HOUZIT HOMEWARE ORGANIZATIONAL OVERVIEW This assignment is divided into two tasks: Task 1 is the preparation of a report and Task 2 relates to the development of a marketing plan for Houzit. Task1 HISTORY The company is named Houzit Pty Ltd‚ it is a retailer for home wares. Houzit is a chain of homewares stores in Brisbane that specializes in bathroom fittings‚ bedroom fittings‚ mirrors and decorative items.. It is a growing business. It has 15 stores in Brisbane area‚ with all stores being
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REVLON CASE STUDY Danny Dimo Professor Golnoosh Hakimdavar Business Policy – 490 27 January 2011 Revlon is known as one of the best cosmetic companies of all time and is considered to be one of the worlds largest. The primary core products of Revlon are specialty skin products‚ salon-quality beauty and hair products to include its drugstore line of makeup. Revlon is based in New York and traded publicly. Their goal and vision has been to consistently provide quality beauty
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Case summary Alfin Fragrance Inc. was a US based importer and marketer of high end French perfumes and cosmetics. The company was going to introduce an industry breakthrough product – Glycel‚ which was acted like an anti aging crème. The product would be demonstrated and sold at the best departmental and Glycel was expected to provide Alfin Fragrance a fortune as an annual sales of $ 30 million was expected in 1987. The industry observers speculated that Alfin Fragrance needs some external financing
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REVIEW 1. Service marketing 2. Product 3. Price 4. Place (distribution) 5. Promotion 1 = mixture of general knowledge 2 = all about product 3 = also a mixture but there is a requirement to give examples 4 = services 5 = all about communication. (see and know: communication model and discuss how the model works.) Distribution intensity: INTENSIVE: Coca-Cola‚ milk‚ bread. Distribution through every reasonable outlet in a market. Where the product is available in every possible
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L’Oreal: Introduction: The L ’Oréal Group is the world ’s largest cosmetics and beauty company.[2] With its registered office in Paris and head office in the Paris suburb of clichy‚ France‚[3] it has developed activities in the field of cosmetics. Concentrating on hair colour‚skin care‚ sun protection‚ make-up‚ perfumes and hair care‚ the company is active in the dermatological‚ tissue engineering andpharmaceutical fields and is the top nanotechnology patent-holder in the United States.[4] History:
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Identify two new products (introduced to the consumer and/or business markets within the last year) and classify them as either: a new-to-the-world product‚ a new product line‚ an addition to the existing product line‚ an improvement and/or revision of existing product(s)‚ or a repositioning of an existing item. For each product selected‚ identify what challenges you think the developing company faced in marketing this product. What rate of diffusion and consumer adoption do you foresee for these
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The Marketing Plan: everyone will tell you that you absolutely have to have one. Few of the people who say that‚ however‚ are able to tell you what exactly a marketing plan consists of. Creating a marketing plan for your small business shouldn’t take you a few hours. Ideally‚ it should take you at least a few days to do the research and have the necessary discussions — potentially even a few weeks depending on factors like the size of your market and the uniqueness of your product line(s). The following
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Security Market Line In Markowitz Portfolio Theory‚ a line on a chart representing the capital asset pricing model. The security market line plots risk versus expected return of the market. The security market line is a useful tool in determining whether a given security is undervalued and/or a market outperform. If a security plots the security market line‚ it indicates a higher expected return for a given level of risk than the market as a whole. security market line A line used to illustrate
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Product Strategy According to the smartphone market nowadays the level of competitiveness is very intense. Those major brands in the market such as iPhone and Samsung are trying to make their product outstand from other competitors. Therefore‚ in order for our business to gain some market share of this market‚ we apply for a product-differentiation strategy. Product-differentiation strategy makes Exoquip to put a good distance between our product and other existing competitor’s product. First
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may impact the industry include consumers ’ concerns about product safety and the use of animal testing by cosmetics companies[1]. In 1990‚ cosmetics giant Revlon became one of the first industry heavyweights to swear off all animal testing. Since then‚ Revlon has grown to be an animal-friendly empire‚ garnering awards for its products from magazines such as Cosmopolitan‚ Teen People‚ Allure‚ and In Style[2]. That is a signal that Revlon has an awareness of social responsibility and also showed
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