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The Marketing Strategy Of L Oréal

Decent Essays

Introduction
All information about L’Oréal was sourced from their website including their 2015 annual report.
L’Oréal is ranked second in the beauty and personal care manufactures in the world. The South African division was established in 1963 with five divisions divided into one manufacturing and four operating divisions. The organisation employs in excess of 500 personnel. The Professional Products brands - L’Oréal Professionnel, Kérastase, Redken, Mizani and Matrix.
L’Oréal Luxe brands - Lancôme, Giorgio Armani Perfumes, Ralph Lauren, Cacharel, Victor and Rolf, Diesel, Kiehl's and Yves Saint Laurent Beauté.
The Active Cosmetics division has two leading brands in South Africa, Vichy and Skinceuticals.
The Consumer Products division focuses on the …show more content…

User status and rates: Potential, regular and heavy users.

Loyalty status: Shifting loyalty and switchers.

Target market strategy
Concentrated marketing would be the best suited for these products as L’Oréal aims to achieve a strong market position in the form of the African population. The marketing strategy will be highly profitable but it can also be very risky since only one segment will be concentrated on.
Positioning strategy
I would change the current slogan from “Cosmetic innovation for all” to “Overall beauty for all”.
 Attribute: The ethnic hair products should be positioned as products that will not burn the scalp or cause skin reactions as previously experienced by African users.

 Benefit: the unique features of the ingredients that are suitable for the African user and this benefit has to deliver on its promise.

 Product user: As previously mentioned, L’Oréal can position these products using a brand ambassador that the target market identifies with.

 Competitor: The products can be positioned against competitive offerings.

 Origin: Africa can be the position of origin for these

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