Colgate is a player in the $7.5 billion market of oral hygiene in the United States. This market includes products that cleanse, disinfect, freshens breath and whitens teeth and Colgate has a share of that market for all these products. The competition in this market makes being innovative practically a requirement since it is difficult to encroach upon your competitors. Knowing this information, companies must also ensure that they maintain a good balance of products in this industry.…
I will be analyzing a commercial about Colgate total where dental patients tell how and why their dentist advised them to switch to Colgate Total toothpaste.…
Your company president has decided to restructure the firm and become more market-oriented. She is going to announce the changes at an upcoming meeting. She has asked you to prepare a short speech outlining the general reasons for the new company orientation. What key topics should you be sure to include in the speech?…
Chinese toothpaste market was largely dominated by Colgate-Palmolive with 32.1% market value share including its joint venture with Darlie and San Xiao brands. Though the Chinese preferred the therapeutic aspect of toothpaste, freshness segment is growing and showing future promise The Chinese also tended to prefer the lower-priced brands over the premium brands. With a large share of the market and high interest in freshness, the introduction of Max Fresh was looking promising,…
With the recent introduction of the new “super-premium” sub-category, CP has the option of revealing Precision as a niche product. Serving to the ‘therapeutic brushers’ who are in search of functionally effective products and are generally the most concerned group of consumers in regards to their oral health. This alternative poses a few strengths if chosen. First of all, there are fewer competitors in the “super-premium” market. Second, since existing CP toothbrushes participate in the “professional” and “value” market, introducing the Precision into the “super-premium” market will cause less erosion of Colgate Plus. Third, CP can take this chance to submerge itself into the “super-premium” market since none of its existing products are in this segment. Lastly, no existing SKUs will need to be dropped if CP chooses this alternative. Despite all this, there…
Choose an individual brand or product line from either the producer and/or brand owner, who are involved in the marketing of an oral hygiene product or products. Investigate and evaluate their marketing strategy using contemporary marketing tools and techniques however this may be illuminated using examples from other companies/ organizations.…
Population, GDP/Capita, CPI, manufacturing sales and retail sales are the factors which affecting the market demand. Through by the population, GDP/Capita and CPI, we can understand the economic growth then find the prospective market to be entered first as Mexico. Population will affect market demand, because of large number of residents; there will be a large demand for goods in the area and vice versa. A large number of total populations will become a potential market even in the slow-growth population. If GDP/Capita is going high, it is possible that the demand is going high too. Moreover, we can determine the purchasing power consumers in the region by income/revenue. A higher real income is higher purchasing power. Mexico has become the thirdly highest country on GDP/Capita when compared to the others, which has $15,300. Besides, a good position on GDP/Capita, manufacturing sales and retail sales, which are, have 7 points for all of them rating. Manufacturing sales and retail sales are the most important factors to be considered while choosing the market, which…
The marketing of toothbrushes changed to aesthetic features while dividing into two functional segments - value and professional markets in the 1980 's. Later on in the 1980 's, the professional market was further segmented and led to the development of the super-premium niche. In 1992, the super premium niche accounted for 35% of toothbrush unit volume and 46% of sales. The three identified market segments are the super-premium segment (price range: over $2.00, unit volume: 35% and dollar sales: 46%), professional segment ($1.59-2.09, 41%, 42% respectively) and value segment (below $1.29, 24% and 12% respectively). The major players in the toothbrush market are CP and Johnson & Johnson, Oral-B. The impending release of the Colgate Precision toothbrush will be CP 's first entry into the super-premium market segment that Oral-B virtually controls.…
-The firm has 21 different combinations of these available to introduce as unique SKU’s (stock keeping unity)…
Sensodyne was first marketed in 1961 as the first desensitising toothpaste based on a strontium chloride formulation. About 20 years later, in 1980, Sensodyne toothpastes containing a new potassium nitrate formulation were launched. Besides being a leader in treating dentine hypersensitivity, the Sensodyne brand expanded in 2006 with the launch of Sensodyne Pronamel to help protect against the effects of dental erosion.…
| - Since the 90s , all thoothpastes in the US offered fluoride protection - Main competitors are represented by : Procter&Gamble (Crest), GlaxoSmithKline (Aquafresh, Sensodyne), and Churc &Dwight (Arm&Hammer, Close-up, Mentadent, Aim, Pepsodent)- Growth of Crest’s value hare of the retail toothpaste market thanks to new product intiatives such : * Crest+Scope which is positioned as a toothpaste and mouthwash product that also whitened teeth(achieved a 5,4% retail value share in 2004) * CWE positioned as a “flavor-based experiential toothpaste that also whitens teeth(achieved a 5,2% share by the end of 2004 behind a 18,8% media advertising share of voice)- Aquafresh extreme clean launched in 2004 which is positioned on “clean and fresh breath…
Where P is the potential market, I is industry sales, MSI is the market share of firm i. The function f is a function of macro economic variables, and industry marketing mix variables. Clearly I < or = P. MSI should be a function of marketing mix variables of all the firms. This is a top down approach and often we don’t know how to model f or MSI especially in early stages of the evolution of the market. But once we gain some experience in the industry, this might be a useful tool. We can use available data to model market share of a firm.…
Pepsodent is a toothpaste brand with a flavor that is minty derived from Sassafras. The toothpaste brand is owned by Unilever (Pepsodent Official website, 2012).Pepsodent is regarded as one of the leading product in oral care. This paper assesses the present situation of Pepsodent so as to provide recommendations on it definite toothpaste brand line.…
While at a local women’s retail store, came across an interesting leather necklace that caught my attention. As I moved closer to view the item, I was sure the accessory belonged to one of the popular designers and was quite expensive. Once I reached the shelf were the item was display; I saw the designer name “Heaven’s Creations”; an unknown product designer. The necklace was quite a show stopper, extraordinary looking and not to mention affordable. The off-brand’ designer’s line is unique because the pieces are all “one of a kind”--no replicas However, I was informed that the designer does design commission jewelry. I most say that if all future accessory ornaments of the unknown designer’s are as exquisite and show stopping as this leather necklace, the designer will not be off-brand for long. Jewelry, Apparel and Accessories products fall into the category of high involvement/emotions. These are products for which the buyer is prepared to spend considerable time and effort in searching. When marketing this jewelry line, I am going mimic existing campaigns as jewelry is a billion-dollar industry employing millions of people around the world, and costume jewelry has a large piece of this pie. Ever since the economy became more global, consumers have been affected by this fast evolving industry. Towards the late 1980’s, several large retailers dominated the fashion accessory business. In the fast evolving fashion industry even the best plans and activities can be diluted by economic change, consumer behavior and the actions of competitors.…
* If firm charges higher price: no sales (there are so many other firms selling at market price that buyers would go elsewhere)…