Monday, 28 March 2011

Week Two - Business Plan Proposal, Mulberry Make - Up

This is this first draft of my Business Plan Proposal and a rough outline of what I want to do. Mulberry is the brand I want to create a Business Plan for by introducing a new range of make up products, however I need to continue research to make sure the proposal is of a high standard so I can begin my project. 

Business Plan Proposal



Brand name: Mulberry

Concept of Business:

  • Mulberry are to create a new product range of make - up.

Main competition:

  • Chanel
  • YSL
  • MAC
  • Bobbie Brown
  • Estee Lauder

What is your USP?

  • Natural make – up (Mulberry tree, nature, bags are made from soft leathers and fabrics)

 Target market:

  • A,B,C1
  • Professionals, Students
  • People who like to treat themselves and who look after their appearance
  • People who like to have good quality, luxury items and are willing to pay a bit extra

Customer Profile:

  • ABC1 ACORN category
  • Professional
  • 21-35
  • Likes to socialise with friends at restaurants and bars
  • Hobbies include gym, keeping up to date with fashion and trends, reads fashion magazines
  • Takes care of appearance and regularly indulges in beauty products

 Brief outline of products/brands:

  • Make up in various colour spectrums to suit all skin types.
  • Lipsticks, foundations, eye shadows, blusher, bronzer, lip gloss, mascara etc all essential make up products.

Visual inspiration ideas for the business: