William Procter and James Gamble formed Procter & Gamble (P&G) to manufacture and sell candles and soap. Being that Cincinnati was booming from its hog butchering trade the suggestion for the partnership apparently came from their mutual father-in-law‚ Alexander Norris‚ who pointed out that Gamble’s trade‚ soap making‚ and Procter’s trade‚ candle making‚ both required use of lye‚ which was made from animal fat and wood ashes. P&G began operations out of a small storeroom with Procter running
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Procter and Gamble HISTORY American multinational consumer goods co. Headquarters: Cincinnati‚ OH Founded 1839 2012 $83.68B dollars in sales High 3Q 2010 earnings made analysts question if it was attributed to P&G lowering product prices. There are consistent price increases and decreases within the markets of Procter and Gamble. Reverts to pre-crisis 2008 when in inflation in central and Eastern Europe was still climbing. P&G raised prices during this time to off-set inflation
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1. Introduction Procter & Gamble (P&G) is an American multinational corporation founded in 1837 headquartered in downtown Cincinnati‚ Ohio and manufactures a wide range of consumer goods. P&G’s annual sales are $50 billion and it has about 54 percent of consumer product business in United States. P&G sells more than 300 brands including soap‚ pet food‚ Tide‚ Pampers‚ Crisco‚ and Folgers. They exist in 160 countries. 2. Analysis When they started to open up to the world‚ their business strategy
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Procter & Gamble‚ Inc. Scope Company Background Scope is a major brand in the health care division of Procter & Gamble‚ Inc. that has historically competed on the basis of delivering fresh breath and killing germs. Scope was the first brand to compete with both protection against bad breath and better taste‚ and entered the mouthwash market in 1967 to compete with Listerine. After company market research in 1990‚ Scope managers could see that in Canadian households mouthwash was used on average
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Segmentation‚ Targeting‚ and Positioning: P&G | | | Procter & Gamble‚ one of the world’s premier consumer goods companies. Some 99 percent of all U.S. households use at least one of P&G’s more than 300 brands‚ and the typical household regularly buys and uses from one to two dozen P&G brands. How many P&G products can you name? Why does this superb marketer compete with itself on supermarket shelves by marketing seven different brands of laundry detergent? The P&G
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Creating innovation for competitive advantage: A Procter & Gamble case study Introduction Companies must innovate in order to keep ahead of their competitors. If an organisation wants to create a business strategy that keeps it at the forefront of innovation‚ it must develop ways of making that strategy work. Being innovative does not just involve using the expertise of market researchers‚ scientists and product developers to create new products. It also involves using the capabilities
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9-404-124 REV: JULY 12‚ 2005 THOMAS J. DELONG‚ WARREN BRACKIN‚ ALEX CABAÑAS‚ PHIL SHELLHAMMER‚ DAVID L. AGER Procter & Gamble: Global Business Services Dave Walker‚ vice president of Business Service Opportunities and chairman of the Governance Team at Procter & Gamble‚ sat and stared at the reports and presentations that were piled on his desk. As head of the Governance Team‚ Walker was responsible for leading a lengthy review aimed at answering one question: “What should P&G do with its
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Collaboration and Innovation at Procter and Gamble I. Introduction Procter & Gamble is the largest manufacturer of consumer products in the world. P&G has a reputation for developing successful brands and maintaining their popularity with unique business innovations. Beauty Care‚ Household Care‚ and Health and Well-being are the three main units of business operations at P&G. Each of these business units are further subdivided into more specific units. P&G has three main focuses as a business
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Procter & Gamble (P&G)‚ a multinational corporation‚ known for its products that include diapers‚ shampoo‚ soap‚ and tooth-paste‚ was committed to improve value to the customer. Its products were sold through various chanels such as grocery retailers‚ wholesalers‚ mass merchandisers‚ and club stores. The flow of goods in the retail grocery channel was from the factory’s warehouse to the distributor’s warehouses‚ to the stores where the grocery stores where customers selected the merchandise from
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PROCTER & GAMBLE (P&G) Going Local: Procter & Gamble’s Homegrown Success in Japan Key Points • Carries out extensive local market R&D and also uses what is develops elsewhere in the region • Produces and distributes goods locally‚ tailoring processes to fit Japan’s market • Chose to base itself in Kansai • Remains committed to Japan despite strong competition • Continues to expand into new product lines through strategic M&A Procter & Gamble entered Japan in 1972 when it started a ¥2 billion joint
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