A review of Johnson & Johnson (JNJ), a recognized global leader and manufacturer of health care products.
Research Paper # 96922 |
3,003 words (
approx. 12 pages ) |
5 sources |
MLA | 2006
|
$ 53.95
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Abstract
This paper reviews and discusses the global leader in health care products, Johnson & Johnson (JNJ). According to the paper, JNJ has over 200 subsidiaries with offices in nearly every nation of the world. The paper reports that Johnson & Johnson has gone through a variety of structural and organizational structures in the last twenty years and today is centered on a market segment-based approach which comprises their consumer, medical devices & diagnostics and pharmaceuticals businesses.
Outline:
Company Description
Business Segments are aligned to Target Markets
Pharmaceutical Segment
Medical Devices & Diagnostics
Consumer
Product Strategy
Pricing Strategies
Distribution Strategy
Promotions and Marketing Communications
Conclusion
From the Paper
"JNJ's move into markets that require more sophistication in drug development and production is also exemplified by their move into the market for medications to treat Schizophrenia, an area of their business that made up 18% of total 2006 pharmaceutical revenues. The anemia market is another source of challenge for the company as price erosion has been necessary to stem market share losses. We assume revenue erosion in the mid-single digits over the next 3 years with continued competition from Amgen and some modest negative effects from Roche's Cera, expected to launch in May 2007. The anemia franchise (Procrit/Eprex) made up 14% of JNJ's pharmaceutical sales in 2006.
The MD&D division has enjoyed industry leadership, particularly at the company's Cordis business. This previously fast-growing business made up 20% of JNJ's MD&D sales in 2006 and a significant proportion of its profit. Noteworthy competition from Boston Scientific, Abbott, and Medtronic is likely to erode market share beginning in 2007, driving Cordis sales declines in the range of 4% to 19% in 2007-10. The Conor acquisition is expected to be successful.The Consumer division should benefit from the recent acquisition of Pfizer's consumer line."
Tags:pharmaceutical, consumer, segment, sales, pricing, methodologies, market, share, distribution, channels
This paper explains the concept of marketing mix and describes the 4P's used by Motorola.
Analytical Essay # 72483 |
675 words (
approx. 2.7 pages ) |
6 sources |
APA | 2005
|
$ 14.95
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Abstract
This paper explores the concept of marketing mix. The author describes the 4 Ps (product, place, price, promotion) that make up the marketing mix. The paper points out the marketing mix used by Motorola, with emphasis on brand identity.
From the Paper
"The parameters in the marketing mix for a product include the product itself along with the place price and promotion-also referred to as the 4Ps. The product parameter includes such things as brand name, functionality and quality, as well as cosmetic features such as packaging. The product's repairs support, warranty ,accessories and features also play a part in its overall desirability from the customer's standpoint. The place parameter refers to distribution of the product and includes such factors as distribution channels, market coverage, warehousing ..."
Tags:marketing mix, 4 P's, Motorola, brand identity
This paper discusses the concept of the marketing mix.
Essay # 72455 |
2,260 words (
approx. 9 pages ) |
10 sources |
APA | 2004
|
$ 41.95
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Abstract
This paper defines the concept of the marketing mix. The author points out the role of the 4Ps. The paper relates the marketing mix to the marketing strategy of three organizations---one each from the government, non-profit and service sectors.
From the Paper
"The marketing mix is the four main elements used by a marketing manager to market goods and services These elements are product price distribution or place and promotion. These four tools and more specifically the interplay between these elements combine to shape market demand with a target market. It is the effective blending of product packaging and price, channels of distribution, advertising, promotion and personal selling to get the product in the hands of the customer that determines a marketing program's success. Dell Incorporated is ..."
Tags:marketing mix, non-profit, government, marketing, products, assess, service industry
An examination of the marketing mix of Kellogg's cereals.
Term Paper # 121531 |
1,500 words (
approx. 6 pages ) |
26 sources |
APA | 2008
|
$ 29.95
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Abstract
The paper looks at each component of Kellogg's marketing mix as well as overall, and answers a series of questions at the end regarding recommended changes to the mix.
From the Paper
"Kellogg cereal is a mainstay of the American diet-so much so that it is considered a mega or fortress brand-one that holds such dominance in the breakfast cereal category that Americans simply cannot be without it, regardless of price, nutritional content or controversies over labeling and marketing practices. (Tillotson) Advertising and promotion play a large part in Kellogg's success but mega-brands continue their strong grip on our diet because consumers, the food companies producing them and the supermarkets that sell them, are intertwined..."
Tags:Kellogg's, marketing mix, product, promotion, distribution, price, place, integrated marketing
A discussion on the marketing mix and how it is used to promote the Apple iPod.
Essay # 86767 |
1,350 words (
approx. 5.4 pages ) |
4 sources |
2005
|
$ 27.95
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Abstract
This paper discusses the elements of the marketing mix: product, price, placement, and promotion. The paper discusses these in general terms and then considers how they apply to the marketing of the Apple iPod and its related products, noting the way the company has positioned the product and the way the mix serves the needs of the company.
From the Paper
"The marketing mix is the combination of elements that make up a marketing strategy and that help define a given product in the marketplace. One way of viewing the mix is in terms of what are called the 4 p's, meaning produce, price, placement, and promotion. The importance of these has been emphasized many times and can be seen in campaigns both successful and unsuccessful. Marketing is a difficult art to master, and it involve a number of unknowns which can alter the nature of the process itself in some instances: Of all the disciplines that businesses must master, marketing may the hardest to grasp. Technology at least obeys the laws of physics. Finance, however skewed by ego and fear, is girded by mathematics. But marketing is messy: Companies try to respond to customers' wants and needs, and manipulate them simultaneously. Emotions rule; motives are unclear (Brookes & Stodin, 1995, p. 24)."
Tags:marketing, mix, product
An analysis of the marketing mix used by the Boeing company.
Analytical Essay # 125372 |
1,000 words (
approx. 4 pages ) |
6 sources |
APA | 2008
|
$ 21.95
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Abstract
The paper considers the marketing mix at Boeing and how it affects the company's marketing strategy and tactics.
From the Paper
"The marketing mix-product place promotion and price-that a company selects both influences and is influenced by the strategic choices that the company makes. As companies encounter different environmental challenges such as a downturn in the economy or political unrest in overseas markets, they may make changes in their marketing mix that shift the strategic alternatives available to them. This research considers one of the largest American companies-Boeing-and the marketing mix that it uses. This marketing mix is analyzed against the..."
Tags:Boeing Company, marketing mix, product, place, promotion, price, aerospace industry, aircraft industry
A discussion of the place/channel distribution of Tesco's marketing mix.
Term Paper # 125096 |
500 words (
approx. 2 pages ) |
12 sources |
APA | 2008
|
$ 10.95
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Abstract
This paper discusses the "place" element of Tesco's marketing mix and its multi-channel approach.
From the Paper
"The place element of the marketing mix-also referred to as channel distribution or intermediary-is the mechanism through which goods and/or services are moved from the manufacturer service provider to the user or consumer. A business can use either channels that sell directly to a consumer or indirectly through a wholesaler and can employ a single channel or many. In the case of Tesco, multiple channels are being utilized from the standard grocery-store channel to the Tesco..."
Tags:marketing, Tesco, Internet, online, multi-channel, channel, place, marketing mix, distribution, Clubcard
This paper discusses the issue of marketing mix within an organization and then applies relevant concepts to a company.
Term Paper # 89894 |
1,350 words (
approx. 5.4 pages ) |
3 sources |
2006
|
$ 27.95
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Abstract
This document discusses the elements of the marketing mix in any given organization, concentrating on the four primary components thereof: product, price, place, and promotion. These concepts and strategies, as they relate to the marketing strategy and plan of an organization, are then examined in relation to an actual company; in this case, Toyota. Further, the writer looks at its gas efficient brands such as the Prius.
From the Paper
"An organization that sells products, services or a combination thereof is very dependent on its sales and marketing strategy. By extension, the sales and marketing strategy is reliant on solid market research and experience with marketing approaches made relevant to specific markets. There are myriad approaches to developing a marketing plan but some solid assumptions regarding its structure can be based on being familiar with the following: (1) highlighting key sampling issues specifically associated with international research; (2) considering the relationship between sampling and internal and external validity; (3) examining the way in which research objectives impact upon sampling (and, through sampling, on validity)."
Tags:marketing, advertising, mix
An in-depth review that discusses today's challenges in managing the marketing mix, with a view to producing results.
Term Paper # 108160 |
5,966 words (
approx. 23.9 pages ) |
22 sources |
APA | 2008
|
$ 85.95
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Abstract
The paper states that the development of an effective marketing mix is critical for being able to stay competitive in the turbulent global markets that companies compete in daily. The critical need for keeping the four attributes of the marketing mix synchronized with one another in order to attain strategic objectives is illustrated through the many examples throughout this paper. Product strategies' contribution to a company's entire marketing mix, the role of promotional strategies to reinforce branding and messaging, and distribution channels' role in getting branding, messaging and products to market are analyzed in this paper The paper concludes that of all strategies that a company undertakes, the launch of new products is both the most challenging and potentially the most lucrative as well. The paper includes several tables and figures.
Outline:
Abstract Introduction
The Role of Products in the Marketing Mix
The Power of Pricing
Promotional Strategies as part of the Marketing Mix
Distribution (Place) as part of the Marketing Mix
From the Paper
"Promotional strategies are used for accentuating of the value of a product or service through additional offers, lower prices, bundling, or the use of techniques to bring greater value to the customer through the use of innovative packaging. Sales promotion in the context of a sales funnel acts as the basis by which prospects for a product or service first learn of a company and its offerings, and ascertain its ability to meet their needs or not."
Tags:sales, funnel, acts, front-ending, promotional, strategies
An examination of the key components of a solid marketing strategy and the marketing mix (product, place, price and promotion).
Term Paper # 96113 |
1,723 words (
approx. 6.9 pages ) |
3 sources |
MLA | 2007
|
$ 33.95
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Abstract
This paper discusses the key components of a solid marketing strategy included in a comprehensive analysis of the marketing mix (product, place, price and promotion). The paper addresses each element of the marketing mix and describes the impact of the development of an organization's marketing strategy and tactics. Furthermore, the paper describes how each of the four elements of the marketing mix affects the development of the marketing strategy and tactics of the Performance Food Group company.
Table of Contents:
Abstract
Elements of Marketing Mix
Performance Food Group
Product
Place
Price
Promotion
Conclusion
From the Paper
"PFG understands that "marketing is the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational goals" (Kotler and Keller, 2006 p.16). PFG focuses on each element of the marketing mix as depicted in Figure 1 and incorporates the vital marketing mix components in the organizational strategic planning of the company at the corporate and local levels of the organization."
Tags:distribution, PFG, placement