7. The Product in Marketing
7.1 Creating a New Market and Product Life Cycle
Dr. Onur Yaprak - P&G Brands’ Manager
It is never easy to create a market from scratch. However, it was really something else to carve out a niche for the women’s hygiene products market, which was a totally taboo subject in Turkey in the 1970s.
Dr. Yaprak explains how they created a new market with reference to Orkid and how they managed to keep the brand young through different stages of its product life cycle.
In the last 10 minutes of the Q&A session, product life cycle concept is addressed in detail, using the Orkid example.