Procter and Gamble (P&G) is bidding on product diversification and
investment in market research to further grow the market share of its Gillette
brand in Kenya.
Gillette
currently commands a 17 per cent market with plans by the company to grow its
pie through concentration on the middle to lower income segments of the market.
According
to Communications Manager Irene Mwathi,, (P&G) has engaged a strategy where
it is currently ‘competing against itself’ through the launch of innovative
products that target different market segments.
“P&G
is currently pushing razor growth by competing against itself. We are keen on
tapping into the vast middle to low income cadre in our drive towards availing
quality razors to the market,” said Ms. Mwathi.
The
company is counting on its market innovation track record to push sales especially
among the youth most of whom prefer shaving at the barbers.
“We
are moving towards encouraging men to shave at home and take advantage of our
cutting edge products in this category. A number of activities will be employed
in pushing this campaign,” said Ms. Mwathi.
P&G
acquired Gillette in 2005 when it bought the Gillette company which also
included oral B and Duracell . Famously known for its shaving products and its
advertising slogan, "Gillette - the best a man can get" the brand
which is a market leader is used by over x million people all over the world.
The big attraction of that deal was that Gillette’s grooming brands complement
each other as P&G specializes in hair and skincare for women - while
Gillette focuses on male grooming. Founded 115 years ago, Gillette has
positioned itself as the ultimate male brand through product innovation.
“Each
of these brands has also had a follow-up series of sub-branded product
upgrades. Although they work for the same company, P&G’s razor
marketers are not afraid of some in-house competition,” she said.
One
of P&G’s biggest challenges in pushing its Gillette shaving razors has been
the flooding of the market with low quality products especially from the Far
East.
“We continue to be
committed to product innovation and research and development to ensure Gillette
remains a market leader. We strive to deliver the ideal shave that is
characterized by great smoothness, optimal comfort and no skin irritation,”
said Ms. Mwathi.
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