Marketing plan examined here explores Estee Lauder's new 'Beautiful!' line of mineral make up (Cummings 2011). The plan shows how the line can take advantage of increasingly high price points, with campaigns directed at providing a sense of youthfulness and a promise for a youthful glow. Essentially, Estee Lauder is focusing on high end consumers by using a number of facets for their marketing campaign, including print and television advertising. The brand can also benefit from a strong presence in department stores and other retail outlets, whereas competitors, like Mary Kay are often sold through the weaker channel of independent sales consultants. One major positive element about the plant is the mentioning of future action plans to help reduce possible threats (Kotler 1994). It explores what the company can do to avoid falling into traps set up by its external threats, by setting up independently set up retail locations to help the product stand out even more compared to a department store setting were it can be lost in a sea of competitors...
However, there are a number of weaknesses within the plan that could be strengthened, including a lack of clear objectives defined for the product launch and a poor SWOT analysis which needs greater detail in how to overcome weaknesses and threats.Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
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