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Developing a strategic brand and market analysis
for a leading pharmaceutical company.
Challenge
Develop strategic marketing programs to promote over-the-counter
pain relief products to specific population segments. The objectives of the program were to
1) Enhance recognition and increase awareness and sales among the target demographic
through strategic involvement with meaningful organizations and events; 2) Cultivate lasting
and meaningful relationships with the various communities to whom the product is sold;
and 3) Reinforce the brand's general marketing efforts.
Solution
Webb Patterson implemented a targeted marketing campaign to
increase company and product presence among the target market and provide opportunities
for product sampling. The process used for brand and market analysis included focus groups,
anecdotal feedback from consumers, in-depth discussions with the brand managers, and a
telephone survey of 400 participants from the target market. The firm reviewed the types of
activities pursued by the target market and focused program development accordingly.
Results
Feedback received at events designed
to promote the brand was overwhelmingly positive. In
addition, the brand saw a sales increase by 4 to 5%
in the last year, despite the fact that the product
category was seeing a decline.
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