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L'oreal mini case analysis

20 de Jun de 2017
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L'oreal mini case analysis

  1. THE SUCCESS STORY • Founded by Eugene Schuller in 1909 and headquartered in Paris, France. • Markets 27 global brands. • Operates across five divisions selling high-end luxury cosmetics, professional hairstyling products, specialized dermatological products, mass-marketed consumer beauty products and Body Shop brand.
  2. L’OREAL ICONIC BRANDS
  3. HOW DID L’OREAL ACHIEVED SUCH A HUGE SUCCESS?
  4. DEVELOPING EFFECTIVE COMMUNICATIONS HERE IS THE ANSWER
  5. ADVERTISING • Celebrity endorsements supported by 35 diverse international ambassadors.
  6. SALES AND PROMOTION
  7. EVENTS AND EXPERIENCES • L'Oréal aligns its communication strategy with fashion events by sponsoring global events.
  8. L'Oréal partnered with Rent the Runway, a leading online rental fashion store, for its campus program. In more than 200 college campuses in the U.S. it reached over 1.1 million female students.
  9. INTERACTIVE MARKETING
  10. L'Oréal has also established loyalty programs such as L'Oréal Paris Golds Rewards to appeal to its consumers.
  11. L'Oréal believes this will revolutionize the way women shop for makeup. • Destination Beauty, a YouTube channel that provides on latest trends to audience. • Makeup Genius, a virtual makeup tester, allows women to try different looks.
  12. Discuss L'Oréal Paris’s message strategy and creative strategy in light of its slogan and use of brand ambassadors. Do you think L'Oréal Paris has adopted its IMC strategy effectively in the Middle-east? • L’Oréal uses a rich integrated marketing communications mix across TV, print, events, experiences, interaction and social media. • the slogan spread the message of respect and recognition for women. • Each tool is implemented keeping in view local preferences and customs. • uses celebrity endorsements in the middle east. • developed specific promotional campaigns for popular festivals in middle east. • also partnered with Mooda.com to launch its first e-commerce platform in the middle east. Najwa Karam, first ambassador of L'Oréal in middle-east.
  13. Evaluate L'Oréal approach to events, experiences, and sponsorship. Has L'Oréal been effective in selecting its partners? • L'Oréal believes that events bring brands to life and are key component of its IMC strategy. • It effectively integrates promotional events with the celebrity power of its brand ambassadors. • Yes, L'Oréal has been effective in selecting its partners. It aligns its communication strategy with fashion events by sponsoring global events. • It also works on partnerships to gain visibility across strategic traditional and digital media developing its marketing communications.
  14. What are the benefits of content-based marketing for a beauty brand like L'Oréal? Do you think L'Oréal is right in completely integrating its traditional and digital media? • Content based marketing helps incorporate best message strategies to build creative messages that increase its brand equity. • A blend of traditional and digital promotions is crucial so as to cater to every segment of society. • Consumers are increasingly using digital and social media. • Yes, I think the company is right in completely integrating its traditional and digital media. • By developing content using how-to videos, information on trends, fashion tips, virtual makeup trials, celebrity appeals, and covering glamorous awards and fashion events, L'Oréal stays relevant to the subject of beauty globally.
  15. SUMMARY The success story
  16. DISCLAIMER Created by Shikha Chaudhary, NIT Surat during a marketing internship by Prof. Sameer Mathur, IIM Lucknow.
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