Metabical is claimed to be a safe and effective weight loss drug. The case study describe the analysis of marketing strategy used to introduce the drug in the market and also establish a viable positioning for the product.
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Metabical case study analysis
1. GROUP 10
Ayasha Banka (1627942)
Swati Roy (1627961)
Himanshu Singh (1627912)
Surbhi Joshi (1627960)
Utkarsh (1627934)
Hitesh Rathod (1627913)
2. METABICAL:
Safe and effective weight loss drug.
First weight loss drug introduced by Cambridge Science Pharmaceuticals (CSP)
For moderately overweight individuals.
CSP is an international health care company that develops, manufactures and market
products which treat metabolic disorders, immune infections and other acute medical
conditions.
Issue is to develop a viable positioning strategy and business plan.
It is scheduled to launch in January 2009.
3. HEALTH AND SOCIAL ISSUES
Overweight is related to number
of serious health complications
Overweight individuals endure
social stigma and outright
discriminations.
Professional life is also
negatively affected.
Laziness and self-indulgence
are common stereotypes.
4. SUPPORT PROGRAMS:
Comprehensive support plans
were created to complement
Metabical pills.
Online weight control tools ( weight
loss tracker, food diary, nutrition
and calorie calculator) were used.
Support programs were developed
to teach lifestyle skills for healthy
maintenance of weight after the
weight loss was achieved also.
Personal support and meal plans
like menu planner, grocery list,
thousands of healthy recipes was
also provided.
Exercise plans (weight training and
cardio routines) was also
developed.
6. SWOT ANALYSIS OF
METABICAL (1/2)STRENGTH:
FDA approval
Only a few negative side effect
Prescribed drug
Reducing stress on heart and liver
Fat blocking as well as calorie absorption
agent
Control release feature
Less harmful compared to other similar
products
Strong and comprehensive marketing
strategy
Experienced marketing R&D team
Allocate substantial amount of money in
marketing budget
WEAKNESS:
Gastrointestinal discomfort
Not effective to be consumed with excess
fat and calories
7. SWOT ANALYSIS OF
METABICAL: (2/2) OPPORTUNITIES:
Comprehensive support program
Health care program to include
Metabical in their prescription
program.
65% of the US population
categorised as obese, overweight
and severe obese.
Market research showed higher
indication of people wanting to loss
weight.
Bad experience of Alli and Xenical
effects.
THREATS:
FDA imposed stringent regulation
due to negative side-effect cases
of similar drugs.
Deceptive marketing claims.
Increasing herbal supplements.
Bad experience of dietary drugs
New entry
8. MARKETING
COMMUNICATION
STRATEGY:ADVERTISING
It is aimed to raise awareness and educate patients.
Direct-to-consumer(DTC) advertising is trendy in drug industry now.
Some of the CSP’s DTC concepts are:
a. Loosing weight is tough
b. Look your best
c. Those extra 20 pounds would be killing you.
It included DTC television, Online, Radio, Print Media Blitz at the time
drug’s launch.
9. PROMOTION AND PUBLIC RELATIONS:
1. Direct mail campaign
2. Viral marketing campaign
3. Social networking sites and blogs
10. FOUR P’S ANALYSIS
Product: Metabical is a weight loss drug
prescribed to be consumed only one pill a day.
Price: $3-$4 per pill
Promotion: ATL and BTL campaign
Place: Pharmacy and drug store
11. USP’S OF METABICAL:
First FDA approved drug
Less severe negative effect
Support program
Printup has 20 years of experience
Forecasting methods are structured and less possibility of
failure
Average course of treatment is only 12 weeks.
12. Points of Parity:
With respect
to ALLI, both are
FDA approved
OTC drugs and
Metabical are all
Weight loss drugs
Negative effects
are common
among weight
loss drugs
Points of
Differentiation:
Not only a weight loss
pill but also helps
customers into have
behaviour
modification and
encourage healthy
eating habits.
Targeting only
overweight segment
Less severe negative
effects
13. SEGMENTATION AND
TARGETINGPRIMARY TARGETS
DEMOGRAPHIC:
25-65 YEARS OF AGE
INCOME LEVEL ($25,000+PA)
Education level: less than high school, high school, some college,
college
PSYCHOGRAPHY:
People who want to look like movie stars
People who want to be healthier
People who want to wear skinny jeans
People who want to lose their weight
People with BMI score: overweight, obese, and severely obese
BEHAVIOUR:
Price sensitive
Likes sport
Health treatment oriented
Choose drugs based on advice
Loyal to brand
Value oriented
SECONDARY TARGETS
DOCTOR:
Specifically for doctors, physicians,
interlace corporations
Those who already have credibility
To make them one of the brand
endorsers of the product
14. MARKETING COMMUNICATION
STRATEGY PLAN:
Above the line-
Goals:
To introduce the product
To attract target market
To communicate proper positioning of the Metabical
To aware people about benefits of the product
Strategies:
Launch the “losing weight is tough” campaign through talk show,
doctors communication, brand endorser, health-related
conference
TV commercials
Radio
Magazines/ newspapers
Print ads
Mobile clinic and sport events
Billboards
Below the line-
Goals:
To communicate the proper positioning of the
product
Inform customers about the benefits of the
product
Strategies:
Email marketing
E-advertisement (E-solution and health care
articles)
Buzz marketing
Personal selling and SPG & Booth event
Social media marketing
15. CONCLUSION
Consumer research result showed great potential for
Metabical in the market.
There is a great opportunity for the product in a market if it is
positioned correctly.
Average cost $350 for the course is quite affordable for the
customers if the products come to be promising.
The company has spent $400 million in 10 years of R&D and
FDA approval.
The plan of STP and marketing communication is promising.