Subject category:
Marketing
Published by:
Harvard Business Publishing
Version: 1 June 2009
Length: 35 pages
Data source: Field research
Abstract
In February 1993, Curran Dandurand, Senior Vice President of Mary Kay Cosmetics Inc's global marketing group, was reflecting on the company's international operations. Mary Kay Cosmetics Inc products had been sold outside the United States for over 15 years, but by 1992, international sales represented only 11% of the $1 billion total. In contrast, one of Mary Kay Cosmetics' US competitors, Avon Products Inc, derived over 55% of its $3.6 billion sales (at wholesale prices) from international markets in 1992.
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Abstract
In February 1993, Curran Dandurand, Senior Vice President of Mary Kay Cosmetics Inc's global marketing group, was reflecting on the company's international operations. Mary Kay Cosmetics Inc products had been sold outside the United States for over 15 years, but by 1992, international sales represented only 11% of the $1 billion total. In contrast, one of Mary Kay Cosmetics' US competitors, Avon Products Inc, derived over 55% of its $3.6 billion sales (at wholesale prices) from international markets in 1992.