Colgate Palmolive Case Analysis of "Precision" toothbrush.

Problem Statement The aim of this report is to analyze the ii different launching strategies (as a niche or a mainstream harvest-time) for Colgate Palmolives advanced toothbrush, Precision, and contain the one that is the most suitable in the face of the grocery emulation and consumer needs. The report also aims to draw and quarter recommendations for the come outing, filthing, communication and packaging of the product under the chosen strategy. Situation Analysis Comp any(prenominal): In 1991, CP held 43% of the realism toothpaste food market and 16% of the world toothbrush market. Other oral testing cargon products included dental floss and mouth rinses. In 1991, oecumenic sales of CPs oral care products increased 12% to $1.3 billion, refreshings report for 22% of CPs total sales. Toothbrushes represented 19% of CPs U.S. oral mental test Care Division sales and profits, and CP held the number one role in the U.S. retail toothbrush market with a 23.3% han dwriting share. Dollar sales of toothbrushes had grown an average rate of 9.3% per annum since 1987, unspoiled now in 1992 they increased by 21% in time value and 18% in volume, due to the establishment of 47 new products and line extensions. The high level of competition and innovation in the tooth brush industry obliges CP launch a supreme product (super premium market) Companys Strengths: * Colgate is a well-known brand name in the Oral Care industry. * CP is creating a new and innovative product, Precision. * CP has up-graded 25 of 91 manufacturing plants. * CP acquired Mennen, a mens toilet articles company. Companys Weaknesses: *CP has been the laggards in advertizement and marketing in the late 1980s. * Colgate has never placed any toothbrushes in the Super-premium toothbrush category. Competition: CPs report toothbrush industry competitors are Johnson & Johnson (JJ), and OralB. All these substantiate an extensive product (toothbrushes) portfolio offer distinct... If y! ou want to get a full essay, order it on our website: BestEssayCheap.com

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