every woman a queen

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  • 8/9/2019 Every Woman a Queen

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    M i d t e r m C a s e A n a l y s i s P r e s e n ta t i o n

    Every Woman aEvery Woman a QueenQueen

    By:

    ALAVANZA, Neal Vincent

    PALLUGNA, Rabbi

    BONGCAC, Riche Ann

    NAVARRO, Irene FePALLE, Connie Frances

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    Point of ViewPoint of View

    The Case Analyst of

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    Problem StatementProblem Statement

    Mary Kay is a success business from Dallas is nowentering to a new market. They are now venturing and

    entering the Philippine setting. At present, they are

    already catering Filipino people. The challenge here ishow Mary Kay will survive the Philippine setting which

    competitors are really a competitive one.

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    ObjectiveObjective

    To find out appealing strategies that will surely make anassurance for Mary Kay to get a share from the

    Philippine market.

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    Areas of ConsiderationAreas of Consideration

    y Mary Kay fashioned a business empire based on making

    people feel good about themselves.

    y Desire for recognition is a powerful motivator.

    y Mary Kay helped hundreds of thousands of women find outhow great they really are.

    y Mary Kay is one of the most successful business figures.

    y She has the ability to stay focused, no matter what comes

    her way.y She scheduled product parties three times a day, six or

    seven days a week.

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    Areas of ConsiderationAreas of Consideration

    y This business would be one that would treat womenrightnot ruin their self-esteem.

    y Mary Kay boasted of making more women rich than

    any other company in the world.y Mary Kay embodied a peculiar kind of post feminist yet

    extremely pro-womens-rights philosophy.

    y Her mantra for women was God first, then family, then

    careerbut she assured women they could have allthree.

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    Alternative Courses ofActionAlternative Courses ofAction

    1. Mary Kay should provide the market appealingpromotional activities. This might include using thetri-media to easily make a name in the new market.

    Sampling is also a good promotional activity. This willgive its Filipino customer a hint on the product qualitythat Mary Kay gives. Both promotions will be saideffective enough to attract customers if they will be

    provided to the market at the same time, this is if thebusiness has enough funding to provide the saidpromotional activities.

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    11stst Alternative Course ofActionAlternative Course ofAction

    Advantages

    y Easily measured response

    y Quick achievement of

    objectives

    y Flexible application

    y Can be extremely cheap

    y

    Direct support of salesforce

    Disadvantages

    y Price-discounting cancheapen brand image

    y Short-term advantagesonly

    y Can cause stress withretailers

    y Difficulty incommunicating brandmessage

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    22ndnd Alternative Course ofActionAlternative Course ofAction

    Advantages

    y It will help the communityand help the business to be

    known in returny Conducting business in an

    ethical way and in theinterests of the widercommunity

    y Responding positively toemerging social priorities andexpectations

    Disadvantages

    y It is very costly to thebusiness to have a corporate

    social responsibilityy It takes time and effort to

    perform the corporate socialresponsibility

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    Alternative Courses ofActionAlternative Courses ofAction

    3. Mary Kay can also do joining organizations specific toher industry or field and other business organization,such as Business Association and/or networking

    group is so popular a way to be known.

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    33rdrd Alternative Course ofActionAlternative Course ofAction

    Advantages

    y You well be known to thebusiness community

    y

    Sharing of risks with aventure partner

    y Access to greater resources,including specialized staff andtechnology

    y It allows to enter relatedbusinesses or new geographicmarkets

    Disadvantages

    y It takes time and effort to buildthe right relationship and

    collaborating with anotherbusiness.

    y Success in a joint venturedepends on thorough researchand analysis of the objectives.

    y

    There is an imbalance in levels ofexpertise, investment, or assetsbrought into the venture by thedifferent partners.

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    RecommendationRecommendation

    Alternative Course No. 1

    Providing promotional activities is the most effectivestrategy that will make an appeal to the market and will

    surely give Mary Kay a share from the market. Usingthe tri-media will make an information that thebusiness is existing or is available in the market andthrough sampling, it will give the customer how quality

    the product that the business is providing.

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    ContingencyContingency

    Unless otherwise alternative course of action 1 willnot be feasible, it might be recommended, alternativecourse of action 2, in which Mary Kay will conduct a

    corporate social responsibility. We all know thatperforming CSR is not easy, it takes time and effort andit is very expensive, but in return, it will help a lot forthe business to be known in the market especially in

    the community you are catering for your corporatesocial responsibility.