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A New Product for Bayer- Concept

Writer's picture: ChristinaChristina

Updated: Jan 22, 2018

As a part of a marketing class, teams chose an existing company and preformed market research on that company. Based on that research, we were to create a concept product, write a marketing plan for that product, and present the product to the class. This is a sample of the presentation:


Laina

Bayer Birth Control (a concept idea created by my Chatham marketing team)

Positioning: “For college-aged women that care about convenience, Laina birth control is a birth control multivitamin that comes in gummy form. Unlike other birth control pills, Laina is both medically and socially convenient “


Targeting: This product will use niche marketing to appeal to: Young women, college aged, trend setters, busy lifestyle, seeking convenience


Promoting: Samples and coupons are “pushed” towards the consumer through their doctors, Magazine ads, Social media, and campus representatives


Distribution Channel: selective distribution pharmacies, doctor’s offices, and mail-order.

Doctors give out samples, prescriptions, and the coupon. Pharmacies give out the coupons and dispense the medicine.


Partnering: Bayer’s Vitamin Production Department

Laina advertisement found in a magazine (concept):



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