This is to inform all the F.Y.B.B.A(C.A) Students that our college organizing annual gathering for girls events are : Group Dance Theme based dance Fashion Show
Submit list of participants to respective class in charges with name of student and phone number
How To Act On The Pharma Competitor Information You Get
After getting information of your top competitors in the pharma industry, Now the question arises how to act on it?
First of all, evaluate the information you find about your competitors. This should tell you whether there are gaps in the market which you can exploit.
Draw up a list of everything that you've found out about your competitors, however small.
Put the information into three categories:
1 - What you can learn from it and do better 2 - What they're doing worse than you 3 - What they're doing the same as you
1 - What you can learn from it and do better:
If you're sure your competitors are doing something better than you, you need to respond and make some changes. It could be anything from increasing / decreasing number of Medical reps (MRs) into selected territories, revised FTEs, revised compensation and bonuses assessing and updating your investment on other means of promotion (conferences, annual meetings etc), to restructuring marketing team, changing the way you market yourself.
Try to innovate not imitate. Now you've got the idea, can you do it even better, add more value?
2 - What they're doing worse than you:
Exploit the gaps you've identified. These may be in their product range (in each therapy area), marketing or distribution, even the way they recruit and retain employees.
Renew your efforts in these areas to exploit the shortcomings you've discovered in your competitors.
But don't be complacent about your current strengths. Your current strategies may still need improving.
3 - What they're doing the same as you:
Why are they doing the same as you, particularly if you're not impressed by other things they do? Perhaps you both need to make some changes.
Analyze these common areas and see whether you've got it right. And even if you have, your competitor may be planning an improvement.
The market is in constant flux and you must be adaptable to it!
Regarding Internal Examination ... Question bank of PPA Will be display as soon as possible on the notice board .
ReplyDeleteThis is to inform all the F.Y.B.B.A(C.A) Students that our college organizing annual gathering for girls
ReplyDeleteevents are :
Group Dance
Theme based dance
Fashion Show
Submit list of participants to respective class in charges with name of student and phone number
F.Y.B.B.A(C.A) 2017-18 Semester II Practicals will be starting from 27/11/2017.
ReplyDeleteHow To Act On The Pharma Competitor Information You Get
ReplyDeleteAfter getting information of your top competitors in the pharma industry, Now the question arises how to act on it?
First of all, evaluate the information you find about your competitors. This should tell you whether there are gaps in the market which you can exploit.
Draw up a list of everything that you've found out about your competitors, however small.
Put the information into three categories:
1 - What you can learn from it and do better
2 - What they're doing worse than you
3 - What they're doing the same as you
1 - What you can learn from it and do better:
If you're sure your competitors are doing something better than you, you need to respond and make some changes. It could be anything from increasing / decreasing number of Medical reps (MRs) into selected territories, revised FTEs, revised compensation and bonuses assessing and updating your investment on other means of promotion (conferences, annual meetings etc), to restructuring marketing team, changing the way you market yourself.
Try to innovate not imitate. Now you've got the idea, can you do it even better, add more value?
2 - What they're doing worse than you:
Exploit the gaps you've identified. These may be in their product range (in each therapy area), marketing or distribution, even the way they recruit and retain employees.
Renew your efforts in these areas to exploit the shortcomings you've discovered in your competitors.
But don't be complacent about your current strengths. Your current strategies may still need improving.
3 - What they're doing the same as you:
Why are they doing the same as you, particularly if you're not impressed by other things they do? Perhaps you both need to make some changes.
Analyze these common areas and see whether you've got it right. And even if you have, your competitor may be planning an improvement.
The market is in constant flux and you must be adaptable to it!
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Posted by:
Khalid Arshad