bioskin
DESCRIPTION
TRANSCRIPT
The Solutions to Troubled Skin
Presented By: Dr. Swati GogawatSukhwinder KourDigvijay Singh YadavKedar RisbudRohan WartyChitwant Tahalyani
INTRODUCTION BioSkin is a Singapore based health and wellness company
Provides products and services in skin and hair treatment
Also provides spa, slimming, pedicure and manicure, health and beauty services
Subsidiaries:
1. AbsTrim Men
2. Nails Concept
3. O2 Skin
Philosophy-
“No Squeezing, No Scarring and No Enlarged Pores”
Founded in 1996; first outlet at The Adelphi
Mathilda Koh – from dry skin-ned stewardess to CEO
Began with providing primarily skin treatment
solutions
The Success Story
Focus on both customer and employees
4 P’s – Perseverance, Patience, Proper Planning
Quality service, trademark professionalism
Technological upkeep
Sound research and testing
From print ads to reality shows
6 outlets across Singapore
Superbrands award for 6 consecutive years
Product Concept
• Core benefit : Complete skin care
• Basic product : Skin treatment, skin treatment products
• Expected product: Skin, hair treatment, professional service; Bio O2 Light Infusion Therapy
• Augmented product : Slimming treatments ;
Jamu Slimming Treatment
• Potential product: Complete wellness treatments and products
Geogra
phic
Segm
enta
tion
•Up Town
• Down Town
Dem
ogra
phic
segm
enta
tion
• Tourists
• Women
• Men
• Income
• Medium
• High
Psy
chogra
phic
segm
enta
tion
• Life Style
Behavio
ura
l se
gm
enta
tion
• Occasions
• Loyal customers
Targeting
Premium customer base
Skin Rebirth
Stem Cell Radiance Face Treatment
Spa treatments
Popular customer base
Acne, Pores, Scars treatment
Gels, Sunscreens, Moisturizers
Facials
POSITIONINGHigh Price
Less Popular
Low Price
More Popular
DIFFERENTIATION
Focus on Asian skin
Latest technology
Researched, developed and manufactured in US
No side effects on herbal products
Exclusive distributorship positions with the
suppliers.
Providing prior information about the test and
treatment
Marketing Mix
Product
Price
Promotion
Place
SWOT in Indian Markets
STRENGTHS
High Technology
Cultural Affluence
Wide variety of products
Ranging from medium to
high prices
WEAKNESSES
No global presence yet
OPPORTUNITIES
Franchising
Training institutes
Tier II, Tier III cities
THREATS
Existing players
Launch of BioSkin in India
Expansion Strategy-They should expand from
Tier I by opening some center saloons and then
training staff for Tier II,III cities.
Pricing strategy- They should focus on pricing
strategy ranging from affordable to high price.
Promotional Strategy –Various discounts and
deals, organizing Workshops and seminars and
displaying their products in local saloons.
Social Media Strategy-Evaluate online potential,
Maximizing online visibility and Designing a web
page especially for Indian market.
Introducing various
weight loss programs
specifically targeting
belly treatments
BioSkin expanded into
men saloons by opening
a new subsidiary
“AbsTrim Men”
Nominated for Asia Excellence
Award 2014
Awards
Super brands 2009
Singapore brand 2011
2012 Asia Pacific Brands Award
Awarded as super health brand
Asia Pacific Beauty, Slimming & Hair Trusted
Brand
Promising SME 500, 2013
Singapore's outstanding enterprise 2013
Singapore's entrepreneurs award 2013
References
• http://www.beautyundercover.sg/
• http://bioskin.com.sg