CASE STUDY

OTC Product First to Market Secures 50% of Market Share

Assist one of the largest manufacturers of private label OTC products with an allergy treatment launch with tight timelines.

Summary

Working with one of the largest manufacturers of private label OTC products to assist in launching an OTC allergy treatment under various store brand labels. The project involved creating a dedicated team to manage logistics and distribution, expanding warehouse space for inventory, and packaging finished goods in multiple formats. Praxis assisted the client to beat the national brand to market, ultimately securing over 50% market share.

Objective

Facilitate the timely launch of an OTC allergy treatment for a major store brand manufacturer, ensuring they outpace a national competitor; requiring meticulous management of logistics and packaging across multiple customer labels to maximize market share.

SOLUTIONS

Secondary Packaging

Praxis provided labeling, cartoning, clamshell and thermoform packages, stretch cards and numerous promotional display configurations.

Dedicated Project Team

Praxis formed a specialized team to oversee logistics and distribution throughout the launch with streamlined timeline management to ensure timely execution and prevent delays.

Expanded Warehouse

Additional storage capacity was created to manage inventory effectively for multiple customer SKUs.

Conclusion

The client’s success outpacing the national brand to secure over 50% of the market share made this the most successful launch in the client’s history. Praxis effectively supported the client in navigating a large rollout with over a dozen different small and large product labels. The expansion of storage capacity not only optimized operations but also ensured efficient management of multiple product SKUs to meet diverse customer demands promptly. Overall, this project stands as a testament to Praxis’ customer-focused mission and our focus on collaboration.

Services Provided

Cartoning, Clamshell & Blistering, Labeling, and Stretch Carding

50percent_marketshare_praxis

Beating the National brand, securing over 50% of market share, resulting in the most successful product launch in client’s history.

multiple skus

Praxis provided for over a dozen different products with labelling and multiple packaging types, all within timeline for successful product launch.

AGILE

Praxis provides agility by quickly adapting logistics and packaging processes to meet tight timelines.

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