glamour and excitement that they provide at an affordable price.

http://wiki.answers.com/Q/What_is_Revlon%27s_vision_and_mission_statement

SWOT analysis
Strengths
• Revlon is the major player in cosmetics, skin care, fragrance and personal care products. It has long history of 75 years.
• Famous brand especially among the women’s.
• Despite of heavy debt and net losses from last few years. Product development is the main focus area for Revlon.
• Strong research and development.
• Revlon products are sold in more than 100 countries.
• Revlon 43 percent sales are from United States market.
• It has been supporting several health programs for Women.
• Advertising is one of the key areas for Revlon.
• Revlon aims to provide quality products.
• Distribution channels are well managed that the reason Revlon products are used in more than 100 countries of the world.

Weaknesses
• Weak financial position due to net losses and heavy debts.
• Cutting down number of jobs reduce employee trust on the Company.
• Continuous changes in the Organizational Structure may impact the performance for employees.
• Besides advertising other marketing areas are the weak.
Opportunities
• Revlon is currently facing financial problems so joint ventures or partnership with other players in the industry may open the doors of new opportunities.
• Utilize all marketing methods to promote its products; it will help to boost the sales of the company.
• Develop products for male segment.
Threats
• Intense competition with major players of the industry including Procter & Gamble, Unilever, L’Oreal,
• Rapid changes in fashion may require

You May Also Find These Documents Helpful

  • Good Essays

    Proctor and Gamble

    • 831 Words
    • 4 Pages

    The company chosen to demonstrate the marketing mix has been a leader in the industry for many years as well as an innovator in product advertising design. Starting out as a soap and candle manufacturer, more than earned their place in the market place. The company is Proctor and Gamble (P&R) and their earliest beginnings are rooted in strong family tradition and humility from the early 1800s. The Proctor and Gamble of today is far different than the founding company operating in a global marketplace, in 140 countries, distributing their products and services to consumers two billion times a day.…

    • 831 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Park Avenue Skin Care

    • 2574 Words
    • 11 Pages

    Park Avenue Skin Care was founded in 2000 with the knowledge that there was a growing demand for all-natural skincare products around the world. The company was started by dermatologists, plastic surgeons and chemists that worked together to develop top quality, plant-based skincare products under the company name Park Avenue Skin Care. The idea behind the company was to allow skin to stay fresh and young while delaying the natural aging process in a growing population. Park Avenue Skin Care has grown and now markets over 500 products designed to provide the best formulated product to prevent and treat signs of aging. In addition, it also targets a broader consumer base with a strong appeal to a younger generation encouraging them to take care of their skin now. The company identifies itself with all natural products and being “green,” not only for the environment, but for the health of its clients as well. Park Avenue Skin Care believes in innovation, capturing trends, and creating brands that enhance the lifestyles of its customers.…

    • 2574 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Avon's Anew Competition

    • 592 Words
    • 3 Pages

    Avon 's products face intense competition (2010), from companies like L’Oreal, Estee Lauder and Revlon, in all of its markets from both global and regional mid-end brand personal care products. To combat competition and improve brand recognition in US and global markets, Avon launched a Turn-around Plan in 2005 that included strategic initiatives to…

    • 592 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Elizabeth Arden made her passion known by revolutionizing the world of cosmetics, converting merchandises into necessities for the commercial consumer and establishing a flourishing international business. Her industry trick ‘repetition makes reputation and reputation makes customers’, has never let her down. It’s hard to belief, once a young woman with only her massage skills would ever become a successful businesswoman in a time and industry with not considerable promise. Against odds, Arden succeeded in creating a name for herself and transforming an entire trade. Even starting out with just her salon on 5th Avenue, Elizabeth knew that to sell a product, she had to sell herself. Using her extreme confidence and elegance, she expanded her business rapidly. Undeniably, Arden’s accomplishments originate from her sense of salesmanship and knack of making anyone believe in her magic. Described as ‘indisputably, the originator of the global, luxury, beauty industry as it exists today’, her efforts as a cosmetic/pharmaceutical/beauty professional are worth recognition.…

    • 801 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    This is a detailed marketing plan for Benefit to increase market share in its existing market segment. In order to do this, the market and the company’s position in the current market will be analyzed and from this, a marketing plan will be developed and actions to be taken will be set.…

    • 2452 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Bullying refers to any kind of aggressive behavior, which is normally intentional and entails am imbalance of strength or power. Cyber bullying also referred to as social online cruelty can be described as an intentional aggressive act which is carried out by an individual or group of individuals against a victim done repeatedly over a long period of time and sent through electronic contacts. Cyber bullying is usually repeated over time unless it is a death threat. The definition of cyber bullying is limited to children while in adults; it is referred to as cyber harassment or cyber stalking. In this essay, we will look at the prevalence of cyber bullying across the US, some specific instances, its psychological effects on the teenagers and…

    • 2153 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Globalization and Oreal

    • 1728 Words
    • 7 Pages

    L’Oreal is the largest beauty company in the world and in the past 100 years that it has expanded, it has supplied to 130 countries with offices in 58 different countries. This global company is the number one premium cosmetic product in the world today and has taken the core and beauty of people’s everyday lives since 1907, the beginning of L’Oreal. The superior leadership of a guy named Eugene Schueller started this strategic company with basic products such as hair care and also the first man-made hair color product. Five years later you could find these products in Austria, Italy, and the Netherlands. In 1934 Eugene invented the first mass market of soap less shampoo and this led the success of L’Oreal in the country of Europe which soon recognized them as the leader in body care and hair coloring products. Finally soon after World War II L’Oreal moved into the United States and the company seemed to change. When L’Oreal expanded the competition was more involved and more growth was needed in order for the company to be more successful. With problems like this, the strategy and planning that has been applied in L’Oreal has been huge for the success of the company. L’Oreal realized they needed to expand in other fields of the beauty market and target markets in order to stay alive and successful. This would mean that L’Oreal would need to acquire other companies as part of their expansion and through this they have kept the constancy of the leading company with acquisitions of many small companies. Finally in the 1980s they started their globalization into new markets all around the globe by acquiring new companies that would form the cosmetics that we know today. Although the role of acquisitions has never been the main focus of the company, internal growth and strategy was the number one reason for L’Oreal becoming such a big name. The…

    • 1728 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Demographics— Proctor and Gamble is one of the largest consumer product companies in the world. They registered in the 2004 fiscal year global sales of $51.4 billion in the segments of fabric and home care, beauty care, baby and family care, healthcare, and snacks and beverages. The products in these segments include Tide, Crest, Charmin, Downy, Pampers, Folgers, Bounty, Ariel, Pringles, Always, Pantene, and Iams. The industry is growing rapidly due to the high demand of these products, because of increased competition. There is a higher population density caused by the increase in households per year. The total population in the US is approximately 300 million and growing. 67% of the population is between the ages of 15-65 years of age, which is the market that P&G is targeting. P&G offers 300 brands in 160 countries and an increase of 500% over the last decade means an increase in consumer activity.…

    • 1544 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    If we look at the over 100-year history of L’Oreal we see how much that company changed and became the biggest global cosmetic company. They expanded and acquire many other companies in the world especially in USA and France.…

    • 1535 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    L’Oreal, a long time hair care, skincare, and cosmetic leader, was faced with a positioning problem of their Plenitude skincare line. The Plenitude line, which included cleansers and moisturizers had been a smashing success in the French skincare market following its 1982 introduction and was introduced in the U.S. market in 1988. It had grown quickly to become the #2 brand in the market, behind Oil of Olay. Plenitude was marketed as an upscale product bringing new people into mass channels from department stores. A four-year sales plateau was reached and their #2 position was lost to Pond’s. Carol Hamilton, Senior Vice President of Marketing for the L’Oreal Retail division was faced with a division that wasn’t making any money after an 8-9 year introduction into the U.S. market.…

    • 1235 Words
    • 5 Pages
    Good Essays
  • Good Essays

    L'Oreal , case study

    • 6376 Words
    • 26 Pages

    potential. It was the market leader in France and the challenge was to make it a leader…

    • 6376 Words
    • 26 Pages
    Good Essays
  • Good Essays

    Revlon Inc. Case Study

    • 1671 Words
    • 7 Pages

    History: Revlon is a universal company that sells products for skin care, cosmetics, personal care, fragrance and professional products. It was founded in 1932 and began in the nail polish market, soon after expanding into lipstick. Over the past six years, Revlon has consistently lost revenue and struggled with debt. Even though they have eliminated executive positions, reduced staffing and consolidated sales and marketing functions to save an approximate $33 million, the company is still in serious trouble. Revlon was founded in 1932, by Charles Revson and his brother Joseph, along with a chemist, Charles Lachman, who contributed the "L" in the REVLON name. Starting with a single product nail enamel unlike any before it - the three founders pooled their meager resources and developed a unique manufacturing process. The company began its success with opaque long-lasting nail enamel sold to beauty salons. Revlon sold its nail enamel through department stores and selected drugstores. Revlon contributed directly to the war effort, by manufacturing first aid kits and dye markers for the navy. At war's end, Revlon began to produce manicure and pedicure instruments. Following the war, Revlon launched twice-yearly nail enamel and lipstick promotions tied to seasonal clothing fashions. Revlon also turned to television sponsorship to boost sales. In December 1955, Revlon first offered stock to the public. At the end of the following year, Revlon was listed on the New York Stock Exchange. Revlon laid the ground work for its highly successful international presence in the 60's, bringing the "American Look" to the rest of the world through advertising featuring U.S. models. Growth and innovation led the way for Revlon. In 1985, Revlon was sold to a subsidiary of MacAndrews & Forbes Holdings. In 1987 Almay joined the Revlon lineup In the 1990's, Revlon revitalized its cosmetics business and strengthened its industry leadership role.…

    • 1671 Words
    • 7 Pages
    Good Essays
  • Good Essays

    The Alliance Cosmetic Group is a leading distributor of cosmetics and personal care products. Brand portfolio includes Revlon cosmetics, Revlon haircolor, Avene skincare, Elancyl bodycare, SILKYGIRL cosmetics, SILKYGIRL fragrances, SG Men fragrances, Silky Lips lipcare, Silky White face products and Silky Care feminine hygiene wash.…

    • 729 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Johnson & Johnson

    • 1929 Words
    • 8 Pages

    MISSION: Emerge as the dominant cosmetics and personal care firm in the twenty-first century by appealing to young/trendy women, health conscious women and older women with its varieties of brands.…

    • 1929 Words
    • 8 Pages
    Satisfactory Essays
  • Powerful Essays

    Avon Case Study

    • 6171 Words
    • 25 Pages

    * Leader in global beauty: Build a unique portfolio of beauty and related brands, striving to surpass competitors in quality, innovation, and value, and elevating Avon 's image to become the world 's most trusted beauty company.…

    • 6171 Words
    • 25 Pages
    Powerful Essays

Related Topics