The Daily Stat: Laundry-Detergent Innovation Hurts Its Own Industry

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile APRIL 8, 2013 Laundry-Detergent Innovation Hurts Its Own Industry Consumers have typically responded to the increased liquid concentration of laundry detergents by using more than the recommended amount—a windfall for consumer-products companies. So the advent of premeasured detergent pods has been bad for profits, says the Wall Street Journal. Total U.S. sales of laundry detergents fell 2.1% in the 12 months to March, and sales are down 5.1% in dollar terms from three years ago, before the pod era began, the Journal says. Source: Is Innovation Killing the Soap Business? Share Today's Stat: FEATURED PRODUCT Financial Intelligence Collection: Savvy Advice for Managers Looking to Increase Their Knowledge, Confidence, and Impact (4th Edition) Special Collection The Financial Intelligence Collection gives managers mastery of the financial basics they need to plan, budget, forecast, and control resources with confidence. It will enable you to mine every bit of meaning from the financial reports that cross your desk, to employ financial techniques that can multiply your effectiveness, and to foresee business opportunities that remain invisible to others. If you're not a "numbers person," this is the perfect way to learn what you've always needed to know. ADVERTISEMENT Follow the Stat: BEST SELLERS HBR's 10 Must Reads: The Essentials HBR's 10 Must Reads Boxed Set HBR Guide to Persuasive Presentations HBR Guide to Better Business Writing HBR Guide to Getting the Right Work Done PREVIOUS STATS Why We Get Sucked into Trivial Decisions Corporate Fraud Loves Company Prices with More Syllables Seem Bigger to Consumers Market Forces Make the U.S. a World Leader in CO2 Reduction For Greater Happiness, Spend Less Time Working and Commuting How a Federal Tax Gave Us Bebop A Vicious Cycle: Cuts in News Coverage Alienate Readers Many High School Grads Say "No, Thanks" to More-Selective Colleges The New Baseball Manager's Job Is to Reverse the Previous Guy's Bad Choices Startups with Female Directors Have Better Chance of Survival Introducing Mobile ManageMentor Powered by the proven content of Harvard ManageMentor™ iTunes >> Android >> UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. OPT OUT If you do not wish to receive any email messages from Harvard Business Review, click here. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2013 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)