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International Journal of Creative and Open Research in Engineering and Management

A Peer-Reviewed, Open-Access International Journal Supporting Multidisciplinary Research, Digital Publishing Standards, DOI Registration, and Academic Indexing.
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ISSN: 3108-1754 (Online)
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ISO Certification: 9001:2015
Publication Fee: 599/- INR
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License: CC BY 4.0
Peer Review: Double Blind
Volume 02, Issue 04

Published on: April 2026

TO STUDY SALES STRATEGY AND MARKET SURVEY OF PHARMACEUTICAL PRODUCTS TO IMPROVE MARKET SHARE (A STUDY OF GLENMARK PHARMACEUTICALS LIMITED)

Pranjali Srivastaval

Prof. Kanif Satav

MBA Department Dhole Patil College of Engineering Pune

Article Status

Plagiarism Passed Peer Reviewed Open Access

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Abstract

The pharmaceutical industry plays a crucial role in ensuring healthcare accessibility and improving the quality of life. Unlike other industries, pharmaceutical marketing is unique because the decision-making authority lies primarily with doctors rather than end consumers. This makes sales strategies more relationship-driven and knowledge-oriented.

This research study aims to analyze the sales strategies and market behavior of pharmaceutical products with special reference to Glenmark Pharmaceuticals Limited. The study focuses on understanding how factors such as pricing, product quality, promotional activities, doctor relationships, and product availability influence market share.

The research is based on both primary and secondary data. Primary data was collected from 100 respondents, including doctors and chemists, through structured questionnaires. Secondary data was gathered from company reports, research articles, and industry sources. The collected data was analyzed using percentage analysis, tabular representation, and graphical methods.

The findings reveal that medical representatives play a dominant role in product awareness and promotion. Pricing, affordability, and product quality are the most influential factors affecting prescription behavior. The study also highlights that strong distribution and product availability significantly impact sales performance.

The study concludes that pharmaceutical companies must focus on building strong relationships with doctors, maintaining competitive pricing, ensuring product availability, and adopting innovative marketing strategies to improve market share.

Keywords: Pharmaceutical Marketing, Sales Strategy, Market Share, Doctor Behavior, Glenmark Pharmaceuticals

How to Cite this Paper

Srivastaval, P. (2026). To Study Sales Strategy and Market Survey of Pharmaceutical Products to Improve Market Share (A Study of Glenmark Pharmaceuticals Limited). International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(04). https://doi.org/10.55041/ijcope.v2i4.950

Srivastaval, Pranjali. "To Study Sales Strategy and Market Survey of Pharmaceutical Products to Improve Market Share (A Study of Glenmark Pharmaceuticals Limited)." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 04, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i4.950.

Srivastaval, Pranjali. "To Study Sales Strategy and Market Survey of Pharmaceutical Products to Improve Market Share (A Study of Glenmark Pharmaceuticals Limited)." International Journal of Creative and Open Research in Engineering and Management 02, no. 04 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i4.950.

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References

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Ethical Compliance & Review Process

  • All submissions are screened under plagiarism detection.
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  • Peer Review Type: Double-Blind Peer Review
  • Published on: May 01 2026
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