Essay - Johnson & Johnson's Marketing Mix Company Description Johnson & Johnson...


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
Copyright Notice

Johnson & Johnson's Marketing Mix

***** Description

Johnson ***** Johnson (JNJ) is a recognized global leader and manufacturer of health care products and has over 200 subsidiaries, and has offices in nearly every nation of the world. The company ***** headquartered in New Brunswick, New Jersey. For **********, ***** company reported Sales of $53.3 Billion.

***** addition the ***** has a series of bus*****esses ***** initiatives in health care services, which is ***** fastest growing part of the business today. ***** & Johnson has gone through a variety of structural and organizational structures in the last twenty years and ***** ***** centered on a market segment-based approach which comprises their consumer, medical devices ***** diagnostics, and pharmaceuticals bus*****esses. *****se are the three operating units of the company today.

Consumer segment's main focus and contributions ***** in the areas of sk***** and hair care, oral care, sanitary protection, wound care, baby care and non-prescription drugs. Johnson & Johnson distributes these ***** through wholesalers or directly to independent ***** chain retail outlets. The most famous brand names from this business segment include Neutrogena and Clean ***** Clear skin and hair care products, and the entire line of Band-Aid *****.

***** devices and diagnostics segment (MD&D) is comprised of a comprehensive product line ***** products used by physicians, nurses, *****rapists, hospitals, diagnostic laboratories ***** clinics. Johnson and Johsnon sells into these markets using a direct sales force that calls on health care professionals and in***** through surgical supply dealers and other dealers. Product lines include intravenous catheters and shunts; coronary and biliary stents, surgical implants, instruments, needles ***** sutures; blood glucose monitoring systems; ***** closure devices; endoscopic instruments; orthopedic ***** for joint repair and replacement and for correcting spinal de*****mities; contact lenses; clinical chemistry systems; ***** devices, including cardiovascular monitoring and vascular access products.

The pharmaceutical franchise division is *****ed on heavy use of R&D to bring new innovati*****s to market in the area of antifungal, anti-infective, cardiovascular, ***** contraceptive products.

In addition to ***** product segments, Johnson and Johnson is also very active in the ***** of pa***** management and psychotropic therapy. Well-known ********** within the com*****ny's portfolio include Procrit for ***** treatment of anemia; Sporanox antifungal, Reminyl for treating Alzheimer's disease and Dispersals antipsychotic for schizophrenia.

***** terms of financial performance the consumer ***** drives ***** ***** near-term revenue growth. The acquisition of Pfizer Consumer Health (PCH) is a big contributor with 7% ***** 11.5%-12.5% sales growth in '07 that JNJ executives are forecasting during conference calls held this month (February) with investment analysts.

***** next five years for Johnson and Johnson will be ***** different and much more challenging than the past ***** years. The company delivered earnings ***** in the range of 12% to 21% throughout 2001-05. It is widely anticipated that ***** difficult ***** conditions for the company's Pharmaceutical and Medical Devices & Diagnostics (MD&D) Divisions is go*****g to occur in the next five ***** due to significant market competition.

*****'s management team has told ***** ***** community

. . . . [END OF THESIS PAPER PREVIEW]

Download complete paper (and others like it)    |    Order a brand new, customized paper

© 2001–2017   |   Dissertations on Johnson & Johnson's Marketing Mix Company Description Johnson & Johnson   |   Research Paper Model