3. KNOW ABOUTTHE DESIGN,IMPLEMENTATION AND
INTERPRETATION OF PRODUCT DEVELOPMENT & MARKET
STRATEGIES.
DIFFEREN ADVERTISEMENTTECHNIQUE
INNOVATION ,R&D AND ACQUISITION.
20. Seven global business units were established.
GBUs will help with global product
development and quick to market strategies.
21. GBUs had three teams:-
Business development team
VentureTeam
Marketing team
They then went for 50% innovation from P&G
network and 50% from non P&G network.
22. (THE HEART OF BRAND’S SUCCESS)
MARKETING
Heart of P&G success
23.
24. THEY FOLLOWED A MULTIBRAND POLICY:
It managed brands across a category
carefully, with each getting individual support
and satisfying a segment of the market.
25. P&G’s detergent category illustrated this;
Tide was offered as the premium brand; next
came Cheer, which “cleaned colors safely”;
Gain “had fresh scent”; at the bottom sat
Oxydol, which “contained bleach
26. Make P&G the top product-design company in the
world, a departure from P&G’s past focus on
function, performance, and price.
P&G did not use design as an antidote to its
function-driven process but rather as a
complement, helping consumers recognize,
understand, and in some cases even imagine the
functions of a given product.
27. P&G’s brands faced two moments of truth:
first, on the store shelf; and second, when the
consumer used the product and decided
whether it delivered on its promise.
28. It included promotional materials like
coupons, displays, special offers.
A shift fromTV and print to digital and direct
marketing .
P&G strove to develop metrics that measured
brand loyalty and customer relationships.
29. P&G’s marketing approach away from its traditionally
process-oriented and template-driven culture toward a
deeper understanding of who the product was for, what was
different about that consumer, and how that consumer
expected to use the product.
30.
31. Neuromarketing also played an increasingly important role in
studying consumer’s behaviour. P&G employed
psychological surveys to measure mood and
electroencephalography (EEG) technology to measure
electrical activity in the brain as subjects were exposed to
commercials.The approach held that feelings affected
decisions and human behaviour.
32.
33.
34. In 2005,Tide laundry
detergent launched a
highly successful post-
Katrina campaign, “Loads
of Hope.”Tide opened a
Laundromat in New
Orleans to wash survivors’
clothes .