Business Presentations Presentation 2 September 23‚ 12 Loreal For more than a century‚ L’Oréal has devoted itself solely to one business: beauty. It is a business rich in meaning‚ as it enables all individuals to express their personalities‚ gain self-confidence and open up to others. Beauty is a language. L’Oreal has set itself the mission of offering all women and men worldwide the best of cosmetics innovation in terms of quality‚ efficacy and safety. It pursues this goal by meeting
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Before the facial cosmetics‚ L’Oreal was known as a hair-colorformula developed by French chemist Eugene Schueller in 1907. It was then known as"Aureole". Schueller formulated and manufactured his own productswhich were sold to Parisian hairdressers. It was only in 1909 that Schuellerregistered his company as "Societe Francaise de Teintures Inoffensives pour Cheveus‚"the future L’Oreal. Scheuller began exporting his products‚ which was then limited to hair-coloring products. There were 3 chemists
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Maslow’s Hierarchy of Needs In the most basic sense‚ Maslow’s hierarchy identifies five primary areas of needs experienced by most humans. Beginning with physiological‚ or basic life survival‚ needs‚ the model progresses in subsequent steps through safety and security‚ love and belongingness‚ self-esteem and finally self-actualization. Maslow postulated that as man meets the needs at the first level‚ he moves toward the next‚ then the next and so on. More recent studies have added levels to the
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product lines should be introduced into the Dutch market under the Garnier name without negatively effecting the current product lines already available under the L’Oreal brand. Recommendation It would be feasible to introduce one of the new Garnier product lines rather then both of them at the same time. Because there is already a strong L’Oreal presence in the Netherlands it would hurt sales more if they introduced two new product lines at the same time. Belle Couleur is the product to introduce because
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One of the biggest names in the make-up industry is L’Oreal. L’Oreal runs a massive worldwide operation employing nearly 62‚000 men and women of various races‚ backgrounds and religions across nearly 60 countries. Part of the reason for the corporation’s success has been its sensitivity not only to its consumers but also to each and every one of its employees. The corporation has made sure that all their employees have opportunities to develop themselves both personally and professionally. This
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Many cosmetic brands are popping up recently‚ perhaps‚ due to the increasing consumers of products that beautify and enhance the physical appearance of a person. Even though the market is already full of the said cosmetic brands‚ the company L’Oreal Groups could still be considered as the leading supplier of cosmetics and hair-color. This studyis a brief overview of the marketing concepts and strategy of the said company. The company profile will be presented to be able to give a clearview of the
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This report looks at how did L’Oreal‚ a multinational corporation‚ managed its already portfolio as well as its newly acquired local brand when entering on a new market: China. L’Oreal‚ a french company founded in 1907‚ decided at the end of 2003 to acquire two local chinese brands in order to enter the national market: Mininurse and Yu-sai. While this merging seems to be a «win-win» deal‚ we will look at several issues L’Oreal was confronted with: how did the brand managed its newly acquired brand
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ANSOFF MATRIX MARKETING STRATEGY The Ansoff Product-Market Growth Matrix is a marketing tool created by Igor Ansoff. The Ansoff matrix is a marketing tool that allows marketers to consider ways to grow business via existing and/or new products in existing and/or new markets. The ansoff matrix helps companies decide what course of action should be taken given current performance. The Ansoff ’s matrix provides a very simple but very effective focus for considering different options for growth‚ and
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FROM SCIENCE TO BEAUTY L’Oréal’s research facilities in France‚ the USA‚ and Japan bring together more than 3‚000 scientists and research staff. Their discoveries are published in leading scientific journals. L’Oréal’s innovations are patented‚ creating some 586 patents in 2004 alone. Our methodologies for evaluating the safety and efficacy of ingredients and finished products‚ product evaluation and claim substantiation are recognised by the international scientific community
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marketing plan for The Elvive – total repair hair shampoo. It is manufactured by L’Oreal which is world’s leading cosmetic producer. It says 5 problems 1 solution. The 5 problems include anti-damage‚ anti-thinning‚ anti-split ends‚ anti-brittleness and anti-dulness. This product is L’Oreal first total repair for damaged hair. The Elvive – total hair repair is a shampoo manufactured by L’Oreal Private Limited. L’Oreal‚ Australia was started in 1934 which is now number one in producing beauty products
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