This document discusses P&G's brand categories of Ivory liquid, Dawn, and Joy soap and their respective market shares. It then presents three options for the company: launching a new product, improving an existing product, or increasing marketing expenditures. Reasons cited for P&G's past success include innovative products with benefits at competitive prices and investments in research and development.
This document discusses P&G's brand categories of Ivory liquid, Dawn, and Joy soap and their respective market shares. It then presents three options for the company: launching a new product, improving an existing product, or increasing marketing expenditures. Reasons cited for P&G's past success include innovative products with benefits at competitive prices and investments in research and development.
This document discusses P&G's brand categories of Ivory liquid, Dawn, and Joy soap and their respective market shares. It then presents three options for the company: launching a new product, improving an existing product, or increasing marketing expenditures. Reasons cited for P&G's past success include innovative products with benefits at competitive prices and investments in research and development.
Makes the longest lasting suds OPPORTUNITIES EVALUATION OF OPTIONS
Option1 : New Product Offering
Option2 : Product Improvement Option3 : Increase marketing Expenditure ARGUMENTS FOR NEW PRODUCT LAUNCH Underlying Case Facts REASONS FOR P&G’s SUCCESS (4) Innovative product offerings with superior benefits at competitive prices. In 1981,President : John Smale quoted importance in R&D Brand Managers were evaluated on their ability to build brand business
UNDERLYING NUMBERS • PS&D Division spent $30 million on R&D in 1981 • PS&D Division spent $20 million on Consumer and Market Research