Professional Documents
Culture Documents
? What’s next for us? With all this in mind, the issue was to decide on the right
?
? marketing strategy to complement the growth of the business.
Business Model
Interactions Acquisition
Opinions Needs
Revenue Model Revenue gotten from e-sales by selling products directly to customers online
Market Opportunity Currently only operates online…no physical stores, no loyalty program and has the
opportunity to expand geographically, vertical integration and further social commerce.
Competitive
Environment Main competition comes from major retail store Sephora and beauty brand ColourPop
Already have an established blog that generates traffic ‘INTO THE GLOSS’ and are
Competitive Advantage changing the norm of how beauty brands sell to consumers. Additionally, they have a
competitive edge in their social branding and cult-like following.
Main marketing medium is their interactive platform to get feedback and their blog to allow
Market Strategy readers to know of their products releases. Also, a lot of organic selling and growth
happens on social media.
Organizational Since no physical locations exist, main emphasis is on the R&D team to innovate
Development products.
Have an enthusiastic and visionary CEO (Emily Weiss) that is always willing to listen to
Management Team customers and guides their R&D team. Along with her, they have their senior vice
president of marketing (Alexandra Weiss), and their CFO (Henry Davis).
SWOT Strong online Easy access
to customer
Innovative
owner with a
Brand cult
with an
presence
feedback clear vision established
audience
STRENGTHS Strong social
media
presence
OPPORTUNITIES
Cons
■ Time-consuming
■ Large upfront cost
■ Risk of failure
■ Guessing game
Evaluation of Alternative 2
Creating an influencer training program and
investing into professional influencers
Pros
■ Reach to relevant audiences
■ Creating content relevant to the audiences
■ Better reach to consumers
■ Low cost of helping customers become influencers
Cons
■ High-end influencers are expensive
■ Risk of not reaching the right people
Evaluation of Alternative 3
Investing into paid media
Pros
■ Cost-effective
■ Reach to specific audiences
■ High efficiency
Cons
■ Lower clickthrough rate
■ Difficulty to reach proper audiences
■ Turn-off ads option
Central Recommendation
■ Glossier should invest into developing an R&D organization