1<!DOCTYPE html>
2
3Anonymous
4/bestp
5/bestp/domrep.nsf
68F2D31CC2BA308F28525800C00315826
8
9
10
11
12
13
140
15
16
17/bestp/domrep.nsf/products/optimizing-biopharma-digital-marketing-improve-roi-performance-measurement-field-force-support-mobile-engagement?opendocument
18
19opendocument
2034.237.76.91
21
22
23www.best-in-class.com
24/bestp/domrep.nsf
25BMR




Products & Services Marketing Management Digital Marketing

Optimizing Biopharma Digital Marketing: Insights to Improve Digital ROI, Performance Measurement, Field Force Support & Mobile Engagement

ID: PSM-332


Features:

11 Info Graphics

32 Data Graphics

750+ Metrics

6 Best Practices


Pages: 51


Published: 2016


Delivery Format: Shipped


 

License Options:
close

Single User: Authorizes use by the person who places the order or for whom the order was placed.

Sitewide: Authorizes use of the report for a geographic site. All people at site can view the report for a year and copies can be printed.

Corporate: Authorizes use for the entire company for a year and copies can be printed. No limitations for usage inside the company.




Buy Now

 

919-403-0251

  • STUDY OVERVIEW
  • BENCHMARK CLASS
  • STUDY SNAPSHOT
  • KEY FINDINGS
  • VIEW TOC AND LIST OF EXHIBITS
The bio-pharmaceutical industry recognizes the significant role Digital Marketing plays in engaging physicians, patients and other customer groups. As a result, elite organizations are investing more than ever before in digital marketing to gain customer insights, build better relationships, leverage online media, and grow revenue.

But with greater investment, Digital Marketers are also experiencing intense pressure to deliver results.

Best Practices, LLC undertook benchmarking research to understand how savvy biopharma digital marketers are using new tools and tactics to reduce cost, raise sales force effectiveness, measure performance and ROI for key channels, and critical trends in mobile customer engagement. This study will serve as a benchmark for Digital Marketers to drive performance excellence in the healthcare industry.


Industries Profiled:
Biopharmaceutical; Pharmaceutical; Medical Device; Manufacturing; Biotech; Consumer Products; Diagnostic; Health Care; Chemical; Consulting; Media


Companies Profiled:
Alkermes; Astellas; Baxter International; Bayer; CSL Behring; Daiichi Sankyo; Eisai; Genentech; GlaxoSmithKline ; Insyght; Integra LifeSciences; Medi-Media; Merck; Mylan; Nektar Therapeutics; Novartis; Pfizer; Precision For Value; Prometheus Therapeutics & Diagnostics; Roche; Shionogi Inc.; Sunovion; Takeda Pharmaceuticals; Teva Pharmaceutical Industries Ltd

Study Snapshot

Best Practices, LLC engaged 31 digital, multichannel marketing and other commercial leaders from 24 leading healthcare organizations through a benchmarking survey instrument. Nearly 70% of the study participants serve at the level of director or above.

Key Findings

  • Driving revenue growth is #1 objective for healthcare digital marketers: According to surveyed digital marketers, the top-ranked goals to ensure to the long-term success of the digital marketing function are to: 1) drive revenue growth; 2) raise customer engagement and satisfaction; and 3) increase customer access and marketing reach. Though important, objectives like raising value beyond the pill/product, growing internal digital capability, lowering total marketing costs to the organization and leading product strategy are all more marginal goals.
  • Biopharma mobile footprint now includes regularly updated physician and patient applications: Close to two-thirds of benchmark DM teams have produced physician-oriented mobile applications, with 59% having also created patient-oriented apps and 23% creating apps for other customers (e.g., payers, KOLs). Mobile apps for core customer groups, sustained by regular updates to ensure relevance, have achieved solid uptake, with a high percentage of leading apps having succeeded in garnering more than 1,000 downloads. Digital health apps that may require FDA approval have been launched by 15% of companies; electronic health record-related apps are more rare (4%).

Table of Contents

Executive Summarypgs. 3-10
Research Overviewpg. 3
Participating Companiespg. 5
Key Research Findingspgs. 7-10
Optimizing Digital Operationspgs. 11-17
Digital Investment Trends & Hotspots
Insights for Reducing Costs
Enhancing Field Support & Impact
Improving Performance Measurement & Cross-Channel Attributionpgs. 18-35
Measuring Digital ROI for Key Activities
Effective Metrics, KPIs and MCM Attribution Approaches
Gathering Critical Customer Data & Developing Marketing Insights
Achieving High-Impact Mobile & Digital Health Engagementpgs. 36-43
State of Play for Mobile Engagement
High-ROI Programs
Mobile Tools for Educating Customers & Improving Health
Study Participants Datapgs. 44-49
About Best Practices, LLCpgs. 50-51

    List of Charts & Exhibits

    • Top-Ranked Goals for Digital Marketing Function
    • Percentage of Organization's Total Digital Marketing Budget Allocated to Key Activities
    • Investment into Key Digital Marketing Activities
    • Successful Cost Reduction Tactics
    • Valuable Approaches to Boost Sales Force Effectiveness
    • Level of ROI Measured for Digital Activities
    • Percentage of Companies Achieving Clear ROI (In Terms of Revenue Growth or Cost Savings) Compared to the Average Investment Healthcare Companies Make to Different Digital Programs
    • Extent to which Participating Companies have been Successful in Standardizing Digital KPIs
    • Level of ROI Measured for Digital Activities – Standardized and Non-Standardized KPIs
    • Effective Performance Metrics for Key Digital Channels
    • Effective Performance Metrics for Assessing Social Media Impact
    • Effective KPIs for Measuring the Progress of Digital HCP Engagement Programs and Showing Their Value to Key Stakeholders and Leaders
    • Best Digital KPIs to Standardize across Different Engagement Channels
    • Top Multichannel Marketing (MCM) Attribution Approaches Used to Determine ROI for Different Customer Groups (Physicians, Patients, KOLs and Payers)
    • Critical Customer Data Streams and Sources Used by Digital Marketing Teams to Distill Insights and Improve Customer Engagement
    • Success Stories - Using Data to Drive Digital Marketing ROI
    • State of Play for Healthcare Mobile Applications
    • High-ROI Mobile Engagement Programs
    • Effective Mobile Apps and Tools to Educate Customers & Enhance Decision Making
    • Effective Mobile Apps to Support Digital Health & Digital Medicine