Crest unveils new chocolate toothpaste
Procter & Gamble's new line has lime and vanilla flavors as well. Because, you know, we totally need more kinds of toothpaste.
Procter & Gamble's (PG) R&D folks seem to have been busy working on their shark-jumping skills.
In a conference call with investors and analysts Monday morning, the consumer-goods giant touted a new line of Crest toothpaste aimed at "experiential"customers (as opposed to people who brush their teeth without "experiencing" the act at all).
The line, which P&G promises to start selling soon, comprises three flavors: "Mint Chocolate Trek," "Lime Spearmint Zest" and "Vanilla Mint Spark." Here's how the Crest marketing team describes the new paste: "It's a whole new world of deliciousness for toothbrushes everywhere."
To be sure, it's tough to be a giant consumer-goods company. Considering brand loyalty, there are arguably only three recipes for growth in the sector: geographic expansion, making better products, or luring new customers with new offerings.
Chocolate toothpaste is squarely aimed at winning new customers. Maybe it can shake up the toothpaste market the way P&G's Swiffer swept up mop sales or its Tide detergent "Pods" have been cleaning up in the laundry category. But lime and chocolate toothpaste have the flavor of desperation, a strategy stretch for a company struggling to increase sales and fighting criticism that it has lost its innovation mojo.
In the two full quarters since A.J. Lafley slid back into the CEO seat, P&G sales have climbed just 1.3 percent compared with the year-earlier period, while its profit has slumped 6.1 percent.
The company's biggest releases in that time include a really tough paper towel and a deodorant intended to fight stress-related sweat. Just Monday morning, Barclays analyst Lauren Lieberman told P&G executives that their product pipeline in the last few years has relied on a "massive bundling of benefits," rather than singular innovations.
At least vanilla toothpaste is a bold proposition, though it's hard to imagine it taking over the already ridiculously protracted mouth-cleaning market. The Crest brand alone already has 51 products on seemingly endless toothpaste shelves.
But what do I know? I'm just one man who likes boring toothpaste that doesn't try to taste like ice cream. If Internet DIY recipes are any measure, there are at least a few people out there who want to brush their teeth with chocolate.
More from Businessweek
I have been wanting to buy chocolate toothpaste for YEARS. I'd also like to see a company come out with a banana split flavor. My dentist's office offers those flavors when they do the deep cleaning. I'd love to be able to do those flavors daily.
Nasty......... Why? I wouldn't want my breathe to smell like a damn birthday cake right after I brush my teeth. Not to mention peoples little kids will eat it. I totally see this being on the tv show where people eat weird stuff.
Considering 99% of all toothpaste including gels, are mint flavored. I'm ready to try it. I hate mint.
Really? Why? This makes no sense and is counter intuitive. If you can't get kids to brush your teeth without something that tastes like candy this you have issues as a parent. You are brushing your teeth, not eating dessert. Crest, want to sell more product and save money? Then trim your offerings and focus on a good quality toothpaste that does what it claims. More flavors doesn't mean anything. True, I don't want toothpaste that tastes like $hit (no need to be like your eating a candy bar either), but rather I want a toothpaste that is of good quality and works. So stop focusing on the gimmicks and just give us a good quality product.
I think its time
How about going back to and actual paste instead of the watered down consistency currently offered.
Remember when using toothpaste you did not have to cover the toothbrush to have enough to actually work well?
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] You have a choice: you could watch the stock market today or you could watch paint dry. It's tough to determine which would be more exciting. We'll give the nod still to watching the stock market, because that's what we love to do, yet anyone would be excused if they opted for other pursuits on this hump day.
The main point of interest today has arguably been the sovereign bond markets in the euro area. Yields there continue to come down, pushing ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'