Question: Read the case study, The case is about Flare Fragrances Company. They experienced a decline in growth in less than a year, back in 2007
Read the case study,
The case is about Flare Fragrances Company. They experienced a decline in growth in less than a year, back in 2007 the growth rate in sales was 12%; however, in 2008 it declined to only have 2% of growth in sales. Their goal for 2009 is to increase revenue by $7.5 million, in order to do that they want to launch a new product, which is called “Savvy”, and they DON’T want to expand in through the drugstore's channel.
In this Case you need to write down the SWOT analysis, recommended marketing strategy, and the Proforma income statement and break even.
The SWOT analysis consists of problem Statement & Objectives, Strengths, Weaknesses, Opportunities, and Threats, Recommended strategies, product strategy, pricing strategy, promotion strategy, advertising media, and message strategy
Step by Step Solution
3.37 Rating (150 Votes )
There are 3 Steps involved in it
This question is complete so lets proceed with the steps to address the requirements effectively Step 1 SWOT Analysis Problem Statement Objectives Problem Flare Fragrances experienced a significant de... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (2 attachments)
6098442f8d398_28677.pdf
180 KBs PDF File
6098442f8d398_28677.docx
120 KBs Word File
