7. CP - a global leader of personal care products
R&D expenses - $114 million
Advertising expenses - $428 million
275 new products in 1991
91 manufacturing plants
43% toothpaste market
16% toothbrush market
August 1992- CP poised to launch Colgate
Precision toothbrush worldwide
8.
9. Target therapeutic and cosmetic
brushers
Super premium niche
Launch worldwide
Target dentists and drugstores
11. Increase Ads and promotion
budget by $19.2 million
$32.5 million to Precision
$10.8 million to Plus
Products aimed at prevention of
gum disease rather than removing
plaque and decay
32. Position Precision toothbrush in the niche
market during its introductory stages to
capture the elite brushers and the later
position it in the mainstream market to
increase a steady revenue!