tiara (international marketing)
TRANSCRIPT
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By: Florind Metalla
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What is Tiara?
All natural organic blend shampoo
The only 100% natural shampoo in the market
Helps heal damaged hair
Made out of 9 natural ingredients
Rose Water Saw Palmeto Fenugreek Goosaberry Eclipta Alba Acacai Concinna Reetha Neem Aloe Vera
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Competitive Advantage
100% Natural
Helps heal damaged
hair
Minimizes frizz
Strengthens hair
Keeps hair
moisturized
All Natural Ingredients
No Natural Ingredients
Heals Damaged HairDoesn’t Heal Damaged Hair
° Tiara
° L’Oreal Paris
° Herbal
° Pantene
° Dove
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Target Market
Women aged 15 – 25 years old
Middle and upper class
Need an all natural shampoo
Market Size = 11, 285, 704 women
Potential Market Volume = 67, 714, 228 units
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Growth of 3.5% (2004-2009)
Forecasted sales of £1, 384.0 million
Compound Annual Growth Rate (CAGR) of 1.9%
Opportunity
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Hair Care Sales 1,282.2 1,292.1 1,301.2 1,305.4 1,314.2 1,327.1
Forecasted Hair Care Sales 1,327.1 1,340.7 1,354.1 1,366.4 1,376.7 1,384.0
1,220.00
1,240.00
1,260.00
1,280.00
1,300.00
1,320.00
1,340.00
1,360.00
1,380.00
1,400.00
£ m
illio
n
Hair Care Sales Vs. Forecasted Sales
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Trends
Desire for natural and
organic products
Double the Trouble
25% of women wait for
price promotions
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Challenges
Product receptivity
Brand Loyalty
Competitor Predatory Pricing
Technological breakthroughs
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Market Entry Strategy
Strategic Alliance – Joint Venture
Copernicus Company
London, Birmingham, Leeds, Glasgow, Sheffiel
d, Bradford and Manchester
Manufacturing: Tiara Copernicus Company Retailers End Consumers
Canada UK Exporter/JV Waitrose
Tesco
Asda
Sainsburys
Morrisons
Pharmacy2U
Lloyd’s
Pharmacy
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Market Entry Strategy (Cont’d)
Push Strategies:
Personal Selling
Direct Mail
Pull Strategies:
TV Ads
Coupons
Sampling Packages
In-Store Display
Flyers
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Market Entry Strategy (Cont’d)
Internet Marketing
Official website
Affiliate Marketing
Social Media Attack
Blogging Partnerships
Constant Online Coupons
Hair advice and beauty tips
Online Contests
Quick Respond Codes (In-Store Display)
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THANK YOU!