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A new strategic vision for Hazel. Elise Hermans, Constance Reuvekamp , Ilse van Outersterp. Table of content. Introduction Hazel Company – Elise Hermans Problem clarification – Elise Hermans New strategy – Ilse van Outersterp New product – Constance Reuvekamp
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A new strategicvisionforHazel Elise Hermans, Constance Reuvekamp, Ilse van Outersterp
Table of content • Introduction Hazel Company – Elise Hermans • Problem clarification – Elise Hermans • New strategy – Ilse van Outersterp • New product – Constance Reuvekamp • Conclusion – Constance Reuvekamp • Q&A session
Introduction Hazel Company • One of the world’slargest direct sellers of cosmeticsand beauty products • Until mid-1980s: one of the leaders in the CFT industry • 1990s: declined sales in US and Western Europe • Modest revenueandearningsgrowth • Annual sales growth of lessthan 1,5%
Problem clarification • Productsand sales problem • Outdated image • Lack of interesting new lines • Unattractivecatalogue • Too many different products • Overwhelmingforourcustomers • Poorquality
Problemclarification • Not up-to-date supply-chain management anddistribution system • Notabletoreorderandreceivecorrectly • Customersstrugglewithordering system • Direct sales • 7% direct sales • 93% indirect sales • Only focus on indirect sales: more customers, growth in sales
New strategy • Reduce the amount of product lines • skin care, colour cosmetics and fragrances • Improvement of our brand image by new promotion campaigns • Launchingproductsfocusedon youngwomen, teenagers and men • Focus on upcoming market Asia
New product: The Guyliner • Creates a new chance to increase sales • Modifies the negative thoughtsabout the combination men andcosmetics • Rejuvenates the company
Conclusion • Current situation:toomany product lineswhich are alsooutdated Decreasing sales • New and desired situation: 3 innovative product lines (e.g. introducing the ‘guyliner’) Increasing sales
End Thankyouforyour attention