Title: Slajd 1
1Here we are, trapped in the amber of the
moment.- Kurt Vonnegut
2Agenda
- THE MARKET
- Introduction
- Market share
- Market trends
- Ways of competition
- Distribution channels
- Competition in different distribution channels
- Customer preferences
- Consumer characteristics Woman
- Consumer characteristics Men
- Closest competitors
- THE BRAND
- SWOT analysys
- MAYBELLINE first fragrance
3THE MARKET
Introduction
- Polish perfume market worth 256 million PLN (ca.
70,5 million) in 2008 - Sales at the level of 6.7 million pieces of EDT
(Eau De Toilette) - Dynamic market that grows 3 year by year
- Worlds fragrance market worth 25 billion USD in
2006 - Global fragrance sales expected to grow 16
between 2005 and 2010 to reach 31,9
billion USD, according to Euromonitor
International
4THE MARKET
Market share
- Coty and Procter Gamble on the lead position
gaining ca. 61 of the market share - 39 of the market dispersed over a variety of
brands, both mainstream and alternative - Poles prefer mostly French fragrances
5THE MARKET
Market trends
- The higher incomes the more often people buy
perfumes - No globalization on the perfume market
- Glocalization as a Key Success Factor Think
Local, Act Global - Seasonality of sales during the holidays
- Increasing competition
- Perfume life cycle shortens
6THE MARKET
Market trends
- No longer brand loyalty
- Importance of advertising campaign
- Worlds market divided into French and American
producers - The perfume market follows the fashion and
lifestyle currents - Partnerships with fashion houses and unique,
niche fragrances on the rise
7THE MARKET
Ways of competition
- Companies compete mostly with unique smell,
price, and quality, but - Quality as a key factor
- Strong brands use clever marketing
- Fragrance sets
- Innovative personalization
-
8THE MARKET
Distribution channels
- Point of sale plays a significant role in the
purchase process - Luxurious products of high quality avoid mass
distribution channels - The most expensive, exclusive perfumes are sold
only in boutiques - Popularity of chain drugstores grows
- Internet shopping more frequent
9THE MARKET
Competitors in different distribution channels
- Direct (on-site)
- Leaders Nicole, Mistral Poland, "GLOBE"
Sp. z o.o, Afrodyta F.H - Direct sales sector
- Leaders Avon, Oriflame, Mary Key
- Supermarkets
- Leaders Coty, Adidas, Revlon, celebrity
brands, e.g. Celine Dion, Naomi Campbell - E-commerce - online auctions and online shops
10THE MARKET
Competitors in different distribution channels
- Chemists and superdrugs, eg. Rossman, Drogeria
Natura - Leaders Elizabeth Arden, Gabriela Sabatini,
Cerruti 1881, Adidas, Mexx, Miraculum, - Puma, Naomi Campbell, Iceberg, Beckham,
Celine Dion - Specialized Perfumeries, eg. Sephora, Douglas,
Marionnaud - Leaders Gucci, Dolce Gabbana, Calvin
Klein, Chanel, Hugo Boss, Giorgio Armani,
Kenzo, Lacoste, Ralph Lauren, Issey Miyake - E-commerce - online specialised retail shops,
eg. lulua.pl, lumiere.pl Leaders Annick
Goutal, Caron, E. Coudray, Lubin, Robert Piguet,
IL PROFVMO, Les parfums de
Rosine, Lorenzo Villoresi
11THE MARKET
Customer preferences
- Structure of purchases change with the seasons
- Price influences size of the perfume we buy
- The most popular among woman are 30ml perfume
bottles that fit to purses - Purchase of big capacities begins to grow
- Polish people spend 1 USD for luxurious perfumes
during the year, when Frenchman spend 27
USD, American 21 USD, and German 17,5 USD
12THE MARKET
Consumer characteristics - Women
- 18 - 24 years old females - heavy perfume users
- Important factors fragrance (95 ), price (80)
and brand (65) - Buying perfumes is still a great expenditure
- Polish women do not like experiment
- Under influence of advertisements and emotional
factor - Express affection mostly to French brands
13THE MARKET
Consumer characteristics - Men
- Very loyal consumers
- Use perfumes everyday
- Confronting fragrance before buying
- Searching mostly for refreshment
- Polish men appreciate simplicity of flacons
- Perfumes are bought mostly in drug-stores and
supermarkets
14THE MARKET
Closest competitors
15THE BRAND
SWOT Analysys - Strenghts
- Strong market position of the Maybelline brand
as well as high brand recognition - Availability through well-developed distribution
channels - History and tradition along with innovative
attitude - Perfumes enrich the range of products
- Wide and loyal target group
- Competitive prices
- Localization amber stone as a symbol in
European tradition - Experience in cooperation with the PR and
Advertising agencies - Possibility to be distinguished by urban style
inspired by the strength of nature,
dynamism, and self-confidence with a touch of
magic.
16THE BRAND
SWOT Analysys - Weaknesses
- American products were never associated with
high quality, comparing to European ones - The Poles choose French perfumes more often than
American - Lack of experience in producing and promoting
perfumes - Maybelline and Avon products are similar in
terms of use and assortment - Maybelline could deprive the buyer of choice by
offering only one fragrance - Maybelline doesnt offer direct home delivery,
Avon does
17THE BRAND
SWOT Analysys - Opportunities
- The polish perfume market is still growing and
shows good perspectives for the future - Lucrative target group 18-24 years old females,
heavy fragrance users - Target group of the future men, more and more
conscious buyers - Seasonality of sales, which begin to rocket
before holidays - Partnerships with fashion houses, designers and
celebrities - Possibility to take over Adidas customers,
especially women - Avon forces customers to choose perfumes from a
catalogue, without knowing the scent
18THE BRAND
SWOT Analysys - Threats
- Rapid growth of competition each year ca. 300
new perfumes appears on the market - High expenses of launching a new product
- Risk of rejecting our new fragrance
- Product lifecycle shortening
- Threat of imitations
- Negative consequences of the economic crisis
- Seasonal variations on the fragrances market
- Adidass strong position on the male perfumes
market - Very strong position of Avon in fragrances and
colour cosmetics among women
19New york
THE BRAND
MAYBELLINE first fragrance
innovation
city
urban style
New York
unique
energy
freshness
charm
THE FRAGRANCE
feminity
active
independence
power
seduction
sensuality
dynamism
attraction
magic
self-confidence
nature
emotions
gorgeous
20Thank you for your attention!
Amber Team Natalia Jerzak, Natalia Kanurska,
Tomasz Fryzlewicz