Case Study: CSL Behring has Built An Omnichannel Platform To Impact Its Business

MediaPost Live
1 Mar 202423:40

Summary

TLDRStuart Davis, Global Director of Marketing at CSL, shares insights on their journey to an orchestrated customer experience in the pharmaceutical industry. He discusses the importance of data integration, understanding customer preferences, and leveraging technology for personalized marketing. Davis highlights the implementation of platforms like Viva, On24, and Inmail to enhance communication and drive business growth. The presentation also covers CSL's future plans, including a digital factory for content creation and a centralized marketing system to optimize customer experience and ROI.

Takeaways

  • 😀 Stuart Davis, Global Director of Marketing at CSL, has extensive experience in omnichannel marketing targeting various stakeholders including patients and healthcare professionals.
  • 📈 Davis emphasizes the importance of using the right terminology in marketing to avoid confusion and ensure clear communication of strategies.
  • 🔍 CSL's marketing strategy began with a focus on understanding customer data, including demographics and prescribing behaviors, to create an orchestrated customer experience.
  • 🛠 The company implemented a CRM platform called Viva and later integrated additional marketing capabilities such as a virtual events platform called On24 and a DAM system for content sharing.
  • 🤝 Integration of marketing platforms with sales tools, like Viva and Inmail, ensures that sales reps are informed about customer interactions, enhancing their ability to meet customer needs effectively.
  • 📊 Measurement is a critical component of CSL's marketing approach, with regular assessments of content reuse, event participation, and email engagement to drive accountability and improvement.
  • 🌐 CSL aims to build a data warehouse to consolidate information from 300 different sources globally, facilitating a better understanding of business operations and customer preferences.
  • 📈 The company's future plans include a closed-loop marketing system, a digital factory for content creation, and a focus on maximizing product value through systematic new product launches.
  • 🛑 Davis highlights the McKenzie study that suggests a well-executed omnichannel strategy can lead to significant business growth, cost savings, and improved customer satisfaction.
  • 📝 The presentation concludes with a discussion of potential vendors and technologies that CSL is considering to further develop and implement their omnichannel marketing strategy.

Q & A

  • Who is Stuart Davis and what is his role at CSL?

    -Stuart Davis is the Global Director of Marketing at CSL, a company specializing in rare disease treatments. He has been involved in Omni-channel marketing for many years, targeting various audiences including patients and healthcare professionals.

  • What does CSL stand for and what is its focus?

    -CSL stands for Commonwealth Serum Laboratories, and it is a biopharmaceutical company focused on rare diseases, with a global presence in 40 affiliates across four operating regions.

  • What is an 'orchestrated customer experience' and why is it important?

    -An 'orchestrated customer experience' refers to a coordinated and personalized approach to engaging with customers across various channels. It is important because it helps to build a better understanding of customer preferences and behaviors, leading to more effective marketing strategies.

  • What is the significance of having a data warehouse in CSL's digital transformation strategy?

    -The data warehouse is crucial for consolidating data from 300 different sources worldwide. It enables a better understanding of the business and the creation of an orchestrated customer experience by analyzing demographics, prescribing behaviors, and preferred channels of customers.

  • How does the integration of the virtual events platform 'On24' with CSL's CRM system benefit the sales reps?

    -The integration allows sales reps to access data from customer registrations and attendance at events. They can see what questions were asked, survey responses, and content engagement, which helps them to better understand customer needs and accelerate demand growth.

  • What is the role of the DAM (Digital Asset Management) system in CSL's marketing strategy?

    -The DAM system is essential for sharing and reusing content globally. It addresses the issue of content silos by allowing affiliates to access and reuse content created in other regions, maximizing the value of the $50 million spent annually on content creation.

  • What are the key components of CSL's marketing platform foundation as outlined by Stuart Davis?

    -The key components include the CRM platform Viva, the virtual events platform On24, a global events agency for new customer acquisition, a DAM system for content sharing, and an email platform for integrated marketing and sales communication.

  • How does CSL measure the success of its marketing initiatives?

    -CSL measures success through various metrics such as content reuse rates, event participation, and the engagement of customers with marketing content. They also track the adoption of new marketing tools and the ROI of marketing campaigns.

  • What is the future plan for CSL's marketing strategy as mentioned by Stuart Davis?

    -The future plan includes developing a closed-loop marketing system, enhancing marketing competencies, piloting next best action with Salesforce, modularizing content for efficiency, and potentially building a digital factory to streamline content creation and distribution.

  • How does CSL plan to optimize and scale its marketing efforts?

    -CSL plans to optimize and scale by defining a clear roadmap for marketing, creating a centralized marketing strategy housed within an OCE platform, and leveraging technology and data to make informed decisions about content creation and distribution.

  • What is the concept of a 'digital factory' in the context of CSL's marketing strategy?

    -A 'digital factory' is a closed-loop system that streamlines content creation, approval, modularization, and delivery through a global media agency. It measures the effectiveness of content in persuading customers and generating product demand, allowing for continuous optimization.

Outlines

00:00

📈 Introduction to Omni-Channel Marketing at CSL Behring

Stuart Davis, Global Director of Marketing at CSL Behring, introduces the concept of Omni-Channel marketing, emphasizing the importance of targeted marketing to various stakeholders including patients, healthcare professionals, and others. He outlines the journey of CSL Behring's digital transformation, the challenges faced, and the foundational steps taken to integrate marketing capabilities with customer-facing functions. Stuart also highlights the significance of the term 'orchestrated customer experience' over 'Omni-Channel' to avoid confusion and sets the stage for a discussion on measurement, results, and future plans.

05:00

🛠 Building the Foundation for an Orchestrated Customer Experience

The second paragraph delves into the specifics of CSL Behring's approach to creating an orchestrated customer experience. It discusses the initial steps taken, such as connecting the company's digital transformation strategy to commercial needs, building a data warehouse to consolidate global data sources, and establishing an orchestrated customer experience. The paragraph also covers the integration of various platforms like CRM, virtual events, and digital asset management to streamline marketing efforts and enhance customer engagement. The focus is on understanding customer preferences, serving relevant content, and measuring the effectiveness of these efforts to drive business growth.

10:01

📊 Measuring Success and Driving Adoption in Marketing Initiatives

In this segment, the emphasis is on the importance of measurement in marketing to ensure accountability and to drive the adoption of new marketing platforms and strategies. The company's approach to incentivizing the use of marketing tools by measuring and publicizing the performance of different regions and teams is discussed. The benefits of using integrated platforms like on24 for event management and inmail for email marketing are highlighted, showing how these tools contribute to cost savings and increased customer engagement. The paragraph also outlines the early results and uptake of these initiatives, indicating a positive trend in the right direction.

15:02

🚀 Future Plans for Enhancing Marketing Capabilities and Business Growth

The fourth paragraph outlines CSL Behring's future plans to further enhance their marketing capabilities and drive business growth. It discusses the intention to create a closed-loop marketing system, the importance of having a unified approach to segmenting and understanding customer behavior, and the plan to pilot an orchestrated customer experience platform. The paragraph also touches on the need for a roadmap to identify gaps and set clear goals for the marketing team, the exploration of next best action with Salesforce, and the consideration of modular content to optimize costs and speed of distribution.

20:02

🤝 Integrating Sales and Marketing for Optimal Customer Experience

The final paragraph focuses on the integration of sales and marketing efforts to maximize customer experience and ROI. It discusses the importance of understanding the customer journey from awareness to adoption and the role of persuasive content in this process. The paragraph also highlights the company's intention to build a digital factory to streamline content creation and distribution, the plan to define clear roles for all stakeholders, and the development of a three-year plan to scale people, processes, and technology effectively. The potential vendors and technologies being considered for these initiatives are also mentioned, providing a glimpse into the strategic direction of CSL Behring's marketing efforts.

Mindmap

Keywords

💡Omni Channel

Omni Channel refers to the integration of multiple customer touchpoints into a seamless and unified experience across different platforms and devices. In the video, Stuart Davis emphasizes the importance of an orchestrated customer experience over the term Omni Channel due to the potential for confusion. The concept is central to the video's theme of enhancing marketing strategies to better serve customers and healthcare professionals (HCPs).

💡Orchestrated Customer Experience

An Orchestrated Customer Experience is a strategic approach to engaging customers by understanding their preferences and behaviors to deliver a personalized interaction across various channels. The video discusses this concept as a more comprehensive alternative to Omni Channel, with the goal of creating a more impactful and efficient marketing strategy, as exemplified by Davis's explanation of targeting specific customer segments and behaviors.

💡CRM Platform

A Customer Relationship Management (CRM) platform is a system used to manage a company's interactions with current and potential customers. In the script, Viva is mentioned as the chosen CRM platform for the company, highlighting its role in capturing and analyzing customer data to facilitate a more personalized customer experience.

💡Data Warehouse

A Data Warehouse is a large, centralized repository of data that is used for reporting and data analysis. In the video, the construction of a data warehouse is identified as a crucial step in the digital transformation strategy, allowing the company to consolidate information from 300 different data sources globally, which is essential for understanding customer behavior and preferences.

💡Digital Transformation Strategy

A Digital Transformation Strategy outlines how a company will use digital technologies to enhance its business offerings and engage with customers. The script describes the company's strategy to connect its digital transformation with its commercial goals, emphasizing the importance of building a data warehouse, orchestrating customer experiences, and maximizing product value.

💡Content Personalization

Content Personalization is the process of tailoring content to meet individual customer preferences and needs. The video discusses the importance of understanding customer demographics and prescribing behaviors to create a personalized experience. This is exemplified by the company's efforts to serve up content that informs and persuades customers to use their products more effectively.

💡Virtual Events Platform

A Virtual Events Platform is an online service that allows for the hosting of events, such as webinars and symposia, which can be accessed on-demand. The script mentions 'on24' as the platform chosen by the company to host global events, emphasizing its importance in reaching physicians who may not be able to attend live events and ensuring that they can access content at their convenience.

💡Digital Asset Management (DAM)

Digital Asset Management is the organization and optimization of digital assets or content using specialized software systems. The video highlights the implementation of a DAM system to facilitate the sharing of content globally, which was previously a challenge due to the inability to locate or reuse content created in different regions, thus improving efficiency and reducing costs.

💡Measurement

In the context of the video, Measurement refers to the process of evaluating the effectiveness of marketing strategies and initiatives. The script emphasizes the importance of measurement in driving adoption of new platforms and strategies, such as the use of Viva and on24, by holding teams accountable for their performance and encouraging competition between regions.

💡Modular Content

Modular Content is content that is designed in a way that it can be easily repurposed or reused across different marketing channels. The video discusses the benefits of creating modular content for efficiency and cost-effectiveness, as it allows for faster and cheaper distribution of approved content through various channels.

💡ROI (Return on Investment)

ROI is a measure used to evaluate the efficiency of an investment or compare the efficiency of different investments. In the script, ROI is discussed in the context of understanding the financial return from marketing efforts, such as the number of prescriptions generated from a specific marketing channel or the cost-effectiveness of different promotional methods.

Highlights

Stuart Davis, Global Director of Marketing at CSL, discusses the importance of an orchestrated customer experience in omnichannel marketing.

CSL's journey in omnichannel marketing began without marketing involvement, highlighting the need to build a strong foundation for digital transformation.

The necessity of connecting the company's digital transformation strategy to commercial needs is emphasized for a successful omnichannel approach.

Davis explains the three key components of CSL's strategy: building a data warehouse, orchestrating customer experiences, and maximizing product value.

Orchestrated customer experience is defined as understanding customer demographics, behaviors, preferred channels, and serving relevant content.

CSL's implementation of the CRM platform 'Viva' and its integration with other marketing tools to capture customer engagement data.

The introduction of a virtual events platform 'on24' to provide on-demand content for physicians and its integration with Viva for data capture.

The importance of digital asset management with the DAM project to share and reuse content globally, reducing costs and enhancing efficiency.

The role of measurement in driving adoption of new marketing platforms and the competitive aspect it introduces among different regions.

Davis shares early results of CSL's omnichannel marketing efforts, showing promising uptake and engagement with the new systems.

The future plan includes a closed-loop marketing system, a standardized approach to segmenting and behavior change across all affiliates.

CSL's intention to pilot an OCE platform in Europe due to the region's complexity and potential for learning and scalability.

The concept of a digital factory in marketing to streamline content creation, approval, and distribution for global use.

The importance of understanding and leveraging digital affinity in customer segments for more effective digital communication.

The potential for a 10% growth, 20% savings, and 10% increase in customer satisfaction through effective omnichannel marketing.

The six-step marketing process outlined by Davis, from prioritizing segments to maximizing demand and ROI.

The importance of measuring customer engagement with content as a proxy for increased customer experience.

A discussion on the potential for personalization and customization in marketing strategies, focusing on the most lucrative customer segments.

Transcripts

play00:00

from it we have Stuart Davis who's the

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global director of marketing at CSL

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bearing he has been doing Omni channel

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for many years targeting not only uh

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patients but H hcps uh and and others at

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Proctor and Gamble at Nova Nordisk at

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bris BR Bristol Meers squib and at copi

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please welcome

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[Applause]

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Stuart good all right good morning um

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thank you for the 30 minutes of your

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life um My Hope Is that you uh take away

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a nugget or two of what we've learned in

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our journey on Omni Channel um I put my

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email up here because I've learned I've

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learned a great deal from you uh and

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I've learned from other colleagues and

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I'm actually learning a lot this morning

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uh from May all the presenters um and if

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I can be of any help to you in your

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journey I'm happy to do so so feel free

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to reach out if you need to so let me

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give you uh kind of an overview of the

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discussion today uh I'll give you some

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background uh where we started our

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journey um the term orchestrated

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customer experience what that means we

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don't use Omni channel for some of the

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reasons that I heard from their previous

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presenter Jennifer um it's really

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important you get the words right

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because people get confused if you don't

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um and so I'll Define what we mean by

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that we'll talk a little bit about our

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measurement since our launch uh you'll

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see that we had a lot of catching up to

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do at our company I'm sure many of you

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can relate to that in terms of the

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marketing capabilities You're Building

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uh we also had that issue but we'll talk

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about the the we launch kind of our

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platform in July we'll talk about some

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of the results that we're seeing uh and

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then we'll talk about our future plan uh

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which I think is very exciting uh where

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I think we're going to really unleash

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significant commercial value for our

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company uh CSL bearing is a rare disease

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organization hopefully you've never

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heard of our company because that means

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you may be a patient that's a derable

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thing to be uh by the way but we are in

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40 Affiliates around the world in four

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operating regions and so when we went

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back and started this journey it wasn't

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marketing was wasn't included we were

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out of scope the only thing we did was

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actually launched all the customer

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facing function capabilities sales msls

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when we launched viva viva was our

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chosen CRM platform but marketing had

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nothing to do with it we didn't have a

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seat at the table and I say that because

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wherever you are in your journey you can

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catch up you have to build the right

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foundation which we'll get into but I

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think there's opportunity to really get

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to where you need to be and show value

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very quickly so what did we do well the

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first thing we did and I'm sure every

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company has a digital transformation

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strategy right we all everyone's doing

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something digital we connected that

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strategy of our company to what we need

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to do commercially and there were three

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things one we need to build a data

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warehouse we had 300 different data

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sources around the world how do we put

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this together so people can understand

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their business better how do we then put

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an orchestrated customer experience in

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place we'll get into that what that

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means and then lastly how do we maximize

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product value every company I'm sure in

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this uh in this room has new products

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for launching how do you do it in a more

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systematic way to leverage all the

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learnings that you're getting over time

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and that's what we're in the process of

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building as well so what is orchestrated

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customer experience it's really not that

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complicated and whether you're a patient

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or a physician the same is true right

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we're starting with the physician

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because that's a common denominator

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across the globe we all Market to

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physicians in our company across all of

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our 40 Affiliates so that's where we

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started but we're going to do this for

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patients as well right and it all starts

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with better understanding that data

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warehouse for a physician what are their

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demographics what are their prescribing

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behaviors you need to understand that to

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have a good experience for any brand and

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any affiliate you need to know you also

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need to know what are their preferred

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channels right I may like emails you may

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like text we need to communicate in the

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channels that our customers prefer and

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then we need to serve up content that

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hopefully informs and eventually

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persuades them to use our product more

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this is what orchestrated customer

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experience is for us and we're very

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focused on doing this in the right way

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we started as I mentioned with Viva rept

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triggered emails RTE right um our engage

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platform we captures all the virtual and

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live calls that we place with our

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customers so we started there but we

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wanted to now add additional marketing

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capabilities the first one we added was

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a virtual events platform it's called on

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24 it means it's on 24 hours that's why

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it's called on 24 and that's important

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because Physicians don't come always at

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your live event sometimes they go later

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and they want to see it on demand so

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every symposia webinar we do around the

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globe we put on this platform and

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importantly we integrate it with Viva

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why is that important well when a

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customer registers and or attends we

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capture all of the data and pass it to

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the sales rep that's responsible for

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that customer right so we know what

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questions do they ask in the program

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what was their response to surveys

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how engaged were they you know what

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content did they click on all of that's

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captured and passed to the sales rep so

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they can accelerate demand growth now

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they know what their customer did and

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what their questions they have that's

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going to help for a better detail the

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next time they're in the office and so

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we built that and also added another

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component which is to add new customers

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so everywhere around the world you can

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do non-personal promotional tactics you

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want to do paid search in Hungary we can

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do it for you we have a global events

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agency that goes along with with this to

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drive new customer acquisition and we

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pass that new customer to the

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responsible sales rep that's the whole

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idea it's integrated with what we

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already have that all of our customer

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facing functions are familiar with we've

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also launched a dam my favorite acronym

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that Dam project right digital Asset

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Management very important sharing

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content around the globe you need one of

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these right before we actually launched

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the 2019 believe it or not we couldn't

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even find content from one country to

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another like if you were in in Japan you

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couldn't see what the US was doing and

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you couldn't reuse their content either

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well we spent about $50 million creating

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content every year I bet you your

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organization if you go ask your sourcing

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colleagues how much you're spending it's

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a lot right so what we tried to do is

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share content so people can reuse it

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versus create it on their own we've also

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implemented a marketing trigal email

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platform called inmail it doesn't matter

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which one you use there's many of them

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out there but it's integrated so now the

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sales rep knows when marketing sends an

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email to their customer what the

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customer did right and vice versa that

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wasn't happening before so that

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communication with marketing and sales

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or msls very very important that's the

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platform that we've used this was our

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foundation we launched in July as I

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mentioned only about you know six seven

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months of of results but we're seeing

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some good uptake and um I wanted to

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share that with you now but again this

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is our foundation you could choose

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something different we thought these

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channels and this content sharing was

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the most important thing for us to focus

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on and we were choiceful in the very

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very beginning so how are we doing well

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like real estate it's all about location

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location location marketing it's about

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measurement measurement measurement

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because once you measure people agencies

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they tend to do the things that they

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should be doing all these platforms are

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optional no one forces any company or

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any uh country or Market or brand to use

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these things these are all optional

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things for our Affiliates to use so we

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have to incentivize them doing it right

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how do we do that well we measure

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everyone so if you're creating content I

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know you're creating content as a

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marketer I also know what agencies

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aren't reusing content when they should

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be we post that every month we let

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everyone know who's on the happy list

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and who's on the opportunity list right

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and that's a way to get adoption because

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people want to be congratulated for the

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great work that we're doing Viva would

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tell you on that 50 million spend if we

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get 30% in year three we save 8 million

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in six months we're at 15% why because

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we're measuring it's not because I'm

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some magician it's because people know

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they're going to be held accountable and

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they measure me allows them to do that

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and we actually get little competition

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between our regions wow look at Asia

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they're killing it why isn't the US

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doing that right and so people as

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marketers we competitive right it's a

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great way to instill that competition to

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do the right thing and people are doing

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it also on 24 a great event platform we

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have a global events agency um that can

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speak any language you have in any part

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of the world to do these events but

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we're actually not only finding the

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Integrations helpful we're saving money

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why because a lot of these local event

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platforms are housed by agencies that

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cost a lot of money an on24 platform is

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actually free if you do it yourself so

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we are we have a relationship now that

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any affiliate if in Hungary you don't

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have a lot of money it's okay we have a

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self-service option for you you can do

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an event for free and get that data for

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your customers to pass on to your

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Salesforce inkks smill is the same thing

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we're seeing a lot of good uptick in

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Europe and we're seeing customers

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actually come and say I want to learn

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let me opt in particularly in Germany

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and Austria so we're seeing good uptake

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again it's only six months not a lot of

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data yet but initially we're seeing some

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good update with our foundation but we

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don't want to stop there this is really

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the most important slide we talk about

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remembering one thing this is the thing

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you want to remember the McKenzie study

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that shows what this is worth right

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we're not doing this for an academic

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reasons we're doing it to drive business

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and if we do this right 10% growth 20%

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savings 10% customer satisfaction should

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happen it's happening for other

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companies and the good news is there are

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platforms out there that can help you

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unleash this we'll go through that in a

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few moments but this is really what

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we're going to focus on next how do we

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make this happen so let me give you the

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marketing oneone class right there's

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only six steps and all marketers you

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know these steps but I'm just going to

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review them with you so you understand

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how it's going to come to life with an

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example on the next several slides right

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the first step is let's prioritize our

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segments and what Behavior change we

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want to go after right having a real

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defined way to do that is very important

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we want to identify the journey from

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awareness to adoption right we want to

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persuade we want to use content to

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persuade and then modularize it so we

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can distribute it faster and cheaper and

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we want to communicate in their

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preferred channels and then Max demand

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and Roi that's the six steps that we're

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doing and we're going to have a platform

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hopefully in a few uh months that helps

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us do this so that any brand any

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affiliate can do it themselves so how

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does it work well again content channels

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Services same idea and in this case the

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first step is an important one why it's

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not just prioritizing your segments but

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understanding their digital Affinity the

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more digital Affinity a physician or a

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patient has the better it's cheaper to

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communicate digitally than it is with a

play10:53

person right so understanding and there

play10:55

are there are companies out here that

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will tell you in the US you don't have

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to you don't have to get the data they

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have it for you you can buy it you can

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use that to guide your efforts

play11:05

non-personal promotion that complements

play11:07

your personal

play11:08

promotion you also want to then plot

play11:10

that from awareness to adoption right

play11:12

and what's the important step it's

play11:13

consideration what consideration in the

play11:15

US when you write a sample Because by

play11:18

the doctor when you write a sample you

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write a prescription right so that's the

play11:21

measurement that we're trying to focus

play11:23

on how do we get to that prescription

play11:24

the fastest well the next step in this

play11:28

process is to make sure that we actually

play11:31

have a set of persuasive content that

play11:34

we've modulized this is just an example

play11:37

but it's typical you a pivotal study

play11:39

they got an M video they have you know

play11:41

I'm seeing some nods everyone's doing

play11:43

this right we have uh patient

play11:44

testimonial and then we have a sample

play11:46

form that someone now physician is ready

play11:48

to write a product they're going to

play11:49

write a sample and the prescription so

play11:51

we want to make sure we understand kind

play11:53

of how that works in this example

play11:55

segment one it took four touch points

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these are the pieces of the cont content

play11:59

and these are the preferred channels for

play12:01

that segment this is just a madeup

play12:03

example some segments are going to have

play12:05

three some are going to have five it

play12:06

doesn't matter but being formulaic about

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it is really the help right the next

play12:11

step is say great it took four steps to

play12:13

get that

play12:14

prescription that's really important

play12:16

because that's the goal we want to get

play12:17

them to write their first prescription

play12:19

and then we want to understand how each

play12:21

of those four steps contributed to that

play12:23

one prescription because the more you

play12:25

understand that the more you can

play12:27

optimize the number of Step to get to

play12:29

that one prescription right and this is

play12:31

regression analysis this data is kind of

play12:33

available on these platforms that helps

play12:35

you do this so you can understand how do

play12:37

I get to my demand the fastest that's

play12:38

also true for Roi in this example four

play12:41

steps it was a 4:1 Roi right because you

play12:44

can measure how much you spent in those

play12:46

channels to get to that one prescription

play12:48

but we're not done here because the four

play12:49

step had a rep delivering the sample is

play12:53

that the only way to get a customer to

play12:54

sign a sample form probably not there's

play12:57

external sales organizations that use

play12:59

the phone that are much cheaper and you

play13:01

can drive RI behind nonpersonal

play13:04

promotional channels in this case an

play13:06

external sales rep to drive that Roi to

play13:08

six to1 this is the idea that we're

play13:10

going to you know put this in a box so

play13:12

to speak and give it to our Affiliates

play13:14

to help manage their business smarter

play13:16

than they've been

play13:17

before so let's talk a little bit about

play13:20

our executive summary this is the future

play13:22

plan which is where we're going right

play13:24

the first step is to make sure we have a

play13:27

Clos Loop Marketing System what do I

play13:29

mean by that well today I if you went to

play13:31

different countries around the world

play13:33

they would Divine segments Behavior

play13:35

changes um their Journeys all

play13:38

differently right that's a problem

play13:40

because if we can't get on the same page

play13:41

how do we know how to do it and how do

play13:43

we measure it right in in a systematic

play13:45

way so we're going to spend some time

play13:48

defining what is the right you know

play13:50

brand strategy template so to speak

play13:52

right and importantly we're going to

play13:54

house that inside that oce platform and

play13:56

then we're going to make sure we have

play13:58

the right Market marketing competency

play13:59

support as Jennifer mentioned not

play14:01

everyone understands digital marketing I

play14:03

certainly didn't a few years ago I've

play14:05

learned a great deal and I'm sure we're

play14:07

all learning right a lot of our

play14:08

marketers around the world they don't

play14:10

have the same knowledge yet we want to

play14:11

make sure they have the important

play14:12

knowledge sets to enable this we're also

play14:15

going to Pilot a number of things and

play14:16

some of these things are already been

play14:17

mentioned but the first is really

play14:19

important one which is a road map we're

play14:20

going to ask all of our marketing

play14:22

leaders and marketers what do you want

play14:24

marketing to be three years from now

play14:26

what should we go for and where are our

play14:28

gaps

play14:29

we need a road map because if we don't

play14:31

have our gaps identified we're not going

play14:33

to get to what we want to be right so

play14:35

that's the first step in this and we're

play14:37

actively starting that conversation I'm

play14:38

going to show you the vendors that we're

play14:39

considering the next step will be an oce

play14:43

pilot right that template I took you

play14:45

through we're going to pil it probably

play14:46

in Europe why Europe because that's the

play14:48

hardest well the US is a lot easier um

play14:51

that maybe not the hardest but it it's

play14:53

it's a harder Market to actually do this

play14:55

because the data is not as rich as in as

play14:57

in the US and important we're going to

play14:59

leverage some learnings that we're

play15:00

getting in the US behind next best

play15:02

action we're about to conduct a pilot to

play15:04

understand how do we get that

play15:05

salesperson involved to make them more

play15:08

effective right we don't want to hamper

play15:10

their business but we want to grow it

play15:11

how do we do that and hand things off to

play15:13

them in the right way and then lastly we

play15:16

are going to hopefully build a digital

play15:18

Factory um that's a hope because you

play15:20

know we're we're actually building

play15:22

websites around the world but we're not

play15:23

doing it in the probably the most

play15:25

optimal way and we have some thoughts on

play15:26

how we're going to actually pilot that

play15:28

as well which get into this is the oce

play15:30

in a box as we build our operating model

play15:33

this is going to be the model what I

play15:34

just took you through we're going to

play15:36

give to our Affiliates so they can

play15:38

leverage it on whatever Brands they want

play15:39

to market right this is the operating

play15:41

model that we're going to use and we're

play15:43

going to complement that with a digital

play15:44

Factory we'll get into this slide but

play15:46

the idea of creating content again we

play15:48

spend 50 million it's a lot of money we

play15:51

can become much smarter and let the

play15:52

marketers spend more time on growing

play15:55

their business not creating content and

play15:57

so that's why we're gonna hopefully

play15:59

enable a digital Factory to maximize the

play16:01

impact we're also going to make sure as

play16:03

we scale every stakeholder knows their

play16:06

role what's the agency do what's the

play16:07

marketer do what does mlr do right all

play16:10

those things are important so the

play16:11

marketers spend less time on content and

play16:14

more time growing their business and

play16:15

then lastly we're going to build

play16:16

probably a three-year plan that

play16:18

identifies people processes and

play16:20

technology so that we can in fact have a

play16:24

very uh robust plan that allows us to

play16:27

get to what we want to do in the right

play16:29

time and in the right order so let me

play16:31

take you through a little bit about the

play16:33

the details on this I wanted to share

play16:34

these slides with you in case you need

play16:36

vendors these are the vendors we're

play16:38

considering and not to say that they're

play16:39

the right ones but there're certainly

play16:41

options right so this OC roadmap this

play16:44

whole idea of what we want to do these

play16:46

are the vendors that we're considering

play16:47

to make sure we have a detailed road map

play16:49

defin that identifies our gaps the oce

play16:52

platform there are many companies on

play16:53

this slide um we don't know who the

play16:55

choice is going to be uh that we'll

play16:57

pilot with but again that whole OC in a

play16:59

box that platform is an important part

play17:01

of this solution that we need to figure

play17:03

out who they are and pilot with them um

play17:05

in the coming years we also want to make

play17:08

sure we optimize and scale appropriately

play17:10

what are we doing well Salesforce that

play17:12

next best action that's a very important

play17:14

piece I heard Jennifer talk about that

play17:15

very important I don't we know what we

play17:17

don't know yet because we haven't

play17:18

started this yet but the handoff with

play17:19

our sales that the most highly invested

play17:21

asset our companies have it's really

play17:24

important right we got to make sure we

play17:25

do that well so we're going to learn a

play17:26

great deal on that pilot and these are

play17:28

the vendors that we're considering and

play17:30

then modular content another important

play17:32

piece of that 50 million I talked about

play17:34

Viva would tell you we save another

play17:35

eight with modular it's cheaper if you

play17:37

can get something approved once and

play17:40

distribute in multiple channels it

play17:41

becomes a lot cheaper and faster um and

play17:44

I think there's ways that we're going to

play17:45

learn in a pilot to understand what does

play17:47

mlr really need to do is the same

play17:49

approval process for every piece of

play17:50

content I don't think so and I think

play17:52

that's what we'll learn in that

play17:53

pilot this is a a rather detailed slide

play17:56

in case people interested in knowing

play17:58

what is what is a digital Factory right

play18:00

and this is ours this is what we think

play18:02

is going to work it's a closed loop

play18:04

system that starts with a local a

play18:06

creating content getting it approved

play18:08

modular and delivering it through a

play18:10

global media agency that measures the

play18:14

persuasion and a resulting product

play18:15

demand and so if we learn they're

play18:18

responding to display ads or they're

play18:20

responding to social that media agency

play18:22

is doing it globally and we're spreading

play18:24

those learnings across the world this is

play18:26

the tech stack in case you're interested

play18:28

I'm not a old techie but uh in case you

play18:30

need to know how to go about this these

play18:32

are the technologies that you need you

play18:34

need a master design system you need a

play18:36

Content authoring tool right and you

play18:38

need to have your agencies following it

play18:39

so and those tools could vary by Channel

play18:42

and then you want to feed into an agency

play18:44

that delivers that media in a in a in a

play18:46

very um measured media plan so you

play18:49

understand how to optimize

play18:51

demand this is um the centralization

play18:54

idea right because I think again digital

play18:56

Factory uh we're hoping that we're going

play18:58

to create content in a in a better way

play19:01

than we're doing today we're going to

play19:02

start with websites and Viva content as

play19:05

well as social and once we figure out

play19:07

how we do that well we'll then brought

play19:09

into all of our digital channels but

play19:11

we're going to start there and then the

play19:13

last slide is really just our plan this

play19:16

is what I think we'll do I have no idea

play19:18

if we'll do it uh but this is kind of

play19:19

our thoughts right so the road mapap

play19:22

First Step our oce solution second step

play19:26

with Salesforce coordination we may we

play19:27

may decide to scale that if we have that

play19:30

figured out properly we may want to wait

play19:33

and drive more efficiencies through

play19:34

modular content and also a digital

play19:37

Factory so that's it um just want to

play19:40

open up for any questions steuart thank

play19:43

you so much you're a you're a man after

play19:46

my own heart you pack a lot into a small

play19:48

space you do a great do a great job any

play19:52

other any questions for St

play19:57

yeah

play20:02

thank

play20:03

you hi um go sayin with the clinic by

play20:07

Cleveland Clinic my question SL comment

play20:11

is not related to what I do currently

play20:13

but I'm very

play20:14

curious um a couple jobs ago I worked at

play20:18

an organization where I had the great

play20:21

opportunity to conduct a true 8020 on

play20:25

our hcp customer base

play20:28

um through 8020 if you guys everybody

play20:31

familiar 8020 so 80% of our profits was

play20:35

generated by 16% of our clients uh sorry

play20:39

82% of our profits were generated by 16%

play20:42

of the

play20:44

36,000 clients

play20:48

only under 2,000 of them made real

play20:51

impact on our business that allowed us

play20:53

to change everything that we do from

play20:56

marketing to sales to customer service

play20:59

to product Innovation to everything um I

play21:03

was at the executive team there so had

play21:05

the opportunity to influence all

play21:08

executive management and it's not big

play21:10

Pharma so it's a $250 million company so

play21:13

it was easier to get things done if you

play21:15

will um in that in that um capacity but

play21:19

um I've always been curious like big

play21:21

Pharma or small farma a lot of people

play21:24

over here um I see a lot of work around

play21:28

optimizing customizing for the whole

play21:30

audience there seems to be great

play21:32

opportunities to optimize and customize

play21:35

personalize individualized for a smaller

play21:39

much more lucrative audience existing or

play21:41

prospective client if you will what do

play21:44

you do in that respect is that in within

play21:46

your strategic planning great question

play21:49

and yes uh and that's comes down to the

play21:51

segments that I was showing you those

play21:53

prioritized segments in your example uh

play21:56

the 20% that should be Priority One one

play21:58

right that segments uh assuming they're

play22:00

all similar that's where the focus

play22:02

should be and the others don't really

play22:04

matter as much and and I think that's

play22:06

what we're going to probably do the same

play22:07

thing we now know better our customer

play22:09

base than we've ever have before um and

play22:12

I think we can brze that and that

play22:14

typically would be the first segment you

play22:15

start with because they're the most

play22:16

important not to say the other 8as isn't

play22:18

important but I'd start with so yes is

play22:20

the answer and it's going to be our

play22:21

segment one example thank

play22:26

you

play22:31

hi um you're a man after my own heart I

play22:34

loved this question for you related to

play22:36

and Jennifer T again from UCB um so when

play22:39

you talked about the impact that this

play22:41

could have one of the things was 5 to

play22:43

10% increasing customer experience I'm

play22:45

curious exactly what you'll use to

play22:48

measure that is it like truly increase

play22:50

in NPS or do you have a proxy for

play22:52

customer experience because we're

play22:53

exploring the same so yeah it's a good

play22:55

question the sure answer is I don't yet

play22:56

but I think the the answer answer will

play22:58

be are they engaged in your content did

play23:00

they click on the link that you wanted

play23:03

them to click on to indicate they

play23:04

actually were persuaded by the content

play23:06

you've given them to me is how I think

play23:09

we'll see it um you know I think there's

play23:11

surveys that we'll probably conduct as

play23:13

well I mean if you're communicating I

play23:14

don't know I'm a big text guy but I

play23:16

don't really read what but if you

play23:17

communicate with text I'm responsive my

play23:18

email I'm going to store and I think

play23:20

that would be another measurement which

play23:21

is how quick do they engage if they if

play23:24

it's three weeks later well it's

play23:26

probably not that effective of a channel

play23:27

so I think be multiple measures of

play23:29

content and channels that help address

play23:32

that and we're going to move to Round

play23:34

Table about two minutes where you can

play23:35

engage St directly there thank you once

play23:38

again that was a great presentation

play23:39

thanks so much

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