L’Oréal’s Market Strategy: How Business Activities Shape Brand Performance
DOI:
https://doi.org/10.61173/k5cf8482Keywords:
Market strategy, brand performance, business activities, digital marketing, global Brand managementAbstract
This paper examines the market strategy of L’Oréal, one of the world’s leading cosmetics groups, and the impact of its business activities on brand performance. The research focuses on the multifaceted approach of L’Oréal in leveraging its global presence and diverse brand portfolio to enhance market performance. By analyzing L’Oréal’s strategic initiatives, including product innovation, digital marketing, sustainability efforts, and regional market adaptation, the study explores how these activities contribute to the company’s competitive advantage and financial success. The paper draws upon a comprehensive analysis of L’Oréal’s business activities review to understand the correlation between strategic and brand performance. It also considers the role of L’Oréal’s marketing mix and the application of SWOT analysis to evaluate the strengths, weaknesses, opportunities, and threats faced by the company. The findings contribute to the existing body of knowledge on corporate strategy and brand management, offering valuable insights for both academicians and practitioners in the field of marketing and business management. The study concludes with recommendations for L’Oréal to sustain its market leadership and further enhance brand performance through strategic business activities.
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