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advertising in pharmaceutical industry

Date post: 08-Apr-2018
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    ADVERTISING

    IN

    THEPHARMA INDUSTRY

    Arthi.T.S10ad04

    ADVERTISING

    IN

    THEPHARMA INDUSTRY

    Arthi.T.S10ad04

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    The Indian Society

    When suffering from an ailment,

    consumer behaviour is as follows;

    Go to the pharmacist: 45%

    Go to the doctor: 24%

    Self-medication: 23%

    Do nothing: 9%

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    Pharmaceutical marketing , sometimes calledmedico-marketing, is the business of advertising

    or otherwise promoting the sale ofpharmaceuticals or drugs

    The advertisement of pharmaceutical products should be truthful

    It should provide full details regarding the

    action and uses,proprietary name as well as the genetic name,

    dosage form,mode of administration,

    side effects,treatment of toxic,

    effects,precautions and contraindications

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    Methods of advertising pharmaceutical products:

    Direct mailing

    Newspaper, professional magazines and journals

    Television, radio and other audio visual media

    Personal contact or detailing

    Miscellaneous methods

    electronic media methods

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    Advertising of prescription drugs

    Prescription drug advertising to consumers is another areathat may generate challenges to the right to advertise

    In India although there is no rigid law which states thatprescription drugs cannot be advertised but in general they

    are not advertised in the general media

    Companies advertise through trade journals and medicalmegazines. They also sponsor conferences in India andabroad often at the company costs to establish brand name.At these conferences pamphlets, free samples and other

    materials are distributed

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    DTC ADVERTISING

    Direct to consumer advertising has gained importance these daysA form of advertising where consumers are directly informed of

    the medicines and products available through various sourcesespecially the internet

    Have caused a change in the pharmaceutical industry and is

    extremely profitable for consumers

    Shift from placing ads in medical journals to placing ads inconsumer magazines

    Enables consumers to discuss medicines with the medical

    practitioners

    Websites engaged in DTC advertising offer discounts toconsumers

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    Internet Pharmacies

    Convenience,Fraudulent practice

    Many use online pharmacies in

    India, South Africa and other

    countries where drug prices arelower than.

    Online pet pharmacies

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    ONLINE ADVERTISING

    GOOGLES CREATIVE HELP

    SEEKING

    ADVERTISING

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    OTCdrugs-

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    REASONS-

    Only way to make the consumers aware of existing

    products and differentiate it from competitorsproduct

    Distinct brand image the best security

    Help the companies earn a higher revenue

    It is important to build an emotional bonding and arelationship of trust with the customer to ensureloyalty and hence consistent sales

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    There are different categories underOTC, out of which here is a listof categories which have spent maximum in brand building through

    on TV are as follows:

    1. Rubs/ Balm - Moov, Iodex, Himani Fast Relief, Emami MenthoPlus, Amrujanjan Joint Ache Cream

    2. Analgesic/ Cold Tablet - Dcold, Stopache, Crocin, Disprin3. Digestives - Eno, Hajmola, Pudin Hara, Dabur Hingoli

    4. Medicated Skin Treatment - ItchGuard, Krack, Ringguard,Clearasil

    5. Cough Lozenges - Strepsils, Halls6. Vitamin/ Tonic/ Heath Suppliments - Horlicks, Complan, Boost,

    Chawanprash - Dabur, Sona Chandi, Himalaya, Calcium Sandoz,Jeevanprash

    7. Antiseptic Cream/ Liquids - Borosoft, Boroplus, Dettol

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    HOW P&G ADVERTISED VICKS

    TheirMass Consumer Contactprogramme displayed the product.

    An Ad in leading dailies which had a tear-

    off coupon

    P&G also conceptualised the House of

    Vicks, a counter display

    Converting Vicks Inhalers into trinketkey- chains

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    RURAL ADVERTISING

    The high risk investment products like cardiac orcancer products are not advertised or marketed

    through media as regulations prevent this.Companies often take community welfare route to

    educate the rural consumers about a particulardisease and make them aware of the treatmentsavailable.

    Companies conduct healthcare workshops in ruralareas by tapping doctors there.

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    EG-Strepsils builds brand awareness in

    villages

    Novaritis launched Arogya Parivar Yojana

    Set up health camps

    Aimed to build awareness

    Adapted its product offering to rural markets

    Scheme focused on diseases whereNovaritis could offer solutions with

    Sandoz,OTC products for cough,cold etc

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