{"title":"Financial Inducements: Growth in DTC Magazine Advertisements","authors":"Megan C. Good","doi":"10.1080/15332969.2020.1786242","DOIUrl":null,"url":null,"abstract":"Abstract Interest in pharmaceutical costs has heightened, as the phenomenon of financial inducements as promotional tools in Direct-to-consumer magazine advertising remains chiefly unexplored. The value of examining financial inducements has accelerated, providing the premise of this article. Employing content analysis of national consumer magazines, 213 DTC advertisements identified were compared to a sample three years later, revealing a reduction in ads to 97 in a similar magazine sample. While the total number of DTC ads has declined, the financial incentives have become prominent increasing from 42.2 percent of the DTC ads to 51.5 percent. The directed emphasis of copay amounts increased from 11.1 to 40.0 percent as opposed to previously merely mentioning possible “savings” which went down from 71.1 to 44 percent. Strategic opportunities and public policy implications are presented.","PeriodicalId":35539,"journal":{"name":"Services Marketing Quarterly","volume":"41 1","pages":"306 - 321"},"PeriodicalIF":0.0000,"publicationDate":"2020-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/15332969.2020.1786242","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Services Marketing Quarterly","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/15332969.2020.1786242","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Business, Management and Accounting","Score":null,"Total":0}
引用次数: 0
Abstract
Abstract Interest in pharmaceutical costs has heightened, as the phenomenon of financial inducements as promotional tools in Direct-to-consumer magazine advertising remains chiefly unexplored. The value of examining financial inducements has accelerated, providing the premise of this article. Employing content analysis of national consumer magazines, 213 DTC advertisements identified were compared to a sample three years later, revealing a reduction in ads to 97 in a similar magazine sample. While the total number of DTC ads has declined, the financial incentives have become prominent increasing from 42.2 percent of the DTC ads to 51.5 percent. The directed emphasis of copay amounts increased from 11.1 to 40.0 percent as opposed to previously merely mentioning possible “savings” which went down from 71.1 to 44 percent. Strategic opportunities and public policy implications are presented.
Services Marketing QuarterlyBusiness, Management and Accounting-Business, Management and Accounting (miscellaneous)
CiteScore
2.40
自引率
0.00%
发文量
6
期刊介绍:
Services Marketing Quarterly is directed at academicians and practitioners who are involved in the development and application of services marketing concepts to the wide spectrum of industries that constitute the service sector of economies. The journal presents both theoretical and empirical articles including experimental and pilot studies addressing various issues faced by service marketers to enhance the development of the marketing literature in the application of marketing concepts to services. Areas of emphasis include: Service characteristics changes. Servicescape impacts. Service delivery impacts. Services impact on organizational image. Digital service environments and impacts. Evolution of services over time and by industry. Contributions are encouraged which include analysis of existing practice, methods and programs; application of new ideas and methods; and research on various aspects of services marketing. Each manuscript should include the marketing implications of the impact of the findings on services marketing theory and/or practice. Services Marketing Quarterly also welcome proposals for special issues.