This will be a stream-of-bullet-points (with some related commentary) on this conference on the use of digital technologies in pharma marketing. Session #3-
Louis Sanquini, Director, Allergy Francise, Meda Pharmaceuticals. Making on-line programming “more clear”
(Ahhh…some passion in this speaker. Yay!)
– Are our budgets aligned with the new reality of on-line consumer behavior? Not even close. Way more for TV and print.
– eMarketers may not have a seat at the table. How to get larger marketing budgets? Display confidence rather than hope. 5 steps to establish confidence
1. Establish the “big bat” – 132 million on-line for health, 82 million for product-specific info. High-percentage year-over-year growth. Establish success with Search. Huge usage by consumers. SEO. Medical directories. Organic and paid search.
:: Educate the brand team. (Yes, but – there is so much turnover in these positions, and I think a great on-line strategy requires long-term, immersed dedication. A problem in pharma brand marketing.)
2. Remove the fog – getting to the “money pages” on the site – the ones that lead to conversion.
:: Integrate in non-search advertising. Awareness on say, Yahoo home page. High favorability data for those who have been exposed to awareness. Also adherence significantly higher than control. Interesting ROI calculation data – (but is it based on tangible, repeatable, transferrable campaigns?)
3. Apply what has been learned – re-targeting the most valuable consumers. Behavioral targeting.
900,000 YouTube visits for Astelin (allergy) video in 5 months.
4. Be the Blender – use lots of stuff. Bid-based program (Google Radio/Newspaper/TV) – paying only for impressions realized. Compare reach and CPM with traditional media!
“Integrated Elevator Story” – the numbers from all the channels, in one report or dashboard. Marketing nirvana!
5. Know where to go. What are the potential channels?
:: Great stuff. Gotta be able to show tangible impact.
Lou Sanquini’s passion for innovation that drives ROI isn’t typical, but it’s fast becoming a requirement for pharma marketers who will find themselves with fewer TV axes and more online scalpels. Lou’s real experience, intellectual curiosity, and creativity have allowed him to get results from programs others are still “piloting.” I’m with Lou: Think Big, Track And Optimize, Integrate…
Jack Barrette, CEO
WEGO Health
http://www.wegohealth.com