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Research Papers
How potent is my potion?: Intuitive judgments in consumer decision making for OTC products
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Creating change in today’s marketplace is a challenge in any category, with rising clutter levels and tuned-out consumers. Marketers across categories have been grappling, for quite some time now, with ‘autopilot’ brand choices, habit-driven consumers and the difficulty of changing entrenched behavioural patterns. In healthcare categories, especially in the area of self-medication, the challenge of influencing decisions is a particularly difficult one.
The ability to create real change requires a far better understanding of consumer self-medication choices than is currently available. In recent years, we have done a considerable amount of work in understanding consumer decision making processes and identifying triggers for change. We believe there are valuable learnings here for the healthcare industry in terms of the tools that have proven useful in deconstructing decisions, as well as insights on how consumers make judgments about self-medication options.
This paper presents a methodological framework that has been effective in understanding choices in OTC products. The framework, based on new thinking in neuroscience and cognitive psychology about how people make choices, draws from cognitive interviewing and narrative building approaches, and also from the notion of intuitive logic. We draw from our work in a range of self-medication categories (fever, cold, pain and acidity) to illustrate the usefulness of this framework.
The ability to create real change requires a far better understanding of consumer self-medication choices than is currently available. In recent years, we have done a considerable amount of work in understanding consumer decision making processes and identifying triggers for change. We believe there are valuable learnings here for the healthcare industry in terms of the tools that have proven useful in deconstructing decisions, as well as insights on how consumers make judgments about self-medication options.
This paper presents a methodological framework that has been effective in understanding choices in OTC products. The framework, based on new thinking in neuroscience and cognitive psychology about how people make choices, draws from cognitive interviewing and narrative building approaches, and also from the notion of intuitive logic. We draw from our work in a range of self-medication categories (fever, cold, pain and acidity) to illustrate the usefulness of this framework.
Author(s): Anjali Puri, Sumeet Saluja
Date of publication: 06.02.2008
ISBN: 92-831-0216-9
Order Code: S326_01
Number of pages: 15
Themes: Healthcare / Pharmaceutical
Conference collection: Global Healthcare 2008
All papers from Global Healthcare 2008 :
- Do I want to be beautiful?: Consumer decision making for cosmetic surgery
- How potent is my potion?: Intuitive judgments in consumer decision making for OTC products
- What do you do when everything is OTC?: Understanding consumer choice in the Arabian Gulf
- Determining the market for a new vaccine: The use of “last patient analysis''
- Contrasting two cultures: Consumer choice differences between Japan and Australia
- Who’s eaten my porridge?: Discovering brand image differences
- Brand iconography: The power of images in the consumer’s mind
- Fast moving consumer and OTC products: Zoom on marketing effectiveness
- A matter of belief: How RTBs can make a difference in efficient healthcare branding
- Effective communication through market research: Case study on colorectal cancer
- Consumers going online: The demand of online patient communication
- The power of communication: Consumer dialogue for OTC products
- The 65+ Consumer: Addressing specific needs enhancing communication
- The healthcare journey: Understanding clinical experiences from the patient and caregiver perspectives
| Purchase the complete collection with all papers from Global Healthcare 2008 - Consumer Choice for only | ||
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