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ScriptCAST™ |
How a ScriptCAST™ Simulator
Functions
It then answers the question:
Being able to calculate a new brand’s maximum potential is extremely important. A brand’s potential is determined by how doctors will behave after being exposed to its positioning concept and price. Therefore, if one can determine the true maximum potential share for any given concept and price, one can select the most productive concept from among those that have come to mind and identify the optimal price for that concept! However, to forecast and plan with precision, one must also account for how much of the brand’s potential (under a given concept/price) would actually be achieved at any point in time for a given promotional scenario. ScriptCAST Simulators account for the impact of promotion through an uptake curve. An uptake curve relates the individual elements of the promotional mix (details, samples, journals, etc.) to how much of the brand’s potential will be achieved at any point in time. Three considerations go into developing uptake curves for ScriptCAST Simulators:
Both a brand’s maximum potential and its uptake curve are dependent on the message that is communicated to doctors. The reason ScriptCAST Simulators are so exacting is that they do an excellent job of representing how physicians will respond to the brand’s message at different promotional levels. * Note: Some ScriptCAST Simulators were set up to account for expected changes in the market environment. These Simulators produced highly accurate forecasts. |
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