Monday, September 26, 2016
Chapter 4 - The Marketing Environment
Demographics
MAC Cosmetics markets mostly to the 18 - 25 year old women. The advantage of marketing to these young women is that they are knowledgeable about media and technology. These two factors have a huge contribution on the the way the company communicates with their customers. By making their information so easy to obtain, these girls can simply re-post information about the company and make it go viral. Such action bring more awareness to the campaign the company is advertising and also maximizes profits, while also introducing the company to new customers. MAC Cosmetics also features certain celebrities on their makeup collections to appeal to a certain age group. They pick celebrities that these girls see as heroines because they know that girls witching this age group are are highly influenced by what they see. MAC uses all of their resources to appeal to their average women, and so far they have been successful at it.
Monday, September 19, 2016
Chapter 18- Social Media and Marketing
MAC uses
social medial marketing in order to get their products out there and achieve
their branding goals. Its main form of getting their costumers involved is by
social sharing of pictures and videos. The MACnificent Me campaign is their
most recent involvement. This campaign broke the rules of beauty marketing and
got 70K people to participate. The concept of this platform is for consumers
"to submit a mantra that “illustrated their style, heart, and soul,” along
with a private 100-word essay and photo."
Social Media standings:
Facebook-
MAC uses Facebook to keep costumers up to date with all the new
products. They provide swatches and videos to attract their attention. They
also promote events which are usually make up workshops.
- 11.693.191 likers
- Like rank: 82
- Post per day: 1,16
- Likes, comments, shares per post: 4408
Twitter-
- Twitter : 1490 posts
- 7,5 million followers
YouTube-
MAC has an own YouTube channel, where it uploads make-up and
campaign videos.
- 333,317 Subscriber
- 236 Videos
Monday, September 12, 2016
Chapter 2 - Strategic Planning for Competitive Advantage
M.A.C SWOT Analysis
Strength:
- High quality products
- Leader in cosmetic industry with a strong brand image
- Sold in over 200 locations in 15 different countries
- Socially responsible/ Eco friendly
- Donates to charities
- Limited awareness with the public
- More expensive than competitors
- Products don't have a wide range
- Limited media outreach
Opportunities:
- Maintain brand loyalty to costumers
- Increased brand reach globally
- Sold through retailers websites
Threats:
- Competition online
- Cheaper brands that are seen as equal
- Retailers sell other brands as well
- high end competition
Monday, September 5, 2016
Chapter 1-Overview of Marketing (Brief History and Mission Statement)
Misssion Statment:
“All Races, All Sexes, All Ages” conceived to embrace all consumers. To be the worlds leading make-up authority among both professional make-up artists and consumers.To meet customers need for superior quality services and to provide secure & challenging work environment for all employees. To meet everyday needs for nutrition; hygiene and personal care with brands that help people feel good, look good, and get more out of life. As an organization it commits itself to high standards and creative development with an enterprise concept that all pains have gains.
Brief History:
Make-Up Art Cosmetics started life in Toronto, Canada. Makeup artist and photographer Frank Toskan and salon owner Frank Angelo became frustrated by the lack of makeup that photographed well, so they decided to create their own. At first, they made the cosmetics in their kitchen and sold them straight from the salon to fellow makeup artists, as well as models and photographers. Soon, stylists and fashion editors got in on the action. As the magazine credits racked up and word-of-mouth popularity grew, the duo launched M·A·C in March 1984 from a counter in a Toronto department store.
Misssion Statment:
“All Races, All Sexes, All Ages” conceived to embrace all consumers. To be the worlds leading make-up authority among both professional make-up artists and consumers.To meet customers need for superior quality services and to provide secure & challenging work environment for all employees. To meet everyday needs for nutrition; hygiene and personal care with brands that help people feel good, look good, and get more out of life. As an organization it commits itself to high standards and creative development with an enterprise concept that all pains have gains.
Brief History:
Make-Up Art Cosmetics started life in Toronto, Canada. Makeup artist and photographer Frank Toskan and salon owner Frank Angelo became frustrated by the lack of makeup that photographed well, so they decided to create their own. At first, they made the cosmetics in their kitchen and sold them straight from the salon to fellow makeup artists, as well as models and photographers. Soon, stylists and fashion editors got in on the action. As the magazine credits racked up and word-of-mouth popularity grew, the duo launched M·A·C in March 1984 from a counter in a Toronto department store.
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