Professional Documents
Culture Documents
Group 11:
Manthan Panchal -M014
Shraddha Upasani -M022
Devanshi Chudasama -M026
R.Suramya Nagalakshmi -M046
Table of Contents
ACCU-CHEK GLUCOMETER
About Roche
Introduction
Benefits
PEST Analysis
SWOT Analysis
STP- Segmentation, Targeting and Positioning
4P’s Analysis: Product, Price, Place and Promotion
Key Takeaways and Way Forward
About Roche
Strategy- focus on finding new medicines and diagnostics and establishing
data-based insights
1. Accurate: 3. Safe:
Accurate blood glucose measurement Underdose detection
visual double check
10 seconds re-dose option
2. Easy:
No coding for even easier blood glucose 4. Clever:
monitoring Pre and post-meal markers
easy-to-read display (new typeface) postprandial reminder
intuitive handling with just 2 buttons 7,14,30 or now 90 day test averages
USB interface for data transfer
PEST Analysis of the market influences
P E
SOCIAL FACTORS
S T TECHNOLOGICAL FACTORS
New Invention And
Health Awareness: Neutral Development: Positive
Entrepreneurial Spirit: Changes In Information
Positive Technology: Positive
Lifestyle Changes: Positive Government Research
Spending: Positive
Technology trends: Positive
In conclusion, the Pest Analysis of Accu-Chek glucometer reveals
several significant factors impacting its market dynamics.
WEAKNESSES
SWOT THREATS
Competitors- For example Bionime,
High dependence on few key OneTouch
products Substitute- non invasive devices which
not compatible with third party use CGM eg. Freestyle Libre
digital platforms for data review Impact of Covid-19- scarcity of product
resulting in surge of prices
Introduction to STP
2
Diabetes Patients:
Targeting individuals diagnosed with diabetes ensures the product is
reaching those who truly need it for their health management.
3 Wellness-Conscious People:
The glucometer can also appeal to Wellness-conscious individuals who
proactively monitor their glucose levels as a preventive measure.
Positioning Accu Chek
Glucometer in the Market
1. Innovation:
Focusing on the glucometer's advanced technology and features, showcasing it as an
innovative and cutting-edge device. With AI the device will gauge the voice command and
reflect the desired output.
2.Accessibilty:
Emphasizing the ease of use and accessibility of the device, making it suitable for a wide
range of users, including elderly and tech-savvy individuals.
3.Reliability:
Positioning the Accu-Chek glucometer as a reliable, accurate, and user-friendly device for
precise glucose monitoring.
Conclusion and Key Takeaways
By following the STP approach, businesses Understanding customer segments and An effective STP strategy can provide a
can develop targeted marketing strategies positioning products accordingly leads to sustainable competitive advantage by
that efficiently reach and resonate with their improved customer satisfaction and catering to specific customer needs more
intended audience. loyalty. effectively than competitors.
What are the 4 P's?
1.Product 2.Price
3.Place 4.Promotion
Highlights the device's availability and distribution Explores the marketing strategies and campaigns
channels, ensuring it is accessible to customers used to promote the Accu-Chek glucometer, creating
worldwide. awareness and driving sales.
About The Product:-
The Accu-Chek glucometer Its compact and portable Equipped with advanced
provides precise and reliable design makes it convenient technology, the device
blood glucose for carrying, allowing on- offers user-friendly features
measurements, ensuring the-go monitoring without and seamless integration
accurate results for effective any hassle. with other diabetes
diabetes management. management tools.
The Product Variants:-
Educational Initiatives
Launching conferences for raising
awareness about importance of
regular blood glucose monitoring to https://www.youtube.com/watch?v=hEYLscAMrrU
empower individuals to
In store promotions
The brand implements promotional activities within pharmacies and medical supply
stores such as providing discounts and bundled packages
Key takeaways and Way Forward
1 Continuous monitoring of customer feedback increasing market
shares.