Mass distribution (also known as intensive distribution):our product is destined for a
mass market, we are seeking out intermediaries that appeal to a broad market base. A variety of outlets including supermarkets and pharmaceutical stores will be used. The choice of distribution outlet is skewed towards those than can deliver mass markets in a cost efficient manner.We have not yet met up with the managers but we will once we put out work in order. SELL THROUGH A VAR (VALUE-ADDED RESELLER),to create a good distribution program, we will focus on the needs of our end-users,If users need personalized service, we will utilize a local dealer network or re-seller program to provide that service.If customers prefer to buy online, will create create an e-commerce website and fulfillment system and sell direct.We will also sell to other online retailers or distributors that can offer our product on their own sites.We will build our own specialized sales team to prospect and close deals directly with customers.
Advertising
We will be using personal selling at the beginning so as to educate people and
reassure them about our products quality and give them a guarantee. As someone who is in constant contact with the customers, markets and competitor activities, a salesperson in Pharmaceutical Industry is in the best position to effectively incorporate the marketing orientation in our sales function.We will advertise our product on the internet and on television,as we believe people believe what they see happening.A short play will be played on commercial breaks promoting/encouraging people to purchase the product.With highly targeted ads using the internet, we could be paying over $5(US) a CPM” (cost per thousand impressions).Promotional budget for each forecasted year will be based on the projected annual sales we calculate 5% of the annual sales and make it our promotional budget.The unit sales and dollar sales that will be generated by our promotions will only be known after we make a few sales and see how successful the promotions have been.