Pharmaceutical Product Promotion System in the Latvian Market
2011
Irina Trofimova, Anatolijs Magidenko

In the pharmaceutical industry product promotion is communication, not ordinary sales promotion. Communication with consumers, physicians and pharmacists is particularly important in this sector. The main problem associated with the promotion on the market in the pharmaceutical sector is that the pharmaceutical industry is confronted with the limits and influencing factors, which are not encountered in any other sectors. Specific character of the pharmaceutical industry is that a number of promotion activities should focus not on the ultimate consumer, but on market members such as doctors and pharmacists. The successful development of the pharmaceutical companies depends on accurate and timely product promotion, which should be made by taking into consideration all factors affecting the pharmaceutical industry.


Keywords
pharmaceutical industry, product promotion, promotion model, Latvia

Trofimova, I., Magidenko, A. Pharmaceutical Product Promotion System in the Latvian Market. Economic Research in Business. Vol.9, 2011, pp.169-176. ISSN 1691-0737.

Publication language
Latvian (lv)
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