Why do some products achieve immense commercial success and others flop? We think it's partly to do with how they're launched and marketed to early adopters. Find out how you too can design effective product sampling campaigns to ensure your new innovation is adopted and taken up.
Success Factors and Failure Points in Metabolic Product Launches Report SummaryBest Practices
Biopharmaceutical companies invest large amount of resources to develop and launch new products for metabolic therapeutic areas. However, the complexity of a new metabolic product launch is compounded by the many pitfalls that are part of the market-entry landscape.
Best Practices
®, LLC undertook this research to showcase current and future risk levels for various pitfalls across critical launch fronts that can derail a new metabolic product. Pharmaceutical launch executives can use this study to better understand the potential pitfalls and stumbling blocks that they'll have to navigate as part of a new metabolic product entering the market.
Study Overview–-
This study explores the executive insights, best practices and lessons learned to avoid common pitfalls while launching a new metabolic product into market.
About the Benchmark Class -
Forty four executives from 38 leading companies including Abbott, Amgen, Baxter, Bayer, Eisai, GlaxoSmithKline, Merck, Novartis, and Roche participated in this study. Majority of the respondents were at vice president or director level.
Section 1: Study Background --
Reviews the study background, the research approach, methodology, participant demographics, the benchmark class and key findings.
Section 2: Topical chapters --
Outlines valuable insights and findings from the study that includes pitfalls & stumbling blocks, lessons learned and best practices and future changes. Pitfalls chapter reviews current and future risk levels for these metabolic launch factors: product shaping, market shaping, physician, patient, payer, internal and regulatory.
Pharma Presentation - Marketing the FutureAbisheik12
For many years, pharmaceutical companies decided what their products were worth, and priced them accordingly. But healthcare policy-makers, payers and patient groups are now playing an increasingly important role in the valuation process – and this trend will accelerate, as healthcare expenditure everywhere continues to soar.
Growth Hacking tips for your new product and its launch. Tips for B2C products with large public appeal. This short presentation is meant to boost your digital marketing and launch strategy.
Success Factors and Failure Points in Metabolic Product Launches Report SummaryBest Practices
Biopharmaceutical companies invest large amount of resources to develop and launch new products for metabolic therapeutic areas. However, the complexity of a new metabolic product launch is compounded by the many pitfalls that are part of the market-entry landscape.
Best Practices
®, LLC undertook this research to showcase current and future risk levels for various pitfalls across critical launch fronts that can derail a new metabolic product. Pharmaceutical launch executives can use this study to better understand the potential pitfalls and stumbling blocks that they'll have to navigate as part of a new metabolic product entering the market.
Study Overview–-
This study explores the executive insights, best practices and lessons learned to avoid common pitfalls while launching a new metabolic product into market.
About the Benchmark Class -
Forty four executives from 38 leading companies including Abbott, Amgen, Baxter, Bayer, Eisai, GlaxoSmithKline, Merck, Novartis, and Roche participated in this study. Majority of the respondents were at vice president or director level.
Section 1: Study Background --
Reviews the study background, the research approach, methodology, participant demographics, the benchmark class and key findings.
Section 2: Topical chapters --
Outlines valuable insights and findings from the study that includes pitfalls & stumbling blocks, lessons learned and best practices and future changes. Pitfalls chapter reviews current and future risk levels for these metabolic launch factors: product shaping, market shaping, physician, patient, payer, internal and regulatory.
Pharma Presentation - Marketing the FutureAbisheik12
For many years, pharmaceutical companies decided what their products were worth, and priced them accordingly. But healthcare policy-makers, payers and patient groups are now playing an increasingly important role in the valuation process – and this trend will accelerate, as healthcare expenditure everywhere continues to soar.
Growth Hacking tips for your new product and its launch. Tips for B2C products with large public appeal. This short presentation is meant to boost your digital marketing and launch strategy.
Final presentation for Principles of Marketing (Managment 331) course
Purpose: Present marketing plan, including research, execution and evaluation, for a product (either in existence or imaginary)
Product Managers have to be great salesmen. Orangescrum is trusted by product managers to plan their product roadmap, groom the backlogs, run feature sprints and ship quality products.
Social Customer Service 2014 - How Social Media is transforming Customer Se...Die Socialisten
How Social Media is transforming Customer Service - Expectations & Chances
Customer Support on Social Media - What reaction-time do customers expect?
How fast do you expect a company to respond when you ask a question or post a message at their Facebook page?
How fast do you expect a response when you post a question or complaint via Twitter?
Spotlight On... The Pharma Customer ExperienceCOUCH Health
In this edition, we’re shining our spotlight on the pharma customer experience. We discuss what customer experience really means in pharma, how it’s developing, who your audience is and why measuring emotion is vital.
Read online or download your free copy now! Then be sure to get in touch with us with any feedback or insights you have too – we’d love to continue the discussion…
7 P's of Digital Pharma Marketing by Tughan DemirbilekTughan Demirbilek
About the 7 P’s of Digital Pharma Marketing
The 7P’s of Digital Pharma Marketing is a summary of some important things I’ve learned over years in practice. I hope you find them useful. Please feel free to share with others and contribute your own learnings and experiences.
About me
I am a designer, a strategist and a marketeer.
I’ve been in pharma marketing for over 15 years and have been working on digital marketing projects for over 10.
I’ve worked for Pfizer, IMS Health, Herbalife and BMS in local and regional roles.
I studied architecture in Istanbul and business in London, and I reinvent my career every ten years.
PS: The 7P’s originally started as a training slide set of 5 topics and evolved to 7 over time. And yes, 7P’s is probably easier to remember than 4P’s 2T’s and 1S or something like that.
You may email me at tughan777@gmail.com or follow me on Twitter @tughan777
You're driving down the highway, when suddenly you spot a police officer or a state trooper in your rearview mirror. You're driving the speed limit; your tags are up-to-date, yet you suddenly feel guilty – like you've done something wrong.
This is how the FDA makes us feel when it comes to running direct-to-consumer (DTC) advertising for medical devices and pharmaceuticals. More often than not, you aren't doing anything wrong. But your anxiety levels run high as soon as you step on the gas.
Critical stage before scaling growth activities is to find/increase product/market fit. Here is a playbook with tools and examples for our strategy for product/market fit with our mobile app products.
Final presentation for Principles of Marketing (Managment 331) course
Purpose: Present marketing plan, including research, execution and evaluation, for a product (either in existence or imaginary)
Product Managers have to be great salesmen. Orangescrum is trusted by product managers to plan their product roadmap, groom the backlogs, run feature sprints and ship quality products.
Social Customer Service 2014 - How Social Media is transforming Customer Se...Die Socialisten
How Social Media is transforming Customer Service - Expectations & Chances
Customer Support on Social Media - What reaction-time do customers expect?
How fast do you expect a company to respond when you ask a question or post a message at their Facebook page?
How fast do you expect a response when you post a question or complaint via Twitter?
Spotlight On... The Pharma Customer ExperienceCOUCH Health
In this edition, we’re shining our spotlight on the pharma customer experience. We discuss what customer experience really means in pharma, how it’s developing, who your audience is and why measuring emotion is vital.
Read online or download your free copy now! Then be sure to get in touch with us with any feedback or insights you have too – we’d love to continue the discussion…
7 P's of Digital Pharma Marketing by Tughan DemirbilekTughan Demirbilek
About the 7 P’s of Digital Pharma Marketing
The 7P’s of Digital Pharma Marketing is a summary of some important things I’ve learned over years in practice. I hope you find them useful. Please feel free to share with others and contribute your own learnings and experiences.
About me
I am a designer, a strategist and a marketeer.
I’ve been in pharma marketing for over 15 years and have been working on digital marketing projects for over 10.
I’ve worked for Pfizer, IMS Health, Herbalife and BMS in local and regional roles.
I studied architecture in Istanbul and business in London, and I reinvent my career every ten years.
PS: The 7P’s originally started as a training slide set of 5 topics and evolved to 7 over time. And yes, 7P’s is probably easier to remember than 4P’s 2T’s and 1S or something like that.
You may email me at tughan777@gmail.com or follow me on Twitter @tughan777
You're driving down the highway, when suddenly you spot a police officer or a state trooper in your rearview mirror. You're driving the speed limit; your tags are up-to-date, yet you suddenly feel guilty – like you've done something wrong.
This is how the FDA makes us feel when it comes to running direct-to-consumer (DTC) advertising for medical devices and pharmaceuticals. More often than not, you aren't doing anything wrong. But your anxiety levels run high as soon as you step on the gas.
Critical stage before scaling growth activities is to find/increase product/market fit. Here is a playbook with tools and examples for our strategy for product/market fit with our mobile app products.
Adverstisement Process and Advertising SquareAnkit Gupta
This particular presentation will help in understanding the definition, purpose, features and objectives of advertisement. Also, it helps to gain knowledge about the advertising process and AIDA model.
I am sharing the Product Launch Plan for healthcare and Medical devices purpose, You can take some ideas from this slide and might be it will be useful for you for making some Product launch Plan.
FACING COMPETITION IN THE ONLINE PRINTING BUSINESS, WHICH IS GETTING TOUGHERAndry Yuniadi
The age of the Internet, now is the era of online business. It can be said that at present almost all industrial sectors, including the printing industry, have made transactions online, with the advantages of:
• Unlimited market potential
• The online system works automatically
• Capital is relatively smaller, with a smaller risk
• Flexible, can be run anytime and from / anywhere
It's another new era of digital and marketers are faced with making big bets on their digital strategy. If you are looking at modernizing your tech stack to support your digital evolution, there are a few can't miss (often overlooked) areas that should be part of every conversation. We'll cover setting your vision, avoiding siloes, adding a democratized approach to data strategy, localization, creating critical governance requirements and more. Attendees will walk away with actions they can take into initiatives they are running today and consider for the future.
The What, Why & How of 3D and AR in Digital CommercePushON Ltd
Vladimir Mulhem has over 20 years of experience in commercialising cutting edge creative technology across construction, marketing and retail.
Previously the founder and Tech and Innovation Director of Creative Content Works working with the likes of Next, John Lewis and JD Sport, he now helps retailers, brands and agencies solve challenges of applying the emerging technologies 3D, AR, VR and Gen AI to real-world problems.
In this webinar, Vladimir will be covering the following topics:
Applications of 3D and AR in Digital Commerce,
Benefits of 3D and AR,
Tools to create, manage and publish 3D and AR in Digital Commerce.
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
The Secret to Engaging Modern Consumers: Journey Mapping and Personalization
In today's digital landscape, understanding the customer's journey and delivering personalized experiences are paramount. This masterclass delves into the art of consumer journey mapping, a powerful technique that visualizes the entire customer experience across touchpoints. Attendees will learn how to create detailed journey maps, identify pain points, and uncover opportunities for optimization. The presentation also explores personalization strategies that leverage data and technology to tailor content, products, and experiences to individual customers. From real-time personalization to predictive analytics, attendees will gain insights into cutting-edge approaches that drive engagement and loyalty.
Key Takeaways:
Current consumer landscape; Steps to mapping an effective consumer journey; Understanding the value of personalization; Integrating mapping and personalization for success; Brands that are getting It right!; Best Practices; Future Trends
10 Video Ideas Any Business Can Make RIGHT NOW!
You'll never draw a blank again on what kind of video to make for your business. Go beyond the basic categories and truly reimagine a brand new advanced way to brainstorm video content creation. During this masterclass you'll be challenged to think creatively and outside of the box and view your videos through lenses you may have never thought of previously. It's guaranteed that you'll leave with more than 10 video ideas, but I like to under-promise and over-deliver. Don't miss this session.
Key Takeaways:
How to use the Video Matrix
How to use additional "Lenses"
Where to source original video ideas
Digital marketing is the art and science of promoting products or services using digital channels to reach and engage with potential customers. It encompasses a wide range of online tactics and strategies aimed at increasing brand visibility, driving website traffic, generating leads, and ultimately, converting those leads into customers.
https://nidmindia.com/
When most people in the industry talk about online or digital reputation management, what they're really saying is Google search and PPC. And it's usually reactive, left dealing with the aftermath of negative information published somewhere online. That's outdated. It leaves executives, organizations and other high-profile individuals at a high risk of a digital reputation attack that spans channels and tactics. But the tools needed to safeguard against an attack are more cybersecurity-oriented than most marketing and communications professionals can manage. Business leaders Leaders grasp the importance; 83% of executives place reputation in their top five areas of risk, yet only 23% are confident in their ability to address it. To succeed in 2024 and beyond, you need to turn online reputation on its axis and think like an attacker.\
Key Takeaways:
- New framework for examining and safeguarding an online reputation
- Tools and techniques to keep you a step ahead
- Practical examples that demonstrate when to act, how to act and how to recover
First Things First: Building and Effective Marketing Strategy
Too many companies (and marketers) jump straight into activation planning without formalizing a marketing strategy. It may seem tedious, but analyzing the mindset of your targeted audiences and identifying the messaging points most likely to resonate with them is time well spent. That process is also a great opportunity for marketers to collaborate with sales leaders and account managers on a galvanized go-to-market approach. I’ll walk you through the methods and tools we use with our clients to ensure campaign success.
Key Takeaways:
-Recognize the critical role of strategy in marketing
-Learn our approach for building an actionable, effective marketing strategy
-Receive templates and guides for developing a marketing strategy
Short video marketing has sweeped the nation and is the fastest way to build an online brand on social media in 2024. In this session you will learn:- What is short video marketing- Which platforms work best for your business- Content strategies that are on brand for your business- How to sell organically without paying for ads.
Monthly Social Media News Update May 2024Andy Lambert
TL;DR. These are the three themes that stood out to us over the course of last month.
1️⃣ Social media is becoming increasingly significant for brand discovery. Marketers are now understanding the impact of social and budgets are shifting accordingly.
2️⃣ Instagram’s new algorithm and latest guidance will help us maintain organic growth. Instagram continues to evolve, but Reels remains the most crucial tool for growth.
3️⃣ Collaboration will help us unlock growth. Who we work with will define how fast we grow. Meta continues to evolve their Creator Marketplace and now TikTok are beginning to push ‘collabs’ more too.
Most small businesses struggle to see marketing results. In this session, we will eliminate any confusion about what to do next, solving your marketing problems so your business can thrive. You’ll learn how to create a foundational marketing OS (operating system) based on neuroscience and backed by real-world results. You’ll be taught how to develop deep customer connections, and how to have your CRM dynamically segment and sell at any stage in the customer’s journey. By the end of the session, you’ll remove confusion and chaos and replace it with clarity and confidence for long-term marketing success.
Key Takeaways:
• Uncover the power of a foundational marketing system that dynamically communicates with prospects and customers on autopilot.
• Harness neuroscience and Tribal Alignment to transform your communication strategies, turning potential clients into fans and those fans into loyal customers.
• Discover the art of automated segmentation, pinpointing your most lucrative customers and identifying the optimal moments for successful conversions.
• Streamline your business with a content production plan that eliminates guesswork, wasted time, and money.
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthDemandbase
In this session, Demandbase’s Stephanie Quinn, Sr. Director of Integrated and Digital Marketing, Devin Rosenberg, Director of Sales, and Kevin Rooney, Senior Director of Sales Development will share how sales and marketing shapes their day-to-day and what key areas are needed for true alignment.
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Valters Lauzums
E-commerce in 2024 is characterized by a dynamic blend of opportunities and significant challenges. Supply chain disruptions and inventory shortages are critical issues, leading to increased shipping delays and rising costs, which impact timely delivery and squeeze profit margins. Efficient logistics management is essential, yet it is often hampered by these external factors. Payment processing, while needing to ensure security and user convenience, grapples with preventing fraud and integrating diverse payment methods, adding another layer of complexity. Furthermore, fulfillment operations require a streamlined approach to handle volume spikes and maintain accuracy in order picking, packing, and shipping, all while meeting customers' heightened expectations for faster delivery times.
Amid these operational challenges, customer data has emerged as an important strategy. By focusing on personalization and enhancing customer experience from historical behavior, businesses can deliver improved website and brand experienced, better product recommendations, optimal promotions, and content to meet individual preferences. Better data analytics can also help in effectively creating marketing campaigns, improving customer retention, and driving product development and inventory management.
Innovative formats such as social commerce and live shopping are beginning to impact the digital commerce landscape, offering new ways to engage with customers and drive sales, and may provide opportunity for brands that have been priced out or seen a downturn with post-pandemic shopping behavior. Social commerce integrates shopping experiences directly into social media platforms, tapping into the massive user bases of these networks to increase reach and engagement. Live shopping, on the other hand, combines entertainment and real-time interaction, providing a dynamic platform for showcasing products and encouraging immediate purchases. These innovations not only enhance customer engagement but also provide valuable data for businesses to refine their strategies and deliver superior shopping experiences.
The e-commerce sector is evolving rapidly, and businesses that effectively manage operational challenges and implement innovative strategies are best positioned for long-term success.
SMM Cheap - No. 1 SMM panel in the worldsmmpanel567
Boost your social media marketing with our SMM Panel services offering SMM Cheap services! Get cost-effective services for your business and increase followers, likes, and engagement across all social media platforms. Get affordable services perfect for businesses and influencers looking to increase their social proof. See how cheap SMM strategies can help improve your social media presence and be a pro at the social media game.
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Life Sciences Technical Marketing: Five Elements of Highly Effective Sampling Campaigns
1. Five Elements of Highly
Effective Sampling Campaigns
THOUGHT LEADERSHIP FOR B2B LIFE SCIENCES COMPANIES
SCIENOPSIS
2. The success of a product and even an entire enterprise often hinges on how well their respective
markets adopt and take up newly launched products.
It is not enough to create innovative products, success in the market place requires the creation
of processes aligned with consumers’ uptake journeys.
Thus, an effective sampling campaign requires an understanding of the customer adoption
process and how sampling fits in this process.
3. There are generally five stages in the product adoption process: P
.
This is when customers become aware that a product/service is on the market. Awareness is
everything: if customers do not know about a product it doesn’t exist!
Therefore your company ought to create different informational materials that raise awareness.
Needless to say informational materials should also be easily accessible.
A strong social presence facilitates wider reach at a relatively low cost.
4. In the second stage, consumers learn more about the new product and/or service. At this stage,
it is important that companies work to guide customers through this phase by providing easily
accessible information about the benefits the product or service brings.
Among the methods that are most successful today are a website describing the product, blog
posts, tutorial or instructional videos, white papers, and other sources of info that the potential
consumer can review in depth.
When customers need a more specific answer, it is essential for them to have access to a
technical resource to walk them through the new product and resolve any issues quickly.
5. Prior to purchasing, customers assess, compare and evaluate the product/service. The more
critical, complex or expensive the product/service relative to their existing is product/service is,
the more intense will be the evaluation process.
Today, customers are going online and using social media to probe and inquire about your
product or service. This is why information that sets out why a product is different and the
benefits it brings to the table relative to the opposition, must be available at this point.
Within the life sciences, webinars are a great channel because they permit in depth
communication to potential customers while also offering opportunities for Q&A.
6. This is the stage where the customer takes the step to test out the product/service. There is
nothing more impactful than a customer actually trialing out a product or service for
themselves. At this point, companies should provide their customers with free trial material.
It is critical to set the customer expectations correctly and deliver on said expectations.
The kind of information needed at this point should include application data sheets,
quality/regulatory information, certifications, etc., to facilitate confident trialing/evaluation.
7. Stage 5 is the product adoption stage. Here, the customer is ready to purchase the new
product/service. All companies aspire to get their customers to this stage.
When the customer is here, your company must ensure that the product is available, easy to
purchase and the purchase process is simple and pain free.
8. As we have seen, customer adoption is key to the success
of any new product or service. It is therefore important to
create a strategy and the necessary tools that successfully
take customers through these 5 stages.
Marketers are familiar with the strategic concept of
Segmentation, Targeting and Positioning (STP). STP is
relevant to sampling, too, as it seeks to identify specific
niches and personas, to prioritize a proposition. The idea
here is to focus on early adopters and innovators who often
have the resources and desire to try out new things.
9. After early adopters/innovators have been identified, it is important to create relevant tools
that communicate the usefulness and ease of use of the new product.
Therefore, you should aim to provide tools and/or apps on product selection/application, as
well as concept/formulae to inspire customers.
In addition, samples should have clear labeling, relevant documentation and application stories
to drive intention to use.
10. Let’s face it – no body wants to buy a product that’s unexciting. It is the same with sample trials.
So creating an early buzz and building on it will work magic in helping ensure the sampling
campaign launches with a roar rather than a whisper. Here is how:
● Bring on board opinion leaders/influencers early
● Host an event about your product or speak at an event/conference, and demonstrate its
utility/innovativeness
● Write guest articles in relevant trade magazines
● Reach out to journalists and PR professionals to profile the product/service
● Get early adopters to provide reviews/feedback about the product
● Distribute press releases on social media, PR sites/trade magazines
11. In today’s fast-paced marketplace, customers want
things quickly and conveniently.
In almost all situations, decisions about what
products/services to use will be based on ease of
access (as well as ease of use). This has implications
for new products/services - if they are perceived as
arduous and difficult to access, few will adopt them.
This is why your company ought to provide multi-
channel sample ordering options, backed by a
reliable logistics partner.
12. 5. Track and Follow-up
There’s a saying that goes like this: the fortune is in the follow-up. How true this is for sampling!
After customers take samples for evaluation, companies should track and gather relevant
information and statistics on who’s is sampling and why.
Follow-up not only helps assure customers that the company is committed to supporting
them through the adoption process but it will ultimately help turn samples into sales.
13. About Scienopsis
Scienopsis is a London-based, full-service technical marketing agency that assists life sciences B2B companies with
sales and/or marketing implementation of complex, technical products, solutions and technologies.
We are experts at crafting winning marketing strategies, PR & content marketing, trade shows/experiential, customer
events, sampling and, lead generation, contract/outsourced sales and marketing services, that unlock deep loyalty and
customer acquisition.
Our core clients are manufacturers and distributors of excipients, fine ingredients, technologies and solutions for
pharmaceutical, cosmetic and food sectors.
Our intelligent approach to sampling is the smart way to drive trialing and speed up adoption. We are able to provide
a complete service, working closely with clients, to execute campaigns that address specific business needs, whilst
providing maximum payback. This includes sample preparation, distribution, user analysis and training, as needed.
So whether you’re launching a brand new product, a new version of an existing product range or you just want to raise
awareness of your brand, you can be sure that our sampling solution will increase trial and drive sales.
If you require more information or a confidential consultation, do get in touch.
Scienopsis
CEME Campus • Marsh Way
Rainham, London • RM13 8EU
+44 (0) 20 8 596 5400 •
info@scienopsis.com
www.scienopsis.com
14. Web: www.scienopsis.com
Tel: +44 (0) 208 596 5400
Email: info@scienopsis.com
SCIENOPSIS Ltd
CEME Campus
Marsh Way
London
RM13 8EU