Anonymous
Guest
Anonymous
Guest
They are jumping off Trifexis's train faster than they jumped on when there was no other milbemycin option.
First of all, thanks so much for publishing the promotional cost prices of this product online for clients to Google after their vet marks it up. Dummies.
Second, it's important you drug reps recognize Novartis is doing severe harm to the veterinary profession with this pricing scheme. Once diverters fill up online pharmacy shelves with Sentinel, you will have essentially set the maximum market tolerable profit for a year of both flea and heartworm prevention across the country at no more than $23.58 per dog.
Where did I come with that price?
Foster and Smith has ALREADY updated their Sentinel page with this message: "Item above on backorder. Expected in on 04/22/2013. Price: 51-100lb 12ct $83.88 11-25lb 12ct $54.96"
http://www.drsfostersmith.com/product/prod_display.cfm?pcatid=1460
You read that? "Expected on 4/22/13". They ALREADY HAVE DIVERTERS STANDING IN LINE BEGGING TO FILL THEIR SHELVES.
At an ongoing cost of $60.30/year (thanks again for publishing that on a public forum!), and a price of $83.88, per-dog profit for Sentinel will now only be $23.58, and any clinic that sets their prices above that will have angry clients and a fax full of prescription requests.
For 11-25lb dogs, at $54.96/12ct, profit drops to just $13.96/year/dog.
**$13.96/YEAR PROFIT.**
***For an entire YEAR of flea AND heartworm prevention***
I hope you all feel very proud of yourselves. When you walk into your clinics, may you get all the venom you deserve for trying to convince vets you're doing them a favor.
In one spectacular move, you've just lowered the net profits of every veterinary clinic in the country. Nicely done, guys.
Smart is recognizing Novartis Animal Health has just ruined an entire industry. You've ruined profits for everyone, you're the cheapest of the cheap, you've won the race to the bottom. Congratulations.
Yes, your plan is to win marketshare while simultaneously wrecking the entire industry's long-term income potential.
I mean, I totally get it. You're hungry, business is business, screw the other guy, nowhere to go but up... I can already imagine the self-congratulatory rah rah chest bumping at Novartis HQ. I totally get why you're jumping back into the market like this, because anything is better than zero. It's a painfully greedy approach, but it makes sense from a bottom-feeder standpoint.
But to win market share by undercutting the competition instead of based on the quality of the product, is a seriously short-sighted approach. You're claiming a bigger piece of the pie by shrinking the whole pie. Obviously, you're going to sell product, because vets are not good business people and will buy anything that's on sale. The more discount Sentinel gets sold over more expensive products, the more the pie will shrink.
You'll sell a bunch of product to a bunch of starving vets, they'll all congratulate themselves for lowering costs, clients will get used to paying $60 for their pet's prevention instead of $160. Then a year will go by, the vets will get their yearly P&L from their accountant, and they'll say "oh crap, our costs dropped, but so did our profits! And now my fax is full of freakin' Foster and Smith requests because I've trained my clients to Google everything I prescribe them, and I tried to try to make more than $14 on a year of heartworm and flea stuff. Dammit, Novartis, what have you done?!" But by then, it'll be too late.
And then what, Trifexis will start selling for $20/box? One way or the other, everybody else playing this game could choose to fight back against you and attempt to beat you to the bottom, because it's not like Sentinel is the Best Drug Ever, it's just... you know... adequate. Your competitors will regain their share of the pie you shrunk, and everybody will go home 40% poorer than before. And it will be all your fault.
Any vet reading this, think about this - if you sold Sentinel back in the day, did you also sell a bunch of Frontline with it, or did you just rely on the flea component of the Sentinel for the majority of your patients? Because if you're hoping to sell discount Sentinel and still make a profit, Novartis is counting on you to also sell their overpriced generic Frontline knockoff - I'm sorry, "Parastar Plus" - to make your profits, since you'll only be making pennies on your Sentinel. That's only going to last as long as it takes your clients to go remember they can get their real Frontline from Costco.
Vets, selling discount Sentinel is like undercutting the clinic down the block by charging $10 for a physical exam, instead of growing your practice by keeping your prices stable and practicing better medicine. It will come back to bite you. Screw this kamikaze scheme. These Novartis reps have their wallets in mind, and nobody else. Which, I realize, is the whole point of being a drug rep. Just... don't fall for it. Stick with whatever is currently keeping both your patients, and your accountant happy, for as long as you possibly can, until that shrunken pie strangles your choices.
What may happen is your LOW price may just kill you now
Ummm, the only thing you are forgetting is that the new low price will drive up compliance which means similar profits for vets. Why is that so hard to grasp? Additionally, pet owners should be more inclined to spend money in the clinic on other much needed services (i.e. - dentals, get dogs off steroids, blood work, hw tests, etc...). This helps Novartis and Novartis reps. It doesn't help the competition. It doesn't help distributors b/c Novartis doesn't pay them as much. I get why you're mad. Don't hate the player. Hate the game. You can always leave the industry.
Compliance will not go up. Never has, never will. It might in some clinics, but not nationwide. If Iverhart Plus and Triheart couldn't do it, why would Sentinel?
Yes, your plan is to win marketshare while simultaneously wrecking the entire industry's long-term income potential.
I mean, I totally get it. You're hungry, business is business, screw the other guy, nowhere to go but up... I can already imagine the self-congratulatory rah rah chest bumping at Novartis HQ. I totally get why you're jumping back into the market like this, because anything is better than zero. It's a painfully greedy approach, but it makes sense from a bottom-feeder standpoint.
But to win market share by undercutting the competition instead of based on the quality of the product, is a seriously short-sighted approach. You're claiming a bigger piece of the pie by shrinking the whole pie. Obviously, you're going to sell product, because vets are not good business people and will buy anything that's on sale. The more discount Sentinel gets sold over more expensive products, the more the pie will shrink.
You'll sell a bunch of product to a bunch of starving vets, they'll all congratulate themselves for lowering costs, clients will get used to paying $60 for their pet's prevention instead of $160. Then a year will go by, the vets will get their yearly P&L from their accountant, and they'll say "oh crap, our costs dropped, but so did our profits! And now my fax is full of freakin' Foster and Smith requests because I've trained my clients to Google everything I prescribe them, and I tried to try to make more than $14 on a year of heartworm and flea stuff. Dammit, Novartis, what have you done?!" But by then, it'll be too late.
And then what, Trifexis will start selling for $20/box? One way or the other, everybody else playing this game could choose to fight back against you and attempt to beat you to the bottom, because it's not like Sentinel is the Best Drug Ever, it's just... you know... adequate. Your competitors will regain their share of the pie you shrunk, and everybody will go home 40% poorer than before. And it will be all your fault.
Any vet reading this, think about this - if you sold Sentinel back in the day, did you also sell a bunch of Frontline with it, or did you just rely on the flea component of the Sentinel for the majority of your patients? Because if you're hoping to sell discount Sentinel and still make a profit, Novartis is counting on you to also sell their overpriced generic Frontline knockoff - I'm sorry, "Parastar Plus" - to make your profits, since you'll only be making pennies on your Sentinel. That's only going to last as long as it takes your clients to go remember they can get their real Frontline from Costco.
Vets, selling discount Sentinel is like undercutting the clinic down the block by charging $10 for a physical exam, instead of growing your practice by keeping your prices stable and practicing better medicine. It will come back to bite you. Screw this kamikaze scheme. These Novartis reps have their wallets in mind, and nobody else. Which, I realize, is the whole point of being a drug rep. Just... don't fall for it. Stick with whatever is currently keeping both your patients, and your accountant happy, for as long as you possibly can, until that shrunken pie strangles your choices.
Yes, your plan is to win marketshare while simultaneously wrecking the entire industry's long-term income potential.
I mean, I totally get it. You're hungry, business is business, screw the other guy, nowhere to go but up... I can already imagine the self-congratulatory rah rah chest bumping at Novartis HQ. I totally get why you're jumping back into the market like this, because anything is better than zero. It's a painfully greedy approach, but it makes sense from a bottom-feeder standpoint.
But to win market share by undercutting the competition instead of based on the quality of the product, is a seriously short-sighted approach. You're claiming a bigger piece of the pie by shrinking the whole pie. Obviously, you're going to sell product, because vets are not good business people and will buy anything that's on sale. The more discount Sentinel gets sold over more expensive products, the more the pie will shrink.
You'll sell a bunch of product to a bunch of starving vets, they'll all congratulate themselves for lowering costs, clients will get used to paying $60 for their pet's prevention instead of $160. Then a year will go by, the vets will get their yearly P&L from their accountant, and they'll say "oh crap, our costs dropped, but so did our profits! And now my fax is full of freakin' Foster and Smith requests because I've trained my clients to Google everything I prescribe them, and I tried to try to make more than $14 on a year of heartworm and flea stuff. Dammit, Novartis, what have you done?!" But by then, it'll be too late.
And then what, Trifexis will start selling for $20/box? One way or the other, everybody else playing this game could choose to fight back against you and attempt to beat you to the bottom, because it's not like Sentinel is the Best Drug Ever, it's just... you know... adequate. Your competitors will regain their share of the pie you shrunk, and everybody will go home 40% poorer than before. And it will be all your fault.
Any vet reading this, think about this - if you sold Sentinel back in the day, did you also sell a bunch of Frontline with it, or did you just rely on the flea component of the Sentinel for the majority of your patients? Because if you're hoping to sell discount Sentinel and still make a profit, Novartis is counting on you to also sell their overpriced generic Frontline knockoff - I'm sorry, "Parastar Plus" - to make your profits, since you'll only be making pennies on your Sentinel. That's only going to last as long as it takes your clients to go remember they can get their real Frontline from Costco.
Vets, selling discount Sentinel is like undercutting the clinic down the block by charging $10 for a physical exam, instead of growing your practice by keeping your prices stable and practicing better medicine. It will come back to bite you. Screw this kamikaze scheme. These Novartis reps have their wallets in mind, and nobody else. Which, I realize, is the whole point of being a drug rep. Just... don't fall for it. Stick with whatever is currently keeping both your patients, and your accountant happy, for as long as you possibly can, until that shrunken pie strangles your choices.
Funny. The new Frontline, Frontline Tritak, is actually a Parastar plus knock off. That's hilarious. Distributors have been dogging Parastar plus since its launch, and now they will be selling a knock off version of it for $7 more. Life couldn't be funnier
Do you read what you write?? You mentioned s-metheprene and the pateneted spreading of the Fipronil. So, how are they identical if those are different. I am in the south and Tritak is going gangbusters. Parastar Plus, not so much!
Do you read what you write?? You mentioned s-metheprene and the pateneted spreading of the Fipronil. So, how are they identical if those are different. I am in the south and Tritak is going gangbusters. Parastar Plus, not so much!