Metabical Cases

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Metabical Cases

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Title: Metabical Cases


1
SWOT analysis of Metabical
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What is SWOT Analysis?
  • SWOT analysis is a strategic planning usually
    applied to evaluate the Strength, Weakness,
    Opportunities, and Threats of the business of
    Metabical which is widely used effective
    anti-obesity drug approved by FDA for the
    overweight individuals having BMR ranging between
    25 to 30. It includes observing the internal and
    external marketing milieu.

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Strength   Safe, secured and effective drug FDA Approved.  Less harmful in comparison with the other products Minimum dose required   Average course treatment lasts for 12 weeks. Mixture of Calosera and meditanan generated dramatic result for weight loss. Strong and Widespread marketing strategy Experience RD and marketing team Assign considerable amount of money in the marketing budget. Weakness   Negative side effect, such as gastrointestinal discomfort. Properly not effective for the people with BMIgt30
Opportunities   Widespread support program. Health care policies to include Metabical in their medical treatment and prescription drug program 65 of the adult population is considered as overweight, or severely obese. No medicinal instruction drug options for the overweight section (BMI 25-30) available in the year 2008 except drug Alli approved by FDA. Market research shows there is a high growth opportunity of this medicine due to wide acceptance by the people. Threats   FDA imposed strict regulation due to the negative side-effect scenarios. Increasing herbal or dietary supplements. Misleading marketing claims.
4
Target market for Metabical
  • Specifically for the overweight people with BMI
    of 25 to 30.
  • The women with age ranging between 25-65.
  • The women with household revenue between 50,000
    - 80,000.
  • The women along with college education and above.
  • Concern with the health issues produced by
    overweight and vigorously trying to lose weight.
  • Willing to alter current attitude and to live
    healthy lifestyle with healthy feeding habits.

5
Focus on patient and healthcare provider
6
Marketing communication strategy
  • The marketing strategy of a Metabical needs to
    concentrate upon following targets
  • The Healthcare Suppliers
  • The Consumers to whom the medication will be
    prescribed.
  • This communication strategy will also speak about
    the concerns of associated healthcare providers
    to whom the patient raises their claims for
    having problems after stopping medication and
    strategy will also include the continuous support
    program to provide solution. It is most essential
    that this marketing communication strategy will
    definitely have the proper timeline for each of
    the vital marketing activities which include the
    following steps
  • Advertising To build awareness, knowledge and
    image of the brand
  • Promotion and Establishing Public Relationship
  • Product Launch
  • Sales Force such as organizing Road show sales
    Team upon
  • Clinical Information
  • Supporting Program

7
Marketing Communication Activities
8
Advertising
  • Direct-to-Consumer (DTC) is a new sensation in
    advertising in recent drug industries since it
    brings together the instructions by the FDA
    during 1997.
  • In the very first year, Metabical industry needs
    to aggressively invest money on advertising
    events to DTC which will create knowledge about
    the product and awareness about the brand.
  • The idea of advertising by popular celebrity is a
    great idea and it will help to draw attention of
    more consumers and make eagerness to purchase
    Metabical.
  • The advertising strategy Metabicals will also
    need to target related medical communities
    because they are the providers of healthcare.
  • These advertising strategies targeting the
    healthcare providers will definitely have
    taglines which will be synopsis of about the
    Metabicals how it is effective to lose excess
    weight, short term drug therapy and long term
    solution of the problem.

9
Promotion and Public Relations
  • The overall budget for promotion and public
    relationship will include both the end customers
    as well as the healthcare providers.
    Approximately one-third of total budget for this
    campaign are generally being allotted for
    promotional campaign in first year.
  • Prior to Metabical launch, leaflets along with
    reply cards have to be sent through email to all
    selected healthcare providers for providing a
    sample of the support program. These leaflets
    will have Metabical information.
  • After the pre-launch email campaign, the next
    important campaign where marketing and
    communication strategy should have to focus is
    viral marketing that will help to influence the
    global market.
  • On the product launch day different online
    contests can be planned where the contestants
    will be asked to compete to cite best ways of
    reducing BMIs at highest extent and how
    Metabicals contribute in this.

10
Sales Force
  • The Metabical sales team has to be consisted of
    number well trained sales representatives who
    service targeted medical offices. These sales
    teams have been suggested to provide product
    feature of Metabical to healthcare providers.
  • For meeting up the objective of creating product
    knowledge and its benefits, the sales team
    provides clinical data and to organize for a
    visit to four medical offices per day for end up
    3,200 medical offices which are present in their
    data base. CSP require to rise the number of
    their sales force team for covering up the other
    100,000 healthcare providers which are still
    unexploited by them. This additional sales force
    team needs to be present all the investigations
    that they may accept after mailing of pamphlets
    and distributing sample to almost 100,000
    healthcare providers.

11
Continuous Support Program
  • People are required to be educated about the
    better consequences of Metabical in place of
    other anti-obesity drugs.
  • What lifestyle people can have once they achieve
    the initial benefit of the Metabical pill.
  • Presentations of the sales force team such that
    they can convey profits of it to all healthcare
    providers

12
Strategy
  • Product strategy
  • FDA approved Metabical as the first drug to be
    prescribed for people with overweight having BMI
    ranging between 25 and 30. Metabical has been
    tested and proved through clinical as a one of
    the best safest and effective drug to lose weight
    by 12 weeks. So while packaging it is required to
    build some strategy on number of pills in a
    packet.
  • Distribution strategy
  • Since Metabical pills are prescribed drug it will
    be distributed in all conventional distribution
    channels like drug stores, specialty stores like
    pharmacy, healthcare providers and online shops.
  • Pricing strategy
  • Like any products pricing is also one of the key
    factors to get success for Metabical. It is
    always recommended to compare the price with its
    closest competitors.

13
Conclusion
  • This communication strategy related marketing of
    Metabical should successfully create demand of
    Metabical drugs because this strategy is based on
    market research and market survey extensively and
    also clinically tested. Also since FDA approved
    Metabical as the only prescribed drug for weight
    loss it will attract a huge number of consumers
    and a uprising demand in near future.

14
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