Professional Documents
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Chesebrough-Pond Incorporated
Chesebrough-Pond Incorporated
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COMPANY OVERVIEW(CPI)
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PRODUCT OVERVIEW
1.75 oz. / 3.75 oz. / 7.50 oz. / 12.0 oz. 15.0 oz.
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Insight: Customers appreciate convenience and are loyal. However some do not think the product is visible enough 8/4/12
Competition
Price
30% lesser
Promotion
Place
Mass merchandize stores
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MARKETING STRATEGY
Objective:Increase profitability and market share through consumer promotion, trade promotion and advertisement.
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1.
2.
3.
4.
strategy to stimulate consumer demand by Reduce trade promotion budget Reducing the frequency of discounts Reducing the predictability of trade promotion dates Reducing number of days for promotion
promotion with brands unrelated to VPJ Link consumer promotions to HBP products and VPJ lines 8/4/12
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RECOMMENDATION RATIONALE
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BUDGET OVERVIEW
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CONCLUSION
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THANK S
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THANK
THANK