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Marketing Mix for Body Shop

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Added on  2023-04-21

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This presentation discusses the marketing mix for Body Shop, a leading brand of cosmetics and skin care products. It explores the different segments of the market, the elements of the marketing mix, and the differences between B2B and B2C marketing. It also highlights the challenges of domestic and international marketing. References: Chaharbaghi, K. and Lynch, R., 2010. Sustainable competitive advantage: towards a dynamic resource-based strategy. Management Decision. 37(1). pp. 45–50. Chua, K. Y. A. and Banerjee, S., 2013. Customer knowledge management via social media: the case of Starbucks. Journal of Knowledge Management. 17(2). pp. 237–249. Czinkota, M. and Ronkainen, I., 2012. International Marketing. Cengage Learning.

Marketing Mix for Body Shop

   Added on 2023-04-21

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TASK 2
MARKETING MIX FOR
BODY SHOP”
Marketing Mix for Body Shop_1
Introduction
Body Shop is a renowned British brand of
cosmetics and skin care products.
It is a leading market of UK with around 2500
stores and 1200 products of its own, ruling
over 61 countries.
Marketing Mix for Body Shop_2
Two different segments
1st
Teenager Girls
13 to 18 years age group
2nd
Working Women
Above 18 years
Marketing Mix for Body Shop_3
Elements of marketing mix
Product- For teenage girls, Body shop has
introduced a natural and mild product. However, for
working women, it has launch a coloured lip balm by
using organic and natural fruit essence.
Place- Teenager's are more prone to online activities
are very fond of making online purchase. It is also
matches their suitability. Therefore, Body Shop
facilitates online ordering of its products.
Contradictory to that, office going women prefers
trial methods by visiting the retail stores and later
purchasing the product.
Marketing Mix for Body Shop_4
Cont.
Price- Due to a low source of income in teenager's,
Body Shop introduces its product in two different
range of prices. Low cost products are affordable by
the teenager girls. However, office going women can
easily afford high range cost and gives more value to
the product quality.
Promotion- The promotional activity is similar for
both the segments by varied maens of advertisements
in newspaper, magazines and televisions, hoardings
and banners, etc. The cited firm also update its
website on a regular basis to acknowledge its
activities to the service users.
Marketing Mix for Body Shop_5
Difference in B2B and B2C
There's a significant difference between marketing a
product to business and to the customers.
B2B- Business to business is a method of personal
selling where it majorly relies on private contracts with a
different situation of broadcasting a product. It requires a
prompt idea to deal with the distributors with a plan to
convince them.
B2C- Business to customers carries a different approach
of aiming at masses of people and requires a huge source
of funds to make advertisements with the help of media.
Marketing Mix for Body Shop_6

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