CB4 IRA Cocoon
CB4 IRA Cocoon
CB4 IRA Cocoon
REFLECTIVE
ASSIGNMENT
“COCOON - VEGAN COSMETICS - FOR PURE VIETNAMESE BEAUTY”
TABLE OF
CONTENTS
01 Nature of the company
02 External Values
03 Internal Values
04 Recommendations
NATURE Established in 2013, Cocoon is proud to be a 100% vegan
cosmetics brand made in Vietnam.
OF COMPANY COMMITMENTS:
100% of ingredients have clear origins and are safe for the skin.
100% vegan.
100% never tested on animals.
MISSION: VISION:
To bring Vietnamese people healthy, To cultivate a deep appreciation for the
youthful and vibrant hair and skin so unique natural resources of Vietnam
they can always shine brightly in their and encourage eco-friendly beauty
own way. habits.
PSYCHOGRAPHIC: BEHAVIORAL:
Values: Eco-conscious consumers who appreciate Purchase behavior: Actively research and purchase
natural ingredients, sustainability, and ethical products both offline and online.
practices. Brand loyalty: Responsive to promotions and new
Lifestyles: Busy individuals seeking convenient and product launches.
effective skincare solutions. Usage occasions: Everyday skincare routine.
Interests: People interested in natural beauty and a Benefits sought: Effectiveness, natural ingredients,
healthy lifestyle. affordability, ethical production.
EXTERNAL
VALUES
CULTURAL VALUES: ENVIRONMENT-ORIENTED
CLEANLINESS NATURE
June 2, 2021: December 27, 2023:
With the desire to inspire consumers Cocoon accompanied the Asian
to protect and preserve the natural Animal Foundation (AAF) in the
environment from the threat of signing ceremony "JOIN HANDS
plastic waste, especially waste from TO HELP STRAY CAT AND
old cosmetic bottles, Cocoon DOGS".
launched the program - "Online
Green Point".
Customers may decide to take advantage of a limited-time discount or sale on products because they perceive it as a unique
opportunity to save money, even if they didn't plan on purchasing it initially.
EVALUATE COCOON MARKETING SUCCESS IN ADAPTING THEIR MARKETING
STRATEGY TO REFLECT CULTURAL VALUES IN VIETNAM
“Join hands to help stray dogs and cats” campaign made the name
Cocoon mentioned a lot and became a trend in newspapers, marketing
pages and cosmetics communities.
It affirms Cocoon's direction of "turning commitment into action" Combining campaigns with understanding the psychology of buying
in creating cultural values of green living and environmental quality goods at reasonable prices of Vietnamese consumers, a series of
protection in consumer behavior. promotional activities are implemented during holidays such as March
The campaign ended with countless positive results for Cocoon as 8, Valentine's Day, Black Friday, October 20, etc.
the company was able to increase awareness of its brand and vegan ‘Squash makeup remover’ and ‘DakLak Cocoon Coffee Scrub’ were
products. popular products with the highest number of orders.
With this campaign, Cocoon launches limited editions of Dak Lak Other products also have a significantly high number of orders.
coffee scrubs. Even if it's just a small change in packaging, this is a These actions not only contribute to society and the environment but also
way to spread a visual message. What makes the campaign even more foster brand loyalty and consumer trust. Developing strategies that have a
successful is that Cocoon helps consumers become a contributing part positive impact on society enhances the value of a business as more than just
of the campaign, turning small efforts into big waves. a brand or a simple shopping destination.
By understanding and focusing on its advantages, Cocoon has
developed an effective Marketing strategy.
GROUP INFLUENCE
INFORMATIONAL INFLUENCES IDENTIFICATIONAL INFLUENCES
Cocoon has collaborated with beauty celebrities including Rapper Suboi has been a major contributor who has
Trinh Pham, Vo Ha Linh, Blogger Giang Oi, Makeup Artist collaborated with Cocoon on multiple occasions.
Quach Anh to provide consumers with information on Cocoon believes that one's 'INNER QUALITY' is what
products, skincare tips, and basic cosmetic advice. actually makes them special and irreplaceable, just like
Through collaborating with these influencers, Cocoon has Suboi expresses her strong personality that aligns with the
expanded its reach, drawn in customers, and gained their brand's personality.
trust. --> Empowering customers to believe that using Cocoon's
products will enable them to become stronger, confident in
exploring their own potential and becoming the BEST
VERSION of themselves.
INTERNAL
VALUES
MOTIVATION: MCGUIRE’S PSYCHOLOGICAL MOTIVES
COGNITIVE PRESERVATION MOTIVES AFFECTIVE PRESERVATION MOTIVES
Need for categorization: Need for Expression:
In addition to categorizing its products into the 4 main groups The marketing campaigns of Cocoon go
mentioned above, Cocoon categorizes its products by skin type beyond product features, often evoking
(oily, dry, sensitive, dull) and hair concerns (dryness, hair loss). positive emotions like confidence, self-
--> This allows consumers to easily identify products that suit love, and empowerment. They showcase
individuals (rapper Suboi) embracing their
their specific needs, reducing the cognitive effort required to
individuality and expressing themselves
compare and choose.
authentically, aligning with the human
desire for self-expression.
OF COCOON
Cocoon's commitment to sustainable practices.
Include a clear call to action at the end of the TVC, encouraging
viewers to visit Cocoon's website or stores to learn more and try
the products.
Hoa, H. (2022, February 8). Cùng Cocoon sống xanh mỗi ngày: Điểm Xanh Online.
Cocoonvietnam.com. https://cocoonvietnam.com/bai-viet/cung-cocoon-song-xanh-moi-ngay-diem-xanh-online
Hoa, H. (2022, February 8). Cocoon x Suboi: “Queen” Chất - “luôn có một nữ hoàng hiện diện trong bản thân bạn.”
Cocoonvietnam.com. https://cocoonvietnam.com/bai-viet/cocoon-x-suboi-queen-chat-luon-co-mot-nu-hoang-hien-dien-trong-ban-than-ban
Hoa, H. (2022, February 8). Cocoon x AAF: Chung tay bảo vệ loài gấu cùng Tổ chức Động vật Châu Á. Cocoonvietnam.com.
https://cocoonvietnam.com/bai-viet/cocoon-x-aaf-chung-tay-bao-ve-loai-gau-cung-to-chuc-dong-vat-chau-a
Hoa, H. (2023, September 14). Cocoon x Suboi: Love Your Nature - Cứ tự nhiên đi.
Cocoonvietnam.com. https://cocoonvietnam.com/bai-viet/cocoon-x-suboi-love-your-nature-cu-tu-nhien-di
Hoa, H. (2023, December 29). Cocoon x AAF: Chung tay cứu trợ chó mèo lang thang cùng Tổ chức Động vật Châu Á.
Cocoonvietnam.com. https://cocoonvietnam.com/bai-viet/cocoon-x-aaf-chung-tay-cuu-tro-cho-meo-lang-thang-cung-to-chuc-dong-vat-chau-a
Kawamura, K. Y. (2012, January 1). Body Image among Asian Americans (T. Cash, Ed.). ScienceDirect; Academic Press.
https://www.sciencedirect.com/science/article/abs/pii/B9780123849250000390
Nhi, T. (2022, March 31). Chiến lược Marketing của Cocoon. Www.brandsvietnam.com.
https://www.brandsvietnam.com/congdong/topic/324078-Chien-luoc-Marketing-cua-Cocoon
Tseng, J., & Tzou, H. (2022). How AI and AR can help beauty industry. FEATURED ARTICLE.
https://ctsoc.ieee.org/images/CTSOC-NCT-2022-01-FA.pdf
REFERENCES
Vũ, Q. (2024, February 28). Cocoon x AAF: Ai cũng có thể chung tay cứu trợ chó mèo lang thang. Kenh14.Vn.
https://kenh14.vn/cocoon-x-aaf-ai-cung-co-the-chung-tay-cuu-tro-cho-meo-lang-thang-20240228101053969.chn
Vũ, Q. (2022, January 15). Hành trình truyền cảm hứng sống xanh của mỹ phẩm Việt thuần chay Cocoon. Kenh14.Vn.
https://kenh14.vn/hanh-trinh-truyen-cam-hung-song-xanh-cua-my-pham-viet-thuan-chay-cocoon-20220115002941084.chn
Vy, C. (2023, October 12). Cocoon và hành trình đưa mỹ phẩm Việt ra thế giới. Vietcetera.
https://vietcetera.com/vn/cocoon-va-hanh-trinh-dua-my-pham-viet-ra-the-gioi
VCCorp.vn. (2023, December 12). Nam giới ngày càng “điệu đà” không kém nữ giới, thị trường mỹ phẩm Việt Nam “nở” quy mô 2,36 tỷ USD, thương hiệu nội
M.O.I, Cocoon… tăng doanh thu hàng chục lần. Cafef. https://cafef.vn/nam-gioi-ngay-cang-dieu-da-khong-kem-nu-gioi-thi-truong-my-pham-viet-
nam-no-quy-mo-236-ty-usd-thuong-hieu-noi-moi-cocoon-tang-doanh-thu-hang-chuc-lan-
188231212090151696.chn#:~:text=Cocoon%20%C4%91%C6%B0%E1%BB%A3c%20r%E1%BA%A5t%20nhi%E1%BB%81u%20ng%C6%B0%E1%BB%9Di