Question: Title: Procter and Gamble, New Product Launch The initial cost of going with Euro brand strategy for Procter and Gamble and associated strategy had an

Title: Procter and Gamble, New Product Launch
The initial cost of going with Euro brand strategy for Procter and Gamble and
associated strategy had an impact on the brand. The cost was that the company had
to consider whether they were to come up with a product for each euro zone or deal
with one product for entire region. This was going to be an expensive strategy. The
company also used a lot of funds in carrying out marketing strategies for the
introduction of the market within Europe. The company also had to involve many
people in trying to find out which strategy to use. The management on the other
hand to consider the realities of the market and the relationships in doing so. For
example, it had to incur expenses in finding out what their intended clients in Europe
like and what they dont like. It is important to know that what is considered best in
one zone might not be important in the other zone. They also had to come up with
customer preferences in various parts of the region which also took a lot of planning,
development and execution.
Questions:
1. What factors were included in the P&G planning during their new launch?
2. What strategy was employed at the launch?
3. What are the various costs incurred during the launch?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!