Major TV Budget to Profitably Rebuild Brands in Long-Term Decline

Brand: Dep Hair Care, Lilt Home Permanents
Company: Dep Corporation

Problem/Opportunity:

Dep Corporation had acquired big-name products in long-term decline, including Lavoris mouthwash, Topol toothpaste and Lilt home permanents. Its market-leading hair gel brand, Dep, was drying up.  The company had been using a promotion focused strategy and the biggest brands, Dep and Lilt, had suffered a 3-year, 33% revenue decline.

Solution:

Hazlin created strategic line extensions for both Dep and Lilt and fought for management approval to promote the brands behind the corporation’s first multi-million dollar TV advertising campaigns, driving a 17% revenue increase. Lavoris was re-positioned as a value brand, while Topol line extensions extended the brand’s leadership in tooth whitening. Overall group profit increased 50%.

KEYWORDS

  • Strategic Problem Solving
  • New Product Development
  • New Formula Development
  • Package Design
  • Branding
  • Corporate Strategy & Business Plans
  • TV, Print & Radio Campaigns
  • Financial Planning
  • Advertising & Promotion
  • Package Label Copy & Design
Advertising & Promotion, Branding, Corporate Strategy & Business Plans, Financial Planning, New Formula Development, New Product Development, Package Design, Package Label Copy & Design, Print & Radio Campaigns, Strategic Problem Solving, TV

Related Posts