Pharma Marketer's Guide 2020
Pharma Marketer's Guide 2020
Pharma Marketer's Guide 2020
Introduction
2. The challenges
3. Segmenting the market
4. Creative marketing ideas
5. Ethics
6. Differentiation
7. Marketing strategies
8. Launching new products
9. Marketing plan process
10. The need for omnichannel
11. Recommended software
12. Market research
13. Publications (for your research)
14. Summary
An industry with advanced techniques, patented products, generic/brand medications
and medical devices is always going to bring with it challenges. For the
pharmaceutical marketer, there are often more challenges than there are solutions
arising alongside such manufacturing complexities.
Pharmaceutical marketing is a tricky business. There is a great deal to say but often
we are constrained in how we get the message across. Of course, print and digital
display are first on the list of ideas, but there is more beyond this for pharmaceutical
marketing professionals.
This pharmaceutical marketer’s guide will help you overcome those challenges.
This guide includes 14 chapters focussed on providing you with a full overview of the
implications involved within pharmaceutical marketing, more so, B2B pharmaceutical
marketing. We’ll begin with the challenges and then explore some ideas and
strategies that will help you promote your organisation and its products/services in an
ethical manner.
We’ll also look at how to differentiate those products and launch them within the
market for full impact. Included within this guide is also a 6-point marketing plan
process which you can use as a template in creating your full plan. Finally, we also
present our recommendations of marketing technology/software to power your
marketing efforts.
All marketing teams face common challenges, such as the challenge of generating
leads, securing adequate budget for proposed marketing activities or proving the ROI
for those marketing activities. Here are 11 challenges specific to B2B marketers in the
science sectors that we are already aware of, and we'll also speculate on what lies
ahead which may shape marketing initiatives in the near future.
The traditional nature of pharma is potentially holding back the potential of its
marketing initiatives, with budgets sometimes allocated to more traditional methods
and digital opportunities not exploited in the full. Of course, the pharma industry is
adopting more and more digital initiatives, but at present, and as we have witnessed
previously, it is always one step behind which creates a challenge for the marketers.
This creates a challenge for marketers, as the weight of new business leans more on
marketers than sales in an industry where it has always been the other way around.
An article in PMLive suggests that marketers need to use digital to optimise B2B
pharma sales, but with limited experience and/or no historical data from such
initiatives, marketers are presented with a challenge. Where to start?
4. POLICY REFORMS
If you have worked in the pharma industry long enough, this won't be new. Policy
reforms and new regulations happen often, and there is no sitting on the fence; most
pharmaceutical organisations will need to comply. This impacts how products are
manufactured and sold, and also how they are marketed. The pharma supply chain, in
the B2B markets, is also affected where marketing efforts, initiatives and messages,
such as content marketing, often require altering.
The legal and regulatory environment will always pose threats to pharmaceutical
organisations and marketers will always be presented with challenges. The
challenges for B2C marketers are far greater than those for B2B marketers, but this
doesn’t mean that B2B marketers are immune to policy-based challenges.
Marketing campaigns are often hampered by the inability to understand data – this is
a challenge in a traditional space. As data collection, management and interpretation
are sophisticated, even if the marketing initiatives that are being conducted are
potentially not so.
6. CHANGES AND TRENDS AT THE TOP OF THE CHAIN: PATIENTS AND PEOPLE
This macro-level consideration generally will not affect the B2B marketer, certainly not
on a day-to-day basis. But all that is required is one major change – population,
income, education level, disease patterns or lifestyle change – and the whole outlook
for an organisation or science sector can be affected. Meaning that the marketer is
faced a challenge concerning what the message following a change in trend should
and should be. Yes, the supply chain is long, but it is still a chain that is very much
connected.
9. BREXIT
Brexit poses a threat to all organisations operating from Britain. This is certainly the
case for manufacturing organisations that import and export and caught in the firing
line are the pharmaceutical manufacturing and research organisations that are based
in the UK. The Guardian quote Mike Thompson of the Association of the British
Pharmaceutical Industry describing Brexit as "the biggest logistical challenge ever
faced by the industry."
Costs are likely to increase, which affects future investment as well as the marketing
budget allocated to marketing teams. Other challenges will arise, however, it's hard to
predict exactly what at this stage. Below is a snapshot of how Brexit will impact GSK,
Britain's largest drugmaker, as an example of the extent of this challenge.
When more people are involved in the decision-making process, it usually takes
considerably longer to arrive at a decision than if one person was tasked with
weighing up the options. For marketers, this creates a huge challenge as the time to
take a product to market or the time to launch a marketing campaign can be delayed
to a point where the optimal period for maximum impact can be missed. Crafting the
message to these individuals, often from varying departments, also presents a
challenge comprising multi-channel and multi-message considerations.
Discussion. Participation in discussions with topics such as these adds interest to the
topics, which in turn naturally leads to hashing out possible solutions to the
challenges. We can seek to understand the environment and the variables present,
but more so, how we can affect those variables. Creativity is usually existent within
such environments, and once the discussions happen, we often find ourselves on the
road to overcoming such challenges and finding opportunities in the process.
Want to test this? Pick a challenge from the list above most relevant to your
organisation and set up a meeting with colleagues to discuss its effect on your
organisation and marketing initiatives, as well as possible solutions.
Segmentation is a form of sorting: Arranging items in a systematic manner. Once
items are sorted into distinct groups (segments) based on certain criterion, specific
actions can then be taken based on that criterion.
Similarly, market segmentation involves the sorting of the market. The process entails
dividing the market of potential customers and clients into segments based on
characteristics, such as interests or needs, so that marketing messages, tactics and
campaigns can become more targeted.
It’s widely considered that market segmentation, across the pharmaceutical sectors
and beyond, fall into four segmentation categories: Demographic segmentation,
psychographic segmentation, behavioral segmentation and geographic
segmentation.
Following the segmentation process, the result is groups of people within each
segment who will or may respond similarly to the targeted marketing - derived from a
refined product and service offering - that have the best possible chance of
resonating with those groups. Generally speaking, organisations are more likely to
meet the needs and wants of targeted segments with this approach rather than a one-
size-fits-all approach.
Know exactly what problems your offering solves (in relation to your competitors) as
well as your strengths (and weaknesses) and what sort of client fits best out of these
specific segment types. What customer characteristics or qualities are most common?
What segments are currently not being served? What segments is your brand
uniquely qualified to serve? We’re looking for segments that fit the bill here - ones
that stand out of being perfect for your organisation, and even segments which you
feel might offer an opportunity in the future.
More importantly are the channels which your organisation adopts to communicate
with those segments; knowing your segments and their subsequent behaviours are
crucial for your marketing communications. Remember, this is a marketing task.
Pharmaceutical-based segments need to be durable (not created based on fads and
short-term trends) for the marketing tactics to work on the appropriate channels.
From a B2B perspective, look at the sectors which might use your products and
services. Ingredients, inhalation, packaging… Look at your products and customers
from a price perspective, are you targeting cost-sensitive customers? Also, look at the
different phase of development another organisation might want to work with you.
Discovery, pre-clinical, phase 1… Where is the sweet spot for your current product or
service offering? Is there room to grow? Generic segments are great as a basis of the
segmentation task, but B2B pharma - due to the size of the market - requires further
targeting.
Numerof also captures this from a B2C perspective: “Successful companies should
focus more on the health outcome to be achieved. Then work from that point to
identify the portfolio of products that would achieve that outcome, then narrow that
list to products they can/should develop.”
It is likely that you will need to reinvent your internal processes - from being product
orientated to become a market orientated organisation - to fit with the new focus and
emphasis on targeted marketing. We’ve encountered mature organisations in the
pharmaceutical supply chain who have lost market share to new entrants, who have
failed to differentiate and respond to competitors from a price perspective, because
of a lack of strategic focus.
4. ONLINE-DRIVEN SEGMENTS
The pharmaceutical marketer is often criticised for being slow to adapt to technical
marketing innovations, but in the face of increasingly difficult operating environments,
online and digitally-focused segmentation is often a segmentation criterion of choice.
Leonard Lerer explores such segmentation in his now timely paper on pharmaceutical
marketing segmentation in the age of the internet.
Lerer suggests that a good way of elucidating the rationale behind a segmentation
focused on small groups or micro-segments driven by the internet is to compare it
against current approaches to pharmaceutical market segmentation (table above). A
more fine-grained segmentation maintains the richness of the interaction between the
partners in the healthcare transaction. “Some sales representatives, for example,
considered that physicians who were deeply concerned with how a product was
reimbursed or whether the product was affordable by all patients, constituted an
important micro-segment.”
Salespeople are presented with an array of potential targets, but limited time, budget
and resource to effectively follow up in those areas. Most sales professionals, junior to
senior, struggle to meet sales targets of a monthly basis - and this is outside of the
new environment we have found ourselves in because of COVID-19. It, therefore,
makes sense that marketing and sales are aligned, with sales working within the same
segments as marketing, and potentially starting with the most valuable accounts. We
interview the salespeople (#1) to understand our audiences; we then work alongside
them to attract more of those clients to the organisation, should that be the desired
approach.
The people within the B2B pharmaceutical industry will often be the difference
between a sale or no sales, not the marketing messages. Because as the industry
entails some complex and intertwining supply chain levels, word of mouth and
personal relationships will always prevail. And people (the sales teams) will be able to
use those relationships, within the desired segments, to better convert prospects into
clients and users of the products than most marketing processes.
6. SIMPLE SEGMENTATION
A common problem when such large-scale shift in focus occurs within a large
organisations - such as those operating in the pharmaceutical sectors - are eventual
blockers and bottlenecks. Often, the project is too large, too risky, involving too many
people and requiring multiple levels of sign off from a range of departments.
Therefore, keeping things simple is often a prerequisite.
Improving the effectiveness of communications and interactions in this way with both
HCPs and patients will meet the objectives of marketing and help promote better
health outcomes. Detailed information and data on customers - personalities,
emotions, values, interests, beliefs and attitudes - has the potential to improve all
aspects of the organisation. Similarly, messaging based on customer attitudes and
motivations are more likely to activate desired behaviors and strengthen the
relationship between customer and organisation. The same goes for marketing tactics
and channels - we are serving what those customers what, where they want it. This
sort of focus on the ideal customer will differentiate your organisation from
competitors when that time comes to enter the sales cycle.
Creativity was previously "just an image". And that image was usually in a print advert.
As marketing advanced through the social media era and arrived at the inbound
methodology stage, we have so much more scope to be creative and engage big
messages, quickly and succinctly.
1. INFOGRAPHICS
Both data-rich and visually appealing, pharmaceutical infographics are an ideal
method of getting across long messages, quickly, easily and in a very engaging way.
The infographic can explain in one visual document, the problem, the feature and the
benefit of your product. I believe there is not enough good use of infographic
documents. Got lots of data and stats to get across? Look no further than the humble
infographic.
2. YOUTUBE
Video is big and will be big for a long time to come. It's an obvious one, but using it
creatively is an art, not a science. It's easy to create a 30-minute masterclass with your
technical people standing at the front of the screen talking at the camera. Stop right
there. Make no YouTube session no more than 6 minutes, condense it. Pay for
creative services, use voice-overs, whiteboard animation and things like time-lapse.
They have a much better impact and keep the audience engaged so much more than
a presentation. You do have to invest in creativity. But it will be worth it. At relatively
little expense a creative agency can create a compelling video several minutes long
that catches the eye and gets the message over quickly and efficiently.
3. ANIMATED VIDEO
A short 30-second animated video is an exceptionally good way of getting over large
and complex concepts, quickly and in an engaging way. They need to be no more
than thirty seconds and can contain a striking number of messages in that time. Some
great examples are Catalent's OptiForm® Solution Suite video.
4. APPS
Tricky one and not right for every campaign but developing an app could be a really
easy way to get your content message over in a practical way. For instance, a CDMO
we worked with years ago developed a series of apps aimed at the consumer end of
their product. There was light engagement but enough to guide the product through
development and give real data to the doctors who would be using the information.
It’s not right for every campaign, but certainly worth exploring. Always remember - be
mobile-ready, whatever platform you are delivering your message on. Make sure it is
compatible with all screens.
5. 3D WALKTHROUGHS
Again, a bit of investment is needed here on a good visual creative, but well worth the
effort. Especially if it’s a new medical device development, these are perfect for 3D
visual fly-throughs. But it’s not just devices and applications that can benefit from a 3D
walkthrough you can also put this technique to good use to explore concepts as well.
6. CONTENT
Good old-fashioned content. We're lucky to be in an industry where people still want
to read. If we were in B2C, marketing, our audience might not want to read a
whitepaper. However, for the pharma marketer, that’s exactly what our audience
want. So, get creative with content. There are plenty of blog posts on how to do this,
speak to a good agency, but do develop a content strategy with an eye on inbound
and lead generation.
7. ORGANIC SEARCH
Following on, having content gives you the ability to increase visibility on search
engines. Start by incorporating keyword best practices like updating URLs, page titles
and meta descriptions, incorporating authoritative links and using keywords
naturally—not stuffing—throughout your content. You can also post on high-traffic
sites like SlideShare or YouTube for additional momentum.
8. YOUR EMPLOYEES
Are your sales and marketing staff promoting the latest produced? Use their
signatures of the sales staff to point to the latest video/blog/whitepaper. The sales
team are sending thousands of emails to new customers, what better platform to have
than to have them promote your latest offering in their signatures. Staff are mentioned
on this list because organisations and marketing teams can arm their colleagues (who
are natural ambassadors of the organisation and brand) in many ways to promote the
organisation. Use your staff creatively to market your pharmaceutical organisation...
perhaps setting up brainstorming sessions with various and random department staff
is a start?
9. LIVE EVENTS
You will certainly have the booths booked in for the major shows and these are great
platforms for any launches etc but also take advantage of the event conferences
talks, can you nominate your expert for a talk at one of the events? Outside the major
events, perhaps a roadshow could work taking a team of experts on a tour of your
customers to take them through the latest product launch could be a good way of
covering ground. Perhaps hiring a venue and your target audience to come along.
Ensure you have good takeaways for the event and create pre-event and post-event
content.
Within this industry, marketing, sales and promotional practices have often come
under scrutiny and questioned from an ethical perspective. Especially for the
consumer-facing and drug manufacturing organisations who can put customers and
patients at risk in the process.
In a heavily regulated industry where organisations might choose profits over patients
sanctions follow. Governments across the globe have introduced more of such
regulations in the last ten years, putting pharmaceutical organisations who do not
operate ethically at risk of punishment. This means that the traditional approach
should be scarcely used, and commercial teams should be mindful of ethics when it
comes to the marketing of products and services.
Here are 10 ethics, ethical considerations or ideas for better ways for promoting and
marketing pharmaceutical products which are relevant to the B2C pharmaceutical
industry, just as they are for the B2B industry.
3. DISCLOSE EVERYTHING
In the pharmaceutical industries, when the disclosure of key information is in question,
more is merrier. Organisations need to go above and beyond to ensure full
transparency with their products and services. This includes, for example, disclosing
the full range of potential side effects and the results of the clinical trials (or what
exactly a subscriber will receive if they sign up to the website). The amount of data
that can be available following the development phases can be overwhelming, but
organisations must make it clear what the data entails via its website and other
documentation. Also, do not disguise your marketing messages for something else -
this would be unethical in any sector.
Such pharma product differentiation strategies might include new dosage forms,
indications and fixed drug combinations. Let's go back to the start and look at what
product differentiation entails and how these differentiation strategies can form.
• Value creation
• Non-price competition
• Quality differentiation
• Brand loyalty
• No perceived substitutes
• Combat key challenges in pharma marketing.
1. VERTICAL DIFFERENTIATION
Vertical differentiation concerns distinguishing a product based on a single
characteristic where the customer is clear on its quality. Quality hierarchies exist
within product markets, where each competing product is ranked from low to high in
terms of its perceived quality.
A vertical differentiation strategy will seek to create more demand for products by
demonstrating product quality with the view of increasing the perceived quality of the
product against others in a number of ways. Price can be used to differentiate in this
respect due to the association made with higher price and quality. But if two price
points are similar, the superior product (in terms of demonstrable quality from its
features and production method, for example) will be preferred.
So in pharma, the dosage, use, effects and side effects, risks and safety and strength
of Generic Drug A and Brand-Name Drug A may be exactly the same, but a brand-
name drug may have a perceived quality benefit for being the first to market, and
therefore, a reputable product.
2. HORIZONTAL DIFFERENTIATION
Horizontal differentiation is also usually concerned with distinguishing a product
based on a single characteristic, but this time that characteristic is not quality.
Consumers are not certain about the quality of the products that they are comparing.
This entails distinctions in products that cannot be accurately evaluated and ranked in
terms of quality. Quality may not even be a consideration within the customer
decision-making process - this said, it is unlikely that this is the case within the pharma
industry. The product’s differentiating factors may, therefore, be about the packaging,
delivery method and product shape/colour.
Taking the drug example once again, Generic Drug A and Brand-Name Drug may be
exactly the same, and the consumer knows this, so there is no benefit on product
quality, but a generic drug may have a perceived value due to its friendly and enticing
outer packaging.
3. SIMPLE/MIXED DIFFERENTIATION
Simple differentiation or mixed differentiation is usually based on a number of
characteristics: a combination of both vertical and horizontal differentiation factors.
There is no real pattern, and in most cases, no recognisable USP
Who buys the product can also dictate the source of differentiation for a product,
where ignorance of buyers regarding the characteristics and quality of the product
can play in a key role in how marketers can position the product. But this is not likely
to be the case in B2B pharma but might be more so in B2C pharma marketplaces.
Key sources of product differentiation are as follows (which are also adapted from the
7Ps of classic marketing thinking):
PRICE
Closely associated with quality, differences in price often signal to consumers that a
product with a higher price point is trustworthy and reliable. The USP may flip the
other way on quality, however, and the product may be positioned as the cheaper
alternative. On the other hand, a lower price can trigger the demand for products
where quality is also not affected, this is common with a range of OTC drugs.
PEOPLE
The people within the organisation, or the people a product is associated with, such
as strategic partners, can also provide a differentiating source for the product.
Individual skills, knowledge and experience within the manufacturing organisation, or
with sales, support and customer-facing teams, can also often provide the product
with a platform to stand out and sell more. How often do we see it in pharma where
people buy off known and trusted contacts?
FEATURES
Differences in functional features and benefits can be used as a source of
differentiation, where additional features are a signal of added value. A product might
contain a range of additional product features, perhaps to combat established
products or to distinguish from lower-priced products or to stay current and with
innovative solutions.
DESIGN
The design of the product or any visual elements concerned with the product can be
used as a source of differentiation. Minor design enhancements in the packaging or
internal/external appearance can often lead to positive reactions. It may be the case
that, a drug’s galenic form (liquid stick packs or pre-filled syringes, for example),
based on consumer preferences, will offer a source of product differentiation.
MARKETING
The promotional activities of the organisation, including its sales efforts, can also be a
source of differentiation. Direct and interruptive sales approaches may signal a poorer
quality product over a passive inbound marketing approach, that is becoming
increasingly more common in pharma. Tweaks in how an organisation conducts its
marketing, which subsequently promotes and positions the product within the market,
as you will already be aware, has the ability to greatly influence customer perception
of the product.
AVAILABILITY
Differences in timing and availability of the product offering can also offer
organisations an opportunity for product uniqueness and differentiation. CMOs with
manufacturing capabilities on multiple continents may gain an advantage over a
competitor located on a single continent. Similarly, a CMO with a delivery time 3-
months shorter than a competitor and might gain a distinct advantage. Products are
often considered as the driving force in its success within its market, where
organisations fail to consider the factors surrounding the product (and the consumer's
needs) in the decision-making process.
PROCESSES
The production process of the organisation may also dictate the differentiation
elements of the product. Eco-friendly products have emerged as popular in recent
years, just as biopharmaceutical solutions have also increased in popularity. Scale
may also be a differentiating factor where economies of scale can emerge as a
benefit, just as smaller production process – for short production runs – may be a
source for differentiation. If organisations can enhance its production processes and
methods, including the raw materials it uses, it can certainly attract more customers as
a source of product differentiation.
The factors listed above can be used as a guide when determining sources for your
product differentiation strategy. This said, ethical considerations should be taken into
account when assessing each of the potential product differentiation source.
You, as the marketer of the pharma organisation, first need to map out this journey by
asking yourself: How do people become aware of their need for the product? How do
consumers find the product and the brand offering? How do consumers make
decisions? What is the customer really using your product for? Look at the interactions
with your organisation.
You are generally looking to find out who, what, where, why and when. The objective
is to see the wider picture: How the user comes into contact with the product, how he
or she makes a purchase decision around the product, how that product is used as
well as other brand touchpoints after the purchase.
A successful product differentiation approach and strategy will move a product from
competing based primarily on quality/price to competing on additional non-price
factors. Approaching a successful product differentiation strategy concerns
differentiating other elements that concern the product, such as its marketing, that
builds on traditional product differentiation and offers a differentiated product via a
differentiated message.
Another way to put it: The strategy is the overall campaign plan and the tactics are the
actual means to achieve the objective of the strategic plan. The strategy is the
planning, where the latter is the doing.
At this stage, we’re not so much looking to reach an audience per se, we’re actually
looking at how and what we will be saying to that audience once we reach them. In
the most basic language, a pharmaceutical marketing strategy looks at the objective
of a marketing team or organisation and defines how to get there.
The four most common strategies in this category derive from the Ansoff Matrix
(below): market penetration (growing sales of existing product in existing market),
market development (launching an existing product in a new market), product
development (introducing an existing product into a new market) and diversification
(introducing a new product into a new market).
Your pharmaceutical product or service will be promoted in accordance with the
Ansoff Matrix almost every time and can dictate the marketing strategy you will adopt.
For example, we see so many partnerships and mergers in this industry, where
pharmaceutical organisations combine their resources and leverage their strengths to
increase market share in this manner. Should a pharmaceutical organisation want to
sell more products in current markets, it might decide to invest more in its marketing
budget.
DIRECT SALES
The traditional method of employing sales personnel and then deploying those in the
regions and markets where you are looking to generate new customers is still widely
used today. This is certainly the case in the B2B pharmaceutical markets where face-
to-face contact is still a large enabler of business. This non-marketing strategy needs
guidelines on how to recruit salespeople who understand how to sell products in new
and often emerging markets but has proven (and still does) to be effective.
2. REVENUE STRATEGY
A revenue model strategy (or more casually, a business strategy) is a strategy usually
focused on forming a product or service whereby advertising or licencing revenue
can be generated subsequently, or more broadly, a strategy focused on generating
revenue.
Magazines and publications follow this strategy, albeit on different levels where a
customer-base is usually built to be leveraged. In this case, the editorial team is
commissioned to write content that is packaged into a printed publication, as well as
for an online audience that can subscribe, that is then used to drive advertising
revenue from organisations that wish to advertise to this audience. Co-branded
promotions and list rentals are hugely popular in this respect and are not limited to
media and publishing organisations alone, as many organisations outside of this
space can adopt this strategy to reach its business goals.
AFFILIATE MARKETING
Affiliate marketing - a type of performance-based marketing in which a business
rewards one or more affiliates for each visitor or customer brought by the affiliate's
own marketing efforts - broadly falls within this category. This is the case as an
affiliate program’s sole purpose is to sell products with minimal marketing spend
waste as affiliates are paid on a per-sale basis.
EMAIL MARKETING AND LIST BUILDING
Organisations that rent assets and inventories fall within this category, and email
marketing has become a popular channel in this respect. Organisations can rent email
lists (for a price) so that other organisations can sell their products to the subscribers
within that email list. This is an interesting concept as, for the most part, the owner of
the email list will not sell its own services to its own list.
A targeting strategy often involves focusing on organisations via one or more of the
following attributes: Most profitable customers, larger or smaller organisations, loyal
customers, customers that are not brand-loyal and employees of a particular
organisation for B2B organisations.
MARKET SEGMENTATION
Markets consist of various demographic characteristics, needs and behaviours,
therefore products/services and marketing messages may not relate to all of these
people. So, strategic segmentation provides an opportunity to target specific
messages and campaigns towards specific audiences. Creating buyer personas is a
great way to start the process, as you will immediately understand the audience(s)
which you are targeting to tailor your content towards. Lifecycle targeting is also
another option to consider, which can be done by targeting content at your audiences
during specific stages of the buyer’s journey.
To bring the strategy to life, the pharmaceutical organisation can define the product
strategy, as PharmExec state: “A product positioning statement is a series of phrases
or sentences that articulate the drug's unique selling proposition, typically including
the brand name, product category, target customers, key benefit, and primary
competitive differentiation.”
BRAND DEVELOPMENT
Branding is how organisations are perceived in the minds of the audience.
Organisations can differentiate themselves from the competition with a brand
strategy. More than simply a name, term, design, or symbol, a brand is the
recognisable feeling a product or business evokes. Brand management begins with
an analysis of how a brand is currently perceived in the market and then proceeds to
plan how the brand should be perceived if it is to achieve its objectives.
With the development of technologies and the growth of marketing platforms and
channels, a customer engagement strategy is highly common for most B2C
organisations, as well as B2B brands who are looking for a two-way dialogue with
their audiences. This is certainly the case for us here at Orientation Marketing. The
aim here is to develop a community around the brand whereby audiences can
interact with certain content.
In the pharmaceutical industry, more so big pharma, and just like most other
consumer-facing industries, there are more products and more messages
subsequently meaning more noise. PharmaPhorum explores this and looks at key
trends affecting a customer engagement strategy in the pharmaceutical industry such
as the changing audience, rise of medical affairs and the development of new patient
support programmes.
CONTENT/INBOUND MARKETING
Content marketing is the process of writing and publishing content to educate
potential customers about products and services or solutions to common problems
for target audiences. Content marketing is an effective strategy to engage with
audiences just as it is within a market/product development strategy, for example. To
enter new markets, content marketing (or inbound marketing) can help with the
positioning of a new product, generate awareness and generate new leads.
6. MULTI-CHANNEL STRATEGIES
A multi-channel marketing communications strategy reviews the different types of
customer contact with an organisation to then determine how these touchpoints can
be incorporated within a marketing plan to reach objectives. This strategy involves
both online and offline channels and can connect outbound call with a website and
email, for example.
The quantitative and qualitative research is done and your organisation’s new product
has come out of the development and trials phases. A new scientific product is ready
for launch. You, in the marketing department, are tasked with strategising, planning
and executing the launch of the new product. You have your own database. You are
aware of a number of suitable magazines. But you also have to manage the launch at
a trade show. Where do you start to ensure you hit your launch targets and make the
product a success?
Assuming you already have determined your target audience and have studied your
competition, you will need to produce a product launch and communications plan.
Here’s where we’d begin in this crash course on launching a scientific product.
It’s important to differentiate to create value to focus on the cost of not choosing the
product over another. Market characteristics need to be identified early, including the
product’s potential use and how its users perceive these characteristics. The Four
Actions Framework can be used to reconstruct buyer value elements for product
differentiation by looking at the value chain for strengths. You can highlight your
product as a solution to a problem or include an eco-friendly element to the product,
for example.
The service offer itself might be the product's strongest asset, therefore, it should be
clearly communicated. They might be physician services such as diagnostics patient
identification or compliance, for example.
By conducting a soft launch, you can determine if the market is ready for the product,
if you need to educate the market beforehand and if the appropriate selling
proposition is being highlighted. You could even acquire new customers before you
officially launch the product.
9. OFFICIALLY LAUNCH AT A TRADE SHOW OR CONFERENCE
Shows and events provide a great platform for launching scientific products.
Throughout the year, trade shows occur across the globe that brings scientific
professionals from all over the world together in one location for a number of days.
Here, a large pool of people can see your new product in action which presents
opportunities for the sales team to generate leads.
Always stay on high alert for competitive movements and never overestimate the
benefits of your product – biases exist and it is crucial for the future of the product
that team members are objective, avoiding overconfidence and resist the urge to hold
any assumptions about the market before them.
Everything needs to be documented here and it is also possible that the review
process is handled by a team external to the launch team. However, the head of the
launch team, or you within the marketing team, should oversee the process to make
sure that it does happen as it might reveal some truths which might not be expected.
The development process for any pharmaceutical product is extensive; it’s long and
it’s expensive. But the promotional and communications activities that follow don’t get
as much attention, which is a real shame because sometimes great products do not
flourish as they should leading to failed product launches, and failed products.
Often, our activities are determined by what we’ve always done in the past without
knowing if what we are doing is making a difference and often, we act on dated
assumptions the drive the work we are conducting. Again, we could be more effective
by doing things more strategically with some planning.
The pharmaceutical marketing plan includes the budgets, channels and the ideas
which will take the pharmaceutical organisation, and its products and services,
forward in the current landscape. But do you think your plan could be better and
could be driven by insight? Do you think the plan has been put together hurriedly with
parts missing? Or, do you think it can be improved with better structure and direction?
We will go over all six elements of the plan in the context of a pharmaceutical
organisation’s marketing plan.
This is perhaps the most important stage (that can take up to 50% of the planning
process time), and some of the work carried out will not actually make it into the
physical plan, rather inform the decisions made for the marketing plan. The choices
you will make, specifically in terms of strategy and action planning, will be better (and
often more effective) as you are more realistic with your expectations in your current
market position. Devoting time to this stage of the pharmaceutical marketing plan will
help make more informed decisions throughout the rest of the plan.
There are a range of questions to ask yourself, and as part of your situation analysis
(SWOT), ask yourself or your marketing team:
This stage will likely involve all of your marketing team, even board members and
those responsible for allocating marketing budgets, where the aims of the entire
marketing plan are set. The previous stage will determine what you are capable of
achieving and good objectives are quantified with timescales.
Here, trends are responded to where a subsequent position within the market is
determined, and subsequently, what marketing and communication strategies are
adopted to support customer acquisition, conversion and retention.
Set up an internal marketing strategy meeting with all of the key stakeholders and
discuss the following:
• Are we targeting a particular market segment?
• How will we position ourselves the market/market segment?
• What is our communications/content strategy?
4. TACTICAL IMPLICATIONS: SET OUT THE DETAILS OF THE PLAN, AND HOW TO
ACHIEVE THE STRATEGY (HOW EXACTLY WILL WE GET THERE?)
The tactical stage of the planning process will show exactly how to implement the
strategy determined in the previous section, which is generally more detailed than
either of the other stages from a documentation perspective. Each touchpoint, from
an initial advert to a landing page to email marketing workflows, to CRM management
to supporting news articles and social media content, as well as print advertising for
awareness purposes, for example, will be listed in this section.
Often, to determine the tactical direction, marketing teams (this perhaps more senior
members) will need to lock themselves in a room, look at all of the available channels
and tactics within the communications mix, and decide which to focus on that are
more likely to achieve the strategy. Be ready to spend time scribbling on
whiteboards…
Reading about this stage you are no doubt beginning to lose enthusiasm for your
marketing plan, which would suggest why this part of the planning process is often
the weakest for organisations. It often goes missed entirely. Always remember to
allocate time and resources to your plan and conduct internal marketing to team
members so that they are aware of the actions required of them to bring the plan to
life:
• Allocate resources to specific individuals
• Create a marketing/content calendar with specified dates
• Conduct ongoing internal marketing and one-to-ones for motivation.
A key benefit of such reporting is to identify whether you are succeeding or not
before its too late, as well as arming you with the knowledge for next year’s
pharmaceutical marketing/campaign plan.
The majority of this process will look at your marketing metrics - such as website
visitors, conversions and number of leads/sales generated - but it will also include
reviewing internal workflows and how the team is performing as a unit. Each tactical
element from stage four will need its own reporting system, as well as how each team
member is performing.
Controlling the plan is essential, and like the previous section, this should not be
ignored. Three key areas to plan:
• Reporting on KPIs
• Regular process reviews
• Gathering team feedback.
The structure is simple and logical that derives from the situation analysis, which by its
very definition, is the most important aspect (even if the majority of the findings are
not required within the documentation of the marketing plan itself) that can inform
accurate decision-making in terms of internal capability and external opportunities
and threats.
Follow its structure for your next pharmaceutical marketing plan. Because it’s easier to
reach a destination when you are informed about the road you need to take.
10. The need for omnichannel
The pressures exerted on to marketing teams by external demands and other internal
departments encourage marketing teams and team members to jump right in and
start promoting the organisation. Sometimes in ways that might not always be
effective.
As pharma marketers, who doesn’t want to deliver relevant and consistent content?
This is where omnichannel marketing exists. Media and marketing plans that include
integrated messaging across a number of channels - both online and offline - is
commonly referred to as Omnichannel marketing. B2B pharma marketing will feature
this heavily.
Omnichannel marketing is based around the fact that our target audiences in pharma
are not bound to a single channel, platform or medium. Those audiences will read
physical magazines, visit a range of websites (owned and earned) and engage within
both physical and online communities. They’re everywhere.
And those audiences are also low on time and patience and want to make purchases
and gather information there and then, reducing waiting times for whatever they are
waiting for. Pharmaceutical organisations are required to be there and then, but can
gather feedback from those customers instantly.
Digital is featuring more and more within pharma marketing plans and therefore
seamless experiences are emerging, that not only caters for the marketing channels a
pharma marketer might adopt, but will also include the sales representatives
themselves, their promotional materials and their communications.
But things are getting better and digital technologies are being used more and more
throughout the entire supply chain. 24/7 virtual care is becoming common, with AI
enhancing drug development further down the chain - patients, physicians and the
manufacturers are all becoming more empowered in their roles because of
technology. This is the same for marketers and how we can connect those channels
to create the omnichannel experiences required to effectively connect with our
customers and clients.
You will, however, have a range of suitable content options at your disposal to be
able to reach those audiences, in those locations and on those devices. A content
production programme is required to be able to connect with your audiences on an
on-going basis. More often than not, pharma content will need to be created by those
other than the marketers themselves - requiring input from start to finish from subject
matter experts, not to mention legal and compliance experts. Content creation can be
a huge blocker to scientific and pharma organisations that do not have efficient
content programmes - this is for those focusing on channels as well as those
favouring omnichannel.
4. ACCESSING AND HARVESTING THE DATA
I think most pharma organisations will be conducting some form of omnichannel
marketing without really knowing it. Whether the marketing team runs event-based
campaigns after leads are created from a trade show or whether certain website
pages trigger automated emails, omnichannel will be present. However, the lack of
formal structure and direction means that this sort of activity will not really generate
gains or competitive advantage on an organisational level.
If the pharma organisation is at this level of omnichannel maturity, begin with the data
- ensuring that the processes are in place at the foundations to be able to up the ante
when needed. At least then, understanding the current state - pharma marketers can
identify what is required of them to build and maintain an omnichannel strategy in the
future. Perhaps the first step to achieving this is to align the marketing activities with
other departments and aim for those senior representatives - perhaps from data, IT,
legal - to be brought into the programme of setting up a new customer-centric to
approach to the organisation. Going back to the foundations is a valuable and
necessary exercise to undertake, regardless of the current mature state of the
omnichannel marketing programme.
This is a task that will help to tell the story (at each stage of the journey) of a
customer's experience with your organisation which will point to the areas where the
omnichannel focus is required. It will also, as a secondary function, tell you about the
channels that your audiences might be using which are not yet optimised.
Omnichannel requires that you know your target audience well to be able to operate
on preferred channels, but that doesn’t mean that other, perhaps more
unconventional channels, will not be adopted in the future. Create once and publish
everywhere to keep yourself open to all opportunities and expand your reach.
We’re moving on a little now and have potentially introduced more channels and
distribution opportunities. With those additional channels come additional metrics. But
don’t let this change your KPIs and tracking and reporting processes.
Your KPIs shouldn’t change - stick to your original marketing metrics and do not over-
complicate. Your marketing strategy will still serve an organisation-wide goal - do not
let a change in tactics and channels affect your focus. You can find the six metrics that
do which will determine if your marketing campaigns are generating a return on
investment on our website.
The smaller the permissible interval between product launch and its localised
versions, the more integrated your localisation must be into the overall content
process. You don’t want your localised content lag behind the product launch date,
for example.
Leading omnichannel organisations are looking for more innovative and sophisticated
capabilities to make seamless experiences - that can connect both digital and
physical environments, which in itself is not easy - a reality in today’s ever-changing
markets. I think all of the successful pharma organisations running multichannel
strategies have the skills as well as those skills and the expertise on hand when
needed. Culture is key.
You might not get it right right away but measure and fine-tune until your channels are
fully optimised. As marketers, who doesn’t want to deliver relevant content?
11. Recommended software
Pressures from all directions means that pharmaceutical organisations need to
generate enough leads for its products and services, as well as demonstrate ROI for
the hundreds of thousands it spends on marketing within a given period. To achieve
this, strategic marketing plans are a great place to start. Marketing plans as such will,
however, include a range of technologies, platforms and software that will drive much
of the strategies and tactics within the plan.
The most common basis for a marketing software stack now concerns a website,
marketing platform and a database of contacts that work together to identify, nurture
and convert prospects to a customer, with the entire journey tracked from the first
touchpoint. Other additional software can be added to build on specific components
within the marketing team that tend to vary per organisation.
However, we’ll dive deeper into those technologies, specifically looking at the
pharmaceutical marketing software we would recommend that you bring into your
organisation. This is a list of potential providers and where the particular software sits
within a stack so you can gauge its features and functionality.
1. CAPSULE (CRM)
Capsule offers a streamlined, effective and user-friendly CRM solution suitable for
small and large pharmaceutical organisations. As a software package, it’s extremely
cost-effective and does everything a CRM is asked of and can integrate with over fifty
other software providers.
This said, as marketing campaigns become more complex, a full customer view is
required, and a pharma organisation conducts more and more digital campaigns on
its own platforms it is more likely that a marketing automation platform (which features
its own CRM) is required. We use Capsule within our agency and would recommend
that software should an entry-level CRM platform be the requirement.
2. SALESFORCE (CRM)
Salesforce needs no introduction. It’s considered the #1 CRM platform on the market.
Historically, Salesforce has offered solely a CRM solution with hundreds of
integrations with other platforms making building the stack relatively easy. More
recently, Salesforce has added a number of other complementary additions to its
offering geared around customer service and marketing automation.
Other notable CRM solutions for more healthcare, physician-based and perhaps more
operational organisations and companies include Veeva, PharmaCODE or Inova. It’s
worth mentioning, however, that these systems are largely bespoke and would not
work effectively out of the box like most the marketing-based CRM software on this
list aimed at marketing and business development professionals.
3. MRWEBPLUS (CRM/SALES)
MrWebPlus a flexible and cost-effective CRM/Sales Force Automation software
solution for the pharmaceutical industry sales forces. Fast and easy to use and
maintain, MRWebPlus enables instant call reporting data thereby empowering teams
to increase profitability through better customer relationship management.
We benefit from using the tool as it can track incoming sales and prospects. For our
clients and ourselves, we use its CRM and email functionalities to communicate with
and update customers on relevant developments. The solution accelerates workflows
as it stores all key sales and marketing materials in a single location improving users’
lead conversion rates. Orientation Marketing is a SharpSpring Silver Level Certified
Partner.
6. WORDPRESS (CMS)
WordPress is perhaps the most popular website engine on the market. It is an online,
open source website creation tool written in PHP that integrates with virtually every
other software tool. It’s widely associated as a blogging platform but soon evolved
into offering full website design and build capability with built-in membership, form
creation and mailing capability.
Every website, small or large, will sit on a CMS engine such as WordPress - the
Orientation Marketing website sits on Squarespace and some of our clients’ websites
sit on Sitecore, Drupal as well as WordPress - which doubles up as suitable for both
small and large websites. If you are looking for an enterprise-level website, perhaps
Sitecore would be better suited as opposed to Squarespace which is more suited to
smaller (brochureware) websites such as this one.
7. EWIZARD (CONTENT)
Pharmaceutical organisations all want to expand impact on the global market. But
localising content - to new markets - from country to country, continent to continent
takes time. eWizard allows you to localise effectively and within your budget by
building multi-channel communication with 100% content reuse and localising your
presentations in HTML5 format. Internal policy and legal reforms may make using this
tool difficult, but if those internal barriers can be overcome you will have a tool that
can save you a lot of time.
8. MARG ERP+ (ACCOUNTS)
Marg Erp Pharma Distribution Software gives full control over inventory, billing,
management of debtors, accounts management, automatic reconcile bank
transactions, track batch and salt wise inventory, MIS and file GST return effortlessly.
Depending on the marketing operation that you run, this piece of software could
become a useful tool in your stack.
9. MOZ (SEO)
Moz is an online SEO tool that offers keyword research, link building, site audits and
page optimisation insights to help pharmaceutical organisations become visible in
search engine results. Whether the target audience is B2B or B2C, it is likely that the
audience will be using search engines to find information. Moz is a great piece of
software to achieve better results in this organic department. SEMrush is a great
alternative if you are in the market for a provider and want to compare functionality.
If there is more than one person linked to a task it will ask you to update it so people
can see how it is progressing and stop the work being duplicated. You can create
private projects so only the people involved have access to the data. We use Asana at
Orientation Marketing and would recommend every marketing team do the same or
at least use similar software such as Trello.
The process also involves gathering, recording and analysing information about
customers, competitors and markets in a systematic way. So, if the marketing
plan/activity involves launching new products, repositioning an offer within a market
or to refine a marketing plan, this will always be the first strategic step. An important
one at that as it predetermines everything that follows.
In healthcare or big pharma, market research will look significantly different to that
within the B2B pharma supply chain. The former will relate to drugs prescribed by
doctors or medical devices or OTC products from chemists where the latter will
involve the various manufacturing methods and implications of the above that is also
related to research, packaging and distribution, which will be the primary focus of this
chapter.
The article quotes the CEO of a market research company worth of repeating:
“Everybody says they do market research early in the process. But what they’ve really
done is a market sizing exercise, which should be done. What we’re talking about is
market research that is brand-specific, therapeutically relevant, and designed to help
the early design and development teams understand what doctors need. This enables
a unique positioning for the brand when it comes to market.”
Next, is to find out the implications for the organisation, directors or stakeholders -
you will likely uncover opportunities or threats here. Understanding the general lay of
the land in this way can give you a general feel of the direction in which your
marketing efforts (from a strategy and tactics perspective) will go.
CONDUCT A SWOT ANALYSIS
There is a reason that the SWOT analysis framework is still used in organisations
around the world since it originally appeared in the 1960s, and that’s because it is
extremely effective in what it looks to achieve within the research process from an
internal and external perspective. A SWOT analysis, briefly, helps marketing
managers or organisations identify strengths, weaknesses, opportunities and threats.
All four areas are considered highly important during the planning phase.
This process will generally look at the clients and their needs (the physicians, patients,
pharmacists or the organisations), competitors (generics, biotech etc.), intermediaries,
as well as the regulatory bodies (EMA, FDA etc.).
MARKET/MARKETING INTELLIGENCE
I always feel that a market or marketing intelligence system can greatly help pharma
marketers with their strategic decision-making. For example, we hold and manage a
central repository of all of the major pharmaceutical publications - spanning across
the sub-sectors - and all of the adverts featured within each publication. The reason
we do this is to be able to inform our clients of competitor adverts within those
publications. Other organisations, publications and pharma intermediaries will hold
similar intelligence-based information which can inform your campaigns.
From a digital perspective, should you want to keep an eye on your clients' and
competitors' website traffic volumes, referral sources and website "stickiness" you
may want to invest in software such as SimilarWeb. Intelligence reconciles what
pharma marketing managers what to have to inform them on an on-going basis and
the specific data helps the overall market research task. The sources of the
information might even sit internally, with your sales teams or with your subject matter
experts within the lab.
Perhaps the tools and process you have already are enough, but it may be the case
that you need to use these older - tried and tested - tools more creatively.
To help understand the pharma, and therefore, pharma marketing landscape, it’s
important to engage with such intermediaries to (who also work or are aware of your
clients) help you understand those clients and their preferences without having to ask
them yourself. This is one of the most effective channels to help understand what
drives your clients to be able to enhance your offering for them.
Provide a variety of ways for customers to share their comments. Offer several
feedback channels to improve both the quantity and quality of the feedback from this
particular research method. Make feedback an integral part of the business/sales or
marketing operation (with KPIs) so that it is clear that the management team has given
the programme its full backing. Feedback can make a strong contribution to the
development and evaluation of new initiatives, and is integral for the market research
process.
ALWAYS BE BENCHMARKING
I also am a fan of benchmarking to gauge all kinds of aspects related to campaigns,
such as on processes, tactics and for the wider organisation. You may not feel that
assessing your competitor’s organisational headcount or resource allocation, or even
marketing tactics and or CRM choice or traditional/digital media is important, but I can
assure you this sort of information is gold.
We operate within a competitive landscape and even the slightest bit of information
may give you the upper hand so that you can be one step ahead of your competitor’s
moves. And there’s nothing unethical about accessing publicly accessible data on
those competitors, just how you decide to use it. Benchmarking, as a research tool,
can give you an overview of where you sit against your competitors and where you
need to improve.
Other elements to benchmark: sales team size, historic sales numbers, revenue,
R&D/clinical studies, training and commercial excellence. Whatever you feel can help
you make informed decisions, benchmark them.
Should this be out of scope for your organisation, look to organise a group of people
internally that can analyse and make decisions about marketing investments. Should
you be the person leading the market research, identify a minimal standard for
excellence to ensure the information you are gathering is up-to-date and useful for
future decision-marking.
Should you have your work cut out and need to gather the data yourself, look at
qualitative primary research methods such as focus groups, surveys or interviews and
ensure that more than one person is in charge of interpreting the results of research
to ensure that personal bias and individual personalities do not skew the results.
Away from the B2B space, for example, conduct physician satisfaction surveys as well
as store/hospital and patient surveys.
Ron Brand from IMS Health, however, provides a gentle warning: “The key is
integrating data from various sources to gain a big-picture perspective.”
This process will achieve a number of insights to drive your marketing, such as
identify a real customer need, determine the competitive market landscape as well as
address compliance regulatory factors that could affect your marketing campaigns. As
a precaution, be sure you understand the environment you operate within (markets to
assess) the best research methods to adopt that will provide the most useful data and
build an environment that can handle and interpret the data you collect.
Whether you are looking to create a new marketing plan or conduct pre-launch
studies or researching into price, or even looking to understand patient, physician and
pharmacist habits, ensure your market research plan is up to scratch. Use this guide
as an overview of the kinds of market research you can conduct - should either of the
points be relevant to you, dive deeper.
13. Journals and publications
Research - regardless of the end goal - takes time. But as a pharmaceutical marketer,
you’ll be fully aware of its importance within your role. The process includes sifting
through tens/hundreds of websites and journals and books (amongst other mediums)
to then examine the contents of each. And this is just the beginning of the process.
We find that when doing this sort of secondary research, we have spent a lot of my
time on something that will, in the end, turn into very little. The process is often very
wasteful. This chapter provides those interested in pharmaceutical marketing and the
promotion of healthcare products and services a list of notable publications (mostly
academic journals) to focus during the research process.
So, if you are conducting research to review current literature of previous studies or
looking to subscribe to a noteworthy publication which might provide future ideas and
insight to aid your marketing strategies, you will find it within the ten publications
below.
9. PLOS MEDICINE
PLOS Medicine is a peer-reviewed weekly medical journal covering the full spectrum
of the medical sciences. The journal featured Kalman Applbaum’s highly cited essay
entitled “Pharmaceutical Marketing and the invention of the Medical Consumer”
previously discussed on Orientation Marketing Insights. Since 2009, three years after
Applbaum’s contribution, the journal reaffirmed its scope to use an evidence-based
approach to give priority to studies on diseases and risk factors that cause the
greatest burden worldwide.
THE PUBLICATIONS…
This chapter features ten pharmaceutical marketing publications considered amongst
peers within the industry as the most trusted. The list, however, is by no means
complete and there are other notable absentees which may be more suited to
particular functions and role within the pharmaceutical sectors. We have aimed to
provide a range of academic journals and publications - with example contributions of
what we feel are either most suited or best represents the type of content within the
journals - which the pharmaceutical marketer may be interested in. Feel free to get in
touch to suggest a publication for the list.
As a pharmaceutical marketer, you need to know where to find your potential
customers, talk to them in a language that resonates and know what motivates them
to take action. This requires a multi-layered approach consisting of the most suitable
channels, utilising all the tools available to you from content marketing to lead
nurturing.
The process of turning strangers into leads and then into customers requires
campaigns and touchpoints that go beyond most traditional advertising initiatives.
This pharmaceutical marketer’s guide can provide the methodology, ideas, tools and
knowledge to do just that. Should you need a helping hand, we are here for you.
We can help you uncover the opportunities to increase awareness with the
appropriate audiences. You’ll enjoy full support when it comes to media planning and
buying and content creation as we take away the demand generation work away from
you. We will ensure that you get the most value from your marketing budget.
Please get in touch should you have any questions related to the topics discussed in
this guide.