PROJECT OVERVIEW
1.1 INTRODUCTION
Silkygirl
is a full range cosmetic brand which is specialized in colour cosmetics such as
Eye shadow, Eyeliner, Mascara, Brow Pencil etc. I have chosen Eye Shadow product
from silkygirl’s colour cosmetics. There are two types of Eye Shadow Products
available in Silkygirl’s shop and other retail shops. One is Double Intense Duo
Eye Shadow and other one is Blockbuster Color Palette.
Double
Intense Duo Eye Shadow contains two different colours in each shadow box. This eye
shadow colour comes in an array of matte, shimmering or glittery finish and
shades go from earthy and pastel to get vibrant hues as well as it gives
ultra-fine texture for a super smooth application.
Blockbuster Color
Palette contains different types of quad colours in each shadow box. It comes
with six different colour codes. With all new Blockbuster color palette, it is
very easy to contrast the colours on eyes. As well it includes an interesting
selection of pigment rich eye shadows from classic neutrals to bright funky
colours which can create very attractive look.
1.2 PROBLEM STATEMENT AND ISSUES
Silkygirl
brand is specialized in colour cosmetics. It was launched in June 2005 across
Malaysia and some other countries at the same time. Within 2 and half years of
its launch, Silkygirl
has got the ownership of being the No. 1 mass colour cosmetics
brand in retail shops throughout Malaysia. But last couple of years Silkygirl
is losing its popularity among the young generation and they don’t have any
specific product which is very renowned for.
Problem statement: Brand
Image is not strong enough to lead Silkygirl
Issues:
Consumers are less loyal about this local brand and their perception towards
this brand is not that much good because most of the consumer thinks that cheap
price of a product is not good in quality as well as consumers are not aware of the improvement in the new range of Silkygirl products. Silkygirl’s target market which is very wide and they are not
focusing on a specific group of people. Many international brands are surfacing
in the market which creates higher level of competition. These international
brands attract more today’s young generation because of their attractive
product packaging and brand image. Silkygirl is unable to gain consumers
attention because of their unattractive Product packaging and labelling.
1.3 OBJECTIVES AND AIMS
OBJECTIVES
- To change consumers’ perception
towards the brand by repositioning the brand, changing the target audience
range, and new packaging for product.
- To create a promotional strategy such
as campaign & promotional booth,
AIMS
- To increase the product sales and
increase the brand awareness.
- To
analyse the target audience
- To find out the level of awareness of
this brand
- To study consumers’ perception of the
brand
- To understand what are the factors
influence consumers’ perception
to purchase a product
Comments
Post a Comment