Marketing Analysis Of Aesop 's Marketing

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Marketing Analysis of Aesop
Marketing Background
Aesop is one of the Australia’s success stories in the competitive world of retailing. Dennis Paphitis established this first luxury beauty and skincare brand in 1987 in Melbourne, Australia. The purpose behind establishment of this luxury brand was to create superlative products for the skin, hair and body (Aesop: the stuff of Fables, 2012). Aesop specializes in making greatest anti-oxidant products using both plant-based and laboratory-made ingredients of the highest quality and proven efficacy. Aesop is a product-based company and regularly launches new products for skin, hair, and body in response to genuine needs expressed by its customers.
Aesop sells same product worldwide. Its top 10 products are shared across the globe and the packaging is identical for each product. Currently Aesop has 70 signature stores in capital cities throughout Australia, Europe and Asia of which four stores are in the US, which is a huge step for Aesop. While many stores are closing their doors in today’s challenging economic times, or moving from location to location to “chase” their market, Aesop keeps opening new stores. Aesop is the sole brand owned by the company, with Emesis Cosmetics Pty Ltd and Aesop Retail Pty Ltd being the two Australian based subsidiary companies representing Aesop. In 2012, Aesop and Natura Cosmeticos S.A. (“Natura”), the leading Brazilian manufacturer and direct seller of Beauty and Personal Care products
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