Flare Fragrances Company‚ Inc. Britt Miller Rebecca Orsher Allie Steinle 12/07/2010 Executive Summary • Flare Fragrances has experienced declining sales growth • CEO set goal to increase incremental revenue by at least $7.5M and reverse declining sales trend • Conducted two SWOT analyses to determine best strategy – Emphasize Natural and increase drugstore presence • Developed advertising budget and implementation plan Flare Fragrances Agenda • SWOT – Savvy launch • SWOT – Natural
Premium SWOT analysis Brand Marketing
The Chemistry of Fragrances From Perfumer to Consumer 2nd Edition RSC Popular Science Titles The RSC publishes series of inexpensive texts suitable for teachers and students which give a clear‚ readable introduction to selected topics in chemistry. They should also appeal to the general chemist. For further information on all available titles contact: Sales and Customer Care Department‚ Royal Society of Chemistry‚ Thomas Graham House‚ Science Park‚ Milton Road‚ Cambridge CB4 0WF‚ UK
Premium Perfume
rP os t 4550 MAY 5‚ 2010 JOHN A. QUELCH LISA D. DONOVAN op yo Flare Fragrances Company‚ Inc.: Analyzing Growth Opportunities It was early December 2008‚ time for Flare Fragrances Co. to launch its final analysis of 2009 strategic initiatives‚ and the group of 10 sales and marketing employees in the main Flare conference room could see by the look on her face that CEO Joely Patterson was determined to make 2009 better than 2008 had been. The economic crisis had taken its toll
Premium Retailing Advertising Brand
Flare Fragrances Company‚ Inc . Final Authentic Assessment Analyzing Growth Opportunities MRKT 495 Flare Fragrances Company‚ Inc . Final Authentic Assessment Analyzing Growth Opportunities MRKT 495 TABLE OF CONTENTS SUBJECT PAGE(S) History 1-2 Executive Summary 2-3 Statement of challenge 3 Evidence Supporting the Challenge 3-4 Analysis of Current Situation 5-6 SWOT Conclusion 6 Competitive Analysis Conclusion 6-7
Premium Price Marketing Aroma compound
Analyzing Flare Fragrances Co.‚ Inc. Joseph J Fortunato CR 504 Marketing Management May‚ 31‚ 2011 About Flare Fragrances: Flare Fragrances Company‚ a small women’s perfume manufacturer‚ was started in 1955. Since inception‚ Flare has grown to be the #4 player in the U.S. women’s fragrance market. For 2008 EOY estimates were $221 million dollars up 2% over 2007 sales. In 1975 Flare introduced the brand “Loveliest” which was their sole focus until 1996 when they introduced
Premium Contribution margin Variable cost Marketing
India’s GDP. Business Plan- Fragrance industry today is proving increasingly popular in India‚ as the population continues to increase its expenditures on increasingly sophisticated personal care products containing greater amounts of fragrance. Fragrances are composed of a blend of aromatic oils and compounds‚ solvents‚ and fixatives. These ingredients combined in a mixture create a pleasing scent to be used for living spaces‚ humans‚ animals‚ or objects. Fragrances can be produced from plant or
Premium Aroma compound Perfume Essential oil
used to give the human body‚ animals‚ objects‚ and living spaces a pleasant scent The Fragrance wheel is a relatively new classification method that is widely used in retail and in the fragrance industry. The method was created in 1983 by Michael Edwards‚ a consultant in the perfume industry‚ who designed his own scheme of fragrance classification.The new scheme was created in order to simplify fragrance classification and naming scheme‚ as well as to show the relationships between each of the
Premium Perfume Odor
Background Founded in 1955‚ as a small manufacturer of women’s fragrance‚ Flare has grown into the No. 4 player in the U.S. women’s fragrance market. Introduced in 1975‚ the brand Loveliest is one of its strongest thus far. Faced with a growth challenge in a difficult economic environment‚ CEO Joely Patterson outlines two growth opportunities for her marketing staff to evaluate. One involves launching a new scent and possibly separating it from the trusty "umbrella brand" that comprises Flare’s
Premium Marketing Aroma compound Odor
Chanel Fragrance Ad My advertisement for the Chanel fragrance from the Chance series called Eau Tendre uses a naked woman with pink flowers wrapped around her body‚ a huge pink bottle. The ad says‚ “IT’S YOUR CHANCE. EMBRACE IT.” to persuade women to buy this product because it will make you feel confident and comfortable. The ad for the Chanel fragrance from the Chance series called Eau Tendre‚ stands out to many women who enjoy wearing a fine fragrances. This ad also stands out to woman of
Premium Maslow's hierarchy of needs Odor Perfume
plan isprepared for the case study of Flare Fragrance Inc which operates in the U.S women fragrance market‚ currently its growth to maturity stage.External analysis has identified political‚ economical‚ social‚ technological and naturalfactors affecting the fragrance market. Most significant being declining U.S fragrance market and trend of tradingof luxury brands to mass alternative‚ post 2008 financial crisis.Industry analysis identified the U.S fragrance industryto be low in attractiveness. Critical
Premium Economic growth Marketing Brand