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L'EGGs PRODUCTS INC. (A)
L'EGGs PRODUCTS INC. (A)
Submitted by Debadipta- F08076 Neha - F08097 Ganesh - F08080 Gurpal - F08082 Gavin - F08110 Cerys - F08063
Problem
Specific alternatives to employ for Leggs Pantyhoses first national promotion during the coming fall season.
OBJECTIVE
Generate Increase
profitably the largest number of incremental sales. trial rate in low BDI markets and repeat purchases in high BDI areas.
first in 1970(roll out marketing strategy followed) for 25% of hosiery volume done by food and drugs outlets market share- largest selling single brand in the hosiery industry
Accounted 5-6%
SUPERMARKET AND DRUGSTORE RETAIL FORMAT Share- 12% supermarket 6% drug store Advertising based on cost only; high stock outs; low ROI for retailers; low quality image; no brand loyalty; products lacked consistency
Leggs-
% of potential women had tried awareness increased by 80%,25% of all women listed Leggs as their regular brand. products - Sheer from tummy to tots pantyhose, queen-size etccannibalized existing product to some extent.
New
COMPETITION
Major
competitors- Kayser-Roth Corporation No Nonsense Pantyhose and Burlington Industries Activ Pantyhose. No Nonsense- backdoor delivery Activ- Cigar an news stands. Activ- $1.00 Leggs- $1.9 No Nonsense $0.99
coupon mailed to homes worth 25c off one pair of Leggs. 20c off single pack offer.
Sales estimation
20c off single pack- 480000(80%) dozens per week at reduced prices ; 10% immediate increase in sales; 10%long term increase. off double pack- 360000(60%) dozens at reduced prices, 10% immediate increase in sales- no long term effect. similar as 40c pack. redemption- 8%
40c
25c
Coupon
suggestions
Advertise
Low
BDI Areas Push single packs of 10% off. BDI Areas Push double packs of 10% off but also keep single packs available.
High
THANK YOU