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Research Papers
A matter of belief: How RTBs can make a difference in efficient healthcare branding
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Differentiating own product from competitors is a classic demand for marketing. In the past, healthcare marketing had the privilege of being able to build on sound functional differentiations between products based on unique modes of action and benefits. Over the past years, this privilege has been undermined by the rise of generics and the increasing pressure of budget constraints in the public healthcare sectors.
Facing the challenge of generics, healthcare marketing reacts quite similar as FMCG marketing does since being challenged by private labels: Marketing relies more and more on branding.
Due to the initial threat of having lost the advantage of sound functional differentiations, such branding often heavily relies on the emotional factor. In-depth insight research is commissioned by healthcare marketing teams to help reveal deeper emotional aspects and identify those which are most promising to make their brand attractive to the target group. So, in the context of today’s widespread emotional branding activities, the research effort is focused on insights and benefits – the RTB often falls behind.
The aim of this paper is to help to understand how to make an RTB for today’s healthcare products strong and differentiating and how research can help here.
Facing the challenge of generics, healthcare marketing reacts quite similar as FMCG marketing does since being challenged by private labels: Marketing relies more and more on branding.
Due to the initial threat of having lost the advantage of sound functional differentiations, such branding often heavily relies on the emotional factor. In-depth insight research is commissioned by healthcare marketing teams to help reveal deeper emotional aspects and identify those which are most promising to make their brand attractive to the target group. So, in the context of today’s widespread emotional branding activities, the research effort is focused on insights and benefits – the RTB often falls behind.
The aim of this paper is to help to understand how to make an RTB for today’s healthcare products strong and differentiating and how research can help here.
Author(s): Sigrid Schmid, Patricia Blau
Date of publication: 06.02.2008
ISBN: 92-831-0216-9
Order Code: S326_09
Number of pages: 10
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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