GlaxoSmithKline: Prepping for Battle
OIivier Kanicki, Kelly Goldsmith
Product #:W45009
Supplier:Ivey
Discipline:Marketing, Strategy
Setting:United States, 2022
Industries:
Geography:
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Learning Objectives
- Understand the different criteria that can be employed when segmenting a market for an innovative new product or service, with each criteria item producing different opportunities or barriers to adoption of a new product.
- Show how a market with an existing leader introduces a new layer of segmentation for familiarity and use of the first mover’s brand.
- Examine the role of possible decision influencers and their impact on new product adoption.
- Consider the conventional thinking of consumers who are dissatisfied with a current option, making it easier to switch to a competing product.
- Explore an emerging class of preventative medical treatments and the importance of marketing in this context.
- Develop the ability for a respectful discussion of business issues with complicated sociopolitical connotations (e.g., stigma related to HIV or AIDS, political polarization of issues rooted in the 2SLGBTQIA+ community).