Cincinnati.Com
NKY.COM  |  ENQUIRER  |  CIN WEEKLY  |  Classifieds  |  Cars  |  Homes  |  Jobs  |  Help
Currently:
33°F
Flurries
Weather | Traffic
The Enquirer
HOME
NEWS
ENTERTAINMENT
SPORTS
REDS
BENGALS
LOCAL GUIDE
MULTIMEDIA
ARCHIVES
SEARCH
 
 TODAY'S ENQUIRER 
 Front Page 
 Local News 
 Sports 
-- Business 
 Editorials 
 Tempo 
 Home Style 
 Travel 
 Health 
 Technology 
 Weather 
 Back Issues 
 Search 
 Subscribe 

 SPORTS 
 Bearcats 
 Bengals 
 High School 
 Reds 
 Xavier 

 VIEWPOINTS 
 Jim Borgman 
 Columnists 
 Readers' views 

 ENTERTAINMENT 
 Movies 
 Dining 
 Horoscopes 
 Lottery Results 
 Local Events 
 Video Games 

 CINCINNATI.COM 
 Giveaways 
 Maps/Directions 
 Send an E-Postcard 
 Coupons 
 Visitor's Guide 
 Web Directory 

 CLASSIFIEDS 
 Jobs 
 Cars 
 Homes 
 General 
 Place an ad 

 HELP 
 Feedback 
 Subscribe 
 Search 
 Newsroom Directory 



 
Tuesday, April 09, 2002

P&G cuts price of Swiffer WetJet




By Cliff Peale cpeale@enquirer.com
The Cincinnati Enquirer

        Seven months after its introduction, the Swiffer WetJet costs half the price.

        Procter & Gamble Co., owner of the brand, cut the suggested retail price to $24.99 from $34.99 effective April 1. That follows a previous cut in January from the original $49.99.

        The brand, an extension of the successful Swiffer floor cleaner introduced in 1999, needs more distribution muscle in mass outlets, a spokeswoman said.

        The cut was a response to Clorox's lower-priced ReadyMop product, introduced after WetJet.

        It's emblematic of P&G's dilemma in pricing some of its new products, with consumers unwilling to pay premium prices for many of the company's brands if they have a choice.

        In the past several years, the company has lowered prices on brands such as Bounty paper towels and Luvs diapers.

        The price cut was “inevitable given the competition,” said Tom Vierhile, executive editor of Productscan Online, which reviews new consumer products. “It hurts the ability to command a premium price when you have a competitor making things difficult.”

       



N. Ky. to promote Ohio, too
Client loss forces Andersen layoffs
- P&G cuts price of Swiffer WetJet
Richest pay half of tax bill
Morning Memo
What's the Buzz?
Subsidiary of Kroger loses $30.6M lawsuit
Tristate Earnings Reports
Tristate Summary
Ameritrade acquires Datek
Iraq, Venezuela help oil prices to climb
Parched soil dries businesses

 

Latest Headline News
Updated Every 30 Minutes
BUSINESS NEWS

U.S. Rises in Auto Reliability Ratings

Congolese Shun Own Currency for Dollars

Delta Air Lines Posts $52M Profit in 3Q

Prepared Holiday Meals Up in Popularity

Christmas Returns to Wal-Mart Marketing


Cincinnati.Com
Search our site by keyword:  
Search also: News | Jobs | Homes | Cars | Classifieds | Obits | Coupons | Events | Dining
Movies/DVDs | Video Games | Hotels | Golf | Visitor's Guide | Maps/Directions | Yellow Pages

  CINCINNATI.COM  |  NKY.COM  |  ENQUIRER  |  CIN WEEKLY  |  Classifieds  |  Cars  |  Homes  |  Jobs  |  Help


Search | Questions/help | News tips | Letters to the editors | Subscribe
Newspaper advertising | Web advertising | Place a classified | Circulation

Copyright 1995-2007. The Cincinnati Enquirer, a Gannett Co. Inc. newspaper.
Use of this site signifies agreement to terms of service updated 12/19/2002.