2. Objective
Period 0-4
Period 4-7
Period 7-10
Final Result
Marketing Mix (4P) - Allstar
Lesson Learned
Marketing and PharmaSim
3. To manage AllStar to become
in pharmaceutical industry.
Earning a the Highest Net Income
Earning a the Highest Stock Price
Earning a the Highest Market Share
Earning a the Highest Manufacturer Sales
4. Too many competitors
in the market.
Market share
continuously decrease.
A huge reduction in
net income, stock
price, and
manufacturing sales
during period 2-3.
5. Constantly increase price.
Continuously increase Sale Force.
Set Promotion Allowance to 18%.
Spend most of budgets on Advertising.
Decide not to drop Alcohol in Allround.
Launch “Allround+” as 12hrs Multi
capsule.
6. Our price are higher than the
competitors
Both products of Allstar are the same
target, reducing to the market share
Plan the suitable strategies for Allright.
Market cannibalization.
Allround VS Allround+
7. Adjusted the price to compete and
expand the market share.
To launch the new product.
Plan the suitable strategies for Allright.
Increasing the sales force to support the
new product.
8. Limited budget during
beginning of period 7.
Allround+ still does not
growth as we expect.
Allround sales
decreasing a little bit.
Market share
continuously
decrease.
9. Still continue increase price for all
products, especially Allround and
Allright.
Reformulate Allround by adding
Expectorants to resolve chest
congestion
Increase point of purchase in customer
promotion dramatically.
Decrease promotion allowance for all
products.
10. Net income, market share and growth of Allstar
Net Income Marketing Share (%) Growth
Million Baht
Units
-
-
-
- - - - - - - - - -
Introduction of Introduction of
Allround+ Allright
15. According to our objective statements.
Allstar can earned both highest in Net
Income and Manufacture Sales.
Second Place in Stock Price.
Allstar earn the highest Market share.
Credit : http://www.maoinvestor.com/
16. Product : Premium grade
medicine, cover niche
market
Price : High price
Place : All distribution
channels, emphasize on
the highest growth of
each period
17. Promotion
› Advertising : Use the best
advertisement agency to
gain addition brand
awareness.
› Trial Product : Offer trial
size to promote new
product.
› Coupon : To convince
consumer to repurchase
our product.
18. Adapt the marketing
strategy to use in
critical situations.
Marketing research is
very helpful in decision
making.
Understanding the
nature of product will
be advantageous for
planning suitable
strategy.
19. Stock price reflecting as
the mirror, can
demonstrate the
outcome of chosen
strategy.
Launching products with
the same benefits causes
market cannibalization.
Pharmaceutical products
have less effects from
time because of brand
loyalty.
20. PharmaSim do provide a great practice
for Marketing.
However, it would better if.
› Product Naming is important to customer
perception.
› Using the best advertisement agency, do not
always guarantee the best result.
› Social Marketing play important role at
present.