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CENTRUM PERFORMANCE

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Wyeth's Product Line also includes Advil, ChapStick, Dimetapp, and Robitussin ... Also with Ginseng and Gingko to help your body cope with physical stress. Made for: ... – PowerPoint PPT presentation

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Title: CENTRUM PERFORMANCE


1
CENTRUM PERFORMANCE
  • Sean Rodgers-McKee
  • Pekka Seppänen
  • Sravanthi Sridhar
  • Vicky Tran
  • Jolanta Twarowska

2
Overview
  • Wyeth Consumer Healthcare produces Centrum
  • Wyeths Product Line also includes Advil,
    ChapStick, Dimetapp, and Robitussin
  • Wyeth Consumer Healthcare operates in over 65
    countries
  • The division had sales of 2.5 billion in 2004
    and is the fifth largest over-the-counter health
    products company in the world.

3
About Centrum
  • Focus
  • Adult multivitamins
  • Centrums brands
  • Generic
  • Silver
  • Performance

4
Centrum Performance
  • Specially formulated with an active 28 vitamins,
    minerals and herbs
  • a balanced and complete multivitamin that helps
    energize body and mind
  • now with more B-vitamins that help unlock your
    energy
  • Also with Ginseng and Gingko to help your body
    cope with physical stress
  • Made for
  • Sportsmen/Sportswomen
  • People who lead busy lives

5
Objectives
  • Increase convenience for consumers with new
    packaging
  • Change Generation Ys perspective of Centrum
  • Ultimately create a loyal generation of Centrum
    users so they use other varieties of Centrum as
    they get older.

6
SWOT Strengths
  • CURRENT SITUATION

7
SWOT Weaknesses
  • CURRENT SITUATION

8
SWOT Opportunities
  • CURRENT SITUATION

9
SWOT Threats
  • CURRENT SITUATION

10
Competitors
PharmavitesNature Made
Bayers ONE A DAY
GlaxoSmithKlines GERITOL
11
Target Market
  • Demographic
  • Ages 18-24
  • Generation Y
  • Both Genders
  • Psychographic
  • Athletic
  • Involved in NCAA programs
  • Geographic
  • On-Campus Housing
  • 4-Year Universities in California

12
Financial Informantion
  • Total Revenue of Centrum 657,100,000
  • Centrums revenues compared to Wyeths Total
    Revenue 3.2288
  • Centrums revenues compared to total Healthcare
    Products Revenue 25.97

13
Total Revenue of Centrum in 3-year- comparison
  • 2006 657.1 millions
  • 2005 634 millions
  • 2004 616.6 millions

14
Marketing Budget for Centrum
  • Centrums Total Revenue is 65,710,000
  • 10 of revenue 10 of 657,100,000
  • 65,710,000

15
New Centrum Performance
  • What are the changes?
  • New Labels/Packaging
  • More Advertisements

16
Proposed Product
17
Brand New Packaging
  • Modernizing an Old Product
  • Keeping up with trends

18
New Packaging
19
New Centrum Performance
  • Why are there Changes?
  • Motivate more College Athletes to be healthier
  • Expand into a new market segment

20
Comparing Labeling
21
Event Description
  • March Madness
  • Ads in Gyms
  • Ads at Athletic Events (Basketball, Volleyball
    games)
  • Free Samples in Bookstore
  • Facebook
  • Magazine/Newspaper Ads
  • TV Commercials

22
Marketing
23
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24
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