Many companies have ventured into the cosmetic industry as it is highly profitable since beauty products are very expensive and the demand is very high. Most people in the current generation would like to keep their bodies healthy, beautiful and good looking. A light skin and a well-shaped body structure is what demonstrate the desire of many people. Many advertisements use the notion of beauty in promotion and marketing of products. Beauty has turned out to be a form of attraction and everyone for this reason; does wish to be beautiful and admirable. The beauty industry has turned out to be a gold mine as companies make huge amounts of profits and the selling season runs continuous annually. Beauty products infer psychologically that consumers are taking charge of their beauty, hygiene and healthiness by regularly using beauty products. Women use to be the leading agents of beauty and cosmetics thus female beauty products made booming sales in the beauty market. Lately, men have turned out to show their admiration of healthy living and body maintenance. Men are currently aware of the importance of beauty as they take keen attention to beautifulness, aesthetics, healthiness youthfulness and thinness. All these are considered to be factors that draw men close to youthfulness and far away from aging options. Consumer behaviour This is a collection of entities that determine the consumer’s preference in buying certain products. There are divided into four major sections. These are: social, cultural, personal and psychological. Culture Human beings are surrounded by the society and culture. Cultural values have a great influence on the human way of thinking. It directly affects their preferences and the choices they make. In the context of marketing, culture is viewed as the driving factor to different perceptions, norms values, wants, attitudes, beliefs and manners acquire by a member of a given society from the surrounding environment of people with the same language, behaviour and form of living. Culture gives people the mentality to judge what is appropriate, normal and expected by the society (Cole, 2008. Pg. 23). This notion plays a big role in marketing of commercial products. It has influenced the choice and taste in beauty and the choosing of men’s products. The geographical surrounding of people is the basis of culture and its influence to in the selection of fashion and beauty materials. A European man has his style of fashion and beauty accessories that are different from the American man or the African man. In this case, some beauty products are designed to be global based items but end up selling in selective parts of the world. In the men’s perspective, this can be articulated to culture which influences preferences and choice of commodities. People who belong to the same culture same interests, values as well as behaviour. This can be linked to the similarity in brand preferences and distinct products. Theorists believe that people are adapting to diversity in culture. In this case consumerist lifestyle is in the verge of overshadowing the cultural motivated preferences that people grow up with having acquired them form their upbringing surroundings. Consumerist lifestyle heartens people to linger in adopting new needs and desires. Social factors Social groups have a lot of impact on
Topic: men’s grooming Name: Instructor: Course: Date: Introduction The current globalization era, the advancement of technology, education system, the society and economy are factors that have greatly improved people’s standard of living.These factors relate directly to the rapid growth of beauty cosmetic industry…
These stages can be listed as below: (1) Sporadic export: This is the initial stage of internationalization in which, the organization selects an international markets to be explored. In this stage, the firm has no prior information related with the external business environment of the new market.
YouTube) as this practice would assist her to share product information more effectively. In addition to publishing pictures of products, she may take photos at store events to spread the company culture. It is also recommendable for the marketer to integrate Facebook page or Blog URL into offline ads; this strategy may assist the marketer to invite people attention to her (or company’s) communities and thereby increase brand loyalty.
Even though companies especially in the information technology industry are aggressively pushing this strategy, it is irrefutable that new product development faces huge challenges to the different functional areas thus, leading to a lot of criticisms. Product development often becomes impossible and critised because of the following reasons: shortage of important ideas in certain areas; fragmented markets; social and governmental constraints; cost of development; capital shortages; faster required development time; and shorter life cycle.
In case of the chocolate industry producers have dynamically utilising the marketing mix to gain market dominance in some or most segments in the market. This is one of the reasons why chocolate firms produce a variety of products that caters to the diverse preferences, budget, and geographic location of their buyers.
The greatest force, which is influencing Waterstones, is the technological revolution of eBooks and the rise of digital gadgets that are offering large contents of online books, which can be accessed at a single click of the customers. Furthermore, more and more publishers and writers are now offering their books on the internet.
Marketing educational products and services and especially educational videos needs to take into account this special feature. To interest teachers and schools in educational materials like educational videos, integration of such
This has been attributed by the marketing mix that MAC Cosmetics applies in penetrating the market that the company targets. MAC Cosmetics is a beauty business establishment that was founded in 1984 by Frank Angelo and Frank Toskan targeting
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