Challenges
As part of a strategic growth plan, Sara Lee was considering a specific acquisition to gain a
foothold in the U.S. body care market. Under a tight timeline, a thorough category deep dive
was requested of Minkus & Associates to aid in understanding consumer wants
and needs, key brand equity and especially the equity strength and saliency of the acquisition
brand.
Actions
An in-depth deep dive, including qualitative and quantitative research, was undertaken to understand the category and 17 key brands, including the potential acquisition. Key accomplishments
include:
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Category and Advertising Overview
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Detailed by brand, segment and company
Analyzing secondary data from IRI, IRI panel, MRI, Ad Spender and Packaged Facts
Understanding consumer personal cleansing habits and buying behavior
Dimensionalizing Key Brand Equities
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Functional Benefits
Imagery/Emotional Benefits
Assessing Key Brand Equity Saliency and Room-to-Run
Developing Category Segmentation Map
Results
Based on the deep dive findings and recommendations, the acquisition was aggressively pursued.