not buy blades as often because their blades will not dull out as quickly. The quality of a blade will also play a role. If the quality of a blade is not good‚ it will dull out quickly. This can generate demand for higher end blades‚ which is where Gillette can capitalize on generating demand for their blades. Another factor is what appears in the media. When people consumers watch movies and television commercials and see good looking‚ well groomed actors‚ they will follow suit and emulate the
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P&G-Gillette Introduction On January 28th 2005 P&G agreed to buy Gillette for $57bn (£30). Gillette was the number 1 in razor accessories and proctor gamble was number 1 in consumer products‚ a marriage of the best in their respective industries. The merger of the two companies created “the world’s largest consumer products conglomerate.” Gillette was a leader in its category of razors and batteries‚ merging with P&G provided it access to P&G’s technology and marketing skills
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Team Research Paper Case # 22 Procter & Gamble ’s Acquisition of Gillette Professor – Dr. Lisa Eshbach By Andrea West Inderjit Gill Rajiv Shah Company Information [pic] Procter & Gamble Co. One Procter & Gamble Plaza Cincinnati‚ OH 45202 United States Phone: 513-983-1100 Fax: 513-983-4381 http://www.pg.com [pic] Synopsis – Procter & Gamble ’s Acquisition of Gillette Where would the world be without Procter & Gamble? No Ivory soap‚ no Oil of Olay‚ no Jif peanut
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Carlie HackmannMythological Companies Gillette Venus How you ever noticed how many Mythological places or figures are used in the names or logos of companies today? Although many people don’t believe in the Greek and Roman gods‚ they are very famous‚ or sometimes infamous‚ because of their fascinating stories. Many business owners use mythological figures to help portray their company’s product or service. Gillette Venus‚ for example‚ bases their name off of the Roman goddess Venus‚ also known
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Sri Lankan Airlines Vision statement “To be the most preferred airline in Asia” Strategic vision should be distinctive and specific to a particular organization. In this statement the word “airline” and “to be the most preferred airline in Asia” says the specific particular organization and the destination that they want to achieve. It involves the management aspiration through strategic thinking about - Future direction of whole company - Make the customer preference towards them - Current
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Marketing Strategy and Plan – Session 6 Gillette’s Launch of Sensor The introduction of the Sensor Shaving System‚ one of the biggest product launches ever‚ forced Gillette to reevaluate its strategy in its shaving and non-shaving business. It had to decide whether to go ahead with the launch and if so‚ at what scale. Gillette’s top management had to make very important decisions regarding the launch of its Sensor line. They are questioning‚ on which markets to focus their launch‚ how aggressive
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Gillette The Razor Wars Continue Overview Case Overview: Founded in 1901 by King C. Gillette‚ the Gillette Company has been extremely successful since it’s inception into the shaving market. Gillette did such a good job from the start in the shaving market‚ that the company went sixty-years before having any meaningful competition for it’s customers. In 1962 Gillette was enjoying a seventy percent share of the market and everything was looking rosy for the top shaving product company in the
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Mission- provide an environment maintain competitive compensation and benefits packages to providing experienced travelers strive for 100% customer satisfaction have satisfied travelers through satisfied associates give you a Report Card (Rating) and ask you Vision- strive to be the Myanmar’s leader in travel adventure and discovery for Travelers providing impactful and intercultural experience Locally built in Yangon by two professional who own the shipyard Sailing every day to allow you
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Gillette Indonesia – What marketing plan would be appropriate for Gillette Indonesia? Situational Analysis Gillette is a well-known manufacturer of personal care products around the world. Blades and razors are the main revenue drivers accounting for 40% of total company revenue. * Strengths: Strong brand awareness‚ increasing incidences of shaving‚ market share of 50% expected in 1996. Consistent growth over last 5 years. * Weaknesses: Plant expansion delayed to 1997 – pressure
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It may appear that Gillette shareholders are getting a good deal; however‚ they could be getting a better deal. Gillette should receive closer to $60/share‚ and while an offer of $54.05 is a deal that is not as good as it could be‚ it is better than no deal at all. Using transaction multiples‚ we see that Gillette is being valued well above the market in valuations involving revenues‚ EBITDA and P/E multiples. Also‚ large benefits come to shareholders in the method of acquisition. Although it is
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