This document provides a marketing plan summary for the skin care company Muvazi. Based on secondary and primary research, it identifies Muvazi's target market as women ages 35+ seeking anti-aging products. It analyzes Muvazi's competitors and pricing. A survey of 67 adults found that while many women have consistent routines, most are open to new products. The document provides 6 key recommendations for Muvazi, including third-party testing, creating a spa-grade line, hiring a social media manager, and revamping its website.
23. language and terminology that you may need to know to interpret the costs below. Please refer
to www.google.com/AdWords for further questions or detailed descriptions.
● YouTube advertising costs:
○ Average total costs range between $10$30
○ +/ $2,000 approx. for 10,000 views to start
○ $.10 for lowend ads
○ $.30 for highend ads
The following is a link to an article that also explains the and provides examples of how these
costs are broken down for YouTube/Google Adwords:
http://www.pennapowers.com/howmuchdoadsonyoutubecost/
To make YouTube ads and even possible TV commercials in the future, video production and
copywriting will be crucial elements to consider to create professional and appealing ads.
The following costs are the lows, averages, and highs that you will find in the video
production/media industry.
● Video production costs:
○ $850 (low)
○ $1200 (average)
○ $1500 (high)
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25. ○ $525 average/project
○ $1.50/word
● Campaign development or product launch:
○ $150 high/hour
○ $60 low/hour
○ $82 average/hour
○ $7,500 high/project
○ $1,500 low/project
○ $3,740 average/project.
Relationship Building
Building relationships with salons and retailers is another key element that we feel will help
Muvazi gain exposure because those places usually have loyal customers/clients that trust their
judgment. Muvazi will be more convenient for consumers to purchase in places like this. To
release Muvazi in a retail environment the salon/retailer will receive a percentage of each sale of
Muvazi.
Another major way to create relationships is, again, social media. People spend more time
online than watching regular TV. Building relationships with makeup gurus and bloggers
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38. Ashley Morrison, Olivia Bergmann, Katelynn Reed, Jessica Salaz
M U V A Z I
Background
Primary Research
New Products:
45% try products based on a friend recommendation, 23% based on social media
64% enjoy purchasing skin care products at salons, spas, and high end retailers
Importance of product quality was rated 9 on a 10 point scale
Advertisements:
41% prefers advertisements on social media, followed by 28% for TV/blogs
Social Media:
78% Facebook, 54% Instagram
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39. Background
Secondary Research
Market outlook:
-Close to 9.8 billion dollars of the skincare market (109% increase since 2007)
Competition:
-Dermalogica Age Smart
-NuSkin’s AgeLoc’s
Ingredients:
-Many key ingredients contain numerous chemicals and alcohols (i.e. glycerin, butylene clycol, sodium hydroxide,
benzyl benzoate, fragrance, etc)
-Most natural ingredient is water
Situation Analysis
Muvazi offers a complete line of skincare products that offers more concentrated amounts of active
ingredients providing a higher efficacy rate in a shorter amount of time for the customer.
Muvazi believes in adding ingredients to their products to achieve substantial results rather than
simply meeting standards to include the ingredient name on a packaging label.
Challenges
Obtaining new customers
Creating return/loyal customers
Creating brand recognition
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40. Core Problem/ Opportunity
Problem
Muvazi’s core problem is breaking into the oversaturated
skin care market in order to obtain new and loyal
customers to ensure sales.
Opportunity
Muvazi has the opportunity to set itself apart from other
popular anti-aging lines in being a natural, green product
with its specific Oat Beta Glucan System that is unique
and available at a reasonable and competitive price.
Goals & Objectives
Goal:
Be a relevant and successful competitor in the skincare market with substantial customer loyalty and
visibility by offering a unique product at a competitive price.
Objectives:
1) Create visibility to obtain new customers
2) Distribution in retail stores and spas
3) Promote brand recognition for loyalty
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41. Key Publics
Consumers
20s- Preventive
30s/40s- Importance of treating changing/aging skin
50s- Wrinkle/spot treatment, importance of a regimen
60s- Treatment of existing wrinkles/blemishes
Key Publics
Key Retailers Local Spas
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43. Messages
20s- Crisp, Clean, Muvazi
30s/40s- Fast, Functional, Muvazi
50s- Renew, Repair, Muvazi
60s- Classic, Caring, Muvazi
Muvazi “Renew the skin you’re in”
vs
Olay “Love the skin you're in”
Strategies
❖ Create an individual and specific campaign for each target audience
❖ Create relationships
❖ Create brand awareness
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44. Tactics
❖ Create and execute a media campaign
❖ Hire a social media intern and a skin care consultant
❖ Establish relationships with desired companies
❖ Offer online and YouTube bloggers sample or complimentary products to
review/recommend
❖ Register and attend various events
Social Media Example
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45. Example
“Fast. Functional. Muvazi.”
Budget
Ad costs: $1000-3000
Video production: $1200
Copyright: $600/project
Air time/play: $125,000
Interview Focus Groups: $1740
Merchandise giveaways/contests: $7000
Student: minimum wage
Intern: $1000-2000/semester
Employee: $20/hour
Samples for bloggers: $49.99/each
Event registration: $500-$1500 quarterly
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