Cacharel Perfumes
Essay by sirishakvn • November 24, 2015 • Term Paper • 331 Words (2 Pages) • 970 Views
Page 1 of 2
Parfums Cacharel
Company History
Founded as a clothing brand in 1962
In 1975 L’Oreal group acquired the fragrance brand of Cacharel as got separated as Parfums Cacherel
Initial Plan: To design, package and sell products which could sit along side luxury brands but which were accessibly priced and distributed through traditional channels
Anais Anais
Anais Anais : First perfume launched in 1978- fresh floral frangrance- tender and sexy
Focus on packaging – Opaque bottle with an original and eye catching design
Distinctive Advertising: First companies to use television to launch perfume brand
Pricing and distribution: 30% below the classic brands, Initially distributed through to mid range outlets and moved to department stores and specialist stores
Became the leading perfume in Europe
Loulou
Launched in 1987
Combined tenderness with seduction
Jazzy and energetic but still retained certain sophisticated charm
Packaging focused on mixed innocence and sensuality
Pricing: Priced higher than Anais Anais but 20-25 % lower than the luxury brands
Focus on advertising
By the end of 1980s became the market leader
Eden and CK one Challenge
In 1994 CK One was the first Clavin Klein product
Featured uninhibited models oblivious to the world and engaged in many activities from huddling to gyrating
Global sales grew by 1000% in 1994-1998 period
Eden: Launched in 1998, launched as “forbidden fragrance” – Connotations of eroticism
Pricing: Highers prices compared to previous products
Advertising : Focus on couples involved in mating rituals
Decline : 1994-97
Slow decline in sales
Company responded to this through the promotional route
Gift products to generate interest like bath towels and other support items
These activities pushed the costs too high and to cover this media spending was reduced
Brand Identity started to loose
Case Problem
Brand identity of Cacheral is not established and marketing mix has not been effectively carried out to communicate the same
Other issues:
Fundamental problem : Branding Mistake
Other Problems: Timing of the product launch, lack of funds for promotion, focus on the competition rather than the customer
Recommendation
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