Principles of Marketing L’Oreal 1. The core‚ tangible and augmented products L’Oreal sells. The core product of the hair care products sold by the company includes the customers feeling good about themself after using the product. The tangible is he physical hair care product e.g. bottle‚ what the product claims to do for e.g. more shiny hair. 2 L’Oreal’s marketing managers have key branding decisions they must make. These include selecting a brand name and going onto getting a brand
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From page 7 to page 9‚ Loreal once again showed out their strong and good result in year 2012. Firstly‚ while compare with last year‚ Loreal show a very good vintage for innovations in cosmetic industry. This evidence can be proving while Loreal group create the finest products and sell it out in the market. By this way‚ Loreal had successfully attracted more customers to consume with their products. Secondly‚ Loreal had also built up their position in those markets such as Western Europe and United
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MARKETING PLAN PROPOSAL Submitted By: Fasiuddin Feroz L’OREAL PARIS ELVIVE – Total Repair 5 Restoring Shampoo Introduction: “To keep the body in good health is a duty... otherwise we shall not be able to keep our mind strong and clear” “Attention to health is life ’s greatest hindrance” Cosmeceuticals are the latest addition to the health industry and are described as cosmetic products with drug-like benefits. With the rise of more knowledgeable‚ wealthy‚ and
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BRAND MANAGEMENT Project on LOREAL L’Oreal Today’s Cosmetic market place is a huge global economy worth approximately $40 billion‚ mostly generated in the western countries but it is ever expanding into other global markets and these expand. One of the best known and oldest cosmetic providers is L’Oreal. Brand Personality The Brand personality of L’Oreal mainly reflects the attributes of being Competent and Sophisticated. Synonymous with the ’Because you’re worth it’ strap line‚ L’Oreal
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BACKGROUND…………………..………………………………….4 6. COMPANY OVERVIEW…………………………..………………………………5 L’Oreal…………………………………………………..…………………………...5 Body Shop…………………………………………………..……………………….5 7. GROWTH STRATEGIES……………………………………..……………………6 Reasons for acquisition……………………………………………..………………..6 Acquisition strategy……………………………………………………..…………...7 Integration Approach………………………………………………………..……….7 Expected synergies……………………………………………………………..……8 Added Value Potentials………………………………………………………….
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5 Brand Weaknesses 5 Marketing Opportunities 5 Threats 6 Marketing Communications Plan 6 Target Market 6 Primary Target 6 Secondary Target 7 Marketing Objectives 7 Marketing Communications Goal (Challenge) 7 Marketing Communications Objectives 8 Marketing Communications Strategy 8 Budget 8 Positioning Strategy Statement 8 Marketing Communications Mix 8 Advertising 8 Event Marketing 9 Public Relations 9 Experiential Marketing 9 Online & Interactive
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L’Oréal develops and manufactures haircare‚ haircolor‚ skincare‚ color cosmetics and fragrances for the consumer and professional markets. Established in 1909 by visionary scientist‚ Eugene Schueller‚ L’Oréal is committed to: progressive research and development‚ state-of-the-art manufacturing‚ quality products‚ and making beauty accessible to everyone around the world. Through a diverse brand portfolio and unparalleled marketing expertise‚ growth is also achieved by expanding their portfolio to
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and natural cosmetics in the $270 billion global cosmetic market is growing at a fast pace.” As people are becoming more and more conscious of the negative side effects of extended use and exposure to chemical cosmetics so too has the cosmetics industry. Cosmetics normally use aromatic hydrocarbons that are derived from petroleum which have been proven to show long term side effects on the skin. While the idea of organic cosmetics is not new a company as well known as M.A.C. Cosmetics has not yet
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revolutionary at the time‚ lies the vision of a sophisticated and elegant woman‚ who asserts her personality and is ready to take on the world’. In order to fulfill this image‚ the brand offers multiple product lines in the categories of skincare‚ cosmetics‚ hair color‚ hair care‚ and styling (hair). The brand has also been able to revitalize its image by including a men (hair and skin) category in order to tap into a new market. This brand is a major competitor in the global consumer products industry
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Marketing Case “L’Oreal” Problem Statement L’Oréal has successfully launched Plénitude in France and recently introduced the Sub brand into the US market. Unfortunately‚ Plénitude is not having the same success as it has had in its home market in France and Europe‚ and is still not gaining any profit. L’Oréal now needs to adapt its Product strategy to the US market in order to strengthen the brand. Situation Analysis (annex 1) L’Oréal exported Plénitude to the USA and has been struggling
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