FIT ME

FIT ME

Friday, September 27, 2013

Ch.4 The Marketing Environment


                Just like any other company, Maybelline must carefully assess and study the external environment in order to create a strategic and successful marketing mix (Product, Place, Promotion, and Price). There are many factors of the external environment, factors that are always changing with the times, and to which companies must quickly adapt. These factors include values, trends, social media, demographics, and the economy, among other factors. It is important to know your target market, and what it is that they like, want, need, and the things they do in their everyday lives. Although Maybelline makes products for older women, their target market includes young women between the ages of 16-25. When targeting people of this age group in today’s society, social media is vital. Maybelline has recognized the need to be active on social media and has done a great job at targeting its consumers through social media outlets. Maybelline has nearly 4 Million Likes on Facebook (https://www.facebook.com/maybelline), over 100,000 followers on twitter (https://twitter.com/Maybelline). Maybelline’s success on social media is greatly due to their extensive interaction with consumers. Maybelline posts to their social networks daily, with many posts that ask for opinions on different topics, offer sweepstakes, introduce new products, and make announcements. For example, today, one of their posts asked both Twitter and Facebook users to respond to a true or false statement: “I feel naked without mascara on”. The post received positive feedback with about 7,000 likes, over 1,000 comments, and 52 shares on Facebook alone.
           Another very important factor of the external marketing environment is the understanding of demographics. In knowing one’s target market, a company must be mindful of who exactly lies within that target market. Maybelline’s target market (young women between the ages of 16-25), includes women of all backgrounds: African American, White, Hispanic, and Asian. Therefore Maybelline must make products for each of these groups, use appropriate marketing techniques, and be aware of each of their wants and needs. If Maybelline FIT ME only had foundation shades for light-skinned women, they would be losing a large portion of their target market. One way in which they market to all of these ethnic groups is by including women of all backgrounds, and all shades in their advertisements. The race of the models companies use in advertisements may seem like a miniscule detail. However, consumers take notice in this detail. When consumers see diversity in a company’s advertisements, they are less likely to “identify” signs of discrimination, and more likely to feel as if they are being appropriately represented, and feel important to the company.

            Products and their respective advertisements such as the following may make consumers feel as though Maybelline has something to offer for all women:  
 
 
 
Maybe She's Born With It. Maybe Its Maybelline!

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