Across Health 2014 Multichannel Barometer survey shows Pharma’s painful progress towards digital productivity.
The 2014 Multichannel Barometer survey from Across Health paints a picture of a Life Sciences industry still struggling to come to terms with the realities of multichannel marketing.
The survey, now in its sixth year, shows digital spend plateauing compared with 2013 (15.6% vs 16% of total marketing budgets). This is in stark contrast to other industries, where spending on multichannel initiatives is already well over 20% and set to increase by 10% in 2014.
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Across Health Multichannel Barometer 2014
1. 01 02 03 04 05
Across Health is pleased to present you with the state
of the multichannel landscape in life sciences in
Europe, US and emerging markets – for the sixth year
already. Find out whether multichannel has reached its
full potential in life sciences or not… yet!
Click for preface by CEO Fonny Schenck
KEY SURVEY
STATISTICS
EXECUTIVE
SUMMARY
ADOPTION OF
MULTICHANNEL
KEY
CHALLENGES
FUTURE OF
DIGITAL LIFE
SCIENCES
2. 01 02 03 04 05
10/06/14 Across Health Multichannel Barometer 2014 2
302 LIFE SCIENCES LEADERS
COMPLETED THE BAROMETER,
MAKING IT THE LARGEST OF
ITS KIND.
WHAT ARE THE KEY
DYNAMICS? SATISFACTION,
CHANNEL USE, HURDLES AND
BUDGET TRENDS.
BUDGETS PLATEAU AT A LOW
LEVEL; MIX OPTIMIZATION AND
CUSTOMER ANALYTICS
REMAIN AN ISSUE.
LEGAL-REGULATORY ISSUES
REMAIN THE KEY HURDLE,
BUT ROI AND LACK OF
KNOWLEDGE MOVE UP.
MOBILE & CROSS-CHANNEL ON
THE INCREASE… SEVERAL
HIGH-IMPACT CHANNELS
REMAIN UNDERUSED.
Preface
Last year, we saw satisfaction, knowledge and spend levels in multichannel plateauing
and suggested that pharma was entering the trough of disillusionment, as defined
by Gartner. This hypothesis is confirmed by this year’s results... overall, satisfaction
levels are down vs 2013, and the importance of ROI evidence and internal
skills is rising. In addition, there is a clear mismatch between what respondents feel is very
impactful vs what they do.
Most strikingly, digital spend is plateauing vs last year, from 16 to 15.6% of marketing spend...
while other industries are already over 20% and intend to up that by 10% or more in 2014.
Setting up the right organization (companywide strategy, processes & technology,
organization...), focusing on the right set of multichannel tactics, rolling them out at scale and
measuring for performance are key steps to move beyond the trough of disillusionment.
We are seeing an increasing focus on such strategic efforts – maybe 2015 will be the first year of
the“plateau of productivity”... and 2014 the last year of the long fuse?
Fonny Schenck
Managing Partner, Across Group
CEO, Across Health
KEY SURVEY
STATISTICS
EXECUTIVE
SUMMARY
ADOPTION OF
MULTICHANNEL
KEY
CHALLENGES
FUTURE OF
DIGITAL
2011 2012
2013
2014
2015?
The
long fuse?
3. 01
10/06/14 Across Health Multichannel Barometer 2014 3
Key survey statistics
302 RESPONDENTS
FROM 100 LIFE SCIENCE
COMPANIES COMPLETED
THE ONLINE SURVEY
BETWEEN FEB. 25 AND
APRIL 3, 2014 PHARMA
RESPONDENTS
MAKE UP THE BULK
GLOBAL SPREAD,
BUT MOST
RESPONDENTS
FROM EUROPE
ONE THIRD HAVE
INTERNATIONAL
ROLE
MOST FUNCTIONS
IN MARKETING &
DIGITAL
6. 01Key survey statistics 69% work at National / local level,
while 31% have an international role*
10/06/14 Across Health Multichannel Barometer 2014 6
KEY
STATISTICS
National/local
69%
Regional
18%
Global
13%
7. 01Key survey statistics
Functional Spread
10/06/14 Across Health Multichannel Barometer 2014 7
KEY
STATISTICS
7%
2%
3%
5%
6%
11%
21%
44%
Other
IT
Marketing Research
Medical
CRM
Sales
Digital
Marketing
8. 02
LEGAL-REGULATORY
ISSUES REMAIN THE
TOP HURDLE, ROI &
LACK OF KNOWLEDGE
RISING FAST
WEBSITES ARE MOST
POPULAR TACTIC,
CROSS-CHANNEL AND
MOBILE RISING FAST
SATISFACTION LEVELS
REMAIN BELOW 20%
MULTICHANNEL
BUDGETS HAVE
PLATEAUED
10/06/14 Across Health Multichannel Barometer 2014 8
Executive
summary
9. 02
Websites remain the top digital
tactic. Tablet detailing is a
strong second, and mobile and
multichannel are rising quickly.
In terms of impact vs use,
there is clearly a mismatch,
with several high-impact
tactics just being piloted, while
highly-used tactics receive a
medium impact score.
Executive summary
REGULATORY ISSUES
REMAIN TOP HURDLE, ROI
& LACK OF KNOWLEDGE
ARE RISING
WEBSITES ARE MOST
POPULAR TACTIC,
CROSS-CHANNEL AND
MOBILE RISING FAST
SATISFACTION LEVELS
REMAIN BELOW 20%
MULTICHANNEL
BUDGETS HAVE
PLATEAUED
The top 4 bottlenecks for
success are regulatory/legal/
compliance issues, lack of
digital strategy, ROI, and lack
of internal knowledge. The
latter two continue to rise fast.
Multichannel budgets seem to
have plateaued – at least for
now. Pharma continues to
underspend on digital vs other
industries and vs customer
needs…as business pressures
increase, we expect a strong
growth in the next few years.
Satisfaction with multichannel
edges higher in 2014 – but is
still below 20%...although
respondents continue to
believe that their multichannel
HCP efforts are on par with the
competition…perhaps nobody
is doing it really well?
10/06/14 Across Health Multichannel Barometer 2014 9
Full infograph
11. 03
DO WE STILL HAVE
INSUFFICIENT
KNOWLEDGE & SKILLS
IN DIGITAL?
IN THE MIX:
WHAT IS HOT?
& WHAT IS NOT?
WE CAN’T GET NO
SATISFACTION?
10/06/14 Across Health Multichannel Barometer 2014 11
Current adoption
of multichannel
12. 03 Current adoption of multichannel
STRATEGY, PEOPLE,
SKILLS: ROOM FOR
IMPROVEMENT!
SEVERAL HIGH-IMPACT
CHANNELS ARE
UNDERUSED
RESPONDENTS DO NOT
FEEL VERY CONFIDENT
• Around 60% of respondents
has a multichannel brand/
company strategy in place,
but only around 25% of those
consider it well executed (ie,
15% of all respondents)…
• More than 60% have a local
and/or international team in
place; but less than 50% of
those feel it is very effective –
local teams score significantly
better than international ones
• Multichannel skill sets
continue to be low – and are
even lower vs 2009 (45% vs
37% with at least sufficient
knowledge)
• Confidence in reaching
patients & payers is even
lower, and for patients too,
confidence levels are
dropping (Europe)... this
correlates well with the
limited use of high-impact
patient channels
(adherence, monitoring)
• As last year, multichannel
initiatives targeted at HCPs are
considered more competitive
vs other customer groups....but
only 24% feels this way...and in
Europe, confidence is
dropping. As in most other
overviews, emerging markets
score higher, but that may be
due to the earlier stage of
adoption (“hype” phase)
• Pilot focus continues to be on
cross-channel & mobile mkt,
while also patient adherence is
rising through the ranks
• There is also limited use of
third-party marketing &
education opportunities (“fish
where the fish are”) – less than
50% have included such
channels so far.
• Pharma-owned websites still
remain the most popular tactic,
followed closely by tablet
detailing. Mobile marketing is
picking up, along with cross-
channel
• Focused patient tactics are just
emerging, with patient
adherence tools scoring 26%
standard use (quantified, self,
social media and remote
monitoring scoring much lower)
• Interestingly, the most used
tactics are not always seen as
the most effective… there is
only 1 tactic in the high use/
impact box, and highly effective
tactics like multichannel and
patient tools are hardly used.
10/06/14 Across Health Multichannel Barometer 2014 12
32. 04
What are the key
challenges in applying
multichannel?
10/06/14 Across Health Multichannel Barometer 2014 32
KEY HURDLES ROI KNOWLEDGE
33. 04 Key challenges
10/06/14 Across Health Multichannel Barometer 2014 33
KEY HURDLES ROI KNOWLEDGE
• As last year, regulatory,
legal, and compliance
issues, ROI, and lack of
digital strategy remain the
main challenges globally.
• In emerging markets,
regulatory, legal, and
compliance issues are by far
the main concern (as
opposed to ROI last year). In
Europe, ROI issues are
almost as important as
regulatory concerns and in
the US, the most advanced
multichannel market, ROI
has taken the top spot.
• Overall, ROI concerns and
lack of internal knowledge
have increased the most
since 2010. Interestingly,
also lack of management
support is going up (perhaps
they have been disappointed
by the business impact of the
current programs)
• Interestingly, only about 33%
of respondents feel they
have a poor understanding
of ROI...so the framework is
there...but the results are
underwhelming?
39. 05
10/06/14 Across Health Multichannel Barometer 2014 39
BUDGET CHANNEL MIX &
CUSTOMER
INTELLIGENCE
What holds the future for
digital in life sciences?
40. 05 The future of digital in life sciences
10/06/14 Across Health Multichannel Barometer 2014 40
BUDGET CHANNEL MIX &
CUSTOMER
INTELLIGENCE
In view of the weak results on
key parameters like strategic
and organizational excellence,
skill level, use of high-impact
channels and overall
satisfaction level, it should not
come as a surprise that the
investment in multichannel has
plateaued vs last year – at a
much earlier point than other
industries.
Little progress is also being
made on these 2 key areas
• Channel mix: For 9 out of
10 respondents, defining
the optimal channel mix is
not a simple task
• Customer intelligence:
More than 4 of 5
respondents have not
implemented a robust
framework to leverage
customer data for closed-
loop marketing yet
48. 01 02 03 04 05
Final thoughts 2014… the long fuse?
Digital will have a major impact on the outlook of healthcare, with empowered patients/caregivers,
real-time clinical trials, the rise of the EHR & PHR 2.0, tight patient-physician connectivity and
sophisticated payor programmes to name but a few key trends.
Yet healthcare has traditionally been a slow adopter of new technologies at scale, which also reduces
the business pressures on pharma to take the leap of faith. In life sciences, multichannel is very much
evolutionary, rather than revolutionary.
The comparison with the long fuse is therefore quite adequate…it may still take a while before the
healthcare market “explodes”, but it is high time to start preparing for this transformational event and
to jockey for position. As Marissa Meyer (Yahoo) puts it: Don't look for the "right" answer. There's a lot
of good choices and then there's the one you pick, commit to, and make great.”…
We hope we have given you some handles to improve your multichannel programme and wish you
continued success in your journey!
Fonny Schenck
Managing Partner, Across Group
CEO, Across Health
LOREM IPSUM DOLOR SIT AMET,
CONSECTETUR ADIPISCING ELIT.
IN NIBH TELLUS, FRINGILLA AT
LOREM IPSUM DOLOR SIT AMET,
CONSECTETUR ADIPISCING ELIT.
IN NIBH TELLUS, FRINGILLA AT
LOREM IPSUM DOLOR SIT AMET,
CONSECTETUR ADIPISCING ELIT.
IN NIBH TELLUS, FRINGILLA AT
LOREM IPSUM DOLOR SIT AMET,
CONSECTETUR ADIPISCING ELIT.
IN NIBH TELLUS, FRINGILLA AT
LOREM IPSUM DOLOR SIT AMET,
CONSECTETUR ADIPISCING ELIT.
IN NIBH TELLUS, FRINGILLA AT
KEY SURVEY
STATISTICS
EXECUTIVE
SUMMARY
ADOPTION OF
MULTICHANNEL
KEY
CHALLENGES
FUTURE OF
MULTICHANNEL
10/06/14 Across Health Multichannel Barometer 2014 48
2011 2012
2013
2014
2015?
“Chance favours the
prepared mind”
Find us at
a-cross.com/health