If you've been listening to Portland radio lately, then you've probably heard a lot of commercials for Procter and Gamble products. It's been many years since P&G has been on radio this much and there is a marketing lesson in this for Maine small business owners.
P&G is the largest advertiser in America. The company spends more than $7-billion annually to market its trove of iconic brands. This includes Pampers, Tide, Mr. Clean, Old Spice, Gillette, Crest, and Metamucil.
In April, P&G's Chief Brand Officer Marc Pritchard, told the Cincinnati Business Courier it was time for his company to re-invent its advertising. The goal is to reach more of the people most likely to buy P&G products – and to reduce wasteful spending.
Mr. Pritchard's reinvention of advertising is why so many commercials for P&G products found their way on to Portland radio stations.Read More