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Market Research


 Research Proposal
        Chanel


                  Gwendoline Mommeja
                  Instructor: Jeannette Guignard
                  Fall 2011
Content
●   I – Introduction
●   II – Research question
●   III – Purpose of the study
●   IV – Research methods
●   V – Data Collection Plan
●   VI- Data Analysis
●   VII – Conclusion
Introduction: Chanel
                                                K
●   French Luxurious brand
●   Found in 1909
●   By French couturier Gabrielle Coco
●   Headquarters is located in Paris,
    France
●   Offerings:     Design clothes, Cosmetics,
    Fragrances, Accessories, Jewelery
Research statement

      Brand Re – Position :


 How can Chanel capture a younger
          target market?
Purpose of the Study
    Opportunities:
●   Attractive demographic         2 million of women between
                                              25 – 35
●   Growing purchasing power          (census 2010 in USA)

●   Increase sales & profits
●   More competitive
●   Shape future customers preferences
●   Build up a brand loyalty in an early age stage
Research Methods
                               Secondary Data
    Internal                                         External
●   Products / Sales reports
                                       ●   American census 2010

●   Customers infos                    ●   Hoover
●   Interview with the personnel       ●   Business Source Complete

        ● Define the purchase's type   ●   Importance of the market
        ● Frequency / amount of


        cosmetics purchase
        ● Understand expectations /


        behaviors
                                                       -
                          +                   French company
                      Low cost                 Old information
                        Fast
Research Methods
                               Primary Data
                                   Qualitative
   ●   Depth Interview                             ●   Focus Group

    12 Participants                               5/6 Participants


   Macy's / Perfumery                              Women : 25 – 35
   Women : 25 – 35                                 High education
   High education                                  Good income
   Good income                                     Using cosmetics
                                                   Interested in Fashion
   +                 -          20 % off on all     +                -
Details       Expensive         Chanel Purchase   Details       Validity
                                                  Topics        Accuracy
Topics        Time consuming
                                                  Spontaneity   Time consuming
Comfortable   Interpretation
                                                  Stimulation   Interpretation
Honest        Compare
                                                  New ideas
Research Methods
                                       Primary Data
                                               Quantitative
        Personal Survey                                       Email Survey

    ●   Face to face interview                      ●   Written questions sent by regular
    ●   Cosmetics department store /                email
    perfumery                                       ●   100 or more women 25 – 35 years
    ●   100 women between 25 – 35 years             old
    old                                             ●   High educated / Income
    ●   High educated / income                      ●   Database / Customers
    ●   Interested in fashion / cosmetics                 +                          -
    +                             -                 ● Young market using     ● Low responses
                                                    Internet                 ● Junk mails
● Direct contact          ●   Bias                  ● Cost effective         ● Missed /
● Increase the response   ●   Influenced            ● Better quality         misunderstood
rate                      ●   Time consuming        ● Comfortable / honest
● Build a relationship    ●   Expensive
Research Methods
                                             Survey 2011


                                          Help us to collect
                                             information:

                                   ●   Attitudes

                                   ● Intention of purchasing
                                   new fragrances

                                   ●   Behaviors

                                   ● Motivation to the trends /
                                   brands

    Participants will receive a gift
    including samples of Chanel best
    products
Data Collection Plan

                                            Well educated
  Generation Y


                                             High income

Average of 100
women 25 - 35

                                Non probability sampling method



  Using cosmetics   Cosmetics department
                    store / Perfumery
Data Analysis
Edit:    Computer programs
Code:    Code book personal to Chanel
Entering ● Simple tabulation (criterion variable ex: amount spent in
data:    perfume per year)
         ● Cross tabulation (predictor variable ex: age & income)

         ● Correlation analysis (measure the degree of closeness


         between 2 variables)
         ● Cluster analysis (identify our target market)
Conclusion

● Conduct regularly market research to understand
our new market and be competitive

● Future research: capture a new market / middle
market & teenagers on the upper class

Create a strong brand loyalty with its customers by
influencing them in an early stage and during their
               different life cycles.
Thank you for your
   attention

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Presentation final for market research

  • 1. Market Research Research Proposal Chanel Gwendoline Mommeja Instructor: Jeannette Guignard Fall 2011
  • 2. Content ● I – Introduction ● II – Research question ● III – Purpose of the study ● IV – Research methods ● V – Data Collection Plan ● VI- Data Analysis ● VII – Conclusion
  • 3. Introduction: Chanel K ● French Luxurious brand ● Found in 1909 ● By French couturier Gabrielle Coco ● Headquarters is located in Paris, France ● Offerings: Design clothes, Cosmetics, Fragrances, Accessories, Jewelery
  • 4. Research statement Brand Re – Position : How can Chanel capture a younger target market?
  • 5. Purpose of the Study Opportunities: ● Attractive demographic 2 million of women between 25 – 35 ● Growing purchasing power (census 2010 in USA) ● Increase sales & profits ● More competitive ● Shape future customers preferences ● Build up a brand loyalty in an early age stage
  • 6. Research Methods Secondary Data Internal External ● Products / Sales reports ● American census 2010 ● Customers infos ● Hoover ● Interview with the personnel ● Business Source Complete ● Define the purchase's type ● Importance of the market ● Frequency / amount of cosmetics purchase ● Understand expectations / behaviors - + French company Low cost Old information Fast
  • 7. Research Methods Primary Data Qualitative ● Depth Interview ● Focus Group 12 Participants 5/6 Participants Macy's / Perfumery Women : 25 – 35 Women : 25 – 35 High education High education Good income Good income Using cosmetics Interested in Fashion + - 20 % off on all + - Details Expensive Chanel Purchase Details Validity Topics Accuracy Topics Time consuming Spontaneity Time consuming Comfortable Interpretation Stimulation Interpretation Honest Compare New ideas
  • 8. Research Methods Primary Data Quantitative Personal Survey Email Survey ● Face to face interview ● Written questions sent by regular ● Cosmetics department store / email perfumery ● 100 or more women 25 – 35 years ● 100 women between 25 – 35 years old old ● High educated / Income ● High educated / income ● Database / Customers ● Interested in fashion / cosmetics + - + - ● Young market using ● Low responses Internet ● Junk mails ● Direct contact ● Bias ● Cost effective ● Missed / ● Increase the response ● Influenced ● Better quality misunderstood rate ● Time consuming ● Comfortable / honest ● Build a relationship ● Expensive
  • 9. Research Methods Survey 2011 Help us to collect information: ● Attitudes ● Intention of purchasing new fragrances ● Behaviors ● Motivation to the trends / brands Participants will receive a gift including samples of Chanel best products
  • 10. Data Collection Plan Well educated Generation Y High income Average of 100 women 25 - 35 Non probability sampling method Using cosmetics Cosmetics department store / Perfumery
  • 11. Data Analysis Edit: Computer programs Code: Code book personal to Chanel Entering ● Simple tabulation (criterion variable ex: amount spent in data: perfume per year) ● Cross tabulation (predictor variable ex: age & income) ● Correlation analysis (measure the degree of closeness between 2 variables) ● Cluster analysis (identify our target market)
  • 12. Conclusion ● Conduct regularly market research to understand our new market and be competitive ● Future research: capture a new market / middle market & teenagers on the upper class Create a strong brand loyalty with its customers by influencing them in an early stage and during their different life cycles.
  • 13. Thank you for your attention