This report was commissioned by the managing director Linda Shore to gather research in order to increase Barely Beautiful's product range and market segment thereby increasing market share and profitability.

Authors Avatar

Marketing Report

To: Linda Shore,
       Managing Director

From: Anjli Chotai,

            Marketing Director

Date: 26th January, 2004

Terms of Reference

This report was commissioned by the managing director Linda Shore to gather research in order to increase Barely Beautiful’s product range and market segment thereby increasing market share and profitability.

Procedure

Consumer Research

For all consumer research field research methods were used. A questionnaire was conducted on 100 random women aged above 16 in Central London around midday on a weekday. The questions were designed to find out women’s preferences about make up and skincare, such as how much they would be willing to spend and where they prefer to shop. It is very important for Barely Beautiful to know information of this kind because the company has little previous knowledge of cosmetics. A consumer panel testing was conducted with a group of six women aged 19 – 51. The women were given a few products from each of our competitors and were asked to give the products a score out of 10 and say what they did or did not like about it. This would allow Barely Beautiful to realise the characteristics in certain products that do or do not work well and apply these to the company’s own products.

Competitors Research

For the competitors’ research a mixture of field and desk research was used. Each of the other major brands was assessed according to: an example product, their overall price bracket i.e. cheap, moderate, expensive, where it is sold and the methods of promotion the company uses. For the main competitor of Barely Beautiful, Elizabeth Arden, these aspects have been looked at in more detail.

Information and Findings

Consumer Research

Below are some graphs that were produced to analyse the results of the consumer research.

Questionnaire Results

As can be seen in the above graph the majority of consumers questioned were aged between 31 – 40, 26 – 30 and 41 – 50. This factor must be taken into consideration as it could dramatically affect the rest of the results.

This Pie chart shows that Elizabeth Arden is currently the most popular brand among the consumers and is therefore our biggest competitor. The other most popular brands include Bourjois and Clinique.

Join now!

The above graph shows the most popular types of make-up between the consumers questioned. Each of the 100 consumers was asked to choose three different types giving a total of 300 ‘votes’.

The above pie chart shows how often or on what occasions consumers use make-up. The most common by far is daily usage.

The above graph gives an indication of how important consumers consider the price of products to be when they are buying skincare and/or cosmetic products.

The above graph compares how much money consumers would be willing to spend ...

This is a preview of the whole essay