Preview

Loreal Market Entry Strategy India & China

Good Essays
Open Document
Open Document
5215 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Loreal Market Entry Strategy India & China
A
Report on

L’Oreal’s business and entry strategy in India and China

Indian Institute of Foreign Trade, New Delhi

Submitted to : Dr Gautam Dutta
Submitted by : Group 6 (Section B)

Acknowledgement

This report is prepared in subject International Marketing Management studied in third trimester in part time MBA (International Business).

This report is prepared under guidance of Dr Gautam Dutta, Indian Institute of Foreign Trade, New Delhi.

Presented by (Group-6):

1. Aditya Sharma (54) 2. Gordhan Meghwal (106) 3. Harmeet Singh (71) 4. Ranjth Kumar (87) 5. Satendra Singh (93)

Table of Contents 1. Abstract: 4 2. Introduction 4 3. The Global Reach Of L’Oreal 5 4. The Business 5 5. The Product Categories 5 5.1. Consumer products 5 5.2. Professional products 6 5.3. Luxury products 6 5.4. Active cosmetics 6 6. Corporate Strategies 7 6.1. The Strategist 7 6.2. Initial Strategy 7 6.3. Mergers and Acquisitions 7 6.4. Cross-fertilization: 8 6.5. New Geographic Areas 9 6.6. Research and Development 9 6.7. Entering New Business 10 6.8. Exploring New Opportunities 10 7. Corporate Social Responsibility 10 8. Achievements 10 9. A Complete Global Changeover 11 10. SWOT analysis 12 11. L'Oreal’s Journey in India 13 1. Consumer Products 14 2. Luxury products 14 3. Professional Products 14 4. Active Cosmetics 14 12. L'Oreal’s Journey in China 15 12.1. Result 16 12.2. The China Observer View 17 13. Conclusion 17

1. Abstract:

L'Oreal, the world's largest cosmetics company entered the booming Indian hair color market in 1997. Since then, it has been meeting demands of its Indian consumers, competed from local and international companies and expanded from cities to the two and three-tier towns of India. This case provides detailed and comparative study in entry in Indian and China. It

You May Also Find These Documents Helpful

  • Powerful Essays

    Assessment tasks 1 3

    • 1628 Words
    • 6 Pages

    References: 1. Joshi, Rakesh Mohan, (2005) International Marketing, Oxford University Press, New Delhi and New York…

    • 1628 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    John Lewis in China Report

    • 6732 Words
    • 27 Pages

    Ghauri, P and Cateora P (2010). International Marketing. 3rd ed. New York: McGraw Hill Education. p249.…

    • 6732 Words
    • 27 Pages
    Powerful Essays
  • Best Essays

    Mkt 505 Courseguide

    • 6367 Words
    • 26 Pages

    This course reviews the organization for international marketing, foreign demand analysis, product development and policies, trade channels, promotion policies, pricing, and legal aspects. Emphasis is on development of effective international marketing strategy addressing the major global market areas (Europe, Africa, Asia, and the Americas).…

    • 6367 Words
    • 26 Pages
    Best Essays
  • Powerful Essays

    Park Avenue Skin Care

    • 2574 Words
    • 11 Pages

    Cateora, P.R., Gilly, M.C., Graham, J.L. (2011) International Marketing, 15th Ed, McGraw-Hill/Irwin, New York: NY…

    • 2574 Words
    • 11 Pages
    Powerful Essays
  • Best Essays

    Czinkota, M., Ronkainan, I., Sutton-Brady, C., and Beal, T., (2008) International Marketing, an Asia Pacific edition, Thomson, Melbourne…

    • 2764 Words
    • 12 Pages
    Best Essays
  • Better Essays

    Nations, like the people who inhabit them, are all different. Some, like the United States, are at the forefront of technology and development. Others exist as third world nations, where even the most basic necessities are hard to come by. And then there are those which are in the middle, such as India. In the past 20 years, India has grown in the eyes of the global community from a rural, developing nation to a burgeoning global marketing hub. While India had much guidance from the United States and other global powers, the country has still chosen to follow its own path of business and marketing development. This paper is designed to evaluate India 's current marketing environment in comparison with the marketing environment here in the US, citing both nation 's similarities and differences.…

    • 1400 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    International Marketing

    • 4967 Words
    • 20 Pages

    Module no – Mkt 3130 International Marketing TITLE OF CASE STUDY- LUXOTTICA Word Count- 3176 Tutor name – DR. ALUN EPPS…

    • 4967 Words
    • 20 Pages
    Powerful Essays
  • Satisfactory Essays

    Study Notes

    • 447 Words
    • 2 Pages

    References: Cateora, Philip R., Gilly, Mary C., & Graham, John L. (2013). International Marketing, Sixteenth Edition. New York, NY: McGraw-Hall/Irwin.…

    • 447 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The world is getting smaller and smaller by new ways of technology and modes of communication. With the rapid changes in the globalization now every country is on the pathway to develop the international trade with different countries. India being a developing country developed countries like United States; United Kingdom etc. are keen on launching their successful products and services in India. In today’s time Indian people are more interested in international trade affairs. The patrons are becoming more educated about the foreign products and services and the value and experience which they deliver. When companies gets it foot into the international trade relations there are many factors that come into consideration beyond the borders of the home country, like culture, business structure, religious beliefs, social behavior and different consumers segments and their different mind sets. When a company deals with other country, they not only deal in economical factors but also in social, cultural, market structure and the way buyers get influenced to buy the products and use services. Hence the international company tries to builds long term relationship and trust into their patrons.…

    • 4662 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    Disney in Tokyo and Paris

    • 1231 Words
    • 5 Pages

    Cateora, P.R., & Graham, J.L. (2006). International Marketing (13th ed.). New York, NY: The McGraw-Hill Companies, Inc.…

    • 1231 Words
    • 5 Pages
    Better Essays
  • Good Essays

    This report has been prepared to meet the partial requirement of the Marketing course of Bachelor of Business Administration (BBA) under Kathmandu University.…

    • 7468 Words
    • 24 Pages
    Good Essays
  • Powerful Essays

    Philippines Orient Airways

    • 3224 Words
    • 13 Pages

    References: Kotler, P., Keller K.L. (2009). Marketing Management (13th Ed). Singapore: Pearson Education South Asia Pte Ltd.…

    • 3224 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Marketing Plan Tanduay Ice

    • 5045 Words
    • 21 Pages

    has been approved and accepted as partial fulfillment of the requirements for the Degree of Bachelor of Science in Business Administration, Major in Marketing Management.…

    • 5045 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Safta and India Report

    • 22438 Words
    • 90 Pages

    Director (Regional and Multilateral Trade Relations), Department of Commerce, Government of India; Email: rsratna@nic.in # Deputy Adviser, Planning Commission, Government of India; Email: gsidhu@nic.in…

    • 22438 Words
    • 90 Pages
    Powerful Essays
  • Powerful Essays

    Globalisation and Its Impact

    • 5251 Words
    • 22 Pages

    Sonia, Research Fellow, Department of Commerce, Punjabi University, Patiala(Punjab). Dr. Rajeev Kansal, Reader, Department of Commerce, Punjabi University, Patiala(Punjab).…

    • 5251 Words
    • 22 Pages
    Powerful Essays

Related Topics