Cold medicine sales jump 32% as temperature swings reach 15 degrees Celsius; pharmaceutical companies race to book truck ad space for next year
500 vehicles cover 80% of pharmacies nationwide, maximizing brand exposure at the point of purchase
Panpyrin, Pancol and Coldaewon compete for prime spots; behind-the-scenes bidding for next year already heating up
As the change of seasons drives a surge in cold patients, pharmaceutical delivery trucks parked right outside pharmacy doors are emerging as a key marketing channel for drug companies.
Geo-Young, South Korea's top pharmaceutical distributor, said Tuesday that inquiries from pharmaceutical companies about vehicle wrap advertising for next year have been pouring in ahead of the peak cold medicine season.
The autumn-to-winter period is the busiest season for cold medicine demand. Daily temperature swings of 10 to 15 degrees Celsius have brought an early seasonal shift, pushing cold medicine sales at pharmacies sharply higher. According to CareInsight, a pharmacy data analytics service, sales of cough and cold medicines at pharmacies nationwide jumped 32.4% in the second week of this month — Sept. 6 to Sept. 12 — compared with the previous week.
With cold medicine marketing competition intensifying, pharmaceutical companies are taking notice of Geo-Young's nationwide distribution network. The company supplies medicines to about 80% of pharmacies across the country through more than 500 ad-wrapped delivery trucks. Because the trucks stop directly in front of pharmacies — precisely where customers walk when heading in to buy cold medicine — the vehicles are highly effective at imprinting a brand on consumers just before they enter.
Advertising industry observers describe the approach as a "brand recall" strategy — prompting consumers to think of a specific product at the moment just before they make a purchase decision. Lee An-guk, a director at outdoor advertising agency Seojin, said an advertisement seen right before a customer opens a pharmacy door "leaves the clearest impression in the consumer's memory and is most likely to translate into an actual purchase." Kim Seong-seon, a pharmacist at Woojin Medical Pharmacy in Guri, Gyeonggi Province, said it is not uncommon for customers to walk in and ask by name for "the medicine on the truck outside."
Delivery trucks have established themselves as the most powerful point-of-sale marketing medium available, aligning the movement of pharmaceutical goods with the consumer's path to purchase and boosting brand recognition at the critical final moment.
Geo-Young's delivery trucks currently carry major cold medicine brands by region. Dongwha Pharmaceutical's Panpyrin runs in Greater Seoul and Gangwon Province, Daewon Pharmaceutical's Coldaewon in the Yeongnam region, and Dong-A Pharmaceutical's Pancol in Daejeon and the Honam region.
Kim Seong-woo, head of public relations at Geo-Young, said inquiries from pharmaceutical companies seeking to lock in vehicle advertising for next year have been flooding in earlier than in previous years, reflecting growing demand for delivery truck ad space.
silverpaper@heraldcorp.com