RESEARCH ON THE COMPETITIVENESS OF SHISEIDO SKIN CARE PRODUCTS IN CHINESE MARKET
Volume 1, Issue 1, Pp 28-40, 2023
DOI: 10.61784/wjikm231111
Author(s)
Mengli Zhu, Yanting Yao, Chenxin Lou, Li Shen, Hongyan Li*
Affiliation(s)
School of International Business, Zhejiang Yuexiu University, Shaoxing, 312000, Zhejiang Province, China.
Corresponding Author
Hongyan Li
ABSTRACT
This paper firstly introduces an overview of the development of the Shiseido Group in China, then analyses the external environment of Shiseido in China through the PEST model and uses the SWOT analysis to study the competitiveness of Shiseido's skin care products in the Chinese market. After that, followed by an in-depth understanding of the current problems of Shiseido China, and a detailed analysis and discussion of these problems, and propose feasible solutions to improve the market share of its products, give full play to its own advantages, and seek greater development in the Chinese market. Finally, Some suggestions are given for Chinese skin care enterprises to enter foreign markets through the strategy of Shiseido skin care in China.
KEYWORDS
Skin Care Product; Competitivenes; Shiseido; China
CITE THIS PAPER
Mengli Zhu, Yanting Yao, Chenxin Lou, Li Shen, Hongyan Li. Research on the competitiveness of shiseido skin care products in Chinese market. World Journal of Information and Knowledge Management. 2023, 1(1): 28-40. DOI: 10.61784/wjikm231111.
REFERENCES
[1] He Jiaxin. Research on the application strategy of differentiated marketing concept in corporate public relations —Take LVMH Group as an example. Business Theory of China, 2023, (05): 87-90.
[1] Li Chunlian, Shi Lu. Global beauty giants bullish on Chinese market Spillover effect of the Fair stimulates corporate innovation. Securities Daily, 2022-11-09(A02). DOI:10.28096/n.cnki.ncjrb.2022.004530.
[2] Hao Zhongxiu. Consumer demand-oriented marketing strategies for cosmetic brands: the case of Shiseido Corporation. Modern Enterprise, 2022(05):153-155.
[3] Shiseido. Shiseido Red Waist Essence uses 100% recycled glass for the first time. China Cosmetics, 2022(03):121.
[4] Zhang Meng. A comparative study of L'Oreal and Shiseido's marketing strategies in China. Heilongjiang University, 2021.
[5] Masahiko Ushigaya. Awakening the sleeping beauty - Shiseido's change, growth and globalization. Board of Directors. 2021(05).
[6] Liu Qiong. Shiseido's accelerated "Chinaization". China Chain. 2016(03).
[7] Masahiko Ushitani. Shiseido's journey of change: as long as this symptom is present the business will deteriorate. Yahiko Ushitani. China Businessman. 2022(08).
[8] Wang Jiuji. Analysis of Japanese Shiseido Group's marketing strategy in China. Jilin University, 2017.
[9] Gao Yuanyuan. Research on the expansion of Shiseido Group's target market in China. Jiangsu University, 2019.
[10] Qiang Yanan. Research on the operation mode of cross-border e-commerce enterprises in China's cosmetics industry. Guangxi University, 2017.
[11] Liu Luyao. Comparative analysis and revelation of Amore and Shiseido's marketing mix in China. Northeast University of Finance and Economics, 2017.
[12] An investigation into the reasons for the successful development of Shiseido Group in Japan. Wang Luyao. Modern economic information. 2018(24).
[13]China Cosmetics. 2019 China Cosmetics Industry Evolution and Investment Value Research Report. China Cosmetics. 2020(02).
[14] Zhao Tianhua. The decline of traditional CS channels, how long is Shiseido's bonus period left?. China Cosmetics. 2022.
[15] An exploration of marketing strategies for female students in domestic cosmetic companies. Wang Ruizhen, Hu Fuzhao. Technology and market. 2019(08).
[16]Chinese cosmetics market growth. Focus on Surfactants. 2011.
[17] Shushmul: Chinese Cosmetics Market Poised for Rapid Growth. Anonymous. M2 Presswire. 2010.
[18] Outbound Foreign Direct Investment (FDI) Motivation and Domestic Employment by Multinational Enterprises (MNEs). Eunsuk Hong, In Hyeock (Ian) Lee, Shige Makino. journal of international management. 2021.