Dissertation Report of Punam Ghosh
Dissertation Report of Punam Ghosh
On
PREPARED BY:
PUNAM GHOSH
SUBMITTED TO
APRIL, 2024
PREFACE
I express my sincere gratitude to Aratrika Roy Chowdhury, Faculty, EIILM who has sincerely
provided me with critical suggestions and valuable insights which enabled me to complete this
project and bring out this report in the best way possible.
I would take this opportunity to thank Dr. R. P Banerjee (Director, EIILM) and other faculty
members for their cooperation and support.
I am also thankful to my colleagues for their motivation and to all those persons who directly or
indirectly helped me during developing this dissertation.
Signature:
Date:
DECLARATION
EIILM, Kolkata
TABLE OF CONTENT
PARTICULARS PAGE NUMBER
INTRODUCTION 1
MARKETING MIX 2
MARKETING STRATEGY ADOPTED 3-4
BY COSMETICS MANUFACTURES
MARKETING STRATEGY APODTED 5-6
BY MAYBELLINE COMPANY
INDUSTRY INTRODUCTION 7
COMPANY PROFILE 8
LITERATURE REVIEW 9-10
RESEARCH OBJECTIVES AND 11-13
METHODOLOGY
DATA ANALYSIS 14-21
OBSERVATION AND FINDINGS 22-23
RECOMMENDATION AND 24
SUGGESTION
BIBLOGRAPHY 25
Introduction
The Maybelline Company was founded by Thomas Lyle Williams in 1915, inspired by his sister
Mabel's use of a mixture of coal dust and Vaseline to enhance her eyelashes. He developed a similar
product, which he named Maybelline in honor of his sister. Initially, the company focused on eye
cosmetics, particularly mascara.
Over the years, Maybelline expanded its product line to include various makeup and beauty
products, becoming one of the leading cosmetics brands worldwide. The company's commitment to
innovation and quality has been a driving force behind its success.
Throughout its history, Maybelline has adapted to changing consumer preferences and market
trends, continually introducing new products and marketing strategies to remain competitive.
Acquisitions, such as its merger with L'Oréal in 1996, have also played a significant role in its
growth and expansion into international markets.
Today, Maybelline continues to be a trusted name in the cosmetics industry, offering a wide range
of makeup and beauty products that cater to diverse consumer needs and preferences. Its legacy as
a pioneer in the beauty industry remains strong, with a continued focus on innovation, inclusivity,
and empowerment.
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MARKETING MIX FOR IPHONE MOBILE
1. Product: Maybelline offers a wide range of makeup and beauty products, including mascara,
foundation, lipstick, eyeshadow, eyeliner, and skincare products. These products are designed to
meet the diverse needs and preferences of consumers.
2. Price: Maybelline adopts various pricing strategies to appeal to different market segments. It
offers products at different price points, ranging from affordable drugstore options to higher-end
products. Pricing decisions take into account factors such as competition, production costs, and
perceived value.
3. Place: Maybelline products are distributed through a variety of channels, including retail
stores, supermarkets, drugstores, department stores, and online platforms. The company strives
to make its products readily available to consumers in both urban and rural areas.
4. Promotion: Maybelline employs a mix of promotional strategies to reach its target audience
and build brand awareness. This includes advertising campaigns across various media channels,
such as television, print, digital, and social media. Additionally, the company engages in
sponsorships, influencer collaborations, and promotional events to connect with consumers and
drive sales.
5. People: Maybelline values its customers and invests in building strong relationships with
them. The company's employees, including sales representatives and customer service staff, play
a crucial role in delivering exceptional service and maintaining customer satisfaction.
7. Physical evidence: Maybelline's physical evidence includes its packaging, retail displays, and
store environments, which contribute to the overall brand experience. The company strives to
create visually appealing and engaging displays that showcase its products and reflect its brand
identity.
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Marketing strategies adopted by top cosmetics manufacturers
Top cosmetics manufacturers adopt a variety of marketing strategies to stay competitive and
engage consumers. Some common strategies include:
1. Product innovation: Leading cosmetics companies invest heavily in research and development
to create innovative products that meet evolving consumer needs and preferences. This includes
introducing new formulas, textures, and shades, as well as incorporating advanced skincare
technologies into makeup products.
2. Celebrity endorsements and influencer partnerships: Many cosmetics brands collaborate with
celebrities and social media influencers to promote their products. Endorsements and
partnerships help to increase brand visibility, credibility, and appeal among target audiences.
3. Digital and social media marketing: Cosmetics manufacturers leverage digital and social
media platforms to reach and engage consumers. This includes running targeted advertising
campaigns, creating engaging content, and interacting with followers through social media
channels such as Instagram, YouTube, and TikTok.
4. Content marketing: Brands produce educational and entertaining content to inform and inspire
consumers about makeup techniques, beauty trends, and product usage. This content may take
the form of tutorials, blog posts, videos, and interactive quizzes, helping to build brand loyalty
and trust.
5. Customer loyalty programs: Leading cosmetics companies offer customer loyalty programs to
reward repeat purchases and encourage brand loyalty. These programs often include perks such
as exclusive discounts, early access to new products, and personalized recommendations based
on purchase history.
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6. Retail partnerships and experiential marketing: Cosmetics manufacturers collaborate with
retailers to create immersive shopping experiences that showcase their products. This includes
pop-up shops, beauty counters, and flagship stores where consumers can interact with products,
receive personalized recommendations, and participate in beauty events and workshops.
7. Diversity and inclusivity initiatives: Many cosmetics brands embrace diversity and inclusivity
in their marketing campaigns, featuring a diverse range of models and influencers of different
ages, ethnicities, genders, and body types. This helps to reflect the diversity of their consumer
base and foster a sense of belonging and empowerment among consumers.
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Marketing strategies adopted by Maybelline Company
2. Digital and social media marketing: Maybelline leverages digital and social media platforms
to connect with consumers and showcase its products. The company runs targeted advertising
campaigns on platforms like Instagram, YouTube, and TikTok, engaging with followers through
interactive content, tutorials, and behind-the-scenes footage.
3. Product innovation: Maybelline continuously innovates its product offerings to meet evolving
consumer needs and trends. The company introduces new formulas, shades, and packaging
designs, as well as incorporating skincare benefits into its makeup products to appeal to health-
conscious consumers.
4. In-store promotions and retail partnerships: Maybelline works closely with retailers to create
engaging in-store promotions and displays that showcase its products. The company also
collaborates with retailers to offer exclusive products and promotions, driving foot traffic and
sales.
5. Diversity and inclusivity initiatives: Maybelline embraces diversity and inclusivity in its
marketing campaigns, featuring models and influencers of different ethnicities, ages, genders,
and body types. This commitment to diversity helps to resonate with a broad range of consumers
and foster a sense of inclusivity and empowerment.
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6. Customer engagement and loyalty programs: Maybelline invests in building strong
relationships with its customers through loyalty programs and personalized marketing
initiatives. The company offers perks such as exclusive discounts, product samples, and
personalized recommendations to reward repeat purchases and encourage brand loyalty.
Page6
Industry Introduction
Maybelline, founded in 1915 by Thomas Lyle Williams, revolutionized the cosmetics industry with
its innovative approach to beauty products. Initially inspired by his sister Mabel's use of coal dust
and Vaseline to enhance her eyelashes, Williams created the first modern mascara formula. The
name "Maybelline" pays homage to his sister, combining her name with the word "Vaseline."
Since its inception, Maybelline has been a trailblazer in the cosmetics industry, introducing a wide
range of makeup and beauty products that cater to diverse consumer needs. The company's
commitment to innovation, quality, and affordability has made it a household name worldwide.
Over the years, Maybelline has expanded its product line to include not only mascara but also
foundation, lipstick, eyeshadow, eyeliner, and skincare products. The brand's iconic tagline, "Maybe
she's born with it. Maybe it's Maybelline," has become synonymous with confidence and
empowerment.
Maybelline's success can be attributed to its ability to adapt to changing consumer preferences and
market trends while staying true to its core values of inclusivity and accessibility. Today, the
company continues to be a leader in the cosmetics industry, inspiring millions of people around the
world to express themselves through makeup and beauty.
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Company Profile
Maybelline, a subsidiary of the multinational beauty conglomerate L'Oréal, is one of the world's
most renowned cosmetics brands. Founded in 1915 by Thomas Lyle Williams, Maybelline
revolutionized the beauty industry with its innovative approach to makeup and skincare products.
Headquartered in New York City, Maybelline offers a diverse range of high-quality cosmetics that
cater to a wide spectrum of consumer needs and preferences. From iconic mascaras and eyeliners
to foundations, lipsticks, and skincare essentials, Maybelline products are trusted by millions of
consumers worldwide.
The brand's commitment to innovation, affordability, and inclusivity has been central to its success.
Maybelline continuously develops new formulas, shades, and packaging designs to stay at the
forefront of beauty trends and meet the evolving needs of its diverse consumer base.
Maybelline's marketing campaigns, featuring celebrities and influencers, resonate with audiences
across generations and cultures. The brand's tagline, "Maybe she's born with it. Maybe it's
Maybelline," encapsulates the confidence and empowerment that its products inspire.
With a global presence in over 130 countries, Maybelline continues to be a leader in the cosmetics
industry, empowering individuals to express themselves through makeup and skincare. Through its
commitment to quality, innovation, and inclusivity, Maybelline remains dedicated to helping people
around the world look and feel their best.
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Literature Review
A literature review of the Maybelline Company could encompass various aspects of the brand,
including its history, marketing strategies, product innovations, consumer perceptions, and impact
on the cosmetics industry. Here's a brief overview of what such a literature review might include:
1. Historical background: Researchers might delve into the origins of the Maybelline Company,
exploring its founding by Thomas Lyle Williams in 1915 and the inspiration behind its iconic
products. This section could examine the brand's early days, key milestones, and evolution into a
global cosmetics powerhouse.
2. Marketing strategies: Scholars could analyze Maybelline's marketing strategies, including its use
of celebrity endorsements, influencer partnerships, digital and social media campaigns, and retail
promotions. This section might assess the effectiveness of these strategies in building brand
awareness, driving sales, and connecting with consumers.
4. Consumer perceptions: Scholars could investigate consumer perceptions of the Maybelline brand,
including attitudes towards its products, advertising, and brand image. This section might explore
factors influencing consumer purchase decisions, such as product quality, price, and brand
reputation.
5. Industry impact: Researchers might assess Maybelline's impact on the cosmetics industry,
examining its market share, competitive positioning, and influence on industry trends. This section
could also explore Maybelline's role in shaping consumer beauty standards, cultural norms, and
social attitudes towards makeup and skincare.
Page9
By synthesizing existing literature on these topics, a comprehensive literature review of the
Maybelline Company could provide valuable insights into the brand's history, marketing practices,
product innovations, consumer perceptions, and industry impact.
Page10
RESEARCH OBJECTIVE AND METHODOLOGY
2. Market segmentation: Identify and profile different consumer segments within Maybelline's
target market. This could involve demographic, psychographic, and behavioral analysis to tailor
marketing strategies and product offerings to specific consumer groups.
3. Product development and innovation: Explore opportunities for product innovation and
development based on consumer needs, market trends, and competitor offerings. This could
involve research into new formulations, packaging designs, and product categories to enhance
Maybelline's product portfolio.
4. Brand perception and positioning: Assess consumer perceptions of the Maybelline brand and
its positioning relative to competitors. This could involve brand equity studies, competitor
analysis, and perception mapping to identify strengths, weaknesses, and opportunities for brand
differentiation.
6. Retail and distribution channels: Examine Maybelline's presence and performance across
different retail and distribution channels. This could involve analysis of sales data, channel
partnerships, and consumer shopping behavior to optimize distribution strategies and maximize
market reach.
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By defining clear research objectives in these areas, Maybelline can gain valuable insights into
consumer preferences, market trends, and competitive dynamics to inform strategic decision-
making and drive business growth.
The methodology used by the Maybelline Company may vary depending on the specific
research or project objectives. However, here are some common methodologies that Maybelline
might employ:
2. Product testing and development: Maybelline conducts product testing to evaluate the
performance, safety, and efficacy of new formulations and prototypes. This could involve
laboratory testing, clinical trials, and consumer trials to assess product effectiveness, tolerability,
and satisfaction.
3. Marketing analytics: Maybelline uses data analytics to track and analyze marketing
performance metrics across various channels. This could involve analyzing sales data, website
traffic, social media engagement, and advertising effectiveness to measure the impact of
marketing campaigns and optimize marketing strategies.
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5. Retail audits: Maybelline conducts retail audits to monitor product availability, visibility, and
shelf placement in stores. This could involve field visits, inventory checks, and store surveys to
ensure optimal product placement and distribution across different retail channels.
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DATA ANALYSIS
The data analysis conducted by the Maybelline Company encompasses various aspects of its
operations, marketing efforts, and consumer behavior. Here are some key areas of data analysis:
1. Sales and revenue analysis: Maybelline analyzes sales data to track revenue performance across
different product categories, regions, and distribution channels. This analysis helps identify trends,
patterns, and opportunities for revenue growth.
2. Market research analysis: Maybelline conducts data analysis on market research findings,
including surveys, focus groups, and consumer feedback. This analysis helps uncover insights into
consumer preferences, attitudes, and behaviors, informing product development, marketing
strategies, and brand positioning.
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6. Retail analytics: Maybelline analyzes retail data to monitor product availability, distribution, and
shelf placement in stores. This analysis helps optimize product visibility and placement to drive
sales and enhance the overall retail experience for consumers.
By leveraging data analysis across these key areas, Maybelline can make data-driven decisions,
identify opportunities for growth, and continuously improve its products, marketing strategies, and
business operations.
2. Marketing agility: Maybelline adjusts its marketing strategies to respond quickly to changing
consumer preferences and market dynamics. This includes leveraging digital and social media
platforms to engage with consumers, as well as partnering with celebrities and influencers to reach
new audiences.
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4. Global expansion: Maybelline pursues strategic expansion into new markets to diversify its
revenue streams and tap into emerging consumer demographics. This includes adapting its products
and marketing strategies to local preferences and cultural nuances in different regions.
5. Supply chain optimization: Maybelline streamlines its supply chain processes to improve
efficiency, reduce costs, and minimize disruptions. By optimizing inventory management, logistics,
and manufacturing operations, Maybelline ensures a steady supply of products to meet consumer
demand.
Overall, by taking proactive steps to address challenges and capitalize on opportunities, Maybelline
remains a leader in the cosmetics industry, continuously innovating and evolving to meet the needs
of its customers around the world.
Here's a SWOT analysis outlining the strengths, weaknesses, opportunities, and threats faced by
the Maybelline Company and how it can overcome challenges:
Strengths:
1. Strong brand recognition: Maybelline is a globally recognized brand known for its high-
quality and affordable cosmetics.
2. Product innovation: Maybelline continually introduces innovative products to meet changing
consumer preferences and market trends.
3. Wide product portfolio: Maybelline offers a diverse range of makeup and beauty products,
catering to various consumer needs and preferences.
4. Effective marketing strategies: Maybelline utilizes celebrity endorsements, influencer
partnerships, and digital marketing to reach and engage with consumers effectively.
Weaknesses:
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1. Limited geographic reach: Maybelline may face challenges in penetrating certain international
markets where competition is strong or consumer preferences differ.
2. Dependency on parent company: As a subsidiary of L'Oréal, Maybelline's growth and strategic
decisions may be influenced by the parent company's overall strategy.
3. Product concentration risk: Maybelline's heavy reliance on certain bestselling products could
leave it vulnerable to market fluctuations or shifts in consumer preferences.
Opportunities:
1. Emerging markets: Maybelline can expand into emerging markets with growing beauty
industries, such as China, India, and Brazil, to tap into new consumer demographics.
2. Digital commerce: Maybelline can capitalize on the growing trend of online shopping by
enhancing its e-commerce presence and leveraging digital marketing channels.
3. Sustainability initiatives: Maybelline can differentiate itself by investing in sustainable
practices, such as eco-friendly packaging and cruelty-free formulations, to appeal to
environmentally conscious consumers.
Threats:
1. Intense competition: Maybelline faces competition from both established cosmetics brands
and emerging indie brands, which could impact market share and pricing.
2. Shifting consumer preferences: Changes in beauty trends and consumer preferences could
require Maybelline to adapt its product offerings and marketing strategies accordingly.
3. Regulatory challenges: Maybelline operates in a highly regulated industry, and changes in
regulations related to product safety, labeling, or advertising could pose compliance challenges.
To overcome these challenges, Maybelline can leverage its strengths in brand recognition,
product innovation, and marketing effectiveness while addressing weaknesses through strategic
initiatives such as geographic expansion, diversification of product offerings, and sustainability
efforts. Additionally, staying agile and responsive to market trends and consumer preferences
will help Maybelline maintain its competitive edge in the cosmetics industry.
Opportunity:
1. Emerging markets: Maybelline can expand its presence in emerging markets with growing
beauty industries, such as China, India, Brazil, and Southeast Asia. These regions offer significant
growth potential due to rising disposable incomes, urbanization, and increasing beauty
consciousness among consumers.
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2. Digital commerce: With the growing trend of online shopping, Maybelline can enhance its e-
commerce presence and leverage digital marketing channels to reach a wider audience. By
investing in user-friendly online platforms, targeted advertising, and social media engagement,
Maybelline can tap into the expanding digital beauty market and capture online sales.
5. Inclusivity and diversity: Maybelline can continue to champion inclusivity and diversity in its
marketing campaigns and product offerings. By featuring a diverse range of models and influencers
of different ethnicities, ages, genders, and body types, Maybelline can resonate with a broader
audience and foster a sense of belonging and empowerment among consumers.
By capitalizing on these opportunities, Maybelline can drive growth, expand its market presence,
and strengthen its position as a leadingcosmetics brand globally.
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Weakness:
1. Limited geographic reach: Despite being a globally recognized brand, Maybelline may still
have limited penetration in certain international markets compared to its competitors. This could
be due to challenges such as strong local competition, regulatory barriers, or cultural differences.
3. Product concentration risk: Maybelline may face risks associated with its heavy reliance on
certain bestselling products or product categories. If consumer preferences shift, or if competitors
introduce similar products, Maybelline could experience revenue declines or market share
erosion in those segments.
4. Limited innovation in certain areas: While Maybelline is known for its product innovation,
there may be areas where it lags behind competitors or fails to introduce breakthrough
innovations. This could result in missed opportunities to capture new market segments or
maintain a competitive edge in rapidly evolving beauty trends.
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Addressing these weaknesses may require Maybelline to focus on strategic initiatives such as
geographic expansion into untapped markets, diversification of product offerings to mitigate
concentration risk, fostering a culture of innovation to stay ahead of competitors, and enhancing
brand perception through targeted marketing and communication efforts.
Threats:
3. Counterfeit products: Maybelline may face the threat of counterfeit products, especially in
regions where intellectual property protection is weak or enforcement measures are inadequate.
Counterfeit cosmetics not only undermine brand reputation and consumer trust but also pose
health risks to consumers due to potentially harmful ingredients or unregulated manufacturing
processes.
6. Social media backlash: Maybelline's marketing efforts and brand reputation could be at risk of
social media backlash or negative publicity due to controversies, product recalls, or perceived
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insensitivity in advertising campaigns. Negative sentiment on social media platforms could
tarnish the brand's image and lead to reputational damage if not addressed promptly and
effectively.
To mitigate these threats, Maybelline can focus on strategies such as differentiation through
product innovation, strengthening brand loyalty and consumer engagement, implementing
robust quality control measures, diversifying market channels, and maintaining compliance with
regulatory requirements. Additionally, staying agile and responsive to market dynamics and
consumer feedback can help Maybelline adapt to changing threats and seize opportunities for
growth.
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OBSERVATIONS AND FINDING
1. Strong brand recognition: Maybelline enjoys widespread brand recognition and is considered
a household name in the cosmetics industry. Consumers associate Maybelline with high-quality,
affordable beauty products.
2. Product innovation: Maybelline is known for its innovative approach to cosmetics, regularly
introducing new formulas, shades, and packaging designs to meet evolving consumer
preferences and beauty trends.
4. Diverse product portfolio: Maybelline offers a diverse range of makeup and beauty products,
including mascara, foundation, lipstick, eyeshadow, eyeliner, and skincare essentials. This wide
product portfolio caters to various consumer needs and preferences.
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6. Global presence: Maybelline has a strong global presence, with products available in over 130
countries. The company's international expansion efforts have helped it reach new markets and
tap into diverse consumer demographics.
Overall, Maybelline's observations and findings highlight its strengths in brand recognition,
product innovation, marketing effectiveness, diverse product portfolio, commitment to
inclusivity, and global presence, positioning it as a leader in the cosmetics industry.
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RECOMMENDATIONS AND SUGGESTIONS
Sustainability Initiatives: Implement sustainable practices across the supply chain, from
Customer Experience: Focus on enhancing the overall customer experience, both in-store
Collaborations: Collaborate with influencers, celebrities, and other brands to create buzz and
and adapt products and services accordingly to meet their needs and preferences.
Community Engagement: Engage with the community through CSR initiatives and
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BIBLIOGRAPHY
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