Direct to Consumer Disrupting Established Markets
InnovationManagement
MARCH 19, 2018
In 2010, the Gillette brand, which is owned by Proctor and Gamble, held 70% of the U.S. market for razors. It boasted continuous innovation in product design, and enjoyed a gross margin of around 60%. Its market share has now slid to around 50%. They are Harry’s and Dollar Shave Club.
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