Marketing Strategy and Plan For Beauty Cosmetics Products Assignment

Assignment Task

Case

Beauty and Me is a company offering cosmetics products and is one of the most popular brands in your country. The company’s primary offerings are Hair and skin care products and caters to low and middle income segments. The company has been in the market for 80 years now and enjoys a huge and loyal customer base. The customers have been vouching for reliability and safety of the product. 

The company has been logging impressive growth and enjoys 8% market share. The majority of the market is still captured by local brands (40%) in both mass and premium product categories. For the last decade, international brands have been successfully penetrating the local markets and now hold 10% of the market share and the growth rate has been surpassing the growth rate of all other players in the market. International brands have been successfully able to leverage the strong branding and product line. 

The board of directors for Beauty&Me at this point, is looking forward to entering new geography. You are just hired as head of marketing and are supposed to review the case of entering the new geography and prepare an entry strategy for the same. 

• Analyse the business environment of the new geography (Chose a geography/country of your own choice) and evaluate the decision to enter the market using PESTEL Analysis
• Prepare a marketing strategy for the new geography. Employ SWOT & 4 P's framework for the same. You can use any other framework/analysis as per the relevance.
• What model of expansion (franchising, sub-contracting, etc) to be employed and Why?
• What are the pros and cons of going global at this point of time.
• Develop a brief Marketing and Communication plan and recommendations. 

1. Choose a company you work for or any company of your liking or a specific product.

Briefly explain about the company or the product which you chose. (Mention the background, vision, mission, and why you chose)

Do a business environment analysis using Porter 5 Forces Analysis for the company or the product you chose and interpret the results in your own words.

2. Assume the company you work/or any other company wants to expand a product to a new country or wants to launch a new product

Briefly explain about the company/product and why you think this company’s move will be a success.

Perform a 4 P’s (marketing mix) analysis on the new product to be launched and write a recommendation to the company based on the analysis results about the go-to-market strategy for the same.

Briefly explain about marketing campaigns/advertisements (TV Commercials or print ads) which influenced you as a child.-

Explain reasons (minimum 2) why this campaign/advertisement influenced you.

Do you think this ad will have an impact on the current generation, explain why.

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