All Hokie, All the Time. Period. Presented by

The Lounge Board

Burruss Writer

Joined: 10/02/2002 Posts: 5319
Likes: 890


This was my first thought as well, however...


If you position yourself to be the only one in the market, you have effectively marketed your product as the only viable (and best) option.

BTW, they sunk $7MM into their advertising the first year. Their closest rival, Dial soap, spent $8MM on their brand. Comparatively speaking, that's an all-in move for the little guy.

Ended up selling the rest of the company to Unilever several years later for north of $300MM.

Either way, brilliant move on his part.

(In response to this post by Tafkam Hokie)

Posted: 03/24/2016 at 10:52AM



+0

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
 
  
Cleverest marketing move by a company? -- HokieDan95 03/24/2016 08:52AM
  Sweatheart of the month -- Monk of McBride 03/24/2016 12:25PM
  National Lampoon with a great cover in 1973 -- Late 80s Hokie 03/24/2016 12:03PM
  Heard an urban legend of a Girl Scout who setup a booth -- Tafkam Hokie 03/24/2016 10:25AM
  I liked Maple Donuts. -- MontyPythokie 03/24/2016 09:54AM
  SoftSoap -- Burruss Writer 03/24/2016 09:12AM
  Missing some important parts -- Hokie madman 03/24/2016 11:22AM
  It was a part of his marketing strategy. -- Hokie madman 03/24/2016 11:26AM
  This was my first thought as well, however... -- Burruss Writer 03/24/2016 10:52AM
  Carl's, Jr. Hardee's . . . -- RhinoVT 03/24/2016 09:12AM

Tech Sideline is Presented By:

Our Sponsors

vm307