Particular aspects of pharmaceutical marketing 1. Stringent regulations of the industry compared to...

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Transcript of Particular aspects of pharmaceutical marketing 1. Stringent regulations of the industry compared to...

Particular aspects of pharmaceutical marketing

1. Stringent regulations of the industry compared to consumer markets

2. The need for huge R&D investment often surpassing 20%of annual revenues

3. The issue of patient rights4. Ethical issues such as animal welfare and

environment protection

Ethical consideration of the pharmaceutical marketing

The Marketing Mix

A product can be a tangible or intangible nature . A product is anything that can be offered to a market

for attention ,acquisition ,use, or consumption that might satisfy a want or need

A product is a good ,service ,or idea consisting of a collection of tangible and intangible attributes that satisfies consumers and is received in exchange for money or some other unite of value

Product

Price

Promotion