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The product diversification is also adopted by developing new product range which are day and night care cream for anti aging treatment.
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PRINCIPLES OF MARKETING: A CASE STUDY ON L’OREAL PARIS (CASE STUDY) Company Name: Home Of Dissertations Website: https://www.dissertationhomework.com Contact Number: +44 7842798340 CONNECT NOW
L’OREAL PARIS • L’Oreal Paris is a French personal care company providing high quality products ranges which are fruitful for the customers. • The organisation is successful to hire more than 87000 employees worldwide and the organisation is also efficient to expand their business worldwide (L’Oreal Paris, 2020a). • The company L’Oreal Paris is also successful to generate the revenue €29.87 billion in 2019, which further ensures strong financial position of the company in the global fashion and beauty industry (Statista, 2018). • The company’s annual growth rate is increasing at 4.2% and the company has 25.8% market share in the global market (L’Oreal Paris, 2020b).
EXISTING BRAND VALUES • Advertising campaign • New true match campaign: your skin your story
CONTINUED • Company’s web site,
CONTINUED • Sponsorship activities
GROWTH STRATEGY • Market development strategy is adopted by company to expand their market share (L’Oreal Paris, 2020c). • The product diversification is also adopted by developing new product range which are day and night care cream for anti aging treatment
REFERENCE LIST • Cunha, M.D.C.D.O., 2017. L’Oréal: Ombré hair kit consumer-focused product development to find new market opportunities (Doctoral dissertation). • Jan, A.D.A. and Victor, S., 2019. Measuring the Effectiveness of Segmentation, Targeting and Positioning Strategy of L’oreal Products in Kingdom of Saudi Arabia. IJO-International Journal of Business Management, 2(09), pp.68-79. • L’Oreal Paris, 2020a. Our ambition. [online] Available at: https://www.loreal.com/group/who-we-are/our-ambition [Accessed on 18 May 2020]. • L’Oreal Paris, 2020b. Our mission. [online] Available at: https://www.loreal.com/group/who-we-are/our-mission [Accessed on 18 May 2020]. • L’Oreal Paris, 2020c. Our value and ethical principle. [online] Available at: https://www.loreal.com/group/who-we-are/our-values-and-ethical-principles [Accessed on 18 May 2020]. • L’Oreal Paris, 2020d. Sustainability. [online] Available at: https://www.loreal.com/#Section_CorpTopic_Sustainability [Accessed on 18 May 2020]. • Statista, 2018. L'Oréal - Statistics & Facts. [online] Available at: https://www.statista.com/topics/1544/loreal/ [Accessed on 18 May 2020].
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