A Promotional Plan - Weebly · 2019-09-18 · for Cargo Cosmetics. The plan includes product...
Transcript of A Promotional Plan - Weebly · 2019-09-18 · for Cargo Cosmetics. The plan includes product...
A Promotional Plan: Bringing a Canadian Company Back Home
Humber College
FMPC 500 For: Anne Cramer
4 December 2014
Created By:
Victoria Bumby Courtney Fancy Justine Longo
Alexandra Peroni Maggy Rinaldo
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Table of Contents EXECUTIVE SUMMARY .............................................................................................. 2 CARGO COSMETICS MARKETING MIX STRATEGY .......................................... 3
CARGO PRODUCT STRATEGY ........................................................................................... 3 PRICE & MARKET LEVEL STRATEGY ............................................................................... 3 PLACE & DISTRIBUTION STRATEGY ................................................................................. 4 PAST MARKETING AND PROMOTION ................................................................................ 4
CARGO COSMETICS: THE BRAND ........................................................................... 5 LINE ................................................................................................................................. 6 FREQUENT MILES CLUB (CRM – REWARDS PROGRAM) .................................................. 7 SOCIAL MEDIA ................................................................................................................. 7 FILM & TV ...................................................................................................................... 8
PROMOTIONAL OBJECTIVES AND THEME .......................................................... 8 TARGET AUDIENCE ..................................................................................................... 9 PROMOTIONS MIX ...................................................................................................... 10
ADVERTISING STRATEGY ............................................................................................... 11 PUBLIC RELATIONS STRATEGY ...................................................................................... 13
PROMOTION BUDGET ............................................................................................... 15 APPENDIX A ................................................................................................................... 17 APPENDIX B ................................................................................................................... 19 APPENDIX C ................................................................................................................... 20 APPENDIX D ................................................................................................................... 21 APPENDIX E ................................................................................................................... 22 BIBLIOGRAPHY ........................................................................................................... 27
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Executive Summary
The following is an integrated marketing communications plan (IMC) designed
for Cargo Cosmetics. The plan includes product strategy, price & level market strategy
and a place and distribution strategy. Additionally, this plan will include a new
promotional strategy that will include an advertising plan along with a public relations
plan that will include promotions, sponsorships and special events.
Cargo Cosmetics is a professional Canadian cosmetic company with a simple
concept that aims to deliver professional results that are easy for Canadian women to
achieve. Our plan seeks to introduce not only a new, fresh look but also a great concept
that will give us the opportunity to enrich our brand image. Since Cargo is a brand that
has been in existence since 1996, we want to make sure we enhance current brand
awareness, as well as bringing a new concept to future customers.
Advertising and public relations are the two key components of our promotions
mix. We will have a 2-page spread in ELLE Canada Magazine and Cosmetics Magazine,
which will help us reach our target customer, the free spirited and confident 25-39 year
old woman. These advertisements will consistently use an effective message strategy
emphasizing our brand. We will also promote on high-traffic Canadian beauty blogs,
providing samples to bloggers and have hired a public relations consultant to help us
reach our consumers through social media outlets. We also feel a great strategy is to
promote our brand through special events such as World MasterCard fashion week,
where we will work alongside designers providing all makeup for the event, have product
displays and distribute samples.
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Cargo Cosmetics Marketing Mix Strategy
Cargo Product Strategy
Cargo Cosmetics started in 1996 as a line that was used by the industry’s top
artists. After winning multiple awards, Cargo was recognized as one of the most creative
and innovative brands on the beauty scene (About Us). Cargo continues to impress with
face, eye, cheek, lips, HD, and even swimmable (water resistant) cosmetic creations.
Cargo is able to capture a wide target audience with the line and range of products
they offer. Most widely known for their “lip-quads,” development and widening of their
product offerings has allowed them to capture an even larger audience, keeping up with
major competitors in the beauty industry.
Cargo has high product differentiation, as seen on multiple blogs and websites,
their brand packaging and brand offerings stand out from the crowd. Not only is their
packaging something to remember, but also their “swimmable” products aren’t
something you find very often in the makeup industry. Without much diversification
within the product rage in recent years, Cargo Cosmetics could benefit greatly from
increasing current brand awareness and gaining new impressions. Looking to increase
product trials and brand awareness by 50% each within the next year is an attainable goal
if products become more accessible.
Price & Market Level Strategy
Cargo Cosmetics has a very competitive pricing strategy, with their “New
Essential Lip Gloss” starting at just sixteen dollars, and their “Liquid Foundation”
reaching their highest price point of thirty-six dollars (Foundation - Face). Cargo prices
fall between “drugstore” and “high-end” beauty products, which is still below “designer.”
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Professionals and consumers alike are able to easily access Cargo products (in the
United States) from well-known department stores, and a multitude of online retailers,
and with prices comparable to competitors, their diverse product line gives them
competitive advantage in the makeup and beauty industry.
Place & Distribution Strategy
Cargo Cosmetics are currently sold online at cargocosmetics.com,
beautybay.com, and beauty.com, as well as in store (and online) at Ulta Beauty,
Nordstrom, Kohls, Macy’s, Dermstore, Murale and Clicks Pharmacy, as well as on The
Shopping Channel (Store Locator). One of makeups most notable stores, Sephora, was
carrying the Cargo Cosmetics line, but due to Sephora’s ever-changing line of products,
they stopped carrying the brand in 2010.
With no major grasp on the Canadian market, this Canadian brand is looking
reestablish itself in the beauty industry and placing itself in major Canadian department
stores and makeup specialty stores, such as Sephora will help to immediately increase
brand awareness. Murale by Shoppers Drug Mart at Don Mills in Toronto, ON is a main
location to purchase Cargo Cosmetics in the Toronto area, but this isn’t a very well
known or popular beauty store.
Their current distribution strategy in Canada is definitely lacking any sort of depth
and in order to increase sales and brand awareness this needs to be turned around.
Past Marketing and Promotion
In November of 2013, RPG collaborated with Cargo Cosmetics to rebrand their
entire line. Using Cargo’s slogan “makeup to move you,” RPG created new packaging
that “depicts adventure and worldliness” as well as introduced, Chloe, the consummate
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Cargo girl, and through a campaign, we follow her on her adventures around the world
(RPG 2013).
Unfortunately, this marketing campaign has not reached the Canadian segment,
which is where Cargo began. With little magazine and newspaper articles sporadically
spread throughout Canadian media, Cargo Cosmetics has not done much to reach their
customers in recent times. American media, TV and film seems to be where they are
focusing their efforts.
Social media, film and TV promotions are discussed in greater detail throughout
the report.
Cargo Cosmetics: The Brand
Cargo is a professional makeup line with a simple concept that aims to deliver
professional results that are easy for all women to achieve. Founded by Hana Zalzal in
1996 in Canada, Cargo is used by the industry’s top artists and has gained worldwide
recognition as a creative and innovative beauty brand. The name Cargo comes from the
idea that makeup is every woman’s “cargo” (About Us).
Originally based in Toronto, it is now a multimillion-dollar company sold in
several different countries. Cargo has earned several company and product awards such
as the Red Dot Award for Product Design for the famous Foundation Pouch in 2007, and
was named Brand Packaging Magazine’s Brand Innovator of the year in 2006 (Awards).
Cargos founder was also awarded the Canadian “Top 40 Under 40” award (Hana Zalzal).
Cargo is recognized for its award winning products and unique vacation inspired
packaging, and has become a well-known and respected brand. With the free spirited
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independent traveler in mind, Cargo continues to create innovative products that are fresh
and fun and that meet every woman’s cosmetics desires (About US).
Slogan
“At Cargo, we truly believe that the journey is just as important as the destination.
Therefore we will always strive to deliver ‘makeup to move you’” (About Us).
Features
Cargo’s collection features makeup essentials and innovations. From face, eyes,
cheeks, and lip products to the HD and Swimmables collections, Cargo offers something
to fit every woman’s makeup need. Cargo also offers an array of best sellers in every
category, including Liquid Foundation featured in the award-winning pouch, and the
Texas Liquid Eyeliner, which was Women’s Health’s Beauty Award Winner in 2014
(Eyes - Best Sellers). For some of the best sellers Cargo offers a variety of shades and
colours that can be suited to each customer’s skin tone and liking.
Line Face Bronzer
Primer Powder Concealer Foundation Moisturizer/Mattifier
Eyes Eyeliner Brows Mascara Palettes Eye Shadow
Lips Lip Colour Lip Gloss Liner
Cheeks Blush Powders Colour Sticks
Collections & Accessories HD Swimmables
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Kits Brushes Suited to a Tea
(Cargo Cosmetics) A complete list of Cargo cosmetics best sellers can be found in Appendix A. Cargo is currently sold at: Cargocosmetics.com, Ulta and Ulta.com, Nordstrom and
Nordstrom.com, Macy’s, both in store and online, Dermstore, Beautybay.com,
beauty.com, and Clicks Pharmacy. In Canada, you can also find CARGO at Murale by
Shoppers Drug Mart, both online and in stores, as well as through the Shopping Channel
(Store Locator).
Frequent Miles Club (CRM – Rewards Program)
Cargo believes in valuing our customer and we want to show this in a fun way.
We aim to maintain customer relationships by offering a CRM program. Keeping our
brand image and travel themed products in mind, we offer the Frequent Miles Club
Rewards Program. This rewards program is free to join and offers very exciting benefits.
Customers receive 1 mile for every $1 USD spent. Customers can then redeem 100 miles
for $5 USD worth of product. Member benefits also include exclusive invites to local
Cargo events at participating stores, an exclusive annual birthday gift, a personal sales
day to receive 10-15% off, and up to 2x the miles on purchases made during our beauty
week (Frequent Miles Club). A complete rewards break down is shown in Appendix B.
On behalf of Cargo, thank you for traveling with us!
Social Media
Cargo remains current and on top of fashion trends, and strives to reach
consumers and the public through e-commerce and all the relevant social media
platforms. As a verified Authorized.net merchant, we offer online shopping and a
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complete look at our collection on our website. You can also find us on Facebook,
Twitter, YouTube, Instagram and Pinterest, or just by searching for #CARGOcosmetics.
Like our product designs, CARGO’s social media is fun, colourful and fresh.
www.cargocosmetics.com @cargocosmetics #CARGOcosmetics
Facebook: 31,807 likes
Twitter: 32.3K followers
YouTube: 443 subscribers
Instagram: 10.6K followers
Pinterest: 733 followers
*Stats as of December 1, 2014 Film & TV
Makeup is a necessary tool in the production of film. This has always been true
when it comes to giving characters personality, but is especially relevant today, as high
definition has become the norm. High definition cameras can show off every tiny pore
on the skin and that’s why makeup is so important. We created our CARGO HD line,
originally called CARGO blu-ray, as a line of high-definition friendly makeup (Cargo
Cosmetics puts star power into Products, 2011). CARGO cosmetics have been featured in
many films and television shows. Most recently it has been seen on the hit TV shows
Nashville, Girls, How I Met Your Mother and Modern Family. CARGO also helped to
create the unique and colourful characters in Tim Burton’s Alice in Wonderland (Cargo
On Set TV/Film). A full list of TV & film can be found in Appendix C.
Promotional Objectives and Theme
The ultimate objective of our promotional plan is to raise brand awareness.
According to our secondary survey research, Cargo currently owns a small- if not almost
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obsolete percentage of the Canadian cosmetic market place. Our goal is that in one years
time, at least 50% of people surveyed will be familiar with what Cargo is, and have tried
at least 1 product (Peroni, 2014). That is a projected increase of 15% from our current
respondent results in brand awareness, and approximately a 43% increase in use, leading
to hopefully a 43% increase in sales.
Fashion week is attended by thousands of trend seeking individuals, as well as
broadcasted around the globe through social media outlets (About, 2014). Providing
samples at Fashion Week, and sending product packages to Beauty Bloggers and
YouTube Beauty Gurus to review and test, will also publically promote the quality of our
products. We expect the online world to be the main source of communication for our
target consumer. Through our sponsorship with World MasterCard Fashion Week, we
expect brand awareness to increase exponentially.
In addition, the use of printed advertisements in Elle Magazine will reach
consumers who are not as active in the online or fashion world. Therefore, expanding our
brand footprint in the cosmetic industry. As we have set high goals for our company, our
6-month contract with a well-established public relations firm will help generate buzz,
manage press releases, generate ideas, and promote events.
Target Audience
Chloe, the “consummate” Cargo girl, as said by RPG, is currently on an adventure
around the world, whether literally or figuratively, and Cargo Cosmetics wants to be her
go-to brand. Target audience members for our promotion are single or married women
between the ages of 25 and 39 with an average income of $55,000+ a year. A free spirited
woman with unlimited confidence and the need to discover, learn and grow. Finding
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channels that would directly meet these characteristics and help to bring Cargo branding
and target market back home to Canada was an easy decision.
Choosing ELLE Canada Magazine as one of our most prominent promotion tools,
we greatly took into consideration their readers and target demographic. “The ELLE
Canada woman is stylish, informed and witty. She follows international fashion and
beauty trends, but she also wants to know what’s happening in her own country” (ELLE
Media Kit 2014). In the past year, ELLE readers have typically gone to the spa, the opera
and the ballet, as well as have a high interest in unfamiliar destinations for vacation travel
(ELLE Media Kit 2014). We feel as thought ELLE readers and Cargo Cosmetic wearers
share many qualities that position ELLE Magazine as the number one platform to reach
our target customer.
Not only do we want to reach the “Chloe’s” but also all of her friends. The jet
setting, curious, and rambunctious woman that knows exactly what she wants and where
she is going to get it. Cargo believes that “the journey is just as important as the
destination” and providing “makeup to move you” is our way to assist on any journey in
life (About Us).
Promotions Mix
Cargo Cosmetics is a professional makeup line that is used by the industry’s top
makeup artists (cargocosmetics.com) that has been a large player in the Canadian
cosmetics industry since 1996. Our promotions approach will allow us to enhance the
company’s image and make consumers aware of the concepts behind the brand, and make
it a go-to item for every fashion savvy female Canadian. With the development of other
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cosmetics in the industry, we want Cargo to be a brand that is memorable, easily
recognizable and more accessible to our growing target market.
Cargo Cosmetics will have the opportunity to increase our brand equity and with
our promotions, we hope to become the go-to brand for women seeking reliable and high-
quality cosmetics. In order to start building a strong brand, Cargo will start with highly
effective marketing efforts with a main focus on Advertising and Public Relations.
Through these promotional tools, we will start building potential consumers/customers
and giving exposure to our brand and our products. In order to start this new launch
successfully, Cargo will start building new customers by implementing innovative
advertisements through print, online, media and online beauty blogs as well as through
Public Relations and Special Events.
Advertising Strategy
To achieve the primary objective of versatility awareness the strategies employed
in advertising include: social media, beauty blogs, online advertising and print
advertising. Advertising will play a main role in our promotions mix and is one of the
most important aspect in our marketing strategy with a main goal of drawing more
attention, along with customers, to our business. This is where almost a third of our
budget is going. As our target audience is a busy, fashion savvy 25-39 year old Canadian
woman that loves to travel, a 2-page spread primarily in ELLE Canada and will also be
placed into Cosmetics Magazine will be most efficient in advertising to our consumer.
Cargo Cosmetics will utilize an effective message strategy for our print advertisements,
which will be conveyed through our message of being the jet-setting, rambunctious
woman our consumer is or aspires to be. The text that will be emphasized in our ads will
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be: stylish, beauty, jet setting. This will be demonstrated and consistent throughout our
ads and informing our viewers about the brand and the concept we are trying to get
across. The makeup itself will be the main focal point in the ad, and the overall visuals
will demonstrate color, uniqueness and a fresh, clean look. Examples of print ads, as well
as social media advertisements, can been seen in Appendix D.
The spread in ELLE will run between five to nine times per year in order
consistent yet cost efficient. Elle Canada is the go-to fashion magazine covering fashion,
beauty and style for Canadians and Cosmetics is another Canadian publication heavily
read by Canadian women cosmetic consumers and cosmeticians. It is published every
two months to meet specialized needs of Canada’s beauty advisors/cosmetics working at
the retail counter in drug and department store arenas. Each issue educates the readers on
what’s new in color cosmetics, fragrances, skin care, hair care and all other health and
beauty categories (cosmeticsmag.com).
We will be planning a double page spread (DPS), featuring the latest items along
with the best sellers from the Cargo collection. The media will include a two full-page
and full-color print advertisement, as well as online advertisements. We will start placing
ads in January 2015 and will continue throughout the year. We will also consider other
magazines that target our consumers providing our primary ads prove successful.
Additionally, ELLE Canada and Cosmetics Magazine both engage readers and the
digital online community, which further extends our audience. As previously stated in our
Target Market portion of the promotional plan, ELLE Canada is extremely prominent
among our specific target market, we feel as though these readers and Cargo Cosmetics
consumers share many of the same qualities and will be our number one platform to
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reach our target customer, and will be where the majority of our advertising budget will
be spent.
Advertising both online and in print magazines is an effective way to
communicate with large audiences and to quickly generate our brand image. Our
advertising objective is to focus on promoting the versatility of our brand, as well as
increasing our appeal to potential consumers with colorful eye-catching double page
spreads and online advertisements. Internet advertising will consist of banner
advertisements that will be placed primarily on popular high-traffic Canadian beauty
blogs such as www.beautycrazed.ca, www.beautyeditor.ca and www.glittergeek.ca. Each
advertisement will display our latest items, and will provide a link to our website.
Additionally, we will provide samples to popular beauty bloggers and partner up with
these bloggers to reach a new audience in an informal way and further develop our brand
by accessing a new audience.
Public Relations Strategy
In addition to our advertising for Cargo Cosmetics, Public Relations is another
critical component to our brand’s promotion. We will hire an external Public Relations
consultant to handle our press and information during the first half of our launch
(duration of 6 months). The consultant will be from a Public Relations firm/agency and
will be in charge of monitoring public communications and providing confident
information about our brand to our target market. This will be done through mass
communications, various social media platforms such as YouTube, Facebook, Twitter,
Instagram, etc. The need for a Public Relations consultant in our plan will be there to
constantly update information, answer inquiries and be ready to provide information to an
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audience at any time. It is our role to inform our consultant about our business
concept/strategy as well as the company’s beliefs, history, background and our goals
going forward with our new launch.
The tactics used in our primary strategy will be to maintain our consistent brand
image throughout all promotional outlets and to drive brand awareness. As more news is
consumed on blogs, social media and other various informal communication outlets, we
must focus on our brand being more creative and demonstrate the ability to stand out
from many other various cosmetic brands. Another element of Public Relations that we
will include in our promotion is a Special Events and Sponsorship. We would like to be
involved in sponsorship for events that are specifically geared towards our consumer
market. We think that an event such as World MasterCard Fashion Week held twice a
year in Toronto will be a great way to get our brand’s name out there and for consumers
to easily access our products. Other examples of Special Events can be Cosmetic
tradeshows, Women’s Lifestyle Events, etc. These events will also give the company a
way to communicate in person to hear about the company and our products.
We will provide a sample selection of our new and best-selling items in sample
gift-bags that will be used to handout at major runway shows. We will also provide all
makeup for fashion week, and will work alongside designers to create and design total
looks. We will also have product displays that will allow easy access and tangibility for
consumers. This will be an important platform to showcase our items, as well as for
potential customers interested in the beauty/fashion industry to test out our product and
garner attention from the press.
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Promotion Budget
As Cargo Cosmetics is not publically open about their finances, promotional
budgets cannot be accurately set on financial parameters. Our budget is based on the
task-oriented method in which we have set our desired goals (Hercky, Pasqua, and
Herman, 2014). These promotions are meant to advance our communications with our
current and potential customers. This task-oriented method allows our promotions to be
the driving force of our marketing strategy. We have allotted approximately $220,000
towards 2015’s promotional budget. In 2012, Cargo was acquired by TPR holdings,
which only invests in companies with revenue of at least 2.5 million (Investment Criteria,
2014). We can assume we are spending approximately 10% of our revenues on
promotional objectives.
Total promotional budget: $219,473 (See Appendix E for breakdown) Total cost for PR agency (6 months)……………………………………….……$12,000 Total cost for advertising……………………………………………….………..$78,850
o Elle Magazine double page spread 5-9 times per year………………...$41,430 o Cosmetics Magazine double page spread 2 times per year………..…...$26,020 o Beauty blogger gift packs……………………………………...………$11,400
Total cost to sponsor WMCFW…………………………………...……………$128,623 o Staffing/Makeup Artists………………………………………...….$54,000 o Cosmetic product & supplies at retail………………………….…..$17,046 o Equipment and lighting…………………………………….………$10,702 o Giveaway bags at retail………………………………….…………$46,875
Cargo’s integrated marketing communications plan consists of many promotional
tools to help build brand awareness. Through our promotional outlets we will maintain
our consistent brand image and drive brand awareness. With a carefully selected budget
in line with our promotional strategies, we want to stand out as the go to cosmetics line
by taking a creative approach. From print spreads in ELLE and Cosmetics magazine,
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banner ads on the web, blogs posts, and other advertisements to sending out samples and
reaching the media through the use of public relations and working with special events
such as World MasterCard Fashion week, we believe our promotion plan will be
successful.
Our plan will help to expose our product and attract potential customers and will
therefore build on our consumer base. We feel that by using advertising and public
relations strategies, keeping a consistent message throughout, and putting a creative spin
on our approaches, will help build our brand and show the world that Cargo really does
provide “makeup to move you.”
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Appendix A Cargo Cosmetics best sellers.
Face (Face - Best Sellers)
Eyes (Eyes - Best Sellers)
Cheeks (Cheeks – Best Sellers)
Lips (Lips - Best Sellers)
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HD (HD – Best Sellers)
Swimmables (Swimmables – Best Sellers)
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Appendix B
Cargo Cosmetics “Frequent Miles Club” Rewards program break down.
(Frequent Miles Club)
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Appendix C
TV Nashville Girls The Newsroom Anger Management New Girl Trophy Wife How I Met Your Mother 2 Broke Girls Brooklyn Nine-‐Nine Enlisted Cougar Town Dads Sean Saves The World Hannibal Hawaii Five-‐O American Horror Story Modern Family Nikita The Mindy Project
Film Insidious (2010) Everybody Loves Whales (2010) Starring: John Krasinski, Kristen Bell & Drew Barrymore Tim Burton's Alice in Wonderland (2010) Starring: Johnny Depp, Anne Hathaway and Helena Bonham Carter Iron Man 2 (2010) Starring: Robert Downey Jr and Gwyneth Paltrow The Joneses (2010) Starring: Demi Moore, David Duchovny Born to be a Star (2010) Starring: Christina Ricci Fame (2009) Starring: Kelsey Grammer and Megan Mullally Obsessed (2009) Starring: Beyonce, Ali Larter, Idris Elba and Jerry O'Connell . Major Movie Star (2008) Starring: Jessica Simpson The Women (2008) Starring: Meg Ryan, Annette Bening, Eva Mendes and Jada Pickett Smith Winged Creatures (2008) Starring: Jennifer Hudson, Kate Beckinsale and Forest Whitaker Finding Amanda (2008) Starring: Matthew Broderick and Brittany Snow Rockett (2007) Starring: Sharon Stone and Lucy Liu Over my Dead Body (2007) Starring: Eva Longoria, Paul Rudd and Jason Biggs When a Man Falls in the Forest (2007) Starring: Sharon Stone I Now Pronounce You Chuck and Larry (2007) Starring: Adam Sandler, Jessica Biel and Kevin James Hairspray (2007) Starring: John Travolta, Michelle Pfeiffer and Christopher Walken
(Cargo On Set TV/Film)
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Appendix D
Example of a Cargo Cosmetics print advertisement.
(Cargo Cosmetics – Beauty Drugs) Example of a social media advertisement.
(Cargo Cosmetics 6 Must Have Items)
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Appendix E Total cost for PR agency (6 months)…………………………………………………………$12,000
-‐ Budget based on the generalization that the cost to hire a public relations firm begins at about $1800 per month (The Cost of PR Activities and Hiring a PR Agency, 2014). Total cost based on 6 months.
Total cost for advertising…………………………………………………….…………….……..$78,850
o Elle Magazine double page spread 5-‐9 times per year……………………...$41,430
(Source: Elle Magazine national rates 2014 for advertisements)
o Cosmetics Magazine double page spread 2 times per year……………....$26,020
(Source: Cosmeticmag.com pricing for advertisements)
o Beauty blogger gift packs……………………………………..…………………..$11,400
1 x foundation ($36) + 1 x mascara ($22) + 1 x blush ($26) + 1 x lipstick ($22)
Total cost per blogger ($106 at retail, $8 standard shipping )………………………..$114
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100 bloggers ! Total cost …………………………………………………………………………$11,400
(Source Cargocosmetics.com for product breakdown.)
Total cost to sponsor WMCFW………………………..……….………………………………$128,623
o Staffing/Makeup Artists……………………….…………………………………….$54,000
According to Allure magazine freelance work earns makeup artist anywhere from $75-‐$150 (Pergament, 2014). As World MasterCard fashion week is a networking opportunity for all, we have decided on $300 per day as salary for the artists, with a total of 20 artists. ! 20 artists x 7 days (Fashion week) x 2 days (training) x $300 = $54, 000
o Cosmetic product & supplies at retail………………………………………..……..$17,046
-‐ Six makeup stations backstage to be used by 2-3 makeup artists. -‐ One station on the main floor for touchups and guests.
Breakdown of product cost:
HD Foundation x 8 colour ways: $288 HD Mascara x 3: $66 Swimmable Eye liners x 6 colours: $108 Swimmable Lip liners x 4: $72 Double Agent Concealer x 6 colour ways: $192 Lipstick x 12 colour way: $264 Lip Glosses x 6 colour ways: $96 Blushes x 6 colour ways: $156 HD translucent powder x 1: $32 HD Primer x 1: $32
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Eye shadows x 12 colour ways: $192 HD highlighter x 2: $60 HD bronzer x 1: $30 Individual makeup station product cost……………………………….………...….…………..$1588 Total cost for 7 stations ……………………………………………………………..………………$11,116
Cost of makeup applicators: Cost of makeup brushes: $178 x 30 units………………………………..……………..………$5340 (20 units for professionals, 10 units for interns)
Cost of other applicators x 20 units (q-‐tips $3, sponges $4, makeup remover wipes $12, brush cleaner $10.50 ……………………………………………………………….…..$590
(Source: Walmart Canada)
- Equipment and lighting………………………………………..………………………………$10,702
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Cost 14 day rental (stations and chairs)……………………………………………..………….$5452
(Source: Email between Alexandra Peroni and Film & Event Solutions.)
Cost for lighting x 7 units at $375/week for 2 weeks………………………..……………$5250 (Source: CSIrentals.com)
Giveaway bags at retail…………………………………………………………………………$46,875
Breakdown of Costs: 1) sample product 2) gift bag 3) flyers 1) Full size mascara at retail $22 x 2000 units ……………..…………………………… $44,000 (Cargo, 2014). 2) Gift bag with logo at retail $1.35 x 2000 units …………………..…………….…………$2700
(Source: Email between Alexandra Peroni and ADD printing & packaging.)
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3) Flyers x 2000 units ……………………………………………………………. $205 total unit cost
(Source: Vistaprint.com/custom-‐flyers)
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