Marketing Forecast from Ad-ology

Ad-ology Research recently updated their Industry Marketing Insights report for Gastroenterologists.

Ad-ology Research recently updated their Industry Marketing Insights report for Specialty Hospitals.

Ad-ology Research recently updated their Industry Marketing Insights report for Medical Clinics.

Ad-ology Research recently updated their Industry Marketing Insights report for Diagnostic Imaging Centers.

According to a recent study by Communispace, the recession has added considerable stress to this already overburdened population known as “the sandwich generation,” baby boomers who support kids, parents, relatives and themselves at the same time. Over 20 million Americans belong to this unique consumer segment. Feeling stretched, overwhelmed, and under-supported this segment of consumers has particular needs and hopes that marketers must understand. For example, 77% would adapt the things they’d purchase to accommodate parents; for example, when buying a new car they’d consider buying one with a larger trunk (to hold a parent’s wheel chair or walker), rather than one that is comfortable or gets good gas mileage. A “considerable number” of people are looking for more culturally and linguistically appropriate services for their elderly parents (many of whom don’t speak English).

Marketers that spend heavily on research and development (R&D) to bring new products ranging from computer software to pharmaceuticals have been hurt as much as other companies during the recession. Yet the majority of large public firms with track records of research and development activity continued to invest in innovation. According to a new report by Booz & Company, these companies, on average, added 5.7% to their R&D budgets despite extreme profit pressure.