But we can estimate that in future years, HPL will inevitably be involved in intense competition. On the one hand, as shown in Exhibit 2&3, the market of personal care products, as well as private label industry, tends to increase steadily but slightly annually. This growth is driven by modest price increase and consumer acceptance. On the other hand, 80,000 new products launched each year. To cling to its market position and further develop to satisfy its mission, HPL may need greater share of the value chain, more shelf space and more products.…
Procter & Gamble is a Fortune 500 company. Their views of combining their business ethics and what is best for their communities is what makes this company a success. The executives that run this company and the products they develop and manufacture make for a winning team. Their mission statement says “We will 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. As a result, consumers will reward us with leadership sales, profit and value creation, allowing our people, our shareholders and the communities in which we live and work to prosper.” Procter & Gamble is in over 180 countries and is hoping have one billion new customers by 2015; going into countries that have a higher poverty level is one way they are planning to achieve this goal They are already going into the back country of China to sell their products to the poorest of poor customers. Their CEO Robert McDonald has big plans and aims high since becoming the CEO of Procter & Gamble and is well on his way to making all this plans move along effectively. In this final essay I will be digging deeper into Procter & Gamble and giving an Executive summary about the current state of Procter & Gamble, discussing technological opportunities, marketing opportunities, the recruitment presentation and future opportunities.…
Purell Instant Hand Sanitizer is a portable hand washing solution that cleanses hands without the need for soap and water. In 1997, GOJO Industries entered Purell Instant Hand Sanitizer into retail sale, and the American public embraced the product. However, as large US Competitors have entered the hand sanitizer industry, which is now worth over $400 million every year, Purell’s market share is diminishing. Although still the market leader in the industry, GOJO must fight for revenue opportunities. One way to do that is to take Purell into international markets.…
Given the market research and study’s, newly appointed product manager Phoebe Masters must choose what size and test market to deploy the new design for Soft and Silky Gel. Not only does she face competition in the market and industry, but also internal competition with Masters’ brand assistant, Heather Courtwright. (Kerin, 2009) Whatever choices and decisions, it must continue to provide the quality product that brand loyal customers seek. It must also yield the proper price and margin to continue to grow profitability for the company. (Kerin, 2009)…
Procter and Gamble’s mouthwash product, Scope, had a 32% share of the Canadian mouthwash market in 1990. However, Plax, a new category pre-brushing mouthwash launched in 1998, poses a continuing threat to Scope market share. In early 1991, Procter and Gamble’s brand manager for Scope, Gwen Hearst, must decide on a course of action for maintaining the profitability of Scope. She is tasked with developing a three-year marketing plan for Procter and Gamble’s mouthwash business. Decisions include how to respond to the emergence of mouthwashes, such as Plax, that focus more on “health-related benefits” and whether a line extension or brand extension would be most advantageous to the company in profiting from this emerging market segment. Hearst can also recommend that Procter and Gamble (P&G) not pursue a line or brand extension.…
The problem for Procter & Gamble`s (P&G) “Scope” brand is that their share at mouthwash market is slightly going down while a new brand called “Plax” launched by Pfizer Inc. has gained a %10 market share in a very short time period which created a situation that left “P&G”s management team in dilemma for how to respond.…
that they are doing something right. A company doesn't last as long as P&G if they are not producing quality products. This history also plays a major role in one of P&G's other strengths, their brand awareness. Although outside of the business world Proctor & Gamble may not be that familiar of a name, the products they produce, such as Pampers, Tide, and Crest are relatively well known across the nation. It is not question that when a consumer recognizes a brand it relates some sense of quality to that consumer. The third major strength from the list is P&G's diverse product line. Proctor & Gamble have a strong presence in several product segments in the consumer goods market,, such as fabric and home care, beauty care, baby & family care, healthcare, and snack & beverages. With so many different successful products in their arsenal, it is no wonder why Proctor…
Procter and Gamble (P&G) throughout its journey of many years is one of the world’s largest consumer goods company with sales of nearly 80 billion dollars and a net profit of about 10 billion dollars. P&G exists in more than 180 countries with its brands that calculate up to 25 billion dollars. The company P&G is well known for its high quality brands such as Pampers, Tide, Gillette, Downy, Pantene, Olay, Dawn, and etc. All of these brands are items that we as human beings use in our everyday life. P&G needs to keep up effective strategies in order to maintain a competitive advantage for its competitors due to the company’s renowned brands. The strategy that P&G uses that gives them a competitive advantage, P&G rebrands the line of its products and selling them at a lower price. Another option for P&G is expanding in the markets by collaborating with local businesses many geographical regions. Overall, P&G provides its consumers with healthy products as well as providing specialized products for me.…
Established in 1837, Proctor and Gamble (P&G) had developed a holy grail of principles and practices. Its philosophy is focused on individual talents, abilities and how best to make use of them. P&G source this talent from within the organization attracting people willing to spend their entire career with the company. Proctor & Gamble has developed a reputation of caution in the industry of household 's sundries and personal care products. It 's marketing strategies and judgements towards different markets stand out to the competition. Extensive marketing research and testing are "trademarks" that distinguish P&G in the industry. "Internal operations at P&G are described as thorough, creative, and aggressive by some, and slow, risk averse, bureaucratic and rigid by others. There was probably an element of truth in both descriptions" 1. Each brand at P&G is in competition with the other. P&G entered the British market in 1926. It developed its European…
Tambrands approached Procter & Gamble about buying out the company. They decided to sell the company to Procter & Gamble due to their recent success in acquiring and selling products across the world. With the established leverage that Procter & Gamble can provide Tambrands will be enabled to reach its full potential. P&G has targeted countries like Mexico and Venezuela and have conducted many focus groups on how to best offer and educate the needs of the women in those target markets. They take on challenges such as the virginity myth by educating women through demonstrations. Not only is P&G educating women in Latin America they have also established websites and partnered with the HERO…
According to John Dewey, “a problem well defined is half solved.” From the case, the main problem is how P&G should capitalize in the intense competition market (objective), especially with the launch of Plax to ensure the continued profitability of Scope and sustain to be the 1st place in the mouth wash industry (success measure), given the differing points of view from the various business team members (constrain). To achieve the goal, the company must be innovative to invent a new positioning strategy for Scope and focus more on "health-related benefits" products. Furthermore, from the case, we notice that Listerine, one of the major competitors of Scope had become popular and took over the leading brand name in the market. So currently Listerine has become the first choice of the consumers instead of Scope. Therefore P&G should identify the best alternative and develop a new plan in order to achieve their mission: provide branded products and services of superior quality and value that improve the lives of the world's consumers for now and next generation.…
Procter & Gamble started in 1837 with William Procter and James Gamble coming together to make and sell candles and soaps. This simple business has since transformed into a global manufacturing, distribution and marketing company providing over 300 brands to consumers. Today, Procter & Gamble is the world’s biggest consumer products company with more than $80 billion in sales. It manufactures and produces a variety of products that feature a high standard of quality, practicality and value.…
Companies such as Reebok, L’Oreal, Playboy, KamaSutra, Wipro Consumer, Spencer’s, Zodhita Health Solutions, Future Group (through its private brands) and many more have forayed into the deodorant segment. Raymond’s J.K. Helene Curtis recently expanded its Park Avenue deodorant range with seven new variants; Hindustan Unilever Ltd (HUL) launched an anti-perspirant called Sure and CavinKare launched Hi 5 around IPL adding to its existing Spinz, Adidas and Jovan brands. Talking about the growth in the deo category, Devendra Chawla, Head — private brands, Future Group, was quoted as saying, “We are leveraging on the insight that consumers are going for office wear, evening wear and party wear. We used this occasion route to create different variants.”…
Procter and Gamble (mostly known as “P&G”) is one of the most known company in the world. They are producing and selling consumer- goods products like Tide, Safeguard, Joy and many more. Procter and Gamble is also known as a company that compete with its self by making product with the same usage but with different varieties. They make different products with different use because they believe in the fact that different people want different mixes benefits.…
Nowadays, the competition in the fast-moving consuming product market is quite serious. Founded in 1837, Procter & Gamble is one of the largest consumer products companies in the world. In fiscal year 2007, it had annual revenue of US$ 68.2 billion, and ranked 74th on Fortune 500 list of the world's largest corporations. P&G Greater China business includes Mainland China, Hong Kong and Taiwan, which were established in 1988, 1987 and 1985 respectively. In order to compete with its biggest rival Unilevel, it’s necessary for P&G to trace the consumer’s behavior and habit in order to keep its leading brand and further expand its market share. P&G has a long history of success - a direct result of finding out what consumers want and developing superior-quality products to best meet their needs. P&G was among the first companies to establish in 1924 a special department for market research to identify consumer preferences and buying habits. This research is carried out in China mainland and nearly all the statistics and information are found on the internet. Our aim is provide branded products and services of superior quality and value that improve the lives of the word’s consumers, now and for generations to come. As a result, consumers will reward us with leadership sales, profit and value creation, allowing our people, our shareholders…