Strengths
• Product quality
• Innovative R & D
• Strong Philosophy
(Zen culture, Inner
Beauty)
• Loyal customers
Weaknesses
• Low brand awareness
• Small number of doors
• Expensive compared to economic conditions
•No explicit place for male products
egmentation & Competition
SWOT Analysis(cont.)
Opportunities
• Sun care productsemerging market
• Japan in fashion
Threats
• Economic crisis
• Salaries’ decrease
• Fierce competition
Very loyal
Loyal
Not so loyal
Competition Mapping
Targeting: Luxury Segment
Women 35-65 years old
Upper Scale Social background
Live in major cities in Greece, urban environment
Both single & married
•Soap-Lotion-Hydration products,
Sophisticated Hydration,
•
•
Anti-aging, Suncare
Focus on Skincare & fragrances
(less in makeup)
Middle to high Pricing
•
DEMOGRAPHICS
•Lower Competitive Pricing
Dynamic & Career driven (or their husbands)
•In Store service promotion & consultation,
Intensive in store promotion &
Like & follow fashion, but want to differentiate from the standard
aggressive Gifts With Purchases, TV
continuity continuity in advertising
MAJOR
COMPETITORS
Want to discover their inner beauty and truth
promotions promotions Take care of themselves - Visit gyms, spa & regeneration centers
They are loyal once they find something they like
Put effort and time to find best cosmetics
Skincare Products, Expert in Eye cream
•Focus on anti-aging hydration,
& Foundation
fragrances, foundation & Mascara
•
Upper Pricing
•Middle Competitive Pricing
•
Consultation & service. Exploitation of
•Advertising (including TV), Make up &
La Prairie spas in upper class areas
skincare events
•
PSYCOGRAPHICS
Willing to spend & buy on a regular basis
Appreciate personalized contact with beauty consultants
TV/ Radio
Experts Opinion (dermatologists etc)
WOM / Friends opinion / prompt to