Championing Accountability and Diversity at Procter & Gamble
Chief Brand Officer,
Procter & Gamble
Marc Pritchard’s career at P&G has been characterized by a dedication to innovation and ethical standards. His leadership extends beyond traditional marketing, focusing on the impact of advertising in society and the role of brands in shaping cultural conversations. Pritchard’s influence is particularly noted in his calls for greater accountability within digital advertising platforms and his commitment to diversity and inclusion within the industry.
In recent conversations, notably at P&G’s virtual LifeLab at CES, Pritchard expressed his concerns over the amount of time brands spend monitoring advertising platforms rather than relying on these platforms to regulate themselves. He highlighted the urgent need for enhanced accountability and oversight, especially following events that underscore the potential for harmful content, such as the insurrection at the US Capitol. “We don’t want to monitor ad content. That’s really something that the platforms need to do,” Pritchard stated, emphasizing the necessity for standards that are enforced and audited within the industry.
Marc Pritchard has also been a vocal advocate for diversity, setting ambitious goals for P&G and its suppliers to mirror the demographic makeup of the US population. With targets for substantial multicultural representation, Pritchard is pushing for equal representation in all areas of P&G’s supply chain, from agencies to production crews. His efforts reflect a broader commitment to eliminating systemic investment inequalities and promoting inclusivity across the board.
The adaptation to virtual platforms has been a significant shift under Pritchard’s leadership. The transformation of P&G’s CES presence into a virtual LifeLab is a testament to his forward-thinking approach. This innovative platform allows attendees to explore new products like the EC360 sustainable cleaning line and the first-ever microchip-powered Febreze plug-in air freshener through a virtual avatar. This strategy not only adapts to current consumer behavior but also sets a precedent for future digital engagements.
Pritchard’s vision extends to the evolving landscape of e-commerce, acknowledging its substantial growth across all markets. His approach is to continuously innovate while aligning product offerings with consumer needs, such as enhanced cleaning and environmental sustainability. This focus is crucial as P&G adapts to the changing ways consumers experience retail, from online ordering to in-store pickups.
Looking forward, Marc Pritchard advocates for a “constructive disruption” of traditional media buying practices. His strategy involves working directly with broadcasters and publishers alongside agencies to create deals that offer mutual benefits, reflecting a shift towards more dynamic and value-driven media engagements.
Marc Pritchard’s role at Procter & Gamble is much more than that of a traditional Chief Brand Officer. Through his advocacy for safer media practices, commitment to diversity and inclusion, and innovative approaches to consumer engagement and e-commerce, he is setting new standards in the industry. His leadership not only influences P&G’s policies and practices but also inspires broader changes across the global marketing landscape, making him a pivotal figure in shaping the future of brand communication.