International Marketing Campaign for L'Oréal in Saudi Arabia
VerifiedAdded on 2022/08/24
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Report
AI Summary
This report analyzes L'Oréal's marketing strategy, specifically focusing on the Saudi Arabian market for its cosmetic products. It begins with an executive summary highlighting L'Oréal's objective to launch a new product globally, with Saudi Arabia as a key target. The report then delves into the cosmetic market in Saudi Arabia, emphasizing the high standard of living, the young and image-conscious population, and the increasing demand for natural and halal cosmetic products. The report cites statistics on market growth and consumer preferences, including the rising number of working women and their impact on disposable income. The core of the report presents an international marketing campaign plan, outlining the target audience (middle-aged women), campaign objectives (promoting L'Oréal's new product), budget considerations, media strategy, and campaign approach (promoting halal products). The report concludes by reiterating the potential for L'Oréal's success in the Saudi Arabian market, particularly with halal and natural product offerings, and their contribution to the growth of the cosmetic market. The report includes references to support its findings.
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