Assignment 3: Pricing Strategy and Channel Distribution 1. Determine and discuss a pricing strategy (Penetration and Skimming) The penetration pricing strategy approach is what we are going use to represent our SONO water filter products in today’s market. Since it serves as many customers as possible representing different valua-tions‚ this pric¬ing model will be our best option. The advantage this approach holds for us is the low volume customers‚ who presumably have a relatively lower valu¬ation
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Innovation Strategy What is Our Innovation Strategy? We Want to Connect with You What is Our Innovation Focus? Innovation Examples How can we connect? Connect + Develop EU Team Connect + Develop Overview (PDF format) Connect + Develop Brochure (PDF format) What is Our Innovation Strategy?Innovation in the Box/Our innovation strategy is an approach we call Connect + Develop through which Procter & Gamble is seeking to build a global innovation network. While we invent most of our products
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that a new entrant would have to overcome to enter. The large companies have a huge competitive advantage over new entrants that leave new entrants with little success in gaining any market share. With established economies of scale‚ access to distribution‚ relationships‚ and legal barriers in the favor of existing firms in the industry‚ a new entrant would little success in competing. This almost eliminates the threat of a new entrant in the personal products industry. Threat of Substitute Products
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P&G Korea Case Study The main issue of the P&G Korea case is centered around the question of market share. P&G and Unilever are the two major market shareholders in the Korean detergent industry holding 80-85% of the total market share. The remaining 15-20% of the market is held by low-priced local Korean brands. There are no new markets either company can tap for further market share since most Korean households already use laundry detergent‚ making the market saturated. Other than peripheral
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1. P&G company review Procter & Gamble Co. is a Fortune 500 American multinational corporation. This company headquartered in USA - Downtown Cincinnati‚ Ohio. Few numbers indicate this company size‚ influence to the world and at the same moment to the world’s society. P&G holds 22nd position in Fortune 500 companies list by their revenues (which are approximately 79‚697.0 million dollars). P&G market capitalization is bigger than many countries GDP. Furtermore P&G profit is 13‚436.0 million dollars
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cultural norms‚ consumer preferences‚ and business structures versus the United States‚ Japan is definitively a market that P&G should continue to do business in. With a population that is more than half the size of P&G’s largest market (U.S.A) and a per capita income higher than other major markets for P&G (such as West Germany)‚ Japan is simply a market that P&G cannot exit if it hopes to continue to grow internationally. In fact‚ Japan is the second largest market for consumer-packaged
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Procter and Gamble‚ Inc. Scope 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. P&G has some constraints to solve the problem (in fact‚ the situation is so complex that for some‚ no problem and threat exist). First
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IBM Institute for Business Value Optimizing distribution channels: The next generation of value creation Following a decade of above-market performance‚ retail banks are feeling the fallout from strategies that‚ while fueling growth‚ failed to leverage the rich potential of these institutions’ customer-facing channels — fertile ground for growing and sustaining profitable‚ long-term relationships. By shifting their focus back to the customer‚ banks can set off a new wave of value creation.
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4 attributes have favored or impeded the entry of P&G in the nations Japan‚ India and China. Theory Per the Porter’s theory‚ the nation’s international success in a particular industry largely depends on the factor endowments‚ related and supporting industries‚ demand conditions and firm strategy‚ structure and rivalry. P&G first entered the Japanese market. America and Japan are big time rivals when it comes to technology and development. P&G had 2 options either through exports or through FDI
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Assume that P&Gs Hair care products marketing manager has the Unilever papers on his/her desk. The manager is considering doing nothing with the information‚ just keeping a lid on the situation and telling those involved to back off. Is this action ethical? The marketing manager at this point finds himself being in an ethical dilemma situation‚ which he is aware of. That is probably why he‚ for now‚ decided rather to “keep a lid” on the situation‚ than deciding whether to actually use the information
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