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Tuesday, February 4, 2014

Pfizer Case Study

It is the recommendation of Team B Consulting that Pfizer pursue the Vitamin and Supplement market place to capture market share in this area. Using a Back to Basics approach, Pfizer was the first mass producer of Vitamin C, and has a solid reputation for producing high quality products. The Supplement market is not regulated by the FDA and consumers may question the ingredients in legion(predicate) of the supplements that are mass produced by numerous manufacturers and marketers of these products, many of them overseas with little oversight and quality control standards. no(prenominal) of these companies have the fall upon or brand recognition that comes with Pfizer. We call up that with the Pfizer hit attached to a line of Vitamins and Supplements, consumers would have more depose and confidence that the supplements manufactured and marketed by Pfizer than those of competing brands. In indian society to implement this strategic alternative, Pfizer would have two plectrons. The first pickax is to purchase an existing manufacturer of supplements and re-brand them under the Pfizer name. This alternative would offer the products to come to market sooner as the company prison guard work with existing formulations and manufacturing processes. The other alternative is to create soda formulations and develop a manufacturing plan to produce them. The marketing wangle for either alternative would be to introduce these supplements to the OTC (over the counter) transfer market. We believe that the Pfizer name would make an impact on consumers and retailers would hold fast this Manufacturer in their current product offerings.If you want to run low a full essay, order it on our website: OrderCustomPaper.com

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