Marketing Strategy for Medical Device
The important factor of success of the plan is to know a company will compete with its competitor and how it can position itself to get a sustainable advantages.
This process consists of three main phases :
- The planning phase
- Implementation Phase
- Control Phase
The planning phase of the strategic Marketing consists of market research, situation analysis, goal setting and development of marketing plan.
* Situation Analysis
The Indonesian healthcare market is worth $ 29 billion in 2014. Indonesia has almost 10,000 primary care centers and over 2,200 hospitals.The universal healthcare scheme aims to provide better standards, regulations , access and cost effectiveness more than 1,700 hospitals have signed up to participate in the scheme.
Indonesia introduced a universal health care system (UHC) in 2014 administered by The National Social Security Agency (BPJS).
The government continues to encourage private sector involvement in developing hospital.
Indonesia implementing BPJS with the goal universe coverage of the county population of 250 million
* SWOT Analysis
STRENGTHS - WEAKNESSES – OPPORTUNITIES – THREAT
ABCDE Corp
Marketing Manager must first monitor and analyze the opportunities and threats caused by factor outside the company.
STRENGTHS :
a.generally high growth rates of all medical devices in Indonesia
b.quality products, get ISO
c.large potential market
WEAKNESSES :
a.identification of qualified distribution
b.competitor is well established and hard trained
c.Lack of doctor
OPPORTUNITIES :
a.growing medical market
b.90 % of tender content imported product
c.market access by addressing doctor key
d. BPJS channel
e. established " Center of excellent"
THREATS :
a.Lack of key opinion leader
b.Dependence on distribution
c.Regulatory obstacles
* Segmentation , Targeting and Positioning
Segmentation& Targeting :
Marketing Manager knows his sales people and the sales people know their customer in detail.
- Serving "NICHE Segment" : are considering entering The medium to low – end product segment
- Targeting : focus only several cities who can accept product
- Positioning : easy to use for doctor, nurse and patient
A Marketing plan consists of its situation analysis objectives and marketing strategy
Marketing Mix :
- Products
a.Infusion therapy :
b.Respiratory Management :
c.Urological draimage :
2.Price
Price includes list prices, discount, allowance , payment period & credit term
3.Promotion
Promotion is a communication tool that deliver . you can aggressive promote to doctor and nurse
4.Place
you must coordinate and corporate with distributor periodic
Distribution is away to make the offering available to the target market. It include distribution channel, location, inventory and transportation.
2.Implementation Phase
When the strategy and tactical plans are defined, it is time to take a decision based on all information.
My advice :
- Be locally present
you should come and visit on regular basis their clients. Offering manual and training material in Bahasa Indonesia is another advisable service to consider.
Indonesia is a people based culture. which is personal contact to establish trust is even more important for successful business
- Joint with BPJS product for several product
You plan to entrance mechanism of BPJS catalog or e proct. you offering the product to LPSE or LKPP for use in BPJS members, not only government hospital but private hospitals.
- Offering product to Big Hospital groups
One of strategy are directly approach to "hospitals stadarization" group like : Siloam group, Mitra group, Pondok Indah hospital, Hermina group , Sari Asih, and premier group.
- Approach to Doctors or Hospital organization
For this purpose, it can be useful to contact the umbrella organization for the respective medical field like : IDI (Ikatan Dokter Indonesia), HISFARSI (Himpunan Senat Farmasi Indonesia), PERSI (Perhimpunan Rumah sakit Indonesia) etc
- Logistic and Distribution services
The distributor should be a trusted and professional, the criteria of a qualified distributor might soon become loss credible due to a lack of attention to details and handling work professionally.
- Win offer the doctor
For market aspect is important to notice doctors ate key for the market entry strategy. The purchase decision for medical devices depend on the sectors doctors, personal preferences with the product making it important to show presence within the market to make decision of the products.
- Start in Urban Areas
A challenge for the nation wide medical devices will dealing with Indonesia’s local institution like Dinkes Kota or Kabupaten, Dinkes Propinsi and hospital of government.
- Good Sales and After Services
- High precision branding
3.Control Phase
Every good marketing plan must include a control mechanism tracing and reviewing whether the plan its goal.
If the goals are not reached, the marketing manager must correct and adjust the plan
- The Marketing score card
- The Financial score card
Donni Noviandi Rafdi
Dosen Marketing in Bina Sarana Informatika Cipulir
NIDN : 0325117404
Darell A Donovan
Rakha A Donovan
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