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Lush cosmetics conclusion
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In the year 1995 Liz Weir and Mark Constantine later bridged together with Helen Ambrosen, Mo Constantine, Rowena Bird and Paul Greaves joined forces to do what they loved doing; which was making cosmetics with natural ingredients. The current creative team falls back to over 20 years working with each other, previously developing products for The Body Shop and later on forming into the company “Cosmetics To Go” which after a quite a success unfortunately had its downfall. It was after running a competition amongst their customers that the name “Lush” was born. Thriving every day, Lush Cosmetics is presently over 700 stores and have quite a lot of factories spread over 40 countries worldwide.
1.1) Explain the various elements of the marketing
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For Lush this will aid in elevating customer satisfaction. Along with all the focus on the customer’s needs, this would mean Lush would fully depend on its marketing department and the research to accomplish the business objectives and goals. Hence this would possibly cause an imbalance within Lush and the process of the work flow could be compromised.
Through concentrated market research, Lush will be able to gain market familiarity and hence evaluate their competitors’ position in the market. This gives them the opportunity to develop better promotions and provide better products. Implementing the Marketing Concept, Lush will also be undertaking a lot of investments that would go into the market research. These would be continual investments since the 21st century market expands into the technological infrastructure.
By the means of attaining a high level of customer satisfaction, Lush will eventually develop a loyal customer base. Consequently leading to gaining brand recognition and depressing their vulnerability to other competitors. With the persistent emphasis on the consumer’s wants and needs, Lush cosmetics will not only divert from its overall gals but also the prospects of
Cosmetics: The Lost Years : Notable women who paved the way for today's cosmetic industry.(Annie Turnbo Malone and Madame C.J. Walker)
Nevertheless, it must “defend” its current market share if not increase it, by maintaining premium quality and develop innovative products. The marketing mix strategies will effectively achieve targeted revenue and profitability in the near future.
Based on the case, Lawson Cosmetics has an unresolved issue. They cannot decide on whether they should take the new branding initiative global, which is brought up by Gupta. Lawson is obviously a multinational company. In my opinion, they should develop major elements to market locally, and regionally and globally at the same time with a consistent brand image, but they need to adapt its brand to different markets by different ways carefully.
Operating in a competitive industry, Sperry/MacLennan Architects and Planners has realized that to be successful, maximize profits and market share, and survive for the long term, it has to incorporate market research in its business practices. The company values its core principles and understands that to stay competitive, it is important to understand the environment, the market, and its clientele to succeed. Gaining understanding of its market helps the company reach their sales goals, business objectives, build their brand, and ultimately customer loyalty.
Lush is a company that being socially responsible, first of all, the company is trying their best to save the environment and protect the earth, most their product is handmade and 100% vegetarian, they use fresh natural ingredients such as fruit, honey to make their product. Moreover, in the lush product, it contains lesser toxic chemical compounds, most of the product does not have synthetics. Lush is also knowing for their naked product, their product is being sold with no extra package or just simple wrap, and their package is recyclable and biodegradable which is eco-friendlier and less waste. Also Lush is a company that against animal testing, the company cares about the animal welfare, their recent charity campaign is against canned hunting.
Product as an element of the marketing mix is at the base of Primark 's marketing strategy, as it is meant to attract customers researching those very actual benefits which only Primark products should be able to provide. In this Primark also has to be careful, shall other companies adapt their products to provide similar benefits the targeted customers may chose other companies ' products, so benefits may also comport risks for Primark as those are not very specific.
Based on the information provided in the L’Oreal case, Yue Sai struggled to grow and capture additional sales in the high-end Chinese cosmetics sector. In the past, L’Oreal attempted to position Yue Sai in several different ways which can be viewed as detrimental to the company image, showing uncertainty as the company struggles to see which positioning strategy will stick. The most recent positioning presented in the case, which desires to “deliver Yue Sai’s longstanding brand promise that ‘Nobody knows Chinese skin better than Yue Sai’”, allows the highest probability of success for the company capitalizing on countless fresh trends in Chinese cosmetics (6). The positioning statement would reflect this new strategy: “For the modern Chinese woman Yue Sai offers a line of high-end cosmetics. Unlike other high-end cosmetics Yue Sai combines traditional Chinese medicine and sophisticated technology adapted to the unique skin type of Chinese women.” Yue Sai saw reasonable success and hope in the new Vital Essential line which utilized traditional Chinese medicine and, therefore, resulted in above average repeat purchases. Continuing to focus the strategy around traditional Chinese medicine should benefit Yue Sai considerably. Another suggested strategy would be to wholly reposition Yue Sai, however this is ill advised. As stated in the case, Yue Sai tried numerous different positioning strategies, which ultimately provided no clear path strategy. Repositioning would show uncertainty in the company, lowering brand value in the eyes of the consumer.
There are over a thousand ingredients that are used in cosmetics that are already proven to be safe for human use. These ingredients can be mixed and matched creating new and unique products. Many people argue that this is not suitable for the demanding market. The craving for "new" and "im...
According to the textbook case study, the main reason is due to the market in the United States for cosmetics are very mature, not to mention extremely competitive. Because of this, Avon made the decision to put its emphasis – and resources – in less-competitive markets. (Daniels, 2010)
· The Right Marketing Mix – Is the product right?, Is it sold in the
The US and Western European markets are reaching saturation- therefore cosmetic companies see the future markets for their products in Central and Eastern Europe, Chi...
In this world, creating a new product, as good as it may be, is not enough. The success of any product, in this day and age, depends grandly on the way it is presented to the market. Marketing is responsible in assuring a successful launch of a product, new or reinvented, and to assure its sustainability in this competitive world. For those reasons, billions of dollars are spent each year on tools and strategies to improve marketing research and predict the success of a product: many marketing firms form focus groups, do trials and conduct many tests just to end up with a fairly high percentage of failures.
But before being able to meet the needs and wants of customers as well as providing them with benefits. We need to work out:
Nearly 60 per cent of the whole fragrance market is dominated by the men’s category which is also highly fragmented and keeps evolving with change in attitudes and lifestyle. Besides, high-end perfumes in the male category are also doing a brisk business courtesy the growing urge among urbane Indian males to stay well-groomed.
Beauty product can be defined as cosmetics; materials and devices made and sold for the purpose of enhancing the physical attractiveness of users or in other words, as any product, especially a cream or lotion, intended to improve a person's appearance . We live in society where people nowadays are very obsessed with beauty and spending so much money on beauty products. Since we were children, the society taught us that beauty is happiness, wellness and everything. This creates a mindset that only attractive physical appearance is beauty, even though ‘beauty’ is a very subjective word where it can apply to many things. It is a rare sight these days to