Description
SWOT ANALYSIS OF COLDREX
‘Coldrex’
Parent Company
GSK
Category
Healthcare
Sector
FMCG
Tagline/ Slogan
‘For the rapid and effective relief from cold & flu symptoms’
All Coldrex products contain paracetamol and other active ingredients that are specifically formulated to relieve cold & flu symptoms, so they will provide much more effective relief than a general pain USP reliever.
STP
Segment
OTC medicine
Target Group
Masses
Positioning
Provides relief from major cold & flu symptoms
SWOT Analysis
1. Very well accepted in the European markets and enjoys the trust associated with GSK brand. 2. GSK has a strong presence in pharmaceutical products with world class R&D and product innovation, the brand benefits from that. 3. A wide range of products available in different pack sizes to Strength address needs of different consumers
1.The brand has almost negligible presence in India, an emerging market with promising opportunities Weakness 2. Have been reported to cause side-effects in some people.
Opportunity
1. Target the alternative channels and promote it through medical
representatives 2. Advertise on mass media to enhance recall
1. Not much awareness in the market regarding the effectiveness of the product. Threats 2. Lot of competition in the market.
Competition
1. generic drugs Competitors 2. Panadol cold and flu
doc_368389232.docx
SWOT ANALYSIS OF COLDREX
‘Coldrex’
Parent Company
GSK
Category
Healthcare
Sector
FMCG
Tagline/ Slogan
‘For the rapid and effective relief from cold & flu symptoms’
All Coldrex products contain paracetamol and other active ingredients that are specifically formulated to relieve cold & flu symptoms, so they will provide much more effective relief than a general pain USP reliever.
STP
Segment
OTC medicine
Target Group
Masses
Positioning
Provides relief from major cold & flu symptoms
SWOT Analysis
1. Very well accepted in the European markets and enjoys the trust associated with GSK brand. 2. GSK has a strong presence in pharmaceutical products with world class R&D and product innovation, the brand benefits from that. 3. A wide range of products available in different pack sizes to Strength address needs of different consumers
1.The brand has almost negligible presence in India, an emerging market with promising opportunities Weakness 2. Have been reported to cause side-effects in some people.
Opportunity
1. Target the alternative channels and promote it through medical
representatives 2. Advertise on mass media to enhance recall
1. Not much awareness in the market regarding the effectiveness of the product. Threats 2. Lot of competition in the market.
Competition
1. generic drugs Competitors 2. Panadol cold and flu
doc_368389232.docx