Ogra skincare.pptx final

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ÓGRA SKINCARE

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Transcript of Ogra skincare.pptx final

Page 1: Ogra skincare.pptx final

ÓGRA SKINCARE

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WHY WE CHOSE ÓGRA….

Good Reviews

Previously used their products

Intrigued by the background

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FOUNDERS

Bill Kenny Michael Hickey

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WHAT IS ÓGRA SKINCARE?

Ógra skincare is a unique and

luxurious skincare brand which is

based around its main ingredient

Peat.

Retail and Spa ranges.

It is based in Tullamore Co.Offaly

where the Kenny family oiriginate.

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OIRIGINS

As a young child Bill’s mother used Peat as a remedy.

Croghan bog body found.

Bill saw the opportunity in 2007 and began research with his son John.

Enlisted the help of Michael in 2009 and launched the first products.

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CHANGES IN ÓGRA

Took on Michael Hickey as a partner

Launched a range of products

Name change: Óg Ireland → Ógra Skincare

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CHANGES CONTD.

Change of Packaging

Spa products developed

Expanding internationally

Online presence

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SWOT ANALYSIS

Strengths Weaknesses• Website and web shop

development • Potential to gain loyal

online customers • Provides online

catalogue of information about products

• Support from Enterprise Ireland

• Financial support

• Difficulty in obtaining debt

• Currently only have equity finance with 6 shareholders

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SWOT ANALYSIS CONTD.

Opportunities Threats• New markets

• Global expansion outside of the European Union to Russia and potential to be recognised internationally

• High potential profitability with expansion

• Brand recognition

• Ógra is relatively unknown outside of Ireland and the UK

• New brand entering into new foreign markets will need strong marketing presence

• Threat of new entrants into the luxury skincare market

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FUTURE PLANS

Development of range to cater for specific skin conditions

Clinical trials

Grants and research and development

Co-operate with Enterprise Ireland

In the next 5 years China

Expansion into Russia

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Thank you for listening, We will now take any questions…