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The SpinBrush and Innovation at Proctor&Gamble
The SpinBrush and Innovation at Proctor&Gamble
The SpinBrush and Innovation at Proctor&Gamble
Md. Miandad Kabir Md. Tariqul Islam Saimum Ahmed Md. Shourav Kabir Taisir Ishan Newaz
History of P&G
Founder: William Proctor and James Gamble on
October 31, 1837. Location: Cincinnati, Ohio, USA Became international corporation at 1930 Offering more than 300 consumer products. Famous brands are Crest, Tide, Prell and Pampers. Over 90,000 global workforce. Established itself as a Fortune 50 company over decades.
Palmolive Under-performance in S&P 500 index. Disappointment of Crest and other products. SpinBrush innovation. - Develop its own toothbrush - Acquire SpinBrush - Forgo the market
product High quality will increase cost Difficult to grab market share of new product
business model
team if P&G acquire SpinBrush ? Should P&G follow its own business model or SpinBrushes business model? Should P&G develop the SpinBrush or leave it as it was? What should P&G do for innovation process? should they go for the old inventors or take other process ? Because of flexbility & complexity will P&G stop paying premium?
Recommendations:
No risk no gain Positive feedback of customers and dental
professionals Power saving feature Enter into the market with competitive advantages