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IBM L'Oreal: Brand Extension
IBM L'Oreal: Brand Extension
L'Oreal
Brand Extension
Mahlatsi Mashile & Ayanda Mashaba
Brand Values
• They cater for all skin and colour types
• Place value in quality of their products
• Place high value in their scientific research and technology
• They reflect passion for innovation, performance, style and a
sense of premium in their brand
Competition
• Dermalogica
• Clinique
Findings
• Secondary Research:
-L’Oreal makes up 53% of global beauty market
-Survey: Woman experience breakouts, drying
etc because don’t know the techniques of applying
make up
-Launch new research and innovation strategy
targeting emerging and current market: capture 1
billion new consumers
-Aim to get closer to markets using technology
Brand Extension
Improve the knowledge of the technique used of applying make-up and skin
care of consumers.
Brand Extension
• Reasoning
Gap: From findings, women not knowing how to apply skin care
products correctly
Brand Extension
• Target Market
– First time users
– Existent consumers
– Want to start taking better care of their skin but don’t
know where to start.
– Differentiate themselves
– Associate with the elite
– Relate to the celebrity faces used to endorse the brand
Brand Extension
• Target Market
Women: (all ethnicity)
Ages 21 upwards
individuality