Introduction
Background Objective
Aging society
Amore Pacific
Interest in appearance
Korean cosmetic market
Creative marketing
strategy
History
AMORE PACIFIC
No.1 cosmetic company
cosmetics and personal care products
Expending into China, France, and the US
In 2009, Sales 1,769 billion
Revenue 300.6 billion won.
Sulwhasoo
Oriental ingredient cosmetics
Sales ranking No.1 in Department store
Core Competency
Polarization between major company and minor company
Premium cosmetics and low-priced cosmetics
Various channels
1-3 Customer Needs
Increase in demand for premium and functional cosmetics
Increase in interest in naturalistic skin care
Needs for low-priced cosmetics around Daily Cosmetics
Competitors Analysis
Prestige Cosmetics
....