P&G was founded in 1837 by William Procter and James Gamble. It is a global leader in fast moving consumer goods with more than 2 dozen $1 billion brands. P&G interacts with over 5 million customers annually through over 20,000 consumer studies costing over $500 million to develop superior quality, branded products and services. P&G's marketing strategy focuses on innovation through research and development, strong brand portfolios, and understanding consumer preferences to improve people's lives now and for future generations.
2. To provide branded products and
services of superior quality and value
that improve the lives of the world’s
consumers, now and for generations to
come.
3.
4. On October 31, 1837 Procter & Gamble
was created by William Procter and James
Gamble, both born in the United Kingdom
of Great Britain and Ireland
Global leader in FMCG sector.
More than 2 dozen $1 Billion brands.
First company to directly advertise to its
consumers in 1880s.
18. CONSUMER FOCUS
P&G interacts with more than 5 million
customers in more than 100 countries and conducts
more than 20000 researches each year, spending
more than $500 million.
19. CONSUMER FOCUS
Observations from researches:
• Advocacy( word of mouth) was the most effective
way of marketing, found under company’s Vocal
Point campaign.
• Neuromarketing helped them understand how
feelings affected decisions and human behavior.
20.
21. • P&G has always been
advertising trailblazer.
• Developed “media neutral”
idea that can be translated
across range of media.
• Shifted towards more design
and emotion driven advertising.
.
31. Created by Ravi Prakash Singh, NIT Patna
During a marketing internship by
Prof. Sameer Mathur, IIM Lucknow
Editor's Notes
On October 31, 1837 Procter & Gamble was created by William Procter and soapmaker James Gamble, both born in the United Kingdom of Great Britain and Ireland.
In 1858–1859, sales reached $1 million.
On October 31, 1837 Procter & Gamble was created by William Procter and soapmaker James Gamble, both born in the United Kingdom of Great Britain and Ireland.
In 1858–1859, sales reached $1 million.
SITUATIONAL ANALYSIS(1)
CASE HIGHLIGHTS
PNGs marketing secret sauce: innovation
PNGs marketing secret sauce: innovation
In 1887 established one of the first coorporate labs.
Set up GLOBAL BUSINESS UNITS(GBUs) replacing geographic business units
GBU:
BUSINESS DEVELOPMENT teams
Venture teams
market development organisations
Strategy named Connect to develop
50% of innovation and new products in 90s come from pngs own labs and rest from associate labs
Successful products such as SWIFFER DUSTERS, Olay Regenerist, Crest came into exisitance.
Consumer focus
P&G interactes with more than 5 million customers in more than 100 countries and and conducts more than 20000 researches each year, spending more than $500 million.
Consumer focus:
Observations from researches
Advocacy( word of mouth) was the most effective way of marketing, found under company’s VocalPoint campaign.
Neuromarketing helped them understand how feelings affected decisions and human behaviour.
Advertising:
P&G has always been advertising trailblazer
Advertising:
P&G has always been advertising trailblazer
Developed “media neutral” idea that can be translated across range of media.
P&G shifted towards more design and emotion driven advertising.
Product based websites
Mobile add campaign “Irresistibility IQ Quiz”
SepFacebook page for each product
arate Manof thehouse.com for household advice for men.
Capeesa foe women on Youtube.
Old spice Youtube video campaign attracted 13.7 million views
Community promotion:
sales
Whats next:
Digital marketing along with campaigns
R&D improvement
Consumer research and product performance
Emotion, desiign and function driven marketing strategies.
Fuel prices:
Losses more due to falling fuel prices. As thry have to reduce prices and the local fliers based on oil economy also cuts flying experience. So in order to stay in competition they have to slash the prices which in the end leads to losses