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Old Spice Essay

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Old Spice Essay
OLD SPICE Old Spice is well-known brand of male grooming products; it is produced and sold by Procter & Gamble (P&G), who purchased the brand from the Shulton Company in 1990 for three hundred million dollars. Since its origins in 1937, Old Spice targeted men from age 18 to 34 with their infamous sailor ads. P & G refocused the target market in 1994 after realizing that their target market of age group 25 to 43 was not meeting their expectation. P & G change direction and decided to “skip a generation” in 1999, they did this by giving free samples to fifth graders who covered ninety percent of the nation schools. Targeting first time buyers of deodorants and investing at a lower age because of lack of experience with such a product. While In 2000, P&G marketed Old Spice Red Zone, a sub-brand, and sales increased and came close to competing brand Right Guard in 2001.

With differentiated marketing Old Spice will need to target more than one segment and will have to devise a divided marketing mix for each one. Old Spice differentiation strategy will benefit both the company and the customers since their certain needs are
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And it is where ones Old Spice fits into the marketplace as a niche. Effective positioning puts their targeted market first in line and in the minds of Old Spice potential customers. Positioning becomes vital for the long term continued existence of Old Spice and the durability of their product life cycle. Positioning strategy of Old Spice will need to review their strengths and weaknesses. The understanding the strength and weaknesses of their competitors, factors which makes consumer buying behavior, and then recognizing openings in their industry marks out the model positioning strategy for Old

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