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Products & Services Sales and Marketing New Product Development and Launch Ensuring Market Focus Customer and Thought Leader Involvement

Supporting Successful Product Launches: Tactics for Educating Thought Leaders

ID: 5077


Features:

30 Info Graphics

17 Data Graphics

230+ Metrics

9 Narratives


Pages/Slides: 58


Published: Pre-2014


Delivery Format: Online PDF Document


 

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  • STUDY OVERVIEW
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Non-members: Click here to review a complimentary excerpt from "Supporting Successful Product Launches: Tactics for Educating Thought Leaders"


Study Overview

Educating the marketplace about a new product is an essential component of a successful launch and market positioning. Thought Leaders who can influence the thinking and habits of both physician and patient communities are one of the key ways that organizations seek to separate their products from competitors. Thus it is critical for companies to ensure that education efforts around new products effectively reach and influence Thought Leaders. This study examines a number of issues that revolve around Thought Leader education tactics and strategies. This field research and benchmarking study also presents benchmarks around targeted number of thought leaders by development phase, number of MSLs employed by phase, relationship development timing by type of Thought Leader, and roles of Thought Leaders. Executives can use this research to compare their Thought Leader education strategies and tactics with those of leading organizations.

Key Topics

  • Summary of Key Insights, Findings and Lessons Learned
  • Research Participants, Launch Experience, and Therapeutic Area Demographics
  • Developing Integrated, Continuous Thought Leaders Strategies
  • Thought Leader Relationship & Value Management
  • Voices From the Field: Best Practices, Lessons Learned & Pitfalls To Consider

Sample Key Metrics
  • When in development cycle start key education activities for Thought Leaders
  • Three most important education activities for Thought Leaders
  • Number of Thought Leaders targeted during Phase III to Launch period
  • Number of MSLs assigned during Phase III to Launch period
  • Timing of relationship development for various Thought Leader segments
  • Frequency of MSL calls to national and regional Thought Leaders
  • Role of various Thought Leader types in key education activities

Methodology

Research was conducted through surveys and inteviews. Research participants included 34 executives and managers from 26 leading pharmaceutical, biotech and medical device companies. Nine executive interviews were conducted as part of this research project.

Industries Profiled:
Pharmaceutical; Biotech; Health Care; Service; Medical Device; Technology; Manufacturing; Consumer Products; Diagnostic; Chemical


Companies Profiled:
GlaxoSmithKline; ARIAD; Pfizer; Integrated Communications Corp.; Novartis; Genitope Corporation; NeoVista; Inc.; Amgen; Novo Nordisk; Johnson & Johnson; AstraZeneca; Roche; Lilly; Bayer; Human Genome Sciences; Boehringer Ingelheim; Nobel Biocare; Abbott; Solvay Pharmaceuticals; Genentech; Sanofi-aventis; Smith & Nephew; Amylin; Janssen Cilag Pharmaceutical; Dr Reddy's Laboratories; Spectrum Pharmaceutical

If you purchase Best Practice Database document(s), you will have 30 days from the date of purchase to apply some or all of the cost of the document(s) toward the cost of a Full Access Individual, Pharma, Group or University Membership. Write us at DatabaseTeam@bestpracticesllc.com or call David Guinn at 919-767-9179 if you have any questions.