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About This Presentation
this is our final project in international marketing courses !!
Size: 11.14 MB
Language: en
Added: Jun 01, 2008
Slides: 87 pages
Slide Content
International Marketing Final Report
- Maybelline New York
Professor:Professor:
Shuling LiaoShuling Liao
Students:Students:
932930 Anthony932930 Anthony
967301 Claire967301 Claire
967305 Crystal967305 Crystal
967311 Joyce967311 Joyce
2
Introduction
Background review
Brand performance
Market analysis and competitor analysis
Industry trend and global opportunity
hunting
International/Global Marketing strategies
recommendation
Reference source
3
L’Oréal Overview
€15.8 billion sales in 2006
27 global brands until 2006
60,851 employees in 58 countries
40 factories around the world
4
L’Oréal’s acquisitions since 1996
L’Oréal Overview
5
L’Oréal Overview
New brand acquired by L’Oréal
6
L’Oréal Overview
Garnier
L’Oréal Paris
Le Club des Créateurs
Maybelline NY
Softsheen.Carson
High technology products
Mass-market retailing channels
Consumer
Products
L’Oréal Professionnel
Kérastase
Redken
Matrix
Mizani
A wide range of innovative
products
Hair salons
Professional
Products
•Five Dimensions:
7
L’Oréal Overview
Lancême
Helena Rubinstein
Shu Uemura
Giorgio Armani
Ralph Lauren
Yue-Sai
Prestigious brands offer
premium service
Department stores, specialty
stores and travel retail outlets
Luxury
Products
Vichy
La Roche-Posay
Innéov
SkinCeuticals
Sanoflore
Dermo-cosmetic products sold by
pharmacists and dermatologists
Pharmacies and specialist
retailers
Active
Cosmetics
Biotherm
Kiehl’s
Cacharel
Viktor & Rolf
Diesel
•Five Dimensions:
8
L’Oréal Overview
9
L’Oréal Overview
L’Oréal’s EPS compares with competitors
10
L’Oréal Overview
The growth of L’Oréal’s EPS
11
Maybelline Overview
1967
Plough Inc. acquires
Maybelline
1971
Great Lash was born,
with its candy pink and
acid green tube
1915
Maybelline Company
was created as a family-
owned business
1913
T.L. Williams invented
Maybelline Mascara
(Vaseline jelly + coal dust )
12
1990
Maybelline acquired by
the investor group
Wasserstein Perella & Co
Maybelline Overview
1996
L’Oréal USA, Inc.
acquires Maybelline
2000
Maybelline becomes the
number one cosmetic
brand in the USA 2002
Maybelline becomes the
number one cosmetic
brand in the world
13
Maybelline Overview
2004
Maybelline officially
becomes Maybelline
New York
Today
•Maybelline New York is
the number one cosmetic
brand globally across 90
countries
•Products can be found in
major mass-market
retailer including
drugstores, discount
stores, supermarkets and
cosmetics specialty
stores
14
Brand performance under L’Oréal
15
Brand performance under L’Oréal
16
Brand performance under L’Oréal
17
Brand performance under L’Oréal
Professional
Products
18
Brand performance under L’Oréal
Luxury Products
19
Brand performance under L’Oréal
Active Products
20
Brand performance under L’Oréal
Consumer Products
21
Product performance under
Maybelline
Milestone
Great Lash Mascara
The #1 selling mascara in
the U.S.
Great Lash has always stood
out for its radically different
packaging
This unique color palette is
now instantly recognizable
and has come to symbolize
a true cultural icon
In fact, one of the now
famous pink and green
tubes is sold every 1.9
seconds in the U.S.
22
Product performance under
Maybelline
Milestone
XXL mascara
Make eye lashes 40 percent
longer and thicker
The mascara is formulated
from microfiber, vitamin B5
and extract of cornflower
The product can be used for
up to eight hours, does not
smudge or flake
23
Product performance under
Maybelline
Milestone
Latest Water shine lipstick
Full of moisture
Glazed Red Apple and Rose.
Scarlet and coral
Natural range of colors to
complement their beauty
24
Product performance under
Maybelline
Milestone
Dream Mousse foundation
Foundation with a powder
finish
Good coverage with skin-
brightening effects
It create a variety of
aesthetic illusions
25
15.9 million
Lips makeup
13 million
Face makeup
50.2 million
Eye makeup
Product performance under
Maybelline
50.2 millionEye makeup
15.9 millionLips makeup
13.0 millionFace makeup
Sales VolumeProduct Category
Source: 2007 Factiva, Inc.
27
S.T.P Analysis of Maybelline
Target Market :
Maybelline’s core target audience of 16- to 25-
year-old women
28
S.T.P Analysis of Maybelline
Positioning
(Mass Market)
High
Price
Inexpensive
Price
Mature
Young
stila •
• Maybelline
Revlon •
L’Oréal Paris •
• Covergirl
• ALMAY
• Avon
• Integrate
• Majolica Majoroka
• Avon
• Avon
29
Marketing Mix of Maybelline
Eye Makeup Lips Makeup
Four Product Categories:
30
Marketing Mix of Maybelline
Face Makeup Nail Makeup
Four Product Categories:
31
Marketing Mix of Maybelline
Product –
Foreign Consumer Culture Positioning
(FCCP)
Symbolic New York City imagery that women
everywhere can relate to
32
Nail Makeup
Lips Makeup
Eye Makeup Face Makeup
$3.99~9.99
PRICE
Marketing Mix of Maybelline
$3.99~14.99
$6.99~24.50
$3.99~8.50
Source: Amazon. COM & eBay. COM
33
Marketing Mix of Maybelline
Distribution:
Build up outlet near or at college
campus
mass market
Retailing channels
37
Marketing Mix of Maybelline
Promotion4:
Co – Marketing :
Sponsor for Fashion show
Wedding Essentials Magazine
38
Marketing Mix of Maybelline
Promotion4:
Advertising
39
Marketing Mix of Maybelline
Promotion4:
Advertising
Fashion Icon as
Spokespersons
Olympic gold medalists
40
Marketing Mix of Maybelline
Promotion5:
Slogan & Jingle
Eyes that glow with enchantment
Lipstick: The sidewalk is your
catwalk
Maybe she’s born with it. Maybe
it’s Maybelline
41
Marketing Mix of Maybelline
Promotion6:
Free makeup consulting
42
Marketing Mix of Maybelline
Promotion7:
Upgrading the brand image
Redesign of product Packaging:
43
Marketing Mix of Maybelline
Promotion7:
Upgrading the brand image
social service
Provide scholarship
44
Marketing Mix of Maybelline
Promotion7:
Holding contest and providing
scholarship
45
Marketing Mix of Maybelline
Source: 2006 Annual Report L’Oréal
46
Enhancing the capacity of
Maybelline--- Problem shooting
Enhancement of the product mix -
New product formulations to keep up with technological advances
and changing consumer preferences.
47
Enhancing the marketing Mix of
Maybelline--- Problem shooting
The use of innovation at the heart of value
creation
48
Enhancing the marketing Mix of
Maybelline--- Problem shooting
Constantly improving industrial productivity
49
Enhancing the marketing Mix of
Maybelline--- Problem shooting
The reorganization of the supply chain
50
Enhancing the marketing Mix of
Maybelline--- Problem shooting
reduction of administrative and commercial costs
51
Market analysis
Strong growth in the cosmetics market
52
Market analysis
Global cosmetic share
53
Market analysis
Definition of cosmetics industry
The U.S. FDA defines cosmetics as:
"intended to be applied to the human body for
cleansing, beautifying, promoting attractiveness,
or altering the appearance without affecting the
body's structure or functions.“
The FDA specifically excludes soap from this
particular category.
54
Market analysis
Gucci
Rochas
Escada
Puma
Anna Sui
Ghost
Yardley
Bogner
Tosca
Max Mara
Mexx
Max Factor
Old Spice
Secret
Lacoste
Vidal Sassoon
Aussie
Infusium 23
Noxzema
Laura Biagotti
Koleston
Wellaflex
Shockwaves
Hugo Boss
Pantene
Olay
Head &
Shoulders
Clairol
Herbal
Essences
Nice’n
Easy
Natural
Instincts
Cover Girl
SK-II
Rejoice
PROCTER & GAMBLE
55
Market analysis
Galderma
Innéov
Laroche-Posay
La Roche-Posay
Active
Vichy
Giorgio Armani
Ralph Lauren
Fragrances
Shu Uemura
Oicasso
Paloma
Parfums Guy
Luxury
Lancôme
Biotherm
Kiehl’s
Laroche
Matrix MizaniKérastase
Inné
Professional
L’Oreal Prof.
Redken
Mininurse
Yue-Sai
La Scad
Maybelline NY
SoftSheen.C
Consumer
L’Oreal Paris
Garnier
L’oréal Group
56
Market analysis
Lux
Ponds
Vaseline
Suave
Timotei Finesse
Salon Selectives
Axe/Lynx
Impulse
Rexona/Sure
Degree
Dove
Sunsilk
Organics
Unilever PLC
58
Market analysis
Aveda
Bobbi Brown
Bumble &
bumble
Donald Trump
Estée Lauder
Grassroots
Jo Malone
Kate Spade
La Mer
Michael Kors
Stila
American Beauty
Aramis
Clinique
Darphin
The Fragrance
Donna Faran
Flirt
Good Skin
MAC
Origins
Prescriptives
Rodan + Fields
Tommy Hilfiger
Estee Lauder
59
Market analysis
Anew
Skin-So-Soft
Techniques Hair
Care
Avon Color
Avon Solutions
Advanced
Avon Naturals
Mark
Avon Wellness
Avon
60
Market analysis
Hidrofugal
La Prairie
SBT
Juvena
Florena
Nivea,
8×4,
Atrix,
Labello
Marlies Möller
Eucerin
Beiersdorf AG
61
Market analysis
Serge Lutens
Auprés
D’ici là
Ipsa
Ayura
Ettusais
Decléor
Nars
Zirh
Fitit
Kesyo-akusei
Yuxia
Za
Sea Breeze
Shisedo,
Clé de Peau
Beauté
Carita
Beauté Prestige
International
Parfums Issey
Miyake
Parfums Jean
Paul Gaultier
Oarfums Narciso
Rodriguez
Soka Mooka
FT Shiseido
Zotos
Shiseido
62
Market analysis
Aveeno
RoC
Clean & Clear
Biapharm SAS
Neutrogena
pH5.5
Retin-A Renova
Ambi
Johnson & Johnson
63
Market analysis
Genny Krizia
Fiorucci
Parfums
Ferrari
Morris
Sergio
Tacchini
La Perla
Henkel Lion
Corp.
Paon
Fresh Kight
Schwarzkopf &
Henkel Inc.
Dep
L.A. Looks
Citré Shine
got2b
Smooth ‘N
Shine
Schwarzkopf
Professional
Igora
Sihouette
bc Bonacure
Seah Hairspa
Osis
Indola
Schwarzkopf
& Henkel
Schwarzkopf
Brillance
Gliss Kur
Taft
Schauma
Palette
Diadermine
Fa
Henkel
64
Competitors analysis
Mass-market product in America
65
Competitors analysis
Mascara total dollar sales in America
66
Competitors analysis
Mascara total unit sales in America
67
Industry Trend
New target segment
Seniors
Men
Natural cosmetics
The rapidly-growing area
Government regulation
Global expansion
Emerging countries
68
Industry Trend
Seniors’ segment
69
Industry Trend
Men’s segment
70
Industry Trend
Natural cosmetics
Stricter legislation in E.U., U.S. and Canada.
Phase out the use of chemicals linked to cancer,
birth defects and other health problem
Replace them with safer alternatives
71
Global
Expansion
Industry Trend
Source: L’Oréal
72
Industry Trend
Emerging countries
73
Opportunity Hunting
Unfamiliar with local
countries
Increase marketing and
R&D expanse
Increase total sales
Growing market
Global
expansion
Increase marketing and
R&D expanse
Follow government
regulation
Increase reputation
Natural
cosmetics
It’s not popular now
Inconsistent brand image
Increase marketing and
R&D expanse
Increase total salesMen’s
segment
Increase marketing and
R&D expanse
Increase total salesSeniors’
segment
ConsProsTrend
74
Opportunity Hunting
Seniors’ segment
Focus on over 35 years old
0 16 25 35
75
Opportunity Hunting
Competitor analysis: 5Ps
Instant Age Rewind® Age Defying ®Product
Over 35 years oldOver 35 years oldPositioning
Mass marketMass marketPlace
Christy TurlingtonHalle BerryPromotion
$17.40~$19.99$17.98~$27.98Price
MaybellineRevlon
Source: Amazon. COM & eBay. COM
76
Opportunity Hunting
Natural cosmetics
Maybelline is natural
Multi- functional make-up
Global expansion
Emerging countries in Asia and Latin
America
77
Global marketing strategy -
recommendation
Product
Natural Product
Relating packaging to
paper or organic
ingredient
By using non-chemical
constituent could get
through the cosmetics
legist ration.
Price
Slightly higher than mass
Natural cosmetics - Maybelline is natural
78
Global marketing strategy -
recommendation
Promotion
Upgrading brand image
by against animal testing
Emphasizing on
environmental protection
Celebrity influence
Distribution
First test marketed in
Mature Market. North
America and Europe
Mass Market: drugstore,
retailing merchants, and
grocery store
Natural cosmetics - Maybelline is natural
80
Global marketing strategy -
recommendation
Promotion
Giving you younger-
looking skin instantly
Using Senior models or
celebrity as spokesperson
Distribution
First test marketed in
Mature Market, such as
North America and
Europe
Mass Market: drugstore,
retailing merchants, and
grocery store
New target segment-seniors
81
Global marketing strategy -
recommendation
New target segment-seniors
New products in 2007
Instant Age Rewind® Double Face Perfector
Christy Turlington
82
Global marketing strategy -
recommendation
Global expansion
Focus on emerging countries and set up
subsidiaries
China→ L’Oréal China Co. Ltd
India → L’Oréal India Private Ltd
Russia
Brazil
Mexico → L’Oréal Mexico S.A. de C.V
83
Global marketing strategy -
recommendation
Global expansion
Product
Focus on whitening and anti-UV
product
Have more shades to meet
consumers’ need
Promotion
Take a famous person in host
countries as spokesperson
84
Reference Source
Books
2.何琦瑜(民94)。就是要美麗:全球第一大化妝品集團L'Oréal打造魅力品
牌的故事(1版)。臺北市:天下雜誌。
Newspaper
4.Eye makeup emerges as the star performer. (2006, September 11). Chain
Drug Review, P.1
Research Report
6.Merrill Lynch, Pierce, Fenner & Smith Incorporated (2007). L’oréal (Rep. No.
10648500). United Kingdom. Unpublished.
7.ODDO Securities Corp. (2007). L’oréal. Paris, France. Unpublished.
8.Christine Bittar. (2004, June 21). Amid changing demos, a burst of skin
tones, colors. Superbrands, s34
9.Tim Little, Sanford Lewis, Pamela Lundguist (2006). Beneath the skin –
Hidden liabilities, market risk and drivers of change in the cosmetics and
personal care products industry. Virginia, U.S.: the Investor Environmental
Health Network.
10.Bear Stearns & Co. Inc. (2007). L’oréal. London, United Kingdom.
Unpublished.
85
Reference Source
Internet
2.Heather Michelle. (Jul 30, 2006). Associated content. Top mascara under
10 Retrieved December 21, 2007 from the World Wide Web:
http://www.associatedcontent.com/article/46830/top_mascara_under_10.html
3.Susan Antonelli. (Oct 18, 2007). Associated Content, Inc. Mascara Review:
Millions to Chose From, Are They so Different?. Retrieved December 21,
2007, from the World Wide Web:
http://www.associatedcontent.com/article/411784/mascara_review_millions_to_chose_from.html?page=2
4.Christine Bittar. (Jan 3, 2000). CNET Networks, Inc. En La Familia - Procter
& Gamble's Cover Girl cosmetics brand targets Hispanic market - Brief
Article. Retrieved December 21, 2007, from the World Wide Web:
http://findarticles.com/p/articles/mi_m0BDW/is_1_41/ai_58586525
5.L'Oréal USA, Inc. (2007). Maybelline New York. Our History. Retrieved
December 21, 2007, from the World Wide Web:
http://www.maybelline.com/aboutus/our-history.aspx
86
Reference Source
1.The History of Maybelline. (2002, July19). Nzgirl Online. Retrieved
December 21, 2007, from the World Wide Web:
http://www.nzgirl.co.nz/articles/1193
2.Maybelline New York. (2007). MAYBELLINE - HISTORY. Retrieved
December 21, 2007, from the World Wide Web:
http://www.maybelline.co.uk/about_us/l282l283.htm
3.L'Oréal USA, Inc. (2007). L’Oréal: cosmetics, beauty, perfumes. Our
Brands. Retrieved December 21, 2007, from the World Wide Web:
http://www.loreal.com/_en/_ww/index.aspx
4.Wikimedia Foundation, Inc. (2007). Cosmetics. Retrieved December 21,
2007, from the World Wide Web:
http://en.wikipedia.org/wiki/Cosmetics
5.Amazon.com, Inc. (2008). Health & Personal Care. Retrieved January
15, 2008, from the World Wide Web: http://www.amazon.com/
6.eBay Inc. (2008). Health & Personal Care. Retrieved January 15, 2008,
from the World Wide Web: http://www.ebay.com/