marketing automation in the life sciences industry

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Across Health Webinar: Marketing Automation in the Life Sciences industry Jan Keuppens, MD Across Health Belgium Pim ten Tusscher, Sr. Consultant Across Health View recorded webinar: http://bit.ly/1JeUhcO

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Page 1: Marketing automation in the life sciences industry

Across Health Webinar:

Marketing Automation

in the Life Sciences industry

Jan Keuppens, MD Across Health Belgium

Pim ten Tusscher, Sr. Consultant Across Health

View recorded webinar: http://bit.ly/1JeUhcO

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Across Health: Focused Fusion Consulting

Unique offering in Life Sciences

• 70+ strong consultancy

• Focus on innovative cross-channel

customer-centric approaches (“fusion”)

• Holistic approach: from insight to strategy

to implementation & impact measurement

• Global footprint – 10 markets

• Over 500 projects in 2014

(40% in customer insight & strategy)

• Working for most pharma majors

• Life Science focus (90% pharmaceuticals)

• 35% CAGR since 2007

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Extensive experience at regional/global level

AND local execution power

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Agenda

• Introduction

• What is Marketing Automation?

• How are other markets using this technology?

• Benchmarking Life Sciences against other markets

• Our observations and learnings in the Life Science industry.

• Marketing Automation for your organization.

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Knowledge “management”: the network always wins Account management: if it’s not in SFDC, it does not exist

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From:“The future of customer relationship “/2014 SSI research

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Life as a pharmaceutical marketer was easy!

Once Upon A Time…

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The age of the customer

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Summary

• Innovation pace & adoption!

• The empowered customer

• Multititude on-/offline channels

• Product info is just one component in customer equation

• Staying ahead of curve

• Not industry specific

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Agenda

• Introduction

• What is Marketing Automation?

• How are other markets using this technology?

• Benchmarking Life Sciences against other markets

• Our observations and learnings in the Life Science industry.

• Marketing Automation for your organization.

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Marketing automation “New”?

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Marketing automation “Hot”?

• Changing buyer behaviors forced companies to change how

they market and sell

• Fading HCP access + Limited resources + Budget pressure

• The rise of SaaS; subscription model = operational budget ≠

capital investment

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Gartner’s Magic Quadrant 2014

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A software/technology platform

Planning, streamlining, automating and measuring

campaigns, marketing tasks and workflow

Aiming at boosting your operational sales & marketing

efficiency and growing your revenue

Beneficiary to Marketing only

Effortless, valuecreating engine

Carpetbombing email monster

Email marketing in a new skin

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Marketing automation: The basic question

“How to sell more efficient & effective?”

Really no different from how marketers

think about marketing more effectively:

• Right message – relevant message

• Right person – person who is a potential buyer

• Right time – person who is ready to engage with sales

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Right Message

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Right Person

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Meet Glenda…

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Giving them what they want…

Web behaviors

Purchase behaviors

Social behaviors

Content consumption

Specific email interactions

Offline behaviors

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Resend email

if not opened or clicked

first time

A different email

if the last one was opened

or clicked

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Right Message

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Right Person,Message,Time

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Where to start?

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Adapted from Gleanster research/Marketo

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Adapted from Gleanster research/Marketo

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Adapted from Gleanster research/Marketo

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Agenda

• Introduction

• What is Marketing Automation?

• How are other markets using this technology?

• Benchmarking Life Sciences against other markets

• Our observations and learnings in the Life Science industry.

• Marketing Automation for your organisation.

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Source: Marketo “The definitive guide to MA”

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Are you OK?

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https://www.youtube.com/watch?v=pqHWAE8GDEk

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Agenda

• Introduction

• What is Marketing Automation?

• How are other markets using this technology?

• Benchmarking Life Sciences against other

markets

• Our observations and learnings in the Life Science industry.

• Marketing Automation for your organization.

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Source: http://www.wsol.com/

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One channel

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One channel pharma: the sales rep

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Multi-channel

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Multi-channel pharma: new channels

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Product website Face-to-face calls Direct Mail iPad detail aid

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Cross-channel

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Cross-channel pharma: user journeys

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Omni-channel

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Omni-channel in pharma:

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?

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FMCG BANKING LIFE SCIENCES

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Pharma - current state

• Gradually introducing new channels

• Majority still push marketing

• Limited integration between channels

• Marketing automation often supporting

individual channels

• Increase in data collection, but not yet putting

it to work

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Agenda

• Introduction

• What is Marketing Automation?

• How are other markets using this technology?

• Benchmarking Life Sciences against other markets

• Our observations and learnings in the Life

Science industry.

• Marketing Automation for your organization.

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Observation 1: Plan ≠ Execution

• Due to stringent approval cycles, it proves difficult to plan campaigns

realistically let alone execute them according to plan

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Observation 2: Organizational maturity

• Programs are continuously challenged by ‘new’

/previously uninvolved stakeholders thereby halting or

slowing down progress.

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Observation 3 - Mismatch between MA

solutions and pharma domain

• Most entry-level MA vendors cover online channels only

• Pharma wanting to extend its reach and frequency adding additional

channels

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Observation 4 - E-mail address often the key

• Addresses used as an identifier

• Reluctance with HCP’s to hand them over

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Observation 5: the ‘Ferrari principle’

Would you buy a Ferrari and then put it in the garage?

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Observation 6: Not the cloud!

• Most MA vendors operate from ‘the cloud’

• Most Pharma companies are reluctant to engage in cloud services

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Observation 7: individualized marketing still an exception

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Campaign Plan Customer Journey

Company-centric Customer-centric

Fixed-date events Fixed-date and flexible events

Time-triggered Event-triggered and time-triggered

Mass or segmented Individualized

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Agenda

• Introduction

• What is Marketing Automation?

• How are other markets using this technology?

• Benchmarking Life Sciences against other markets

• Our observations and learnings in the Life Science industry.

• Marketing Automation for your organization.

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… automation applied to an efficient operation will

magnify the efficiency.

Image source: Tumblr

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… automation applied to an inefficient operation

will magnify the inefficiency.

Image source: Tumblr

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Prerequisites

• Campaign plan and goals in place

• Data available for use

• Stakeholder management

• Initial content set ready/on time

• Channels defined and available

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And then finally…

• Bringing it all together (using marketing automation) (using marketing

automation)

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Using visual user journey mapping

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DOTMAILER IMS NEXXUS

SALES FORCE MARKETING CLOUD

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Using visual user journey mapping

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Or maybe not yet so sophisticated

• Simple call follow up email triggers

• Individualized landing pages on your website

• Pick a well contained project playground: pre and post-congress

activities

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Dream BIG

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Feel free to contact us:

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