Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
“We’ll be the company that our consumers and industry<br />
competitors have as a benchmark,” Cordial says.<br />
The aim is to become the indisputable market leader.<br />
That means market share has to grow from today’s 25 percent<br />
to a little over 28 percent, which is No. 1 Kimberly-<br />
Clark’s share today. An important piece of the puzzle in this<br />
effort was the acquisition of Procter & Gamble’s European<br />
tissue operations and the Tempo brand for EUR 512 million<br />
during 2007.<br />
“With the acquisition of Procter & Gamble’s tissue operations,<br />
we went from being No. 3 in Europe to No. 2.”<br />
Every future product launch will follow this new strategy<br />
and the portfolio will be trimmed over the course of<br />
the plan.<br />
products will have a more uniform appearance,<br />
and marketing communication will be coordinated.<br />
“A more harmonised approach to the communication of<br />
our brands will help cut costs in communication produc-<br />
<br />
<br />
<br />
WHEN IT COMES<br />
TO TOILET PAPER<br />
OR FACIAL TISSUES,<br />
THE KEY WORDS<br />
ARE SOFTNESS,<br />
COLOR AND SCENT<br />
– QUALITIES THAT<br />
AREN’T RELEVANT<br />
WHEN IT COMES<br />
TO CLEANING<br />
PRODUCTS.<br />
tion,” she says. “When we come out with new products, the<br />
launch can be carried out faster and simultaneously across<br />
Europe.”<br />
The core of the action plan to increase profitability is<br />
concentrating marketing efforts on newly launched products<br />
but also increasing the focus on value added products.<br />
“For instance, the Tempo brand is a product with a strong<br />
position in the German market,” Cordial says. “We can get<br />
a premium price there. So it’s smarter for us to concentrate<br />
on increasing sales of facial tissue rather than toilet paper.<br />
“The goal is to have consumers feel they’re buying a<br />
brand product that really meets their needs and expectations.<br />
It should feel like a premium product, with premium<br />
properties and premium quality. So then we can also charge<br />
a higher price.”<br />
Continuous product development is another important<br />
part of the strategy. “Consumers should feel that we’re listening<br />
to them and doing everything to meet their needs,”<br />
Cordial says.