Creating a medico-marketing strategy for a product basket of a single therapy area
Dr. Sangeeta Dhanuka
Providing #manuscripts, CME #presentations, #medicalcommunications, #medicomarketing, #digitalmarketing, and #medicalaffairs solutions for #pharma and #medicaldevices
Pharma and medical device #marketers often face a common dilemma. How to sell multiple products in the basket for the same indication. You might have an anti-hypertensive as old as #nifedipine along with a #telmisartan, #antidiabetic agents as old as a #metformin or #glimepiride with the latest DPP-4 inhibitor or GLP-1 analog, an #anticancer drug that is being used for decades along with a newer more potent drug, a new device that has more features along with an old one that gets you the volumes and value.
While every marketer desires that they can do away with the old product(s) and can get the entire sales of the old one(s) from the new product plus good incremental sales from the new product, it remains wishful thinking. In reality, one has to live with the basket, with the pressure of maintaining or even increasing the sales of the old product(s) and generating additional sales from the new one(s). Hence, a deeply thought strategy is a must, and #medicalaffairs has a vital role to play here.
In such a scenario, it might help to create distinct patient profiles for each product, as a communication strategy. A patient profile should be like an image that easily comes up as a visual in the HCP's mind. To be able to do this successfully, one needs to minutely read the latest literature on the products in the basket. One will often find additional information that helps in creating the profile. Some examples are below:
Once you have shortlisted the evidence-based communication points for each product, it might be helpful to present it like a patient case with a visual. This will help in creating a distinct visual image in the mind and a sort of brand identity.
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Once these are done, the next step is coming up with innovative methods of communicating the profiles, which is a topic for another day.
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