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Selling
                 Digital Pharma
                      2011
                                           Caution, honest opinions ahead...
                                           Richard.Lucas@tangent90.co.uk
Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
Digital Pharma Market Status 2011

         •    2011 is a year of amazing transition. I anticipate that Tablets and
              Smartphones will continue to revolutionise the dialogue with digital
              consumers including Pharma customers.

         •    All companies are experimenting with a variety of platforms and
              portals. Social networks are consolidating and analytics are being
              utilised to benchmark and inform the marketing process.

         •    Physicians are inventing Apps(!) and breakthrough digital services are
              being requested and provisioned. However, it is important to ensure
              that the best of the old is not thrown out with the new.


Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
Regulatory Guidelines




                                         Follow the industry rules
Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
Where do digital leads come from?
              Entrepreneurial approaches to clients about current marketing challenges

              Quick wins from previous effort, contractual or perceived exclusivity

              Referral network, social site (groups & contacts) and web leads

              Day to day client account management

              New account selling, usually with a pitch or creds presentation

              Handover meetings (when team changes happen and new staff are introduced)

              Business networking activity and events

              ‘Accidental’ social meetings

    Make sure you keep all your sales channels open, it’s not just about ‘hitting the phones’

Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
What Digital tactics are being bought by Pharma Clients?
                                                                        Aggregating digital reporting tools and
              Closed Loop Marketing - Tablet & Web
                                                                        Business Intelligence
              based digital detailing
                                                                        Novel Scientific booth activities and
              iPhone / iPad App development
                                                                        'innovation' such as QR codes (all talk
                                                                        little action) & Natural User Interfaces
              Online Advisory boards
                                                                        Patient services (eDiary, QoL tools)
              eReprints & Publisher driven solutions
                                                                        ‘Old’ Favorites - 3D MOA, Quiz/Survey
              Stock Control / Project control                           & KOL engagement
              Social monitoring (but not social sites)                  Budget consolidation country to global

                                      Pharma marketeers buy a lot of digital
Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
Where does Digital fit in Pharma marketing?

                                                      Competitive
   Licensed Product                                                                                 Identified Need
                                                     Evidence Base

     Great Content                                  Great Delivery                                  Successful AMP

                                                                                                   Funded & Willing
   Informed Patients                              Educated Doctors
                                                                                                       Payers

                                                                                                           Customers

  Sell projects that add ‘great delivery’ to sales and marketing
Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
The Pharmaceutical Marketing ‘Team’
            Every member of the team has to ‘buy’ the project

                 Country/Global manager                                    Product manager

                Medical Portfolio                                          Marketing manager
                manager
                                                                           Medical Agency
                Legal & Regulatory
                manager                                                    And finally... Your team


Involve the key team members early and ensure their views are included in the specification


Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
What do Account Managers need to do to sell projects?
        Qualify the project                                             Make sure you differentiate and bring a
                                                                        unique perspective, price(!) and appeal
          Is there a budget and a brief?
                                                                        Ensure the right skills in your team
          Do the agency and client support the
          project?                                                        Are you the best project lead?

          Is the project needed and is it needed                          Bring in ‘seasoned’ skills
          right now?
                                                                          Make sure your team ‘gel’ with the
          Who are the competition?                                        client through personality,
                                                                          communication/management style or
          Identify and canvas the buyers                                  male/female bias

         Qualify your leads, train hard, build your team, methodically expand your network,
                  research well, develop your own insights and present your ideas
Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
Basic checklist for agency proposals
               The proposal demonstrates understanding of the audience, market and product.
               The language and explanation are compatible with the client
               ROI, Bottom line benefits or Critical Success Factors are stated and understood
               All stakeholders have been canvassed as part of the proposal process
               Legal and regulatory approval is feasible
               Budget is adequate
               Sign-off process is agreed

        Ask a lot of questions and sell projects you understand and that are ‘deliverable’



Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
Try to turn crosses into ticks!
             X Website centric                                             Solution focused digital consumer client
               (‘i must have a website’)                                   (‘solve my marketing problem’)

             X Brand ‘nice to have’                                        Integral part of the ‘marketing mix’

             X Short Term, Project focused & Partner Shy                   Lifetime focused and refined over time

             X Manager dependent                                           Partner Friendly with Team Delivery

              X Inconsistent and Ad-hoc Maintenance                        Systemised approach

             X Pushing and Selling                                         Structured support and maintenance

          Sell today’s reality but realise that more clients do now see digital as strategic.
            Be vigilant and manage the technical risks of short term tactical thinking

Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
Why does a marketeer buy a digital project?

      Increase sales/customer engagement
                                                                         Competitor activity
      Fulfils brand objectives
                                                                         Imaginative use of technology
      Differentiating tactic for attracting
                                                                         Uses up spare budget
      delegates to our booths
                                                                         Sales force is being down-sized and/or
      Peer recognition and Career
                                                                         product is going off patent
      development

               Marketeers are motivated by their own immediate objectives, this year,
                           make sure you satisfy this requirement first

Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
Selling Digital Pharma 2011
            Follow the industry rules
            Pharma marketeers buy a lot of digital
            Sell projects that add value and ‘great delivery’ to sales and marketing
            Involve key team members early and ensure their views are included in the specification
            Qualify your leads, train hard, build your team, methodically expand your network, research well, develop
            your own insights and present your ideas
            Ask a lot of questions, sell projects you understand and that are ‘deliverable’
            ‘sell today’s reality’. Increasingly clients perceive that digital is strategic
            Be vigilant and manage the technical risks of all your projects
            Make sure you keep all your sales channels open
            Marketeers are motivated by their own immediate objectives, this year, make sure you satisfy
            this requirement first


Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
Thank You
                                                 Do get in touch!

           Especially if you need help with your Pharma Digital sales or delivery.
                               richard.lucas@tangent90.co.uk
                                        Twitter: rlv360




Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
Thank You
                                                 Do get in touch!

           Especially if you need help with your Pharma Digital sales or delivery.
                               richard.lucas@tangent90.co.uk
                                        Twitter: rlv360




Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...

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Selling Digital Pharma 2011

  • 1. Selling Digital Pharma 2011 Caution, honest opinions ahead... Richard.Lucas@tangent90.co.uk Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 2. Digital Pharma Market Status 2011 • 2011 is a year of amazing transition. I anticipate that Tablets and Smartphones will continue to revolutionise the dialogue with digital consumers including Pharma customers. • All companies are experimenting with a variety of platforms and portals. Social networks are consolidating and analytics are being utilised to benchmark and inform the marketing process. • Physicians are inventing Apps(!) and breakthrough digital services are being requested and provisioned. However, it is important to ensure that the best of the old is not thrown out with the new. Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 3. Regulatory Guidelines Follow the industry rules Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 4. Where do digital leads come from? Entrepreneurial approaches to clients about current marketing challenges Quick wins from previous effort, contractual or perceived exclusivity Referral network, social site (groups & contacts) and web leads Day to day client account management New account selling, usually with a pitch or creds presentation Handover meetings (when team changes happen and new staff are introduced) Business networking activity and events ‘Accidental’ social meetings Make sure you keep all your sales channels open, it’s not just about ‘hitting the phones’ Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 5. What Digital tactics are being bought by Pharma Clients? Aggregating digital reporting tools and Closed Loop Marketing - Tablet & Web Business Intelligence based digital detailing Novel Scientific booth activities and iPhone / iPad App development 'innovation' such as QR codes (all talk little action) & Natural User Interfaces Online Advisory boards Patient services (eDiary, QoL tools) eReprints & Publisher driven solutions ‘Old’ Favorites - 3D MOA, Quiz/Survey Stock Control / Project control & KOL engagement Social monitoring (but not social sites) Budget consolidation country to global Pharma marketeers buy a lot of digital Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 6. Where does Digital fit in Pharma marketing? Competitive Licensed Product Identified Need Evidence Base Great Content Great Delivery Successful AMP Funded & Willing Informed Patients Educated Doctors Payers Customers Sell projects that add ‘great delivery’ to sales and marketing Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 7. The Pharmaceutical Marketing ‘Team’ Every member of the team has to ‘buy’ the project Country/Global manager Product manager Medical Portfolio Marketing manager manager Medical Agency Legal & Regulatory manager And finally... Your team Involve the key team members early and ensure their views are included in the specification Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 8. What do Account Managers need to do to sell projects? Qualify the project Make sure you differentiate and bring a unique perspective, price(!) and appeal Is there a budget and a brief? Ensure the right skills in your team Do the agency and client support the project? Are you the best project lead? Is the project needed and is it needed Bring in ‘seasoned’ skills right now? Make sure your team ‘gel’ with the Who are the competition? client through personality, communication/management style or Identify and canvas the buyers male/female bias Qualify your leads, train hard, build your team, methodically expand your network, research well, develop your own insights and present your ideas Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 9. Basic checklist for agency proposals The proposal demonstrates understanding of the audience, market and product. The language and explanation are compatible with the client ROI, Bottom line benefits or Critical Success Factors are stated and understood All stakeholders have been canvassed as part of the proposal process Legal and regulatory approval is feasible Budget is adequate Sign-off process is agreed Ask a lot of questions and sell projects you understand and that are ‘deliverable’ Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 10. Try to turn crosses into ticks! X Website centric Solution focused digital consumer client (‘i must have a website’) (‘solve my marketing problem’) X Brand ‘nice to have’ Integral part of the ‘marketing mix’ X Short Term, Project focused & Partner Shy Lifetime focused and refined over time X Manager dependent Partner Friendly with Team Delivery X Inconsistent and Ad-hoc Maintenance Systemised approach X Pushing and Selling Structured support and maintenance Sell today’s reality but realise that more clients do now see digital as strategic. Be vigilant and manage the technical risks of short term tactical thinking Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 11. Why does a marketeer buy a digital project? Increase sales/customer engagement Competitor activity Fulfils brand objectives Imaginative use of technology Differentiating tactic for attracting Uses up spare budget delegates to our booths Sales force is being down-sized and/or Peer recognition and Career product is going off patent development Marketeers are motivated by their own immediate objectives, this year, make sure you satisfy this requirement first Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 12. Selling Digital Pharma 2011 Follow the industry rules Pharma marketeers buy a lot of digital Sell projects that add value and ‘great delivery’ to sales and marketing Involve key team members early and ensure their views are included in the specification Qualify your leads, train hard, build your team, methodically expand your network, research well, develop your own insights and present your ideas Ask a lot of questions, sell projects you understand and that are ‘deliverable’ ‘sell today’s reality’. Increasingly clients perceive that digital is strategic Be vigilant and manage the technical risks of all your projects Make sure you keep all your sales channels open Marketeers are motivated by their own immediate objectives, this year, make sure you satisfy this requirement first Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 13. Thank You Do get in touch! Especially if you need help with your Pharma Digital sales or delivery. richard.lucas@tangent90.co.uk Twitter: rlv360 Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...
  • 14. Thank You Do get in touch! Especially if you need help with your Pharma Digital sales or delivery. richard.lucas@tangent90.co.uk Twitter: rlv360 Let me know what you think, favorite this presentation and visit www.tangent90.co.uk if you want more...