Sephora
Sephora
The two companies I chose to compare were Sephora and Ulta Beauty. Both stores are cosmetic retailers and sell many of the same products. Sephora has been around longer originating in Paris in the year 1970, and opening it 's first U.S store in 1998. Sephora runs approximately 1,300 stores in 27 countries worldwide, with a consistently growing base of over 300 stores across North America. Ulta Beauty was founded in 1990 trying to reach out to women as a place to shop other than department stores and drugstores for their beauty needs. As of 2013, Ulta is operating 576 stores across the span of 46 states. The company has also equipped each of their stores with a full service salon, hoping that women would appreciate the one stop shopping experience. Although both chains have similar product and price points, they possess two very different advertising, promotional and customer service styles and different ways in how they present themselves to the public.…
This beauty retail store SWOT Analysis includes several strengths and weakness that it has currently developed in its structure. However, there are a few opportunities that this company should take advantage to seize the moment and there are a few threats in which they should find new ways to overcome and eliminate.…
“What are the right products for me?” and “Can I try this product before buying it?” are the two problems solved by Ipsy. “Choosing the best makeup items for needs” is a challenge to most women. Females have to choose products among “follow the fashion trends”, “look good on me”, and “provide efficient skin care”. Ipsy.com solved the problem. Ipsy’s professional stylist team would choose unique products for different users to try by analyzing these users’ survey results and page viewing histories.…
Let’s face it, people all over the world love beauty. Holy wood is obsessed with it. Like many women in America and all over the world, we want to look our best, we want to look and feel beautiful. Women and some men want the gift of youth and beauty and will go to great lengths to attain it. After pondering about what I was going to write my SWOT analysis on, I decided to go for what I know best: Beauty Products! I decided to conduct a SWOT analysis on Ulta Salons and Cosmetics. The acronym, SWOT stands for strengths, weakness, opportunities and threats of a particular company.…
The beauty market is a growing market despite the high concentration of companies. Indeed, according to Kline1 “sales of the hand and body lotions category have grown at a CAGR of 1.4% from $1.9 million in 2006 to $2.1 million in 2012”. Additionally to that body lotion is a very used product, as a Mintel research had shown 81% of beauty product consumers use body lotion and 89% use 89%.2 Moreover the men beauty product market is still booming and there are some market shares left. Indeed, according to a Mintel marketing study 7% of American males use anti-ageing products and 59% of American men think that 59% care product can boost their self-confidence.3…
Anyway, according to 2010 numbers, when we check the graph we can see that, the %45 of Sephora media spending is formed by retail marketing which includes prints, catalogs, store animations. Then it follows %35 as online and %20 as Beauty Insider. Traditional strategy seems like Sephora’s major Marketing strategy and I think this need to change.…
Innovations introduced in the beauty business with no major products beauty companies, Sephora implement two new ways to offer their products to customers:…
1. Sound was definitely present in the store, as the overhead music set the character and feel of the store. Light techno music played that gave the store a modern and upbeat feel, music similar to what I would imagine to be at a runway show.…
Cited: G., D. (2011, 04 04). Sephora and Interview with David C. (A. Sneed, Interviewer) New York, NY.…
When visiting Sephora, customers are greeted with a wide range of products from which to sample and choose. This is a great one stop shop for cosmetics including hair care, facial, and makeup. They care several brands that you wouldn't find in a regular department store. The customer base is overwhelmingly female and this is reflected in the product lines which are designed to be used by women.…
Estee Lauder Companies, Inc is a U.S manufacturer and marketer of skin care, cosmetics, hair-care and fragrance products. The company's headquarters are in New York City. It was founded in 1946 by Estee Lauder and her husband Joseph Lauder. Her first step was to convince Madison Avenue to carry her product but she failed. Then she started her business by selling the product directly to the customers. With that success she began to target the high-class customers by selling the product exclusively through boutiques and department store. In 1948, Estee Lauder establish her first department store in New York. The next 15 years the products were selectively distributed in other stores in United States. And in 1960 the company stabilized their operation with the introduction of Estee Lauder product in Harrods in London, with Hong Kong a year after that.…
Different perspectives on the same thing, but: Europe is not a ‘thing’, it is not a fixed entity…
• Reach a new customer segment: 18 – 24 year old females • Arlmont study predicts prestige image fragrances will be best performers • Innovation and originality • Build relationships with department store channel…
Estee Lauder: Introduction Founded in 1946, this technologically advanced, innovative company has gained a worldwide reputation for elegance, luxury and superior quality. Estee Lauder Companies, Inc is a U.S manufacturer and marketer of skin care, cosmetics, hair-care and fragrance products. The company¶s headquarters are in Manhattan, New York City. The company launched with four products under its flagship brand but over the decades, the business has grown alongside its reputation for elegance and quality. One of the platforms that Estee Lauder discovered was in 1968, with the launch of Clinique Laboratories Inc and hence become the first company with a line of products that were allergy tested and 100 percent fragrance free. The popularity of the products emerging from this group facilitated its easy expansion into countries across the world. In 1960, the company entered Canada. The next year, it took on Central America, then, came Australia, France, Germany, Japan and the Soviet Union in 1973. In 1985, Estee Lauder¶s sales surpassed $1 billion which reinstated that its namesake¶s special touch, when it came to beauty and selfcare carried with it a universal appeal. In 2000, Estee Lauder Companies began to assert a significant presence on the Internet. Its internet marketing strategy contributed to the company¶s sales surpassing the $5 billion mark in sales just three years later. Today, Estee Lauder products are sold in over 130 countries under the brand names that include Estee Lauder, Tommy Hilfiger, Donna Karan, Michael Kors, Donald Trump, Sean John, Missoni, Daisy Fuentes Aramis, Clinique, Prescriptives, Lab Series, Origins, MAC, Bobbi Brown, La Mer, Aveda, Jo Malone, Bumble and Bumble, Darphin, Rodan&…
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.…