4. Target Demographics
o Females
o Ages 18-24
o Urban areas + nearby suburbs
o College students + recent grads
o Part-time job
5. Target Psychographics
o Listen to Top 40 music
o Interested in keeping up with the
latest fashions
oLike utilizing social media
oLooking for deals/sales
6. Strategy
Objectives
o Sell Marble Top Coat
o Increase OPI Nail
Lacquer sales
o Make OPI leader in
nail art innovation
Positioning
For YOUNG WOMEN AGES 18-24
Marble Top Coat is THE ONLY
NAIL ART SOLUTION the creates a
viable nail ART DESIGN WITH THE
LEAST AMOUNT OF EFFORT
because of its INNOVATIVE
FORMULA.
10. Direct Selling
o E-coupon for OPI email subscribers
o E-coupon for Sephora Beauty Insiders
oBuy Marble Top Coat in-stores or on-line and get
two OPI colors for $6 (reg. price $8.50) [BRAND SPECIFIC]
In-store Displays
o Near point of purchase in mid-range full-service
beauty salons
oLocated in areas w/highest concentration of target
New York, Boston, Philadelphia, Washington D.C., Atlanta,
Miami, Chicago, Minneapolis, Austin, Los Angeles, San
Diego, San Francisco and Seattle
o Specialized displays in Sephora stores
12. o My Harvard chemist and I are the only ones who have this
formula
o The formula and packaging can be manufactured with the
same equipment as current OPI products
o formula does not have special storage requirements
o Can be shipped with other OPI products
o In-house marketing for flagship + Nicole line print ads
oSephora in-house for Sephora line to develop in-store displays
o no print ads for Sephora line
o Agency for specialized social media engagement
Timeline:
oProduction
o Packaging/shipping/stocking
o PR: sampling and social media engagement
o Print Ads
o Evaluation
Notes de l'éditeur
Because it’s so difficult to make it occupies a niche market