Answer to Question #166721 in Marketing for Sunny

Question #166721

Given the decision to launch the Colgate precision toothbrush where would the sales come from? There are really three options increased toothbrush category demand, cannibalization of other Colgate brands, and witching from competitor brands. Make your best argument for when the sales would come from. What you could do as a manager to try best prevent cannibalization.


1
Expert's answer
2021-03-10T10:01:47-0500

The sale would come from the younger generation. Young people are willing to pay more for a superior toothbrush. This because they are looking for certain benefits; cavity prevention and healthier gums. The Colgate precision toothbrush is also shown to be more effective in reducing gum disease than the leading brushes, specifically Reach and Oral-B.

Ways to prevent cannibalization;

·        Assess the possible market demand for the proposed new product. Specifically, evaluate how much income the product is likely to generate. This means that you need to evaluate the cost incurred verse benefit it will bring (revenue).

·        Identify a specific market for each product- this will help you understand which customers the product will serve, and determine what gaps the existing product fills. All this information needs to be analyzed before the launch of a new product.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS