p&g – marketing capabilities
TRANSCRIPT
P&G – Marketing Capabilities
Current Situation
Innovation based brands
Lowering the cost
Each brand
serves a segment
Customer Centric
Design + functional excellence
Leveraging the P&G
brand name
Commitment to customers Know customers through focus groups,
discussion, in-store interviews. Recruit market research agencies
Believes in direct Marketing
Innovative techniques,
example- Soap operas
Maintains Relations with advertising
agencies
Also Relies on… Sponsorship of events to enter and brand in new
markets
Celebrity endorsements
Firm on marketing budget
Did not change marketing
spending during crisis
Shifted means of promotion
That promoted P&G to wider
audience
Digital and Social Media Social media was never made primary medium by
P&G, it was always a supplement It created digital platform to promote 2-way
interaction. It always lays emphasis on research to understand
customer behavior on digital platforms and designs strategies accordingly
Used scientific approach Connected research to sales and marketing
GBUs
A business development
teamVenture team
Market development organization
Time for a fewquestions
What exactly this case focuses on?
This case focuses on Marketing strategies of P&G, its core values, its innovation in marketing
and its evolution over the years
Strengths of P&G? Product R&D orientation Constant innovation Customer loyalty
Weaknesses? According to the case there appears to be very
little weakness of P&G
Opportunities? Exploring more markets and developing new ones!
Threats? Being copied by competitors
Never give the customer a reason to switch away from your brand.
Always determine if an innovation is brand specific or generic.
Competition will always follow your technology not your brand.
Always test your worst case scenario before launching your product