procter & gamble > vick's
Title: Procter & Gamble > Vicks: Strategic Solutions for Market Dominance in India
Objective: Achieve Procter & Gamble’s (P&G) market dominance over Vicks in India through targeted strategies for a simulated business game.
https://www.deltin51.com/url/picture/slot2599.jpg
Key Analysis & Solutions:
Market Research & Segmentation
P&G’s Strengths: Strong distribution networks, established brands (e.g., OMO, Pampers), and deep consumer trust.
Vicks’ Weaknesses: Limited diversification beyond cold/cough products; weaker rural penetration.
Action:
Conduct granular consumer surveys to identify unmet needs (e.g., hygiene, personal care).
Target rural India with affordable P&G products (e.g., talcum powder, detergents) using local language ads.
Product Innovation & Line Expansion
P&G Strategy:
Launch hybrid products (e.g., OMO Hand Wash + Antiseptic Gel in one pack).
Introduce regional flavors for detergents (e.g., "SpiceMagic" for South India).
Counter Vicks: Develop a "Vicks+Personal Care" bundle (e.g., cough syrup + discount on P&G shampoos).
Digital & Traditional Marketing
P&G’s Digital Edge:
Partner with Indian TikTok/YouTube influencers for relatable ads (e.g., #P&GHomeMagic challenges).
Leverage WhatsApp for flash sales in tier-2 cities.
Vicks’ Vulnerability: Over-reliance on TV ads; low digital engagement.
Action: Outspend Vicks on metro-specific Instagram campaigns (e.g., "P&G Family Care Hub").
Price Competition & Promotions
P&G’s Move: Offer "Buy 1, Get 1 Free" on Pampers nappies during monsoon seasons (high demand for hygiene).
Counter Vicks’ Promotions: Match Vicks’ discount on cold medicines with a P&G hygiene kit (toons, biscuits).
Government & CSR Alignment
P&G’s Advantage: Align with Swachh Bharat (clean India) campaigns via "P&G Clean India" drives.
Outcome: Boost brand loyalty and tax incentives.
Risk Mitigation:
Monitor Vicks’ potential price wars; maintain P&G’s premium positioning.
Secure partnerships with local e-commerce platforms (e.g., Flipkart, Amazon) for exclusive launches.
Conclusion: By leveraging P&G’s scalability, innovation, and digital agility, India’s market can be dominated through hyper-local strategies, product diversification, and aggressive consumer engagement.
Final Score Projection: P&G achieves 48% market share vs. Vicks’ 32% within 12 game rounds.
Note: Adjust tactics based on real-time game data (e.g., supply chain delays, competitor counter-moves).
Pages:
[1]