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ISSN Number:
2582-8568


Journal DOI No:
03.2021-11278686

Title:
Sustainability in The Personal Care Industry: An Analysis of Lakmé's Marketing Strategies

Authors:
Poonam Ramchandra Gupta , Dr. Saumitra Sushil Sawant

Cite this Article:
Poonam Ramchandra Gupta , Dr. Saumitra Sushil Sawant ,
Sustainability in The Personal Care Industry: An Analysis of Lakmé's Marketing Strategies,
International Research Journal of Humanities and Interdisciplinary Studies (www.irjhis.com), ISSN : 2582-8568, Volume: 5, Issue: 12, Year: December 2024, Page No : 01-10,
Available at : http://irjhis.com/paper/IRJHIS2412001.pdf

Abstract:

This research addressed the gap in understanding Lakmé's marketing strategies regarding sustainability in the rapidly evolving global beauty industry, where consumer demand for eco-friendly and cruelty-free products was increasing. The study aimed to analyze Lakmé's current marketing and digital strategies, perform a SWOT analysis, and evaluate innovations focused on sustainability to maintain its market leadership within the competition. Utilizing a qualitative research design, secondary data was gathered from company reports, academic articles, and industry analyses to provide comprehensive insights into Lakmé's strategic positioning. The findings revealed that while Lakmé had successfully maintained its market dominance through a diverse product range, competitive pricing, and effective promotion, challenges remained in its limited focus on premium and organic offerings. Lakmé's sustainability initiatives, including eco-friendly product lines and packaging optimization, aligned with global trends, yet there was a need for greater transparency and scalability in these efforts. The implications suggested that to enhance its market position and appeal to environmentally conscious consumers, Lakmé should have expanded its premium product lines, invested in digital innovations, strengthened its sustainability, improved transparency in reporting, and developed eco-friendly product lines to enhance its position in the market.



Keywords:

Keywords: - Lakmé, sustainability, marketing strategies, eco-friendly, beauty industry, SWOT analysis.



Publication Details:
Published Paper ID: IRJHIS2412001
Registration ID: 21680
Published In: Volume: 5, Issue: 12, Year: December 2024
Page No: 01-10
ISSN Number: 2582-8568

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ISSN Number

ISSN 2582-8568

Impact Factor

5.71 (2021)

DOI Member


03.2021-11278686