Preview

P & G Case study

Good Essays
Open Document
Open Document
1391 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
P & G Case study
Procter & Gamble

Procter & Gamble Co., also known as P&G, is an American multinational consumer goods company headquartered in downtown Cincinnati, Ohio, United States, founded by William Procter and James Gamble, both from the United Kingdom. Its products include pet foods, cleaning agents, and personal care products.

William Procter, a candle maker, and James Gamble, a soap maker, both born in the United Kingdom of Great Britain and Ireland, emigrated from England and Ireland respectively. They settled in Cincinnati initially and met when they married sisters, Olivia and Elizabeth Norris.[5] Alexander Norris, their father-in-law, called a meeting in which he persuaded his new sons-in-law to become business partners. On October 31, 1837, as a result of the suggestion, Procter & Gamble was created.

A.G. Lafley, the company's chairman, president and CEO said the future P&G would be "a much simpler, much less complex company of leading brands that's easier to manage and operate."

P&G remains a highly selective employer as less than 1% of all applicants are hired annually.

The 4 P's of the Marketing Mix

Product – The products or services offered to your customer: Their physical attributes what they do, how they differ from your competitors and what benefits they provide.
Price – How you price your product or service so that your price remains competitive but allows you to make a good profit.
Place – Where your business sells its products or services and how it gets those products or services to your customers. Promotion – The methods used to communicate the features and benefits of your products or services to your target costumers

4 P's of the Marketing Mix with reference to P&G

Product:

P&G Manufacture’s products in following categories.

Beauty and Grooming Brands
Products in this category include Anna Sui, Fekkal, Naomi Campbell, Safeguard, Fusion,

You May Also Find These Documents Helpful

  • Powerful Essays

    Marketing Mix - H&R Block

    • 1499 Words
    • 6 Pages

    Definitions Product is/are the products or services you offer and are they unique and different, superior in quality and easier to use. In my own opinion, the product or service is one the most important aspects of a successful business. If you have an item that the customer really wants they will drive out of their way to purchase it. They are usually willing to pay a higher price if the quality justifies it. When a local popular hamburger place open up in Phoenix, people drove long distances and sat in long lines just to bite into one of their juicy hamburgers.…

    • 1499 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Promotion- Promotion describes the activities undertaken to ensure the consumer knows about the product and its capabilities. It usually combines advertising sales promotion, public relations and personal selling.…

    • 3211 Words
    • 13 Pages
    Good Essays
  • Good Essays

    Four Ps of Marketing

    • 486 Words
    • 2 Pages

    Product is the goods or service you create or obtain to sell to consumers that you can make a profit suppling to consumers.In order to grow or maintain continued profit,this product must be able to attract new customers.…

    • 486 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Promotion refers to the act of communicating the benefits and value of your product to consumers. It then involves persuading general consumers to…

    • 1119 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Procter & Gamble: A Company with Global Operations MKT 421 December 16, 2013 Procter & Gamble: A Company with Global Operations…

    • 1566 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    "Procter and Gamble is an American global corporation based in Cincinnati, Ohio that manufactures a wide range of consumer goods." (Hoovers) Its European Headquarters are in Geneva, Switzerland. Procter and Gamble is the world's number one maker of household products. The company was formed in 1837 by two men: William Procter, a candle maker, and James Gamble, a soap maker. Both were immigrants from England. Coincidently, they married sisters, which was the reason for them to meet. The father of the sisters convinced Procter and Gamble to become business partners, and they would later form their multi-billion dollar company. Their sale prospered, reaching one million dollars, in the year of 1859. A main cause of this was because of the American Civil War, allowing P&G to win contracts with the Union Army for soap and candles. "Once the war was over and the soldiers returned home, they continued to purchase the company's products." (Hoovers)…

    • 842 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Operational Definition

    • 400 Words
    • 2 Pages

    Promotion: an activity intended to help sell a product, or the product that is being promoted:…

    • 400 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Promotion is the advertising and selling part of Marketing. Often, promotions are categorized into push versus pull. Advertising pulls by making the consumer aware of and ask for your product or service. Incentives, such as premiums or price reductions, push your product out the door by encouraging your customers to purchase in volume, more, or more often than he would otherwise purchase.…

    • 4633 Words
    • 19 Pages
    Better Essays
  • Better Essays

    Proctor & Gamble is a fortune 500 company. William Procter, a candlemaker, founded the company and James Gamble a soap maker, formed the company known as Procter & Gamble (P & G) in 1837. The two men emigrated from England and Ireland and settled early in Cincinnati. They might never have met had they not married sisters: Olivia and Elisabeth Norris. (Britannica Encyclopedia, 2007) The business decision was made by their father-in-law to make the two men business partners. The company prospered during the 19th century. In 1859 sales reached one million dollars. By this point, approximately eighty employees worked for Proctor & Gamble. During the Civil War the company won contracts to supply the Army with soap and candles. (www.pg.com) The products of the company were in such demand that it increased the profit of Proctor & Gamble.…

    • 3253 Words
    • 14 Pages
    Better Essays
  • Good Essays

    unit 12 Internet marketing

    • 2028 Words
    • 6 Pages

    PRODUCT A product is simple a good or service you going to sell to a particular market, your product can have both tangible and intangible aspects, and is the thing you offer to satisfy your customers’ wants and needs. Within this element, you need to consider things such as your product range, its quality and design, its features and the benefits it offers, sizing and packaging, and any add-on guarantees and customer service offerings.…

    • 2028 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    The marketing mix is essential for an organisation to establish both its target market and unique selling point, it uses the 4 P’s to help find these. The four P’s are the idea of modern marketing theorists and they cover the ways that an organisation can influence consumers to buy their particular brand. The Four P’s are Product, Price, Place, and Promotion.…

    • 3253 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Procter and Gamble

    • 4727 Words
    • 19 Pages

    1 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…

    • 4727 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    History William Procter, a candle maker, and James Gamble, a soap maker, emigrated from England and Ireland respectively. They settled in Cincinnati initially and met when they married sisters, Olivia and Elizabeth Norris. Alexander Norris, their father-in-law, called a meeting in which he persuaded his new sons-in-law to become business partners. On October 31, 1837, as a result of the suggestion, Procter & Gamble was created.…

    • 4044 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    History William Procter, a candle maker, and James Gamble, a soap maker, immigrants from England and Ireland, respectively, formed the company initially. Alexander Norris, their father-in law, called a meeting in which he persuaded his new sons-in-law to become business partners. On October 31, 1837, as a result of the suggestion, Procter & Gamble was born.…

    • 3828 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    P&G WAS FOUNDED IN 1837 BY TWO MEN WHO MET BY CHANCE. William Procter, emigrating from England, established himself as a candle maker in Cincinnati, which was a busy center of commerce and industry in the early nineteenth century. And James Gamble, arriving from Ireland, apprenticed himself to a soap maker. The two might never have met had they not married sisters Olivia and Elizabeth Norris, whose father convinced his new sons-in-law to become business partners.…

    • 602 Words
    • 3 Pages
    Good Essays

Related Topics