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Transcript of macpowerpoin
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Megan Guenther, Briana Irwin, Natalie Laneri, Ashley Fitterer, Kaitlyn Tymas,and Megan Fannin
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Company Make-Up Art Cosmetics Ltd.-Founded 1985 in Toronto, Canada Originally for professional make-up artists Vision: To be the most preferred brand of professional make-up artists Fashion models, actors and stage performers were the first consumers of the
products before the publics interest developed
Unique image: black clothing, extreme employee style, black counters,professional make-up artists
Touch-and-play experience Certain people turned off- artists added to the brands credibility and
differentiation Distribtion in Canada and U.S.
- New York and Los Angeles ProShops
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Retail Channels
Products available in over 200locations in 15 countries, with2,500 employees
Partnered Stores: Nordstroms,Bloomingdales and The Bay
Company Owned and Operated
Stores
1-800 customer service call center
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Products
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Company: Pricing& Promotion
Competitive Pricing, between mass-market and competitorsex) lipstick$4-$20 , M.A.C. $12
Preferred Professional IndustryDiscount (PPID)
No advertising, no discounts
- Social conscious programs to helpraise awareness for the environmentand AIDS
Back to MAC ProgramReturn 6 MAC primary packagingcontainers to a MAC counter orMAC Cosmetics Online, you receivea free MAC Lipstick of your choiceas our thanks to you.
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VIVA GLAMCelebrity SpokespeopleThe MAC AIDS Fund is proud to beassociated with a spectacular lineup of multi-talented artists for the launch of the VIVA GLAMVI lipstick and lipglass. These committedsuperstars will serve as powerful emissaries forthe MAC AIDS FUND dedicating their time,
energy and talent on behalf of the AIDS cause.
1994, M.A.C. AIDS Fund supports men,women and children affected by HIV/AIDSglobally
Same year, introduced first VIVA GLAMlipstick
Every cent of selling price of VIVA GLAMlipsticks go to the M.A.C. AIDS Fund
Approximately $100 million proceeds havebeen collected
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Core Industry
Cosmetic Industry- Entered Industry with adifferent approach
-Focusing more ondeveloping professionalquality products
-Socially responsible andunconventional
-Edgy, Hip, and In
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Competition
Lancome, Estee Lauder,Clinique, Elizabeth Arden,and Shiseido
Bobbi Brown Essentials,Trish MacEvoy, Nars, Stila,and Make-up Forever
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Competition(Cont.)
Visiora, Bill Tuddle, Kryolan,RCMA, and Joe Bolasco
Nordstrom, Macys and
Bloomingdales
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Define OpportunitiesWith the undeniable success of M.A.C
since its founding, the company wantsto maintain its status as a leader in themarket.
The company is currently facing aturning point in which it needs to decideon how to focus its attention on all of itsconsumers: professional artists,professional industry and retailconsumers.
How are they going to keep their uniqueand individual style that they have usedto their advantage, while satisfying allcustomers?
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SWOT Analysis
Unique image (known for coloredproducts)
High quality
Word of mouth endorsements byprofessional make-up artists
Numerous awareness campaigns(positive community engagement)
Price
trengths
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Lack of on-line sales
Brand intimidation
No in-store gift withpurchase promo
eaknesses
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Informational website
Selling through retailerwebsite
Taking advantage of selling
online
pportunities
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Competition
already online
Retailers sell
other productlines
hreats
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Online Retailing
With the turn of the century comes an intense look to theInternet and how to best utilize the resources availableon it.
More and more retailers are looking to expand theirbusiness to incorporate internet sales to increase profits.
With rates expected to exceed 200% per year for the
next few years, its imperative that M.A.C takesadvantage of the opportunity in front of them as bestthey can.
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Online Retailing
The internet has made it possible for retailers tobridge the gap between richness and reach.
Rich communication used to only be found face-to-face, while in order to reach the customer,retailers would sometimes have to sacrificerichness.
The internet broke down this fundamental trade-off, making is possible to reach the customerwith a rich shopping experience.
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Define theOpportunity
Monetti identified 3 distinct internet optionsthat he felt were suitable for building an onlinepresence
Information oriented website Online selling through retail partners
websites
Online direct selling through a M.A.C.website
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Option 1: Information-OrientedWebsite
Would allow customers to move an onlinecamera around the page and to zoom in onspecific products or news
Designed to have fashion at the forefront image
in mind
Increase market awareness of M.A.C. and itsproducts worldwide, allowing them to expand intonew markets around the world
Site would include addresses of nearby retailerswho sold M.A.C. products, thereby driving salesto those stores
Could be used at promotion for AIDS, a cause
that the company long supported
Gave the company a way to introduce new andupcoming products
M.A.C. Internet Club
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Option 2: Online Selling Through RetailPartners Web Sites
Encourage existing retail partners to sell M.A.C. products on their ownwebsites
Would create fewer logistics problems for M.A.C.
On the other hand, retail partners were unlikely to make major investmentsin building the M.A.C. brand since they would be showing thousands ofother products online
M.A.C would also have limited input into how its products would bepresented on the sites
Problem: there would be limited potential for new customers since theretailers websites were likely to appeal to their already existing customers
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Option 3: Online Direct Selling Through a M.A.C.Web Site
Site can range from Basic to Innovative
Basic:
Allows customers to purchase products
Choose from itemized lists with brief descriptions and product photographs
Information about how selected
product should be applied
Innovative:
Buy at StoreRefill on-line
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Likely to attract new customers to M.A.C. Stores Quicker & easier to introduce and test new products
Ability to broaden product line beyond what could effectively bedisplayed at stores
Removes excess repeat traffic from M.A.C. store counters, easinglineups and crowding
Customer Profiling
Cross Promote for in-store locations
Increase awareness of Social Campaigns
Benefits
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Could pose a threat to the companys credibility with the
professional segment of the market
Large initial investment:
-Operating Expenses-Warehousing & Shipping/distribution-Cost associated with building the website
Disadvantages
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6 Barriers to OnlineSuccess
Increasing consumers comfort levelsResolving technological limitations
Rapidly scaling internal operationsEngineering comprehensive convenienceResolving channel conflictDeveloping low-cost distribution
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Decision
Online Selling through
M.A.C. website
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Variables ForDecision
Online retailing reached approximately$15 billion in revenues, far exceedingprojections
Attract more customers to the M.A.C.stores
For every dollar spent online, consumerswere likely to purchase another $5 of
goods in stores
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Variables fordecision (cont)
Could introduce their newproducts more quickly
Gives the opportunity tooffer more products
The M.A.C. shoppingexperience analysisshowed that M.A.C sellingonline had the highest total
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Variables (cont)
Many customers including the make-up artistsalready know what they need to buy and they
just need to refill old make-up
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Recommendations
Create Link on website tailored to make-up artists
Offer event listings, job opportunitys, specialty products,
advice with handling clients
Also offer special prices for artists
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Recommendations(cont)
Cater to professional users by showing whats new and fashionable
how to section, different colors that go good together and how to
apply the correct way
Advertise there campaigns such as their Aids awareness charity
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Like this look? Try it on at a store near you:
1. Print this page.
2. Locate a MAC Counter location near you.Find Stores.3. Call to schedule an appointment.
EYESLightly fill in brows with a mixture of Cork and Espresso EyeShadows. Apply Constructivist Paint Pot all over eyelid and blendwell as a base. Highlight the browbone area with Mylar Eye Shadow
using 224 Brush. With a fluffy brush, such as 217 Brush, applyBamboo Eye Shadow all over the lid. Then blend Saddle EyeShadow into the crease with 219 Brush and run it lightly along thelower lashline. Line the top and bottom lashline with StubbornBrown Powerpoint Eye Pencil. For the upper lashline, create athicker line towards the out edges of the lashline, winging slightlyupwards for a dramatic eye opening effect. Curl Lashes and apply
two layers of Plushblack Plush Lash.
CHEEKSDust cheeks lightly with a sheer veil of Well Dressed Powder Blush.
LIPSLine lips with Subculture Lip Pencil. Smooth Viva Glam VI Lipstickover lips and top off with the newest addition to the Viva Glam
collection - Viva Glam VI Special Edition Tinted Lipglass
http://www.maccosmetics.com/looks/malibubarbie_print.tmplhttp://www.maccosmetics.com/looks/malibubarbie_print.tmpl