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Proctor and Gamble getting hurt by knock off brands selling for less. Their solution???
Posted on 7/31/18 at 10:41 pm
Posted on 7/31/18 at 10:41 pm
Raise prices!!!
Pampers, toilet paper, paper towels...all getting price increases...that'll have em coming back!
LINK
Pampers, toilet paper, paper towels...all getting price increases...that'll have em coming back!
quote:
The price of covering little bottoms is going up. Procter & Gamble announced this week that it’ll be raising prices on Pampers in North America. The company’s also hiking prices on Bounty, Charmin and Puffs.
quote:
P&G is getting squeezed by private label and new companies entering the marketplace that often sell at deep discounts.
LINK
Posted on 7/31/18 at 10:43 pm to LSUsmartass
That’s actually a pretty standard pricing strategy. Differentiates your product in a crowded market. Consumer will assume your product is better because it commands a higher price.
Posted on 7/31/18 at 10:43 pm to LSUsmartass
Do women really care about prices?
Posted on 7/31/18 at 10:46 pm to East Coast Band
They could make Pampers $200 a pack and my wife would still get them
Posted on 7/31/18 at 10:46 pm to Golfer
We used that strategy at a restaurant I worked at after the recession. Everyone else was cutting corners and lowering prices. We were using better ingredients and raised prices.
Posted on 7/31/18 at 10:52 pm to LSUsmartass
Kirkland and huggies > Pampers. For some reason pampers wipes burns up our kid's arse anyways.
Posted on 7/31/18 at 10:52 pm to Golfer
quote:
That’s actually a pretty standard pricing strategy. Differentiates your product in a crowded market. Consumer will assume your product is better because it commands a higher price.
Yep - fairly tried and somewhat true method of dealing with private labels.
P&G did this with Gillette with quite a bit of success until Dollar Shave Club and Harry's came along. There isn't really a DSC/Harry's analog for diapers, toilet paper, and paper towels out there right now because, I would think, the customer actually buying the products is different (and why there is no DSC/Harry's equivalent in women's shaving). Women buying personal care products don't tend to be the most price-sensitive consumers, to say the least, and I suspect P&G has figured out that they are making the large majority of these purchases for households.
Posted on 7/31/18 at 10:54 pm to LSUsmartass
My daughter is an OT ballette, and her tush only wears Pampers Swaddlers.
Posted on 7/31/18 at 10:56 pm to LSUsmartass
Bookmarked for when I have a kid someday
Posted on 7/31/18 at 10:56 pm to Muthsera
I have a hidden box of Target brand diapers that I sneak on Sun God Jr when Mrs Sun God isn't home. Life in the fast lane
Posted on 7/31/18 at 11:02 pm to Bigryno7
quote:
We used that strategy at a restaurant I worked at after the recession. Everyone else was cutting corners and lowering prices. We were using better ingredients and raised prices.
You clearly worked at Papa Johns
Posted on 7/31/18 at 11:02 pm to LSUsmartass
Interesting. I saw an article earlier today that said their raising prices was due to the tariff spat we are in with much of the world currently. Prices for wood pulp have increased. Interesting that the articles have two totally different explanations for the price increases.
Posted on 8/1/18 at 1:07 am to Golfer
quote:
That’s actually a pretty standard pricing strategy. Differentiates your product in a crowded market. Consumer will assume your product is better because it commands a higher price.
Yeah but they're not losing business due to just an oversaturated market, they're losing business to Walmart and dollar general brand toilet paper and paper towels because of price difference and because it's toilet paper and paper towels. The diaper thing is what it is, parents will go for expensive shite their first go-round and then loosen up on the 2nd one.
Posted on 8/1/18 at 4:10 am to nerd guy
quote:
Kirkland and huggies > Pampers. For some reason pampers wipes burns up our kid's arse anyways.
Weird how kids can be so different. Every diaper i have tried, except pampers, leaks with all three of my kids.
And the huggies wipes turns my little girls bottom bright pink.
Personally, i would use the cheapest shite available (that didnt cause irritation or leakiness). Wife insists on pampers
Posted on 8/1/18 at 5:42 am to nerd guy
I remember buying a pack of huggies wipes over Pampers when my kid was still in diapers. Wife never let me live that down. They would fall apart easily. I didn't thi k there would be a difference, but there was. We fathered the amazon or store brands over huggies
Posted on 8/1/18 at 5:44 am to LSUsmartass
And that's why we use none of those brands.
Posted on 8/1/18 at 5:59 am to LSUsmartass
I have yet to find toilet paper as good as charmin so I'm gonna pay it.
Posted on 8/1/18 at 6:04 am to mindbreaker
quote:
I have yet to find toilet paper as good as charmin so I'm gonna pay it.
Same here even though they pissed me off when they quit making their t.p. with aloe in it.
Posted on 8/1/18 at 6:19 am to LSUsmartass
Transportation costs are up significantly, prices should be rising on many items.
Specific to diapers - they have to raise prices to grow, diapers are not an expandable consumption category. The combination of declining birth rate, better technology (you need less diapers in a day vs history), and the rise of quality private brands means you must raise prices to grow.
Specific to diapers - they have to raise prices to grow, diapers are not an expandable consumption category. The combination of declining birth rate, better technology (you need less diapers in a day vs history), and the rise of quality private brands means you must raise prices to grow.
Posted on 8/1/18 at 6:46 am to Homesick Tiger
quote:
when they quit making their t.p. with aloe in it.
Looks like someone got the redass.
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