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    November 6th, 2009
           Team #1
         Nancy Dadas
         Brian Blewitt
       Prasant Balakrish
      Shay-Jahen Merritté
challenge
    market share declining:
    •	core customer is not reusing product
    •	loss of first mover advantage
2
goals
    •	Increase market share by 10%
    •	Increase market growth
3
core customer



4
core customer   men




5
core customer   men
                          European



6
M.A.G.nifying
    The Solution
7




    market growth + brand share
8
    M A G
9
    M A G
    maintain   add   global
10               M
                  maintain
     keeping the core customer engaged
Alexis-
     34 year-old stay at home mother of
     3, drive a Lexus, loves to play tennis,
11
     has lunch with her girlfriends twice
     a week, shops every weekend,
     reads the major fashion magazines.
challenge
     - Only 10% of core customer reuses
12   - Currently low ease of use
solution
     Easier to use:
13
     - Sticks to teeth better
     - Only once each day
tactics
     - New messaging reinforcing improved
14     technology and better product
     - “We’ve whitened your teeth before, let us do it again.
                                                            ”
     -”Make a New Year’s Resolution to keep teeth white.
                                                       ”
     -Traditional (TV & Print)
     -Nontradtional (Subways, Microsite)
15                A
                     add
      welcoming new new customers,
     men (16-34), job seekers/promoters
Stephen-
     26 years old, 3 year into his first
     job as a financial analysist,
16
     competing for a promotion. Lives
     with a roommate, but was recently
     engaged.
challenge
     We tapped our initial target market, to grow we
17   must bring our product to new consumers.
solution
     New customers:
     - People who currently use other brands.
18
     Men 16-34
       - Job/promotion seekers
       - Successful business men
     First impressions are important
     Unified messaging reinforces ease of use
Sampling plan:
                    tactics
     “Just look for the package”
     - Store sampling:
19
        - end caps in Wal-Mart
     - White strips dispensers
          - Luxury hotels
          - Airports
          - Pop up stores
     - Advertising
        - High profile endorsements (Tiger).
20          G
              global
     europe is the new white
Ellie-
     22 years old, recent university
     graduate, majored in marketing,
21
     currently interning at a large
     marketing research firm reads major
     American fashion magazines, loves
     drinking coffee with friends.
challenge
     - Limited European Presense
     “I live in Europe, but I have a friend who is in the States at the
22
     moment and I want them to get me some Crest Whitestrips while
     they are there. Where can you buy them from? Walmart? Which
     stores sell them? Also would you recommend Classic or Pro
     Effects? (I saw those on the website). Please don’t tell me you can
     buy them online, I already know that and I wouldn’t be asking
     this question if I wanted to buy them online.

     Thanks in advance.” -Ellie
     http://answers.yahoo.com/question/index?qid=20080824100244AAcHDrY
solution
     - Targeting three major European cities:
       - Women 16-34
23
     - Raise awareness
tactics
     - Co-branding at major retailers
24   - Bundling with toothpaste and mouthwash
timeline
         2010   2011   2012
     M
25
     A
     G
Thank
              You
26


     What Questions Do You Have?
27             F
           financials
     MAGnifying our feasibility
total marketing expenses
       Maintaining Core Customers
       TV*                                             $1,300,000
       Print**                                         $90,000
       Non-traditional***                              $500,000
       Total                                           $200,000

       *assumes $40,000 per spot,runs 20 x / week, 6
       weeks (3 on, 3 off)
       **assumes $10,000 per insertion per month, 6
       mags, for 3 months
       ***assumes environmental advertising and
28     cost of a micro-site

       In-Store Advertising
       Dispensers****                                  $200,000
       In-store space (paid to retailer)               $200,000
                                                       $400,000
       ****includes cost to develop 100 dispensers

       Total US                                        $3,000,000
topline financials

     in millions prem          base          prem    base
                  men          men              18      6
             vol 0.16   0.27   0.03   0.05    0.44   0.07
             rev 2.95   4.91   0.41   0.68    7.85   1.09
           cogs 1.15    1.91   0.22   0.36    3.05   0.58
             sga 0.34   0.57   0.06   0.10    0.92   0.15
29    ad (total) 1.4     1.4    0.1    0.1     1.5    1.5



     Net Profit 0.06 1.03 0.03 0.12          20.38   4.86

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MAGnifying Growth Globally

  • 1. 1 November 6th, 2009 Team #1 Nancy Dadas Brian Blewitt Prasant Balakrish Shay-Jahen Merritté
  • 2. challenge market share declining: • core customer is not reusing product • loss of first mover advantage 2
  • 3. goals • Increase market share by 10% • Increase market growth 3
  • 6. core customer men European 6
  • 7. M.A.G.nifying The Solution 7 market growth + brand share
  • 8. 8 M A G
  • 9. 9 M A G maintain add global
  • 10. 10 M maintain keeping the core customer engaged
  • 11. Alexis- 34 year-old stay at home mother of 3, drive a Lexus, loves to play tennis, 11 has lunch with her girlfriends twice a week, shops every weekend, reads the major fashion magazines.
  • 12. challenge - Only 10% of core customer reuses 12 - Currently low ease of use
  • 13. solution Easier to use: 13 - Sticks to teeth better - Only once each day
  • 14. tactics - New messaging reinforcing improved 14 technology and better product - “We’ve whitened your teeth before, let us do it again. ” -”Make a New Year’s Resolution to keep teeth white. ” -Traditional (TV & Print) -Nontradtional (Subways, Microsite)
  • 15. 15 A add welcoming new new customers, men (16-34), job seekers/promoters
  • 16. Stephen- 26 years old, 3 year into his first job as a financial analysist, 16 competing for a promotion. Lives with a roommate, but was recently engaged.
  • 17. challenge We tapped our initial target market, to grow we 17 must bring our product to new consumers.
  • 18. solution New customers: - People who currently use other brands. 18 Men 16-34 - Job/promotion seekers - Successful business men First impressions are important Unified messaging reinforces ease of use
  • 19. Sampling plan: tactics “Just look for the package” - Store sampling: 19 - end caps in Wal-Mart - White strips dispensers - Luxury hotels - Airports - Pop up stores - Advertising - High profile endorsements (Tiger).
  • 20. 20 G global europe is the new white
  • 21. Ellie- 22 years old, recent university graduate, majored in marketing, 21 currently interning at a large marketing research firm reads major American fashion magazines, loves drinking coffee with friends.
  • 22. challenge - Limited European Presense “I live in Europe, but I have a friend who is in the States at the 22 moment and I want them to get me some Crest Whitestrips while they are there. Where can you buy them from? Walmart? Which stores sell them? Also would you recommend Classic or Pro Effects? (I saw those on the website). Please don’t tell me you can buy them online, I already know that and I wouldn’t be asking this question if I wanted to buy them online. Thanks in advance.” -Ellie http://answers.yahoo.com/question/index?qid=20080824100244AAcHDrY
  • 23. solution - Targeting three major European cities: - Women 16-34 23 - Raise awareness
  • 24. tactics - Co-branding at major retailers 24 - Bundling with toothpaste and mouthwash
  • 25. timeline 2010 2011 2012 M 25 A G
  • 26. Thank You 26 What Questions Do You Have?
  • 27. 27 F financials MAGnifying our feasibility
  • 28. total marketing expenses Maintaining Core Customers TV* $1,300,000 Print** $90,000 Non-traditional*** $500,000 Total $200,000 *assumes $40,000 per spot,runs 20 x / week, 6 weeks (3 on, 3 off) **assumes $10,000 per insertion per month, 6 mags, for 3 months ***assumes environmental advertising and 28 cost of a micro-site In-Store Advertising Dispensers**** $200,000 In-store space (paid to retailer) $200,000 $400,000 ****includes cost to develop 100 dispensers Total US $3,000,000
  • 29. topline financials in millions prem base prem base men men 18 6 vol 0.16 0.27 0.03 0.05 0.44 0.07 rev 2.95 4.91 0.41 0.68 7.85 1.09 cogs 1.15 1.91 0.22 0.36 3.05 0.58 sga 0.34 0.57 0.06 0.10 0.92 0.15 29 ad (total) 1.4 1.4 0.1 0.1 1.5 1.5 Net Profit 0.06 1.03 0.03 0.12 20.38 4.86