Table of contents 1.0 Introduction 2 2.0 New Product Development of SK-II 3 2.1 Strategy 3 2.2 Idea Generation 4 2.3 Screening 5 2.4 Concept development and testing 6 2.5 Business analysis 7 2.6 Product Development and Testing 8 2.7 Test Marketing 8 2.8 Commercial and launch 9 3.0 Critical Issue of SK-II 11 4.0 Conclusion 12 References: 13 1.0 Introduction The Procter & Gamble Company (P&G) boasts boatloads of brands. The world ’s top maker of household products
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P&G Japan: The SK-II Globalization Project (Harvard Business School case) Case Summary In “P&G Japan: The SK-II Globalization Project” case study‚ the author Christopher Bartlett presents the P&G’s plan of pushing SK-II as a global beauty product. In late 1999‚ Paolo de Cesare‚ President of Max Factor Japan‚ had given an idea to the Global Leader Team (GLT) of P&G’s Beauty Care Global Business Unit (GBU) that whether it was a good idea for pushing SK-II to become a global P&G brand. Since the
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SKII SK-II has the potential to be a global brand within P&G’s worldwide operations‚ but the commercial success of internationalization depends on which specific markets P&G aims to target. When comparing the prospect of entering the Chinese market against the prospect of entering the UK market‚ we can see that the Chinese market is more favorable due to several qualitative and quantitative factors. Qualitatively‚ P&G has already experienced success in China’s premium skin-care market through a non-traditional
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External Analysis SK-II is originated in Japan and is being exported to other countries including China. It is easy for SK-II to have a market share in China because of similar skin type of Chinese to that of Japanese (whom it was originally introduced) and their developed skin care practices. They were also at ease to penetrate China because they already had existing distribution networks as well as trained counselors who will now be a one of their means to increase sales by promoting the product
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1. SK-II have the potential to develop in to a major global brand? Priced at over $100 a bottle Not a typical P&G product but its successful introduction in Taiwan and Hong Kong Paolo thinking the brand has global potential. Paolo should consider: 1. Organize the Company Along Product Lines not Geography 2. Continue to be the Technology Leader 3. Roll Out to Other Asian Countries 4. Sell off the SK-II Product Line (SK-II had the potential to be a global brand even though it had many thinks needed
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applying in Maslow’s Hierarchy‚ to analysis it is in which adopters stage‚ and what we could do more on promotions to help the products to lead the way of success and do better in the market. Background SK-II is a Procter & Gamble Beauty brand‚ launched in 1980 in Japan. The history of SK-II goes back to the 1970s when a scientist in Japan noticed that very soft and youthful hands of women working in a Japanese sake brewery. After years of research the scientists were able to isolate natural
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to make SK-II a global brand. Paul de Cesare‚ President of Max Factor Japan and GLT member of the beauty care GBU‚ had to recommend one of three alternatives for a global strategy for the SK-II brand: expand into China‚ build on the brand’s success in Japan‚ or introduce SK-II to Europe. In doing so‚ he also had to keep entry strategies for the different markets in mind‚ and also the organizational change brought about by O2005. de Cesare should recommend the option of growing the SK-II brand in
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SK-II: Damage Control in China‚ Case Summary Major Strategic Challenges: P&G´s miscommunication had led SK-II to be torn by political debate‚ treated not on a fact basis. Rather‚ SK-II became a symbol of consumer dissatisfaction in foreign cosmetic overpower in China‚ and public hysteria was machinated as a tool (also in supporting nationalistic trade wars between China‚ the U.S.‚ and Japan). Negative effects were looming on P&G´s other brands in China and the SK-II brand in other markets
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1.0 Introduction SK-II is a leading premium brand from Japan which owned by Procter and Gamble. It is sold in more than 10 markets in Asia Pacific region and Europe country. The expertise Japanese scientist spent years of study to develop a product line include whitening and anti-aging properties. It isn’t just for women‚ SK-II expanding a product line for male to enlarge their segmentation group (Pgscience‚ 2015). Their mission is to ensure their target audiences have a crystal clear skin with the
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CASE STUDY ANALYSIS OF P&G: SK-II GLOBALIZATION PROJECT FOR: Professor Howard Kupferman Written by: Andres Torres Procter and Gamble Case Study Analysis Actors: 1. Alan Lafley: Head of P&G Beauty Care GBU 2. Paolo de Cesare: President of Max Factor Japan 3. Durk Jager: P&G CEO 4. GLT: Global Leadership Team (made up of business GM’s of crucial MDO’s‚ people from R&D‚ consumer research‚ product supply‚ HR‚ and finance). Chaired by Lafley. INTRO: In this case
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