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Johnson & Johnson
Johnson & Johnson
ON
Submitted By:
Devanshi Chavda
23058
Div.: B
Submitted To:
Prof. Mitesh Jaiswal
Dr. Raju Rathod
INTRODUCTION
Johnson & Johnson, founded in 1886 is an American company manufacturing mainly medical
products and devices, pharmaceutical, and consumer packaged goods. Johnson & Johnson
has its headquarters in New Brunswick, New Jersey. It has around 250 subsidiaries selling its
products in around 175 countries.
Johnson & Johnson is one of the leading companies of the world and listed among the fortune
500. With a very good targeting strategy followed Johnson & Johnson caters the need of all
the segments of the society, from babies to adults. More than 100,000 people are employed
with the company worldwide.
The company develops, manufactures, and sells a wide range of products in the healthcare
field. Its best-known products include its line of consumer products, medical devices, and
pharmaceutical products.
PRODUCT CATEGORIES
Johnson & Johnson’s product categories are broadly divided into three segments: Consumer
Health, Pharmaceutical, and MedTech. The Consumer Health segment includes a wide range
of products such as skin and hair care products, over-the-counter medicines, and baby care
products. The Pharmaceutical segment includes various therapies for immunology, infectious
diseases, neuroscience, oncology, cardiovascular and metabolism, and pulmonary
hypertension. The MedTech segment includes a wide range of medical devices and diagnostic
equipment.
The product strategy and mix in Johnson & Johnson marketing strategy can be explained as
follows:
Johnson & Johnson has an extremely wide and elaborate product portfolio. Johnson &
Johnson focuses majorly on three product categories i.e. pharmaceuticals, medical devices &
consumer products. The above-mentioned categories contribute significantly to the total
revenues earned for Johnson & Johnson. These offerings of Johnson & Johnson are the
product strategy in its marketing mix. The company mainly caters the consumer product
lines. The main products under Johnson & Johnson include:
1. Baby Category Johnson & Johnson products which include different types of massage oils,
body lotions, soaps, creams, powders, nappy pads and shampoos. Within these products also
there are various categories and types available.
2. Johnson & Johnson Skin Care products include Clean Care facewash which are available
in different flavor like apple, strawberry, lemon etc.
clean care face creams, clean and clear moisturizers, cleansers etc. it also has a new category
of products under Neutrogena brand name which also brings in skin care products.
3. Wound care segment brings in products like Johnson & Johnson Band aid
4. Oral care like mouth washes with different flavours like fresh mint, cool mint
5. Pharmaceuticals products are also one of the major segment of Johnson & Johnsons. They
are used for Dermatology, anti-fungal, contraceptive etc.
6. Medical equipments are also produced by Johnson & Johnson which are mainly includes
products for spinal care, circulatory diseases etc. also including disposable contact lenses and
diabetes testers.
PRODUCT DIVERSIFICATION
As a marketing strategy, product diversification involves offering multiple products that
appeal to different customer segments. This can include expanding into new markets or
developing new products within existing markets. In the case of Johnson & Johnson (J&J),
they have successfully implemented this strategy through their diverse range of healthcare
products for consumers, medical professionals, and pharmaceuticals.
One example of J&J’s product diversification is their consumer health division which
includes over-the-counter medications such as Tylenol, Motrin IB, Benadryl, Zyrtec, and
Neosporin. These products cater to a wide range of customers who need relief from pain,
allergies, cold symptoms, and skin irritations. Additionally, J&J offers baby care products
including lotions, shampoos, washes, and powders under brands like Johnson’s Baby and
Desitin. They also offer feminine hygiene products under the Stayfree brand.
Another aspect of J&J’s product diversification is their medical devices segment which
includes surgical equipment, orthopedic implants, diabetes management tools, and vision care
solutions. Their Ethicon subsidiary produces surgical instruments used by surgeons
worldwide while their DePuy Synthes unit provides joint replacement systems and spinal
implants. J&J Vision develops contact lenses and laser eye surgery technologies.
Their pharmaceuticals division focuses on developing treatments for chronic diseases such
as cancer, immunological disorders, neuroscience conditions, infectious diseases, and
cardiovascular disease. Some of their blockbuster drugs include Darzalex for multiple
myeloma, Imbruvica for leukemia and lymphoma, Xarelto for blood clots and stroke
prevention, Invokana for type 2 diabetes, and Simponi for rheumatoid arthritis and ulcerative
colitis.
PRICING POLICY
Following is the distribution strategy in the Johnson & Johnson marketing mix:
Johnson & Johnson products are available extensively because of a strong distribution
network. With a total of around two hundred and thirty subsidiaries and with operations in
around sixty countries it is a well-known brand with its name spread even in the remote parts
of the country. Johnson & Johnson has an advantageous stand of the local windows of the
operating countries which helps them link easily with the customers. A well organized and
efficient team is appointed by Johnson & Johnson who look into all the operation and
distribution of the products. They supervise and coordinate all the activities and strive to
reach every targeted customer. There are also conditions in which the local manage the
subsidiaries thus giving an edge over the competitors. Decentralization technique of
management is followed by the company, engaging the employees. Johnson & Johnson has a
wide and well distributed distribution network as a part of its marketing mix strategy. With
the growing trend of online shopping and advancement in technology Johnson & Johnson has
rightly captured the opportunity and sell their products via different online portals and
shopping sites.
Johnson & Johnson products are easily available almost everywhere, retail stores,
wholesalers and market. With the growth of ecommerce platforms, the company has its
products available online, which the company also promotes via digital marketing, social
media engagement etc.
The promotional and advertising strategy in the Johnson & Johnson marketing strategy is as
follows:
Johnson & Johnson has followed a very good marketing strategy, creating awareness through
advertisements via different medias which are generally very eye catching. The marketing
mix promotional strategy of Johnson & Johnson is to have a 360 branding. This appeals the
customers to buys the products. Johnson & Johnson have realized the importance of
spreading awareness about the production the market and have utilized their full capacity to
reach out to people. The Johnson & Johnson ads are placed everywhere and through all
mediums, like hoardings, magazines, newspapers etc. Their advertisements also carry an
emotional content majorly focusing on quality and care. Johnson & Johnson have also
focused on coming up with very good packaging which is environmentally friendly. Johnson
& Johnson have come up with various kinds of campaigns also as a part of the promotional
activities. Few of them being “Having a Baby Changes Things”, “The Campaign for
Nursing’s Future” etc. Johnson & Johnson ads generally focus cute babies and kids which
people love to see and depicts love and care from a mother’s perspective. The mother baby
connection is strongly shown there. Also, few cartoon characters are used to attract the
customers. Johnson & Johnson also comes up with various kinds of offers like get a soap free
on purchase of two etc. several kinds of discounts coupons are also given along with baby
products and on buying all in one packs. Hence, this summarizes the Johnson & Johnson
marketing mix.
MARKET POSITIONING
Johnson & Johnson positions itself as a trustworthy provider of high-quality, science-based
solutions, emphasizing safety, efficacy, and comfort for both patients and consumers. The
company’s strong brand name and its diversified products with extensive global reach make it
attractive for investors looking for stable market performance.
Summary:
Johnson & Johnson has solidified its market leadership position over the years.
The company tends to outperform the market during economic crises, and its
operations are less vulnerable to recessions.
J&J's strong brand name and its diversified products with extensive global reach make
the company attractive for investors looking for stable market performance.
J&J is highly ranked in our multi-factor system, backed by solid quality, value, and
momentum factors.
WEBLIOGRAPHY