This article discusses the target market for Lush Cosmetics, including demographic, psychographic, geographic, and behavioral factors. It also explores the positioning of Lush in the market.
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2 Target Market Demographic The age group who tend to buy products of Lush cosmetics is people of 18 years or older. As part of the value sets of customers the consumers have knowledge of both sustainability and environment issues. The location of the stores and the price point are mostly in retail areas that are high ended and to place in the goods sector that are luxurious falls a part of their marketing strategy. The customers of Lush cosmetics tends to be normally females with varying family size. Family life cycle consists of children, young, married or single individual, residents of urban areas. The size of family varies. Customers of middle to high income group tend to visit lush cosmetics. The occupation and education varies. The customers are well aware about issues related to animal rights, sustainability and environment. More detailed understanding can be done by customers who are more educated although information are available in spectrum (Lush Fresh Handmade Cosmetics. 2019). High end specialty products can be purchased by highly educated people who have high disposable income. The generation includes baby boomers and X, Y. The ethnic origin and religion of customers are irrelevant in this case. Psychographic The target population are socially middle to upper class people. The lifestyle of the customers are fighters, seekers and highfliers. The personality of people are not compulsive and they are thoughtful about purchases.Lush is currently trying to sell their products to young, professional women of 20-35 years of age who wish to buy eco-friendly cosmetics. They define their customers as SEGOR (someone with Sustainable, Ethical, Green Organic or Responsible attributes). Mothers, who are having children are the main target market for Lush as mothers tend to be more concerned about what products are going in their body for the best interest of their children. Moreover, it is seen that42% of the mothers who are expecting their baby give importance to the organic goods. Geographic Lush cosmetics being a global company is located in 500 locations in 38 different countries. The market is mostly in urban areas. The retail stores are there in many metropolitan markets and worldwide business of mail order. Climate is not a major point to be considered.
3 Behavioral Benefits sought: Lush cosmetics provides products which maintains quality, no sort of chemical are used in their products and the products are ethical i.e. these cosmetics are not tested on animals. The services provided are of high level and explanations are provided in stores regarding a particular product. It is mandatory for the sales person of Lush cosmetics to give at least five demonstrations of products when a potential customer visits the store. Positioning The position of Lush Cosmetics is much greater than just a soap shop. Lush is improving its presence in global market by relaunching a website that focusses on the content and “deli- style cosmetics”. The aim of lush is to communicate the story behind its ethical values and products. Reports suggest that lush is doing very well and it reported an impressive sales in all over the world. It has a statistics that most of the beauty companies would die to reach (Zainul, Astuti, Arifin & Utami, 2016).It has a thriving e-commerce business. Lush is now in expanding and overhauling process which focusses on in person demonstration of products and experiences in store. The company’s current position is no doubt effective but the risk of competition is high as the firm is likely to minimize commitment towards resources and they tend to avoid internationalization. The increasing risk of competition creates a barrier and discourages the international firms to enter in the market. An opinion in favor of the firm is exporting.
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4 References LushFreshHandmadeCosmetics.(2019).Lush.com.Retrieved7February2019,from https://www.lush.com/ Zainul, M., Astuti, E. S., Arifin, Z., & Utami, H. N. (2016). The effect of market orientation towardorganizationallearn-ing,innovation,competitiveadvantage,andcorporate performance.Journal of Administrative Sciences and Policy Studies,4(1), 1-19.