Marketing Concept And Segmentation In Practice.

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University Of Wollongong

(Marketing Management)

TBS 904

Assignment About:

[ Marketing Concept And Segmentation In Practice]

Made By: Ghada Ibrahim Al Nakhala

ID NO. 2532359

Introduction

The success of business in small and large organizations is based on the ability to build a growing body of satisfied customers.

Enterpreneurs must focus their efforts on indentifying, satisfying and follow up on the customers needs.

Marketing emphasize what the customer wants.

* Marketing as a definition

1. Indentify the wants and needs of the customers and coordinaretly create products to satisfy these needs  profitably and efficiently.

2. The process of planning and executing the conception, pricing, promotion, place (distribution), ideas, goals and services to create exchanges that satisfy objectives.

Through this assignment I will examine the implications of different marketing concept elements in one of the fast growing national drug companies in UAE that is J.D.S [ Julphur Drug Stores].

- Executive Summary:

J.D.S - Or Julphur drug store - is a fast growing national drug company which has a lot of activities in UAE Market, mainly manufacturing and selling different types of drugs in national and internation market.

A study on the J.D.S Marketing Practice was done through this assigment on one of the J.D.S strategic products that is Julmentine.

J.D.S has made a great effort in collecting information about competitors by dealing with a reasearch company and other ways mentioned through this study also J.D.S identify the unsatisfied needs in the market and try to match them with the specific characteristics of Julmentine dosage forms.

J.D.S gets feedback from the market about Julmentine from different types of customers and respond to them as fast as possible.

Market segmentation was done according to geographical segmentation and further segmentation is done in each target segment according to different variables.

Each target Market has its own specific marketing mix of different dosage forms from Jumentive, different promotion intensity, different quantities from the product and suitable prices in each target market.

Positioning of Julmetive in UAE Market was done very well through its unique Tablet pack and suspension flavor.

Still there is a need to give more efforts in the services offered from J.D.S to its customers buying J.D.S products in UAE market, so that J.D.S may become a star company in the drug market in UAE.

Table Of Contents

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Julphur is a promising drug company in U.A.E market which competes through it products, other national and international drug companies products in its quality and price.

Julemntive is one of the J.D.S stratgic products manufactured by J.D.S factories and coming in three dosage forms :-

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(1) In general there are two types of competition between drug companies.

        [a] Product Competition

        The competition that occurs between subtituted products

For Julmentine competitors from this kind are th products produced by other drug companies and have the same active ingredient of that of Julmentine.

        [b] Category Competition

        Which occurs between different products but targets the same people

In this case the competitors of Julmentine are in general all types of anti-biotics available in the market from different companies which can cure all infections treated and cared by Julmentine.

The next table presents all product competitors of Julmentine in the Market Of UAE.

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J.D.S deals with [M.I.S]: Medical Information Index

Which is an international copmany all other drug companies in UAE and in the world are purchasing information from.

M.I.S - Gives J.D.S a clear information about:

(1) The sales of different products of each drug company in UAE and in the world in both value and units.

(2) The market share of each product of each company in UAE & Global Market.

(3) The Rank of companies in the world according to their sales.

(4) The Rank of the products of top sales in UAE Market and Global Market.

*According to Market share in UAE the rank was as follows:

1. Augmentine    4. Curam

2. Klavox              5. Amodeus

3. Julmentine       6. Enhancin

- Augmentine -> is the oldest brand competitor of Julmentine. Some doctors still prefer to prescribe an International company product than a national one, especially in invenestment - private hospitals.

-Klavox is a generic competitor of Julmentine.

They have a higher market share than that of  Julmentine because they give the pharmacies (general customers) a higher bonus than other competitors may reach up to 70% (100+70) for some items.

They have a limited number of products to work on than in the market.

Klavox is a strategic product for Spimaco, which has only four products in the market.

Spimaco also achieved this high market share of Klavox by positioning Klavox as it contains the same raw material of that of Augmentine, but with damaged box and less price.

- Julmentine keeps its bonus low, nearly similar to that of Augmentine (brand competitor) so that they can achieve their target profit from this product.

        This target of sales of germantin last year was $3 million. J.D.S achieved 103% of the sales target last year. J.D.S also gather information of big competitors from other pharmacies, doctors, other companies, medical and sales representives in the market dealing with J.D.S team.

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J.D.S will know from them the different activies of competitors such as educating lectures, sales offers in hotels, presents to doctors and pharmacies etc.

        (1) J.D.S has a marketing coordinator, his job is to give sales reports in each month and sometimes in each week, for each product in J.D.S. Both unit and money wise and its percentage from the total target of each year. These reports are sent to the medical representitives and to the supervisors in the company.

        (2) He will give a report on the number of doctors each medical representitive (medical rep.) is visiting ...

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