Competitive Analysis - Cosmetics Products
Project scope
Categories
Fashion design Communications Market research Competitive analysis Marketing analyticsSkills
competitive analysis target audience marketing web analytics sales paragraphs innovation researchKatarina Apet Style and Image Consultant is in the process to complement its services with a line of innovative cosmetics products based on the latest research on Hyaluronic Acid used in cosmeceutical products.
It’s important for us to have a better understanding of competitive brands and products and how they are perceived by the target audience. We want to develop clarity on our competitive advantages and optimize our marketing strategy.
This project will include:
- Segmentation of the target audience and user profiles
- Identification of our current competitors with similar product offerings for each target segment
- Identification of potential future competitors (eg. a large company in a similar industry that may enter the space)
- The creation of a matrix identifying features shared across the companies and those that are different.
- A summary of 2-4 paragraphs describing our competitive advantages and disadvantages relative to the competition identified. This could be done in the form of a SWOT analysis.
We will give you access to organizational assets to support this project such as personnel, website analytics, sales and brand collateral, and more. We can suggest names of competitors to research.
Objective
We hope to gain a comprehensive understanding of the competitors in our space and how we can differentiate ourselves through our product/service offering, and our messaging.
I will provide at least 5 hours of supervision and mentorship.
About the company
As a personal stylist based in Montreal, my goal is to help you find your unique style and create a visual identity, which will bring out your individuality and charisma as well as ooze confidence and project the right image through the clothes and accessories you wear.
Services I offer include:
- Personal Shopping:
A shopping trip to picked stores based on your budget and taste, a customized selection of clothes that are right for you;
- Your Best Colours;
- The Silhouette Analysis:
Analysis of your body type and counsel on cuts, fabrics, and styles, suggestions of the kinds of accessories that will most flatter your shape;
- Style Discovery:
Counsel on existing styles as well as helping you shape your own personal style;
- Wardrobe Detox:
Analysis of the entire seasonal wardrobe; organization of the existing clothes in outfits; creation of a customized shopping plan;
- Photoshoot Styling: advice on style, accessories, make-up, hair, photoshoot concept;