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L’oreal Case

By:   •  Essay  •  386 Words  •  November 9, 2009  •  1,708 Views

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Essay title: L’oreal Case

Strengths:

• Synergy’s skin care market volume has increased for the past 5 quarters. With an annual rate of 12 percent and 16 percent in dollar sales.

• Synergy’s market hasn’t been explored much. Other companies offer either 1 to 2 products. Or they offer high end products that are not mass marketed. There isn’t a middle priced market. It is either high end or low end.

• Belle Couleur is the market leader in France. With 22 different shades to choose from.

• The hair coloring market has increase has nearly doubled since 1986 to 1989 and is still rising.

• Belle Couleur is the main competition for middle price hair color.

Weaknesses:

• People might not associate that Belle Couleur and Synergie are product extensions of the great and trusting company L’Oreal.

• It is priced slightly higher than the lower priced products but is overall a better product for the price. It is priced in the middle of cosmetics.

• People could be brand sensitive and scared of changing from the product they already use.

• With Belle Couleur hair die was tested differently when it was made. French women have darker hair then Dutch women therefore different outcomes in hair color will show up.

Opportunities:

• A new market for hair coloring. Which is great since it is becoming dramatically popular through out the world.

• Introduce different types of hair coloring products for different types of hair. For example hair type and thickness

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