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STRENGTH
* Brand Recall & Visibility - Colgate is number one in brand awareness, number
two in brand image & brand equity. Also it has excellent advertisement and
brand visibility of products with a strong customer loyalty.
WEAKNESSES:
* Profit
THREATS
* Competition in the market - Increasing number of competitors
OPPORTUNITIES
Product Line - the original product line of Colgate which is their oral products
has similar marketing elements and common distribution channels to OTC drugs.
Market Size - OTC drugs is the largest non food consumer product industry and
its market annually accounts over €50 billion in sales
ANALYZING THE CASE
I. VIEW POINT
• Colgate Marketing Manager
III. PROBLEM
• What would be the brand decision of Colgate upon entering the over the
counter (OTC) market or new product line?
IV. OBJECTIVE
• Colgate aims to become the best global consumer products company.
The company wants to enter the OTC market and to become more profitable.
V. AREAS OF CONSIDERATION
1. Profit
ADVANTAGES
* It will not affect the name of the brand because it has new brand name
DISADVANTAGES
* Profit
* Consumer will not buy it easily because it has a new brand name and of
course it is for medicine purposes
GROUP 7
Iglesia, Beatriz
Kong, Erwin
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