Introduction
Wardah is a popular well known cosmetic company in Australia and going to distributed / export to overseas country, that focusing on how to make healthy and glowing skin also anti-aging. Our product include facewash , moisturiser , night cream, morning cream, sunblock, mask. Our product is not contain animal substances, all of them is made of natural grew ingredients. Our objectives is to make high quality product with reasonable price and also make our customer satisfied with the results. Our products is already certified with no fragrances and animal cruelty free to prevents animal death.
Objectives of the research :
- To understand about new market that Wardah company going to export
- To evaluate customers interested in
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Customers in Vietnam show that more likely buy cosmetic made in overseas and they more prefer skin care products
- http://www.omicsgroup.org/journals/malaysian-cosmetic-market-current-and-future-prospects-2167-7689-1000155.php?aid=65405 according of this websiteThe industry of Cosmetic expected to record faster growth in the next years than was achieved in the previous years. Expenditure on personal care products is expected to continue to grow over the coming years. In particular, This website showed important information on the current market situations of the cosmetics industry in Malaysia. Researches related consumers’ purchasing and expenditure on cosmetics are still needed because it seems that consumer’s behavior is changing over time.
- http://www.euromonitor.com/beauty-and-personal-care-in-indonesia/report this website showed about value sales growth, desirable target for beauty and personal care, multinational company dominate beauty and personal care in Indonesia, segmented product offering targeted at specific needs.
- http://www.gcimagazine.com/marketstrends/regions/asiapacific/Singapore-a-Growing-Beauty-Hot-Spot-in-Southeast-Asia-221481651.html this website showed that Singapore is one favourite destination for southeast Asia country for buying cosmetic product, creating product lunch in
To conclude, the cosmetics industry is a highly competitive industry internally with a high level of entry barriers. Supplier power is low in contrast to the high consumer power due to the high level of substitution available. Overall it is a very attractive and highly profitable industry, with low PE ratios and high growth
Cosmetics and personal care industry is growing day by day as people are becoming more sensible about their appearance. Not only women but men are also attracted to improve their looks. Canadian men had started taking care of their skin and became more conscious about beauty to enhance their professional credibility. Men’s grooming market has viewed growth since 2010 with little downfall in 2014 and then again grew and reached at CAD 1,009.0 million in 2015 (Graph 1) (Passport
The main target market for the company is people of 15 and over years of the age, who represent healthy and luxurious lifestyle, and appreciate high quality product. Such people are mostly representatives of business who loves take care of their health and body: regular work out in gym, yoga, SPA, aroma therapies etc. Those people demonstrate elegant style in everything, starting from a coffee what they drink and finishing a shampoo or hand lotion what they use. Bright example of such group of customers can be those who prefer Starbucks coffee to Tim Horton’s one.
The business that has been chosen in order to define the business environment is the Total face group. It is one of the listed ASX companies. The main area of the business of the company is providing various types of treatment of skin and other hair treatment through laser technology. It has various other competitors in the Australian market. The main customers of the business are the teenagers, men and women who are more concerned about the skin. The company offers various types of treatment of skin and hairs. The men and women between 30-70 age groups are the main customers (Movado and Rodrigo, 2001, p.171). Most of the customers of the company are located online as the company sells its products online to outside countries and to the people of
In some aspects, Luxury goods definition might be different among countries. For example, a Calvin Klein man’s T-shirt just sells about $40 in US, but it will be sold about $90 or even more in China; a Tommy Hilfiger women dress only sells $120 in US, but it will be sold about $260 or even more in China. Therefore, Chinese customer regards Calvin Klein and Tommy Hilfiger as light luxury goods, which is still being expensive but compared with Prada and Louis Vuitton, Calvin Klein and Tommy Hilfiger, is less expensive. However, American customer does not treat Calvin Klein and Tommy Hilfiger to light luxury goods, which is just as normal brand like Abercrombie & Fitch. So we can clearly notice that same brand has different price positioning in different countries. The same situation also happens to skin care product. An Estee Lauder advanced night repair serum just sells $62, about 390 RMB; but it can be sold in 1050RMB, which means this product price in China is three times in US. Price. For this reason, more and more Chinese customer likes buying luxury goods overseas, especially in Hong Kong and Macau or other travel
It is not a surprising phenomenon that men are becoming important consumers in the fashion and cosmetic products which are traditionally supposed to reserve for female consumption since the turn of the millennium. Men’s cosmetic market has experienced a tremendous growth in recent years. Men are more aware than ever of the trends in grooming themselves. For specific countries, this phenomenon is even greater with the specific culture and context that contains fierce competition as well as intense concern about outside impression. In particular, South Korea is one of the largest consumers of men’s skin care products, claiming about a fifth of worldwide sales. In 2012, South Korea men spent nearly 500 million dollars on skin care products alone. And South Korea is also the “male make-up capital of the world” for consuming 20 percent of the world’s total male cosmetics (Jaeil&Yoon-Jung, 2013).
Nature Care products recognizes the unique expectations from individual consumers and have developed its niche product lines, such as make up, perfume, body deodorant, nail polishing, lipsticks, hair dyes, etc. These products intend to solve customers’ skin problems with the quality to offer specific therapy and cosmetics solutions. With the demands of various consumers Nature Care products main marketing objective is to provide a product range in each niche to fit various customers ' needs.
It has been found that skin care product users are positively related to self and health consciousness. Consumers value their state of emotion and physical well-being. In terms of skin care products, it is one of many factors influenced to maintain one’s need for care of general appearance (Yeon and Chung, 2011). According to a pharmaceutical journal by Niha Naveed, on average women use 12 skin care products daily, and men use 6. This following literature review will attempt to support the hypotheses.
The above answers indicated that consumers enhanced the importance of brand and design instead of the manufactured country. Interviewee M9 supports this by sharing “I had only used label to judge product’s country previously, but now, I will use other information to help me.”
The company’s customer focus in the groups of people who out of work, as they are high spending power, so they more willing to buy cosmetics and spending more money in cosmetics. Moreover, ageing population in Hong Kong is an opportunities for the enterprise selling the beauty and skincare products because the customers want the youth appearance, so they willing to buy the beauty and skincare products. In addition, Hong Kong people more concern their health, since their Health-related awareness is increasing. According to Sun Life Asia Health Index 2015, it found that 59% of Hong Kong people who thought healthy was very important to them (Sun Life Hong Kong, 2015). Currently, Bonjour have selling the health supplement products, since they think healthy more important to them, so they notice more in health
As conclusion, the Malaysia websites that we choose are Clinique and M.A.C which under the cosmetics field. One of the different between them is Clinique also under beauty field but M.A.C not. Clinique has a vision which is to meet individual skin care needs. Clinique introduced the 3-Step Skin Care System. In 1976, Clinique was provides the skin care products for men. Besides, Clinique also be innovation on the product to satisfy the market requirement. The excellent of Clinique is it will provide consultants to customer who didn’t have the knowledge of skincare. The consultants of Clinique were standards in this field. On the other hand, M.A.C was established in Canada. The name of M.A.C stands for Make-Up Art Companies. They are more focus on the needs and requirements of customers. Thus, they would build up a good relationship between them and customers. M.A.C was expanded by Estee Lauder Companies after purchased a percentage of M.A.C.
With the global beauty industry value being estimated around US$265 billion by 2017, it is evident that the cosmetic industry is a successful one. Hence, this paper will focus on the elements that have shaped the personal grooming industry, into what it is today.
We decided to do cosmetic for our business which is imported from South Korea. Our company is called "Etude House". Our products include lipsticks, mascara, eyeliner, and powder and cheek color balm. The aim of our business is to let customers who are interested in Korean cosmetics to be convenient by using the internet to purchase goods rather than shop in local stores. Thus we do online shopping only to our business. We use internet promotion method in social media such as Facebook and blogging. As makeup products tend to be have high consumption in the market, customers are willing to have a good looking, so this can satisfy them with our product.
Surprisingly, females and males are becoming a strong candidate for skin care products. Therefore, the Indian manufacturers are developing family care brands. They are also producing male and female brands separately. Nonetheless, the male segment of the market is not so big now. It is, just 8% of the 10 billion dollars Indian market of personal care.