Sharps Compliance has developed new approaches to medical waste management services that help increase efficiency and lower costs while helping its clients stay regulatorily compliant. Well ahead of the latest rules around unused medication disposal, Sharps developed a product called MedSafe to provide secure collection and proper destruction of unused drugs.
MedSafe had an expanding set of market opportunities at the project’s initiation, including the possibility to address new rules that provide for collecting unused medications, plus controlled substances, in a DEA-approved drop box in hospital and retail pharmacies, drug treatment facilities, long-term care facilities, and licensed law enforcement offices.
Of these target markets for the MedSafe brand, the retail pharmacy space appeared to be the company’s prime immediate opportunity; retail pharmacies of interest included hospital and health system pharmacies, freestanding retail pharmacies, and mass-market and grocer pharmacies. To capture these prospects, Sharps Compliance needed help to develop and execute a research-based, measurable, proactive marketing strategy and plan focused on efficiently and effectively achieving key targets for the MedSafe brand.
Toward this end, Sharps Compliance enlisted FrogDog to provide strategic marketing consulting and support to help it assess, analyze, and define its target markets for MedSafe; shape the value proposition for this brand’s offerings, including developing effective marketing messaging; determine the best way to raise its target markets’ understanding of this brand’s offerings; and create and then proactively implement an efficient and measurable marketing program.
FrogDog started with a strategy and plan development process to
FrogDog’s deep analysis of the market landscape, including a competitive analysis, audience analysis and segmentation, and market analysis—in the context of MedSafe’s capabilities and its marketing goals—drew a recommendation to focus a hard marketing push for the first twelve-month implementation into independent pharmacies across the United States.
Once Sharps Compliance approved the market focus areas and FrogDog’s twelve-month, multifaceted direct-marketing strategy and plan, FrogDog put it into action through a coordinated implementation effort. The implementation involved the following tactics:
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FrogDog created a series of print advertisements for national and state-level publications directed at pharmacy leadership.
FrogDog created a series of digital display advertisements for national and state-level publications directed at pharmacy leadership.
FrogDog created a series of e-blast advertisements, which it distributed through national and state-level publications directed toward pharmacy leadership.
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