The Enlightenment of Florasis (Huaxizi) Market Behavior

Authors

  • Jinfei Liu
  • Yifan Liu
  • Lizheng Zhao

DOI:

https://doi.org/10.54691/bcpbm.v20i.1102

Keywords:

Huaxizi; Marketing; Analysis.

Abstract

Florasis (Huaxizi), a Chinese cosmetic brand born in 2017, has experienced 2-3 years of development. In 2020, its sales have exceeded 3 billion yuan, becoming a well-known cosmetic brand in China. Behind the phenomenal explosion of the Florasis brand is the close cooperation of its various production links, which reflects the ability to control the links of the industry chain from brand positioning, brand design, product design, product development and marketing methods. Based on the current situation of China's cosmetics market, this paper takes the emerging brand Florasis as an example, and analyses the reasons for its success and the challenges it faces through Florasis’ marketing strategy. Overall, these results shed light on offering marketing suggestions for similar corporations.

Downloads

Download data is not yet available.

References

iiMedia Research. China Cosmetics User Survey and Development Pre-judgment Research Report, 2021.

P. Kotler, S. Burton, K. Deans, L. Brown, G. Armstrong, Marketing. Pearson Higher Education AU, 2015.

N. A. Morgan, K.A. Whitler, H. Feng, et al. Research in marketing strategy. J. of the Acad. Mark. Sci. vol. 47, pp. 4–29, 2019. DOI: https://doi.org/10.1007/s11747-018-0598-1

D. Chaffey, F.E. Chadwick. Digital marketing: strategy, 2012. DOI: https://d1wqtxts1xzle7.cloudfront.net/

M. Singh. Marketing mix of 4P’s for competitive advantage. IOSR Journal of Business and Management, vol. 3(6), 2012, pp. 40-45.

T. Thabit, M. Raewf. The evaluation of marketing mix elements: A case study. International Journal of Social Sciences & Educational Studies, vol. 4(4), 2018.

T. Sreenivas, B. Srinivasarao, U. S. Rao, A. India. An analysis on marketing mix in hospitals. International Journal of Advanced Research in Management and Social Sciences, vol. 2(4), 2013, pp. 187-207.

M.C. Cant, J,A. Wiid, S.M. Kallier. Product Strategy: Factors That Influence Product Strategy Decisions Of SMEs In South Africa. Journal of Applied Business Research (JABR), vol. 31(2), 2015, pp. 621–630. DOI: https://doi.org/10.19030/jabr.v31i2.9158

T.Y. Lu, S.L. Wang, M.F. Wu, F.T. Cheng. Competitive price strategy with activity-based costing–case study of bicycle part company. Procedia Cirp, vol. 63, 2017, pp. 14-20.

L. Simkin, S. Dibb, S. Marketing essentials. Cengage Learning EMEA, 2013

M.B. Alexandrescu, M. Milandru. Promotion as a form of Communication of the Marketing Strategy. Land Forces Academy Review, vol. 23(4), 2018, pp. 268-274.

Y. Zhao, P. Thanabordeekij. Online marketing strategy for Thai Cosmetic in China. Panyapiwat Journal, vol. 8(1), 2016, pp. 14-23. DOI: https://so05.tci-thaijo.org/index.php/pimjournal/article/view/55710

S.H. Hwang, D.Y. Ku, J.K. Kim, J. K. Application of social big data analysis for cosmedical cosmetics marketing: H company case study. Journal of Digital Convergence, vol. 17(7), 2019, pp. 35-41.

Z. Shi. Research on College Students' Cosmetics Consumer Market and Marketing Strategy. Revista Argentina de Clínica Psicológica, vol. 29(4), 2020 613.

J.M. Lee, J.S. Hwang. The effect of experiential marketing on the brand equity of low-priced cosmetics brands. Journal of the Korean Society of Costume, vol. 60(8), 2010, pp. 100-117.

H. Cheng, H. X. Wang. Internet platform monopoly and low-quality trap. The southern economy, vol. 11, 2021, pp. 44-59. DOI: 10.19592/j.cnki.scje.390778.

J.H. Tao, X. Kang. Differences between cosmetics online shopping and physical shop purchase from the perspective of consumers, 2009.

J.M. Baker, M. Saren, M. Marketing theory: a student text. Sage, 2016.

G. Martin. The importance of marketing segmentation. American Journal of Business Education (AJBE), vol. 4(6), 2021, pp. 15-18.

W.H. Feng. From breaking circle to building circle: Brand marketing strategy under the consumption characteristics of Generation Z-Taking Huaxizi as an example. New media research, vol. 7(24), 2021, pp. 34-36. DOI: 10.16604/j.carolcarroll/cnki. issn2096-0360.2021.24.008.

E. Kostelijk, K.J. Alsem. Brand positioning: Connecting marketing strategy and communications. Routledge, 2020.

R.H. Tsiotsou, R.E. Goldsmith, R. E. Target marketing and its application to tourism. Strategic marketing in tourism services, vol.1, 2012.

Downloads

Published

2022-06-28

How to Cite

Liu, J., Liu, Y., & Zhao, L. (2022). The Enlightenment of Florasis (Huaxizi) Market Behavior. BCP Business & Management, 20, 1071-1075. https://doi.org/10.54691/bcpbm.v20i.1102