Tracy Rucker Marketing Mid-Term 2012 March 1‚ 2012 Product Team Cialis: Getting Ready to Market Brief Background Erectile dysfunction’ is the failure to achieve and maintain an erection sufficient for satisfactory sexual experience. It affects 150 million men globally. In March1998‚ Viagra (Sildenafil) was the first oral medication approved for use in ‘erectile dysfunction. Viagra had a very successful launch with a total of 600‚000 prescriptions filled in the first month (April 1998)‚ and
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Introduction The new medicine named Cialis is getting ready to the market.By Customer analysis‚ SWOT analysis‚a decision each of the marketing mix is taken to compliment the strategy chosen based on the competencies and resources of the product team. Consumer Analysis: Who? 150 million men worldwide (Chronic) and 50% of all men (40-70) What? Onset; Safety with Nitrates; Duration; Time on market When? They purchase after consultation‚ with family doctor; urologist or men’s specialist;
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1) What are the most relevant dimensions along which to segment the patient market for ED treatment? Of the segments identified‚ which would you target initially with Cialis? The relevant dimensions are: age‚ occupation‚ marital/partner status‚ level of education‚ level of income and ED medication use habits (i.e. Viagra dropout). Within these segments‚ the populations to target are: • Age: Men ages 50+ (slight market with men ages 40-49) • Occupation: Retired or employed full time • Marital
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Cialis Case Analysis I. Problem: Lilly ICOS LLC (“Lily”)‚ a young biotech start-up‚ is going to launch a new drug Cialis for male impotence treatment. In the existing ED drug market‚ Viagra has gained a huge success and Pfizer is accelerating its marketing pace. The problem with Lily is which patient segment to target and how to position itself in the marketplace in launching the Cialis. II. Alternatives: 1) Follow a Beat Strategy and Come Up with a Differentiated Positioning + High profit
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one more product appears to have escaped scrutiny and has succeeded in taking on a more official standing. The phenomenon known as the Cialis tender Tabs Following the discharge of a unsolicited mail mail in 2005 which noticed an attractive nurse delivering Cialis delicate tabs‚ Firstmed acquired a document number of enquires related to the availability of Cialis soft Tabs and continues to acquire weekly requests for a healing that’s typical and potentially unsafe.
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Cialis Cialis is an erectile dysfunction medication attempting to enter the market that is already dominated by Viagra. Viagra’s dominance in the market‚ along with Levitra’s entrance on the scene‚ it caused Lilly ICOS LLC to question how they should position Cialis with their unique capabilities. In order for Cialis to become successful in the market‚ they can either use a beat strategy‚ compete strategy‚ or niche strategy. Before implementing these solutions‚ a set of criteria is needed to determine
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company is faced with the challenge of launching the drug in a market with a highly successful and established brand. Positioning of the drug‚ and marketing its value proposition to the most appropriate target market is key to the successful launch of the product‚ and the biggest problem faced by the Company at this time. Solution Lilly ICOS Marketing team has a challenge to build a brand in a market which may already see a new drug (Levitra1) that can capture a niche market. The team has the following
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Losing your libido? Let Cialis help! What is Cialis? Cialis can be used to treat two different conditions: erectile dysfunction (ED) and urinary issues associated with benign prostatic hyperplasia. Erectile dysfunction is a condition when a man is unable to get or maintain an erection‚ hard enough and long enough to be suitable for sexual activity. Cialis taken just prior to sexual stimulation helps the blood vessels in the penis to relax enough to allow a better blood flow. Benign prostatic hyperplasia
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states. * There was a huge market for ED drugs. In 1996 the number of ED prompted doctor visits was at the all time high of 1.3 million visits. 2. Draw a perceptual map that summarizes the positioning strategies adopted by Viagra‚ Levitra and Cialis and evaluate those strategies. Viagra’s positioning strategy: Pfizer first started out by featuring older celebrities‚ like Bob Dole‚ trying to capture attention of their target market. Statistics showed that over 50% of Viagra’s customers were
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Cialis‚ a medicine treatment of ED had a huge potential in the market‚ as an innovative new drug. Developed through the joint venture between two companies‚ one pharmaceutical called Lilly and another one‚ a young biotech start up named ICOS. Despite the recognition of Viagra in the market‚ Cialis emerged with more benefits and value that differentiate it of competition. Before launching the product‚ an extensive market research was developed in order to understand the ED market from different
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