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SWOT ANALYSIS

Strengths

 Employees
- Colourette's continuing progress is without, if not with, the creativity of the
idea of team vision..CEO Nina Ellaine Dizon finds passion to be the key to the
company's excellently success.
 Color selection
 Multiple use makeup
 Product quality

 Prices are affordable to their market

colourette products are very affordable especially for students and teens who
use make-ups casually. The brand can be afforded by a wide range of
audience.

Weaknesses
 Packaging

Opportunities
 Shift in customer behavior
The number of women who use makeup on a daily basis has increased
among the millennial generation and are becoming more open to
makeup in all manner of environments. Most women today are well
aware of beauty trends, and this has led them to prefer the use of
cosmetics that is huge.

 The company receives free advertisements and promotions of their


product through various videos made in TikTok by the CEO and its
customers.

Threats
 Competition
The Company faces a lot of competition from brands such as Ever
Bilena, Sunnies, and Happy Skin, Maybelline, Careline etc who are in a
never-ending race to emerge as brand leaders.

 Global Crisis
The global crisis has affected fashion business, and many consumers
have lost their jobs and are also careful about purchasing non-essential
products. People may find that their products are not of their basic
needs and would skip buying

COMPANY BACKGROUND

Colourette is a Filipino-owned cosmetics company that takes pride in valuing


their advocacies of diversity and empowering Filipinos through their
products.Colourette was founded by Nina Ellaine Dizon in 2015 when she
was still in college, she took three courses in college which she failed to finish,
she dropped out because she really wanted to focus on her business and was
really determined to put up her own makeup brand. Nina was inspired with
determination to come up with a makeup line made for Filipinos, lifestyle, and
even budget into account.Their official slogan “Be it.” and mantra “Self-
Acceptance, Self-Love, Self-Empowerment.” led a community of “Boss
Babes”that involves advocating for women empowerment, acceptance,
diversity, and breaking the stereotypes when it comes to beauty standards.
Their campaign
encourages women (including the LGBT Community) to express themselves
confidently by using their products without altering or changing the
consumer's look, dramatically. The company has expanded a lot since it was
launched six years ago thanks to the warm welcome of Filipino customers.
Since opening in 2015, Colourette now has over 1.3 million followers on
Facebook and another 386,000 on Instagram. Colourette Cosmetics
specializes in multi-functional makeup that can be used on the face in
different areas, such as the eyes, cheeks and lips. With an affordable price,
they create great quality products, focusing on the Filipino Modern Day.
Colourette Cosmetics has various types of color shades, especially the
shades that best suit Morena's skin color. As a result, many social media
influencers and celebrities have been engaged with this brand and the brand
has been growing continuously.

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