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Securing a Competitive Advantage in the Reverse Transcriptase Market

Published by: BioInformatics, LLC

Published: Mar. 1, 2006 - 126 Pages


Table of Contents


Section 1. Analysis and Interpretation of Survey Results

Executive Overview

Market Profile

Market Growth Potential

Price Sensitivity

Customer Retention

Customer Satisfaction

Customer Loyalty

Brand Equity

Conclusion




Section 2. Study Methodology and Demographics

Methodology

Definition of Terms

Demographics

Questionnaire




Section 3. Presentation of Survey Data

Reverse Transcriptase Usage


Techniques for which scientists regularly perform reverse transcriptase (RT) reactions

Percentage of reverse transcriptase usage associated with each technique

Frequency of reactions performed and projected change in number of reactions over the next year

Brands of reverse transcriptase used by scientists most often


Reverse Transcriptase Purchasing Behavior and Pricing


Factors that induce brand switching and brands to which customers are likely to switch

Current purchasing frequency and length of relationship with current primary supplier of reverse transcriptase

Usage frequencies of enzyme types (AMV, MMLV, HIV, Other)

Price sensitivity analysis of each enzyme type and effects on purchasing behavior

Brand loyalty and barriers to switching brands

Customer satisfaction in the reverse transcriptase market


Demographics




Section 4. Appendices

Insights and Perspectives

Cross-Tabulations of Survey Data

Other Recent Publications

About BioInformatics

Our Valued Clients

Abstract

The Strategic Importance of the Reverse Transcriptase Market

If the increased use of gene expression technology for a broader set of applications is any indication, reverse transcriptase (RT) ranks with taq polymerase and restriction enzymes as one of the most essential enzymes in a life scientist’s toolkit. From a product strategy perspective, reverse transcriptase is all the more critical because it serves as an entry point into a supplier’s profitable kits and reagents (as well as instrumentation) for the RT-PCR and real-time PCR markets. Dominance in such an important market foothold can secure a key competitive advantage for a supplier. However worthwhile, attaining and maintaining such a position in the reverse transcriptase market is difficult due to the presence of several key players. An effective competitive strategy requires a thorough and nuanced understanding of market dynamics that this report is designed to provide.

Customer Behavior, Brand Warfare, Pricing Strategy and Market Growth Potential Based on a survey of 500 life scientists in the U.S. market for reverse transcriptase, Securing A Competitive Advantage in the Reverse Transcriptase Market by BioInformatics LLC provides insight into customer behavior, brand warfare, pricing strategy, and market growth potential in this complex and important market. Using sophisticated statistical analysis, including Van Westendorp Price Sensitivity analysis and brand equity assessment methodology, the study provides a bottom-up analysis of the market, resulting in a set of basic strategic leverage points that any competitor can use to take share from current leaders in the reverse transcriptase market.

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