SlideShare a Scribd company logo
Health Seeking Behaviors
Who are the Solution Seekers?




AMA Presentation

May 23, 2012
“Perception is reality.”


  Lowell Sever, Ph.D.
Medical Anthropologist




                           2
Healthcare in Transition

       SIGNIFICANCE OF HEALTH SEEKING BEHAVIORS

      Consumers Control Healthcare Spend
          Choice of whether or not to seek care
          Choice of where to seek care


      Consumer Empowerment
          More Informed
          More involved in treatment decision-making


      Digital Revolution
           Personal Health Records
           Patient Portals
           On-line health care

                                                        3
Consumer Health Beliefs and Attitudes

     Adult health seekers are more likely to rate themselves as
     having poor health status than teen health seekers

     Adolescent health seekers are more likely to demonstrate
     clinical impairment or depressive symptoms than adult health
     seekers

     Middle-aged adults (45 to 65 years) are more like to search on-
     line for health information compared to their older and younger
     counterparts

     Limited evidence to suggest that the internet has motivated
     individuals to seek health care*

     No evidence to suggest that that internet impacts utilization of
     healthcare services*
                                  * Ybarra ML and Suman M. 2006 Help seeking behavior and the internet:
                                  A national survey. Intn’l J Med Informatics 75, 29-41

                                                                                                     4
Why People Seek or Do Not Seek Care

                  HEALTH BELIEF MODEL




           Perceived               Perceived
           Susceptibility          Severity
                            SEEK
                            HELP
           Perceived               Perceived
           Barriers                Benefits




                                               5
Example: People Who Will Not Seek Care for Insomnia
An individual will seek care when the perceived benefits outweigh perceived
      risk, perceived consequences of no action and perceived barriers.



      Perceived Susceptibility                        Perceived Severity
      • “I’ll catch up on my                          • “It takes awhile to fall
      sleep over the weekend.”                        asleep, but when I do, I’m
      • “When the doctor lowers                       out for the count.”
      the dose on my stomach                          • “It only takes 15 to 20
      meds, I’ll sleep again.”                        minutes to get back to
                                           Does not   sleep.”
                                          Seek Help
     Perceived Barriers
                                                      Perceived Benefits
     • “I know I need help, but I can’t
     afford to buy any more                           • “Nothing will help; sleeping
     medications.”                                    less is part of getting older.”
     • “I can’t drive two hours each                  • “There’re better things to do
     way for a therapist appointment.”                with my time and money.”




                                                                                        6
Case Study: Insomnia
Consumer-driven market

Consumers in a unique position → Ability to “diagnose the problem”
and quickly assess treatment effectiveness

Critical Market Drivers → Perceived Need and Perceived Efficacy




                            What is the market opportunity?
                                Is insomnia included in sleep medicine
                                hospital services?
                                Is insomnia an outpatient outreach
                                activity?



                                                                         7
What We Know About Insomnia

Inability to Fall Asleep Easily, to Stay Asleep or to Have Quality Sleep


 Set of subjective sleep complaints that 20 percent to 35 percent of the
 general population will report as experiencing at any one point in time

 Estimated prevalence in the United States: 40 to 70 million adults, about
 20% of the population


• 6 percent to13 percent of eligible patients seek health care, usually
from a primary care provider.

• 45 percent experiencing transient or chronic insomnia prefer to either
ignore the problem or self-treat from an arsenal of over-the-counter
sleep aids and products available on-line and through retail outlets.


                                                                            8
Attempts to Motivate Individuals to Seek Help for Insomnia

No One Treatment has been Shown to Relieve Insomnia Symptoms


      Since 2000, pharmaceutical companies have spent an average of
      $520 million/year in direct-to-consumer (DTC) advertising to
      motivate adults with insomnia to seek drug-related relief.

      Advertising analysts estimate that every dollar spent in insomnia
      DTC advertising results in $3.45 in prescriptive drug sales.

      In 2006 Americans made about 707,000 physician office visits for
      primary and secondary insomnia: 47.8 million prescriptions were
      filled that generated $3 billion in sales.

      Whether DTC advertising has a “wash-over effect” or not on non-
      drug therapies and OTC products is not known. In 2006, sales of
      OTC sleeping pills and sleeping aids were $1.8 billion.

                                                                          9
Insomnia Solution Seeking Choices

                                           CONSUMERS

                 SOLUTION SEEKER                                  SOLUTION AVOIDER
                               RX Drugs
                      • BENZODIAZEPINES
  Seek M.D. Care      • NONBENZODIAZEPINES
   (Pill Takers)      • MELATONIN AGONISTS
                      • ANTIDEPRESSANTS

                      • Cognitive Behavioral Therapy
Seek Non-M.D. Care    • CES, TMS, Biofeedback
 (Non-Pill Takers)    • Acupuncture
                      • Spinal Manipulation

                                  Pill Taker
                      • OTC Drugs
                      • Herbal/Nutritional Supplements
 Self-Directed Care
                                      Non-Pill Taker
                      • Light therapy, Sound Therapy
                      •Relaxation Therapy (yoga, massage)
                      • Sleep Device Pillows, TMS mattress pads

                                                                                     10
Available Sleep Devices

                CES Ultra (Neuro-Fitness, LLC)
                Cost: $249.95 - $359.00.




             Alpha Stim 100 Cost:
             $495-$895




                                                 EarthPulse. Cost: $499.00


                                                                             11
Available Sleep Devices




 • SleepSonic Sleepmate™ Cost:
 $34.95; with sound system $229.00
                                        • Dreammate Sleep Aid Effects.”
                                        • Cost: $125.00




                                     • Sound Screen Sleep Mate® Cost:
                     •Cost: $29.95   $49,96 to $75.50

                                                                          12
What Would You Choose to Do? Why?

                 VALUE CONSIDERATIONS


       Take a branded sleep drug at $3.00/night
                        versus
  Drink a Decaf Starbuck’s mocha latte at $3.25/night
                        versus
          Use a OTC sleep aid at $0.75/night
                        versus
       Drink a warm glass of milk at $0.35/night.


                                                        13
Health Seeking Options are the Pulse of Healthcare Spend

                          KEY TAKE-AWAYS


      Consumers will only seek a health solution if the benefits (getting
      better) outweigh the barriers to care and risk of doing nothing

      Knowing health seeking behaviors is critical to assessing a product
      or service opportunity, formulating a market strategy, and
      conducting successful marketing campaigns

      Knowing health seeking behavior drills down on unmet need.
      There is a need for effective insomnia relief, but few people seek
      relief


   You can lead a horse to water, but you can’t make him drink!


                                                                        14

More Related Content

Viewers also liked

Act10kepa.silva
Act10kepa.silvaAct10kepa.silva
Act10kepa.silva
lin Nov
 
โครงร่างโครงงาน
โครงร่างโครงงานโครงร่างโครงงาน
โครงร่างโครงงาน
BAMBU Lee
 
ใบงานที่2.docx
 ใบงานที่2.docx  ใบงานที่2.docx
ใบงานที่2.docx
BAMBU Lee
 
โครงร่างโครงงาน
โครงร่างโครงงานโครงร่างโครงงาน
โครงร่างโครงงาน
BAMBU Lee
 
Modulo material design_for_virtual_environments_observ
Modulo material design_for_virtual_environments_observModulo material design_for_virtual_environments_observ
Modulo material design_for_virtual_environments_observ
lin Nov
 

Viewers also liked (17)

Act10kepa.silva
Act10kepa.silvaAct10kepa.silva
Act10kepa.silva
 
โครงร่างโครงงาน
โครงร่างโครงงานโครงร่างโครงงาน
โครงร่างโครงงาน
 
Stump final presentation
Stump final presentationStump final presentation
Stump final presentation
 
Indonesia mengajar 2
Indonesia mengajar 2Indonesia mengajar 2
Indonesia mengajar 2
 
Walk Around Harvard - Photo Shoot 1
Walk Around Harvard - Photo Shoot 1Walk Around Harvard - Photo Shoot 1
Walk Around Harvard - Photo Shoot 1
 
On Shaker Village
On Shaker VillageOn Shaker Village
On Shaker Village
 
20120526_ブロガーお茶会_水族館
20120526_ブロガーお茶会_水族館20120526_ブロガーお茶会_水族館
20120526_ブロガーお茶会_水族館
 
Review mikrobiologi
Review mikrobiologiReview mikrobiologi
Review mikrobiologi
 
ใบงานที่2.docx
 ใบงานที่2.docx  ใบงานที่2.docx
ใบงานที่2.docx
 
โครงร่างโครงงาน
โครงร่างโครงงานโครงร่างโครงงาน
โครงร่างโครงงาน
 
Washington DC Visitor's Guide
Washington DC Visitor's GuideWashington DC Visitor's Guide
Washington DC Visitor's Guide
 
Rexona Presentation
Rexona Presentation Rexona Presentation
Rexona Presentation
 
Modulo material design_for_virtual_environments_observ
Modulo material design_for_virtual_environments_observModulo material design_for_virtual_environments_observ
Modulo material design_for_virtual_environments_observ
 
Engaging Students with Texts
Engaging Students with TextsEngaging Students with Texts
Engaging Students with Texts
 
Gas Air Heater (Air Pre Heater)
Gas Air Heater (Air Pre Heater)Gas Air Heater (Air Pre Heater)
Gas Air Heater (Air Pre Heater)
 
Codigo ascii
Codigo  asciiCodigo  ascii
Codigo ascii
 
Basics of pump
Basics of pump Basics of pump
Basics of pump
 

Similar to Solution seekers, healthcare sig from AMA San Antonio

Part 2: I'm Ready to Take Control!
Part 2: I'm Ready to Take Control!Part 2: I'm Ready to Take Control!
Part 2: I'm Ready to Take Control!
jdaliege
 
Insomnia presentation
Insomnia presentationInsomnia presentation
Insomnia presentation
Sovann Pen
 
Consent & Capacity - Substitute Decision Makers
Consent & Capacity - Substitute Decision MakersConsent & Capacity - Substitute Decision Makers
Consent & Capacity - Substitute Decision Makers
The Scarborough Hospital
 
Hope and Action: Patient Interviewing Tips
Hope and Action: Patient Interviewing TipsHope and Action: Patient Interviewing Tips
Hope and Action: Patient Interviewing Tips
taralv
 
7th grade objective 2.02 QUACKERY Power point.pptx
7th grade objective 2.02 QUACKERY Power point.pptx7th grade objective 2.02 QUACKERY Power point.pptx
7th grade objective 2.02 QUACKERY Power point.pptx
CharmaineQuisora
 

Similar to Solution seekers, healthcare sig from AMA San Antonio (20)

Michael Gavin
Michael GavinMichael Gavin
Michael Gavin
 
Part 2: I'm Ready to Take Control!
Part 2: I'm Ready to Take Control!Part 2: I'm Ready to Take Control!
Part 2: I'm Ready to Take Control!
 
Insomnia presentation
Insomnia presentationInsomnia presentation
Insomnia presentation
 
Going Beyond Advance Directives
Going Beyond Advance DirectivesGoing Beyond Advance Directives
Going Beyond Advance Directives
 
Consent & Capacity - Substitute Decision Makers
Consent & Capacity - Substitute Decision MakersConsent & Capacity - Substitute Decision Makers
Consent & Capacity - Substitute Decision Makers
 
Hope and Action: Patient Interviewing Tips
Hope and Action: Patient Interviewing TipsHope and Action: Patient Interviewing Tips
Hope and Action: Patient Interviewing Tips
 
Autonomy (2).pptx
Autonomy (2).pptxAutonomy (2).pptx
Autonomy (2).pptx
 
How to get the best medical care - for less ! Dr Malpani
How to get the best medical care - for less ! Dr MalpaniHow to get the best medical care - for less ! Dr Malpani
How to get the best medical care - for less ! Dr Malpani
 
How to Transition from Allopathic to Integrated Practice - IMM Brazil 2015
How to Transition from Allopathic to Integrated Practice - IMM Brazil 2015How to Transition from Allopathic to Integrated Practice - IMM Brazil 2015
How to Transition from Allopathic to Integrated Practice - IMM Brazil 2015
 
MAIDCancer Support NOW 2022.pptx
MAIDCancer Support NOW 2022.pptxMAIDCancer Support NOW 2022.pptx
MAIDCancer Support NOW 2022.pptx
 
Al Power - Dementia beyond disease: Enhancing well being
Al Power - Dementia beyond disease: Enhancing well beingAl Power - Dementia beyond disease: Enhancing well being
Al Power - Dementia beyond disease: Enhancing well being
 
QUACKERY mapeh 10 health lesson ......pptx
QUACKERY mapeh 10 health lesson ......pptxQUACKERY mapeh 10 health lesson ......pptx
QUACKERY mapeh 10 health lesson ......pptx
 
How to Manage Cancer Fatigue
How to Manage Cancer FatigueHow to Manage Cancer Fatigue
How to Manage Cancer Fatigue
 
7th grade objective 2.02 QUACKERY Power point.pptx
7th grade objective 2.02 QUACKERY Power point.pptx7th grade objective 2.02 QUACKERY Power point.pptx
7th grade objective 2.02 QUACKERY Power point.pptx
 
7th grade objective 2.02 QUACKERY Power point.pptx
7th grade objective 2.02 QUACKERY Power point.pptx7th grade objective 2.02 QUACKERY Power point.pptx
7th grade objective 2.02 QUACKERY Power point.pptx
 
Life Vessel of the Rockies
Life Vessel of the RockiesLife Vessel of the Rockies
Life Vessel of the Rockies
 
Cognitive behavioral therapy
Cognitive behavioral therapyCognitive behavioral therapy
Cognitive behavioral therapy
 
How to be your own health advocate
How to be your own health advocateHow to be your own health advocate
How to be your own health advocate
 
Reflecting on mental health consumer-survivor-expatient movement
Reflecting on mental health consumer-survivor-expatient movementReflecting on mental health consumer-survivor-expatient movement
Reflecting on mental health consumer-survivor-expatient movement
 
Didit - Compliance and the new tool!
Didit - Compliance and the new tool!Didit - Compliance and the new tool!
Didit - Compliance and the new tool!
 

Recently uploaded

anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
anasabutalha2013
 
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
Khaled Al Awadi
 

Recently uploaded (20)

Event Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybridEvent Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybrid
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
Easy Way to Download and Set Up Gen TDS Software on Your Computer
Easy Way to Download and Set Up Gen TDS Software on Your ComputerEasy Way to Download and Set Up Gen TDS Software on Your Computer
Easy Way to Download and Set Up Gen TDS Software on Your Computer
 
12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf
12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf
12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf
 
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlastUnlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
 
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
Meaningful Technology for Humans: How Strategy Helps to Deliver Real Value fo...
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdf
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdfMatt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdf
Matt Conway - Attorney - A Knowledgeable Professional - Kentucky.pdf
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
 
Luxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
Luxury Artificial Plants Dubai | Plants in KSA, UAE | ShajaraLuxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
Luxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
 
HR and Employment law update: May 2024.
HR and Employment law update:  May 2024.HR and Employment law update:  May 2024.
HR and Employment law update: May 2024.
 
TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024
 
Hyundai capital 2024 1quarter Earnings release
Hyundai capital 2024 1quarter Earnings releaseHyundai capital 2024 1quarter Earnings release
Hyundai capital 2024 1quarter Earnings release
 
LinkedIn Masterclass Techweek 2024 v4.1.pptx
LinkedIn Masterclass Techweek 2024 v4.1.pptxLinkedIn Masterclass Techweek 2024 v4.1.pptx
LinkedIn Masterclass Techweek 2024 v4.1.pptx
 
Falcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small BusinessesFalcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small Businesses
 
Global Interconnection Group Joint Venture[960] (1).pdf
Global Interconnection Group Joint Venture[960] (1).pdfGlobal Interconnection Group Joint Venture[960] (1).pdf
Global Interconnection Group Joint Venture[960] (1).pdf
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
 
Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
 

Solution seekers, healthcare sig from AMA San Antonio

  • 1. Health Seeking Behaviors Who are the Solution Seekers? AMA Presentation May 23, 2012
  • 2. “Perception is reality.” Lowell Sever, Ph.D. Medical Anthropologist 2
  • 3. Healthcare in Transition SIGNIFICANCE OF HEALTH SEEKING BEHAVIORS Consumers Control Healthcare Spend  Choice of whether or not to seek care  Choice of where to seek care Consumer Empowerment  More Informed  More involved in treatment decision-making Digital Revolution  Personal Health Records  Patient Portals  On-line health care 3
  • 4. Consumer Health Beliefs and Attitudes Adult health seekers are more likely to rate themselves as having poor health status than teen health seekers Adolescent health seekers are more likely to demonstrate clinical impairment or depressive symptoms than adult health seekers Middle-aged adults (45 to 65 years) are more like to search on- line for health information compared to their older and younger counterparts Limited evidence to suggest that the internet has motivated individuals to seek health care* No evidence to suggest that that internet impacts utilization of healthcare services* * Ybarra ML and Suman M. 2006 Help seeking behavior and the internet: A national survey. Intn’l J Med Informatics 75, 29-41 4
  • 5. Why People Seek or Do Not Seek Care HEALTH BELIEF MODEL Perceived Perceived Susceptibility Severity SEEK HELP Perceived Perceived Barriers Benefits 5
  • 6. Example: People Who Will Not Seek Care for Insomnia An individual will seek care when the perceived benefits outweigh perceived risk, perceived consequences of no action and perceived barriers. Perceived Susceptibility Perceived Severity • “I’ll catch up on my • “It takes awhile to fall sleep over the weekend.” asleep, but when I do, I’m • “When the doctor lowers out for the count.” the dose on my stomach • “It only takes 15 to 20 meds, I’ll sleep again.” minutes to get back to Does not sleep.” Seek Help Perceived Barriers Perceived Benefits • “I know I need help, but I can’t afford to buy any more • “Nothing will help; sleeping medications.” less is part of getting older.” • “I can’t drive two hours each • “There’re better things to do way for a therapist appointment.” with my time and money.” 6
  • 7. Case Study: Insomnia Consumer-driven market Consumers in a unique position → Ability to “diagnose the problem” and quickly assess treatment effectiveness Critical Market Drivers → Perceived Need and Perceived Efficacy What is the market opportunity? Is insomnia included in sleep medicine hospital services? Is insomnia an outpatient outreach activity? 7
  • 8. What We Know About Insomnia Inability to Fall Asleep Easily, to Stay Asleep or to Have Quality Sleep  Set of subjective sleep complaints that 20 percent to 35 percent of the general population will report as experiencing at any one point in time  Estimated prevalence in the United States: 40 to 70 million adults, about 20% of the population • 6 percent to13 percent of eligible patients seek health care, usually from a primary care provider. • 45 percent experiencing transient or chronic insomnia prefer to either ignore the problem or self-treat from an arsenal of over-the-counter sleep aids and products available on-line and through retail outlets. 8
  • 9. Attempts to Motivate Individuals to Seek Help for Insomnia No One Treatment has been Shown to Relieve Insomnia Symptoms Since 2000, pharmaceutical companies have spent an average of $520 million/year in direct-to-consumer (DTC) advertising to motivate adults with insomnia to seek drug-related relief. Advertising analysts estimate that every dollar spent in insomnia DTC advertising results in $3.45 in prescriptive drug sales. In 2006 Americans made about 707,000 physician office visits for primary and secondary insomnia: 47.8 million prescriptions were filled that generated $3 billion in sales. Whether DTC advertising has a “wash-over effect” or not on non- drug therapies and OTC products is not known. In 2006, sales of OTC sleeping pills and sleeping aids were $1.8 billion. 9
  • 10. Insomnia Solution Seeking Choices CONSUMERS SOLUTION SEEKER SOLUTION AVOIDER RX Drugs • BENZODIAZEPINES Seek M.D. Care • NONBENZODIAZEPINES (Pill Takers) • MELATONIN AGONISTS • ANTIDEPRESSANTS • Cognitive Behavioral Therapy Seek Non-M.D. Care • CES, TMS, Biofeedback (Non-Pill Takers) • Acupuncture • Spinal Manipulation Pill Taker • OTC Drugs • Herbal/Nutritional Supplements Self-Directed Care Non-Pill Taker • Light therapy, Sound Therapy •Relaxation Therapy (yoga, massage) • Sleep Device Pillows, TMS mattress pads 10
  • 11. Available Sleep Devices CES Ultra (Neuro-Fitness, LLC) Cost: $249.95 - $359.00. Alpha Stim 100 Cost: $495-$895 EarthPulse. Cost: $499.00 11
  • 12. Available Sleep Devices • SleepSonic Sleepmate™ Cost: $34.95; with sound system $229.00 • Dreammate Sleep Aid Effects.” • Cost: $125.00 • Sound Screen Sleep Mate® Cost: •Cost: $29.95 $49,96 to $75.50 12
  • 13. What Would You Choose to Do? Why? VALUE CONSIDERATIONS Take a branded sleep drug at $3.00/night versus Drink a Decaf Starbuck’s mocha latte at $3.25/night versus Use a OTC sleep aid at $0.75/night versus Drink a warm glass of milk at $0.35/night. 13
  • 14. Health Seeking Options are the Pulse of Healthcare Spend KEY TAKE-AWAYS Consumers will only seek a health solution if the benefits (getting better) outweigh the barriers to care and risk of doing nothing Knowing health seeking behaviors is critical to assessing a product or service opportunity, formulating a market strategy, and conducting successful marketing campaigns Knowing health seeking behavior drills down on unmet need. There is a need for effective insomnia relief, but few people seek relief You can lead a horse to water, but you can’t make him drink! 14