Almusbah
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Through its various entities Almusbah is primarily engaged in producing, distributing and marketing branded and mass market fragrance, cosmetics, hair care, air fresheners, skin care and toiletry products. The mass market products retail at significantly lower prices compared to high priced designer products. Almusbah sells locally and internationally to wholesalers, distributors, chains, stores and to mass merchandisers.Almusbah higher management comprises a professional team combining tradition and innovation as well as an extensive understanding of business trends. The company’s management is comprised of the following directors and executive managers: Mr. Ahmed Almusbahi Joint CEO and member of Board of Directors Mr. Abdullah Almusbahi Joint CEO and member of Board of Directors Mr. Taaj Alsudani Financial Director Mr. Hassan Ahmed Wholesale Director The financial results presented in this section reflect the wholesale division of Almusbah Group compared with the data of a leading company in Saudi Arabia named Mahmood Saeed (MS) Trading LLC. The table below presents data for the year 2001 in thousands of Saudi Riyals: Inventory Turnover (times) 0.97 2.34
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that will be used since the profit margins of these mass perfumes are relatively low, and since the life cycle (life period) is relatively short. After all the mass market perfume industry depends on introducing products fast, and customer loyalty is very low.
The Group’s mass market perfumes pricing strategy satisfies the needs of the consumers in niche markets. The products are specially targeted at consumers looking for economical products with high quality. However, the group’s products target a growing niche of younger consumers. The price of these products ranges from $2 to $12. The group strongly believes that to successfully market its products, it must fill its niche with value priced and high quality products that are presented in attractive packages and displays. The group suppliers have access to quality glass bottles and unique packaging shapes and styles. The group’s product line is packaged in colorful cartons that are designed with the latest technology to make it more attractive to consumers.
The group currently sells and distributes its products in Saudi Arabia, United Arab Emirates, Yemen, other GCC countries, and other Middle East countries through the various distribution companies affiliated with
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Some common words found in the essay are:
DISCUSSION RESULTS, Strategy Mass, IMPROVE EFFICIENCY, Europe Inside, Alrehab Entrants, Influences Economic, Overall Market, Saudi Arabia, Market Segment, SUMMARY Background, sales force, mass market, wholesale division, sales person, market segment, mahmood saeed, saudi arabia, mass market perfumes, purchasing sales, branded perfumes, branded fragrance, mass market segment, sales force input, age inventory days, inventory days 376,
Approximate Word count = 3084
Approximate Pages = 12 (250 words per page)
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