L'Oreal Case Study

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 41

L’ORÉAL

COMMUNICATION
GROUP 5
NO NAME STUDENT ID

1 Trương Khánh Linh 1617710089


2 Hoàng Thùy Linh 1610710079
3 Lê Thị Mai Linh 1617710080

4 Hồ Thị Ánh Như 1617710108


5 Nguyễn Thị Phương 1617710117
Overview of L’Oreal

Going to market plan

Research analysis

Recommendations
AN OVERVIEW OF
L’ORÉAL
The 3rd
largest
cosmetics
company
Five major beauty categories

Hair color Hair care Hair style


Five major beauty categories

Cosmetics Skin care


Product
Different but not disintegrated
Consumer products: For teenagers + young women
Professional products: For hair salons + hairstylists
Luxury products: For men + women
Ethical cosmetic and beauty Care Company
Universalization
Respecting differences

10
Awesome words
Because key words are great for catching your audience’s attention
CUSTOMER COMPETITORS COMPANY

The current target MAC and Clinique Established in Europe


market: young women and the US.
and teenage girls, Expanding to Mexico,
middle-class women Japan and China

14
CURRENT SITUATION OF
L’ORÉAL COMMUNICATION
GOING TO
MARKET PLAN
PRODUCT

PRICE

PLACE

PROMOTION
Many brands

4 major divisions:
L’oreal Luxe
Consumer Products
division
Active Cosmetics division
Professional Products
division

L’oreal products are


properly tested
Premium pricing,
competition, geography
served and product demand

Products division brands:


retail channels

The Luxe division products:


supermarkets, cosmetics
stores, own-brand outlets
and even online

Prefers to maintain value-


based pricing strategies
Products are made
available to customers
worldwide

Vast distribution
networks

Have many different


companies worldwide

130 countries in 5
continents
Promotions are done at
various levels in different
countries

The campain “Because


We’re Worth It”

Aggressive marketing mix


promotional strategy

Various CSR
commitments
MARKET GAP
Marketing gap is

An unmet consumer need or a group of potential customers

Opportunities for companies to expand customer base

Identification of gaps in the market is an important step in


increasing market penetration
Identifying L’oreal’s market gap

14 % 12,8 %

20,2 %
9,5 %

8,8 % 13%
How do
these
campaigns
fill the
market
gap??
A collaboration between
L’Oréal and McCann
Worldgroup Deutschland

The inspiration behind the


advertisements was
revealed in a Facebook
read..
“To dramatize these facts, McCann created
print ads that correct the perception of
women leaders as less then men. To add a
dose of humor, they directed the ads at men.
To make then eye-catching, they used actual
L’Oréal products to build the infographics.”
Based on an Artificial
Intelligence-powered
algorithm

Aims to customize the


customer buying process
At L’Oréal Paris, they
believe that every woman
is worth it

Each year, 10
extraordinary women are
chosen
RESEARCH ANALYSIS
Data verification
Customer Segments
Sex
Income Female (Preferred)
10 - 30 millions VND/month

Age
Makeup purchase frequency
18 - 45
1 - 10 times/3 months

Location
Purchase cost per time
Hanoi
200.000 - 2.000.000 VND
Methods

In-depth Survey
Observation
Interview
Observation

34
Observation

35
In-depth Interview

Expected to bring the most reliable results


95% out of 20 target audiences has consumed or at least
heard of L’Oreal.
Quality | Price | Packaging
Awareness of promotion tools: 12 people know the first
two promotions

36
Survey
Type: Online
Response: 201
94, 5% responding that they have heard of L’Oreal
¾ responses feel impressed at the way these promotions
display

37
Limitation 1 The diversity of product lines

2 The content of promotions

3 Rational customer
RECOMMENDATIONS
Integrated Marketing Communication
Sell services
T HThank
A Nyou!
KS!

You might also like