Marketing plan for glucometers - product management
This marketing plan proposes strategies to promote Glucometers in Pakistan. It begins with an overview of diabetes, prevalence of type 2 diabetes, and pathophysiology. It then analyzes the market, including the political, economic, and competitive landscape. Key competitors and their products are described. A SWOC analysis identifies strengths, weaknesses, opportunities, and challenges. The marketing strategy involves educational programs targeting patients, societies, and healthcare providers to increase disease awareness and position the company's glucometer as the preferred brand. Field force will connect with all stakeholders to drive sales and build relationships. Specific tactics target pregnant women, children, and general populations. Partnerships with diabetic societies are also proposed.
The Disease
• Diabetesmellitus is a progressive
metabolic disease that is
associated with significant
morbidity and mortality.
• The vast majority of people with
diabetes are classified as having
either type 1 or type 2.
• Other types of diabetes include
gestational diabetes and diabetes
resulting from genetic conditions,
surgery, drugs, malnutrition,
infections, and other illnesses.
4.
Prevalence of Type2 Diabetes
• About 90% to 95% of all patients with diabetes
have type 2 diabetes, which constitutes an
enormous health problem throughout the world.
• It has been estimated that 5% to 7% of the
world’s population may be affected by the
disease.
• In reality, the prevalence of type 2 diabetes may
be much higher since many people with the
condition remain undiagnosed.
Pathophysiology of Type2 Diabetes
• In people with type 2 diabetes, the disease gradually
evolves from a state of normal glucose tolerance (NGT) to
impaired glucose tolerance (IGT), and then to overt
diabetes.
• Once diabetes develops, blood glucose levels rise to high
levels following meals, and remain high during the fasting
state, thus producing both postprandial and fasting
hyperglycemia.
• Individuals who have developed IGT or IFG may be
considered to have “pre-diabetes” and have a high risk for
progressing to overt diabetes mellitus.
Acute Metabolic Complications
Themain acute complications of diabetes are
metabolic in nature.
They include:
• Diabetic ketoacidosis (DKA).
• Hyperglycemic hyperosmolar state (HONK).
Gestational diabetes mellitus
•Gestational diabetes mellitus is hyperglycaemia which is
first recognized during pregnancy.
• Diabetes mellitus occurs in 3 to 5 % of pregnancies, but the
incidence will probably increase as the incidence of obesity
increases.
• Gestational diabetes is routinely screened for at 24 to 28
week or, if women have risk factors, also during the 1st
trimester.
• A 50-g, 1-h glucose tolerance test is used for diagnosis; if
the result is between 7.7 to 11.1 mmol/l, a confirmatory
OGTT is done. If glucose is over 11.1 mmol/l, women are
treated for the rest of their pregnancy.
Geo –Political Situation
•unstable political situation due to :
abrasion among leading political parties of the
country
War against terrorism
Clash between local feudal lords and government
in Baluchistan region
Tension at Afghanistan border
• Sense of insecurity and lack of law & order in
the country
16.
Economic Situation
• Economicindicators although stable are under
constant threat of collapse due to unstable
political situation
• GDP growth 4.3% (2009) – 4.8% (2010 )
• GDP- Per capita for 2009 is US $2400
• Health care expenditure 2.6% of GDP
• Uneven distribution of wealth in the society
17.
Competitive Situation
• Highlycompetitive market
• Aggressive promotions seen by major
competitors like Abbot and Bayer
• Generic meters due to their cost effectiveness
are also capturing good market share
18.
Optium
Product Salient Features:
•Large display numbers for easy reading
• Fast and discreet testing Test starts automatically , just
insert strip
• Optional Confirmation beep
• Clear backlit display for poor lighting conditions
• Recalls up to 450 results with time and date Compact,
light weight and durable design. 3 buttons make it easy
to review your previous results or averages
• Ideally shaped to fit comfortably in the palm of the hand
7,14and 30 days test average
19.
Bayer’s BREEZE
Bayer’s BREEZE®
2meter comes
with a unique, easy-to-use 10-
test disc that means you only
have to load every 10 tests.
There’s no need to handle
individual strips.
Plus No Coding™
technology
helps ensure easy accuracy
every time.
20.
EasyGluco G2
The EasyGlucoG2 Blood Glucose Monitoring System features
capillary action, and shows you if there is enough blood for an
accurate reading.
Features:
• Alternate Site Testing Test from your forearm, thigh, calf, palm as
well as fingers
• Bio-sensor technology Provides accurate results
• Fast results in just 9 seconds Saves you time and effort
• Tiny blood sample size - 1.5 microliter This means less pain for you
• Capillary Action Automatically draws blood into the strip
• 200 test memory Helps you keep track of your results
• 7-90 day averaging Allows flexible monitoring
• 5,000 Tests Battery Life Compared to 1,000 for some of the other
leading brands
• Lifetime Warranty Assures easy meter replacement
21.
Bayer's CONTOUR® USBBlood Glucose Monitoring System
• Integrated AutoLog technology
for intuitive meal marking
• Brightly colored display and
lighted test strip port – easy to
read everywhere and anytime
• Text messages instead of error
codes
• Rechargeable battery that can
charge from any USB port
• No Coding™ technology
• Minimizes effects of many
common interfering substances
22.
Clever Chek Meter
TaiDocTechnology Corporation
Taiwan.
Clever Chek doesn’t requires to set
the meter's code to match the test
strips.
It’s so easy to use that people
didn’t even have to read the
owner’s manual.
Accu-Chek Active
Virtually Pain-freeTesting in 5 Seconds
Things to do. Places to go. Whatever
pace you live your life at, new Accu-
Chek Active is with you all the way.
In just 5 seconds, Accu-Chek Active
delivers highly accurate results,
whenever and wherever you need them.
It's the quickest, best-looking system
ever. If you don't want diabetes to slow
you down, it's definitely the way to go.
25.
Accu-Chek Performa
• TheAccu-Chek Performa
system delivers features
that allow you to get
accurate blood sugar
readings easier and faster,
so you can enjoy whatever
style of life you choose and
still be confident that you
are monitoring your blood
sugar with precision.
SWOC Analysis
STRENGHTS: WEAKNESS:
•Market Leader
• Strong after sales service
• Active Field force
• Lack of new technology
• High priced
OPPORTUNITIES: CHALLENGES:
• Increased disease awareness
• Training programs for doctors
and paramedics
• Overcoming price difference
of generic products
• Relationships with KOLs
Key Imperative
1. Educatemarket to ensure appropriate use
2. Make awareness regarding diabetic complications
3. Establish 24 hour continuous diabetic control as the goal
4. Highlight importance of Gestational diabetes and its control
during pregnancy
32.
Diabetes Awareness Program(DAP)
Background
The Diabetes Awareness Program will be launched with a view to support, enrich
and involve the people linked with the disease of Diabetes.
Objectives
• Resonate with the consumers (patients) by creating a long term emotional bond
with them through respective diabetic societies
• Create awareness about Accu Chek and its advantages
• Gain Brand support from Doctors
Target audience &
Channels
Target Audience
Patients registered with endocrine societies and diabetic hospitals
Un-registered patients
Target Channels
• Endocrinologist, Gynecologists, other medical specialists and General Physicians
all over the country
Idea
“DAP Into Your Life”
A forum that propagates positivity, freedom and a sense of normalcy in their
troubled lives.
Activity • Next Slide
Gestational diabetes andimportance of its control
Help shape our future
Key Issue Objectives Target Audience Tools
Gestational diabetes and
importance of its control
1.
Create awareness among
expectant mothers
Establish role of diabetic
control in pregnant women
Expectant mothers Gynecologists
Antenatal
classes
Blood sugar
monitoring
charts
ACTION STEPS
35.
Help shape ourfuture
KPIs Probability of Success Impact Measurement
Exposure of 10 – 20 pregnant
females, paramedics and admin
off per workshop
KOLs development in all major
institutes.
70%
Sales in these major cities
KOL feedbacks
New patients on Accu Chek
36.
Diabetes in Children
Diabetesis not a disease, it’s a way of life
Key Issue Objectives Target Audience Tools
Awareness of disease & its
control
To highlight importance of
diabetic control in children
To encourage children to adopt
healthy habits & modify their
daily routine
Diabetic children Endocrinologists
Tool pack
Accu-check
monitors
ACTION STEPS
37.
Diabetes in Children
KPIsProbability of Success Impact Measurement
Exposure of 20 diabetic
children.
Brand ambassadors in these
areas.
80% Sales in these cities
KOL feedbacks
New patients on Accu Chek
38.
Kiosk Activities/ ProductDisplay
Always there – for diabetic care
Key Issue Objectives Target Audience Tools
To block competitors’
penetration
Being leader in the market
Develop high brand recallibility
Educated adult
population
Kiosk tables
Pharmacists
ACTION STEPS
39.
Always there –for diabetic care
KPIs Probability of Success Impact Measurement
Participation in these events. 60% Sales in these cities
New patients on Accu Chek
Diabetes Update
Background
The DiabetesUpdate Program will be launched with a view to update the
knowledge of general practitioners and others related with disease management.
Objectives
• To develop a long term relationship with the doctors by helping them update their
knowledge.
• Gain Brand support from Doctors
Target audience &
Channels
Target Audience
General practitioners
RMOs
Target Channels
• Endocrinologists
Idea
Activity
Concept of IslamicSupport
Baitulmaal
Process
– Different in different cities
– Process is simple
– Present in every tertiary care
– Will lead to increase access
– Is a life long support to the patients once approved
Knowledge is Power
Objectives
Toencourage & reward doctors
For their work and contribution in Diabetes
To create awareness among doctors regarding new diabetes management &
updates research
Idea
Brainteaser
“KNOWLEDGE IS POWER”
Play & Win An Opportunity to attend the International Medical Conference
Target audience &
Channels
Target Audience
• Junior and Senior Doctors
Target Channels
• Hospitals
• Societies
Activity
Scope
Knowledge is Power
KeyIssue Objectives Target Audience Tools
Institutional business 1. To develop key opinion
leaders
2. To create brick walling
against major competitors to
secure our institutional
business
1. Endocrinologists,
Gynecologists &
pediatricians
practicing
endocrinology
2. Major tertiary care
institutes
CMEs
Ward
activities
Iftar dinners
ACTION STEPS
48.
Knowledge is Power
KPIsProbability of Success Impact Measurement
Exposure of 8 – 10 doctors per
meeting
developing relations with 8-10
consultants during Ramadan
70% sales of accu-check in related
areas
Patients’ Educators
Key IssueObjectives Target Audience Tools
To build relations with
paramedics
1. To bring awareness and
management updates in people
managing Diabetes
2. To highlight the advantage of
proper usage of Glucometers
and diabetic monitoring
Paramedics from tertiary
care hospitals
Educational
booklets
Small
reminders
Building relations withstakeholders
Key Issue Objectives Target Audience Tools
1. Competition
2. Relationships with
distributors
1. To discourage competition
from gaining attention
2. To block generic and higher
distribution profit margin brands
Major distributors Foreign
family trip
Family lunch
& dinners
ACTION STEPS
a target based plan will be given to overcome problems of low distribution margins by offering family
lunch and dinner deals.
The distributor with the highest contribution to our sales as per target will be rewarded with a foreign trip.
Push Strategy
Key IssueObjectives Target Audience Tools
Replacement with generic
meters
1. To build confidence of
retailers in our products
2. To overcome issues of
generic replacement
Retailers Reward
based point
system
ACTION STEPS
2nd
qtr 2012 a reward based point system will be introduced for retailers which will encourage them to
sell more and discourage them from replacing our meters with generic ones.
Building a successfulcareer
Key Issue Objectives Target Audience Tools
To retain our field force 1. Due to leader in the market
and frequent trainings , other
MNCs are offering more
lucrative jobs to our employees
2. to retain our employees by not
only offering monetary benefits
but also providing them growth
opportunities
Field force Training
ACTION STEPS
#30 The C4 team has made some modifications to the strategic imperatives this year due to new insights and new market dynamics, however the core strategy for the brand and core positioning remain unchanged.
The strategic vision for Asunra has not changed. Asunra will transform iron chelation, it is not an incremental (evolutionary) step above Desferal. As a once-daily oral iron chelator, Asunra is opening up the possibilities to eliminate pathogenic iron across the many diseases where it might play a role.
The brand positioning reflects the fact that Asunra will change the chelation paradigm and lead to treatment earlier, and for previously untreated patients. It also communicates that iron overload is a serious “life-threatening” disease.
There are 5 strategic imperatives that drive our key actions. These represent a slight modification from the imperatives communicated in the 2005 plan.
Simultaneous focus of effort on conversion and expansion to drive fast sales uptake.
Last year we talked about “rapid conversion of currently chelated patients”. Based on new insights into customers, consumers and learnings from the US market, the focus of effort needs to be on both conversion and expansion from launch. This is because we are seeing 40% of sales in the US come from previously untreated patients, supporting the fact that our key audiences are receptive to the need to treat messages. It is also due to the insight that currently chelated patients may be more reluctant to switch from Desferal or combination therapy until there is more experience with Asunra. By deploying our resources to go after both market segments simultaneously, we maximize our early sales success and build a strong foundation for the future.
Make treatment of iron overload a priority
We know that customers understand what iron overload is, and what the consequences are. We know from market research that physicians “visualize” individual patients when we talk to them about iron overload – this is probably because it is a relatively rare condition for most hematologists so they think about their patients with the condition. This is why patients figure so prominently in our “ripple” campaign. We need to get customers to think about and make treating iron overload a priority for each and every one of their patients who have had more than 20 units of transfused red cells and/or a ferritin level greater than 1000 ug/L..
Establish 24 hour continuous total body iron chelation as the goal of therapy
Based on market research, and a competitive war games exercise, we came to the insight that it will be very difficult to “take over” the cardiac iron story from Apotex/Ferriprox. For this reason our strategy is to change the story. We know that physicians understand that you need continuous protection from iron overload, and intuitively understand that all organs are important, not just the heart. In market research, some physicians clearly were able to link the fact that if you have good chelation coverage all of the time, you will not get into cardiac iron problems. We are testing simple ways to tell this story under the working title “complete chelation”. More information about this new imperative will be make available as it is developed and translated into the brand book.
Drive high persistency and compliance with Asunra
This imperative is unchanged from last year. We have insight that compliance and persistence is much more complex than simply moving from parenteral to oral therapy. We also have learnings from Glivec/Gleevec, where we see compliance to life-saving medication at 65-70%. Since we know that it takes less investment to keep patients on therapy, than to get new patients on therapy, we need to plan for C&P programs from the time of launch.
Accelerate LCM work. Start primary iron overload program and other lead LCM areas.
This imperative is unchanged from last year, however the sense of urgency is new. We believe, based on our market learnings that Genzyme will focus development of Deferitrin on primary iron overload. It is an imperative that we beat them to market in this indication. We also know that the availability of an effective oral iron chelator has stimulated much interest in the role of iron depletion in a number of diseases. To maximize the life cycle opportunity we plan to explore these LCM opportunities simultaneously instead of sequentially.