Professional Documents
Culture Documents
Globsyn Business School: Batch - PGDM Group - Date
Globsyn Business School: Batch - PGDM Group - Date
Batch - PGDM 07
Group -
Date -
PROJECT ON MARKETING
STRATEGIES
Topic : Cosmetics
Cosmetics :
Definition of cosmetics industry
The U.S. FDA defines cosmetics as:
“intended to be applied to the human body for
cleansing, beautifying, promoting attractiveness,
or altering the appearance without affecting the
body's structure or functions.”
The FDA specifically excludes soap from this
particular category.
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Contents :
Brand Overview
Current Market Position
STP Analysis
Marketing Strategies
Other Strategies
Reference Source
5
Lakmé Overview
1952
Dr. J. L Nehru personally
requested JRD Tata .
Started as 100%
subsidiary of
‘TATA Oil Mill’ (Tomco).
Lakmé Overview
1995
50-50 JV with ‘Hindustan
Lever Limited’ to form
‘Lakmé Lever’.
Lakmé Overview
1998
TATAs sold their Stakes
to HLL for 45 million
US$.
TODAY
Lakmé Lever is the
No. 1 cosmetics brand
in India.
Lakmé Overview
Unilever
Hindustan
lever
Lakme
Current Market Position
Others (mrkt.
Followers)
10%
REVLON (Mrkt.
Follower) Lakmé (Mrkt.
11% Leader)
L’Oréal (Mrkt. 52%
Challenger)
27%
S.T.P. Analysis of Lakme
Segmentation
Target Market
Positioning
Segmentation
Age :
Youngster 16-25 yrs.
Office Lady 26-35 yrs.
Career woman 35 yrs. &
above
Target Market
Lakme’s core
target audience of
16 to 25 year-old
women.
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Positioning :
(Mass Market) Young
Eyebrow
Kajal
Nail Polish
Sun Expert Lipstick
High Inexpensive
Price Price
Nail Polish
Moisturizer
Matte Effect
Mature
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Marketing Strategies
Market
ing Mix
Place
Prom Produ
otion ct
Price
Marketing Mix of Lakmé
Products :
Lakmé Eyes
Lakmé Body Care
Lakmé Face
Lakmé Body Care
Lakmé Lipsticks
Lakmé Body Care
Lakmé Nails
Lakmé Body Care
Lakmé Defense
Lakmé Body Care
Lakmé Intense Body Milk
Rs. 55-275
Eye Makeup Face Makeup
Rs. 75-120
Nail Makeup
Advertising
Distribution Target
Sales Force Channel customers
Public Relations
Lakme means……………………
Fashion
Ignites inflammable needs of a women
Need for head turning attention
Need for feeling nice about oneself
A heady mix which few women can ignore-
captured 52% of market share.
Beauty they say is skin deep- Lakme strived to
fathom its depth.
Sales Promotion
Summing up
Women feel beautiful in many ways. It takes
earnestness & consistency through product
cycles to nurture & enhance their self image. It
takes intensity to win their
hearts…………………
Advertising
Fashion icon as Katrina Kaif
News Papers
Magazines
Media
Advertising
Slogans & Jingles:
Nine to Five : “make up
that survives the day.”
LAKMÉ FASHION
WEEK :
A kind of beauty
saloon to satisfy
‘individual customer’
http:// www.lakme.com
http:// www.lakmeindia.com
http:// www.lakmefashionweek.co.in
http:// www.lakmebeautysalon.in
Marketing Mix of Lakmé
Place:
Malls opening in
Delhi, Mumbai,
Hyderabad, Chennai
and Kolkata- luxury
cosmetics brand.
Availability in most
departmental stores.
Marketing Mix of Lakmé
Target Market
Delhi
Kolkata
Mumbai Bangalore
Chennai
Other Marketing Strategy of
Lakmé
Industry Trend
Opportunity Hunting
Industry Trend
New target segment
Seniors
Men
Natural cosmetics
The rapidly-growing area
Government regulation
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Opportunity Hunting
Natural cosmetics
Lakme is natural
Multi- functional make-up
Global expansion
Emerging countries in Asia and Latin America
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