Market Research

For decades, the mainstream media has been the platform used in
advertising or informing the public about the different products. This in
particular includes Radio, Television and Newspapers. Companies have
exploited it by availing the services of famous artists as endorsers and get
market shares. They also use artistic influence in order to catch and attract
attention from the public to get noticed.

Pharmaceutical companies have effectively used this very effectively and

thus being part of the cause of their success. UNILAB is no different from
other pharmaceutical companies that are trying to take advantage of this
opportunity. They have availed the services of different artists endorsing
their products such as John Lloyd Cruz, Sharon Cuneta-Pangilinan, Michael V.,
etc. In addition to using these mediums, they also pushed it up further by
sponsoring activities and events such as “United for Wellness” fun run. They
also assigned hubs and MED-REPS in different hospitals offering services and
assistance for research and usage of equipments to the doctors.

Recently, internet has been rapidly gaining grounds establishing itself at par
with the traditional mainstream media. It brings in a lot of potential in terms
of marketing opportunity probably more than television since it can be
interactive in nature. It (Chart 1) shows that, in worldwide audience, about
6.8 billion people around the world are connected through the internet. 3.8
billion of its audience came from Asia. The growth of this population is still
growing at a staggering rate. This goes to show the enormous market share
that are present in this platform and it should be exploited efficiently and
effectively.

In Unilab’s case, they have just about exploited this opportunity only on the
minimum level. They were able to give basic information about their
company, announcements and articles in their website but they could still
push it a little further. One feature that could prove to be useful is an expert
system about different ailments and suggested cure especially in “over the
counter” cases. They may also take advantage of using traditional
advertising techniques but applying it to modern platform particularly the
social networking sites such as facebook, multiply and Bebo. According to a
study made by Assistant Professor Amori Mikami of University of Virgina,
most of the people in the sample population ages 20 to 22 years old have
 social networking account. This goes to show the great potential of this
environment waiting to be utilized.

Chart 1

INTERNET USAGE STATISTICS

The Internet Big Picture
World Internet Users and Population Stats

WORLD INTERNET USAGE AND POPULATION STATISTICS

Population Internet Users Internet Users Penetration Growth Users %
World Regions
( 2009 Est.) Dec. 31, 2000 Latest Data (% Population) 2000-2009 of Table

Africa 991,002,342 4,514,400 67,371,700 6.8 % 1,392.4 % 3.9 %

Asia 3,808,070,503 114,304,000 738,257,230 19.4 % 545.9 % 42.6 %

Europe 803,850,858 105,096,093 418,029,796 52.0 % 297.8 % 24.1 %

Middle East 202,687,005 3,284,800 57,425,046 28.3 % 1,648.2 % 3.3 %

North America 340,831,831 108,096,800 252,908,000 74.2 % 134.0 % 14.6 %

Latin America/Caribbean 586,662,468 18,068,919 179,031,479 30.5 % 890.8 % 10.3 %

Oceania / Australia 34,700,201 7,620,480 20,970,490 60.4 % 175.2 % 1.2 %

WORLD TOTAL 6,767,805,208 360,985,492 1,733,993,741 25.6 % 380.3 % 100.0 %

NOTES: (1) Internet Usage and World Population Statistics are for September 30, 2009. (2) CLICK on each world region name
for detailed regional usage information. (3) Demographic (Population) numbers are based on data from the US Census
Bureau . (4) Internet usage information comes from data published by Nielsen Online, by the International
Telecommunications Union, byGfK, local Regulators and other reliable sources. (5) For definitions, disclaimer, and navigation
help, please refer to the Site Surfing Guide. (6) Information in this site may be cited, giving the due credit
to www.internetworldstats.com. Copyright © 2001 - 2009, Miniwatts Marketing Group. All rights reserved worldwide.
Reference
http://articlestorehouse.com/Art/38139/288/Social-Networking-Sites-Have-Morphed-Into-A-Mainstream-
Medium-For-Teens-And-Adults.html

http://www.internetworldstats.com/stats.htm