Impact of Pharmaceutical Industry Promotion Mix on Doctor's Prescribing Behavior
Asia-Pacific Business Review, Vol. IV, No. 4, pp. 82-95, October - December 2008
14 Pages Posted: 2 May 2012
Date Written: October 2, 2008
Abstract
This study was conducted to develop a simple framework for finding out the impact of the different kinds of promotional tools offered by pharmaceutical industry on the prescribing behavior of doctors. Moreover the study also focused on whether the perception of physicians towards various promotional tools is different with respect to demographic variables. Well-structured schedule was developed for conducting the study. Judgmental sampling method was followed. Survey was conducted and data was analyzed on the basis of responses provided by 523 respondents. Researcher has applied factor analysis for data reduction and ANOVA & F-test for hypothesis testing. Findings of the study can help the marketing managers of pharmaceutical companies in designing their promotional strategies especially for doctors.
Keywords: pharmaceutical industry, promotion mix, drug prescribing behavior
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