Authors :
Sashya Siddhartha
Volume/Issue :
Volume 9 - 2024, Issue 8 - August
Google Scholar :
https://tinyurl.com/4e9djvrs
Scribd :
https://tinyurl.com/mse98wc8
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24AUG1427
Abstract :
In 2005, Procter & Gamble (P&G) acquired
Gillette for $57 billion, marking a significant milestone in
consumer goods history. This analysis explores Gillette's
strategic expansion into India, leveraging Porter's
Diamond Model and Dunning's Eclectic Paradigm to
evaluate its success and challenges. The study delves into
the skilled workforce, local manufacturing, and
innovative marketing strategies that facilitated Gillette's
penetration into India's diverse and rapidly urbanizing
market. Through local R&D and collaborations with e-
commerce platforms, Gillette tailored its products to
Indian consumer preferences, achieving substantial
market share. The frameworks reveal how Gillette's
global efficiency and local responsiveness enabled it to
thrive amidst intense competition. The paper concludes
with recommendations for sustaining this success through
continuous innovation, vigilant market monitoring, and
eco-friendly practices, while suggesting the applicability
of these insights to other emerging markets.
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In 2005, Procter & Gamble (P&G) acquired
Gillette for $57 billion, marking a significant milestone in
consumer goods history. This analysis explores Gillette's
strategic expansion into India, leveraging Porter's
Diamond Model and Dunning's Eclectic Paradigm to
evaluate its success and challenges. The study delves into
the skilled workforce, local manufacturing, and
innovative marketing strategies that facilitated Gillette's
penetration into India's diverse and rapidly urbanizing
market. Through local R&D and collaborations with e-
commerce platforms, Gillette tailored its products to
Indian consumer preferences, achieving substantial
market share. The frameworks reveal how Gillette's
global efficiency and local responsiveness enabled it to
thrive amidst intense competition. The paper concludes
with recommendations for sustaining this success through
continuous innovation, vigilant market monitoring, and
eco-friendly practices, while suggesting the applicability
of these insights to other emerging markets.