Estée Lauder Companies

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    The Estée Lauder Companies The company I researched was the Estee Lauder Companies (ELC), whose motto is “Bringing the best to everything we touch” ( http://www.missionstatements.com/fortune_500_mission_statements.html). First of all, I was impressed with the lay-out of the sitehttp://www.elcompanies.com/Pages/Homepage.aspx. It was very sleek and professional –looking. The writing-style, font-size, and uniform background color were easy on the eye. I was drawn to learn more. At the top I clicked

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    The Estèe Lauder Companies Inc. is an American manufacturer and marketer of prestige makeup, fragrance, hair care products, and skincare. The company operates in the Americas, Europe, Africa, Asia Pacific, and the Middle East. The headquarters are located in New York City, New York and have about 44,000 people as of June 30, 2015 (Marketline, 2016). Mrs. Estee Lauder and her husband, Joseph Lauder, founded the company in 1946. The brand was launched with the following four products: super rich all-purpose

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    Most people think of Estee Lauder as just a brand, but she is also a successful businesswoman. She went from dirt poor to the richest self made women in the world. (“Estee Lauder” bio) Estee Lauder was important to the growth of the cosmetics realm and has revolutionized and shaped the cosmetics industry not only with her progression from a small town girl to a cosmetic titan, but also with her hopes to give the gift of beauty, simplicity, and cost efficiency simultaneously. Josephine Esther Mentzer

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    Mentzer transformed the cosmetic industry with her highly proclaimed line, Estee Lauder. The company name derives directly from Josephine Esther’s name. Although Estee’s name was well known, her birth date never was. When asked her age she recited the now famous line, “You ask my age? I tell you it simply doesn’t matter.” Estee Lauder Company believes the natural "glow" of a woman's skin to be the real essence of beauty. Estee Lauder knows that beauty comes in many different forms, and through her “cosmetics

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    Case Study On Cosmetics

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    cosmetic company, which is called Stila Cosmetics, in United States of America. Stila Cosmetics is an American cosmetics company founded in 1994. The cosmetics line is headed by makeup artist Jeanine Lobell. The name Stila (pronounced STEE-la) was derived from the Swedish word "stil," which can mean "style". Stila's official website is quoted as saying that they chose that name because they believe "every woman’s makeup should be as individual as her own signature". Estée Lauder Companies bought Stila

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    Estee Lauder

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    Introduction Estee Lauder Companies, Inc is a U.S manufacturer and marketer of skin care, cosmetics, hair-care and fragrance products. The company's headquarters are in New York City. It was founded in 1946 by Estee Lauder and her husband Joseph Lauder. Her first step was to convince Madison Avenue to carry her product but she failed. Then she started her business by selling the product directly to the customers. With that success she began to target the high-class customers by selling the product

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    Business Description Estee Lauder Companies is a world leader in prestigious beauty products. It operates in 150 countries, incorporates more than 25 brands and has a history of more than 70 years. Estee Lauder Companies was founded as a family business in 1946 with headquarters in Midtown Manhattan, New York City. Started with 4 initial products, it now incorporates fragrances, skin care, hair care, and make-up products. Its main competitors are Unilever, P&G, L’Oréal, and Avon. Initially, the key

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    Estée Lauder Advanced Night Repair Serum has different volume and that lead to different price. The volume of the serum has 1 ounce and 1.7 ounce for customers to choose in size. The 1 ounce is smaller and easy to carry as a travel size which provide convenience, and the 1.7 ounce is more value for people who use the serum daily; 1 oz. for $65, 1.7 oz. for $95 and two 1.7 oz. with selling price $165 (Estee Lauder company, 2017). Estée Lauder company uses prestige pricing strategy which is the company

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    of my dream." -Estee Lauder. Because of her relentless determination in achieving her dream, Estee Lauder transformed her one-woman operation into a multi-billion dollar corporation. Her company, Estee Lauder Inc., dominates the world of beauty and the cosmetics industry in America, earning over $10.2 billion in sales annually. Estee Lauder is a remarkable woman who never lost sight of her dream and never missed an opportunity to get her closer to achieving it. However, Estee did not discover

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    Estee Lauder Case Study

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    factors that Estee Lauder faces include the threat of substitute and the threat of new entry. Although the cosmetics and skincare market are dense, cosmetics startup are striving due to ease of promoting and selling through social media. In a highly saturated market, Estee Lauder brand can rely on their strong brand name and heritage. The Estee Lauder parent company’s main competitors are COTY Inc, L’Oreal International, Shiseido Company Ltd., and LVMH group. Some of the Estee Lauder brand’s competitors

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