Project Title: Luxury Beauty Omnichannel: Maximizing Cross-Platform Growth for Sayn Beauty

Sayn Beauty

Details
Project Title Luxury Beauty Omnichannel: Maximizing Cross-Platform Growth for Sayn Beauty
Project Topics Entrepreneurship Growth Strategy Market Research Marketing PR & Communications Reporting, Financial Planning & Analysis Research, Analysis, Evaluation Sales & Business Development Strategic Planning
Skills & Expertise
Project Synopsis: Challenge/Opportunity
Sayn Beauty is a multi-faceted luxury beauty and wellness company operating across three key channels: a thriving distribution business, an established e-commerce platform (Sayn.com), and now its first brick-and-mortar retail location—a pivotal expansion that will transform how the brand connects with customers and amplifies its market presence.  With a curated portfolio of luxury brands like Dr. Barbara Sturm, Agustinus Bader, and Agent Nateur- Sayn Beauty is strategically positioned to create a premium in-store experience that works in powerful synergy with its established e-commerce platform.


This project offers Fordham University graduate students the opportunity to develop an integrated omnichannel marketing strategy for Sayn Beauty's retail expansion. The team will focus on creating seamless customer journeys between physical and digital touchpoints, designing in-store experiences that drive online engagement, and developing cross-channel promotional strategies that leverage each platform's unique strengths.


The core challenge lies in maximizing the symbiotic relationship between the brick-and-mortar location and Sayn.com—using the physical store to enhance digital discovery and loyalty while leveraging online data and community to drive foot traffic and in-store conversions. Students will craft strategies for customer segmentation across channels, competitive positioning in both retail environments, and scalable campaigns that create a unified retailer experience spanning the physical and digital luxury beauty landscape.


Project Synopsis: Activities/Actions Required
  • Conduct a comprehensive omnichannel competitive analysis to assess how luxury beauty brands and retailers integrate their physical and digital retail strategies.
  • Develop detailed customer journey maps that identify touchpoints between the retail store and e-commerce platform.
  • Design in-store experiences and activations that drive online engagement, social sharing, and digital community building.
  • Create cross-channel promotional strategies that leverage each platform's strengths (e.g., exclusive in-store events driving online sign-ups, digital campaigns promoting store visits).
  • Establish unified customer data collection and CRM integration to track behavior across both retail channels.
  • Develop performance metrics (KPIs) specific to omnichannel success, measuring cross-channel attribution, customer lifetime value, and channel synergy effectiveness.
  • Design a grand opening marketing campaign that maximizes awareness across online community and local market.
  • Recommend inventory and product merchandising strategies that complement both in-store discovery and online fulfillment.
  • Propose customer service and retailer experience standards that maintain consistency across both touchpoints.

Project Synopsis: Expected Results
  • Detailed buyer personas for omnichannel luxury beauty customers, identifying preferences, behaviors, and channel usage patterns.
  • Comprehensive omnichannel customer journey maps that identify key touchpoints and conversion opportunities between online and in-store experiences.
  • Strategic recommendations for creating synergistic promotional campaigns that drive traffic between retail channels.
  • Detailed grand opening marketing strategy with tactics to maximize local market penetration and online community engagement.
  • Clear performance metrics and KPI framework for measuring cross-channel success and customer lifetime value.
  • Actionable inventory and merchandising strategies that optimize product discovery across both retail environments.
  • Implementation roadmap with feasible timelines and resource requirements for omnichannel integration.

Project Timeline

Sayn Beauty - Luxury Beauty Omnichannel: Maximizing Cross-Platform Growth for Sayn Beauty
Due Date
Activities
Deliverables
Status
Action
Wed, 04/17/24
12:00 AM UTC
Applications Closed for Students
No Deliverables
No deliverables are required for this action item.
Location: Virtual
CapSource Platform
Fri, 05/10/24
12:00 AM UTC
Teams Finalized, Projects Assigned
No Deliverables
No deliverables are required for this action item.
Location: In Person
CapSource
Fri, 05/10/24
12:00 AM US/Eastern (UTC-04:00)
Students Upload Signed "Fordham Unpaid Internship Agreement"
Required Deliverable
Required Deliverable
Deliverable submission is required.
Location: In Person
CapSource
Fri, 05/10/24
12:00 AM UTC
Students Upload Resume
Required Action Item
Required Deliverable
Deliverable submission is required.
Fri, 05/17/24
12:00 AM UTC
Industry Partners to Provide Each Offer Letter to Each Student
No Deliverables
No deliverables are required for this action item.
Location: In Person
CapSource
Fri, 05/24/24
12:00 AM US/Eastern (UTC-04:00)
Kickoff Eval
Required Evaluation
Evaluation submission is required.
Fri, 05/31/24
12:00 AM UTC
Goal Date for CPT Approval
No Deliverables
No deliverables are required for this action item.
Location: In Person
CapSource
Mon, 06/03/24
12:00 AM UTC
Projects Launch!
Schedule time to launch projects with each team member and project manager
No Deliverables
No deliverables are required for this action item.
Guiding Questions:
Schedule time to launch projects with each team member and project manager
Location: In Person
Virtual
Wed, 06/12/24
12:00 AM UTC
Temp Check
Required Evaluation
Evaluation submission is required.
Fri, 06/28/24
12:00 AM UTC
Temp Check
Required Evaluation
Evaluation submission is required.
Wed, 07/10/24
12:00 AM UTC
Temp Check
Required Evaluation
Evaluation submission is required.
Fri, 07/26/24
12:00 AM UTC
Projects End
No Deliverables
No deliverables are required for this action item.
Location: In Person
Virtual
Fri, 07/26/24
12:00 PM UTC
End of Project Self Reflection
Required Evaluation
Evaluation submission is required.

Program Managers

Name Organization