Marketing Plan for a new
Android App
Healcare
A lifeline app
• Executive Summary
• Situation Analysis
• Goal
• Strategy
• Tactics
• Implementation
Executive
Summary
• Healthcare is one of the most
essential field in the current and
upcoming generations
• Medical Emergency is the need of
the hour in this "fast growing" world
The app market space is expanding. The
worldwide medical technology market has
escalated to a sum total value is likely to
reach $477.5 billion by 2020, expanding at an
annual rate of 4.1 percent on the next five
decades, according to a market research
company Evaluate Ltd.
• Research suggests that the future of
medical users will be all online with
lesser scope for offline
• So a 24*7 medical assistance is
necessary especially to adults and elderly
people
Here comes
the rescue to
all your health
issues
• Introducing Healcare, an app that serves as a
medical companion to every person
• It provides one step Platform for solving any health
related issues of the customers
• Its all in one click of the app for emergency
purposes such as consulting personal Doctors,
ordering medicines, needing Blood of certain
Blood Group, counselling for stress issues and
many more…
Situation
Analysis
Company
Overview
Core Competencies
• Collaboration with top medical experts and hospitals
• Authentic Distribution of Medicines
• Nationwide connection with medical institutes
• Most helpful Blood Bank Database
• Trained Psychologists for counselling
• Fitness Level Tracking
Strategic Assets
• Wide User base as no one can be 100 percent
healthy
• Healthcare field is permanent
• Medical Advertisements adding revenue
• Attracting customers from various private medical
channels
Current Product Line
• Medicine
• Health
• Hygiene
• Fitness
• Wellness
• Protection
• Lifestyle
Domains
• Casualty
• Diagnostics
• Counselling
• Online Orders
• Health Articles
• Fitness Tips
• Check Ups
Features
•
• "Healcare" will be positioned itself as a "Medical App
Assistant" to the people
• It will serve as one big source of Healthcare benefits
that many consumers will tend to use in case of illness
• It will occupy a unique position in Market hoping to
garner a greater market share since it serves
multipurposely than its competitors
Market Position
Market
Overview
Sales
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
Potential Customers
33%
27%
20%
13%
7%
Age Wise Distribution
Elders
Babies
School Children
Adults
College Students
Notable Global Healthcare Apps
• Docasap - Search for Doctors and appointments
• Practo - Book Doctors, Labs, Gyms, Spa & Salon
• Doctor Now - Personalised Video Calls to Doctors
• Skyscape - Medical Library and Nursing References
• Medscape - Medical News, Clinical Trials, Guidelines
• TouchCare - Video Appointments with Physician
• Epocrates - Drug Information and Interaction
• Isabel - Diagnosis Assistance
Strengths
• Serves "Multi-purposes"
• Not much prevalent competition
currently in India
• Consumers started preferring online
than offline
• Relatively cheaper alternative
• Large connection with field experts
Weaknesses
• Authenticity of Medicine distribution
• Currently less relative awareness for
online medical care
• Expert appointments may be costly
• Offline medical sellers' opposition
Opportunities
• Internet resource widely available
• Plenty of medical related information
• Extensive use of smartphones
• Need of the hour for elderly people
emergency
Threats
• Medicine distribution going out of rules
• Revenue may decrease if experts
demand more
• Illegal use of medicines
• Difficult to get many efficient doctors
and counsellors
• App to be approved by FDA
-
Demographic Segmentation
Age - Mainly Elder People ( ~ above 50 years)
Income - Middle and Upper Class
Education - Anyone can operate smartphone these days !
Generation - Current and Upcoming
Psychographic Segmentation
City Urban - High work Stress
CityRural - medium stress
Rural - low work stress, high income stress
Goal
• Time Frame: 4-5 years
• Downloads- 10million +
• Doctor Count- over 200k+
• Monthly Appointments- 50k+
• Unique Customers- 10 million
Strategy
Target Market
Customer Needs
• Regular Health Check ups
• Instant Healthcare Tips
• Emergency Casualty 24*7
• Faster online facilities
• Friendly app interface
Distinguishing Characteristics of Consumers
• People who are health conscious
• Affordable Users- Middle and Higher class
• People with higher workload prefer online
• Regular Smartphone Users
Collaborators
• Professional Doctors
• Medicine Suppliers
• Recognized Hospitals and Medical Institutes
• Blood Banks
• Experienced Counselors
Their Strategic Goals
• Shared Revenue
• Channel Publicity and Promotion
• Positive Recognition and Credit
• Gain New Consumers
• Establish Brand Image
Healcare's Strategic Business Unit
• Marketing, Communication and Distribution
• Finance and Accounts
• Human Resource
• Public Relations
• Business Development
Key Stakeholders
• Doctors
• Counsellers
• Suppliers
• Hospitals
• Medical Institutes
• Investors
• Employees
Points of Parity
• Ordering Medicines Online
• Booking Doctors Appointment
• Health Checkups and Tips
• Fitness Tracker
Points of Difference
• All in One Platform
• Emergency Blood requirement
• Everything related to healthcare available
under one roof
• Many Competitors facilitate professionals than
general consumers
Situational Contexts
• Mobile App Market is getting bigger
• In 2015, 1 billion smartphones are sold
• Average mobile app user spends more than 30 hours a month on more than two dozen
apps
• By 2017, its expected that over 268 billion downloads will generate $77 billion worth of
revenue.
• 46 percent of app users report having paid for their apps
Tactics
Product Benefits
Free Features
• Finding and connecting with Blood Donor
in tieup with Hospitals
• Regular Health Tip Articles
• Fitness Tracker
• Primary Health Check Ups
Premium Features
• Personal Video Call with Physician
• Medicine Distribution
• Doctor Appointments
• Additional Health Tips from Experts
• Extra Counselling Offer
• Name Healcare
• Symbol
• Slogan Lifeline App
• Jingle Livelong…Lifelong…
Brand !
Price
• Doctors Consultation Fee + Booking
Charges
• Medicine MRP + Home Delivery Charges
(wherever applicable)
• Video Call – Rs 400 / 30 Min
• Deal with Doctors Revenue
Incentives
• Booking Charge is Less on subsequent app usage
• Lesser Product rate for buying more items
• Free Home Delivery for Bulk Orders
• Cashback offers for app invites and installs
• Free Consultations on special occasions, eg.
Mothers Day, Cancer Day etc.
Implementation
• Infrastructure: An excellent working team consisting mainly of
IITians, NITians and entrepreneurs and start up enthusiasts
• Processes: A typical Start Up company Implementation
process with applied innovation and technology
• Schedule: Preliminary Schedule Plan for first 1 year
Secondary plan for consecutive years
Credits
• https://www.entrepreneur.com/article/236832
• http://www.statista.com/statistics/269025/worldwide-mobile-app-revenue-forecast/
• http://www.imedicalapps.com/2011/01/top-free-android-medical-apps-healthcare-
professionals/4/
• http://blog.capterra.com/top-7-medical-apps-for-doctors/
• http://www.modernhealthcare.com/article/20151128/MAGAZINE/311289981
• https://pbrain.hypermart.net/apps-that-might-replace-a-doctors-appointment-in-the-
future.html
• http://searchhealthit.techtarget.com/feature/Consumers-providers-adopt-online-doctor-
appointment-scheduling
• http://www.cio.com/article/2981354/health/can-you-trust-your-healthcare-app.html
• http://yourstory.com/2014/08/practo-growth-story/
DISCLAIMER
These slides were done by B V Dinesh, IIT Hyderabad,
as part of an Internship Project under the guidance of
Prof. Sameer Mathur, IIM Lucknow.
Marketing Plan for an Android App- "Healcare"

Marketing Plan for an Android App- "Healcare"

  • 1.
    Marketing Plan fora new Android App
  • 2.
  • 3.
    • Executive Summary •Situation Analysis • Goal • Strategy • Tactics • Implementation
  • 4.
  • 5.
    • Healthcare isone of the most essential field in the current and upcoming generations • Medical Emergency is the need of the hour in this "fast growing" world
  • 6.
    The app marketspace is expanding. The worldwide medical technology market has escalated to a sum total value is likely to reach $477.5 billion by 2020, expanding at an annual rate of 4.1 percent on the next five decades, according to a market research company Evaluate Ltd.
  • 7.
    • Research suggeststhat the future of medical users will be all online with lesser scope for offline • So a 24*7 medical assistance is necessary especially to adults and elderly people
  • 8.
    Here comes the rescueto all your health issues
  • 10.
    • Introducing Healcare,an app that serves as a medical companion to every person • It provides one step Platform for solving any health related issues of the customers • Its all in one click of the app for emergency purposes such as consulting personal Doctors, ordering medicines, needing Blood of certain Blood Group, counselling for stress issues and many more…
  • 11.
  • 12.
  • 13.
    Core Competencies • Collaborationwith top medical experts and hospitals • Authentic Distribution of Medicines • Nationwide connection with medical institutes • Most helpful Blood Bank Database • Trained Psychologists for counselling • Fitness Level Tracking
  • 14.
    Strategic Assets • WideUser base as no one can be 100 percent healthy • Healthcare field is permanent • Medical Advertisements adding revenue • Attracting customers from various private medical channels
  • 15.
    Current Product Line •Medicine • Health • Hygiene • Fitness • Wellness • Protection • Lifestyle Domains • Casualty • Diagnostics • Counselling • Online Orders • Health Articles • Fitness Tips • Check Ups Features
  • 16.
    • • "Healcare" willbe positioned itself as a "Medical App Assistant" to the people • It will serve as one big source of Healthcare benefits that many consumers will tend to use in case of illness • It will occupy a unique position in Market hoping to garner a greater market share since it serves multipurposely than its competitors Market Position
  • 17.
  • 18.
    Sales 1st Qtr 2ndQtr 3rd Qtr 4th Qtr Potential Customers 33% 27% 20% 13% 7% Age Wise Distribution Elders Babies School Children Adults College Students
  • 19.
    Notable Global HealthcareApps • Docasap - Search for Doctors and appointments • Practo - Book Doctors, Labs, Gyms, Spa & Salon • Doctor Now - Personalised Video Calls to Doctors • Skyscape - Medical Library and Nursing References • Medscape - Medical News, Clinical Trials, Guidelines • TouchCare - Video Appointments with Physician • Epocrates - Drug Information and Interaction • Isabel - Diagnosis Assistance
  • 20.
    Strengths • Serves "Multi-purposes" •Not much prevalent competition currently in India • Consumers started preferring online than offline • Relatively cheaper alternative • Large connection with field experts
  • 21.
    Weaknesses • Authenticity ofMedicine distribution • Currently less relative awareness for online medical care • Expert appointments may be costly • Offline medical sellers' opposition
  • 22.
    Opportunities • Internet resourcewidely available • Plenty of medical related information • Extensive use of smartphones • Need of the hour for elderly people emergency
  • 23.
    Threats • Medicine distributiongoing out of rules • Revenue may decrease if experts demand more • Illegal use of medicines • Difficult to get many efficient doctors and counsellors • App to be approved by FDA
  • 25.
    - Demographic Segmentation Age -Mainly Elder People ( ~ above 50 years) Income - Middle and Upper Class Education - Anyone can operate smartphone these days ! Generation - Current and Upcoming
  • 26.
    Psychographic Segmentation City Urban- High work Stress CityRural - medium stress Rural - low work stress, high income stress
  • 27.
  • 28.
    • Time Frame:4-5 years • Downloads- 10million + • Doctor Count- over 200k+ • Monthly Appointments- 50k+ • Unique Customers- 10 million
  • 29.
  • 30.
    Target Market Customer Needs •Regular Health Check ups • Instant Healthcare Tips • Emergency Casualty 24*7 • Faster online facilities • Friendly app interface
  • 31.
    Distinguishing Characteristics ofConsumers • People who are health conscious • Affordable Users- Middle and Higher class • People with higher workload prefer online • Regular Smartphone Users
  • 32.
    Collaborators • Professional Doctors •Medicine Suppliers • Recognized Hospitals and Medical Institutes • Blood Banks • Experienced Counselors
  • 33.
    Their Strategic Goals •Shared Revenue • Channel Publicity and Promotion • Positive Recognition and Credit • Gain New Consumers • Establish Brand Image
  • 34.
    Healcare's Strategic BusinessUnit • Marketing, Communication and Distribution • Finance and Accounts • Human Resource • Public Relations • Business Development
  • 35.
    Key Stakeholders • Doctors •Counsellers • Suppliers • Hospitals • Medical Institutes • Investors • Employees
  • 36.
    Points of Parity •Ordering Medicines Online • Booking Doctors Appointment • Health Checkups and Tips • Fitness Tracker
  • 37.
    Points of Difference •All in One Platform • Emergency Blood requirement • Everything related to healthcare available under one roof • Many Competitors facilitate professionals than general consumers
  • 38.
    Situational Contexts • MobileApp Market is getting bigger • In 2015, 1 billion smartphones are sold • Average mobile app user spends more than 30 hours a month on more than two dozen apps • By 2017, its expected that over 268 billion downloads will generate $77 billion worth of revenue. • 46 percent of app users report having paid for their apps
  • 39.
  • 40.
    Product Benefits Free Features •Finding and connecting with Blood Donor in tieup with Hospitals • Regular Health Tip Articles • Fitness Tracker • Primary Health Check Ups
  • 41.
    Premium Features • PersonalVideo Call with Physician • Medicine Distribution • Doctor Appointments • Additional Health Tips from Experts • Extra Counselling Offer
  • 42.
    • Name Healcare •Symbol • Slogan Lifeline App • Jingle Livelong…Lifelong… Brand !
  • 43.
    Price • Doctors ConsultationFee + Booking Charges • Medicine MRP + Home Delivery Charges (wherever applicable) • Video Call – Rs 400 / 30 Min • Deal with Doctors Revenue
  • 44.
    Incentives • Booking Chargeis Less on subsequent app usage • Lesser Product rate for buying more items • Free Home Delivery for Bulk Orders • Cashback offers for app invites and installs • Free Consultations on special occasions, eg. Mothers Day, Cancer Day etc.
  • 45.
  • 46.
    • Infrastructure: Anexcellent working team consisting mainly of IITians, NITians and entrepreneurs and start up enthusiasts • Processes: A typical Start Up company Implementation process with applied innovation and technology • Schedule: Preliminary Schedule Plan for first 1 year Secondary plan for consecutive years
  • 47.
    Credits • https://www.entrepreneur.com/article/236832 • http://www.statista.com/statistics/269025/worldwide-mobile-app-revenue-forecast/ •http://www.imedicalapps.com/2011/01/top-free-android-medical-apps-healthcare- professionals/4/ • http://blog.capterra.com/top-7-medical-apps-for-doctors/ • http://www.modernhealthcare.com/article/20151128/MAGAZINE/311289981 • https://pbrain.hypermart.net/apps-that-might-replace-a-doctors-appointment-in-the- future.html • http://searchhealthit.techtarget.com/feature/Consumers-providers-adopt-online-doctor- appointment-scheduling • http://www.cio.com/article/2981354/health/can-you-trust-your-healthcare-app.html • http://yourstory.com/2014/08/practo-growth-story/
  • 48.
    DISCLAIMER These slides weredone by B V Dinesh, IIT Hyderabad, as part of an Internship Project under the guidance of Prof. Sameer Mathur, IIM Lucknow.