International Management Case 5-2 - P&G Japan: The SK-II Globalization Project Group Report Due date: 12/03/12 By: Wendy Rodriguez Francisco Oliveira Francisco Andujar Yichen Li Intro: This case describes how SK-II which is a fast-growing skin care product is becoming very popular with a price to match its performance. After being introduced in Hong Kong and in Taiwan‚ P&G believes that this brand has a strong global potential. At the conclusion of this case‚ the company is left thinking
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need to do in preparing for that meeting? There are many factors that need to be considered when deciding recommendations to the GLT of SK-II. Being that this is P&G’s first proposal to build a Japanese brand worldwide‚ it is important to take into consideration different cultures than of the consumers in Japan. Since 2005‚ P&G’s global organization has been in the middle of a restructuring program‚ which can sometimes cause a disruption to the normal functions of the company. Local managers
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Practical Work # 1 P&G and SK-II Paolo de Cesare heads to Japan to make a decision on one of P&G’s most successful and fast growing products – SK-II. SK-II was a high end product that had developed a strong following among Japanese women‚ who were increasingly conscious about skin care and willing to spend a significant amount of their income. Cesare must decide among three options: continue to focus on the Japanese market‚ introduce the product in china‚ or introduce it in Europe.
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reasons for the initial failure of P&G in Japan. In the year of 1973 Procter and Gamble (P&G) entered the Japanese market‚ until the 1987 P&G was losing a lot of money. Why? Mostly because they didn’t thought about cultural differences. A company just can’t apply everywhere in the world the same products‚ managers‚ sales methods and strategies. Companies have to adjust their ‘working culture’ to the country where they are cooperating. In the case of P&G the following things went wrong:
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READING: P&G JAPAN: THE SK-II GLOBALIZATION PROJECT CASE DISCUSSION QUESTIONS 1. I believe it is extremely beneficial for DeCesare to do the necessary research to determine why the expansion idea would fail and why it would succeed and discuss the associated risks. I would see how past companies have done in the area and pay close attention to companies currently doing well in the area. The order of 5 forces model would provide a clear understanding of how lucrative it would be to go into another
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fabric and home care and also snacks and coffee products. The business of P&G is done globally ever since the nineteenth century. Although the nature of business has some similarly by its competitors‚ it has a strong brand name and had created brand awareness among people around the world. Thus‚ the business had sustained its competitive advantage among its competitors. Four of P&G ’s latest product developments have used P&G ’s research expertise to satisfy new consumer needs in the fabric care‚ cleaning
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1. Nature of product/service P&G is an American multinational consumer goods company‚ founded in 1837‚ it headquartered in downtown Cincinnati‚ Ohio‚ USA. Its products include household care‚ beauty‚ grooming‚ and personal health care —and are household names around the world‚ including Pampers‚ Gillette‚ Tide‚ Ariel‚ Downy‚ Pantene‚ Head & Shoulders‚ Olay‚ Oral-B‚ Crest‚ Dawn. P&G is the world’s largest and most profitable consumer packaged goods company‚ with nearly $84 billion in sales and more
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demographic‚ and natural environment forces; political‚ governmental‚ and legal forces; technological forces; as well as competitive forces. From this article‚ there are some external opportunities that can be pointed. One of the opportunities is P&G desires to accelerate its growth in developing markets‚ such as Brazil and India. This activity will create job opportunities and at the same time‚ it also helps to reduce unemployment rate at the countries involved. Every percentage point less in
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The World Leader in Enterprise Marketing Management How P&G Leverages Its Scale In Ways Competitors Don’t Fully Appreciate www.emmgroup.net How P&G Leverages Its Scale In Ways That Competitors Don’t Fully Appreciate Contents Executive Summary Leveraging Scale With the Retail Trade Use Corporate-funded Projects to Leverage Scale Leverage Scale With Specific Consumer Cohorts Systemic Strategies That Use Scale to Overcome Inertia Conclusion – Scale With Fewer People; Scale at Every Juncture
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season Strategy for 2 in India Brand Strategist The Dream Team Season 2 Case Study for Strategy Development S T R AT E G Y F O R T I D E I N I N D I A Case Background The Mint‚ 3rd December 2012: In a recent global investor meeting‚ Procter & Gamble affirmed that a strong momentum in developing markets continues to be a key part of its strategy. It said it will invest resources on the biggest opportunities‚ and aim for profitable expansion by focusing on growing markets‚ increasing market
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