Case#6: Team Cialis 1) How will segment the patient market for ED treatment? 2) What is Viagra’s position in the market in 2002? 3) How would you position Cialis? 4) What competitive response do you expect? The most relevant market segmentation for ED treatment are demographic‚ psychographic behavioral. Demographic segmentation divides the ED patients market into groups by age‚ marital status‚ employment‚ income‚ education and religion. The prevalence of ED increases with age‚ especially in
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Cialis is an erectile dysfunction remedy drug to let a male get out of it. The introduction of the drug within the metabolism increases the blood waft to the penile tissues. The develop within the blood flow aids traditional sexual stimulation in preserving penile hardness and erection. As hardness of the organ is critical in having a satisfying sexual stumble upon‚ intake of Cialis tablets show it in a long way. There are two forms of Cialis ED therapy capsules viz. Manufacturer Cialis and accepted
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MEMO: “CIALIS VS. VIAGRA” 1.The managerial problem to solve How to launch new product “Cialis” successfully against the high competition of market leader Viagra? To be specific‚ what is research information for a good strategic marketing plan in order to launch successfully the new product? 2.The research questions? 1) Determine companies’ marketing objectives toward new product launching such as sales (volume‚ share)‚ growth‚ revenue‚ profit‚ MKT budget. 2) Estimate strengths and weaknesses
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Cialis Case Study Marking Scheme: Question 1 (25 Marks Total): According to information provided in the case‚ identify 3 main ED market segments. Describe each segment’s characteristics‚ including opportunities and barriers for adoption. Focus on key ED segments essential for future marketing campaign‚ as opposed to all possible segments. If sufficient information is provided in the case‚ identify potential size of the segment. - Correctly identifying demographics/age as a segment (2 marks)
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Product Team Cialis MBA Level Marketing Segmentation and Targeting: 1. What are the most relevant dimensions along which to segment the patient market for ED treatment (i.e.‚ what are the different ways you could divide it up)? Of the segments identified‚ which would you target initially with Cialis? With a potential total of 150M men worldwide (30M in the United States alone) suffering from medical Erectile Dysfunction‚ there is a wide range of factors identified as the potential causes:
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Product Team Cialis Getting Ready to Market By Elie Ofek Written Analysis and Communication Letter of Transmittal 12thDecember‚ 2012 To‚ The Course Professor Written Analysis & Communication Dear y Subject: WAC Report Please find enclosed an analysis of the case “Product Team Cialis: Getting Ready to Market” .The report includes the situational analysis‚ the problem statement‚ options‚ criteria for evaluation‚ evaluation of options‚ recommendations‚ action plan
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Case 6: Product Team Cialis: Getting Ready to Market 1. SWOT Strengths: Management strength in strategic joint venture Integrated sales and marketing at Lilly as GMSO Brand councils with affiliates Unique offering – 36hr longevity‚ high fat meals not affecting efficacy or onset time Weaknesses: Lack of product launch experience at ICOS Marketing budget relative to competitors Potential challenges associated with partnership Opportunities: Deaths attributed to Viagra Only 25% of Viagra
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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 Cialis is a brand-name drug that treats ED‚ or erectile dysfunction‚ and BPH‚ also known as benign prostatic hyperplasia. “Cialis is indicated for the treatment of men with erectile dysfunction (ED)‚ men with the signs and symptoms of benign prostatic hyperplasia (BPH)‚ and men with both ED and the signs and symptoms of BPH.” (Cialis) Cialis is manufactured by the company Eli Lilly and Sons‚ and its patent will expire by 2016 at the earliest‚ however it may extend due to competition in the
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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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