Company News

P&G Targets Developing Markets

Looks for ways to serve the world's poor with its '$2-a-day' program.

Author Image

By: TOM BRANNA

Editor

Skin serums that cost $200 a jar won’t cut it in China…nor, for that matter, will $10 shampoos. No wonder why Procter & Gamble is trying to understand the needs of the very poor in developing markets. That’s why the company launched its $2-a-day program in 2009. Many consumers in these areas make do on annual salaries of less than $200, and yet, they are P&G’s target consumers in many developing markets. That explains why P&G employees spent weeks in r...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters