Smells Nice at a Cheap Price Derek Johnson Jaden Scott J 304.

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Presentation transcript:

Smells Nice at a Cheap Price Derek Johnson Jaden Scott J 304

Background  Founded August 22, 1865  “Improved liquid soap”  First Softsoap liquid hand soap created by Robert R. Taylor  1987—Colgate acquired Softsoap from the Minnetonka Corporation  Peppermint Candy Cane scent is a seasonal product   html 

Target Audience  Female  Mothers  Middle age  Low-middle income  "Mothers are one of the most valuable consumer segments, with purchasing power and influence that exceeds any other demographic group," said David Shim, Founder and CEO of Placed Analytics.  not-specialty-shops.html

Product Benefits  Affordable  Healthy  Reliable  Good-smelling  Festive

Current Brand Image  Softsoap brand image  Safe  Healthy Strong  Colgate-Palmolive Company  Under fire  Hazardous toothpaste chemicals  Potentially cause cancer  “I like the Softsoap brand because with two boys, we go through soap like crazy in my house,” said Angie Redpath. “I don’t want to spend $4 on a fancy bottle that’s going to be gone by the end of the week.”  found-in-colgate-total-toothpaste-linked-to-cancer/

Desired Brand Image  Healthy hand soap  Affordable price that doesn’t sacrifice quality  “Delicious smelling clean”

Direct Competitors  Method hand soap  $3.99  Bath and Body Works  5/$18  7/$24  Dial  ~$4  Dove  ~$3-5 = &cm_sp=FO-_-AB-_-AB

Indirect Competitors  Germ-X  Purell hand sanitizer  Wet Ones hand wipes

Advertising Goal  To get moms of children to buy Peppermint Candy Cane soap during the holiday season

Strategic Message  Holiday season also means cold and flu season  Peppermint Candy Cane soap will get rid of germs  Domino effect  Prevent spread of sickness between family members  Pleasant Scent  Smell of holiday spirit