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»Marc Pritchard

After Transparency, P&G’s Pritchard Has A New Mission: Getting A Signal Into The Walled Gardens

This summer, P&G posted the best quarter of sales growth in a decade, and its stock price has nearly doubled since spring 2018. To create that growth, P&G is increasingly grabbing the reins, Chief Brand Officer Marc Pritchard told attendees at the ANA Masters of Marketing in Orlando, Florida, on Friday. P&G’s progress came after... Continue reading »
by Sarah Sluis // October 7th, 2019 //
»
At ANA Masters, Marketers Take Control

After years of banging the drum about gaining more control, transparency and efficiencies from service providers, marketers are doing it themselves. Cost and speed to market are necessities for marketers struggling to drive growth, but too many third-party relationships often slow things down. “Our current situation is unproductive, unsustainable, undesirable and untenable,” ANA CEO Bob... Continue reading »
by Alison Weissbrot // October 26th, 2018 //
»
Marketing Vet Jim Stengel Spent 25 Years At P&G And He’s Got Some Advice

After a quarter-century in marketing roles at P&G – including seven as CMO – you learn a thing or two about how to grow a brand. Jim Stengel started at P&G in 1983 as a brand assistant on Duncan Hines, moving his way up the ranks to marketing chief by 2001. He handed the reins to Marc... Continue reading »
by Allison Schiff // September 28th, 2018 //
»
Marketers Warm To Google And Facebook As The Blame Shifts To Ad Tech Middlemen

Despite a year marred by brand safety blunders, measurement errors and targeting missteps, marketers are mending ties with Facebook and Google as they place blame for the industry’s many issues on its ad tech underbelly. “Just 25% of CMOs’ digital media investment reaches target audiences,” said ANA CEO Bob Liodice during his opening remarks at... Continue reading »
by Alison Weissbrot // October 6th, 2017 //
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Pritchard's Progress: P&G Marketing Chief On The Impact Of His Digital Ultimatums

Procter & Gamble Chief Brand Officer Marc Pritchard is pleased overall with the response to his tough talk of the past year. And he's optimistic that Facebook, Google and others will meet P&G's deadline to align on third-party measurement standards and have their methods audited by the Media Ratings Council by the end of this... Continue reading »
by Zach Rodgers // October 5th, 2017 //
»
P&G Wants to Cut $1 Billion In Media Spend And Supply Chain Inefficiencies

Procter & Gamble will slash $1.5 billion from its marketing budget over the next five years, the CPG giant said during its Q1 earnings call Wednesday. At least $1 billion will come from media, specifically by lowering rates and getting rid of supply chain waste, said Chief Financial Officer Jon Moeller. P&G wants to save... Continue reading »
by Alison Weissbrot // April 26th, 2017 //
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P&G’s Pritchard Tells Agencies To Step Up And Simplify

Procter & Gamble Chief Brand Officer Marc Pritchard continued his rallying cry for a cleaner and more transparent advertising ecosystem Tuesday at the 4As Transformation show in Los Angeles. This time, he called for simplicity in the agency business, which has become increasingly fragmented as shops pop up to service every channel, platform and digital... Continue reading »
by Alison Weissbrot // April 4th, 2017 //
»
MWC 2017: Advertisers Want To Shed A Little Middleman Weight

Fragmentation is to the buy side what agita is to a stomach: upsetting. “Data is perhaps the most important asset we have as an advertising agency,” said Mauricio Sabogal, global CEO of WPP's Kinetic Worldwide, during the Modern Marketing Summit at the Mobile World Congress on Monday in Barcelona. “There are too many companies managing... Continue reading »
by Allison Schiff // February 28th, 2017 //
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4A’s New Prez Marks Repairing ANA Relationship As Top Priority

Marla Kaplowitz, named president and CEO of the American Association of Advertising Agencies (4As) on Friday, has made mending fences with the Association of National Advertisers (ANA) a top priority. Addressing the rift between the two organizations – and, more broadly, between marketers and agencies themselves – over agency transparency has “got to happen this... Continue reading »
by Alison Weissbrot // February 27th, 2017 //
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P&G’s Pritchard: 'We Don’t Want To Waste Time And Money On A Crappy Media Supply Chain'

P&G isn’t going to give digital a free pass anymore. Its agencies, ad tech partners and publishers must enable viewability and third-party measurement and root out fraud. Contracts must be transparent. And if they don’t? P&G will pull media spend. According to its 2016 financial report, P&G spent $7.2 billion on advertising last year. “We... Continue reading »
by Sarah Sluis // January 30th, 2017 //
»
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