Professional Documents
Culture Documents
Human Nature Final Paper
Human Nature Final Paper
Submitted by:
Flores, Claudette Trixia
Licuanan, Adrianne Joy
Miranda, Melissa Kathryn
Tagle, Allaiza Jasmin
Submitted to:
Dr. Regina Dy
April 4, 2017
EXECUTIVE SUMMARY
TABLE OF CONTENTS (include pages)
Executive Summary
Table of Contents
I. Market Analysis
A. Industry Analysis
1. Macro Analysis (PESTEL)
B. Micro Analysis
1. Competitors and competitor analysis
2. Porter’s 5 forces
3. Pricing, Products, distribution and other promotional campaigns vs. your
company
C. Company Profile
1. Company History
2. Include current market position/ Market Share
D. SWOT
V. Evaluation of Results
CHAPTER 1
MARKET ANALYSIS
I. Market Analysis
A. Industry Analysis
● Political
The outlook in the UK and US continues to be downgraded over 2015-2020, to
1.5% and 2% respectively. The unpredictability of Trump’s presidency, and the UK’s
likely exit from the EU’s Single Market and Customs Union, pose challenges for FMCG,
not least the beauty industry, to continue operating hurdle-free. The UK’s Cosmetic,
Toiletry and Perfumery Association also warned about disruptions along the supply
chain that may result in higher costs and potentially higher prices, even in the mass
segment.
● Economic
The quarterly update as of February 2017 reveals a worsening downgrade, albeit
marginal, to the beauty and personal care growth forecasts (loss of 0.2 percentage
points), with the forecast CAGR over 2015-2020 now standing at 2.7%. The slight
downgrade reflects global headwinds that are deteriorating in core markets that have a
significant bearing on the global prospects for the beauty and personal care industry.
However, in the Philippines, with its growing economy, reflects the healthy and
vigorous private consumption of its population in 2015, which benefited beauty and
personal care. The said industry despite being affected by the country’s significant
issues in 2015, still posted a steady growth of 4% to reach Ps160.8 billion. Due to the
steady growth of the economy and the abundant supply of jobs, consumers enjoyed
considerable disposable incomes to spend on fewer dependents per family. Huge
allowances are now expected to be spent on brands perceived as being of a higher
quality within beauty and personal care.
● Social
According to a study by Barbalova, who manages the research programme for
the global Cosmetics and Toiletries industry at Euromonitor International, consumers are
becoming more focused on experiences, particularly as time has become a luxury
commodity, as well as mindful enjoyment of life. Increasingly, how consumers feel is
directly tied to beauty and mindfulness, which is about a more enjoyable lifestyle,
improvement of aging and overall health.
● Technological
Cosmetics have existed in some form for thousands of years. Some date the use
of beauty products as early 10,000 BC. The earliest documented use of cosmetics
occurred around 4000 BC in ancient Egypt. The earliest beauty products included kohl
for use around the eyes, rouge for cheeks and lips, white face paint, and oil perfumes
Taylor, M. L., Coates, T. L., Anyansi-Archibong, C., & Norihito, T. (2013).
Even experts begun to discuss the leveraging of personal data to create product
recommendations or boost machine learning. More and more brands are using digital
platforms to build R&D and brand intimacy. Meanwhile, new beauty devices are being
introduced to allow consumers to self-analyze the condition of their skin.
In the Philippines, beauty and personal care grew steadily in 2015. Increasing
incomes among consumers paved the way to bigger opportunities, even for niche
categories. As young consumers harness the power of digital technology, knowledge
about products, brands and the benefits of using them was readily available and helped
in pushing further growth for the category in 2015.
● Environmental
Consumers globally show a growing awareness of naturally derived ingredients
as well a desire that products are sustainably produced, these concerns are primarily
evident in most Asian markets. As technological, environmental and economic changes
are increasing, demands for more naturally derived ingredients in beauty products is
also growing. This industry-defining trend is consumers’ growing interest in natural,
organic and ethical products –a widening spectrum of green beauty.
In order to cope up with this growing trend where consumers demand for more
information and to get more engaged not just with the health aspects of ingredients but
also with their origin, processing and environmental footprint. Beauty players became
increasingly focused on stronger digital engagement to reinforce transparency and
provide consumers with access to additional ingredient information.
This also had a huge impact on beauty and personal care companies that are
into animal testing. In a database created by PETA, 30 personal care and beauty brands
were listed as companies that includes animal testing as part of their procedures, Out of
these 30 brands, 9 are top cosmetics brands. The organization encouraged consumers
to be a part of an advocacy to stop animal cruelty in any forms and convince them not to
utilize beauty and personal care products that have undergone animal testing.
On the other hand the organic personal care industry, including cosmetics or
green beauty, is forecast to grow at a rate of 9.6%, reaching $13.2 billion by 2018,
according to Transparency Market Research. By 2020, the market is expected to reach
$15.98 billion, according to Grand View Research. Despite the 17% growth from 2018 to
2020 it is expected that market downgrades will continue due to global uncertainty.
Furthermore, the lack of a standardised, globally accepted definition of such beauty
category creates challenges both for consumers and manufacturers making it a
challenge in predicting the beauty industry outlook.
● Legal
The European Union, now 28 countries strong, has more stringent and protective
laws for cosmetics than the United States. The hazard-based, precautionary approach of
the EU acknowledges that chemicals linked to cancer and birth defects simply don’t
belong in cosmetics – regardless of the concentration of the chemical being used.
Like UK, Canada also formed law in order to protect the safety of their people,
which is known to be the Canadian cosmetics regulations. These regulations are said to
be far more stricter than those in the United States. Health Canada, the federal
department responsible for helping Canadians maintain and improve their health,
regularly reviews the safety of cosmetic ingredients and prohibits or restricts the use of
ingredients that present health risks, according to their website. The Canadian
government regularly updates a Cosmetic Ingredient Hotlist that includes hundreds of
chemicals and contaminants prohibited and restricted from use in cosmetics such as
formaldehyde, triclosan, selenium, nitrosamines and 1,4-dioxane — all of which are
allowed in U.S. products.
A. Company History
Human Nature (Gandang Kalikasan, Inc.) was the brainchild of Gawad Kalinga volunteers Camille
Meloto, Dylan Wilk, and Anna Meloto-Wilk who wanted to start a revolution of inclusive enterprises
that promote caring and restore communities.
Human Nature was the first cosmetics and personal care company in the Philippines to be awarded the
distinction of being truly cruelty-free by the People for the Ethical Treatment of Animals (PETA), the
largest animal rights organization in the world. Human Nature was also the first and is the only Filipino
company to have signed PETA’s statement of assurance against animal testing.
Human Nature is the first and only Philippine home and personal care brand that is a member
of the Natural Products Association (NPA).
NPA is the largest and oldest nonprofit organization in the US dedicated to the promotion of
natural manufacturing and protecting of consumers' health and environmental safety.
The NPA Seal certifies compliance with the NPA Standard for Personal Care Products on natural
ingredients, safety, responsibility and sustainability. This seal is given to products that pass the
following strict standards:
● The product is made with at least 95% natural ingredients, excluding water
● Ingredients come or are made from a renewable resource found in nature, and
processed without harm to the environment
● None of the ingredients pose human health risks as shown by peer-reviewed third-
party scientific literature
● The product is not tested on animals
● The product must list all ingredients on the label
B. Company Mission/Vision
MISSION
Being faithful stewards of our God-given talents and natural resources, we will give the best of
ourselves to urgently and sustainably build a global company which will showcase the best of
the Philippines and uplift all our people, especially the poor through providing affordable, quality,
natural products.
VISION
We will be the gold standard of a globally successful enterprise with a heart that will embolden
all businesses to better serve society.
C. Company products, price list, distribution and promotional campaign (Concentrate only on
what you plan to study.
IV. SWOT
Weaknesses Strengths
(Internal Analysis) (Internal Analysis)
Threats Opportunities
(External Analysis) (External Analysis)
CHAPTER 2
How can Human Nature be the top of mind local, organic makeup brand?
1. To promote Human Nature and the benefits of using organic make up product.
2. To support local make up products.
II. STP
A. Segmentation
Demographics
For ages 16 to 50 years old, female, students and working professionals from SEC B and C
Psychographics
Conscious about the harmful chemicals and effects of cosmetics in the long run
Checks the ingredients before buying the product to be consumed
Behavioral
Wants to purchase affordable yet effective products
Would not settle for low quality cosmetics
C. Positioning
III. Goals Timetable (Short Term Goals -1 Year (Gantt Chart; Monthly for a year)
Long Term Goals – 5 years)
1.
1.
CHAPTER 3 (KATH)
MARKETING STRATEGIES
CHAPTER 4
INVESTMENT PLANS
A. Budgets
CHAPTER 5
EVALUATION OF RESULTS
References
Euromonitor