EMC CONSULTING MULTICHANNEL MARKETING FOR LIFE SCIENCES phases with ease
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EMC CONSULTING MULTICHANNEL MARKETING FOR LIFE SCIENCES phases with ease
EMC CONSULTING MULTICHANNEL MARKETING FOR LIFE SCIENCES Market various products in different lifecycle phases with ease Essentials Changing customer expectations: • More than 85 percent of practicing U.S. physicians used the Internet for professional purposes in the last year • The average physician now spends eight hours per week online at the office • 35 percent spend less time with sales representatives EMC Consulting Multichannel Marketing for Life Sciences service benefits: BUSINESS CHALLENGES Historically, pharmaceutical organizations spend a significant part of their marketing budgets supporting an army of field sales representatives. However, the industry is changing, and without new blockbuster drugs, the future portfolio mix will increasingly skew toward lower volume, more specialized medicine. This proliferation of lower volume products will not sustain traditional sales-driven marketing. Another aspect of the changing pharmaceutical marketing landscape is the drive toward pay for performance. The need for evidence-based contracts and revenue models, based on wellness/outcomes, will shift the focus from selling to healthcare professionals to influencing patient behavior. The goal of this change is to improve the management of the patient’s condition. • More cost-effective customer contact through alternative promotional and marketing channels Over 85 percent of practicing U.S. physicians used the Internet for professional purposes in the last year. This change in healthcare professionals’ behavior aligns with modern expectations that product information is readily available online without a sales person’s intervention. • Compliance programs and tools that can be implemented to assure conformity with regulatory requirements The need for dramatically more cost-efficient and effective marketing approaches must become the key internal driver for a strategic change in marketing. • A complete understanding of all customers to assure the most effective marketing efforts SERVICE DESCRIPTION The EMC® Consulting Multichannel Marketing service offers our clients the ability to understand and identify the most effective communication strategy for their specific healthcare professional (HCP) customers. Our service approaches this problem from several perspectives. First, we examine the needs of the customer, considering how an integrated customer view and enhanced customer experience will impact the marketing organization. As we develop a multichannel strategy with our clients, we consider the needs of different products in various lifecycle stages. We let these requirements determine how to best facilitate multi-touch point marketing and service across multiple channels that these products will utilize as they come to market. In addition, all of our multichannel strategy engagements include an analysis of the ROI for the changes to the channel strategy. We deliver an investment justification that will show how an integrated multichannel marketing strategy will support a scalable cost structure for any brand at any stage. service overvie w Integrated Customer View Control & Governance Enhanced Customer Experience Multichannel Strategy Improved Marketing Efficiency ROI Measurement & Investment Justification BUSINESS BENEFITS With an integrated multichannel marketing strategy from EMC Consulting, life sciences companies can effectively promote and sell products online to their HCP constituents and customers. © Copyright 2011 EMC Corporation. All rights reserved. 1 Our customers have demonstrated dramatic improvements in marketing efficiency and scalability across markets using our multichannel strategy. We are able to reduce incremental marketing costs while expediting access to HCP customers. For example, our services have effectively increased customer trust and value scores by providing an affirmative online digital experience for one of our customers. We delivered a model that ties new registrations and branded engagements to revenue increases—clearly demonstrating ROI. EMC CONSULTING As part of EMC Corporation, the world’s leading developer and provider of information infrastructure technology and solutions, EMC Consulting provides strategic guidance and technology expertise to help organizations exploit information to its maximum potential. With worldwide expertise across organizations’ businesses, applications, and infrastructures, as well as deep industry understanding, EMC Consulting guides and delivers revolutionary thinking to help clients realize their ambitions in an information economy. EMC Consulting drives execution for its clients, including more than half of the Global Fortune 500 companies, to transform information into actionable strategies and tangible business results. CONTACT US To learn more about how EMC services can help solve your business and IT challenges, contact your local representative or authorized reseller—or visit us at www.EMC.com/consulting. EMC2, EMC, and the EMC logo are registered trademarks or trademarks of EMC Corporation in the United States and other countries. All other trademarks used herein are the property of their respective owners. © Copyright 2011 EMC Corporation. All rights reserved. PublishedintheUSA.03/11ServiceOverviewH8682 EMC Corporation Hopkinton, Massachusetts 01748-9103 1-508-435-1000 In North America 1-866-464-7381 www.EMC.com