Sales Growth in Mature Products and New Launches
Spanish pharmaceutical group leader at national and international level.
CHALLENGE:
Renewal of sales of mature products -both for patent expiration and obsolescence by new formulas- that, while had important falls in sales, still posed a significant revenue for the company.
PROJECTS:
KBC made a neuro-discovery and a whole neuro-experiential development for several products in maturity phase, which was later adopted as a methodology for products at that stage of their life cycle. Subsequently made a similar job for maximizing the reach and effectiveness in launching a new product.
RESULTS:
1- Rebound/significant annual increase in sales of products with important turnovers but decreases (for their maturity / obsolescence) in previous years.
2- Substantial increase in sales in a new product launch in comparison with best previous experiences.
3- Significant reduction in the Time-To-Market and marketing and trade/commercial costs, both in launching new products and in the re-launch of existing and/or mature ones.