Top Banner
40
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Vicks
Page 2: Vicks

Throat Drops

Page 3: Vicks

Vicks Throat Drops

was relaunched in May 1993 after a gap of 5 years.

Page 4: Vicks

Drop

Candy

Page 5: Vicks

Stork

Halls

Vicks

Page 6: Vicks

Throat Drops

Throat Drops

Throat Drops

Page 7: Vicks
Page 8: Vicks

Throat Drops

Page 9: Vicks

Established in 1837, Procter & Gamble Inc. began as a small family operated soap and candle company in Cincinatti, Ohio.

Page 10: Vicks

In 1935, the company

purchased the Philippine Manufacturing Corporation.

Page 11: Vicks

In 1985, P&G bought Richardson-Vicks Inc. and

later on launched a diversified line of

health care products.

Page 12: Vicks

Throat Drops

Page 13: Vicks

Medicinal

Candy

Page 14: Vicks

In May 1993, when Vicks Throat Drops was relaunched to the market, it was reclassified from a

medicinal throat drop to a candy.

Page 15: Vicks
Page 16: Vicks

1993

Page 17: Vicks

Confectionery

Page 18: Vicks
Page 19: Vicks

The menthol candy market was dominated

in the early 1990s by

Stork menthol candy.

Page 20: Vicks

Competition

Page 21: Vicks
Page 22: Vicks
Page 23: Vicks

Halls and Vicks were perceived by the market as

brands with quality and class that appealed to the

middle and upscale sectors of society.

Page 24: Vicks
Page 25: Vicks
Page 26: Vicks

Throat Drops

Page 27: Vicks

Throat Drops

Page 28: Vicks

Throat Drops

Page 29: Vicks

Throat Drops

Page 30: Vicks

Throat Drops

Page 31: Vicks

Throat Drops

Marketing Plan

Page 32: Vicks

Relaunch Vicks Throat Drops

•Market segmentation. Choose young professionals, class C-D, primarily those who work graveyard shifts in call centers.

•Product. V Mints hard candy

Throat Drops

Page 33: Vicks

• Place. Convenience stores (7-Eleven, Mini Stop, Watson’s), department store check-out counters, sari-sari stores, groceries, supermarkets

• Promo. Tie-up with magazines such as Preview (for women), and Garage (for men) by giving sample packs; contests in Facebook; Social Media advertising; TV, radio, billboard advertising campaign

Throat Drops

Page 34: Vicks

a. Product Positioning -Choosing the hard candy market -Premium brand

b. Customer Satisfaction StrategyHow to satisfy – Make size fit buying patterns of consumer, and place in convenient locations for easier access to the product

Throat Drops

Page 35: Vicks

c. Preferred Brand Strategy Rebranding - Improve Agency performance

-Change name: Use V Mints by Vicks. -Change packaging: Highlight trademark triangular shape of Vicks, and update the look

Throat Drops

Page 36: Vicks
Page 37: Vicks
Page 38: Vicks
Page 39: Vicks
Page 40: Vicks