Report on Marketing Strategy For Procter and Gamble Executive summary Marketing strategy spells out the strategy to achieve certain objectives. To execute the assigned requirement, United Kingdom perspective of Procter and Gamble has been chosen. In the first part of the report situational analysis, industry analysis, STP analysis and performance analysis has been shown. Situational analysis is comprised of PEST analysis and SWOT analysis. P&G has strong brands image and customer loyalty and these are their significant strengths. In contrast, they are facing threats of substitute products of competitive rivals like Unilever, Johnson and Johnson and so forth. The personal care industry in UK is very much competitive as market is …show more content…
SWOT analysis includes strengths, weakness, opportunity and threats. 1.1.1 Strengths Procter & Gamble has strong brand to its name. It boasts 24 billion dollar brands and it has 50 strong leadership brands which bring nearly 90% of sales and profit in UK. The company is in the dominant position in case of detergents, diapers and care products since it has acquired a numbers of beauty and care companies in the United Kingdom. The company has strong distribution channels, large scale in operation, lean production system, and heavy investment in research and development and higher profit margin than industry average. It has wide global exposure with mass production in eighty countries, selling in 180 countries and efficient distribution channel. 1.1.2 Weakness In UK, the consumer market for P & G is matured and there is very little possibility to expand the market. In contrast, the emerging market outperforms the mature markets like UK over the forecast period putting P & G in a valuable position. In case of the market of UK the company is eroded the market shares in a number of categories like bath and shower where Unilever is doing well now a days. P & G produce health care and beauty care products mainly for women which cannot attract the most of the male customers. 1.1.3 Opportunities Procter & Gamble is well positioned to take
Procter & Gamble Co is an American global consumer goods company. P&G have various products that range from personal hygiene products to household products.
Developing strategies in relation to any application of marketing suggest a marketer’s ability to comprehend and align business practices with the need of the consumer and business simultaneously. Strategies present challenges whether domestic or international markets are the emphasis. The ability to set customary prices, have market presence, encouraging advertisements and publicity, understand the competition, develop accurate communication, a complete SWOT analysis including domestic and international markets, and customizing the target market, present boundless opportunity that consumers appreciate and market recognition. At each stage of
Proctor and Gamble-Scope is faced with a very important decision, they need to prepare a marketing plan for P&G’s mouthwash business for the next three years. They want to know how they are going to be able to
The main issue of the P&G Korea case is centered around the question of market share. P&G and Unilever are the two major market shareholders in the Korean detergent industry holding 80-85% of the total market share. The remaining 15-20% of the market is held by low-priced local Korean brands. There are no new markets either company can tap for further market share since most Korean households already use laundry detergent, making the market saturated. Other than peripheral chemical changes claimed to be “improvements”, there are no major innovations to be explored for product development or diversification. Per Ansoff’s strategic opportunities matrix, P&G and Unilever are both focused on Market Penetration,
Discuss what is meant by the term “customer orientation”. Illustrate with examples how companies demonstrate their customer orientation by reference to at least two elements of the marketing mix.
Procter and Gamble Co. also know as P&G, is an American multinational consumer goods company, founded by William Procter and James Gamble. Its products include cleaning agents and personal care products. It has in its kitty global brands such as Ariel and Tide in the Fabric care segments and Head & Shoulder, Pantene and Rejoice is the Hair care segment. For this case study selects P&G Company as it has an important role in the consumer segment products. As P&G was a popular company, the financials statement shows better performance in the previous year.
P&G is a multinational Organization of consumer goods situated in United States. It sells products like personal care, cleaning agents, pet foods. The P&G Company is well known for its unique strategy which cares about the need of human. It not only makes its product available to its consumers but also tries to improve the life of its consumers. This strategy is more focus on its consumers wants and that is why it has an appeal to the heart of the consumer. The company has diversified its product line and also acquired other companies which have significantly contributed in the growth of their profitability.
As a large global company, P&G has strengths that have helped them to acquire such a vast market share. The company’s culture, strong product quality, the ability to understand customers, brand equity, and centralized management is at the
The proposals that we are going to depose are a planning of continuous action in order to confront the challenges, which BT confronts. The most important factor is considered to be the fact that the marketing environment changed rapidly after the deregulation of the telephone industry. Up to then BT was operating as a monopoly, ignoring the competition and ways to face it.
Marketing is an essentially about marshalling the resources of the organization so that they can meet the changing needs of the customers on whom the organization depends. As a verb, marketing is all about how an organization addresses its markets. Marketing is “The management process which identifies, anticipates and supplies the customer requirements efficiently and profitability”.
Top managers develop long-range plans, called strategic plans that define the company's overall mission and goals. Strategic planning focuses more on issues that affect the company's future survival and growth. To develop strategic plan, top managers also need information from outside the company, such as economic forecasts, technology trends, competitive threats, governmental issues and shareholder concerns.
P&G is performing ncreasingly well. It is a company made up of many leading brand. It sells products from 10 categories. Among them, 21
The old man and the Sea is a very popular novel written by famous novelist Ernest Hemingway. Its major events take place in the 1950’s in a small Cuban fishing village. The major events of the novella are narrated to the readers by a wise narrator who has all the knowledge about the characters of the novel. The third person narrative of the narrator is mostly focused on the actions of the Santiago and his assistant Manolin. The novel is a simple piece of art with multiple meanings. Different kinds of people can easily relate to different themes narrated in this novel.
Procter & Gamble (P&G) is a Fortune 500 American multinational company, and a world 's leading consumer goods company. P&G’s work is driven by a Purpose of providing branded products and services of superior quality and value to improve the lives of the world’s consumers now and for generations to come. P&G now has 50 Leadership Brands, which are among the world 's best known and which account for more than 90% of P&G sales. P&G entered the Chinese market through a joint venture in 1988. Now, P&G is the most successful foreign marketer in China as measured by market share.
The Procter & Gamble business strategy is to focus on creating new brands and categories so the company can focus on being the best in branding, innovation and scale. This is what sets this company apart from many of its competitors. The Proctor and Gamble are the global leader in all of their core businesses within the company which consists of laundry, baby care, hair care and feminine protection. This report is designed to understand the company’s business model and strategies, and analysis how the P&G has formulated its business-level strategies to pursue its business model.