Crest Whitestrips Disrupts Tooth Whitening “This is it. This is what we need”‚ Paul Sagel‚ a young chemical engineer at P&G utters in February 1997. He recalls later:” I put it on my teeth‚ stuck it on‚ and said. “That´s it!” We knew we had it instantly”. What Sagel remembers with such excitement is the eureka moment when he together with his senior colleague and mentor Bob Dirksing comes up with a novel effective solution for tooth whitening. Bob Dirksing‚ 56‚ is a 30-year company veteran and
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Crest Whitestrips are a popular tooth whitening product created by the company‚ Procter and Gamble. Since 2001‚ the product has been sold to over fourteen million consumers‚ worldwide. Crest sells these strips in more than six different types of models each with a specific purpose. The most basic Whitestrips are sold at around $25 USD‚ and are advertised to whiten teeth in two weeks. However‚ some of the other models claim to whiten teeth in as little as three days. Effects are supposed to last
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Running head: Competitive Analysis of Competitive Analysis of Crest Whitestrips MBA 6110 Marketing and Brand Management Capella University July 24‚ 2009 Instructor: Cliff Butler Every firm’s marketers must develop an effective strategy for dealing with the competitive environment. A company may position its product or service with an eye towards its ability to sustain that position (Hooley and Greenley‚ 2005). The most direct competition occurs among marketers of similar products
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The Audience The target market for Crest 3D whitestrips are individuals. These men and women are in the age range of 18 to 65 years old and still have their natural teeth. These individuals give great care to their personal stature in terms of hygiene and grooming. They are individuals who have little disposable income and seek quality‚ convenience and value. (). These individuals are influenced by media images of the perfect body or the perfect smile. Those images from movies‚ television
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variety to choose from clothing to other household items with high brand quality and service to attract customers and build up an competitive image in the emerging fashion market. OBJECTIVES To create comfortable and memorable experience for customers To provide wide variety for all ages of men and women in the focused target market. To focus on new trends and demand according to customer preference and choice. To become a leading brand in competition with other luxury retail clothing brands.
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TARGET MARKETS Market Analysis Target Market - Your target customers are those who are most likely to buy from you. Target Marketing can– Help in Clearer understanding of markets needs‚ wants and desires More specific and effective use of marketing resources (e.g. budget‚ time expertise) More strategic approach Maximize profit. Importance Steps of Market Analysis: Market Segmentation Market Size Market Dynamics Competitors Historical Background Emerging Trends Market
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What is meant by “target market”? The focus of marketing effort is people. The goal is to reach a subset of the population who may be interested in your particular product. That group of people is your target market. The term target market is used because that market is the target at which you aim all your marketing efforts. The markets you are trying to reach are people with common characteristics that set them apart as a group. The more you know about a target market‚ the more precisely you
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person to trade with who may have a need for a your item or value‚ you can simply use money to buy what you need from anyone with a desire to sell it. 2. Discuss the real and perceived value of an item you recently purchased. A= Perceived value is how the value exists only in the person’s mind. Real value is the cost of providing the product or service. 3. How has the Internet changed marketing? A= Internet marking has make more business more successful. The market also sets prices for
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Target market In order to reach our service to the right customer‚ we have chosen Demographic as our target market segment such as age‚ income and occupation. By using this segmentation‚ it could easily help us to find the logical way to classify consumers. According to the result shown in Figure 1 that has been attached in appendices‚ most of the internet user’s age in Malaysia is between 15 and 44. In Figure 1‚ we can see that the majority internet users 38% are from age 15 to 24‚ second rank
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Target Markets A target market‚ according to Kotler and Armstrong (2004)‚ consists of a set of buyers who share common needs or characteristics that the company decides to serve. The decision of selecting target segments can be assessed by looking at market factors‚ competitive factors‚ and political‚ social‚ and environmental factors (Jobber‚ 1995). Since the location is Asiatown IT Park‚ Lahug Cebu City; our market targets are the call center agents and the people working in offices. These
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