Newell Rubbermaid's Iconic Sharpie Brand Addresses Consumer Needs with New Pen for Everyday Writing
June 30 2008 - 8:00AM
PR Newswire (US)
Specially formulated permanent ink delivers same bold colors and
smooth performance without bleeding through paper ATLANTA, June 30,
2008 /PRNewswire-FirstCall/ -- Newell Rubbermaid (NYSE: NWL) today
announced the debut of Sharpie(R) Pen. An innovative extension from
one of the most widely recognized brands in consumer products,
Sharpie Pen addresses consumer needs by delivering the bold,
smooth, high-quality writing experience associated with Sharpie
markers but with the performance of a pen that doesn't bleed
through paper. The new Sharpie Pen line extends the brand's
presence beyond markers and highlighting into everyday writing so
that the Sharpie brand can now be found in three key writing
segments of the office products category. (Photo:
http://www.newscom.com/cgi-bin/prnh/20080630/CLM012 ) "We developed
the Sharpie Pen based on our research that consumers wanted the
bold quality of a Sharpie marker for all their everyday writing
needs," said Howard Heckes, president of Newell Rubbermaid's
Markers, Highlighters & Art Products global business unit.
"With this line extension, we expect to drive incremental growth
for the brand and maintain a leadership position in all three
writing segments." Sharpie was introduced in 1964, and through the
years the bold, permanent markers have reached cult status with
many American consumers. More than 400 million Sharpie markers are
produced each year, which translates to about four Sharpie markers
per U.S. household. According to Sharpie consumer research, Sharpie
markers evoke feelings of confidence and inspiration, hallmarks of
brand loyalty and a key component of Newell Rubbermaid's overall
brand strategy. The launch of Sharpie Pen further delivers on
Newell Rubbermaid's commitment to consumer-driven innovation. The
stylish design gives it a high-grade physical appearance, while
providing comfort and performance. The ink is fade-, water-, and
smear-resistant when dry, and the unique plastic tip allows for
durability. The fine tip size ensures crisp, precise and consistent
line-width, making Sharpie Pen ideal for thank-you notes, birthday
cards and note-taking at home, work and school. The Sharpie Pen
also reflects the emergence of new and non-traditional uses of the
product by consumers, including office workers using Sharpie
markers to take notes and teens using them to create colorful
artwork on their shoes and jeans. As a result, the brand looked for
ways to expand to meet consumer needs and grow the business.
Consumer insights highlighted the opportunity to expand into the
everyday writing segment. Helping pave the way for the creation of
the Sharpie Pen was the 2007 launch of the Sharpie Ultra-Fine
Retractable marker. An extension of the Sharpie Retractable product
line, the Ultra-Fine Retractable marker features a smaller tip size
for writing versus marking. There is no cap to lose, and the
retractable feature means it can easily be opened and closed with
only one hand. Also included is a Safety Seal(TM) Valve which helps
prevent drying out. An immediate hit with consumers, the Sharpie
Ultra-Fine Retractable marker brought the Sharpie line closer to
featuring an everyday writing instrument. Sharpie Pen comes in four
colors -- black, blue, red and green -- and is now available in the
gel/rollerball pen section at national retailers including Office
Depot, Staples, Target and Wal-Mart, with a suggested retail price
of $1.79 for a single-pack, $3.58 for a two-pack, and $7.16 for a
four-pack. About Newell Rubbermaid Newell Rubbermaid Inc., an
S&P 500 company, is a global marketer of consumer and
commercial products with sales of over $6 billion and a strong
portfolio of brands, including Rubbermaid(R), Sharpie(R), Graco(R),
Calphalon(R), Irwin(R), Lenox(R), Levolor(R), Paper Mate(R),
Dymo(R), Waterman(R), Parker(R), Goody(R), Bernzomatic(R) and
Amerock(R). The company is headquartered in Atlanta, Ga., and has
approximately 22,500 employees worldwide. This press release and
additional information about Newell Rubbermaid are available on the
company's Web site, http://www.newellrubbermaid.com/ . NWL-PR
http://www.newscom.com/cgi-bin/prnh/20080630/CLM012 DATASOURCE:
Newell Rubbermaid Inc. CONTACT: Nancy O'Donnell, Vice President,
Investor Relations, +1-770-407-3994, Connie Bryant, Manager, Public
Relations, +1-770-407-3671, both of Newell Rubbermaid Inc. Web
site: http://www.newellrubbermaid.com/ Company News On-Call:
http://www.prnewswire.com/comp/138728.html
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