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Company Profile!
!
2012
Business	
  in	
  Iran,	
  what	
  might	
  be	
  attractions ?	
                                                                                                 *



	
  •  Health	
  care	
  system	
  is	
  well	
  introduced	
  and	
  developed	
  
•  Less	
  legal	
  barriers	
  for	
  healthcare	
  professionals	
  is	
  selecting	
  their	
  needs.	
  
	
  •  Less	
  availability	
  of	
  modern	
  tools	
  and	
  techniques	
  in	
  the	
  past.	
  	
  
•  More	
  access	
  to	
  media	
  and	
  more	
  awareness	
  on	
  technology	
  of	
  the	
  day	
  by	
  all.	
  
•  More	
  number	
  of	
  consumers	
  than	
  most	
  of	
  the	
  well	
  established	
  markets	
  in	
  ME.	
  	
  
	
  	
  	
  	
  	
  	
  	
  (75	
  million	
  population)	
  
	
  
	
  
	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
	
  
	
  
	
  
	
  
	
  	
  	
  	
  
	
  
	
  
	
  
*	
  In	
  a	
  SWOT	
  context,	
  let’s	
  assume	
  this	
  defines	
  both	
  Strengths	
  and	
  Opportunities	
  although	
  different	
  in	
  nature.	
  
Business	
  in	
  Iran,	
  what	
  might	
  be	
  major	
  concerns*?	
  
	
  •  Restricted	
  financial	
  transaction.	
  
	
  
•  Vulnerable	
  to	
  conflicts	
  
•      Not	
  high	
  per	
  capita	
  spend	
  on	
  healthcare	
  budget.	
  
•      Some	
  foreign	
  investors	
  might	
  be	
  reluctant	
  to	
  strongly	
  present.	
  
•      Intellectual	
  Property	
  rights	
  existing	
  but	
  not	
  to	
  its	
  general	
  terms.	
  
•      Central	
  control	
  over	
  pricing	
  	
  and	
  healthcare	
  service	
  fees.	
  

	
  
What	
  is	
  needed	
  today	
  is…	
  	
  	
  
	
  Category	
  and	
  Specialized	
  selling	
  competencies	
  beyond	
  other	
  factors.	
  
	
  
It	
  is	
  inevitable	
  to	
  possess	
  such	
  abilities	
  and	
  skills	
  	
  to	
  be	
  a	
  market	
  leader	
  and	
  stay	
  
as	
  such.	
  Selling	
  skills	
  to	
  specialists	
  already	
  moved	
  from	
  its	
  traditional	
  style	
  into	
  
“meeting	
  specialists	
  and	
  adding	
  value	
  to	
  their	
  knowledge,	
  handling	
  patients	
  and	
  
squeezed	
  hectic	
  schedule”	
  
	
  
Therefore	
  needs	
  transformed	
  to:	
  
	
  
-­‐  Specialized	
  Language	
  	
  
-­‐  Specialized	
  Techniques	
  
-­‐  Specialized	
  Management	
  
-­‐  Specialized	
  Services	
  

And	
  so	
  on…	
  
	
  
Market	
  Segmentation	
  based	
  on	
  purchase	
  potential	
  
	
  
	
                                           Price
   Quick Market Presence
                                                         Quality

                             Supply Continuity

     Automation
                                       Premium Service

             Niche Market
Market	
  Segmentation	
  based	
  on	
  purchase	
  potential	
  
	
  We	
  divided	
  the	
  clients	
  	
  
                                                        	
  40%	
  	
  Institutions	
  Product	
  A	
  
Into	
  4	
  major	
  target	
  groups:	
  
	
  
This	
  is	
  based	
  on	
  their	
  	
  
potential	
  impact	
  on	
  sales:	
                          35%	
  	
  Private	
  Product	
  A	
  
	
  
1-­‐	
  Institutional	
  Labs.	
  
2-­‐	
  Privately	
  Established	
  .	
  
3-­‐	
  Pharmacies.	
                                          	
  18%	
  	
  Pharmacies	
  Product	
  A	
  
4-­‐	
  Research.	
  
	
  
The	
  joint	
  marketing	
  strategy	
  can	
  be	
  
utilized	
  by	
  shared	
  finance	
  and	
  mutual	
  
promotional	
  packages	
  by	
  both	
  parties.	
  	
  
	
  
 
Geographical	
  Sales	
  
   	
  Potential	
  
          	
  
  PRODUCT	
  A	
  
          	
  
Tehran	
  top	
  performers	
  Product	
  A	
  Packs/Month	
  
      	
  
    3,500	
  


    3,000	
  

      	
  
    2,500	
  


    2,000	
  


    1,500	
  


    1,000	
  


       500	
  


           0	
  




Tehran	
  total	
  est.~	
  22500	
  packs/month	
  latest	
  	
  in	
  April	
  2012,	
  Data	
  by	
  Exir	
  Redeka	
  Ltd.	
  direct	
  collection	
  
Provinces	
  Top	
  10	
  performers	
  Product	
  A	
  Packs/Month	
  	
  
4,500	
  

4,000	
  

3,500	
  

3,000	
  

2,500	
  

2,000	
  

1,500	
  

1,000	
  

  500	
  

      0	
  
                     Inst.	
             Lab.	
               Inst	
              Pvt.	
              Inst.	
              Inst.	
              Inst.	
                 Pvt.	
                Pvt.	
             Inst.	
  
                  Alzahra	
         Dr.	
  Mohajeri	
      Ghaem	
             Central	
       Cyto-­‐Genetic	
         Namazi	
         Faghihi	
  Clinic	
   Dr.	
  Izadi	
  Lab.	
     All	
  other	
     All	
  other	
  
                  Hospital	
               Lab.	
          Hospital	
         Pathology	
   Dept.	
  Medical	
          Hospital	
                                                        provinces	
        provinces	
  
                                                                             Omid	
  Cance	
       Univ.	
  
                                                                               Hospital	
  




              Top	
  10	
  Provinces	
  top	
  performers	
  total	
  est.~	
  10300	
  Packs/Month	
  latest	
  	
  in	
  April	
  2012,	
  Data	
  by	
  Exir	
  Redeka	
  Ltd.	
  direct	
  collection	
  
Total	
  Packs	
  /	
  Month,	
  Tehran	
  +	
  Top	
  10	
  provinces	
  
  	
  
40,000	
  


  	
  
35,000	
  
                                                                                                                           32,550	
  
                                                                                                                                                                                                                    34,550	
  



30,000	
  


25,000	
  
                        22,250	
  

20,000	
  


15,000	
  

                                                         10,300	
  
10,000	
  


 5,000	
  
                                                                                                                                                            2,000	
  

       0	
  
                        Tehran	
                       Province	
                                                 Tehran	
  +Provinces	
   All	
  other	
  RESEARCH	
                                            SUB	
  TOTAL	
  
                                                                                                                                            labs	
  NOT	
  in	
  the	
  list	
  




  Total	
  est.~	
  34500	
  Packs/Month	
  latest	
  	
  in	
  April	
  2012,	
  Data	
  by	
  Exir	
  Redeka	
  Ltd.	
  direct	
  collection	
  	
  	
  *	
  Only	
  top	
  5	
  provinces	
  considered	
  
Product	
  A	
  
Competitive	
  Landscape	
  
          	
  	
  
               &	
  
               	
  
         Market	
  Players	
  
               	
  
             Iran	
  
Current	
  Market	
  Size	
  and	
  Main	
  Players	
  

Market	
  Characterized	
  by:	
  
	
  
•  No	
  new	
  comer,	
  a	
  calm	
  market	
  for	
  those	
  existing	
  
•  Low	
  quality	
  service	
  	
  
•  Long	
  delivery	
  time	
  and	
  unspecified	
  	
  
•  Collecting	
  orders	
  for	
  each	
  Q	
  at	
  one	
  go.	
  
•  Collecting	
  cash	
  upon	
  delivery.	
  
•  No	
  marketing	
  essential	
  tools	
  	
  
	
  
	
  
-­‐  Maintenance	
  by	
  technical	
  staff	
  on	
  trial	
  and	
  error	
  
-­‐	
  	
  	
  	
  	
  Low	
  English	
  proficiency	
  and	
  high	
  staff	
  turnover	
  
A	
  long	
  waited	
  market	
  for	
  New	
  Products!	
  
	
  
Why	
  Exir	
  Redeka	
  Ltd.?	
  
	
   There	
  are	
  obvious	
  and	
  evidence	
  based	
  reasons	
  which	
  lies	
  behind	
  the	
  
     experience	
  of	
  the	
  management	
  and	
  their	
  level	
  of	
  specialized	
  knowledge.	
  
	
   	
  
  -­‐  More	
  than	
  15	
  years	
  of	
  experience	
  with	
  Multinationals	
  
  -­‐  Managing	
  a	
  sales	
  revenue	
  of	
  80	
  USD	
  mio	
  or	
  so	
  annually	
  
  -­‐  Managing	
  more	
  than	
  50	
  employees	
  and	
  building	
  specialized	
  teams	
  
  -­‐  Understanding	
  the	
  brand	
  control	
  	
  
  -­‐  Expecting	
  the	
  unexpected,	
  others	
  usually	
  entrapped	
  in	
  	
  
  -­‐  Introducing	
  the	
  strongest	
  	
  entry	
  channel	
  
  -­‐  How	
  to	
  be	
  the	
  MoH	
  partner	
  of	
  choice	
  	
  
  -­‐  Optimizing	
  the	
  time-­‐consuming	
  regulatory	
  process	
  when	
  possible	
  
  -­‐  Launching	
  products	
  the	
  way	
  brings	
  long-­‐term	
  values	
  for	
  both	
  parties	
  
  	
  
  	
  
Import	
  and	
  distribution	
  diagram	
  at	
  a	
  glance	
  

     Supply	
  Chain	
  




 Scientific	
  and	
  Quality	
                                                             MOH	
  
        Control	
                                                         Medical	
  Equipment	
  Office	
  
 Pathology	
  Department	
  	
                                            • Inspection	
  
     Toos	
  Hospital	
                                                   • Pricing	
  
                                                                          • Licensing	
  




          Sales	
  	
  Orders	
                                              Service	
  and	
  Maintenance	
  	
  
           Field	
  visits	
  
                                              Distribution	
  to	
  
                                                 	
  	
  Tehran	
  	
  
                                              and	
  Provinces1	
  	
  




1	
  Distributor	
  for	
  Provinces   	
  
                                                                                  Province	
  Service	
  
Strong	
  and	
  simple	
  business	
  analysis	
  and	
  forecasting	
  tools	
  
	
  
any	
  shortage	
  can	
  kill!	
  
	
  
We	
  are	
  using	
  simple	
  and	
  alarming	
  sheets	
  to	
  remind	
  us	
  the	
  order	
  gaps,	
  overstock,	
  
highly	
  consumed	
  and	
  slow	
  moving	
  inventory	
  plus	
  many	
  other	
  information	
  we	
  might	
  
be	
  in	
  need	
  of.	
  	
  
	
  
We	
  also	
  constantly	
  monitor	
  the	
  sales	
  behavior	
  of	
  the	
  products	
  	
  against	
  activities	
  and	
  
external	
  forces	
  in	
  order	
  to	
  find	
  out	
  and	
  prevent	
  any	
  disturbance	
  at	
  the	
  beginning	
  
and	
  when	
  they	
  just	
  reacted	
  slightly	
  unusual.	
  
	
  
We	
  always	
  enjoy	
  working	
  with	
  productive	
  systems	
  and	
  	
  
	
  
	
  
Fast	
  	
      Local	
  
 Operation	
      Support	
  



Specialized	
      Low	
  	
  
                   Cost	
  
Exir	
  Redeka	
  Ltd.	
  No.	
  09,	
  Hedayat	
  Sq.,	
  Darrous	
  Tel:	
  021	
  22	
  78	
  34	
  87	
  Fax:	
  021	
  22	
  55	
  62	
  39	
  
                                                                                                                      info@redeka.ir	
                 12/21/12	
  
Exir Redeka company profile new branding_2013

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Exir Redeka company profile new branding_2013

  • 2. Business  in  Iran,  what  might  be  attractions ?   *  •  Health  care  system  is  well  introduced  and  developed   •  Less  legal  barriers  for  healthcare  professionals  is  selecting  their  needs.    •  Less  availability  of  modern  tools  and  techniques  in  the  past.     •  More  access  to  media  and  more  awareness  on  technology  of  the  day  by  all.   •  More  number  of  consumers  than  most  of  the  well  established  markets  in  ME.                  (75  million  population)                                                         *  In  a  SWOT  context,  let’s  assume  this  defines  both  Strengths  and  Opportunities  although  different  in  nature.  
  • 3.
  • 4. Business  in  Iran,  what  might  be  major  concerns*?    •  Restricted  financial  transaction.     •  Vulnerable  to  conflicts   •  Not  high  per  capita  spend  on  healthcare  budget.   •  Some  foreign  investors  might  be  reluctant  to  strongly  present.   •  Intellectual  Property  rights  existing  but  not  to  its  general  terms.   •  Central  control  over  pricing    and  healthcare  service  fees.    
  • 5. What  is  needed  today  is…        Category  and  Specialized  selling  competencies  beyond  other  factors.     It  is  inevitable  to  possess  such  abilities  and  skills    to  be  a  market  leader  and  stay   as  such.  Selling  skills  to  specialists  already  moved  from  its  traditional  style  into   “meeting  specialists  and  adding  value  to  their  knowledge,  handling  patients  and   squeezed  hectic  schedule”     Therefore  needs  transformed  to:     -­‐  Specialized  Language     -­‐  Specialized  Techniques   -­‐  Specialized  Management   -­‐  Specialized  Services   And  so  on…    
  • 6. Market  Segmentation  based  on  purchase  potential       Price Quick Market Presence Quality Supply Continuity Automation Premium Service Niche Market
  • 7. Market  Segmentation  based  on  purchase  potential    We  divided  the  clients      40%    Institutions  Product  A   Into  4  major  target  groups:     This  is  based  on  their     potential  impact  on  sales:   35%    Private  Product  A     1-­‐  Institutional  Labs.   2-­‐  Privately  Established  .   3-­‐  Pharmacies.    18%    Pharmacies  Product  A   4-­‐  Research.     The  joint  marketing  strategy  can  be   utilized  by  shared  finance  and  mutual   promotional  packages  by  both  parties.      
  • 8.   Geographical  Sales    Potential     PRODUCT  A    
  • 9. Tehran  top  performers  Product  A  Packs/Month     3,500   3,000     2,500   2,000   1,500   1,000   500   0   Tehran  total  est.~  22500  packs/month  latest    in  April  2012,  Data  by  Exir  Redeka  Ltd.  direct  collection  
  • 10. Provinces  Top  10  performers  Product  A  Packs/Month     4,500   4,000   3,500   3,000   2,500   2,000   1,500   1,000   500   0   Inst.   Lab.   Inst   Pvt.   Inst.   Inst.   Inst.   Pvt.   Pvt.   Inst.   Alzahra   Dr.  Mohajeri   Ghaem   Central   Cyto-­‐Genetic   Namazi   Faghihi  Clinic   Dr.  Izadi  Lab.   All  other   All  other   Hospital   Lab.   Hospital   Pathology   Dept.  Medical   Hospital   provinces   provinces   Omid  Cance   Univ.   Hospital   Top  10  Provinces  top  performers  total  est.~  10300  Packs/Month  latest    in  April  2012,  Data  by  Exir  Redeka  Ltd.  direct  collection  
  • 11. Total  Packs  /  Month,  Tehran  +  Top  10  provinces     40,000     35,000   32,550   34,550   30,000   25,000   22,250   20,000   15,000   10,300   10,000   5,000   2,000   0   Tehran   Province   Tehran  +Provinces   All  other  RESEARCH   SUB  TOTAL   labs  NOT  in  the  list   Total  est.~  34500  Packs/Month  latest    in  April  2012,  Data  by  Exir  Redeka  Ltd.  direct  collection      *  Only  top  5  provinces  considered  
  • 12. Product  A   Competitive  Landscape       &     Market  Players     Iran  
  • 13. Current  Market  Size  and  Main  Players   Market  Characterized  by:     •  No  new  comer,  a  calm  market  for  those  existing   •  Low  quality  service     •  Long  delivery  time  and  unspecified     •  Collecting  orders  for  each  Q  at  one  go.   •  Collecting  cash  upon  delivery.   •  No  marketing  essential  tools         -­‐  Maintenance  by  technical  staff  on  trial  and  error   -­‐          Low  English  proficiency  and  high  staff  turnover  
  • 14. A  long  waited  market  for  New  Products!    
  • 15. Why  Exir  Redeka  Ltd.?     There  are  obvious  and  evidence  based  reasons  which  lies  behind  the   experience  of  the  management  and  their  level  of  specialized  knowledge.       -­‐  More  than  15  years  of  experience  with  Multinationals   -­‐  Managing  a  sales  revenue  of  80  USD  mio  or  so  annually   -­‐  Managing  more  than  50  employees  and  building  specialized  teams   -­‐  Understanding  the  brand  control     -­‐  Expecting  the  unexpected,  others  usually  entrapped  in     -­‐  Introducing  the  strongest    entry  channel   -­‐  How  to  be  the  MoH  partner  of  choice     -­‐  Optimizing  the  time-­‐consuming  regulatory  process  when  possible   -­‐  Launching  products  the  way  brings  long-­‐term  values  for  both  parties      
  • 16. Import  and  distribution  diagram  at  a  glance   Supply  Chain   Scientific  and  Quality   MOH   Control   Medical  Equipment  Office   Pathology  Department     • Inspection   Toos  Hospital   • Pricing   • Licensing   Sales    Orders   Service  and  Maintenance     Field  visits   Distribution  to      Tehran     and  Provinces1     1  Distributor  for  Provinces   Province  Service  
  • 17. Strong  and  simple  business  analysis  and  forecasting  tools     any  shortage  can  kill!     We  are  using  simple  and  alarming  sheets  to  remind  us  the  order  gaps,  overstock,   highly  consumed  and  slow  moving  inventory  plus  many  other  information  we  might   be  in  need  of.       We  also  constantly  monitor  the  sales  behavior  of  the  products    against  activities  and   external  forces  in  order  to  find  out  and  prevent  any  disturbance  at  the  beginning   and  when  they  just  reacted  slightly  unusual.     We  always  enjoy  working  with  productive  systems  and        
  • 18. Fast     Local   Operation   Support   Specialized   Low     Cost  
  • 19. Exir  Redeka  Ltd.  No.  09,  Hedayat  Sq.,  Darrous  Tel:  021  22  78  34  87  Fax:  021  22  55  62  39   info@redeka.ir   12/21/12