L'Oreal- Going Global

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Transcript of L'Oreal- Going Global

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FOUNDED in PARIS Over a 100 years ago…

By Eugene Schueller

130 COUNTRIES

23 BRANDS..

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4 GROUP PRODUCTS

CONSUMER

ACTIVE

PROFESSIONAL

LUXURY

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STEPS FOR SUCCESS OF L’OREAL AS A GLOBAL BRAND…

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DECIDING WHETHER

TO GO ABROAD.

“Meet the needs of men and women and make beauty

products available to as many people as possible.”

Owen-Jones, ex CEO &

Chairman, L’oreal

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WHICH MARKET

TO ENTER?

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Developed or

Developing?

How many?

Evaluating

potential markets.

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HOW TO ENTER THE MARKET?

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Exports

Licensing

Joint ventures

Direct investments

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L’oreal became a

player in growing

ethnic hair care

industry when it

purchased and merged

Soft Sheen products

and Carson Products.

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DECIDING MARKETING PROGRAM

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Global

similarities

and

differences

Marketing

and product

adaptation

E.g.- Wonder curl

mascara in

China.

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Global product strategy

Global communication

strategy

Global distribution strategy

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DECIDING MARKETING ORGANIZATION

International

Division

Headquarters

at PARIS

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RESEARCH AND DEVELOPMENT

14 Research

Centers..

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WHAT’S NEXT FOR L’OREAL?

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INNOVATION

SUSTAINABILE WAYS

EXPANDING MARKETS

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Portfolio

Which market to enter

How to enter the market

Deciding marketing program

Marketing organization

R&D

What’s next

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DISCLAIMER Created by Aboli Wanjari, VNIT Nagpur, during a

marketing internship by Prof. Sameer Mathur, IIM

Lucknow.