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REVLONIngyin Hmwe
Aye Pwint PhyuSoe Mon ThantSaw Yu Nandar
10/3/2015
• Sells cosmetics, skin care, fragnance and personal care
• Head office is in New York, US
• Founded in 1932 by Charles Revson and his brothers Joseph and Joe Roberts
• Along with Charles Lachman, a chemist who contributed “L” in the name Revlon
• Started with single product: nail polishes
• In 1937, started selling polishes in department stores & drug stores
• Within 6 years, became a multimillion dollar organization
• In 1940, offered an entire manicure line &lipsticks
• During World World 2, created makeup & related products
• After World World 2, listed as US company
• In 1955, changed into public company
COMPANY MARKET SHARE
STRATEGIES TO REVLON’S SUCCESS
Three main parts
1. “We make lipstick”
•Means “We keep IT simple”.
•“Copy everything, every file but be it a document or a database and always meant for disaster recovery (DR) purposes.”
•Be everything simple.
2. “Trust but verify”
•Workers and employees (The way they work, personality, etc)
•Products(Quality, ingredients, etc)
3. “Disaster recovery is not just a plan put on paper.”
•Started in May 2011
•Reduced document printing output from 750,000 pages a year to zero
•Reduced energy consumption by 72%, the number of switch ports by 3,600 ports to 400-500.
Advertising• Until 1940s, magazine advertisements, drawn by hand
in black and white
AdvertisingIn beginning of 1945, began full-color photographicsUsed exotic and unique names"Paint the Town Pink""Fatal Apple""Bachelor's Carnation""Sweet Talk""Fashion Plate"
Advertising
AdvertisingDorian Leigh (one of the world's first models), for Ultra Violet.
AdvertisingFeatured a wide age range in 1980s
Milla Jovovich Audrey Hepborn
AdvertisingIn 1980s and 1990s, dropped fashion models and focused on movie stars
Jaime King Susan SaradonHalle Berry
Advertising
Jennifer Connelly Emma Stone
AdvertisingJessica Biel, the newest model in January,2010
REVLON CARES
-Safety-Social-Environmental-Regulatory
SAFETY- Provide our customers with high-quality,
safe and effective products - Our employees with a safe workplace
SOCIAL- To Enhance women’s lives through our products- Support philanthropic activities - The Revlon Run Walk- To raise money and awareness for breast
and ovarian cancer
ENVIRONMENTAL- Reduce the environmental impact of
our operations - Compliance with all applicable laws
affecting our opearations - Reduction in total waste generation and disposal costs- Use of sustainble ingredients and packing wherever possible
REGULATORY- Ensure that our products and operating facilities meet or exceed all applicable standards
SWOT Analysis
S W
TO
• 1st brand, extend Indian market, helped by US artists
• Well-managed distribution channel
Strengths
• Weak financial position• High turnover• Weak marketing areas
Weaknesses
• Increase sales• Joint venture
leads to opportunities
Opportunities
• A lot of competitors• Requires heavy budgets• Selling online reduces
customer relations
Threats
SWOT
Analysis
Key Trends
1
2Introduction of men specific product range
Booming skin care segment
Rise of “Masstige” product segment
Increasing focus on natural products
3
4“BeyondNatural”
Pricing Policy
3. Selecting
final price
1. Estimating
Cost
2. Selecting
a pricing method
Welcome to
Revlonwww.revlon.com/careers