IJMRR - International Journal of Multidisciplinary Research & Reviews
Int. J. Multidiscip. Res. Rev.
DOI Prefix: 10.56815
I J M R R
Int. J. Multidiscip. Res. Rev.

International Journal of Multidisciplinary Research & Reviews

Peer Reviewed | Multidisciplinary | UGC Aligned | C | O | P | E Ethical Standard

ISSN: 2945-3135 | Digital Archiving | CrossRef Member
IJMRR - International Journal of Multidisciplinary Research & Reviews

International Journal of Multidisciplinary Research & Reviews

Peer Reviewed · Multidisciplinary · UGC Aligned · C | O | P | E Ethical Standard

ISSN: 2945-3135 | Digital Archiving | CrossRef Member
DOI DOI Prefix: 10.56815
Vol. 2022 No. 1: 2022 (2022)

[1] Assessment of the Impact of Corporate Branding of Pharmaceuticals on Purchasing Behavior of Consumer/patients

Binita Shah

Pharmaceutical industry is always considered as an evergreen market for economic contribution in the country, which is reflected true in the current scenario. Pharmaceutical branding is a vital approach to create awareness, generate interest, helps in differentiation of a product from competitors; it has become a critical element in organization’s positioning strategy. The study was to assess the impact of corporate branding of pharmaceuticals on patient’s purchasing behavior of consumer/patients. A survey was conducted among 119 patients in different regions of India using structured self-administered questionnaire. Overall, 66% of patients were satisfied with current performance of branded company medicines. Most relevant source of information to patients was through physicians/doctors especially for prescription medicines while pharmacist provide information mostly for non-prescription medicines. Patients trust & prefer to purchase branded company’s medicine as a first choice and believed to have high quality, better efficacy, safety.

Keywords:
Corporate branding Purchasing behavior Consumer Pharmaceuticals Positive impact