out of box: pharma marketing
DESCRIPTION
Innovation in Marketing: Towards excellenceTRANSCRIPT
Dr D K Mehta / Vasu / MIS 2013 / Selvas
DTC: A Growth Driver trend renewed
Marketing's Role in Outstanding Performance
Of The Organization
Dr D K Mehta / Vasu / MIS 2013 / Selvas
The concept of DTC
• Direct-to-consumer advertising (DTC advertising) usually refers to the marketing of Pharmaceutical Products
• Forms of DTC advertising include TV, print, radio, mass and social media and un-conventional media such as seminars, workshops, counseling, camps, education etc
Dr D K Mehta / Vasu / MIS 2013 / Selvas
DTC is not OTC
• DTC– As an extension to Ethical
Promotion– Educational and Promotional
in nature– Sensitizing consumer(Patient)
about the problem and availability of solution
– Effective tool for the serious ailments too
– Works hand-in-hand with GP/CP promotion
– Social Media can be boon
• OTC– Deviation from the ethical
route – Selling in nature– Enticing consumer to buy
the product– Possible only for common
ailments such as cough, cold, constipation, pain, fever, sore-throat etc
– Works in isolation of Medical profession
Dr D K Mehta / Vasu / MIS 2013 / Selvas
Relevance of DTC to i-Generation
• Educated consumer (Patient)• Information seeking consumer• Price sensitive consumer• Connected and Networking
Dr D K Mehta / Vasu / MIS 2013 / Selvas
New media and the evolution of direct-to-consumer advertising
• Individuals are no longer limited to just the television or newspaper to obtain their entertainment, news, and information, but can access content via
– websites, – online video, – social networks, – mobile devices, and a variety of other ways.
• Consumers are especially shifting to new media sources for health and pharmaceutical information
– over 145 million U.S. adults looked up health information online in 2008 and over 327 million U.S. adults looked for health info in 2012
Dr D K Mehta / Vasu / MIS 2013 / Selvas
Possible Achievements of DTC
• Discussion and spread amongst peers
• Influence doctor prescription
• Encourage self medication• Direct Sale
Dr D K Mehta / Vasu / MIS 2013 / Selvas
Examples of DTC
Dr D K Mehta / Vasu / MIS 2013 / Selvas
The first direct-to-consumer print ad was for Merck & Co's Pneumovax, a pneumonia vaccine, which appeared
in Reader’s Digest in 1981
Dr D K Mehta / Vasu / MIS 2013 / Selvas
On May 13, 1983, Boots Pharmaceuticals (the US arm of a major British pharmaceutical company and pharmacy chain) launched the first TV ads for a prescription medicine in Florida for the prescription brand of Ibuprofen called Rufen
Dr D K Mehta / Vasu / MIS 2013 / Selvas
• The ads, featured CEO John D. Bryer, who delivered the message that Rufen was cheaper than Motrin. It was a price ad and made no efficacy claims and as such it did not include Package Insert information.
• The company also placed a full-page ad in the Wall Street Journal, and in the print ad, the full package insert, the prescribing information, was included
Dr D K Mehta / Vasu / MIS 2013 / Selvas
Claritin (Loratidine) was approved in 1993, and DTC advertising was launched in 1995 by Schering-Plough
Dr D K Mehta / Vasu / MIS 2013 / Selvas
In 2005: Sepracor launched Lunesta (Hypnotic) on April 4 through consumer advertising over the next eight months. Sanofi-Aventis spent $88 million defending Zolpidem’s category
leadership
Dr D K Mehta / Vasu / MIS 2013 / Selvas
DTC in India
• Sun Pharma started patient education at their home after 1995, once achieved significant market share, followed by stagnancy
• Novo Nordics', the Insulin company reach out to the patients of Juvenile diabetes and offer heavy but start-up discount
• Cardiac stent and artificial joints making company depute representatives at the hospitals to counsel patient’s relatives
Dr D K Mehta / Vasu / MIS 2013 / Selvas
Opportunity for Vasu
• It’s more legal for us then any allopathic company including direct selling
• BAG, Dazzle, Glucova, Shyamala and Cutis range of products can promoted in camps and seminars
• Product leaflets can be targeted to specific end-user
Dr D K Mehta / Vasu / MIS 2013 / Selvas