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history of the company johnson & johnson
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Founded in 1886 by introducing medicinal plasters and antiseptic surgical dressings, Johnson & Johnson has grown to be one of the leading health care products company in the world. In its extensive history of over 125 years Johnson & Johnson’s product mix vary from pharmaceutical, personal care products, medical devices and diagnostics with the largest being pharmaceuticals.
The product I chose to research was Listerine mouthwash. Listerine was first invented as a surgical antiseptic in 1879 and later repositioned as an oral care product to dentists in 1895. Listerine was the first over the counter mouthwash sold in the United States in the year 1915. Since then the brand continued to expand its product line consisting of different types of mouthwashes targeting specific areas of oral concern. Listerine’s product mix is not limited to mouthwash, but also includes gel toothpaste, breath freshening strips and mouth freshening sprays.
Listerine created a market for mouthwash in the 1920’s when they marketed it as a solution to chronic halitosis. However, in 1983, a new feature was added in which Listerine also fights plaque making it more desirable for consumers concerned with dental hygiene. Today, it continues to fight bad breath, and plaque having 70% of the total market share. According to Johnson & Johnson’s 2012 Annual Report one of the positive contributors to operational results was international sales of Listerine oral care products.
I. Environmental Analysis
1. Economic Forces
The economic forces affecting the company include inflation and fluctuations in interest and currency exchange rates. Additional challenges include technological advances and Johnson & Johnson’s competition and patents attained by com...
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...e store prices range from $3.25 to $6.49
3. Promotion
Listerine uses various types of promotion to target their audience such as advertising in television ads, ads at retail locations, promotional or discount coupons in store, in print or online. It also uses magazines and social media to advertise their product.
4. Distribution
Listerine products can be found at retail outlets, convenience stores, supermarkets, grocery stores, online.
V. Implementation – Marketing Structure
With product labels such as Crest Pro Health, Colgate Total, Scope, Biotene and Act, Listerine is positioned in a Perfect Competition. It needs to pay attention to the new studies that are coming out and make changes accordingly if it wants to maintain its current strong position. With its trusted brand and reputation I believe it will continue to be a leading product in the industry.
The multinational pharmaceutical firm, Wellcome PLC, brought a product to the market to help treat the symptoms of AIDS and HIV. Wellcome PLC owns an American subsidiary known as the Burroughs Wellcome Company. In 1987, Burroughs Wellcome Company received FDA approval to sale Retrovir, which interferes with the ability of HIV infected cells to produce new virus. Burroughs Wellcome Company finds itself under siege in September 1989 by AIDS activists and various segments of the U.S. government. Despite two reductions in price in the last two years, Burroughs Wellcome Company’s executive management is under unrelenting pressure to decrease the price of Retrovir so that many more people can afford the prescription.
Warning labels kill me. Have you ever read a label, and it has several deadly side effects, and you're like so what’s makes you think I would even buy this? Why would you even sell this? That’s how I feel about toothpaste. If you read the box toothpaste comes in it's, a warning stating not to swallow and if swallowed call poison control. How extreme for something so commonly used. This is due to the potentially dangerous chemicals. Triclosan, SLS (sodium lauryl sulfate) artificial sweeteners, fluoride, propylene glycol, (DEA) diethanolamine, microbeads and the list can go on an on. Your mouth one of the most absorbent places on your body. So toothpaste doesn’t have to be swallowed for you to be affected. The chemicals pass through the lining
The history of a Dental Hygienist is very riveting. This profession was first founded in 1913 by Dr. Fones when he created the first Dental Hygiene education program in Bridgeport, Connecticut. In 1906 Fones trained Irene Newman the basics, and she was then the first Dental Hygienist in the world. Later, the founding of the first Dental Hygienist training program, many more were founded. People that decide to become a Dental Hygienist for many reasons, and one is because it is listed to be the 5th out of the “100 best jobs” in 2015. Other reasons are because the “U.S. Bureau of Labor Statistics” projects that the employment will grow to 33.3%
Renak, Judith. “Tylenol made a hero of Johnson and Johnson: The recall that started them all,” The New York Times. March 22, 2002. Retrieved May 3, 2011 from: http://www.nytimes.com/2002/03/23/your-money/23iht-mjj_ed3_.html
During the 1900's, the McNeil company developed and established Tylenol into a well known and recommended analgesic. It has become recognized world wide as a safe brand of acetaminophen. The name Tylenol has become identified as a trusted, safe drug that people can easily purchase over the counter for their ailments. Tylenol is still recommended by doctors even though there was a cyanide scare in the history of the company. It has been discovered by my independent survey that consumers use Tylenol for their pet's needs also.
Dental carries is one of the most common oral diseases in the world, and it often goes untreated due to the expense of treatment. According to the World Health Organization (WHO) 60 to 90 percent of school aged children throughout the world suffer from untreated dental carries. Ethnic minorities, the poor, the elderly, and those who are mentally and/or physically disabled are other disparities who also suffer from untreated dental caries (Alcorn & Rogo; 2012). Looking for a way to solve the epidemic of dental caries by providing affordable treatment, silver diamine fluoride (SDF), also known as the “silver fluoride bullet,” was created. Claiming to be both affordable and effective, SDF could be the answer to low cost carries treatment the world has been searching for. The purpose of this paper is to research the efficacy of silver diamine fluoride in comparison to sodium fluoride varnish. Our PICO question is: In a patient with dentinal caries, will the use of silver diamine fluoride compared to sodium fluoride varnish, be more effective at arresting caries?
... global marketplace, it is also essential that Johnson & Johnson focuses on the critical drivers of their future growth: to create value through innovation, to extend their global reach, with local focus, to execute with excellence in everything it does and to inspire leadership with purpose among the people who carry on the Johnson & Johnson legacy.
McTigue Pierce, L. (2005, July). Pfizer: Growth amid adversity. Food & Drug Packaging, 69, p. 60.
Brushing your teeth twice a day only cleans twenty-five percent of the mouth at a time. It is for this reason why dentist recommend a healthy fluoride solution to be included into your daily brushing routine; this mouthwash solution will help flush away any food remnants and harmful bacteria from the hard to reach crevasses in the mouth. If this step is skipped it can lead to the formation of dental caries and gum disease, which can lead to worse things if they are not taken care of. To help stress the importance of dental hygiene, Listerine, which is a mouth wash company, released an advertisement for their cool mint flavored antiseptic mouthwash in the hopes of getting non-mouthwash users to jump on the Listerine mouthwash band wagon to proper
In 1991, CP launched new products in the U.S market CP and held 43% of the world toothpaste market and 16% of the world toothbrush market. Other oral care products included dental floss and mouth rinses. In 1991, worldwide sales of CP's oral care products increased 12% to $1.3 billion, accounting for 22% of CP's total sales.
Procter & Gamble are responsible for producing a good percentage of the world’s best-known brands of household needs, health care, personal care, and baby care. Consisting of 25 brands, each an annual revenue of $1 billion, and an additional 15 brands that pull in $500 million annually, Procter & Gamble overall makes $84 billion each year through both brick-and-mortar stores and online stores in 180 nations. As Procter & Gamble’s products are virtually all convenience-related, distribution market coverage is widely used by the firm. Their products are carried amongst supermarkets, drug stores, and other similar franchises. Because of limited space on store shelves, not all products can be available at the same time. As a result, Procter & Gamble’s products compete for space not just with other rival firm brands but also the store brands themselves. Ways that Procter & Gamble rectified this issue is (as an example) making a distribution agreement(s) with companies
American Home Products Corporation (AHP) was founded in 1926 and has a history of continuous acquisitions of smaller companies that made proprietary medicines. In 1931, AHP purchased John Wyeth & Brother, Inc. from Harvard University. Another important acquisition was that of Canada’s Ayerst Laboratories in 1943. Ayerst was a large pharmaceutical company that had introduced Premarin, the world’s first conjugated estrogen product, and now the most widely prescribed product in the United States (ahp.com). In March of 1982, Sherwood Medical was acquired, enabling AHP to capture a share of the developing medical devices market. In 1984, Whitehall, an original member of AHP, started to market ibuprofen in the United States that was sold under the trademark Advil.
However, in 1970 Scope became the market leader in Canada, but it was not the only brand in the mouthwash market, it had many competitors, such as Listermint mouthwash that was launched by Warner Lambert in 1977 and it was a direct competitor to Scope, it had nearly the same characteristics as Scope with a 12% of the market share.
By investing more in market research than any other company, conducting thousands of research studies and investing millions in consumer understanding every year, P&G has made a success out of articulating unspecified consumer wants and needs translating them into products. Not only is their a successful transition from idea to product, but P&G has also demonstrated global success in branding these products into household names with the logistics and distribution capabilities to translate it into meeting consumer and retailers needs satisfactorily. By translating these characteristics into continuously improving efficiency and productivity, P&G can give the best brand value to the Indian market by building relationships with consumers,businesses and retailers, making Oral B the toothbrush household name in India.
Colgate Palmolive is the current leader in manufacturing and distribution of oral care and general hygiene products in the world (Crescendo Networks, 2011). Almost all households on the globe use a product of Colgate Palmolive. The success story of Colgate Palmolive started way back in 1873 when its founder, Mr. Colgate, started the company, and ever since, the company has been rising in the corporate world to achieve its current position. However, this does not mean that all has been well throughout. Each business environment has challenges that businesses have to overcome to remain competitive. This is mainly done by formulating and adopting effective strategies that will not only help to overcome the challenge but also to enhance creativity and innovation. At Colgate Palmolive, innovation is highly encouraged and practiced which explains its broad range of products.