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REDEFINING YOUR MARKET

Case2 niharika p&g

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REDEFINING YOUR MARKET

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About usTHE FIRST COMPANY TO ADVERTISE DIRECTLY TO CONSUMERS INVENTED “SOAP OPERAS” sales $78.94 billion

net income $12.74 billion

market capitalization $186.63 billion

Sales Household care , beauty and grooming health and well-being

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1980s, global expansion: developed its first global brands, including Always/Whisper, Pringles, and Pantene.1981 the citrus processing company Frostproof, prescription drug business, Norwich Eaton Pharmaceuticals and Richardson-Vicks ,G.D. Searle’s nonprescription drug division in 1985.

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1990s, U.S.’s top cosmetics company Noxell (CoverGirl and Noxzema) in 1989 and Max Factor in 1991. In 2003, pet-care market acquiring pet food manufacturer Iams (for $2.3 billion).

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Innovation and R&D: P&G Marketing’s Secret Sauce

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INNOVATE

THE IMPOSSIBLE

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Marketing Strategy CLAUDIA KOTCHKA

DESIGN

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Commitment to the Consumer VOCAL-POINTE-RETAILING

NEUROMARKETINGPSYCHOLOGICAL SURVEYS

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Advertising “If you go back at Procter & Gamble, and in a lot of the industry, we often thought of our brands in terms of functional benefits. But the equity of great brands has to be something that a consumer finds inspirational and an organization finds inspirational.”

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Advertising The first product to be advertised directly to consumerssold directly to consumers

SOUTH KOREA VS

JAPAN

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P&G-SPONSORED DAYTIME DRAMAS

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SPONSORSHIPS

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Media Spending

shifted to coupons and in-store promotional activities

shifting ad costsincreased ad spending by $1 billion20% increase in media impressions

2010shifting dollars to digital advertising and

other new media to broaden the audience.

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Digital Marketing

Social Media

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Interactive CommunityPromotion

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Moving Forward “The Man Your Man

Could Smell Like”

“Thank you, Mom”

“Loads of Hope”

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SUMMARY

Digital Marketing Social Media Interactive Community

Promotion Media Spending

Advertising

Commitment to the Consumer Innovation and R&D:

P&G Marketing’s Secret Sauce

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DISCLAIMER

CREATED BY NIHARIKA YADAV,NIT RAIPUR,DURING A MARKETING INTERNSHIP

UNDER PROF. SAMEER MATHUR, IIM LUCKNOW