Marketing Strategy report on Loreal Paris

Number of Words : 5909

Number of References : 25

Assignment Key : PMSL-17588

Popular By : Loreal SWOT Analysis, Loreal Porter’s Five Forces Analysis, Loreal Marketing Objectives, Loreal Marketing Strategies

Contents

  • Content for this assignmentSummary 3
  • Content for this assignmentIntroduction 4
  • Content for this assignmentTerms of Reference 4
  • Content for this assignmentObjectives 5
  • Content for this assignmentSituational Analysis 6
  • Content for this assignmentSWOT Analysis of L'Oreal Paris 7
  • Content for this assignmentPorter’s Five Forces Analysis 8
  • Content for this assignmentDifferential Advantages 9
  • Content for this assignmentAnalysis 12
  • Content for this assignmentSegmentation Targeting & Positioning (STP) 13
  • Content for this assignmentMarketing Objectives and goals (SMART) 17
  • Content for this assignmentMarketing Strategies and Programs (4P's) 19
  • Content for this assignmentMeasurements and Control 24
  • Content for this assignmentConclusion 24
  • Content for this assignmentReferences 25
  • Content for this assignmentBibliography 29
  • Content for this assignmentAppendices 30

Description

The following report attempts to examine the marketing strategy of L’Oreal Paris with respect to their product Men Expert Hydra Sensitive after-shave balm in the Australian market. Subsequent to the examination of the strategy, a marketing plan is developed for the company so that it can achieve 20% of the after-shave market valued at Aus $12 million and sustain it for the first 3 years and increase it to 30%, valued at Aus $18 million, after this period. Various marketing tools and techniques are used for the analysis since the Australian market represents unique customer segments. The product is developed for the mass market and hence a number of advertising channels are used. Measurement and control mechanisms are also incorporated.
It is found that the market is extremely competitive with the presence of local as well as global players. At the same time, the market is growing rapidly and an increasing number of potential customers are using the product regularly. Given the global nature of the brand and other differential advantages, L’Oreal Paris can achieve its market objectives through the use of the following marketing plan.

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