Brand/Organisation: L’Oréal
Student Name: Kerry Lynne Thompson
Student Number: 130285308
Module Code: MKT1002
Degree Programme: BA Hons Marketing and Management
Introduction to L’Oréal.
L 'Oréal is the world 's largest cosmetics and beauty company and has been the market leader since 2001. They market 18 brands and are divided into four categories - consumer products, professional products, luxury products, active cosmetics. They operate in many varied distribution circuits in over 130 countries (L’Oréal, n.d).
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The External Marketing Environment in which L’Oréal Operates In.
Political
A political challenge for L 'Oréal is the requirement to conform to different government leadership styles in the various countries they operate within. They faced a decline in dermatology from its Galderma brand due to new legislations governing drugs (Euromonitor, 2005). The EU law affects L’Oréal, as they are restricted with their use of certain chemicals such as Phthalates, which are carcinogenic (The Rules Governing Cosmetic Products in the European Union). L’Oréal is obligated to produce safe products that don’t contain any harmful substances (Sadik, 2013).
Also, legislation for advertising has an effect. L’Oréal must follow rules set by the Advertising Standards Authority. For example, advertisements cannot be misleading or over-exaggerate the functions of a product (The Control of Misleading Advertisements Regulations 1988). L’Oréal faced legal issues with their Elvive
Throughout Martin Luther King Jr.’s “Letter from Birmingham Jail” He expresses much passion. King not only used this letter in response to the several clergymen, but he has a bigger audience in mind as he goes along. In the “Letter from Birmingham Jail,” Martin Luther King Jr. uses persuasive techniques to respond to the negative letter he received. King uses not just one persuasive techniques in different parts of his letter to better get his point across, which allows the letter to better relate to all who read it. By clearly stating the problem, and going over how it can be resolved in a just, fair manner, King go against the clergymen’s letter with a clear and persuasive mind set.
The main function of the business to create a safe and natural company that the public is able to recognise as a brand that looks after the consumer. As a brand, we want to return the quality to the customer if they are trusting us to look after their bodies and needs. The statistics are alarming for all the nasty products placed in current beauty products: one in five of all beauty products contain chemicals linked to cancer, 80% contain ingredients that
As the perfume, cosmetic and toiletry preparations industry entered the 1990s, it faced many challenges including regulatory changes, product safety concerns, increasing environmentalism, natural ingredients, pressure from the growing animal right
We are all aware of the common misconception that college athletes should be paid. However, I believe that college athletes that not only should they not be paid but are undeserving of being paid. There are many things to consider and take into account when mentioning compensation and college athletes. The truth is, paying colleges athletes leads to a number of internal and external conflicts that could easily be avoided.
This example stands as evidence that the Body Shop has been able to maintain its ethical culture despite being owned by L'Oreal. When the French company acquired the Body Shop, there was concern that there would be a culture clash between the two companies. L'Oreal was known for testing on animals, and its founder was a supporter of the Vichy regime during the Second World War, setting a tone as a company devoid of ethics. More recent reports have the company getting into trouble in court for systematic race discrimination, a landmark case in France (Christafis, 2007).
To answer this question, one must first know the definition of the tragic hero. A tragic hero, as defined by Aristotle is a character who is noble in nature, has a tragic flaw and discovers his fate by his own actions. In Things Fall Apart, a novel by Chinua Achebe, Okonkwo can be considered a tragic hero because he meets all of Aristotle's criteria by being a tragic hero by being a successful and respected leader in Umuofia, having a tragic flaw, and discovering his fate soon after his action.
Reduce information in packaging and advertisement, use common terms that is easily understood. Packaging and Advertisement should focus in L’oreal name.
So, the world's leading cosmetics company L’Oreal buying two local cosmetics firms for a share of China's vanity cash. One is Mininurse and another is Yue Sai. These are two competitive company is Chinese market as both of them are in the list of China’s top 10 cosmetics brands in 2002. Mininurse is one of the brands belong to Shenzhen Raystar Cosmetics Company. It set up by Li Zhida in 1989. Another company is called Yue-Sai Kan Cosmetics Ltd which founded in 1992. After the two acquisitions, L’Oreal group had 14 different brands in China in 2004. In order to manage these brands, L’Oreal set up a differential products and brands strategy to each brands. They called it “Pyramid Brand Structure”. There are four level of the pyramid included Luxury Products, Professional Products, Active Cosmetics and Consumer Products. This pyramid could ensure the marketing positioning for the 14 brands owned by L’Oreal.
The Revlon Beauty Company is a global and classic brand. An advertisement found in Glamour Magazine, promotes the sales of Revlon’s well-known nail polish enamel. The ad features a man with a woman’s hands draped over him to promote new nail polish colors. Revlon attempts to convince readers to purchase beauty products, including nail polish, through the use of colorful imagery, diction, and appeals to pathos and ethos; overall the ad is fairly effective at convincing the target audience of women ages 18-40.
MARKET SHARE WORLDWIDE COMPANY Procter & Gamble L’Oréal Unilever Colgate-Palmolive Colgate Avon Products Esteé Lauder Cosmetics Beiersdorf Johnson & Johnson Shiseido Kao
Today there are more cosmetic products on the market all over the world than ever before. There has also been an emphasis on beauty and how one presents themselves to others. The combination of these factors lead to an increase in demand for cosmetics. The Food and Drug Administration (FDA) has little to no control over the regulation over the safety of the ingredients included in personal care products on the market. Problems arise because there are known and identified toxic chemicals in many cosmetics, but not much has been done to change neither the ingredients nor information the general public knows of this problem. The FDA does little to nothing to regulate known toxic ingredients, but alternative ingredients have been
The majority of Americans apply products to their body multiple times a day without knowing what ingredients are in those products. Most of the products sold in the United States are considered toxic because of their ingredients. Shockingly, U.S Law states that “cosmetic products and ingredients do not need Food and Drug Administration (FDA) approval before they go on the market” (Prohibited & Restricted Laws). Without regulation, harmful ingredients are slipped into products. These harmful ingredients can cause dangerous side effects such as cancer, skin irritations, hormone disrupters, and more. With a push for FDA product regulation, toxic ingredients in cosmetics could eventually be prohibited in regards to our country’s safety.
L'Oreal invests heavily into its research and development to satisfy its changing consumer demands and lifestyle. L'Oreal has to watch out for new sector entrant such as Playboy as they are launching a cosmetics range. (Brand Strategy, 2005).
As the consumer attitude gradually changes, people are more in favor of the natural and safe products in cosmetic market. Australia consumers are not exception. They respected green-added cosmetics, namely, they are increasingly in pursuit of natural, pollution-free cosmetics with no chemicals added. Consequently, the products of chemical-free will gain competitive advantages in Australian cosmetic market to meet the consumer’s psychological needs for green, organic skin care products.
Considering these environmental trends and cultural differences into account, positioning Yue Sai as a provider of “delicate luxury cosmetics for mature Chinese women” under the LCD of L’Oreal, is the ideal choice. It will help L’Oreal establish a sustainable and profitable presence in a Chinese market segment inaccessible by its other sub-brands.