SlideShare a Scribd company logo
1 of 13
New Product Development
Market Research
• Market Research For New OTC product
noted suspicion of an eating disorder
• OTC product for stomach problem like
digestion, gas, and constipation
• Competitors Analysis
• SWOT analysis
• Business Plan including Market targeting
• Market size estimate, break even analysis
• Entry To new market and finance structure
By: SANDEEP SHAMRA
The Product
• were 14 encounters for 7 people that
noted suspicion of an eating disorder
• OTC product : for stomach problem like
digestion, gas, and constipation
• Need
Extended reach of formulation
constipation during pregnancy.
constipation to baby age group 0-5, 5-10, 10-15 each
one has different requirements.
constipation for developing countries with less cost
product being focus.
constipation pain.
constipation causes. (special conditions) banana
constipation etc.
constipation immediate relief.
Gastric Ulser
Gastric Bypass surgery.
Gastric Bands
Digestive engymes.
Trend interest in Laxative Product
SWOT
Strength : interest of constipation related
product is far exceed others. Market of
untapped 3.2 billion dollars.
Weakness: Laxative product compete
with Obesity product.(its strength also:
two market segment with 1 product).
Need to reach customer directly.
Opportunities: 3.2 billion dollars
untapped. Also can sell in anti- obessity
product
SWOT
Threat: substitute products from FMCG
majors like fiber biscuits.
OTC sales have declined.
Potential to reduce healthcare cost for
general public as OTC are cheap as not
doctor visit fees. Many Government have
agenda to increase offtake of OTC product
in recession.
Reduce Doc fees in recession
2nd to best Selling OTC product
Marketing Strategy
Awareness Campaign long term harmful
effects of constipation.
Tie up with big firms like Pfizer with
extensive marketing network worldwide
USP Constipation+ gastric + digestion in
single product
Target people with sitting job Display
boards, TV advertisement in dance shows.
Sales Strategy
Directly ( tents and awareness camps)
Retail (display board at retail store)
Distributor Network ( Country , region and
district).
Sales head - OTC product create sales
team.
Website: (awareness constipation
website)
Revenue Sharing Partners
Pricing And Advertising
Premium price due to differentiation
(Constipation +digestion +gastric)
Advertising and Promotion
Place: TV, news, Railway station, Mall,
office canteen.
Time: office return time, office going
breakfast time
Website and internet marketing for
awareness.
Research and Development
constipation during pregnancy.
constipation to baby age.
constipation for developing countries with
less cost product being focus.
constipation pain.
constipation causes. (special conditions)
banana constipation etc.
constipation immediate relief.
Gastric Ulser
Gastric Bypass surgery.
Gastric Bands
More details visit:
http://sandyclassic.wordpress.com
http://businessstrategyview.wordpress.co
m/
http://productmanagementview.wordpres
s.com
http://theeconomicside.wordpress.com
http://businessintelligencetechnologytren
d.wordpress.com/

More Related Content

Viewers also liked

What is the otc market how to trade to make good profits
What is the otc market   how to trade to make good profitsWhat is the otc market   how to trade to make good profits
What is the otc market how to trade to make good profits
HuangLG88
 
Palmers Stretch Marks Activation Campaign 2012
Palmers Stretch Marks Activation Campaign 2012Palmers Stretch Marks Activation Campaign 2012
Palmers Stretch Marks Activation Campaign 2012
Abdelrhman Tantawy
 

Viewers also liked (14)

What is the otc market how to trade to make good profits
What is the otc market   how to trade to make good profitsWhat is the otc market   how to trade to make good profits
What is the otc market how to trade to make good profits
 
Palmers Stretch Marks Activation Campaign 2012
Palmers Stretch Marks Activation Campaign 2012Palmers Stretch Marks Activation Campaign 2012
Palmers Stretch Marks Activation Campaign 2012
 
A Survey report on otc products and its market status
A Survey report on otc products and its market statusA Survey report on otc products and its market status
A Survey report on otc products and its market status
 
Generic pharma 2.0- OTC Product Portfolio
Generic pharma 2.0- OTC Product PortfolioGeneric pharma 2.0- OTC Product Portfolio
Generic pharma 2.0- OTC Product Portfolio
 
Thị trường phi tập trung otc
Thị trường phi tập trung otcThị trường phi tập trung otc
Thị trường phi tập trung otc
 
Otc
OtcOtc
Otc
 
Pharmaceutical Product development technology
Pharmaceutical Product development technologyPharmaceutical Product development technology
Pharmaceutical Product development technology
 
salt selection in pharmaceutical product development
salt selection in pharmaceutical product developmentsalt selection in pharmaceutical product development
salt selection in pharmaceutical product development
 
How to do SWOT analysis for your business?
How to do SWOT analysis for your business?How to do SWOT analysis for your business?
How to do SWOT analysis for your business?
 
OTC Products
OTC ProductsOTC Products
OTC Products
 
Pharmaceutical preformulation and formulation
Pharmaceutical preformulation  and formulationPharmaceutical preformulation  and formulation
Pharmaceutical preformulation and formulation
 
Pharmaceutical Product Development
Pharmaceutical Product DevelopmentPharmaceutical Product Development
Pharmaceutical Product Development
 
Kế hoạch kinh doanh thực phẩm chức năng ( tpcn )
Kế hoạch kinh doanh thực phẩm chức năng ( tpcn )Kế hoạch kinh doanh thực phẩm chức năng ( tpcn )
Kế hoạch kinh doanh thực phẩm chức năng ( tpcn )
 
regulatory aspects of pharma
regulatory aspects of pharmaregulatory aspects of pharma
regulatory aspects of pharma
 

More from Sandeep Sharma IIMK Smart City,IoT,Bigdata,Cloud,BI,DW

More from Sandeep Sharma IIMK Smart City,IoT,Bigdata,Cloud,BI,DW (20)

Management Consultancy Saudi Telecom Digital Transformation Design Thinking
Management Consultancy Saudi Telecom Digital Transformation Design ThinkingManagement Consultancy Saudi Telecom Digital Transformation Design Thinking
Management Consultancy Saudi Telecom Digital Transformation Design Thinking
 
Major new initiatives
Major new initiativesMajor new initiatives
Major new initiatives
 
Digital transformation journey Consulting
Digital transformation journey ConsultingDigital transformation journey Consulting
Digital transformation journey Consulting
 
Agile Jira Reporting
Agile Jira Reporting Agile Jira Reporting
Agile Jira Reporting
 
Lnt and bbby Retail Houseare industry Case assignment sandeep sharma
Lnt and bbby Retail Houseare industry Case assignment  sandeep sharmaLnt and bbby Retail Houseare industry Case assignment  sandeep sharma
Lnt and bbby Retail Houseare industry Case assignment sandeep sharma
 
Risk management Consulting For Municipality
Risk management Consulting For MunicipalityRisk management Consulting For Municipality
Risk management Consulting For Municipality
 
GDPR And Privacy By design Consultancy
GDPR And Privacy By design ConsultancyGDPR And Privacy By design Consultancy
GDPR And Privacy By design Consultancy
 
Real implementation Blockchain Best Use Cases Examples
Real implementation Blockchain Best Use Cases ExamplesReal implementation Blockchain Best Use Cases Examples
Real implementation Blockchain Best Use Cases Examples
 
Ffd 05 2012
Ffd 05 2012Ffd 05 2012
Ffd 05 2012
 
Biztalk architecture for Configured SMS service
Biztalk architecture for Configured SMS serviceBiztalk architecture for Configured SMS service
Biztalk architecture for Configured SMS service
 
Data modelling interview question
Data modelling interview questionData modelling interview question
Data modelling interview question
 
Pmo best practices
Pmo best practicesPmo best practices
Pmo best practices
 
Agile project management
Agile project managementAgile project management
Agile project management
 
Enroll hostel Business Model
Enroll hostel Business ModelEnroll hostel Business Model
Enroll hostel Business Model
 
Cloud manager client provisioning guideline draft 1.0
Cloud manager client provisioning guideline draft 1.0Cloud manager client provisioning guideline draft 1.0
Cloud manager client provisioning guideline draft 1.0
 
Bpm digital transformation
Bpm digital transformationBpm digital transformation
Bpm digital transformation
 
Digital transformation explained
Digital transformation explainedDigital transformation explained
Digital transformation explained
 
Government Digital transformation trend draft 1.0
Government Digital transformation trend draft 1.0Government Digital transformation trend draft 1.0
Government Digital transformation trend draft 1.0
 
Enterprise architecture maturity rating draft 1.0
Enterprise architecture maturity rating draft 1.0Enterprise architecture maturity rating draft 1.0
Enterprise architecture maturity rating draft 1.0
 
Organisation Structure For digital Transformation Team
Organisation Structure For digital Transformation TeamOrganisation Structure For digital Transformation Team
Organisation Structure For digital Transformation Team
 

Recently uploaded

Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
Nauman Safdar
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
vineshkumarsajnani12
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
allensay1
 

Recently uploaded (20)

Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service AvailableNashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
Nashik Call Girl Just Call 7091819311 Top Class Call Girl Service Available
 
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Mckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for ViewingMckinsey foundation level Handbook for Viewing
Mckinsey foundation level Handbook for Viewing
 
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All TimeCall 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
 
New 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateNew 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck Template
 
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTSJAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Kalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book nowKalyan Call Girl 98350*37198 Call Girls in Escort service book now
Kalyan Call Girl 98350*37198 Call Girls in Escort service book now
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptx
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 

New pharma product development case study

  • 1. New Product Development Market Research • Market Research For New OTC product noted suspicion of an eating disorder • OTC product for stomach problem like digestion, gas, and constipation • Competitors Analysis • SWOT analysis • Business Plan including Market targeting • Market size estimate, break even analysis • Entry To new market and finance structure By: SANDEEP SHAMRA
  • 2. The Product • were 14 encounters for 7 people that noted suspicion of an eating disorder • OTC product : for stomach problem like digestion, gas, and constipation • Need
  • 3. Extended reach of formulation constipation during pregnancy. constipation to baby age group 0-5, 5-10, 10-15 each one has different requirements. constipation for developing countries with less cost product being focus. constipation pain. constipation causes. (special conditions) banana constipation etc. constipation immediate relief. Gastric Ulser Gastric Bypass surgery. Gastric Bands Digestive engymes.
  • 4. Trend interest in Laxative Product
  • 5. SWOT Strength : interest of constipation related product is far exceed others. Market of untapped 3.2 billion dollars. Weakness: Laxative product compete with Obesity product.(its strength also: two market segment with 1 product). Need to reach customer directly. Opportunities: 3.2 billion dollars untapped. Also can sell in anti- obessity product
  • 6. SWOT Threat: substitute products from FMCG majors like fiber biscuits. OTC sales have declined. Potential to reduce healthcare cost for general public as OTC are cheap as not doctor visit fees. Many Government have agenda to increase offtake of OTC product in recession.
  • 7. Reduce Doc fees in recession
  • 8. 2nd to best Selling OTC product
  • 9. Marketing Strategy Awareness Campaign long term harmful effects of constipation. Tie up with big firms like Pfizer with extensive marketing network worldwide USP Constipation+ gastric + digestion in single product Target people with sitting job Display boards, TV advertisement in dance shows.
  • 10. Sales Strategy Directly ( tents and awareness camps) Retail (display board at retail store) Distributor Network ( Country , region and district). Sales head - OTC product create sales team. Website: (awareness constipation website) Revenue Sharing Partners
  • 11. Pricing And Advertising Premium price due to differentiation (Constipation +digestion +gastric) Advertising and Promotion Place: TV, news, Railway station, Mall, office canteen. Time: office return time, office going breakfast time Website and internet marketing for awareness.
  • 12. Research and Development constipation during pregnancy. constipation to baby age. constipation for developing countries with less cost product being focus. constipation pain. constipation causes. (special conditions) banana constipation etc. constipation immediate relief. Gastric Ulser Gastric Bypass surgery. Gastric Bands