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Multichannel Marketing

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What`s mutichannelmarketing in Pharma industry ?

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MULTI CHANNEL
MARKETING
DENİZ AKGÜN
INTERN
TABLE OF CONTENTS
• Multichannel Marketing Maximizes Brand Potential
• Market Challenges Have Changed Physician Behaviors
• Multichannel Marketing Solutions
• MCM Key Success Factors
• Two Effective MCM Approaches
• MCM Promotional Best Practices
• Steps to Develop Effective Data Solutions to Support
MCM Programs
• Conclusion
Multichannel Marketing Maximizes
Brand Potential
• Simply stated, a targeted, well-placed banner ad with a strong call-to-
action statement that leads to an e-detail can be more cost effective and
capture more physician time than a traditional sales call.
Market Challenges Have Changed
Physician Behaviors
• Increased financial pressure from payers has created a revolving door in
some physicians’ offices.
• Nonetheless, this pressure has led to physicians working faster and
smarter.
• There is a growing trend of physicians wanting to spend more time online.
• All this leads to greater opportunity for marketers to provide value in each
and every channel at the onset and then establish a dialogue based on a
meaningful exchange.
• Online channels and other less-intrusive
channels have become more accepted as the norm.
Multichannel Marketing
Solutions
Why is MCM a viable answer for HCPs?
Why should a pharmaceutical marketer implement a MCM program in the first
place? What follows are key reasons why MCM can make an impact above and
beyond brand impressions and sales force augmentation:
• HCP information and insights derived from such an effort will help to maximize
brand strategy and segmentation while allowing for reinforcement of brand
messages, particularly where direct-to-consumer advertising also is leveraged.
• A well-devised strategy can help to appropriately identify and recognize key
HCPs across multiple channels.
• Channel integration and a multi- touch point strategy can deliver a
differentiated customer experience for each HCP. (Cadence and frequency are
important to story flow.)
• Channel innovation – using best practice and the best technologies – provides
for a seamless delivery of the desired customer experience. That is the
communication mix for HCPs can be optimized using intelligent business rules
based on expressed and observed preferences and usage.
MCM Key Success Factors
A multichannel marketing solution should:
• Align to the brand strategy and creative platform while integrating direct
marketing tenets and channel best practices
• Incorporate a segmentation strategy that considers product lifecycle,
prescribing behavior, motivational attributes and rep call pattern
• Motivate segment-specific behavioral changes through differences in
messages and offers
• Deliver the message through an integrated mix of channels while
considering the HCP’s channel Preference
• Consider the company’s channel capabilities
• Deliver a measurable business impact

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Multichannel Marketing

  • 2. TABLE OF CONTENTS • Multichannel Marketing Maximizes Brand Potential • Market Challenges Have Changed Physician Behaviors • Multichannel Marketing Solutions • MCM Key Success Factors • Two Effective MCM Approaches • MCM Promotional Best Practices • Steps to Develop Effective Data Solutions to Support MCM Programs • Conclusion
  • 3. Multichannel Marketing Maximizes Brand Potential • Simply stated, a targeted, well-placed banner ad with a strong call-to- action statement that leads to an e-detail can be more cost effective and capture more physician time than a traditional sales call.
  • 4. Market Challenges Have Changed Physician Behaviors • Increased financial pressure from payers has created a revolving door in some physicians’ offices. • Nonetheless, this pressure has led to physicians working faster and smarter. • There is a growing trend of physicians wanting to spend more time online. • All this leads to greater opportunity for marketers to provide value in each and every channel at the onset and then establish a dialogue based on a meaningful exchange. • Online channels and other less-intrusive channels have become more accepted as the norm.
  • 5. Multichannel Marketing Solutions Why is MCM a viable answer for HCPs? Why should a pharmaceutical marketer implement a MCM program in the first place? What follows are key reasons why MCM can make an impact above and beyond brand impressions and sales force augmentation: • HCP information and insights derived from such an effort will help to maximize brand strategy and segmentation while allowing for reinforcement of brand messages, particularly where direct-to-consumer advertising also is leveraged. • A well-devised strategy can help to appropriately identify and recognize key HCPs across multiple channels. • Channel integration and a multi- touch point strategy can deliver a differentiated customer experience for each HCP. (Cadence and frequency are important to story flow.) • Channel innovation – using best practice and the best technologies – provides for a seamless delivery of the desired customer experience. That is the communication mix for HCPs can be optimized using intelligent business rules based on expressed and observed preferences and usage.
  • 6. MCM Key Success Factors A multichannel marketing solution should: • Align to the brand strategy and creative platform while integrating direct marketing tenets and channel best practices • Incorporate a segmentation strategy that considers product lifecycle, prescribing behavior, motivational attributes and rep call pattern • Motivate segment-specific behavioral changes through differences in messages and offers • Deliver the message through an integrated mix of channels while considering the HCP’s channel Preference • Consider the company’s channel capabilities • Deliver a measurable business impact
  • 7. Two Effective MCM Approaches Detail-by-mail is one effective MCM technique that has proven to break through clutter inprofessionals offices. There are several situations that are ideal for detail-by-mail marketing: *To complement the efforts of the field sales force to called-on HCPs *To reach “hard-to-see” or “no-see” HCPs *To communicate key brand messages to HCPs in vacant territories *To promote key strategic brands that have been allotted limited or no time in promotional schedules.
  • 8. MCM Promotional Best Practices • Before beginning any multichannel marketing program, a pharmaceutical marketer first must clearly establish objectives and create a measurement plan involving at least one, preferably more, of the following objectives: • Increase awareness about a product in general or about specific information related to the product • Generate an interaction or a request from a healthcare professional • Increase total prescriptions
  • 9. Steps to Develop Effective Data Solutions to Support MCM Programs • Step One: Build HCP Marketing Database • Step Two: Identify Meaningful Market Segments and HCP Behaviors • Step Three: Test and Target Marketing to Segments • Step Four: Set Metrics and Measurements • Step Five: Review and Evaluate
  • 10. Conclusion • To effectively implement multichannel marketing to HCPs requires leveraging resources, following best practices and developing effective, efficient MCM data marketing models.
  • 11. ANY QUESTİONS? THANK YOU FOR YOUR ATTENTİON