P&G study identifies best categories for value pricing
Article Abstract:
Price promotions should focus on products where total sales can be boosted rather than on categories where consumption is static, according to John Millen, Procter & Gamble's vice president of sales for the UK, Ireland and Scandinavia. High growth categories include bread, wine, coffee and fresh food, while slow growth products include soap, detergents, pet food and tissues. Millen says that major promotions should be used for the high growth products, while consistent value, but with limited promotional activity, should be the strategy for static categories.
Publication Name: Euromarketing
Subject: Business, international
ISSN: 0952-3820
Year: 1996
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P&G axes Luvs diapers in Europe to focus on Pampers
Article Abstract:
Procter & Gamble is withdrawing its Luvs premium diaper brand in Europe so that it can concentrate more on its Pampers brand. Agency Michael Conrad & Leo Burnett will lose out, as the Pampers business is handled by Saatchi & Saatchi throughout Europe. The company wants to maintain the market share lead of its Pampers brand. It has 50% of the retail market in Germany and is supported by a $16 million ad spend.
Publication Name: Euromarketing
Subject: Business, international
ISSN: 0952-3820
Year: 1996
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Barilla, P&G test value pricing in Europe
Article Abstract:
Barilla of Italy, a pasta company and Procter & Gamble are using everyday low pricing or value pricing on a national basis in a few European markets. Barilla plans to permanently reduce prices on 70% of its products by around 12% and place more resources with product innovation and advertising. P&G has experimented with value pricing in some categories in the UK.
Publication Name: Euromarketing
Subject: Business, international
ISSN: 0952-3820
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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