| Digg It |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Marketing > Packaging By The Numbers - Demographic Challenges |
|
Digg It - Packaging By The Numbers - Demographic Challenges
One of the most frequent questions I am asked about packaging is what's hot in packaging? Interestingly, the answer is not what you might think. What is hot in packaging now is determined by who is buy According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product ing and where? Never before has there been so much focus on the consumer. Historically, the popular notion was that the consumers know nothing about packaging. That being said it was believed that ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in
the customer could not know what they want or understand it.
Have you ever heard the phrase “designers design packaging?” Yes, in a limited sense it is true. But, what if your designer knows design lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. but does not understand for whom they are designing? Unfortunately as much as we would like to believe it: Great package design doesn't equal increased sales. In fact, in a recent study I conducted it here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe as proven that designers care much more about design elements such as shape than the general populace. That is unless the shape relates to the product’s functionality. Now the package design focus has d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro finally has begun to change to
one based on consumer awareness. This factor should be driving
all product-packaging decisions. I have seen some very
interesting packaging campaigns that, on the s ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc urface, seem well
thought out and logical. However, the reality is that they simply don't understand their consumer or their target demographics. Let me give you an example. This past holiday season easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi we were
inundated with products packaged in pink. The companies fully
expected to capture the women's market in record numbers. The
truth is that the color pink only works in few appropriate
pr nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically duct applications and is not the answer to capturing her
attention to pick up your product off the shelf. Where did this myth originate? If it’s pink, she will buy it. This suggests that marketers and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ simply don't understand their target audience. They work off the unfortunate misconception that pink translates to female-friendly or that a product has to appear infeminine colors before it will appea ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi to her. Here is a second example. Companies that market products to the 50+ generation that insist on identifying their products as ones designed for older, aging, mature or senior consumers. This ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a is another great misconception. That generation simply cannot identify with that nomenclature. That is not how they think of themselves. In fact, using the terms older, mature, and elderly alienates ra dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod her than "connect" with this consumer. The average 50+ consumer thinks of themselves as 20 years younger than they are. So how can you begin to capture these elusive and fast moving consumer demogra cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin hics? First, forget stereotypes. Look at contemporary consumers. Get a sense of what motivates them in their purchasing decision. Keep your connotations about age and gender appropriate but don't type tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ast your consumer. Second compel them to pick up your product though product packaging. Fulfill a need, offer an innovative feature, suggest convenience and ease of use, or tout other package attr t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel butes
that appeal today's shopper. Remember, time is our most critical issue so think simple, easy, quick, and convenient. Third, understand how and where they shop. What's driving today's purchasin ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust g decisions? What retail outlets are growing and what centers are in their demise? Where can someone shop and get virtually every thing the need and in a hurry? Finally, know what the consumer expects y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products out of products. How
fresh is it? How and where can it be stored? How soon does it
need to be consumed or used? How user friendly is it? How much
will I have to read to make this product work? A . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de swering these questions should get you started thinking from a consumers perspective. Keep in mind the importance of who makes the purchasing decision too. If it’s her (women are the purchasing decisio elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip maker 80% of the time) then appeal to her wants and desires in your packaging. Keep in mind that great design works when coupled with answering the question: How will this product make my life easier tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Six Sigma Document Control Issues Ways To Get The Salary You Want Trade Show Success Happens When You Plan Ahead
|