Professional Documents
Culture Documents
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Acknowledgement
It’s our foremost duty and pleasure to express our deep gratitude to
our Marketing management professor, Dr. Priyanka Rawal for her
constant guidance and knowledge.
Under her guidance we were able to understand and complete our
project and gain knowledge about the topic.
By this report we were able to gain very important and useful
knowledge, which will help us for our overall growth and
enrichment.
Team members-
Miss Shruti Vishwakarma
Miss Samapika Lenka
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PROTECT & GAMBLE
THE ENTIRE PROJECT IS CREATED ON THE P&G Co.
THE COMPANY WAS ASSIGNED TO US BY DR. PRIYANKA RAWAL HERSELF AND THERE ARE
MULTIPLE VARIANT OF SUBJECT MATTER WE ARE GOING TO COVER UNDER THIS PROJECT.
“We believe in finding small but meaningful ways to improve lives—now and for every
generation to come.”
-PROTECT&GAMBLE
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COMPANY’S OVERVIEW, PRODUCT MIX AND
PRODUCT LINES OFFERED BY THE COMPANY
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to focus on the remaining 65 brands, which produced 95% of
the company's profits. A.G. Lafley—the company's chairman,
and CEO until October 31, 2015—said the future P&G would be
"a much simpler, much less complex company of leading brands
that's easier to manage and operate".
1. Baby Care
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2. Fabric Care
3. Feminine Care
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4. Grooming
5. Hair Care
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HERBAL ESSENCES- Hair Care
6. Home care
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7. Oral Care
ORAL-B – toothbrushes,
Toothpaste, Oral Care
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OLD SPICES- Pre and Post-shave,
Body Wash and Deodorants
Asia Pacific
India
the Middle East
Africa (AMA)
Europe
Greater China
Latin America
North America
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CHOOSE ANY ONE BRAND AND EXPLAIN THE
CONCEPT OF MARKETING MIX
Product
Place
Promotion
Price
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For example, P&G must offer a wide variety of products that
satisfy the preferences of numerous consumer types and
market segments.
Procter & Gamble’s marketing mix addresses such concerns
to ensure high business performance. Nonetheless, the
consumer goods market is highly dynamic.
This condition requires Procter & Gamble to adapt its
marketing mix to match the opportunities and challenges in
the global market.
A multi-pronged marketing mix approach for the global
distribution of consumer goods enables Procter & Gamble to
optimize its performance.
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However, the company’s approach remains typical in the
industry. This condition makes P&G vulnerable to the
aggressive competitive strategies of other firms, such as
Unilever Changes in strategies, especially in distributing
products through online platforms, can make Procter &
Gamble’s marketing mix more effective.
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About HEADS AND SHOULDERS:
Head and Shoulders is a subsidiary of the American brand proctor and
gamble, known for its anti-dandruff and non-
dandruff shampoos and conditioners.
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Post the research, they started using Zinc Pyrithine in their
formula. It was very effective against dandruff due to its anti-fungal
properties. Head and shoulders has gained the trust of consumers
by providing quality products. The product promises to remove
dandruff and give clean, healthy hair to users.
Company claims it
has the best dandruff
cleaning formula to
eradicate even the
thinnest shred of
dandruff from the
scalp. The packing of
Head and Shoulders
constitutes of
tactfully shaped
white bottles with elements that resemble the essence of freshness
in the minds of the viewers. The brand sells hair care products that
caters to men and women, with a promise to solve problems
related to dry hair, itchy scalp, dandruff and severe scalp
conditions. The product portfolio in its marketing mix includes
shampoos like-
Anti-dandruff,
Anti-hair falls,
Silky black,
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Lemon fresh,
Cool menthol,
Cool blast,
Dry scalp care with almond oil, smooth and silky and hair
retain.
Smooth
Silky
Anti-dandruff.
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Head and Shoulders Price/Pricing Strategy:
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Head and Shoulders Place & Distribution Strategy:
Television channels,
Newspapers,
Posters,
Magazines,
YouTube and
Hoardings at crowded places.
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DISCUSS THE IMPACT OF COVID-19 PANDEMIC ON
BRAND SALES & MARKET POSITION
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PROTECTING P&G PEOPLE
they are helping P&G people work confidently standing with and
behind them with a rigorous focus on health and
safety through-
SUPPORTING COMMUNITIES
The extraordinary events of 2020 have made it clear that brands
and companies have a responsibility to society
and the world around us. P&G is
determined to Lead with
Love and to make 2021 the
year we all come together
to do more and do better
for communities,
equality and our planet.
In 2020, we donated tens of
millions of dollars in cash, product and
in-kind support to individuals, families and
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communities, helping ensure that they have access to the everyday
essentials many of us take for granted.
We believe that even the smallest acts of good can make the world
a better place. Please join us and #LeadWithLove
at www.pggoodeveryday.com.
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Two Flash Professional Products Proven
Effective Against SARS-CoV-2
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economies start to open, what role could the beauty industry play in
accelerating gender equality?
Our P&G Beauty experts shared their thoughts in the second episode of
Diversity Beyond Numbers, a mini-series podcast created in partnership
with Global Cosmetics News. To listen, visit:
https://www.globalcosmeticsnews.com/diversity-beyond-
numbers-a-mini-series-episode-2/
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MICRO AND MACRO ENVIRONMENTAL FACTORS
IMPACTING THE BUSINESS
Customers
The kind of customer base that your HEAD AND SHOULDERS
attracts, as well as the reasoning behind purchasing your product,
are going to highly affect the way you create marketing campaigns.
Your customers can be B2C, B2B, international, local, and so on.
Important factors related to customers are:
Stability of demand
Relative profitability
Intensity of competition
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Suppliers
If a supplier of a particular product is the largest, or even the only
one, they are certainly going to have a big influence on how
successful your business is.
The suppliers are extremely important factors as:
Key link in the value delivery process
Resellers
If you decide to sell your product via a third party reseller, or
middlemen such as wholesalers and retailers, then the success of
your marketing is going to be highly dependent on them. If let’s
say, a certain retail seller has a strong reputation, it will pass on to
your product.
As a link between you and the
customer, they are important in
terms of these factors:
Promotion
Sale
Distribution
Marketing
Financial mediation
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Competitors
Logically, every business
that sells the same or a
similar kind of product as
you do is your competition
on the market. So, their sale
and marketing tactics
matter to you a lot. You need to answer various questions, such as
how their product and its price affects yours and how you can make
use of that in order to gain an edge over them.
The three factors that matter in this case are:
Desire competition
Brand competition
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be the one thing that either pushes you towards success or pulls
you down from the pedestal.
So, the general public is very important in terms of:
Public opinion
Media
Environmental pollution
Economic factors
Basically, the very environment of the economy can have an effect
on two essential aspects – your company’s levels of production and
the decision-making process of your customers.
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Some examples of economic factors affecting business:
Interest rates
Exchange rates
Recession
Inflation
Taxes
Demand / Supply
Demographic forces
Each and every chunk of the market is affected by universal
demographic forces. These are age, education level, cultural
characteristics, country and region, lifestyle, and so on.
The crucial variables include:
How income variables influence business
Technological factors
These factors are related to skills and ability that are implemented
into production, as well as all
the materials and technology
that a particular product
requires to be made. They are
essential and can have a big
impact on how well your
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business is running. It boils down to even the most basic factors,
such as what kind of maintenance trolleys you use in order to
preserve your tools and equipment for as long as you possibly can.
Some of the most common technological factors are:
Automation
Internet connectivity
3D technology
Pollution
Weather
Employment law
Fraud law
Discrimination law
Import/Export law
Level of education
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Social classes
Structure and size of a
family
Growth rate of the
population
Emigration and immigration
rates
Life expectancy rates and
age distribution
Different lifestyles
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TYPES OF CONSUMER BUYING BEHAVIOUR AND
THE CONCEPT OF INVOLVEMENT
It could be found in the world that about 50 per cent of the people
suffer from dandruff once in their lifetime and the brand Head and
Shoulders has able to improve their marketing strategy by
providing proper care to their customers. The main thing for head
and shoulders is the brand endorsement with associated and
robust names that helped them to penetrate the market more
easily for extended and new brands. In India, the hair care industry
is gaining the massive amount of growth, and for this reason, the
competition has become much stiffer than the previous time.
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LATEST MARKETING RESEARCH/TRENDS HAPPENING IN
THE INDUSTRY. USE RELEVANT ARTICLES TO SUPPORT
THIS POINT
(ATTACH AT LEAST ONE BUSINESS NEWS ARTICLES published in year 2020
or 2021)
Social media platforms paved the way for the live video trend.
Instead of using social media for posting pictures and videos, you now have
the ability to stream live content.
Take a look at how marketing experts are expecting live video to rise over
the next two years:
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If you weren’t using live video to interact with your customers in 2017, it
needs to be a priority for you in 2019.
Studies suggest 80% of consumers prefer watching a live video from a brand
as opposed to reading a blog.
And 67% of people are more likely to purchase a ticket to events like a
concert after watching a live stream of a similar event.
Facebook live
YouTube live
Instagram live
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Twitter
Periscope
I like it when businesses use live videos because it gives them a chance to
interact with their audience directly.
You’ll be able to communicate and get feedback from customers in real
time.
Plus, it’s not like your live video is gone forever once you stop streaming.
You can save those videos and repurpose that content in the future.
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With artificial intelligence on the rise, marketing executives feel unprepared
for this trend.
Now is the perfect time for you to educate yourself on the use of AI to
improve different areas of your business.
It will give you an edge over your competitors who aren’t prepared.
Get an edge over your competitors by saving your marketing ideas in one
place across all the document apps you use.
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3. Micro influencers
I’m sure you’re familiar with brand ambassadors and social influencers.
These are people on social media who have relationships with companies
and get paid to promote products on their personal profiles.
It’s a legitimate marketing strategy.
When it comes to social influencing, to be considered a celebrity, one has to
have over 1 million followers.
People with 500k–1 million followers and 100k–500k followers fall into the
macro influencer and middle influencer categories, respectively.
Micro influencers have between 1k–100k followers on social media.
Brands are reaching out to these micro influencers because it’s easier for
people to relate to them.
Let’s be honest,
Not many people can connect with celebrities. Plus, it’s obvious when
they’re promoting something on their profiles.
You may even have doubts that those celebrities use the products they’re
pitching.
But it’s much easier for the average person to relate to a micro influencer.
Why? Well, for the most part, these people aren’t actually famous. They
have normal jobs and live regular lives. But they happen to be popular on
social media.
Take a look at how micro influencers are perceived by consumers:
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In this case, less is more.
Notice the difference in user engagement between influencers with 1k to 4k
followers and influencers with over 100k followers.
Consider finding some micro influencers to represent your company on
social media.
Another benefit of this strategy is the cost.
If you want to partner with a celebrity like Beyoncé, it’ll cost you $1 million
per post.
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That’s absolutely outrageous. But a micro influencer will likely cost you
only $250 – $500 per post. Plus, you can also send them some free stuff to
keep them happy.
4. Content marketing
If you’ve had any marketing success over the past few years, I’m sure you’ve
used content marketing strategies.
Content marketing is still trending upward.
Compared to other factors, content marketing will have the biggest
impact on companies in 2018, according to business executives:
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Rather than coming up with new content marketing strategies, refine your
existing ones.
Make sure your content is relevant and has a clearly defined audience.
Content marketing is great because it’s typically not expensive.
You’ll also see more sales and an increase in customer loyalty when you
properly execute these strategies.
Don’t think you need to focus all your energy on new trends, like artificial
intelligence in 2019.
Continue your content marketing efforts.
5. Generation Z
It seems over the past several years, companies have been focusing on
Millennials. There’s nothing wrong with that.
It’s important to target consumers while they are young so you can try to
retain them for as long as possible.
Every generation has different buying habits.
Millennials have helped shape the marketing trends over the last decade or
so. But now it’s time to put some more emphasis on younger generations as
well.
Generation Z, also known as the iGeneration, Post-Millenials, or the
Homeland Generation are people who were born in the late 1990s to mid-
2000s.
The oldest people in this generation are entering their early 20s.
As they get ready to graduate from college, they’ll enter the workforce,
which means their consumption habits will change.
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A steady job means they will have more buying power.
Companies need to do more research on this generation and find out how
to target them.
It doesn’t matter what industry your company is in.
Start to shift your focus toward Generation Z this year.
I’m not saying you should abandon your approach with Millennials or
Generation X, but just recognize there is a fresh market for you to target.
Find out how they spend their free time. For example, look at how
active Generation Z is in sports compared to the general population:
Even if your company doesn’t make sporting equipment, you can still use
this data for your marketing strategy.
You can focus your Generation Z marketing campaigns around physical
activity or athleticism. That’s just one example.
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Do your research, and find out what Generation Z wants and how they
consume information. That’s the key to acquiring these consumers.
6. Consumer personalization
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That way, you can monitor their habits and give them special offers based
on their browsing pattern or previous purchases.
This is absolutely essential for companies who have an ecommerce website.
Personalization tactics make it easier for you to upsell and cross-sell to your
customers.
Ultimately, this means you’ll make more money without spending much.
It’s cheaper to target your current customers than it is to acquire new ones.
You can also send personalized email messages to your subscribers.
Email personalization can improve your conversion rates by 10% and
increase click-through rates by 14%.
If you personalize the subject line of an email, there is a 26% greater chance
of the recipient opening it than if you don’t.
Numbers like this are too good to ignore.
Those of you who weren’t using personalization in 2017 need to start doing
now.
People are worried about their privacy. Marketers need to start using
privacy protection as a selling point.
Let your customers know how you are protecting their information.
Over 143 million Americans were affected by the Equifax breach in 2017.
That’s scary. It’s especially scary since the company is a consumer credit
reporting agency. If your information isn’t safe with them, where is it safe?
This event has consumers on high alert.
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They may be hesitant to do things like entering their credit card information
online fearing they could become victims of credit card fraud.
How can you make consumers feel safe?
There are certain things you can do to add credibility to your website.
All of this will make customers feel safe when they’re shopping.
If your company appears sketchy or untrustworthy online, it’ll be difficult
for you to get lots of sales.
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8. LinkedIn will continue to lead the way for B2B marketers
While B2C companies will have better luck using social media platforms and
email marketing tactics to connect with their clients, B2B marketers have to
focus on their LinkedIn presence.
Look at these numbers, over 90% of B2B marketers say LinkedIn is the most
effective platform for lead generation. If you’re in the market for new
customers, LinkedIn should be the first place to look. Connecting with a
potential client on LinkedIn increases the chances of them buying from you
by 50%.
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I expect these trends to continue. Beef up your LinkedIn presence if your
company operates on a B2B revenue model.
9. Interactivity
reviews
include videos
navigation
use GIFs instead of pictures
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If you saw success with interactivity tactics in 2017, continue to use them in
the new year. And if you haven’t tried them yet, it’s not too late to jump on
board.
Conclusion
Staying up to date with the latest marketing trends is a recipe for success.
The best marketers look toward the future to predict consumer behavior.
If you can identify trends and make applicable changes to your marketing
strategy, it will give you an edge over your competition.
After extensive research, I came to the conclusion the above trends will
have a major impact on the success of your brand.
And Top 31 Digital Marketing Trends in 2021: Latest Trends You Must Know-
2021's Top 31 Digital Marketing Trends You Must Know | IIDE
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SELECTE ANYONE BRAND OF THE COMPANY AND
ANALYZE IT’S STP STRATEGY
Procter & Gamble popularly known as P & G has emerged as a leading player
in the developed countries contributing 65% of its net sales. It is currently
operating in 6 business segments which are further categorized as retail and
corporate. Like any other FMCG company, Procter & Gamble uses a mix
Of demographic, geographic and psychographic segmentation variables.
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Competitive advantage in the Marketing strategy of P & G –
Market Presence:
P & G as of now sells its products in more than 180 countries through it fully
owned business units or joint ventures. With such as large presence,
company’s distribution network has been successful in making its products
available to remotest areas of the regions.
Being present in 5 lines of businesses with large SKU’s (stock keeping unit) is
helping the company in being competitively ahead of its competitors.
It’s grooming products, fabric & home care and beauty products star in
the BCG matrix while the other two i.e. health care and baby & family
business segments are a question mark in the BCG matrix.
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with those of channel partners. It makes its products available in the market
through distributors, resellers, retailers, e-commerce sites etc.
P & G is facing competition across the globe from the companies with similar
offerings and various private label players affect its businesses. The main
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factors on which companies in this industry compete are quality, distribution
network reach, product portfolio, SKU’s and many others.
Customers of P & G is Pop & Moms store, drug store, departmental stores,
supermarket chains, distributors and e-commerce companies. P& G works
collaboratively with their customers to enhance and enrich their customer
experience
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STP- SEGMENTATION, TARGETING AND POSITIONING OF HEAD &
SHOULDER
TARGET GROUP
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There are Psychological Theories that help us to understand
and predict the effect of all external and internal factors on a
consumer.
External factors include Culture, Society, Reference group and
family etc. Internal factors comprise in a consumer mind and
how consumers leaning, memory, attitude, personality,
lifestyle and motivation levels effect consumer behaviour.
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Segmentation, Targeting and Positioning of Head &
Shoulders
Segmentation –
Geographic
The first segmentation type is geographic. Geographic
segmentation is a process of making groups of customers
based on where they are located in the world. Head and
Shoulders created geographic segments in order to focus on
a specific area. The marketers can improve the rent ability of
the marketing campaign and product features by matching
the strategies to the customers of different regions, cities and
countries.
Moreover, the segmentation of the target market
geographically helps to identify where the consumers or more
buyers of a specific product are located. It also allows the
company to adapt their promotion to different scale of
population such as local, national and international
customers according to their preferences.
The geographic segmentation also allows differentiating the
specific needs of rural and urban customer towards the same
product.
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Demographic
Adults and children up to 2 years of age—Use once a day as a
shampoo on the scalp at least two times a week; however,
may be used every day. Apply to wet hair and leave on the
scalp for several minutes or massage into scalp vigorously
before rinsing. People exhibit many more lifestyles than are
suggested by the seven social classes. People's product
interests are influenced by their lifestyles. In fact, the goods
they consume express their lifestyles.
Marketers are increasingly segmenting their markets by
consumer lifestyles. Companies making cosmetics, alcoholic
beverages, and furniture are always seeking opportunities in
lifestyle and income segmentation. Its available in market
easily and in a reasonable price and on3 can buy it easily.
Psychographic
In psychographic segmentation buyers are divided into
different groups on the basis of lifestyle and \ or personality.
People within the same demographic group can exhibit very
different psychographic profiles. These psychographic bases
are often difficult to measure, but they offer potential
rewards in terms of providing management with a more
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relevant basis for differentiating between segments of a
market.
TARGETING-
The target market for H&S are the higher middle class people
who are brand conscious, early adopter and who care about
the overall health of their hair. H&S targets the people of
middle age men (in the beginning) having scalp and dandruff
problems. At the initial period of its marketing strategy, it
showed advertisement which shows the facts with only one
use of the product, the shampoo gives almost 100% relief
from shampoo.
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It introduced many other features like menthol, volume
boost, and hair-fall therapy for the college going youth and
young professional with hair conscious. H&S took the
advantage of physiological mentality of this user group with
adopting ads where prominent actors were used.
POSITIONING-
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THANK YOU
CREDITS
SHRUTI VISHWAKARMA – COVERED TOPICS 1-7
SAMAPIKA LENKA – COVERED TOPIC ONLY 5TH AND 7TH
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