MARKETING PLAN AND SITUATION ANALISYS The Toothpaste Market: According to surveys done by MarketResearch.com and Red Summit Research (1) Americans, spent US$ 5.2 Billions on oral care products. That number represents an increase in 7% on the market sales over the previous year. Overall it increased 32.2% from 1996 to 2000 and its projected sales for 2005 amount US$ 6.7 Billion.
The toothpaste and other dentifrice products are the top oral care market accounting for US$1.8 billion last year. There are more than 300 companies that compete in the toothpaste market in the US. However, only a few hold significant shares of the overall market.
Simmons Market Research Bureau (1) reports that 93% of US adults use toothpaste, so the industry is somehow mature.
This Market is regulated by the FDA "" Food and Drug Administration. The agency is responsible to verify the products components, its effectiveness and as the potential consequences to a human beings health.
According to Red summit research (1), there are basically nine toothpaste types or segments divided by their Marketing focus and main ingredients: Whitening / anti stain Regular (fluoride) Anti tartar / anti plaque Baking soda Desensitizing Re mineralizing Anti gingivitis Natural Children's The Market can also be divided as the following (2): Sensory Sociable Worrier Independent Main benefit sought Flavor, package Brightness of teeth and breath freshness Decay and tartar prevention Price Demographics Children Teens, young adults Young families Men Preferred brands Colgate, Aim Close up, Ultra Brite, Aqua-Fresh Crest, Colgate Total. Brands on sale (1) Source: www.ecrm-epps.com/Expose/V4_9/Oral.htm (2) Source: Essentials of Marketing William D. Perreault, Jr., E. Jerome McCarthy, pg. 68 The market for toothpaste is highly competitive. Competitors include significantly large corporations with substantially great resources. The high degree of trademark recognition and goodwill associated with many of the Company's...