Revlon is a global personal care brand known for quality products. It has a wide range of products targeting women seeking personal care and style. Some of Revlon's strengths include being the first international color cosmetics brand worldwide and endorsements from celebrities. Revlon has experienced success through strategic promotional campaigns tied to fashion trends and sponsoring the popular TV show The $64,000 Question in 1955. However, Revlon faces threats from many competitors in the market.
Revlon is a global personal care brand known for quality products. It has a wide range of products targeting women seeking personal care and style. Some of Revlon's strengths include being the first international color cosmetics brand worldwide and endorsements from celebrities. Revlon has experienced success through strategic promotional campaigns tied to fashion trends and sponsoring the popular TV show The $64,000 Question in 1955. However, Revlon faces threats from many competitors in the market.
Revlon is a global personal care brand known for quality products. It has a wide range of products targeting women seeking personal care and style. Some of Revlon's strengths include being the first international color cosmetics brand worldwide and endorsements from celebrities. Revlon has experienced success through strategic promotional campaigns tied to fashion trends and sponsoring the popular TV show The $64,000 Question in 1955. However, Revlon faces threats from many competitors in the market.
Revlon is a global personal care brand known for quality products. It has a wide range of products targeting women seeking personal care and style. Some of Revlon's strengths include being the first international color cosmetics brand worldwide and endorsements from celebrities. Revlon has experienced success through strategic promotional campaigns tied to fashion trends and sponsoring the popular TV show The $64,000 Question in 1955. However, Revlon faces threats from many competitors in the market.
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Revlon
Parent Company Revlon
Category Personal Care Sector FMCG Tagline/ Slogan Beyond Natural; Irresistibly Attractive USP Quality personal care STP Segment Personal care products for women Target Group Women who want quality personal care and style Positioning As a quality personal care product which brings the innovation of USA to India SWOT Analysis Strength 1. First international color cosmetics brand to be launched worldwide 2. Formed a collaboration with many firms which helped expand in India 3. Endorsed by popular artists in USA 4. Good quality products 5. A global brand name with association with many international celebrities 6. Has a workforce of over 7000 employees Weakness 1. Many players in the market restrict market share 2. Brand penetration is mostly in the cities Opportunity 1. Non-traditional promotional activities 2. Collaborate for the networking based model in India which might help increase reach in India Threats 1. Lots of local competitors 2. Changing preferences of customers Competition Competitors 1. Garnier 2. Avon 3. Lakme 4. Loreal http://www.slideshare.net/NAZUREN/loreal-porter-5-forces-model
Postwar sales strategy, too, was influenced by increases in spending and department store credit sales. Returning interest in dress sparked the company's twice-yearly nail enamel and lipstick promotions, which were crafted in anticipation of the season's clothing fashions. Each promotion featured a descriptive color name to tempt the buyer, full-color spreads in fashion magazines, color cards showing the range of colors in the promotion, and display cards reproducing or enlarging consumer ads. Packaging was designed specifically for each line. The Fire and Ice promotion for fall 1952 was one of the most successful. Its features included the cooperation of Vogue magazine, which planned its November issue around the lipstick and nail enamel, "push" money given to demonstrators in stores without Revlon sales staff to insure full retail coverage, and radio endorsements written into scripts for performers such as Bob Hope and Red Skelton. These efforts produced excellent publicity and helped to raise 1952 net sales to almost $25.5 million. The company received its next boost from its 1955 sole sponsorship of the CBS television show The $64,000 Question. Though initially reluctant to go ahead with this project, Revson was persuaded by the success of rival Hazel Bishop, whose sponsorship of This is Your Life was providing serious competition for Revlon's lipsticks. Attracting a weekly audience of 55 million people, The $64,000 Question topped the ratings within four weeks of its debut. Revlon's advertising budget for the year, $7.5 million, proved Charles Revson's adage that publicity had to be heavy to sell cosmetics; as a result of the television show, sales of some products increased 500 percent, and net sales for 1955 grew to $51.6 million, from $33.6 million one year previously Corporate governance Current members of the board of directors of Revlon are: Adrienn Boyiensteins, Paul Bohan, Donna Drayerskeens, Merele Feldstrhoms, Howard Gillyhans, Martin Landau, CEO Lillian Orienbeck, David L.Perlmahnn
Marketing strategy . Takeover strategy The 1970s began with annual sales of about $314 million. The Cosmetics and Fragrances division, its six lines separately aimed, advertised, and marketed, was the industry leader in all franchised retail outlets. Revlon fragrances, such as Norell and Intimate for women and Braggi and Pub for men, had also become familiar to U.S. consumers. Revlon also had a new line of wig-maintenance products called Wig Wonder. An important 1970 acquisition was the Mitchum Company of Tennessee, makers of antiperspirants and other toiletries. Mitchum joined the Thayer Laboratories subsidiary, formerly Knomark. Mitchum-Thayer division's widely publicized products required a 1971 advertising budget of $4 million. In 1973, Revlon introduced Charlie, a fragrance designed for the working woman's budget. Geared to the under-30 market, Charlie models in Ralph Lauren clothes personified the independent woman of the 1970s. Charlie was an instant success, helping to raise Revlon's net sales figures to $506 million for 1973 and to almost $606 million the following year.