Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Marketing Management Expert

In this assignment you will have to create an over the counter drug. Your company (the manufacturer is a startup company and has no other products on the market). Once you have created your drug you will need to name it and describe the box.

In addition, you will have to describe the target market for the OTC and why this OTC would be applicable to your target market. This is an individual assignment and you should not work with other classmates.

This assignment suspends reality in that we will assume FDC approval and any combination of items is allowed as long as they make sense, e.g. you would not have prune, psyllium, or bran in a diarrhea medicine.

Designing your OTC Your over the counter drug must be composed of at least one item from categories listed below. You cannot add extra elements to your drug.

You cannot add extra elements to your drug that are not on the list. Form Flavor Type Color Powder None Pain White Gel Tablet Cherry Cold/Allergy Red Cream Lime Diarrhea Light Green Fast Melt Peppermint Sleep Aid No color/clear Gummy Coffee Weight Loss Yellow Inhaler Chocolate Laxative Light pink Honey Energy Brown Caramel To your basic drug you must add at least two ingredients, you may add more, but they must be from the list below, Ingredients Ingredients Ingredients Acetaminophen Decongestants Chamomile Aspirin Butterbur Fenugreek seeds Naproxen sodium Zinc Simethicone Capsaicin Vitamin C Cellulose SAM-e Echinacea Melatonin Antihistamines Pseudoephedrine Doxylamine succinate Expectorants Loperamide Diphenhydramine GABA 5-HTP Benzodiazepines Caffeine Fiber Stevia Hoodia Chromium Orlistat Magnesium Citrate Psyllium Magnesium hydroxide 2 Docusate Sodium USP Bran Prune Aloe Vera Castor Oil Ephedra Ginseng phenylpropanolamine Sugar Box Cover You must design a box for your new OTC.

The front of the box must contain all of the required elements listed in the front column. Your box must contain all of the elements listed in the slide column.

You may determine what you want to have on the back of your box, some choices are listed below. You will need to use a separate page for each side of the box.

Front Back Side Name of the OTC Drug-required History List of ingredients-required Advertising slogan-required Visual Dosage suggestions-required Company name-required Other Picture/ illustration-required Mascot (if desired) -required Target Market You must clearly describe the target market for your OTC drug using the segmentation bases from chapter 5.

Once you have clearly defined your target market you need to explain how this OTC drug appeals to the target market be specific. Limit to one page.

Marketing Management, Management Studies

  • Category:- Marketing Management
  • Reference No.:- M92393094
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Marketing Management

Quesiton be sure to fully and completely answer each

Quesiton: Be sure to fully and completely answer each question. I am not looking for your to regurgitate what is in the textbook. Rather, students who analyze, synthesize, and evaluate course material and are able to eff ...

Question we are trying to invent a service which is called

Question: We are trying to invent a service which is called VR(virtual reality) online shopping. It is basically that we are able to shop online and understand this product through VR techniques. For example, if I'm tryi ...

Assignment 1 part a your marketing planfor this assignment

Assignment 1: Part A: Your Marketing Plan For this assignment, you will document your hypothetical company's background information and mission statement, your company's short- and long-term goals, an environmental analy ...

Creating media tools on your own craft a press release to

Creating Media Tools: On your own, craft a press release to bring to life your assigned story idea. The press release should be at least 2 pages following the provided press release format. Then chose a target reporter f ...

Question read the worddoc first and answer those following

Question: Read the word.doc first and answer those following question 1. Provide a list of at least five pieces of information that airlines have about their customers, and for each, explain how that information might he ...

Question suppose that for the price 250 the demand for

Question: Suppose that for the price $250 the demand for plane tickets for the "economy" class is 800, while the demand for "business" class is 600. While for the price $260 these demands the economy and business class a ...

Assignment project -assignment objectives - apply research

Assignment Project - Assignment Objectives - Apply research concepts and principles by developing a research strategy and proposal for a project Assignment Description - Part 1: During the past few weeks, you have consid ...

Question for this weeks assignment pick a product with

Question: For this week's assignment pick a product with which you are very familiar with or take the time to go through your clothes closet and try and find a product made in the USA, or one that you can anticipate bein ...

Question why is working capital management importantsome

Question: Why is working capital management important? Some discussion driving points: - What is the equation for NWC? - What are the components that working capital is made up of? - Do you need more working capital as y ...

Question marketing plan part iithroughout this course you

Question: Marketing Plan: Part II Throughout this course, you will compile a comprehensive marketing plan. (Note: You will use the same scenario throughout the course.) This scenario will be the basis of your start-up co ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As