L'Oreal's Marketing Mix: Promotional Strategies and Advertising
VerifiedAdded on 2023/01/11
|1
|354
|78
Report
AI Summary
This report examines L'Oreal's marketing mix, specifically focusing on its promotional strategies. The report highlights the significance of promotion in enhancing product awareness and driving sales, emphasizing the use of advertising, social media marketing, and direct marketing. It discusses how L'Oreal, a leading cosmetics company, utilizes various promotional methods, including advertising and social media presence on platforms like Instagram and Facebook, to communicate with its customers. The report also addresses the role of brand ambassadors and the importance of promotional activities in increasing overall profitability. References from McDonald and Wilson (2016) and Pogorelova et. al. (2016) are included. The conclusion stresses the importance of well-designed promotional strategies in achieving business objectives.
1 out of 1