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Abstract

This case is about Pfizer''s launch of its popular drug, Viagra, in India. Viagra was first launched in the US in 1998, with an extensive public relations campaign. Pfizer''s promotional efforts also included celebrity endorsements and direct-to-customer (DTC) advertisements. Though Viagra was a huge success for Pfizer initially, after seven years since its launch, the world-wide sales of Viagra had become stagnant. Pfizer introduced Viagra in India with a view to improve the sales of the drug. The market dynamics in India were very different from that of the US. Viagra had to face competition from other low priced generic versions of the drug. Moreover, brand specific DTC advertisements were not allowed in India. The case discusses Pfizer''s marketing strategy when it launched Viagra in India. The case is structured to enable students to: (1) understand the critical success factors for a pharmaceutical company to make a successful entry in a new therapeutic segment; (2) understand the issues and constraints faced by a pharmaceutical company in launching a globally successful brand in a new market; and (3) understand the challenges faced by a company when launching its product in a price competitive environment. This case is intended for MBA/MS students as part of the marketing management/product development/brand management curriculum.
Location:
Size:
Very large
Other setting(s):
1998-2006

About

Abstract

This case is about Pfizer''s launch of its popular drug, Viagra, in India. Viagra was first launched in the US in 1998, with an extensive public relations campaign. Pfizer''s promotional efforts also included celebrity endorsements and direct-to-customer (DTC) advertisements. Though Viagra was a huge success for Pfizer initially, after seven years since its launch, the world-wide sales of Viagra had become stagnant. Pfizer introduced Viagra in India with a view to improve the sales of the drug. The market dynamics in India were very different from that of the US. Viagra had to face competition from other low priced generic versions of the drug. Moreover, brand specific DTC advertisements were not allowed in India. The case discusses Pfizer''s marketing strategy when it launched Viagra in India. The case is structured to enable students to: (1) understand the critical success factors for a pharmaceutical company to make a successful entry in a new therapeutic segment; (2) understand the issues and constraints faced by a pharmaceutical company in launching a globally successful brand in a new market; and (3) understand the challenges faced by a company when launching its product in a price competitive environment. This case is intended for MBA/MS students as part of the marketing management/product development/brand management curriculum.

Settings

Location:
Size:
Very large
Other setting(s):
1998-2006

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