Drug company launching new dietary supplement

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Reference no: EM131351408

Create a marketing strategy (3 to 4 pages) for a drug company launching a new dietary supplement.

Address the following in your marketing strategy:

Section 1: General Product Information

  • Describe the dietary supplement
  • Describe how you will market your dietary supplement
    • Describe how the marketing plan will differ from other marketing plans currently available to consumers.
  • Describe the value of the services offered by your product.

Section 2: Consumers

  • Differentiate health care access options for consumers.
    • Differentiate the health care access options that are available to your target audience.
    • Analyze how the health care access options will affect how you market to your target audience.
    • Analyze how consumers communicate health care access options.
    • Analyze the implications of communication methods used when sharing health information.  Consider communication from physicians, pharmacies, and consumers when information is shared. 

Section 3: Impact of Outside Agencies

  • Analyze the impact government agencies have on products and services that are available to the health care consumer.

Section 4: Impact of Regulations

  • Analyze the effect of health care reform on the health care consumer products and services.
    • Analyze how health care reform will affect your target audience.
    • Analyze how health care reform will affect how you market to your target audience.

Section 5: Anticipating the Changing Market

  • Explain how consumer's options for health care are changing.
    • Explain how you will ensure the health care company or product is relevant to the consumer.

Section 6: Importance of Market Strategy

  • Explain why all of these factors are important for your marketing strategy.

Format assignment consistent with APA guidelines.

Verified Expert

This work is based on a health care company Vyaire Medical. In this task, a marketing strategy has been presented for the health care company. The task privides a brief background of the health care company, and further it presents discussion about consumers, impact of government regulation, impact of regulation and discussion of the changing market. The task has been done in 1000 words using APA referencing...!!

Reference no: EM131351408

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