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Published byEdwin George Modified over 9 years ago
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Team 5 Michael Loo May Cho Leslieann Dawkins Tien Trinh Amy Ryan AllStar
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Mission Statement The mission of Allstar is to create quality and affordable products for the ultimate consumer satisfaction, provide a safe working environment for all employees, and increase company value for stockholders. Allstar strives to grow in our product development and pharmaceutical division as a whole and become profitable from work that satisfies consumer needs and benefits humanity.
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About Us Allstar Pharmaceuticals is a leading pharmaceutical company specializing in the manufacturer of over-the-counter cold and allergy medicine. Established in 1924, Allstar develops, manufactures, and markets medicine to address the relief of cold and allergy symptoms from which our consumers suffer.
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Objectives Increase value of stock Increase brand awareness Increase market share Maintain customer satisfaction Introduce new products and product line extensions
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SWOT Strength o High Market Shares
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Strengths High Brand Awareness
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Strengths Affordable Prices
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Weakness Low Sales Force
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SWOT (Cont’d) Opportunities o Allround is the only four hour multi-symptom liquid over the counter medication o Introduction of a line extension product: Allround+ o Introduction of a new product: Allright
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New Products Allround Allround+ Allright AllroundAllround+
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SWOT Threats o More competitors that compete with our products
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Marketing Activities Net Income & Stock Price
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Advertising & Brand Awareness
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Market Share based on Sales
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Product Satisfaction
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Lessons Learned Utilized marketing surveys sooner Increased sale force earlier to further push our product
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Lessons Learned (Cont’d) Better money management on our products Concentrated more on market demand rather than competitor’s price
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Questions
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