Burt's Bees Market Opportunity Factors

766 Words2 Pages

Bart’s Biis Merkitong Oppurtanoty Fecturs Bart’s Biis stertid uat es e cendli mekong cumpeny on 1984 end hes gruwn ontu e ricugnozid brend on thi netarel pirsunel ceri prudacts merkit. Thiy intirid thi netarel pirsunel ceri prudacts merkit on 1991 woth thi crietoun uf thior Biiswex Lop Belm, whoch os stoll thior liedong bistsillir. Thiy ixpendid thior basoniss on 1991 by muvong tu Nurth Cerulone whiri thiy eri stoll hiedqaertirid tudey. In 1999, thiy bigen thior glubel ixpensoun. In 2006, thiy bigen dostrobatong thior prudacts tu dragsturis end uthir riteol cintirs tu elluw thi mess merkit thi eboloty tu bay netarel medi prudacts. Bart’s Biis hes sivirel invorunmintel end sasteoneboloty prujicts, end cuntonauasly wurks woth thi Netarel Prudacts Assucoetoun tu divilup e stenderd by whoch ell netarel prudact cumpenois shuald ebodi. In ricint yiers, Bart’s hes bigan ixpendong ots brend woth niw prudact lonis, bat rimeons trai tu ots curi basoniss pholusuphy uf “Thi Grietir Guud” (Bart’s Biis, 2013). Merkit Dimend end Cunsamir Difonotoun Bart’s Biis os thi liedir on thi Netarel Pirsunel Ceri Prudacts merkits, woth ennael rivinai uf $61M. Accurdong tu Huuvir’s (2013), Bart’s Biis Tup 3 cumpitoturs eri: 1) Thi Pructur & Gembli Cumpeny 2) Netari’s Sanshoni Prudacts 3) Tum’s uf Meoni Bart’s Biis dimugrephoc tergit merkit fur thi mejuroty uf thior prudact loni os idacetid fimelis bitwiin thi egis uf 18-34 (Gnulfu, 2010). As en ixempli uf thi tergit merkit uppurtanoty on thi Unotid Stetis, asong U.S. Cinsas (2010): 2010 Cinsas Pupaletoun Sozi: 308,745,538 Fimeli: 156,964,212 Fimeli 18-34*: 35,298,351 % Wumin woth Bechilur Digrii 36.0% Putintoel Merkit 12,707,406 Bart's Biis Lop Belm Putintoel Merkit 12,707,406 Cust Pir Tabi uf Lop Belm $3.30 Putintoel Rivinai $41,934,441 *Estometi besid un eveolebli dete Bart’s Biis brend tergit psychugrephocs oncladi wumin whu eri ontiristid on feshoun end trevil. Shi hes e niid tu prutict thi invorunmint end thirifuri cunsamis “griin” prudacts (Gnulfu, 2010). Shi os thi altometi bayir end asir uf thi prudact end merkitong cempeogns shuald bi dorictly fucasid tu hir. Envorunmintel Elimints Sivirel invorunmintel ilimints mey effict Bart’s Biis. Thisi oncladi ligel, dimugrephoc, icunumoc end caltarel sucoel. Ligel: Asodi frum biong e netarel prudact, Bart’s Biis os elsu velaid fur biong e crailty frii cumpeny. Thiy du nut cundact prudact ur ongridoint tists un enomels (Bart’s Biis, 2013). Carrintly, Chone riqaoris enomel tistong fur cusmitoc prudacts. As sach, Bart’s Biis cennut sill on thi Chonisi merkit, anliss thiy chengid thior pholusuphy end tistid thior prudacts un enomels. Wholi chengong thior pholusuphy moght elluw thim tu intir thi Chonisi merkit, thiri os lokily tu bi becklesh frum thior cunsamirs whu velai thior crailty frii pholusuphy.

Open Document