Tomas Bata University in Zlín Faculty of Management and Economics Presentation on The L’Oréal Group ( the company for beauty) Subject: English language Elaborated by: Sandra Antičová Group: I 21/F Introduction Good morning Ladies and Gentlemen. It’s a great pleasure to have the opportunity to adress such a distinquished audience
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passion of creating beauty products means seeking to understand others‚ knowing how to listen to them‚ apprehending their traditions‚ anticipating their needs‚ without this passion L’Oreal would never been possible‚ their mission is to value what the consumers wants. Innovation is also one of the companies founding values‚ they have always keep in mind that their company was founded by Eugene Schueller a scientist‚ who’s innovation was that beauty is an endless quest that constantly requires a high level
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Attracting One Billion New Consumers by 2020 June 18‚ 2013 CONTENTS CONTENTS CONTENTS ..................................................................................................... I List of figures ................................................................................................ II 1. Introduction......................................................................................... 1 2. Company profile .............................................
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L¡¦Oreal Nederland B.V. Pertinent Facts L¡¦Oreal is the largest cosmetics company in the world. In 1992 the L¡¦Oreal Group was the largest cosmetics manufacturer in the world. They are Headquartered in Paris‚ it have subsidiaries in over 100 countries. In 1992‚ its sales were $6.8 billion (a 12% over 1991) and net profits were $417 million (a 14% increase). France contributed 24% of total worldwide sales. Europe (both western and eastern countries‚ excluding France) provided 42%‚ and the U.S
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Nederland B.V.: Introduction of Products from the Garnier Institute of L’Oreal [WITH INSTRUCTOR COMMENTS IN CAPS] 1 Executive Summary & Table of Contents L ’Oreal presently offers the following products in the Netherlands: Plenitude and Recital under the L ’Oreal brand name‚ and Ambre Solaire under the Garnier Institute brand name. L ’Oreal Nederland has been considering whether to introduce the Synergie skin care line and Belle Couleur hair colorants line into the Netherlands. Synergie and Bele
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...............................5 3.1. Airport trends and developments......................................................................5 3.2. What makes the travel retail market unique.....................................................6 4. Consumer analysis of travel retail customers...........................................................7 4.1. Characteristics of the global shopper................................................................7 4.2. The needs of the global shopper.....
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L’ Oreal External Analysis (Dutch Market) Environmental Analysis: Demographics: There are several demographic changes in the Netherlands which influence the Dutch market. * Fast aging of population * Fast growing segments now are 25 or older * Increasing number of Dutch women work outside home * Dutch women are delaying childbirth Economics: Due to these demographic trends‚ Dutch women are becoming more self-confident and independent. Thus they have more disposable income
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important to understand why a consumer would choose one product over another. To do this‚ the company needs to recognize the complex decision-making process a consumer goes through. The variety of products is always expanding‚ but with the consumers ’ limited temporal and cognitive resources‚ they cannot simply analyze all the products. Making rational choices does not only require access to options‚ but also the necessary time and information needed to choose. Consumers increasingly face information
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This piece of work is about consumer behavior on electric vehicle which included the five stages of consumer decision making process such as Need Recognition‚ Information Search‚ Evaluation on Alternative‚ Purchase Decision‚ and Post-purchase decision. Lastly‚ the five different concepts which made up by social cultural factors and individual factors. 2.0 Five Stages of Consumer Decision Making Process 2.1 Need Recognition A problem is recognized when consumer found out a difference between
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A CONSUMER DECISION-MAKING PROCESS IN PURCHSING A CAR Research suggests that customers go through five stages in making decision on any purchase (The Engel‚ Blackwell and Miniard‚ 1990). The economic buyer theory published by South-Western college in 1997 () explained that all customers have full information‚ make comparison‚ are rational‚ they have limited resources to satisfy their limitless needs‚ and they want to maximise satisfaction (page). A person who intends to purchase a car‚ go through
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