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Cosmetics marketing planning
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The business plan I selected and will be conducting a SWOT analysis is of the Blue spa company which as the website states is, “a company that has created a brand concept consisting of both skin care and athletic apparel utilizing multiple channels of distribution.” (Bplans, 2014) This company mainly focuses on female customers that are between the age of 25 and 65. Their target audiences consist of people who are interested in healthy living, fitness and just an overall holistic approach to things. The strengths of this company consists of skin care products and fitness apparel that are of high quality which include face masks, cleansers, make up, facial scrubs body lotions, tights, shorts, socks, totes, etc. The strengths of this these quality products is that they slightly differ from brand name products which we know of because the blue spa company has their products based on two themes which are botanicals and Thallasso therapy. Another strength of theirs is the fact that there are not many fitness apparels that are targeted for women and this company is specifically aiming their products and items for women. In addition, the way the blue spa company chose to market their company by launching catalogs to educate and inform the consumers about the benefits of the Bluespa Company is also another strength because there are many older women who do not take advantage of the internet, so a catalog in their case would be very useful. Another strength is the fact that owners Ray and Barbara Brunner are the founders of this company and combined their talents and skills together, they have over 6 years’ experience in the retail industry. The weaknesses of the Bluespa Company is the fact that they target mostly educated women ... ... middle of paper ... ...ed in purchasing their products, but the Bluespa Company differs from them in the sense that they will be positioning their market in the lower price quadrant of high quality products. But because the Bluespa Company has not yet established their name consumers could question the difference between products from Clinique versus a product from this company. This company needs to market in a way like no other skin care line has ever done it, so that they are able to attract customer and satisfy their everyday needs if not much more. The strength, weakness, opportunities and threats are all things to consider when opening up a business for the first time and these are just a few examples of the Bluespa Company’s SWOT Analysis. Works Cited Bplans. (2014). Retrieved from http://www.bplans.com/cosmetics_manufacturing_business_plan/executive_summary_fc.php#.UvfVH_ldUp8
Introduction Ulta Beauty is the largest beauty retail store in the United States. They specialize in cosmetics, fragrances, skin care products, and salon services. Ulta Beauty has been in business for 25 years and has grown to be the top in their industry. With a wide selection of beauty products, their slogan is “all in one place”. The contents within this paper will provide a SWOT Analysis for Ulta Beauty.
It has also established a distinguishable name among its competitors with a reputation for leading customer service. However, even as an established venture, the company needs to maximize its profits in order to stay in business and expand into new territories beyond its conquered boundaries. A strategic analysis was carried out by our team to establish the company’s current situation. A SWOT analysis was performed to come up with three referenced, strategic alternatives. These alternatives are meant to act as strategic guidance to the company in order to enhance growth.
Before the information age, members would go join to learn how to make healthy food choices and which type of exercise would yield the best results, but now everything is available online. Weight Watchers is trying to operate in a red ocean, the market is simply flooded, and consumers have so many choices that are free, that many potential clients chose to skip the support system offered by Weight Watchers and use the free online apps. In order to attract new customers, a new plan has to be developed, and the first step in developing a strategic plan is to do a SWOT analysis. This is a critical step to finding out what the company does great, poorly, where to look for opportunities and to learn what are the major threats to the company. The next few paragraphs are the SWOT analysis that I
The SWOT analysis: The study of the firm's Strengths, Weaknesses, Opportunities and Threats called SWOT analysis, a key step in flushing out known performance issues that are important to the growth of the organization addressed in the corporation strategic plan. The issues identified in the SWOT analysis help leadership to come up with a plan and strategy to achieve the overall mission of the company (Strategic Planning, n, d). Target Corporation is one of the largest public retailing company in the US having more than 1700 stores serving guests nationwide. Target group and its brand position are evaluated in the market using SWOT analysis.--
...he oldest companies producing skin care and pharmaceutical products, it has a high level of customer care in order to create high value from their products and high customer satisfaction.
The marketing environment for Baldwin represents astounding opportunities. These opportunities also bring some challenges that the firm believes it can meet successfully. The figure below illustrates a SWOT analysis of the company conducted by our marketing team to highlight Baldwin’s strengths, weaknesses, opportunities, and threats.
A SWOT analysis is simple exercise that could be implemented on multiple subjects including an individual or a whole corporation. The SWOT analysis is an operational tool for managing change, defining strategic direction and setting realistic goals and objectives according to Simoneaux and Stroud (2011). Discovering new opportunities and manage and eliminate threats that are present in the company and the surrounding market. SWOT is a valuable technique that leads to a better understanding of the strengths, weaknesses, opportunities and treats both internally and externally. The strengths and weakness are to be considered internal factors and opportunities and threats to be e...
SWOT analysis is a necessary tool for business that allows corporations to analyze where their strengths, weaknesses, opportunities and threats lie. The SWOT tool contains paramount information about the industry and helps the executives of the business make decisions that are necessary for the business’s survival and success.
Dynamic strategic management encompasses the approaches, tools and activities organizations utilize to determine direction, increasing the likelihood of organizational goal attainment. It is an approach that suggests organizations operating in uncertain environments require a flexible plan to minimize risk and take advantage of opportunity As a tool developed to analyze a firm’s position within its operating environment, a Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis provides insight into how internal and external factors are inhibiting or facilitating advancement toward reaching organizational objectives within a dynamic environment. This paper aims to understand how a SWOT analysis assisted the Calgary International Airport Authority create a competitive business plan for their future in an uncertain environment.
By the end of 1998 though, there was evidence of a crisis occurring. Customers and media pulled together to assist senior management partake in an internal audit to identify the problems and see if they could come to a solution. The purpose of this assignment is to construct a SWOT analysis, highlighting each of the strengths, weaknesses, opportunities and threats that were highlighted in the internal audit. The SWOT analysis is contained within the marketing plan and is the third step in the marketing planning process, coming after the Marketing audit and before any assumptions. (Joisce, Ted (2002), Marketing Planning Lecture Notes – 14/10/02, Mission, Objectives, Strategy, Tactics)
This work will determine the baseline of the current market situation for the company, which is essential for any further exercise and analysis. To understand how the business model correlates with the product marketing, need to see if there is any evident cause-effect relationship between product characteristics and the nature of the product company. If such correlation exists, it will be important to see the transition of such characteristics into the company marketing strategy. It can show how company’s strategies can be successfully addressed in a real-world scenario. Both internal and external analysis, SWOT matrix will help to determine the company’s current market position.
Colgate-Palmolive has been a leader in household and personal care products. In 1991 the company planned new product launches while planning to venture into new markets (Quelch & Laidler, 2011). The company’s plan worked and now the company offers products from oral hygiene products to dish soap to dog food. This paper will discuss the company’s mission. This paper will also discuss a SWOT analysis which according to Kotler and Keller (2009) is “the overall evaluation of a business’s strengths, weaknesses, opportunities, and threats.”
In this assignment, I chose to conduct a SWOT (strengths, weaknesses, opportunities and threats) analysis on a bakery company in Kedah called Kek Sayang. Kek Sayang is a family based business. It is also the oldest bakery in Alor Setar. It started with a really small vendor established on 1st January 1980. On 2002, it has transformed to a boutique bakery. On 2006, the shop has been renovated to include a small portion of cafe-sort to cater all kind of customer. It sells varieties of handmade cakes, buns, pastries and cookies. Later on, the menu extended to drinks which include coffee, smoothies and milkshakes. Its vision is to be the best Bakery in Kedah. Thus, only the finest ingredients are used and artisan techniques are applied
Donkey Coffee and Espresso is a well-known coffee shop brand in Athens, Ohio, which sells fair-trade coffee and food products from local farm on West Washington Street. It has been around for more than 10 years. Donkey’s product mix includes high-quality espresso beverages, chocolate beverages, blended coffee and cream, brewed tea, food items and others. The SWOT analysis will focus on Donkey’s products to understand how their products contribute to success. Internally analyzing Donkey’s strengths and weaknesses helps the company determine their market position, and locating opportunities and threats externally assist to stay ahead of their competitors.
In writing the business plan, I determined our target market and our marketing strategy to gain a share of the market. I also had t...