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Competitive Review
The direct and indirect competitors of Mary Kay Cosmetics Inc. are Avon, Covergirl,
Maybelline, Olay, and Revlon.
Avon
Core Products: Anti – aging cream, color cosmetics, fragrance, hair care, personal care and
skin care.
Market Share: Roughly about 2% to 5%.
Target Market: Avon focuses on women mainly ranging between the ages of 25 to 50 years
old.
Strengths: 1) Avon has been attracting new customers in the leading position that they have
had. 2) Avon has a steady revenue for the most part. 3) Avon has a differentiated business
model which has been emerging into becoming a prominent player in the cosmetic world.
Weaknesses: 1) Avon does not have the Millennial generation’s attention of the products that
they can offer to them. 2) Avon has been declining in North American operations. 3) Avon has
a relatively low market share.
Where They Compete: Avon mainly competes through beauty retailers, drug stores, grocery
stores, and other beauty stores.
CoverGirl
Core Products: Cover up, eyeliner, eye shadow, lipstick, mascara, nail polish, and more.
Market Share: Roughly about 17% to 20%.
Target Market: Covergirl focuses on women mainly ranging between the ages of 13 to 45
years old.
Strengths: 1) Covergirl has a 20% of market share growth. 2) Covergirl has become one of the
leading brands in the cosmetic industry. 3) Covergirl has affordable pricing. 4) Covergirl has
been a high quality makeup brand for over 50 years now. 5) Covergirl is the second highest
ranked color beauty product
Weaknesses: 1) Covergirl has a distributed organizational structure. 2) Covergirl does not have
more formal ways in launching their new products. 3) The consumers seem to prefer other
beauty brands then Covergirl.
Where They Compete: Covergirl competes in against a global market through beauty retailers,
drug stores, and websites.
Maybelline
Core Products: Cover up, eyeliner, eye shadow, lipstick, mascara, nail polish, and more.
Market Share: Roughly about 7.4% to 18.8%.
Target Market: Maybelline focuses on inspiring women from all ages and ethnicities to feel
beautiful just the way they are. There market focus is mainly women ranging from 18 to 50
years old.
Strengths: 1) Known as being the number one cosmetic company. 2) Many different products
to buy from. 3) Offers many varieties of buying options. 4) Very affordable pricing.
Weaknesses: 1) Maybelline has cheap prices so consumers might seem to think it has poor
quality. 2) Most consumers are criticizing Maybelline for product testing on animals. 3) The
marketing efforts are becoming costly for Maybelline.
Where They Compete: The way Maybelline competes is through a huge variety of markets
which allow them to reach consumers. All Maybelline products are sold at beauty stores, club
stores, drug stores, grocery stores, and local stores.
Olay
Core Products: Anti – aging cream, body lotion, soap, cleanser, eye skin care, face oil, facial
hair remover, moisturizers, and skin care.
Market Share: Roughly 10%
Target Market: Olay focuses on women ranging between the ages of 33 to 55 years old and
up.
Strengths: 1) Olay has a strong brand name that is well known to the older audience. 2) Olay
has a widely spread distribution networks.
Weaknesses: 1) Olay is mainly for older women and not for the Millennial generation. 2) Olay
does not have any beauty products such as eye shadow, eyeliner and etc. 3) Olay mainly sells
at Walmart. 4) Olay’s products are a little costly than most other brands.
Where They Compete: Olay mainly competes through selling their products through Walmart
or Target.
Revlon
Core Products: Beauty products and tools, color cosmetics, deodorant, fragrances, hair color,
and skin care.
Market Share: 28.58%.
Target Market: Revlon focuses on reaching different target markets while having many ads
that they showcase both younger and older women.
Strengths: 1) Revlon is the biggest in being a famous female brand. 2) Revlon has strong
profound research and development. 3) Revlon has a strong quality advertising. 4) Revlon is a
strong supporter of women health programs.
Weaknesses: 1) Revlon has a weak company financial status. 2) Revlon’s quarterly revenue
has been declining significantly. 3) Revlon has an ever – changing organizational structure.
Where They Compete: Revlon competes through a mass volume retailers and chain drug
stores such as Bed Bath and Beyond, CVS, Rite Aid, Target, Walgreens, and Walmart.
Marketing Goals
The marketing goals of our campaign is to do the following. First, is to increase the number
of all of the independent beauty consultants that are ranging from 18 to 25 years old. Second, is to
increase the positive perception of Mary Kay among consumers ranging from 18 to 25 years old.
Lastly, to increase the product revenue among 18 to 25 years old.
Promotional Program Situation Analysis
The target market for this campaign would be to have hosting events, person marketing,
network marketing, and online marketing. In all these potential events that Mary Kay Cosmetics
can host all of the consumers that come out either through network marketing or other person
interactions they can all receive free samples of Mary Kay products. Also, any given referrals that
the consumers provide at these events the consumers can receive $5 gift cards to Mary Kay
Cosmetics Inc.’s website. If they then become a member, then all of their products that the
consumers purchase will have free shipping and handling. In doing this, we would attract more
potential consumers in purchasing Mary Kay Cosmetics. Therefore, our positioning strategy would
be through confidence, empowering and an energetic community, and personalized experience.
First, confidence is key to Mary Kay Cosmetics. Confidence shows Mary Kay Cosmetics that
when any female wears their cosmetics that they feel confident and determined. Second, Mary Kay
Cosmetics demands that their product become more customized, interactive, and personalized.
This would not only become a more personalized experience but also can and would build unique
relationships with using the Mary Kay brand. Third, Mary Kay Cosmetics want to become more
connected through the mass media and through any social outlets.
IMC Objectives and Strategies
The objectives of our campaign is to do the following. First, is to improve the quality
perception of the Mary Kay brand name among 18 to 25 – year – old women to the top 15% of the
cosmetic brands by the end of the first year. Second, is to increase Mary Kay’s product revenue
through the Millennial generation buyers to the top 20% by the end of the first year. Lastly, is to
increase the number of Millennial generation buyers to 25% by the end of the first year.
Furthermore, the strategies of our campaign is to do the following. First, is to encourage interaction
with the Mary Kay brand name and showcase its success through multiple social medias. Second,
is to focus on the message that will relate to the Millennial generation. Third, is to make sure Mary
Kay’s value is distributed in all of the messaging that will be viewed by the Millennial generation.
Lastly, is to making it more appealing and to have more experience in the messaging toward
attracting the Millennial generation. In achieving our campaign objectives, we need to spend about
ten million dollars. The budgeting method that will be implemented is through splitting the ten
million dollars in half. We are putting the first five million dollars in traditional media coverage
advertising While, the other five million dollars would cover activities related to personal selling
of the Mary Kay business opportunity.
Creative Recommendations
USP – Our USP is “It is our duty to help you feel Beauty.” Our goal is to make women feel
beautiful with the cosmetic products that the consumers would be using. This would engage
women to buy more and more of our products day by day in order to increase our growth and
revenue of our company.
Slogan – Our slogan for Sheer Beauty is “Sheer beauty – the best products for the best women.”
We want to prove to all of the women in the world that our product is the best for them.
Source and Message – We want to connect with our clients and customers. We want them to know
that we care about them and want to make them feel even more beautiful than they already are.
Newspaper Ad – We want to welcome a new makeup company in the making, Sheer Beauty. Sheer
Beauty is the “Best products for the best women.” This company aims to work with the clients for
their needs. They want women to feel even more beautiful than they already are. Sheer Beauty is
the new company in the making and you do not want to miss out on it!
Radio Script – Hello Listeners! Today in Studio 85.4, we have a new company here to tell us what
their goal is. Welcome the founders of Sheer Beauty Make-up, Maryam, Jordan, and Kaitlyn. So
girls, tell us a little about your products.
Jordan: Hello! We are a new makeup company. We want to work with our clients for their needs.
Maryam: We want to make women feel even more beautiful. We have different contests and games
to help win some samples.
Kaitlyn: At Sheer Beauty, it is our duty to make you feel beauty.
Radio: There you have it listeners! Thank you so much to Sheer Beauty for introducing their new
company to us! Best of luck to you three and your company, Sheer Beauty.
Social Media – Sheer Beauty will have a Facebook, Instagram, Pinterest, Snapchat, Twitter, and
YouTube pages. We plan to make our own hashtags and pages to spread the name of our brand
which is Sheer Beauty.
Games – Sheer Beauty will have "makeup runs" where the boyfriends, brothers, and husbands, of
the women dress like a woman and wear heels and race to the finish line. The winner will win a
free month membership for $100.
Contest – Sheer Beauty will have a giveaway which you would have to enter through our website.
We will randomly pick a winner. The winner gets a free month membership and also samples of
our products.
Couponing – We are offering 20% to sign up for our products. After, that we will release the
coupons which will be up to $50 when you spend $150. Also, there will be monthly memberships
for $10, $50, and $100. Depending on how much you would pay to get a certain amount of
products.
Video Blog/Links – We would have a blog on our website that connects to our YouTube page. We
will make makeup tutorials and post them daily. We will also have open blog to talk with our
customers to see what they like and dislike about our products
Direct Marketing Recommendations
Sheer Beauty will have a Facebook, Instagram, Pinterest, Snapchat, Twitter, and YouTube
pages. We plan to make our own hashtags and pages to spread the name of our brand which is
Sheer Beauty. The planning and timing for this direct marketing to occur would be right from the
beginning of campaigning for Mary Kay Cosmetics Inc. We would have a couple of our
representatives to start making Facebook, Instagram, Pinterest, Snapchat, Twitter, and YouTube
pages to promote Mary Kay Cosmetics Inc. From there, as time goes by we would hashtag
everything to Sheer Beauty and Mary Kay Cosmetics Inc. This would then capture the consumer’s
attention of our campaign for Mary Kay Cosmetics. The audience would notice our pages, start
following our pages, and even commenting and liking and sharing our pages to either friends and
families. This would then enhance Mary Kay Cosmetics Inc. by consumers buying and viewing
the cosmetics that Mary Kay is offering to sell to its audience. The budget that we have to spend
in order to achieve this goal would be roughly about one million dollars.
Internet/Interactive Recommendations
We would have a blog on our website that connects to our YouTube page. We will make
makeup tutorials and post them daily. We will also have open blog to talk with our customers to
see what they like and dislike about our products. The strategies that would be in place for this
objective would be to first plan out how we would want to make a YouTube page. The second
would be to promote our YouTube pages through advertising through the YouTube videos. We
would then also promote our YouTube page through our other pages which are our Facebook,
Instagram, Pinterest, and Twitter pages. From there, after the page has gained a few followers we
would ask them to please refer their friends and families to subscribe to our channel for the best
makeup tutorial videos. This would then capture the audience’s attention to view our makeup
tutorial videos. By our audience doing this, this would make our views and subscription followers
to grow for Mary Kay Cosmetics Inc. Consumers from all over the world would have access to
view the videos this would enhance Mary Kay Cosmetic Inc. profit to grow and accelerate. The
budget that we would have to spend in order to achieve this goal would be about three million
dollars.
Public Relations Recommendations
We are offering 20% to sign up our products. After, that we will release the coupons which
will be up to $50 when you spend $150. Also, there will be monthly memberships for $10, $50,
and $100. Depending on how much you would pay to get a certain amount of products. The
strategies that would be in place for this objective would be posting all these deals and offers to
all of social media pages. The next step would be to use our YouTube page and a make a video
announcing the deals and offers that we are going to offer to our consumers because these deals
last for that given time period only. From there, we would tell our consumers that by just signing
up by using their email that they would get a 20% coupon to use on any product of their choosing
from our website. This would then enhance the audience to refer to their friends and families with
the amazing deal and offer that Sheer Beauty is giving away for just signing up on our website.
The scheduling and planning for this to occur would be during the busiest times of the year which
are Valentine’s Day, Mother’s Day, Christmas, and any other times of the month that we think that
consumers would buy our Mary Kay Cosmetics Inc. products. This would then capture the
audience’s attention by the amazing deal that we are offering to our consumers. In making this
offer happen we know that Mary Kay Cosmetics Inc. will have plenty of revenue growth in the
next coming months. We believe that consumers love these couponing deals because what
consumer does not love couponing. This is why this offer is a great way in promoting Mary Kay
Cosmetics Inc. to our Sheer Beauty audience. The budget that we would have to spend in order to
achieve this goal would be about three million dollars.
Conclusion
In conclusion, the plan that we have made for our client Mary Kay Cosmetics Inc. has met
all the needs that it could have met. The reason why we believe that our plan is the one that would
get the job done is because we believe that we can enhance Mary Kay Cosmetics Inc. and make it
better so that it could have a high brand awareness rather than a low brand awareness. We also
believe that we could increase the positive perception and increase the consideration for the
product purchase of the age group that Mary Kay Cosmetics Inc. wants to gain attention from. The
age group that Mary Kay Cosmetics Inc. wants to attract to buy from there company is the age
group between 18 to 25 – year – olds. The reason being is that the people from these age groups
are the Millennial generation and Mary Kay Cosmetics Inc. wants to have a high brand awareness.
However, as of right now the only people Mary Kay Cosmetics Inc. has is the older generation and
in this day and age the Millennial generation is transitioning and growing. Therefore, Mary Kay
Cosmetics believe that this Millennial generation is new and is all about the tech – savvy
technology so why not advertise their cosmetics to them because this generation is always on social
media sites and always purchasing things from online websites. This is why our team, Sheer
Beauty is campaigning and promoting Mary Kay Cosmetics Inc. to its audience which is the
Millennial generation. We want to get the word out that Mary Kay Cosmetics Inc. is brand new
and improved and is doing all it can to show the Millennial generation to start purchasing their
cosmetic products from Mary Kay Cosmetics Inc. The way Sheer Beauty wants to promote Mary
Kay Cosmetics Inc. is through the direct marketing recommendations, internet/interactive
recommendations, public relations recommendations, and the personnel selling recommendations.
Sheer Beauty is then emphasizing to perform survey tests to monitor and evaluate if these
recommendations in promoting Mary Kay Cosmetics Inc. is effective and successful. If the
recommendations seem to start going downhill, then Sheer Beauty will change the way it
campaigns and promotes Mary Kay Cosmetics Inc. Therefore, Sheer Beauty values the morals of
Mary Kay Cosmetics Inc. and uses its standards to believe that Sheer Beauty can gain the attention
from the Millennial generation. The values of Mary Kay Cosmetics Inc. are the following. First,
is the golden rule meaning that treating others as you would like to be treated. Second, is that all
life’s priorities are placed in proper order meaning that faith first, family second and career third.
Third, is to imagine everyone is wearing a sign that reads “Make me feel important. Lastly, is the
go – go spirit meaning that the willingness to help one another knowing that this spirit creates
positive reciprocity. Thus, the values of Mary Kay Cosmetics Inc. are simply and straight
forwarded. This is the main reason why our team Sheer Beauty believes that we could promote
and enhance Mary Kay Cosmetics Inc. to the Millennial generation. Hence, Sheer Beauty believes
that we could get the job done in campaigning and promoting Mary Kay Cosmetics Inc. to not
only to the Millennial generation but to all and everyone who is interested in purchasing any
cosmetic products of their choosing.
Appendices
Graph 1: The Favorite Makeup Brands Compared to Mary Kay Cosmetics Inc.
Graph 2: The Price Comparison between Mary Kay Cosmetics and Other Cosmetic Companies.
References
“Avon North America Corporate Website.” Avon North America Corporate Website. New Avon
LLC, 2016. Web. 10 Feb. 2016.
“Cherelynn.com.” Avon: Cherelynn.com. Flexibility Theme for WordPress, 10 May. 2016. Web.
30 Mar. 2016.
“CoverGirl.” CoverGirl – Official Site. Procter & Gamble, 2015. Web. 10 Feb. 2016.
Holder, Emily. “Mary Kay Your Way.” Mary Kay Your Way: Price Comparison of Leading
Cosmetics. Blogger, 16 Nov. 2016. Web. 30 Mar. 2016.
“Mary Kay.” 2013 – 2014 NSAC Case Study – TownNews.com. NSAC Case Study, 2013 – 2014:
1 – 35. Web. 13 Jan. 2016.
“Maybelline.” Maybelline. Maybelline LLC, 2015. Web. 10 Feb. 2016.
“Olay.” Olay: Skin Care Products and Tips. Procter & Gamble, 2016. Web. 10 Feb. 2016.
“Revlon.” Revlon Love Is On. Revlon, 2016. Web. 10 Feb. 2016.