"Helloooo, ladies!"
That's the come-on intoned by the buff actor in Procter & Gamble Co.'s Old Spice commercials, imploring women to stock up on the men's grooming products for their significant others. It turns out, though, that some are stocking up for themselves.
Young women are embracing Old Spice — long known as the brand dad kept in the medicine cabinet — even as P&G's marketing continues to focus on their male peers. Sarah Olivieri, who started an "Old Spice for Women" Facebook page, said she came to the product for health reasons after searching for a deodorant that wasn't an antiperspirant. Its relatively low price and newer scents also appeal to Old Spice's fans.
"There's a lot of women out there who, for different reasons, like to use Old Spice," said Olivieri, 33, who runs a media company in Rifton, N.Y.
The brand's female inroads represent a small positive for P&G's struggling beauty division, which accounts for about 23 percent of the Cincinnati-based company's revenue. The unit's sales declined 2 percent in the six months that ended Dec. 31 from the year-earlier period.
The whole industry is contending with sluggish growth over the next four years, underscoring the need to find new buyers for its wares. Sales of home-care products are forecast to rise just 2.4 percent a year from 2014 to 2018, according to Euromonitor International.
Cultivating unintended audiences is a delicate process. While pushing a brand's boundaries can fuel growth, the risk is alienating the existing market. The newfound customers also might not want to be courted directly, said Delia Passi, founder of Medelia, a firm in Hollywood, Fla., that advises corporations on selling to women.
"Once you go out with a marketing campaign around it, then it's not cool anymore," she said.