Good
morning insiders!
Previously,
we identified Kiehl’s main competitors. But let’s analyze the competitive
rivalry around the brand through the Porter Model.
Indeed, in
analyzing the 5 forces described by Porter, we can the intensity of the
competition around Kiehl’s in France.
First, we
can say that, for the moment, there is not so much new entrants on the French
natural cosmetics market. However, Customers and suppliers are very important
stakeholders in this market. Indeed, the identity of natural cosmetics brand is
mostly based on qualified ingredients, so without suppliers, there is no more products.
Then, as it is a niche market, the customer has a strong power regarding the
future of the market. However, the state has no significant power on this
market in France. And as it is a niche market with very specific products,
subsitutes have no power.
So to conclude,
we can say that the competitive rivalry is relatively not very intense around
Kiehl’s. Natural Cosmetics industry is growing in France but each brand is
positioned quiet differently and bring its own specific added value.
Do you
think Kiehl’s is unique and irreplaceable? For you, what are the elements that differentiate
Kiehl’s from its competitors?
See you
insiders for another Khiel’s secret!
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