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MMRSS. Pharmaceutical Marketing Research Practice. Background. India’s largest Independent Full Service Market Research Firm ISO 9000 Certified Deep working relationships with some of India’s leading companies 250 CATI stations for Global and local studies
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MMRSS Pharmaceutical Marketing Research Practice
Background • India’s largest Independent Full Service Market Research Firm • ISO 9000 Certified • Deep working relationships with some of India’s leading companies • 250 CATI stations for Global and local studies • Blue Chip references worldwide and across verticals • 14 locations across India
Pharmaceutical Marketing Research Practice Research Solutions
New Product Development • Concept Screening and Testing • Product Potential Testing • Available across RX, OTC
Point Of Sale Research • Pricing Studies -Determining the optimum price for new products in established markets -Estimating demand at various price points -Competitor response modeling -Cannibalization of existing lines
Point Of Sale Research • Packaging Studies -Assessment of impact on crowded shelves -Persuasion to consider purchasing -Diagnostics on design -Allows testing of possible new designs and carry out checks on existing designs
Brand Equity • Assess the brands positioning along the key diagnostic parameters of differentiation relevance opinion and value for money • Understand the market specific attitudes that are driving reaction to the key diagnostic parameters • Measure consumer commitment to the brand to identify loyal vulnerable and winnable customers
Copy Testing and Ad Testing • Our copy testing system provides key insights on • The potential of your commercial to impact sales. • How the ad is contributing to brand equity. • How well it fits with your ad strategy. • How to optimize the ads effectiveness
Market Usage and Attitude Studies • Understand the consumer • Penetration and profile • Consumption habits • Needs and motivations • General attitudes • Consumer segmentation • Understand the Market • The brands which are known, purchased, lapsed, considered in the consumer's repertoire etc • The market drivers in terms of needs • Brand sectoring • Consumer segments relative to the market • Understand where your brand fits in • The brands which are known, purchased, lapsed, considered in the consumer's repertoire etc • The market drivers in terms of needs • Brand sectoring • Consumer segments relative to the market
Pharmaceutical Marketing Research Practice Research Techniques
Research Techniques • Quantitative • Face to face • CATI • Qualitative • Focus Groups • Triads/Dyads • Extended Creativity Groups • Depth interviews • Online
Case Study One • Brand Re-launch and Campaign Strategy Design Objectives - To identify what was blocking brand growth. Project details - Multi-stage, multi-methodology program. Semiotic analysis, Neuro-Linguistic Programming, Transactional Analysis and Process Technology. Outcome - Brand re-launched; campaign strategy and advertising revised. Representatives re-trained. Sales markedly increased
Case Study 2 • Pre-empting Competition and Gaining Market Share Objectives - To ensure launch would have greater impact than that of competitor. Project details - Three stage qualitative project to identify motivators, optimal tone for both brands, allowing client to develop effective blocking strategy. Outcome - Product out-performed competitor and clients own expectations.
Thank You MMRSS Pharmaceutical Marketing Research Practice