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Problems & Solutions of Vita500
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Contents
1. Vita500 vs Bacchus
2. Interview (Vita500 vs Bacchus)
3. Problems of Vita 500
4. Solutions of Vita 500
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Vita500 vs Bacchus
Sales
Bacchus - 617,800,000,000won
Vita500 - 503,200,000,000won
Product Type
Bacchus - medicine
Vita500 - drink
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Vita500 vs Bacchus
Marketing strategy
Bacchus : Very humane, plebeianism, healthy
Vita 500 : Many different events, hiring famous celebrities
Customer loyalty
Bacchus : Very strong sales network, and high loyal customer
Vita 500 : Loyalty is well below the Bacchus`
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Problems of Vita500
1. There are too many me too products
too many me too products = kill off the competitor
2. Vita 500`s size is too small
Size of 5% of it`s total size.
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5. Not good of a after service
However, this is a refreshment drink, hence could purchase both pharmacy as well as the nearby convenience store. It has 20% of sales.
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Marketing strategy
Bacchus : Very humane, plebeianism, healthy. `±×³¯ÀÇ ÇǷδ ±×³¯¿¡ Ǭ´Ù``ÀþÀ½, Áöų °ÍÀº ÁöŲ´Ù``¿ì¸®ÀÚ¸®°¡ ¾Æ´ÏÀݾÆ` The model of the advertisement is security gaurd, sanitation worker and etc. People who work hard without too much of a prize are the model. Seen and achieved maximum profit off of it by targeting for common people like you and me. This has brought significant amount of profit over the years. Perhaps a good example of successful advertisement
Vita 500 : Many different events, hiring famous celebrities, however not much of a outstanding advertisement impact. Even with the sales, after the year 2005, it has never surpassed sales of Bacchus
Customer loyalty
Bacchus : Very strong sales network, and high loyal customer
Vita 500 : Loyalty is well below the Bacchus`
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1. There are too many me