Making China Beautiful: Shiseido and the China Market Strategy Case Study Fall Term 2012 Names: Carsten Eichhöfer‚ Lara Fries‚ Gregor Grebe‚ Luise Hoffmann Submitted to: Prof. Amit Karna‚ PhD; Prof. Klaus Uhlenbrock‚ PhD Submission Date: November 11th‚ 2012 * Table of Contents List of Abbreviations i List of Figures ii 1 Introduction 1 2 Case Analysis Shiseido 1 2.1 Shiseido’s International Expansion Strategy 1 2.2 Shiseido’s Global Advancement
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SHISEIDO Shiseido was founded in 1872 in Japan. It is one of the oldest cosmetic companies in the world‚ and fourth largest cosmetic company. It started to export its products in 1929. Shiseido was the first to develop the softening lotion‚ a lightweight liquid of toner-like consistency. Their hydro powder eye shadows which have a creamy texture are among top beauty picks Therefore the company has had the advantage of being one of the first movers. This is one of the reasons why Shiseido’s products
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Case Background Estée Lauder Companies was a technologically advanced‚ innovative company which gained a worldwide reputation for elegance‚ luxury and superior quality. Estée Lauder Companies‚ Inc. which founded in 1946 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
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1. What are the functions performed by the marketing and distribution channels for cosmetics products? Which of these functions are most important? Why? Distribution Channels in the cosmetics industry consist of individuals and firms‚ involved in the process of making cosmetic products or services available to consumers. Marketing channels make possible the flow of goods from a producer‚ through intermediaries‚ to a buyer. Intermediaries perform 3 basic functions - Transaction‚ Logistical‚ Facilitating
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Case- Shiseido: Channeling Cosmetics in China 1. Marketing and distribution channels for cosmetics products performed mainly transactional and logistical function. Distribution channels such as the voluntary specialty chain stores perform transactional function when they buy these cosmetic products from the manufacturer and sell them in their individual stores. They share risk with the producer (Shiseido) as they stock merchandises in anticipation for sales. On the other hand‚ counters at departmental
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International Marketing The Cosmetics Industry Estee Lauder vs. Shiseido Cosmetics E. Wang July 8‚ 2005 BSAD 491 Introduction The cosmetics business is a billion dollar industry. Every year‚ women are responsible for consuming millions of cosmetic products. The cosmetics industry is so large because of several factors. The media is a huge contributor to the intense pressure to look a certain way. The idea that "sex sells" is evident in gossip magazines‚ movies‚ advertisements‚ music
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SHISEIDO Shiseido was founded in 1872 in Japan and started to export its products in 1929. Therefore the company has had the advantage of being one of the first movers. This is one of the reasons why Shiseido’s products have reached a high degree of market penetration. S: The main strength of Shiseido is that the company is focusing on offering high quality products. In order to do so they developed a unique strategy of combining Western technology with the regional needs of every country
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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
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[pic] [pic] ESTEE LAUDER COMPANY ANALYSIS WITH BENCHMARK EVALUATION OF [pic] DEAR DR. ASHRAF MAHATE‚ Enclosed is the company analysis of Estee Lauder as per your request as it’s an integral part of our course requirement. Estee Lauder was selected on the basis of its vast business profile and complex nature of its annual report‚ which were dealt by us with an exigent attitude. Estee Lauder’s performance was compared to our chosen benchmark company Avon because of it being Lauder’s
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Summary of Cosmetics Giants Segment the global Cosmetics Market The world’s best know cosmetics companies are setting their sights on a lucrative new segment: the emerging middle classes in countries such as Brazil‚ Russia‚ India‚ and China. Marketers LÓréal‚ Procter & William Lauder‚ president and CEO of Estée Louder‚ calls China a ‘$100 billion opportunity.’ Nothing that there is no ‘one-size-fits-all’ idea of beauty cosmetics marketer pride themselves on sensitivity to local cultural preference
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