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
Premium Brand management Brand Branding
DIVERSITY ON THE GLOBAL SCALE Roadblocks to Diversification The globalization strategy for the L’Oreal multinational company will consider managing the diversity of each country unit‚ but also enabling units to cooperate on the large scale towards the ultimate goal. The most significant roadblock L’Oreal will face is the difference in opinion over the effectiveness of such a strategy. As each country manager assessed the need‚ cost‚ and benefits of the strategy‚ each manager had come to different
Premium Discrimination Affirmative action Management
Entry Strategies For Indian Market Ultra Doux Shampoos • Masstige product under the brand name Garnier • Combination of low cost and natural ingredients • Price at 15% premium of their nearest competitor • Positioned as a superior alternative to Conditioner Shampoo and provided excellent performance Ultra Doux • Contributed to 30% of sales value of entire Ultra Doux Range of products Conditioners Excellence Hair Colorants • Breakthrough product which was a result of strong gap analysis
Premium Middle class Lower middle class Color
innovation and geographic expansion”. The situation which is in 1995 sales of the company were 53.4 billion from over 2000 products which were sold under 500 brand names in over 150 countries includes their three important focuses.. However‚ they had problems in terms of making money still after 8 and 9 years because they gave more importance to some aspects which are not necessary for consumers so their cost also increased that prevent their making money. Competitor: Some of the biggest competitors
Premium Procter & Gamble Brand Trademark
Pestel 3.1.1 Political and Legal Forces The political challenge is that L’Oreal should conform to all the different government leadership styles in various countries it operates within. L’Oreal faced a decline in the dermatology branch led by its Galderma brand due to new legislations governing drugs (Euromonitor‚ 2005). The EU law affects L’Oreal. L’Oreal is restricted in their use of certain kinds of chemicals‚ such as Phthalates which is carcinogenic (The Rules Governing Cosmetic Products in
Premium Cosmetics European Union
Loreal Paris Created in France‚ L’Oréal Paris brings the sophistication and elegance derived from its French heritage to women and men all over the world. L’Oréal Paris offers leading-edge products that out-perform the competition to people who care more about the way they look. Our passion for innovation‚ performance‚ style and a sense of premium is encapsulated in the ’because you’re worth it’ philosophy. Our core values are supported by our strong investment in scientific research and technology
Premium L'Oréal Cosmetics Mascara
L’ORÉAL COMPANY PROFILE – SWOT ANALYSIS December 2012 SCOPE OF THE REPORT Scope All values expressed in this report are in US dollar terms‚ using a fixed exchange rate (2011). 2011 figures are based on part-year estimates. All forecast data are expressed in constant terms; inflationary effects are discounted. Conversely‚ all historical data are expressed in current terms; inflationary effects are taken into account. Beauty and Personal Care Baby and ChildSpecific Products
Premium Brand Brand management Developed country
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
Premium Brand L'Oréal
Key Issues Facing L’oreal Core Competencies L’Oréal has created several core competencies that have created value and served to gives L’oreal a competitive advantage over it’s competitors. Loreal’s first core competency is seen through it’s product innovation. L’oreal is fully dedicated to creating new and innovative products at it’s advanced dermatological research facilities. L’oreal invests heavily in research and development and aims to introduce one or two new products each year‚ every
Premium Marketing Strategic management Management
SWOT Analysis A. Internal Analysis 1) Strengths The ongoing success of the L’Oreal Group is without if not for the ingenuity of the concept of their vision as a team. The primary strength of the Company is the continuing research and innovation in the interest of beauty which assures that the L’Oreal Cosmetics offers the best to their consumers. Their dedication to their continuous research makes them the leader in the growing cosmetics industry despite the competition in the market. L’Oreal’s
Premium Cosmetics L'Oréal