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Marketing Process The Body Shop International My Nguyen 1042134 Phuong Tran 1340420 Bich Do 1435496 Yen Pham 129320 Anh Dang 1401581
22
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Page 1: The Body Shop - Marketing process

Marketing Process

The Body Shop International

My Nguyen – 1042134

Phuong Tran – 1340420

Bich Do – 1435496

Yen Pham – 129320

Anh Dang – 1401581

Page 2: The Body Shop - Marketing process

Marketing Process

• Marketing process is the process of analysing

situation opportunities, selecting target markets,

developing marketing mix and managing marketing

efforts

• Marketing process consists 4 stages:

1. Marketing Research

2. STP – Segmentation, Targeting, Positioning

3. Marketing Mix (4Ps)

4. Implementation and Control

Page 3: The Body Shop - Marketing process

Structure of Presentation

Market Research

STPMarketing Mix

E - Marketing

Conclusion

Introduction

Page 4: The Body Shop - Marketing process

The Body Shop International

1976

Open 1st Store

Open 1st Franchise

Store in Belgium

2013

• Operates more than 2,700

stores in 66 countries

• Offers more than 1,200

products

2006Acquisition by L’Oréal

Page 5: The Body Shop - Marketing process

The Body Shop – Core Values

• Defend human rights

• Support Community Fair Trade

• Protect our planet

• Against Animal Testing

• Activate Self Esteem

Page 6: The Body Shop - Marketing process

Marketing Research

Political Analysis

Economic Analysis

Social/Demographic Analysis

Technological Analysis

Changing in consumer behaviour

Page 7: The Body Shop - Marketing process

Political/Legal Analysis

Economic Analysis

• 1976: Anita Roddick, founder of The Body

Shop delivered 4 million petition signatures

to the European Commission to end animal

testing for cosmetics.

• 2013: The Total ban on animal testing for

cosmetic products has been performed

• Its forecast for GDP growth at 3% in 2014 .

• Inflation rate (consumer price index) fell

from 2.6% in 2013 to 1.5% in 2014.

Page 8: The Body Shop - Marketing process

Social and Demographic Analysis

• Changing population age structure

• 23% of the population between age group of 65 and over

• The UK ageing population is expected to rise over the next few

decades

• The rise in the number of working women at a high wage

• The earning and education gap between women and men has become

much more narrow

Page 9: The Body Shop - Marketing process

Technological analysis

Changing in consumer behaviour

26.4 30.934.6 37.8 40.7 43.4

2012 2013 2014 2015 2016 2017

UK Smartphone users and penetration (2012-2017)

Smartphone users (millions)

• Male grooming market in the UK has expected to increase

5% in 2017.

• The ethical and environmental issues are becoming more

important to consumers (83% claimed that they care about

natural organic and green priority; health and environment

are their priority concern.

Page 10: The Body Shop - Marketing process

S-T-P Process

Mass

consumers

20-55 years

old

Women 20-55

Environmentally

and socially

conscious

“Environmentally

conscious brand”

Page 11: The Body Shop - Marketing process

Brand Value

Ethical Value

(CSR- Ethical Manners, Society

and Environmental Concern)

External value

(emotional connections

with customer)

Internal value

(innovation –

competitive advantage)

Page 12: The Body Shop - Marketing process

Product –Three Layers Model

Baines et al. (2008)

Page 13: The Body Shop - Marketing process

Product – Core Benefits

Moral value

ethical and environmental friendly

Self-Express value: unique personality reflection

Emotional value: feel better and happier

Functional value: beauty care product

Page 14: The Body Shop - Marketing process

Packaging

no secondary packaging, green

logo

Brand Name

The Body Shop

Quality

Premium Quality

Features

Natural ingredients

Actual Product

Page 15: The Body Shop - Marketing process

Product – Brand Identity

Product associations

Eco-conscious brand

Product

Natural care

Personality

Excitement, friendly with environment

Symbol

Green, logo-consistent

Organization

Environmental and ethical business

(Wallström et al., 2008)

Page 16: The Body Shop - Marketing process

Product and Price

• Green and natural concept

• ‘Masstige’ brand offers price

only slightly above mass

product goods

Page 17: The Body Shop - Marketing process

Distribution

• Authentic store: ‘Pulse’

Concept

• Click-and-order site

• Logistic

Page 18: The Body Shop - Marketing process

Promotion

Page 19: The Body Shop - Marketing process

E-Marketing

Kotler et al. Principles of Marketing 4th Edition Figure 4.3 Setting up for e-marketing

• Social Media

Page 20: The Body Shop - Marketing process

Conclusion

Market Research

STP

Marketing Mix

Implementation and Control

Page 21: The Body Shop - Marketing process

Conclusion

Expected Challenges

• Increasingly importance of customised products in

consumer choices which will challenge The Body Shop

to innovate its offers.

Page 22: The Body Shop - Marketing process

Thank you for your attention !

Q&A