Pharmaceutical Marketing
Pharmaceutical Marketing
Course Content:
1. Principles of marketing: Definition and concepts of marketing, steps in marketing process, role of
marketing in our society, marketing mix and exchange relationships, marketing management
process, selling concept, customer relationship management, demarketing.
2. Strategic marketing planning: Strategic planning process, resources and opportunities affecting
the planning process, corporate, business-unit and marketing strategies, marketing plan and
implementation process, approaches to marketing implementation
3. Consumer markets and buying behaviour: Consumer market and business market, consumer
buying process, factors affecting consumer behaviour, types of buyer behaviour, buying decision
process, consumer decision process for new products or adoption process.
4. Market segmentation and target market strategies: Identifying market segments, factors for
segmenting market, choosing a target marketing strategy, market positioning for maximum
competitive advantages.
7. Pricing: Definition of pricing, basic factors influencing pricing decision, pricing methods and
strategies.
8. Nature and principles of management: Style of management, the MBO system and improving
decision-making.
9. Organization structures: Social organization and legal organization, the sole proprietorship, the
general partnership, private and public limited companies, their relative advantages and
disadvantages.
10. Personnel management: Importance, principles, methods, motivation, staff requirements theory.
11. Inventory control: Methods-intuitive, systematic want book, perpetual inventory, open-to-buy,
stock, record card, economic order quality, selection of optimum methods, effect of inventory
control.
12. Purchasing: Formulating effective buying policies, needs and desires, selecting the sources of
supply, determining terms of purchase, receiving, marking and stocking of goods.
13. Course Learning Outcomes (CLOs): By the end of this course, student will be able to:
CLO1: Understand and explain the basic concepts of pharmaceutical marketing.
CLO4: Describe about product management, organization structures, personnel management and
purchasing.
CLO6: Demonstrate professional, management, and ethical values and develop lifelong learning skills.
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b) Marks distribution:
1. Continuous assessment: 40%.
Class test/quiz: 15%.
Assignment and oral presentation: 20%.
Attendance: 5%.
c) Make-up procedures: Make up examination is taken within 15 days after midterm examination and
within 7 days after final examination.
Course Outline