MKTG 2030 Lecture Notes - Lecture 8: Procter & Gamble, Integrated Marketing Communications, Marketing Communications
Document Summary
Companies that have mastered the complexities of the new marketing communications paradigm have been very successful. An example of such a company that have learned, adapted and used the new marketing communications strategy to its advantage is procter & gamble (p&g). P&g still uses 10% of its sales advertising like in. 1998 but its unit sales growth has increased three times as much. This shows that p&g is successful at leveraging its marketing communications. Even though the company has cut its advertising of tide by nearly 16%, tide"s advertising has become even more targeted- for example with more allocation for. Chinese, italian and punjabi customers in canada and latino customers in america. Every one of our brands is targeted by james r. stengel, p&g. P&g has taken the mass out of marketing by targeting its brands. The best way to select the right combination of tools is to use a method which is called the integrated marketing.