22

Effective Medical Communications in Pharmaceutical marketing

Embed Size (px)

DESCRIPTION

The basics of creating effective medical communications products

Citation preview

Page 1: Effective Medical Communications in Pharmaceutical marketing
Page 2: Effective Medical Communications in Pharmaceutical marketing

Communication is the process of transferring information from one source to another to create shared understanding.

Page 3: Effective Medical Communications in Pharmaceutical marketing

communication by presenting information through Visual form.Uses text, Images, Graphs, Video, Animations.

Page 4: Effective Medical Communications in Pharmaceutical marketing

MediaMessageSender Encodi

ng

Response

Feedback

Noise

Decoding

Receiver

Elements in the Communication Process

Page 5: Effective Medical Communications in Pharmaceutical marketing

HigherLower Price sensitivity

LowerHigherDegree of govt. regulation

ConsumerPharmaceuticalsFactors compared

LowerHigherImportance of ethics

LowerHigherBrand loyalty

TrueNot TrueConsumer is decision maker

How is pharmaceutical market different?

Page 6: Effective Medical Communications in Pharmaceutical marketing
Page 7: Effective Medical Communications in Pharmaceutical marketing

( Marketing Communication matrix)

Page 8: Effective Medical Communications in Pharmaceutical marketing

Promotional objectives

• To support sales increases• To encourage trial• To create awareness• To inform about a feature or benefit• To remind• To reassure• To create an image• To modify attitudes

Page 9: Effective Medical Communications in Pharmaceutical marketing

Define your product's USP

Evaluate company strategy

Page 10: Effective Medical Communications in Pharmaceutical marketing

Create Unique selling proposition

Fit with company's overall strategy

Page 11: Effective Medical Communications in Pharmaceutical marketing

•Against (Vs a competitor brand)•Niche (a sub-division of a category)

•New (breakthrough product)•Traditional

Positioning of product can be

Page 12: Effective Medical Communications in Pharmaceutical marketing

Diversification

Market Penetration Market Development

Product Development

Existing Markets New Markets

Existing Products

New Products

Ansoff’s Matrix (Product/Market Matrix)

Page 13: Effective Medical Communications in Pharmaceutical marketing

Segmentation of the market

By Patient DiagnosisBy Formulation

By ProductBy Buyer

Page 14: Effective Medical Communications in Pharmaceutical marketing

• Advertising

• Sales promotion

• PR and Publicity

• Personal selling

• Direct marketing

Page 15: Effective Medical Communications in Pharmaceutical marketing

Choice of promotional strategy depends on-

Objectives

Stage of life cycle

Market segmentProduct Type

Competitive activity

Channels of distribution

Page 16: Effective Medical Communications in Pharmaceutical marketing

Choice of Marketing mixWhich Media should I choose

• Marketing objectives• Definition of problem e.g falling

awareness• Evaluation of different tools• choice of optimum mix of promotional

methods• Integration into overall marketing

communication programme

Depends on-

Page 17: Effective Medical Communications in Pharmaceutical marketing

Designed to make all aspects of marketing communication such as advertising, sales promotion, public relations, and direct marketing work together as a unified force, rather than permitting each to work in isolation.

Importance of Integrated marketing communication

Page 18: Effective Medical Communications in Pharmaceutical marketing

Effective Medical communication

• # Focus on the Receiver

• # Focus on the Proposition

• # Dramatize the Proposition"Break the boredom barrier!"

Page 19: Effective Medical Communications in Pharmaceutical marketing

•Message complexity

•Message overload

Page 20: Effective Medical Communications in Pharmaceutical marketing

Written by-Dr. Neelesh BhandariMD (Path), PGP Human RightsAdvisor (Medical Communications) Mark IV Medical Communications.

http://tinyurl.com/drneelesh

Page 21: Effective Medical Communications in Pharmaceutical marketing
Page 22: Effective Medical Communications in Pharmaceutical marketing

INDIA20, Bharathi Park, 8th CrossSai Baba Mission PostCoimbatore 641011Tamil Nadu, Indiawww.markivmedical.comTelephone: +91 422 4385520Fax: +91 422 2430963Email: [email protected]

UNITED STATES225, West 36 Street Suite 800,New YorkNY 10018

Telephone: +1 646 383 1570Fax: +1 646 519 2757Email: [email protected]

GERMANYRepresentative German OfficeFriedrichstrasse 11-1342781 Haan - GERMANY

Telephone: (+492129) 94 05-23Fax: (+492129) 94 05-20Email: [email protected]

UNITED KINGDOM2nd Floor,145-157St. John Street,London EC1V 4PY

Telephone: +44 020 3239Email: [email protected]