Submitted by: Submitted by redragon
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Category: Business and Industry
Date Submitted: 02/15/2015 11:00 AM
Kingsford Charcoal
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Team Case Analysis
Prepared by:
Alain Aridi 5635462
Isabelle Beuf 5620589
Alexandra Lavin 5887615
Venkatesa Virahsammy 5444225
Presented to:
David Moscovitz
Strategic Marketing Planning
MARK 495/4
John Molson School of Business
Concordia University
March 12th, 2009
SITUATIONAL ANALYSIS
1) INTERNAL ANALYSIS
i. Current strategy of the business
Kingsford Charcoal is one of the largest groups within Clorox’s portfolio. The mother company has been practicing an aggressive growth by acquisition strategy since its independence from Procter & Gamble in 1969. In addition to their growth strategy, they highly focused on research and development. Kingsford Charcoal became part of Clorox’s group in 1973. The new addition’s strategy is based on mass distribution. Kingsford Charcoal have maintained close relationships throughout the years with their distribution channels. This has helped them being on display at the point-of-purchase, push their brand to consumers and being recognized as a high quality brand among 60% of consumers.
ii. 4P’s
Product and Price: Kingsford Charcoal, part of the Clorox umbrella, repsents 9% of its revenue. It currently offers two types of charcoal briquettes, regular (blue bag) and instant (red bag), in different bag sizes. The instant charcoal is treated with Kingsford lighter fluid for immediate combustion whereas the regular brand is not. Table 1 discusses the showcases the different package sizes and pricing.
|Blue Bag |
|Size |10 Pounds |20 Pounds |
|Price |$4.25 |$6.78 |
|Red Bag |
|Size |8 Pounds |15 Pounds...