Currently, the most relevant dimensions for segmentation in the developing ED market are geographic and demographic. Further refinement of segmentation may occur during later stages of the product life cycle. To determine where the ED patient population is most likely to be receptive to solutions, segmentation should focus on men over 50 years old, those with a sexual partner, and those who have had negative experiences with ED treatments like Viagra. In 2002, despite an initial setback, Viagra was the undisputed market leader and synonymous with ED symptoms. After five years of successful market presence, Viagra has become a cultural phenomenon and currently has over 3 million users worldwide. The ED industry is in its growth phase, experiencing rapid market acceptance and substantial profit improvement.Consideration should be given to the most effective way to position Cialis in the market and which segments to target.
...Each of the three target audiences should be presented with a distinct insight and benefit that sets Cialis apart from Viagra. For doctors, highlighting safety and lower side effects increases the chance of reoccurring prescriptions. For patients, emphasizing higher performance, shorter reliable onset time, and long-lasting effects is key. For partners, the spontaneity factor is highlighted as there is no need to discuss the evening plan regarding when to take the pill.
There are several steps involved in bringing a product to market, including idea screening, concept development and testing, marketing strategy development, business analysis, product development, market testing, and commercialization. For Cialis specifically, some steps occurred simultaneously (idea screening and product development) while others happened in parallel (concept development and testing, marketing strategy development, product development, and market testing)
due to the nature and constraints of the pharmaceutical industry - specifically, clinical trials being highly regulated. Although not explicitly mentioned, business analysis was closely monitored to assess competitive forces. While market testing occurred at the product level during FDA phase trials, concept testing for different segments and positioning possibilities could still be explored.The marketing strategy plan (4) lacked a clear go-to-market plan strategy, and given the competitor's advantage as a first mover with a large sales force, it is important to consider which channels to focus on and how to approach them. This is assuming that building a comparable sales force from the start is not possible. Appendix 1 includes the Value Proposition House [pic], while Appendix 2 details The New Product Development (NDP) Decision Process [pic]. It should be noted that while the safety insight is valid for all audiences, it may be more effective to use as a secondary product benefit for patients and partners, as they may view it as a negative functional claim. Additionally, the text contrasts invention with processed innovation.
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