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Essay heading: grand strategy
 
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Issue: Business
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Date added: August 19, 2007
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No of pages / words: 4 / 880
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The plan was financially possible since it would only require the company to invest $15-20 million to launch the products in the retail locations and the bulk of the expenses such as advertising, overhead, and employee salary, would be carried by the departments stores. The baby boomer segment, estimated at 81 million people was comprised of individuals aged 35-53 years old and the largest demographic segment...
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The boomers were expected to grow 16 percent over the next five years reaching $1,080 billion by 2003. This segment outspent all age groups in virtually every category including categories not targeted to them. These consumers sought products which could reverse or halt the aging process with hair coloring products and that protected the skin from environment stresses, such as pollution...
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