nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
target="_blank">The Sun , September 29th 2005.
Ms Moss, however, made a comeback and it only took a matter of months.
“LONDON - Virgin Mobile is lining up supermodel Kate Moss to be the face of its brand next year. The mobile operator is in talks with Moss' representatives abou
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
cle/528983/virgin-mobile-set-sign-kate-moss-campaign" target="_blank">Brand Republic , November 22nd 2005.
Moss has regained certain contracts and is now with; Virgin Mobile, Rimmel, Belstaff, Louis Vuitton, Beymen, Dior, David Yurman, Roberto Cavalli, Longchamp, Stella McCartney, Bulgari
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Nikon, Burberry, Versace, and Calvin Klein.
Now that’s not to be sniffed at.
I hope…
…that you’re not hunched over a mirror clutching a rolled-up ?5 note. I may be in favour of converse thinking, but I do not endorse the use of drugs. It’s unlikely to get you a contract with Louise Vuitton – even if you are
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
wearing nice shoes.
I have looked at how a tabloid branded antisocial act has resulted in an enhanced image. Moss. She became marketing gold dust and is now aimed at the lucrative, 16 to 34 year-old demographic; you know – those lucky people with disposable incomes.
Other brands have taken the market by force
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
f creative discourse; inverting what is considered normal. ?koda, for example, re-launched their brand image entirely. They were not (rightly or wrongly) previously associated with quality; they were cheap not-to-be-seen-in cars. However, their marketing changed all that. Their product had improved vastly and cu
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
tomers could be sure of getting a quality car, “it rides better than my BMWs, it is thoroughly reliable, enormously economical and, after a trouble free 34 thousand miles, as good as the day I bought it” (skoda.co.uk).
But the image was not right. The advertising campaign reflected this with humorous sequences
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
where people would admire the car until they realised it was a ?koda.
Not that I’m saying Kate Moss is like a ?koda.
Apple Macintosh should not really be compared to Kate Moss either (unless, of course, we’re talking aesthetics), but their brand is also unusual. Their slogan “Think Different” is instructive. I
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
believe that is exactly what one should do.
How to think different:
1. Product
2. Audience/market
3. Competition
4. Advertising
How is your product different from others? If it’s not, how can you place it in a marketable niche so that it appears different, better and more desirable?
To whom do you speak?
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
hat are your audience used to? Can you expose them to a different way of thinking? Can you make them sit up and take notice? If you’re not already doing that then you are failing quite fundamentally.
Who is the competition? What are they doing? DON’T COPY THEM! By all means out-do them. Be funnier, scarier, mor
.
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
e up-to-date, but don’t be part of the herd – you have to lead it.
Is your advertising sitting in a queue, looking like everyone else’s tired old copy? Or is it in your face, or hilarious, or totally original?
We all have the same tools to work with, it up to you how you use them. I believe that it is best to
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
e a little different if you can be. You can only win.
To Conclude
Develop a brand. If you are unusual – great – use it to sell. If not, attempt to get yourself noticed. You can only do that if you stand out, use your idiosyncrasies to lead the market.
So, as Kate moss might say, that’s a wrap
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products