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Clorox Portfolio Analysis: Marketing Strategy

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Clorox Marketing Strategy
A marketing strategy is an objective driven long-term plan which aims at achieving specific marketing goals. Clorox strategic plan aims at growing its sales volume by 3 to 5 percent annually and this means that the marketing team needs to come up with ways through which the required sales volume will be achieved.
According to Benno Dorer, Clorox’s EVP and COO of Cleaning International & Corporate Strategy, the key marketing strategy is the “Always on Principle”, this principle is applied through the digital platform. This strategy works in such a way that a person searching for disinfecting wipes on babycenter.com receives a customized advert, this advert is informed by what the potential consumer is looking for. …show more content…

However, the implementation of cost leadership together with product diffentiation is difficult, additionally the loss of focus on any of the two items during implementation could lead to major losses.
Strategic Acquisitions
Through acquisitions Clorox can strengthen its product offerings by introducing more products, accelerate innovation, meet customer demand more rapidly, and expand product opportunities in different markets. Acquisitions also come with creates more value for shareholders and achieves greater financial returns. This choice has the advantages of saving time, energy and cost for the company. In addition it avoids risks associated with new products and increases the company’s overall revenue. The disadvantages associated with this strategy include cultural integration of the two companies being challenging, resource management challenges due to more products and the initial acquisition cost might strain the company.
Product Diversification
Clorox majorly deals with cleaning products, there is an opportunity for it to diversify its business operations into an unrelated business and expand its product line. Clorox can expand its presence into natural personal care products, healthcare sector, or any other industry where high profitability is achievable. This strategy has the advantages of spreading risks and creating excitement among the staff. The split attention that results from diversification can lead to management challenges

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