Mem Case Study
Summary: MEM (the Company) is a small, publicly-traded company which specializes in the production of toiletries for men, women, and teenagers. It's most visible product is English Leather, a men's fragrance which has been in existence since the 1930's. The Company's was founded in the late 1800's by Mark Edward Mayer and has been run by a member of the Mayer family ever since.
Environment Conclusions: The fragrance market is challenging in general because marketers must sell an "image" in addition to a fragrance. The market playing field is very competitive and the margins are low.
The Company's internal structure is somewhat antiquated they recently reorganized the sales and marketing functions, but the Company continues to run with an organizational structure better suited for a much smaller company. The sales reps compensation package is not competitive with other firms and does not provide sales quotas for financial incentive.
Other Analytical Conclusions:......
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Approximate Word Count: 377
Approximate Pages: 2 (250 words per double-spaced page)
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