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INTERNATIONAL MARKET COMPETITIVENESS REPORT

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INTERNATIONAL MARKET COMPETITIVENESS REPORT
INTERNATIONAL MARKET COMPETITIVENESS REPORT

Olive SkinCare Company is an Australian owned organic skincare brand which encompasses a range of organic certified goods by the Australian Certified Organic organisation (Olive Skincare, 2013). Its unique market proposition is based on pure organic olive oil, a unique soap making process, its organic status and the benefits this product has on things such as eczema and psoriasis (Com Luv, 2011).
Marketing Position (S.W.O.T)- Developed in accordance with www.oliveskincare.com.au
STRENGTHS
WEAKNESS
OPPORTUNITIES
THREATS
Already established Australian business.
Very little knowledge or experience in overseas markets when it comes to making the product or distributing it under the OOSC brand or with a third party.
Chance to learn about a new market, cultures and label laws. Opportunity to establish relations with existing complementary brands.
Potential market threats like big or long term players e.g. L’Oreal who already have a well established brand and higher buyer power.
Unique value proposition with natural olive oil.
Unique value proposition does not appeal to all markets, the product is based on one value element of olive oil only.
Opportunity to explore local and national ingredients. Could expand into new organic areas with relations of that country.
Existing market entrants from obtaining olive oil or similar products to market the same end consumer to.
Organic accreditation for the olive oil and certain products.
Organic accreditation will differ by country, new accreditation required. In Australia AOC changes have stopped the release of several organic certified skincare.
Look at international organic accreditation, establish new worldwide partners for ingredients and explore avenues for the existing batch to be ruled organic internationally.
Local resident feedback, Australian consumer perceptions on how in one country one is perceived as organic, other not so. Could be challenged



References: Bloomberg News, 2013, ‘China Animal Testing Complicates L’Oreal’s Expansion’, Bloomberg, Retrieved 4th Dec 2013, Country Meters, 2013, ‘South Africa Population Clock’ , Country Meters, Retrieved Dec 6th 2013, ComLuv, 2011, ‘Benefits of Olive Oil On Skin Health’, ComLuv, Retrieved 2nd Dec 2013, DFAT, 2013, ‘Australia in the Asian century’, Australian Government, Retrived 2nd Dec 2013, < http://www.dfat.gov.au/publications/asian-century/downloads/china.pdf> Euromonitor, 2013, ‘Skincare In South Africa’, Euromonitor International, Retrieved on Dec 8th 2013, < http://www.euromonitor.com/skin-care-in-south-africa/report> Gain Report, 2009, ‘Food and Agricultural Import Regulations and Standards - Narrative’, USDA Foreign Agricultural Service, Retrieved Dec 6th 2013, Grant Thorton, 2013, ‘Companies – tax rates’, Grant Thorton, retrived Dec 6th 2013, < http://www.budget2011.co.za/budget-news/tax-schedules/companies-tax-rates/> Hopkins, B.E. (2008), ‘Western cosmetics in the gendered development of consumer culture in China’, Journal of Feminist Economics, Vol 13, Issue 3-4, pp 287 Market Line Market Line. 2012. Market Line Industry Report. [ONLINE] Available at: http://ehis.ebscohost.com.ezproxy-m.deakin.edu.au/ehost/pdfviewer/pdfviewer?vid=3&sid=d0f69931-bbe5-46fb-b6cd-efbf88e3df21%40sessionmgr110&hid=104). [Accessed 02 December 13]. OOSCC Facebook, 2013, “Timeline photos”, Facebook, Retrieved 3rd Dec 2013, Olive Oil Skin Care, 2013, ‘Organic Certification’, Olive Oil Skin Care Company, Retrieved 1st Dec 2013, < http://www.oliveoilskincare.com.au/index.php?main_page=page&id=4> Salary Explorer, 2013, ‘Salary Survey in South Africa’, Salary Explorer, Retrieved Dec 4th 2013, Scribd, 2005, ‘Report Cosmetic market Indonesia’ Scribd, Retrieved 4th Dec 2013, TTB, 2013, ‘Labeling Requirements’, US - International Trade Division, Retrieved Dec 6th 2013, Torees, JA, 2011 Wang, C.C.L. (2001), “The rise and fall of direct selling in China: lessons for international marketers”, Journal of International Marketing & Marketing Research., Vol. 26 No. 3, pp. 139-50.

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