Marketing Strategy and Ethical Framework: Mac Cosmetics Analysis
VerifiedAdded on 2022/11/18
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AI Summary
This report provides an in-depth analysis of Mac Cosmetics' marketing strategy, specifically focusing on the launch of their Mini Mac Lipstick. The report details the company's approach to goal setting, audience targeting (women who regularly use lipstick), and situation analysis, including the use of customer personas. It highlights the company's shift towards social media promotion to engage a younger demographic, contrasting it with previous strategies. The report also examines the ethical framework employed by Mac Cosmetics, particularly the application of the "Utilitarian Approach," emphasizing the importance of ethical advertising and transparency regarding product ingredients and potential side effects. The conclusion summarizes the successful launch of the Mini Mac Lipstick and reinforces the company's commitment to ethical marketing practices, including full disclosure of product information to build brand reputation and foster customer trust.
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