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Retailcosmeticssephorabodycarecentersmarketingplan 110402121354 Phpapp01
Retailcosmeticssephorabodycarecentersmarketingplan 110402121354 Phpapp01
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1.2. Market Analysis
Substitutes
See
Natural products,
Cosmetics and fragrances sold in retail stores Appendice
1.2
Barriers of entry
Image of a brand internationally known,
Organization and logistics,
Width of ranges,
Marketing force of the existing companies
2
1.3. Direct and indirect competitive
analysis
INDIRECT COMPETITION
Qualitative competitors: Drugstores, supermarkets, Reserve
Naturelle
DIRECT COMPETITION
Marionnaud, Nocibé, Douglas, Yves Rocher
For more details, see Appendice 1.3
4
1.6 SWOT
5
1.7 Positioning
• USP:
- Diversification of products
- Own brand products
- Customer services quality
- Store presentation
- Packaging
-Atmosphere
6
1.8 Sources of Information
• QUESTIONNAIRE
• See appendice « Questionnaire »
• COMPANY’S WEBSITE
• http://www.sephora.com
• WEB
• http://en.wikipedia.org/wiki/Sephora
• http://www.drive-management.com
• http://www.les-horaires.fr/enseignes
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2.1 Marketing Strategy
• Next year, Sephora is going to launch the project of a body
care center in Troyes. The Spa will provide massaging and
waxing services.
• The second market chosen for the new service is men living
in Troyes and its suburbs, aged between 20 and 45,
belonging to the upper middle class.
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2.3 Desired Marketing-Mix
• Next year, we will improve both price and quality of service of 5%.
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3.1 Main Cooperative Bodies
(1+1 > 2)
• We have decided to cooperate with Yves Rocher :
– Shops in the same area
– Sephora transports a luxury image (famous brands)
– Yves Rocher has a family and biological spirit.
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3.2 Retaining Marketing Activities
• Sephora should continue :
– Selling its own brand of makeup and body care lines, to keep
its advantage on competitors
– Focusing on seasonal promotion (Christmas, Mother‟s Day…)
– Giving samples to customers
– Its advertising campaigns (through website, posters…)
– Information points
– Loyalty cards
– Word of mouth
– Magazines / Newspapers
– Social Networks
13
3.5 Enhancing Service Marketing Principles
(3 P‟s)
• Employees: Sephora could first hire professionals to come to the
Spa and perform the massaging according to the registered
appointments.
When services are developed, Sephora could use trained
employees. They should however wear the Sephora uniform.
• Location: The Spa could take place in two rooms, at the back of
the actual store. One room for massaging and another for waxing.
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APPENDIXES
Appendix 1.2
•
Barriers
Estimated to
of entry
0,3
Bargainin
Bargaining g power •
power of the of Estimated to 0,2
customer suppliers
• Estimated to 0,4
Substitutes
• Estimated to
0,1
Appendix 1.3
Critical Success
Marrionaud’s Nocibé’s
Factors of Sephora
Diversification of Less salespersons,
Warm atmosphere,
products, + own freedom of the
colors
production customer
Quick payment, not
Customer Service +
More samples given much time to wait at
samples
the cash register
Products/store Advantages with
Quality of products
presentation membership
Product packaging Slightly lower price Bio products
Products sometimes
Atmosphere/ smell less expensive
Appendix 1.5
Quality of
services Offer
15 % Mix Brands
Physical 30 %
attributes 35 %
15 %
Price
5%
ADVERTISING
DIRECT
MARKETING
30 %
60 % PUBLIC
RELATIONS
10 %
Appendix 1.6
Packaging
Store
N Presentation
M
M N
D
N This perceptual map is the
best for Sephora.
Diversification of products
Quality of
+5%
services
Offer Adaptation
15 % Brands
Mix of the
Physical 30 % marketing
attributes 35 % mix
15 %
Price +5%
5%
ADVERTISING ADVERTISING
DIRECT 30 % DIRECT 25 %
MARKETING MARKETING
60 % 55 %
PUBLIC
RELATIONS
PUBLIC
RELATIONS
10 % 20 %
Appendix 2.4
STRENGHT WEAKNESS
Diversification of Products
M
Appendix 2.6
• Massage
• 30 minutes: 40€
• 2 massages per hour, opened from 10am to 7pm
• 18 massages per days: 720€ per day. 540x6=4 320 per week
• 3240x52= 224 640 € per year
• Waxing
• Face 20 minutes: 15 € : 405€ per day : 2 430€ per week
126 360€ per year
• Legs 30 minutes: 30 € : 540€ per day: 3 240€ per week
168 480€ per year
• Bikini 15 minutes: 30 € : 1080€ per day : 6 480€ per week
336 960€ per year
It is impossible to perform several waxing services at the same time.
The yearly sales forecast is thus impossible to plan in a exact way.
Actually, we can forecast an average result of 210 600 € per year.
• Total Yearly sales Forecast: 224 640 + 210 600 = 435 240 €
Appendix 3.4
• Free gifts – a free 15 minutes-face-massage when contracting more than 2 another services
• Point of sales materials – posters, displaying stands in the store – present the product/service to the customer
• Info points – we will present our new service with experts and trained staff so that customers can get information
• Loyalty cards – a customer fills up a card and is rewarded with a free treatment.
• Word of mouth - the best form of advertising because 70% of consumers trust peer recommendations and only 18%
trust advertisements. Flyers distribution to get recommendations – to get a positive effect on the business. Encourage
people to talk about us.
• Magazines / Newspapers – they are effective - magazine advertising would be better value for money. Younger
people of our market – through magazines. AIM : raise our sales by 10 % within 6 months.
“Lower television advertising in exchange for magazine advertising and to keep within the same budget, whilst
increasing exposure”
• Social networks – are one of the best opportunities on the Internet - Facebook users provide information such as
their age, gender, location and interests. Target our ads directly to the demographic we want to reach.
• E-mail - we will also use our email marketing list – people who have expressed interest in knowing when we offer new
services. We have segmented our email list so that we can send appropriate emails to media and our customers.
A week Assistant of
Sales Mothers‟ after manager in
See 3.4
Promotion day father‟s collaboration
day with head office
3 weeks A week
before after Marketing team
Advertising starting fathers‟ of head office
See 3.4
date day
3 weeks A week
Public before after Marketing team
See 3.4
Relations starting fathers‟ of head office
date day
Appendix 3.7
Resources in % Expenses in %
Loan 70 Promotion: 25
Free gifts
1+1>2 5 Point of sales materials
Info points
30
Loyality cards
Equity 20
Advertising:
Word of mouth
Interest Income 5
Magazins / Newspapers
15
Facebook
E-mail
15
Special Offers
15
Marketing Research:
Analyst fees
Publich Relations:
PR campaign support
Non allocatd funds:
Total budget € 100,000 100,000
Questionnaire (Translated to English)