Strategic Marketing Model for Practice of Ayurvedic Medicine – a Case-study of Tiruchirapalli and Thanjavur Districts, Tamilnadu

نویسنده

  • P. VAIJAYANTHI
چکیده

India has 8000 plants with medicinal values, out of which 2200 have proven therapeutic properties, nurtured in the 25 biotic territories of the 10 bio-geographic regionsof the continent. Though ranked third it is lagging behind, in herbs-based medicines, and holds less than 2% (US$ 62 billion),of market share , whereas China with just 10% scientific base holds nearly one-third of the international market. This paper intents to analyze the status of Ayurvedic medicines using Porters Five Forces Model focusing on the marketing issues from the perspectives of the practitioners (doctors), distributors, service providers (hospitals) and the customers. 20 doctors, 25 distributors & retailers, and 25 customers from Trichy and Thanjavur districts which have relatively higher propensity for herbal medicine consumption, were employed and discussions elicited through personal one to one interviews. The findings of the study indicate that paucity of scientific endorsement (clinical tests) to be the most heavily felt impediment to Ayurvedic practice. With the presumption that scientific testing is feasible, implications for further research and marketing practice of Ayurvedic formulations have been presented.

منابع مشابه

A Presentation of the Strategic Entrepreneurial Marketing Model in the Construction Industry

The objective of the present study is to provide a strategic entrepreneurial marketing model in the construction industry in the construction companies of the north of the country using the Grounded theory. The present study is a qualitative research which uses Grounded theory by focusing on deep and semi-structured interview and providing an entrepreneurial strategic marketing strategy. In thi...

متن کامل

A Survey on Practice and Challenges of Balanced Score Card in Higher Education Institutions: A Case study on Selected Public Universities in Ethiopia

The  purpose of this  study  is  to  assess  the  practice  and  challenges of BSC  encountered  by  public  higher education institutions   as  a strategic management  tool  in  implementing  their  strategic  plans. In this research, the researchers used  both  quantitative  and  qualitative  research  approaches  in  its  successful  accomplishment.  The  quantitative  frames  will  be  made...

متن کامل

Strategic City Branding; from Theory to Practice

Cities are in search for new ways to get promoted. Regarding the fast changes in technology and the shift from local to a globalized environment, cities are forced to compete with each other in order to become an attractive tourist destination, workplace, cultural rich place and much more. City branding has been introduced as a new and creative solution to be adopted by cities to achieve suc...

متن کامل

Ethno Medicines of Kolli Hills at Namakkal District in Tamilnadu and its significance in Indian Systems of Medicine

1 Ethno Medicines of Kolli Hills at Namakkal District in Tamilnadu and its significance in Indian Systems of Medicine G.Arunachalam, M.Karunanithi N.Subramanian, V.Ravichandran and S.Selvamuthukumar PGP College of Pharmaceutical Science and Research Institute, NH -7, Namakkal Karur Main Road, Namakkal – 637297, Tamilnadu, India. Department of CARISM, SASTRA University, Thanjavur 613402, Tamilna...

متن کامل

Experimental Study on Flow Characteristics Around Twin Wind Blades (RESEARCH NOTE)

In the current study, twin wind blades are designed, fabricated and the effect of various gap ratio (g*) at various angle of attacks (α) on a next to each other twin wind blades are examined in an open-channel wind tunnel. Aerodynamic forces and moments are determined by using three-constraint force balancer. For gap ratio of zero, the aerodynamic attributes are like those of a solitary wind bl...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

متن کامل
عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2012