Olaplex Is Well Positioned for a New Audience, CEO Says

Olaplex Is Well Positioned for a New Audience, CEO Says

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses inflation and pricing strategies, highlighting the company's ability to manage supply chains and maintain premium pricing. It explores market positioning, international challenges, and plans for expansion into skin care. The distribution model emphasizes an omnichannel approach, enhancing brand awareness and consumer insights.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company manage to maintain its premium pricing without increasing costs for consumers?

By reducing product quality

By managing its supply chain effectively

By increasing advertising costs

By reducing employee salaries

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the company's sales occur outside the United States?

40%

60%

50%

30%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the company's approach to handling supply chain challenges internationally?

Constant communication with partners

Reducing international operations

Ignoring international markets

Increasing product prices

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of people familiar with Olaplex are interested in a skincare product from the company?

82%

70%

90%

60%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the company's omnichannel strategy benefit its sales channels?

By focusing only on retail

By reinforcing each channel

By ignoring direct-to-consumer sales

By creating channel conflict