Cluster

Core considerations

Stakeholders and target mapping

Landscape assessment (in particular status quo and future scenarios)

Ÿ Who (competitor) is/will be introducing which product, in which market (segment), and when?

Ÿ Who (provider) is using which product, in which therapeutic area and how (e.g. in combination)?

Ÿ What are the sales volumes per product (or combination thereof)?

Stakeholder decision drivers

Product exclusivity

Ÿ Will own product be 1st/2nd... to market?

Ÿ Does the market provide IP protection, is it enforced and for how long?

Ÿ Will IP protection of competing (branded) product expire soon?

Ÿ Are relevant markets contractual, i.e. do competitors have exclusive arrangements?

Market share/sales force

Ÿ Is pertinent market dominated by a competitor, saturated or highly specialised (niched)?

Ÿ What is the formulary and reimbursement status of competing product?

Ÿ How are budgets allocated to existing products? How high are allocations?

Ÿ What are the sales activities (area and representatives) of competitors?

Ÿ How might a competitor react to the launch of a new (competing) product?

Customer experience

Ÿ What are the advantages and disadvantages of competitor products; what can be improved?

Positioning/pricing/pipelines (decision points)

Ÿ How have competitors positioned, i.e. matched with and “pitched”/communicated the value fit of their products in therapeutic area and specialties?

Ÿ Does competitor focus on private or reimbursement market(s)? If on both, what is the sequence?

Ÿ What is their pricing model (e.g. tiered-/value-based-pricing?

Ÿ What is the likely launch date of new products and what is the potential competitive advantage?

Stakeholder engagement

Messaging

Ÿ How do competitors engage with customers and how well do their strategies resonate with them?

Relationships/reputation

Ÿ How good is the relationship of competitors with providers (“historical” preference)?