Avant Healthcare Marketing Launches Avant Perspectives Best Practices Series.Examines Critical Steps for Success in Strategic Marketing Throughout a Product's Life Cycle CARMEL, Ind. -- Avant Healthcare Marketing announced today it has launched Avant Perspectives, a bimonthly bi·month·ly adj. 1. Happening every two months. 2. Happening twice a month; semimonthly. adv. 1. Once every two months. 2. Twice a month; semimonthly. n. pl. , pharmaceutical product marketing best practices series for new and experienced brand managers. Utilizing more than 10 years of data aggregated over the life cycles of numerous products, Avant Perspectives offers insight into effective strategies in education and promotion, guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. for evaluating strategic partners, tips on matching tactics to a product's life cycle stage, and more. The premier issue, "Successful Life Cycle Management," explores effective strategies in education and promotion during each of the four product life cycle stages: Introduction, Growth, Maturity, and Decline. It graphically presents stage-specific tactics that product managers may employ, including thought leader identification; market research focus groups; promotional speaker selection, validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. , and training; as well as designing and managing promotional series programs with field collaboration. "Because of the demands placed on marketers, many healthcare marketing entities focus on only one stage of a product's life cycle," said Tammy Prouty, Vice President, Avant Healthcare Marketing. "The 'Successful Life Cycle Management' issue provides a strategic view of the entire product life cycle, something we believe the industry will find innovative and creative as it strives to maximize long-term goals Long-term goals Financial goals expected to be accomplished in five years or longer. for a product." While educational tactics may be the same from one life cycle stage to another, the objectives and outcomes differ. For example, during the introduction stage, which is comprised of prelaunch pre·launch adj. Preparatory or preliminary to launch, especially of a spacecraft or missile. and launch, heightening height·en v. height·ened, height·en·ing, height·ens v.tr. 1. To raise or increase the quantity or degree of; intensify. 2. To make high or higher; raise. v.intr. disease state awareness, identifying unmet un·met adj. Not satisfied or fulfilled: unmet demands. educational goals, and connecting with experts is the priority. Broadening the target audience and building brand preference becomes more important during the growth stage. When a product reaches maturity, the focus shifts to product differentiation Product Differentiation A source of competitive advantage that depends on producing some item that is regarded to have unique and valuable characteristics. , and at the end of a product's patent life, the goals become maintaining brand value and educating healthcare providers about expanded indications. Future issues of Avant Perspectives will focus on topics of interest to pharmaceutical brand managers, presenting useful information and expanding their professional "tool kit." The next issue will explore a checklist of seven critical questions to ask strategic partners. To obtain a copy of Avant Perspectives please visit http://www.avanthealthcaremarketing.com. About Deborah Wood Associates Healthcare Communications Group and Avant Healthcare Marketing Deborah Wood Associates Healthcare Communications Group is a full-service healthcare communication company founded in 1994 and based outside Indianapolis in Carmel, Indiana Carmel (IPA: [ˈkɑɹ.ml̩]) is a city in Hamilton County, Indiana, United States. The population was 37,733 at the 2000 census but has been growing very rapidly. . Avant Healthcare Marketing, the medical marketing division, serves more than 25 clients and executes hundreds of programs and activities every year in a variety of formats. |
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