Metabical - Integrated Marketing Communication
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Transcript of Metabical - Integrated Marketing Communication
STP AND INTEGRATED
MARKETING
COMMUNICATION FOR
METABICAL
ROOPAN ROY(B13168)
SAIYAM SANGHVI(B13169)
SANTANU MALLICK(B13170)
CSP-25 billion
in sales
Overweight issue in the US
Around 65 % in US are
considered overweight.
Problems due to obesity
Health complications
Social stigma
Stereotypes
Negative impact on
professional life.
Metabical-
scheduled for
launch in JAN
2009.
To prepare a
viable
positioning
and
communicatio
ns strategy.
ANTI-OBESITY DRUGS
METABICAL
Advantages
• Only prescription anti-obesity drug approved by FDA.
• Side-effects are not very harmful.
• Has a 24 month weight loss support programme.
• Has demonstrated significant weight loss in the trials in just 12 weeks.
Disadvantages
• Caters only overweight not obese.
• Gastrointestinal discomfort.
• Not effective when consumed with excess fats.
• Not covered by health insurance.
• Alli- FDA
approved OTC.
• Side-effects.
• Herbal and
dietary
supplements-
hoodia, green-
tea, etc .
SUPPORT
PROGRAMME
• The goal of the
programme is to
enable the individual
to achieve better
result than they
would have from
consuming the pill
alone.
• Includes reference
materials, online
weight control tools,
community forums,
nutrition consultants,
exercise plans.
Satisfied 30%
Not Satisfied
70%
Respondents feelings on current weight
Not trying to Lose Weight
65%
Ready to take Drugs 15%
Trying to Lose Weight
35%
Respondents on Losing Weight
65
30
40
30
35
75
50
55
60
65
Dissatisfied with their current weightand appearance
Visited a health care provider yearly
Wanted to change their behaviour fora healthy lifestyle
Tried and failed to lose weight in last5 years
Dissatisfied with current weight lossprograms
Percentage of Respondents Women Men
75
45
25
55
College Degree
High School Diploma
Awareness of Health Risks Aware Unaware
65
40
35
60
18 to 35
35+
Reasons for Losing Weight
To Look Better To Improve Overall Health
5
11
20
<$40000
$40000-$80000
$80000<
Percentage of People with Incomes
Willing to pay out of Pocket
STRENGTHS • FDA Approval
• First authentic mover advantage
• Low dosage formulation
• Lower stress on Heart and Kidney functioning (calosera & meditonan)
• Results within prescribed drug regimen
WEAKNESS • Gastro intestinal discomfort on high fat and calories consumption
• implementation of support programme (monitoring)
OPPORTUNITY • 65% of the entire adult population categorized as overweight, obese and several obese.
•Overweight is the 2nd leading cause of preventable death in US
• Social stigma for overweight people in US
• FDA review of Alli and Xenical
THREAT • Competition from Alli, Xenical and Herbal supplements.
• Low awareness from consumers
• Alternate medical advancements
SWOT ANALYSIS
Segmentation-Targeting-Positioning Demography 17 until 70 years old
education level : less than high school- college
income level : $25,000 - $80,000+
Geography urban and rural people
Behavior Choose drugs to lose their weight
Brand Loyal & Value oriented
Health treatment oriented
Price sensitive
Choose drugs based on advice
Psychography People who want to be healthier
People who want to lose weight with easy way
People with BMI’s score: overweight (25-30)
Want to look like movie star
Want to wear skinny jeans
Demography 25 until 70 years old
$25,000 ++
Geography Urban people
Behavior Choose drugs to lose their weight
Loyal and Value oriented
Health treatment oriented
Choose drugs based on advice
Psychography People who want to be healthier
People with BMI score of 25-30
Positioning METABICAL
Metabical can give the TG the healthy life they have always
aspired. This can boost their confidence at all tasks they
involve in, especially at workplaces.
• The pill in our opinion must be targeted at men and
women who are concerned about their Overweight.
• The key should be to highlight the fact the pill does it work
within the regimen instructed by the prescriber, at a
consumption rate of 1 pill a day only.
• The FDA approval will alleviate the safety concerns, if any.
• Delivers results on time as promised.
Perceptual Map
Approved by FDA: weight loss drugs
OTC weight loss drugs dietary supplement approved
Low medical risk High medical risk
Xenycal
Alli
green tea extract, chromium, hoodia
Metabical
Gyms & Spas
The Modes of Communication
4Ps
Product:
METABICAL
Price:
$ 4.5/ pill
Promotion:
ATL + BTL
Place:
Pharmacy/ Hospitals
The 4Ps
ATL Campaigns
• “Losing weight is tough” campaign
• Health conferences and Talk shows
• TV commercials: Radio
• “The Metabical Challenge”
• Print Ads
• Mobiles Clinics
• Health Magazines
• Billboards
• Sponsorships and Tie-ups
• Direct Mail
• Personal selling
• Social media
marketing
• E-mail and Online
Advertsing
• Buzz in Word of
Mouth Marketing
• Pharmacy stores
BTL Campaigns
ESTIMATED SALES • R&d and fda expenses = $ 400,000,000
• Marketing budget = $ 23,146,000
• Estimated retail price = 4$
• User 1 pill / day
• Treatment 12 weeks = 84 days
• Us adult population (2008) = 230 mil
• Assuming the percentage of overweight people remains
same = 34%
• Overweight people= 0.34*234 mil=78.2 mil
• Now using exhibit 2, no of people actively trying to lose
weight= .35*78.2=27.37 mil
• People ready to use drugs to lose weight= .15*27.37=
4.1055 mil
• Assuming e capture 30% mkt in first year as there is no
competition, no of users=0.30*4.1055=1.23165 mil
• Revenue= 84*4*1.23165=413 mil