If you would like to submit a solution, please go to the P&G Innovation Brief Response Form at http://bit.ly/2ZCsIwf to complete their form with the requested information, AND submit here and we'll try to to help you get status on your application.
Business Background:
People have long predicted the end of advertising as we know it, some going as far as to predict a world with no ads! And while it is unlikely that ads will completely disappear, systemic changes in the way we access and consume content are forcing brands to rethink how we advertise and engage consumers. Even more, Covid19 accelerated the shift to online. But gaps still exist on brand communication -- people can’t touch/feel/smell the products, and don’t have access to the instore advisors they are used to. Moving forward, brands will need to change their approach from creating ads that block/annoy consumers from getting to the content to become a seamless part of the content and experiences that consumers desire.
Business Challenge / Needs Definition:
P&G’s brands would like to explore the future of advertising to rethink how our company engages consumers today. How might we use alternative communication models and brand experiences to be more useful and more interesting to our consumers? How might we reach the right consumer at the right time with relevant, interesting and helpful messages from our brands? We are seeking new communication methods, new ways of engaging consumers, and ways to create novel brand experiences. We want to partner with new technologies and solutions that can help us navigate the future of a world without ads.
There are 4 key areas where we would like to focus on finding innovative solutions:
The regional focus of this brief is AMA and pilot activations will initially be focused on the Australia, India, Japan, Korea, Saudi Arabia and Singapore. Startups applying must have a presence or the ability to immediately activate in at least one of these countries, but ideally across the AMA region.
Relevant technology domains may include, but are not limited to:
The Ask:
If you have ideas and supporting technologies that you believe can deliver disruptive services & solutions to this challenge, we want to hear/partner with you. Where there is a good fit, we are looking to drive agile in- market pilots in Europe with the goal of scaling successful services & solutions. All ideas and submissions will be fully reviewed by our team.
Disclaimer: MIT Startup Exchange can make introductions that ideally provide open ended discussions in order to share mutual interests and potentially create common ground that incite the parties to collaborate. MIT Startup Exchange introductions may eventually lead to mutual partnerships, but that is not in any way guaranteed by MIT, MIT Corporate Relations, MIT Industrial Liaison Program (ILP) or MIT Startup Exchange, which takes no responsibility for these outcomes and no formal part in such discussions following our introduction. MIT Startup Exchange and its activities and events are not for purposes of soliciting investment or offering securities.