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Beauty-Products-Original-Bus - Plan Original
Beauty-Products-Original-Bus - Plan Original
OBJECTIVES
1. To develop a line of beauty products that meets the
needs and expectations of the target market.
2. To establish a strong brand image for the product line
that resonates with the target market.
3. To achieve sustainable growth in sales and
profitability for the product line over time.
MARKETING ASSET
The marketing asset for the product line will include
high-quality product photography and videos showcasing
the product in action. Additionally, influencer marketing
and social media advertising will be used to reach the
target market.
DEMAND ANALYSIS:
Market research will be conducted to understand the
needs and preferences of the target market. This will
include surveys, focus groups, and analysis of competitor
products.
SUPPLY ANALYSIS
Suppliers will be evaluated based on their ability to
provide high-quality ingredients and materials at
competitive prices. Consideration will also be given to the
supplier's reliability and ability to meet production
deadlines.
MARKETING STRATEGY
The marketing strategy will focus on promoting the
product line as a high-quality, long-lasting makeup
solution that enhances natural beauty. The product line
will be promoted through social media, influencer
marketing, and partnerships with beauty influencers.
PRODUCT
The product line will include face primer, foundation,
contour powder, eyebrow pencils, and eye primer. The
products will be available in a variety of shades to
accommodate a wide range of skin tones.
PRICE
Pricing will be competitive with other high-end beauty brands.
Special promotions and discounts will be offered to first-time
customers to encourage trial of the product.
PLACE
The products will be sold online through the company's website and
through select retailers. Retail partners will be selected based on
their reputation and reach within the target market.
PROMOTION
Promotion will be focused on social media and influencer marketing.
The company will also participate in beauty trade shows and events
to promote the product line to industry professionals and consumers.
PRODUCTION PROCESSES
Production processes will be carefully designed to ensure high-
quality products that meet the needs and expectations of the target
market. Quality control procedures will be implemented throughout
the production process to ensure consistency and reliability.
INCOME STATEMENT OF PRODUCT
The income statement for the "GlowPro Beauty Primer
Set" is as follows: