Essay on Marketing
There are several parameters which have invested for
the growth of retails stores such as quality of the products, accessibility,
varieties of products, price of products etc but out of all the parameters the
major parameter is branding and marketing
campaigns.
Purpose of this report is to analyze the brand
effectiveness of a retail firm known as “Body Shop”. This is a retail giant who
specializes in the field of cosmetics as well as products for good looks. This
is not the only brand in this sector but there are several other brands which
are highly popular like L’Oreal and Grainer. These are the companies which
serve the same market segment and thus are chief competitors in the brand.
The retail store “Body Shop” was first opened as an
outlet in the year of 1976 at Brighton. The company Body Shop is into selling
of body as well as cosmetic products. From the beginning of the business
operations, this company was determined to produce and sell only those products
which are made of ethical functions and processes. The products sold have high
ethical and moral values attached because of environmental friendly processes
and policies followed by the company Body Shop. Founder of this company, Anita Roddick,
quickly understood that the customers are willing to pay for the products which
are made through environmental friendly procedures and these types of products
have high customer loyalty.
Body Shop considering the values of the founder
started to research and develops only those products which not only help in
looking or feeling good but also help customers in doing well. This values and
belief of the company Body Shop is communicated through their tag line which is
“Feel Good, Look Good, Do Good”. In fact every marketing campaign addresses the
unique selling proposition of this brand as a highly responsible brand.
Mission statement of this company is “to the pursuit
of social and environmental change”. Body Shop always followed the principle of
environmental sustainability and social issues follow. This brand identity has
to be maintained for long time but as the time changes, the brand positioning
should also change. The brand image of the Body Shop was fixed as a socially
and environmentally responsible company but in 1990’s the environment
protection and several other social factors became part of political movement.
Thus this image of Body Shop never remained as key differentiating factor. Soon
the brand lost its aura among the target group as every other company as well
as government institution started to flout environment, social and ethical
behavior. Thus there was a need for the company to re-juvenile its brand image
by changing its marketing campaign as well as branding style.
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