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With the breakneck pace of innovation, the world today is vastly different than it was a decade ago. You can no longer take a one-size-ts-all approach to marketing. Todays consumers, whether patients or Healthcare Professionals (HCPs), demand that you know who they are, where they are, what they need, and when they need it. With the rise of social media, consumers have greater control, openly sharing their positive and negative opinions of everyday
38%
54.2% 48.6%
OF WOMEN OF MEN
20%
Increase in consumer expectations over the past 5 years
5%
How much brands have kept up with expectations, a big gap between whats desired and whats delivered
The essence of a Multichannel Marketing (MCM) strategy must center on your ability to reach, connect, and deliver value and relevance to various customers. An MCM solution should have a simple, but hugely ambitious purpose: To inspire people to take actionto learn, to speak with condence, to participate, and to share. Its about engagement and dialogue. And by embracing an MCM strategy, you can create connections with HCPs and patients that lead to measurable business impact. To succeed in this new environment and drive stronger MCM initiatives, you should follow three guiding principles explained on the following pages.
epsilon.com
GUIDING PRINCIPLE
I M P E R SON AL
MULT I C H AN N EL MARKET I N G
TA RG ETED
MU LTICHA NNEL MA RK ETING O F F L I N E
O F F L I N E
O N L I N E O N L I N E
BR AND
Impersonal multichannel marketing is ineffective. Inundating customers with the same information wont get you far.
Using a targeted multichannel approach will help you understand customers individual needs and tailor your messages. Customers will walk away with the feeling They understand my needs and give me relevant, timely information at every turn.
epsilon.com
GUIDING PRINCIPLE
72
of marketers see the importance of online personalization but dont know how to incorporate it
54%
The challenging part of MCM is that you may attempt to build relationships with HCPs and patients who dont fully understand what you offer, especially amid brand confusion and the chaotic healthcare landscape. When asked about your customers, you may look through your database and give general information such as HCP practice proles, prescribing patterns, co-morbidities, medications, response history, or channel preference. To achieve superior MCM: Surpass basic geo-demographic and transactional level data and past behaviors. Analyze insight from consumer activity, in real time. Determine what consumers are discussing, what theyre sharing, which topics they value, and what channels they prefer.
of marketers who have used Web personalization generated positive ROI within months of implementation
GUIDING PRINCIPLE
41
of people said social media would affect their choice of healthcare provider
77%
You may think of MCM in terms of outbound communications or interactions with people who are in a marketing database. The challenge is that most, if not all, interactions you have with consumers are not initiated in the marketing database or from your website. Brand interactions start with consumers searching for information on the Web, discussing topics with their peers (online or ofine), and visiting third-party sites. Determine how customers learn about your brand and build relationships with you across these channels. Identify all touch points. Understand which engagements are most important and connect those touch points in a meaningful way. By creating brand experiences and relationships that provide inspiration, you can drive audiences to take the next step in their treatment journey or prescribing path.
52% 81%
of smartphone owners, have used their phone to look up health or medical information
To learn more about how MCM strategies will drive results for your business, contact Steve Messina, Business Development Manager, Epsilon, at 905.425.0440.
Sources Social Interactions Affect Brand Perception, MediaPost, Feb. 19, 2013 Online Insights, Burst Media, April 2013 Brand and Marketing Trends for 2014, Forbes, Dec. 4, 2013 11 Useful Digital Marketing Statistics, Business2Community, May 31, 2013 Pew Internet: Health, Dec. 13, 2013, Pew Internet & American Life Project Infographic: How Health Consumers Engage Online, Geonetric, Nov. 1, 2012 The Digital Journey to Wellness: Hospital Selection, Google Think Insights, September 2012 Infographic: Rising Use of Social and Mobile in Healthcare, Spark Report Dec. 17, 2012
Our approach
Creating effective connections that drive tangible business results
About Epsilon Epsilon works with 10 of the top 10 global pharmaceutical companies creating customer connections that build brand and business equity. A new breed of agency for a consumer-empowered world, our unique approach harnesses rich data, world-leading technologies, engaging creativity and transformative ideas to ignite connections between brands and customers that deliver results. Recognized by Ad Age as the #1 U.S. Agency from All Disciplines, #1 World CRM/Direct Marketing Network and #2 U.S. Digital Agency Network, we employ over 5,000 associates in 60 ofces worldwide. Epsilon is an Alliance Data company. For more information, visit www.epsilon.com, follow us on Twitter@EpsilonMktg or call 800.309.0505.