Survey Report: A Survey On Stockist Perception of Pharmaceutical Companies in Mumbai
Survey Report: A Survey On Stockist Perception of Pharmaceutical Companies in Mumbai
SURVEY REPORT
A SURVEY ON STOCKIST
PERCEPTION OF PHARMACEUTICAL
COMPANIES IN MUMBAI
SAMPLE SIZE [N=130]
Elton Fernandes
Kunwar Khurana
Neha Seth
Nitender Yadav
Prerana Gidwani
Shambhavee Sankholkar
1
[N=130]
ACKNOWLEDGEMENTS:
The survey was carried out by all students of the First year MBA-
Pharmaceuticals Management, Section-B, NMIMS, Mumbai.
2
[N=130]
INDEX
A. EXECUTIVE SUMMARY 4
B. RESEARCH OBJECTIVE 7
C. SAMPLE BREAK-UP 8
1. Zone Wise 8
D. QUESTIONS 9-39
Q.6 According to you, which companies give you the best services? 26
G. Annexure : Questionnaire 42
3
[N=130]
Executive Summary
1.
27% of the stockist’s have been functioning since the past 21-30 years.
19% of the stockist’s have been functioning since the past 16-20 years.
15% of the stockist’s have been functioning since the past 11-15 years.
12% of the stockist’s have been functioning for >40 years.
11% of the stockist’s have been functioning since the past 6-10 years.
2.
20% of stockist’s deal with 21 – 25 companies.
13% of the stockist’s deal with 11- 15 companies.
12% of the stockist’s deal with 6- 10 companies.
10% of stockist’s deal with 31 – 35 companies.
10% of stockist’s deal with 36 – 40 companies.
9% of the stockist’s deal with 26 – 30 companies.
8% of the stockist’s deal with 16 – 20 companies.
3.
23% of the stockist’s have up to 16-20 employees at present.
17% of the stockist’s have up to 11-15 employees.
15% of the stockist’s have up to 6-10 employees.
13% of the stockist’s have up to 21-25 employees.
7% of the stockist’s have up to 26-30 employees.
5% of the stockist’s have up to 31-35 employees.
4.
Ranbaxy, Cipla and GSK was perceived as the top company by 9%
stockist’s surveyed.
Sun Pharma was perceived as top company by 6% stockist’s surveyed.
Pfizer was perceived as top company by 5% stockist’s surveyed.
Sanofi Aventis was perceived as top company by 4% stockist’s surveyed.
Nicholas Piramal was perceived as top company by 4% stockist’s
surveyed.
Torrent was perceived as top company by 3% stockist’s surveyed.
DRL was perceived as top company by 3% stockist’s surveyed.
4
[N=130]
5.
21% of the stockist’s surveyed had an opinion that the pharma company
having the best performance at present was Cipla. This is in line with
ORG IMS ranking.
10% of the stockist’s surveyed felt that GSK was the pharma company
having the best performance at present. Current ranking is 2.
10% of the stockist’s surveyed felt that Sun pharma was performing the
best at present. Present ranking is 5.
9% of the stockist’s surveyed felt that Mankind was performing the best at
present.
7% of the stockist’s surveyed felt that Sanofi Aventis was performing the
best at present.
6% of the stockist’s surveyed felt that Ranbaxy was performing the best
at present.
6.
9% of the stockist’s said that Cipla provides them the best service.
9% of the stockist’s said that Sanofi Aventis provides them the best
service.
8% of the stockist’s said that all companies provide them the best service.
7% of the stockist’s said that GSK provides them the best service.
7% of the stockist’s said that Ranbaxy provides them the best service.
5% of the stockist’s said that Sun Pharma provides them the best service.
4 % of the stockist’s said that Pfizer provides them the best service.
7.
18% of the stockist’s said all companies go out of stock.
12% of the stockist’s said all companies have sufficient stock.
10% of the stockist’s said Cipla does not run out of stocks.
7% of the stockist’s said Sanofi Aventis does not run out of stocks.
6% of the stockist’s said GSK does not run out of stocks.
4 % of the stockist’s said Ranbaxy does not run out of stocks.
3% of the stockist’s said that Alkem and DRL does not run out of stock.
5
[N=130]
8.
10% stockist’s said that Sun Pharma has the most effective field force.
10% stockist’s said that Cipla has the most effective field force.
7% stockist’s said that Mankind has the most effective field force.
7% stockist’s said that Sanofi Aventis has the most effective field force.
6% stockist’s said that GSK has the most effective field force.
5% stockist’s said that Ranbaxy has the most effective field force.
4% stockist’s said that FDC has the most effective field force.
3 % stockist’s said that All Companies have effective field force.
9.
Salesmen
Deliverymen
6
[N=130]
Research Objective
The objective for the survey is to listen to the stockist’s and to understand their
perception on the pharmaceutical companies.
Research Methodology
A structured questionnaire for the study subjects (Stockist’s) was designed
within the scope of given objectives. Mumbai was divided into 6 zones. Within
each zones, Stockist’s were interviewed from different areas.
ZONE SUBURBS
Central Mumbai Mahim, Matunga, Dadar, Lower Parel, Parel, Sewree, Wadala.
7
[N=130]
ZONE-WISE DISTRIBUTION
(N = 130)
WS - 47
8% SM - 20
5% ES - 25
CM - 20
36%
15% NM - 7
TH - 11
19%
15%
8
[N=130]
Q.1
[N = 130]
9
[N=130]
Number of
Sr Number of functional years of Percentag
Stockist’s
No. Stockist’s e
[130]
1. Upto 5 9 7%
2. 6-10 14 11%
3. 11-15 19 15%
4. 16-20 25 19%
5. 21-30 35 27%
6. 31-40 13 10%
7. >40 15 12%
40
35
35
30
25
25
20 19
No. of stockists
15
15 14
13
10 9
0
Upto 5 yrs 6-10 yrs 11-15 yrs 16-20 yrs 21-30 yrs 31-40 yrs >40 yrs
10
[N=130]
Interpretation:
27% of the stockist’s have been functioning since the past 21-30 years.
19% of the stockist’s have been functioning since the past 16-20 years.
15% of the stockist’s have been functioning since the past 11-15 years.
12% of the stockist’s have been functioning for >40 years.
11% of the stockist’s have been functioning since the past 6-10 years.
10% of the stockist’s have been functioning since the past 31-40years.
7% of the stockist’s have been functioning since the past 5 years.
11
[N=130]
Q.2
(N=130)
12
[N=130]
Sr No of responses
No. of Companies Percentage
No. [N=130]
1. 1 to 5 4 3%
2. 6 to 10 15 12%
3. 11 to 15 17 13%
4. 16 to 20 11 8%
5. 21 to 25 26 20%
6. 26 to 30 12 9%
7. 31 to 35 13 10%
8. 36 to 40 13 10%
9. 41 to 45 4 3%
10. 46 to 50 5 4%
11. 51 to 55 3 2%
12. 56 to 60 5 4%
13. 71 to 80 2 2%
13
[N=130]
INTERPRETATION:
14
[N=130]
Q.3
[N= 130]
15
[N=130]
Number of
Number of
Sr No. Stockist’s Percentage
persons
[N=130]
1.
0-5 4 3%
2.
6-10 19 15%
3.
11-15 22 17%
4.
16-20 30 23%
5.
21-25 17 13%
6.
26-30 9 7%
7.
31-35 7 5%
8.
36-40 9 7%
9.
41-45 2 2%
10.
46-50 5 4%
11.
51-55 0 0%
12.
56-60 2 2%
13.
61-65 1 1%
14.
More than 65 3 2%
16
[N=130]
Interpretation:
17
[N=130]
Q.4
ACCORDING TO YOU,
WHICH ARE THE TOP 5
PHARMA COMPANIES IN
THE INDUSTRY?
[N = 130]
No of Responses
Sr. No. Responses Percentage
[N=629]
1 Ranbaxy 55 9%
2 Cipla 54 9%
3 GSK 54 9%
4 Sun Pharma 39 6%
5 Pfizer 32 5%
6 Sanofi Aventis 28 4%
7 Nicholas Piramal 24 4%
8 Torrent 18 3%
9 DRL 17 3%
10 Lupin 15 2%
11 Alkem 14 2%
12 Mankind 14 2%
13 Novartis 12 2%
14 Astra Zeneca 11 2%
15 USV 11 2%
16 Wockhardt 11 2%
17 FDC 10 2%
18 Glenmark 10 2%
19 Intas 10 2%
20 Zydus Cadila 9 1%
19
[N=130]
No. of No. of
Name of the Company Name of the Company
Responses Responses
Abbott 8 Dabur 2
Elder Pharma 8 Eli Lilly 2
Emcure 8 Franco India 2
Ipca 6 Fulford 2
Macleods 6 Hetero Pharma 2
Unichem 6 J B Chemicals 2
Aristo 5 Khandelwal Laboratories 2
Himalaya 5 Lyka 2
Jhonson & Jhonson 5 Merck 2
PDPL 4 Merind 2
East India Pharma 3 Midas Care 2
German Remedies 3 Mitoch Pharma 2
Indoco 3 Raptakos 2
Medley 3 Serdia 2
Micro Labs 3 Shreya 2
Pharmed 3 Solvay 2
Wyeth 3 Sunways 2
Albert David 2 Themis 2
Alembic 2 Universal Pharma 2
Anglo French 2 Zandu 2
Bayer 2 Zuventus 2
Biological Evans 2 Aimil Pharma 1
Charak Pharma 2 Ajanta 1
20
[N=130]
No. of
No. of
Name of the Company Name of the Company Response
Responses
s
Allergan 1 MSD 1
Amil Pharma 1 Nagarjuna 1
Amrutanjan 1 Neon 1
Ashwin Pharma 1 New life 1
Ator Pharma 1 Novo Nordisk 1
Baxter 1 Organon 1
BD 1 Paras 1
Blue Cross 1 Phyto Pharma 1
Cachet 1 Protec 1
Claris 1 Reckitt Benckiser 1
Concept 1 Reliance 1
D K Sandhu Brothers 1 Roche 1
Elan Pharma 1 RPG Life Sciences 1
Fortis 1 Sandoz 1
Fourrts Laboratories 1 Siba 1
Genix Pharma 1 Systopic 1
Hamdard 1 Trica 1
Heinz India 1 TTK Healthcare 1
Hitech 1 Baidyanath 1
JVK Labs 1 Venus International 1
Knoll Pharma 1 Wipro 1
Mayer Vita Bitics 1
Interpretation:
21
[N=130]
Q.5
22
[N=130]
ACCORDING TO YOU,
WHICH COMPANY IS
PERFORMING THE BEST
AT PRESENT?
[N=130]
23
[N=130]
Number of
Name of
Sr. No. Responses Percentage
Company
[N=163]
1. Cipla 35 21%
2. GSK 17 10%
3. Sun Pharma 16 10%
4. Mankind 15 9%
5. Sanofi Aventis 11 7%
6. Ranbaxy 10 6%
7. FDC 6 4%
8. Abbott 5 3%
9. Astra Zeneca 4 2%
10. DNA 4 2%
11. Lupin 4 2%
12. Pfizer 4 2%
13. Intas 3 2%
14. Alkem 2 1%
15. All the companies 2 1%
16. Biological Evans 2 1%
17. Hetro Pharma 2 1%
18. Johnson & Johnson 2 1%
19. Macleods 2 1%
20. Nicholas Piramal 2 1%
Meyer
Baidyanath Elder Torrent
Vitabiotics
Interpretation:
21% of the stockist’s surveyed had an opinion that the pharma company
having the best performance at present was Cipla.
10% of the stockist’s surveyed felt that GSK was the pharma company
having the best performance at present.
10% of the stockist’s surveyed felt that Sun pharma was performing the
best at present.
9% of the stockist’s surveyed felt that Mankind was performing the best at
present.
7% of the stockist’s surveyed felt that Sanofi Aventis was performing the
best at present.
6% of the stockist’s surveyed felt that Ranbaxy was performing the best
at present.
25
[N=130]
Q.6
ACCORDING TO YOU,
WHICH PHARMA
COMPANY PROVIDES
YOU THE BEST
SERVICE?
(N=130)
Multiple Responses = 225
26
[N=130]
No of Responses
Sr No. Name of Company Percentage
[N=225]
1. Cipla 21 9%
2. Sanofi Aventis 20 9%
All companies give good
3. 17 8%
service
4. Ranbaxy 16 7%
5. GSK 15 7%
6. Sun Pharma 12 5%
7. Pfizer 8 4%
8. Alkem 7 3%
9. Lupin 7 3%
10. FDC 7 3%
11. Astra Zeneca 7 3%
12. Abbott 7 3%
13. Nicholas Piramal 6 3%
14. DRL 6 3%
15. USV 3 1%
16. Zydus Cadila 3 1%
17. Mankind 3 1%
Interpretation:
28
[N=130]
9% of the stockist’s said that Cipla provides them the best service.
9% of the stockist’s said that Sanofi Aventis provides them the best
service.
8% of the stockist’s said that all companies provide them the best service.
7% of the stockist’s said that GSK provides them the best service.
7% of the stockist’s said that Ranbaxy provides them the best service.
5% of the stockist’s said that Sun Pharma provides them the best service.
4 % of the stockist’s said that Pfizer provides them the best service.
3% of the stockist’s said that Alkem, Lupin, Astra Zeneca, Abbott,
Nicholas Piramal, DRL provide them the best service.
1% of the stockists said that USV, Zydus Cadila, Mankind provide them
the best service.
29
[N=130]
Q.7
[N= 130]
30
[N=130]
Number of
Sr
Stockist’s Responses Responses Percentage
No.
[N=177]
Cipla
1. 18 10%
Sanofi Aventis
2. 12 7%
GSK
3. 11 6%
Ranbaxy
4. 7 4%
DNA
5. 6 3%
Alkem
6. 5 3%
DRL
7. 5 3%
Abbott
8. 4 2%
Ipca
9. 4 2%
Johnson & Johnson
10. 3 1%
Lupin
11. 3 1%
PDPL
12. 3 1%
Sun Pharma
13. 3 1%
31
[N=130]
Interpretation:
32
[N=130]
Q.8
ACCORDING TO YOU,
WHICH COMPANY'S FIELD
FORCE IS THE MOST
EFFECTIVE?
[N=130]
MULTIPLE RESPONSES=154
33
[N=130]
34
[N=130]
16.
USV 3 2%
17.
Glenmark 3 2%
18.
Micro Labs 2 1%
19.
Franco India 2 1%
20.
German Remedies 2 1%
21.
Ipca 2 1%
22.
PDPL 2 1%
23.
Alkem 1 1%
24.
Aristo 1 1%
25.
Biological Ethical 1 1%
26.
Baxter 1 1%
27.
Charak Pharma 1 1%
28.
Elan Pharma 1 1%
29.
Elder Pharma 1 1%
30.
Genx 1 1%
31.
Hetero Pharma 1 1%
32.
Himalaya 1 1%
33.
Indoco 1 1%
35
[N=130]
34.
Intas 1 1%
35.
J R Morrison 1 1%
36.
Meyer Vitabiotics 1 1%
37.
Medley 1 1%
38.
Meerit Organics 1 1%
39.
Megha Herbals 1 1%
40.
MSD 1 1%
41.
Novartis 1 1%
42.
Parenteral Drugs 1 1%
43.
Serdia 1 1%
44.
Sunways 1 1%
45.
Torrent 1 1%
46.
Zandu 1 1%
47.
Zydus Cadila 1 1%
48.
Catchet 1 1%
49.
None are Effective 1 1%
50.
DNA 1 1%
51.
Others 2 1%
36
[N=130]
Interpretation:
10% Stockist’s said that Sun Pharma has the most effective field force.
10% Stockist’s said that Cipla has the most effective field force.
7% Stockist’s said that Mankind has the most effective field force.
7% Stockist’s said that Sanofi Aventis has the most effective field force.
6% Stockist’s said that GSK has the most effective field force.
5% Stockist’s said that Ranbaxy has the most effective field force.
4% Stockist’s said that FDC has the most effective field force.
37
[N=130]
Q.9
[N = 130]
38
[N=130]
3. 11 to 20 23 18%
4. 21 to 30 2 2%
5. Confidential 3 2%
Interpretation
39
[N=130]
Deliverymen
Interpretation:
40
[N=130]
41
[N=130]
42
[N=130]
Annexure: Questionnaire
SVKM’s
NMIMS University
MBA, Pharmaceuticals Management, 1st year, Section B (2009-11)
Study of Stockist perception of Pharmaceutical Companies
Q.4 According to you, which are the top 5 Pharma companies in the industry?
Q.5 As per your information, which Pharma company is performing the best at present?
Q.6 According to you, which companies give you the best services?
1.
2.
1.
2.
Q.8 According to you, which company’s field force is the most effective?
1.
43
[N=130]
2.
Q.9 How many salesmen and delivery men do you have at present?
Classification Data
Card/Stamp:
44