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The Marketers Consulting. Dursun Nas Executive Director Barry Luong Program Executive Erguen Aldeniz Finance Director Richard Ching Graphics Director. Ann Smalley Sales Director Lily Cooc Consumer Analyst Juny Kim Marketing Director. Chris Wright Dilemma .
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The Marketers Consulting Dursun Nas Executive Director Barry Luong Program Executive Erguen Aldeniz Finance Director Richard Ching Graphics Director Ann Smalley Sales Director Lily Cooc Consumer Analyst Juny Kim Marketing Director
Chris Wright Dilemma • Introduction of a new brand • Product Improvement • Increased marketing expenditures
Product Improvement Add H-80 to Dawn Liquid Customer preference High NPV Low Cannibalization Restage Joy with the new “no-spot” formula Customer preference Quick return of investment
Procter & Gamble • Quality Goods • Honesty • New-product development • Dedicated and talented resources • Prudent and conservative management • Innovative products • Marketing expertise
Consumer Preference • Top five attributes • Feelings on dishwashing • Wants and Needs
Why Not a New Product? • Initial capital investment and cost • Time to introduction to marketplace • Cannibalization • Net present value
Why Not More Marketing? • Cannibalization • Break Even Analysis
Why Product Improvement • H-80 Formula • $20 Million Initial Investment • $10 Million Incremental Marketing • Time To Market
Which Product to Improve Upon DAWN JOY IVORY LIQUID
Financial Analysis – Ivory Liquid • Consumer preference • Thrill
Joy • No-Spot Formula • Financial Analysis
Dawn • Performance Enhancement • Consumer Preference • Financial Analysis
Implementation Plan • Commercial campaigns on day-time and prime-time television • Publications • Rebates/coupons • Direct mailer
Conclusion • Combined NPV • Consumer preference maximized • Continuity of Procter & Gamble corporate philosophy