Download - New Look Eyewear
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New Look Eyewear
By: Jabir Arora
Prof: Allan Linklater
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Company and Product
New Look Eyeware Inc. is a Canadian company, which deals with
sunglasses, contact lenses, eyeglasses etc. The company was founded
in 1963. The company has great reputation in Canadian market. It
provides products for men, women, and for kids. It’s a very popular
company among Canadians. Especially in Quebec because it is a
Quebec based company. The company’s headquarter is in Quebec.
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Product Business Objectives
Increase in no of Stores.
Access to a new and valuable market with similar attitudes towards
product selection.
By the end of the year increase in market share by 10-20%.
To become a brand which is being operated internationally.
The company is trying to become a good alternative for the people
who rely on quality.
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Country Research
The population of France is estimated at 64,641,279 in
2014. France ranks number 21 in the list of countries by
population.
The population growth was around 0.5% in 2012.
French is the main language of the country.
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GDP per capita (US Dollars)
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Competitive Analysis
In France, Luxottica France, and Essilor International dominate the
industry in terms of Company shares of Designer Eyewear, Spectacles
and Contact Lenses included.
Brands such as Ray-Ban and Oakley hold the most brand shares of
designer eyewear, but non-designer brands once again lead the way
with over 70% brand share in the French Eyewear Industry.
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Product and Price
Sunglasses
Contact Lenses
Modern frames
Blink-activated moisture lenses
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Product and Price
Sunglasses start from euros 45 only.
Price is lower than other brands like Ray Ban
Frames are available form euros 25 only. Which is a
revolutionary price.
Lenses price vary from 60 to 500 euros
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Promotional Plan
Social Media (Facebook, Twitter, YouTube)
Company’s own website
2 for 1 Event ( Company’s ongoing promotion)
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Channel Plan
Method Strategy Results
Facebook Daily Updates Build Awareness
Twitter Follow randomly Increase Followers
YouTube Product videos Demonstration of Products
Email Newsletters New promotions
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Financial Analysis
Promotional Budget
Promotions Dollar Amount Percentages of Budget
1. Publicity $406,700 13.56%
2. Fashion Show $671,596.11 22.40%
3. Advertisement $169,703.89 6%
4. Sales Force $1,752,000 58.4%
Total Expenses $3,000,000 100%
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Anticipate Challenges
New Market with broad competition.
Consumer Behavior
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Reasons to Invest
France is known for its fashion industry which is a
key reason to invest.
People with the same language so the company
can communicate well and use its past experience.
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