ASSIGNMENT #3 Preparation: 1. Read all the material for weeks 4‚ and 5. 2. Make sure that you use marketing terms learned from the textbook in your answers. Requirements: Create a double spaced word-processed document with the answers to the following questions: 1. Choose printed ads for five different consumer products (could be from a magazine‚ coupons‚ etc.). For each ad‚ write a description of what you think the demographic characteristics of the targeted market are. Attach the ad to your assignment
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------------------------------------------------- COUNTRY MARKET REPORT MARY KAY TO ITALY ------------------------------------------------- EXECUTIVE SUMMARY Mary Kay‚ a corporation created and run by women‚ sells cosmetics and skin care products worldwide. The impact on the skin care and cosmetic industry has proved to be impressive at US $2.5 billion on an international level in 2010. Mary Kay’s headquarters and primary manufacturing facility is located in Addison‚ Texas. The corporation
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Question # 1 Mary Kay products have been seen to sell in more than 35 markets expanding across 5 continents. Mary Kay’s sales force exceeds 2 million globally with potential markets such as the Indian and Asia- Pacific areas that represent extensive growth opportunities. Mary Kay is focused on expanding into the Indian Market‚ due to its large population and market size. With the large population of middle class growing to a total of 500 million individuals will give Mary Kay the opportunity to
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1.Why has MKC not been as successful as Avon in penetrating international markets? There are a number of good reasons that explain why Mary Kay Cosmetics (MKC) had not been able to penetrate the international markets as well as Avon did. The head of MKC’s Curran Dandurand identified a number of reasons for this phenomenon‚ according to this case study. Dandurand’s analysis concluded that mainly MKC’s limited international success was due the following reasons. Marking strategy- MKC made a very
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Mary Kay in Thailand \\ Table of Contents Executive Summary 3 Company and Industry Overview 3 Mary Kay Global 5 Market Trend Analysis 6 Competition and Market Barriers 7 The 4Ps 8 Product Analysis 8 The Market 8 Product Function 9 Ingredients 9 Products that contain specially controlled substances 10 Market Access 10 Product Manufacturing 11 Promotion Strategy 11 Delivery Profile 13 Direct Sales 13 Characteristics of the direct sales
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Case Study on Mary Kay Cosmetics: Asian Market Entry Executive Summary Mary Kay Cosmetics Inc’s (MKC) was facing challenges of increasing number of competing direct selling organizations in the US cosmetics market and was not satisfied with their sales revenue generated from international sales. They believed MKC culture could be transferred internationally and that Mary Kay Ash’s charisma‚ motivation and philosophy were likely to appeal to women throughout the world. MKC management would
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1. Why has Mary Kay Cosmetics (MKC) not been as successful as Avon in penetrating international markets? In 1992‚ the percentage of international sales of Mary Kay Cosmetics was only of 11% of total sales while‚ for instance‚ the percentage of international sales of Avon (a main competitor) was 55%. The reasons why MKC failed when penetrating international markets were‚ among others‚ that they did a direct application of their US marketing strategy (products and communication) without taking
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HUM/150 Feb 20‚ 2012 Victor Armenta Film Viewers Opinion Paper * When I want to go to the movies there are a number of factors that are taken into * consideration when deciding what to watch. Going to see a movie that is not enjoyable can * be a disaster. There are rumors floating on horror movies losing its credibility because they * are so predictable. There are also opinions surrounding the fact that a lot of comedies are * not funny. It is in your best interest
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Mary Kay Ash’s Story By phoebe Mary Kay Ash was a famous American businesswoman and the founder of Mary Kay Cosmetics. She started her business with a small investment of $5000 in 1963‚ and soon became one of the most successful business women of her time. Mary Kay Ash was born on 12th May‚ 1918 in Hot Wells‚ Harris County‚ Texas. Her childhood experiences shaped the future of this visionary woman‚ and with a significant impact to the American history. Due to the illness of her father
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Mary Kay Ash Mary Kay products have been available for nearly 50 years. Using her total life savings of $5‚000 the founder Mary Kay Ash started her business‚ a single mother of three trying to support her children. Putting god first‚ family second and career third she managed to create a multibillion-dollar international company that would reflect her values along with a fulfilling life (Ash‚ 1995). Early Years One of Mary Kay ’s believes was that one should not reveal her age. The exact birth
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