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P&G's Marketing Chief Says It's Not Cutting Back on Facebook Ads, It's Targeting Better

During an Advertising Week session with execs from Facebook and General Motors, Procter & Gamble's marketing chief explained that his brand is not scaling back its advertising budget on Facebook, despite a report last month to the contrary. Instead, Marc Pritchard said, it's getting smarter about its digital ad targeting. In August, a story in The Wall Street Journal suggested that P&G was pulling its spend with the Menlo Park, Calif.
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