The Future of Pharmaceutical Marketing
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The Future of Pharmaceutical Marketing

JAYSON LUX INBOUND PHARMA MARKETING

The pharmaceutical market, like other sectors, has had to adapt to a new digital reality because of the continuous technological advances. To do this, they need to develop new marketing strategies to achieve better results within an increasingly globalized and competitive environment. Below I explain what pharmaceutical marketing is—a sector with many restrictions and limitations when dealing with health-related products.

What is Online Pharmaceutical Marketing?

Pharmaceutical marketing is a specialized sector that aims to ensure pharmaceutical products do not arrive only to patients who need them but also to any establishment that provides health services and products such as health centers, hospitals, and doctor’s offices. This entails specific marketing actions around products in the health sector, from beauty products to over-the-counter medicines.

Pharmaceutical marketing is essential to selling medicines in the competitive market in which we live, as manufacturers struggle to position their products and become the most prescribed by specialists in the pharmaceutical sector. For this, we must take into account strategies so that manufacturers can publicize and promote their products. Pharmaceutical marketing serves to establish a chain towards all types of customers and to define the bases that allow the establishment of distribution networks at the regional and national levels.

Despite all the restrictions that pharmaceutical marketing has, every day, we find thousands of people who talk about their diseases and medicines in forums or on social networks in an open way. This action can be considered as marketing techniques that skip all restrictions; therefore, users who disseminate information about a particular medicine, as well as pharmaceutical companies, could be penalized.

How to Craft Online Pharmaceutical Marketing Campaigns?

There are several channels for the online promotion of a pharmaceutical product; below, I recommend the following:

Pharmaceutical Content Marketing

Pharmaceutical marketing attracts valuable consumers with valuable content. Creating an excellent blog can help us attract potential audiences. Having a responsive website and a good eCommerce platform, accompanied by a blog with relevant content, will help positively impact the visibility of your brand.

Social Networks

Social networks are the most powerful communication channels for business. One of the advantages of social networks is its immediacy and the ability to update. Consumers can be informed at all times and ask about doubts they have about a drug or what to do if something hurts. In this way, they can obtain solutions quickly and efficiently. Also, conducting an in-depth analysis of the needs of consumers can help to focus the online marketing strategy appropriately.

Paid Advertising

Paid advertising can be a useful tool when you are starting; for example, Google Adwords or the display network and Social Ads can help increase visibility accompanied by content marketing and social networks. The existence of rules that establish limits on advertising on medicines for use and the prohibition of advertising of medicines without authorization for marketing. Therefore, the content of the advertising must conform to the technical data sheet of the drug and encourage its rational use.

Email Marketing

Email marketing and newsletters are valuable tools to be in continuous contact with consumers. But for this, the profiles of potential consumers, such as demographic factors, age, sex, needs, habits, etc., should be analyzed and content sent only to interested consumers. Create a workflow that manages the sending of information and broad design messages for your products and services.

The Best Pharmaceutical Marketing Strategies

1. Online Consultations for Over-the-Counter Products

Digital interaction technologies open a new world for OTC pharmaceutical marketing, giving the possibility of having multichannel conversations between healthcare institutions, doctors, and patients. Patients are beginning to use portals oriented to them for their medical records or to be able to communicate with their physician and also mobile apps for patients to talk with other users about their diseases.

2. Fairs and Events

Organizing events is always an opportunity to bring together professionals and those interested in the world of health. Also, it allows publicizing the products and services of pharmaceutical companies to a large number of people.

3. Data Analysis

The pharmaceutical industry has a large amount of health-related information in its possession. The power of Big Data could help improve content generation strategies towards the target demographic, analyze conversations that move on the internet and expand market knowledge by examining user-profiles and visualizing what they demand and what opinions they have. Data analysis provides excellent opportunities to create value.

4. Website

Allowing the user to navigate quickly and where they can find everything they are looking for will make them become a loyal customer to the brand or product. A web page cannot work without links to social networks, visual material such as photos, videos, and testimonials.

5. SEO

Developing a sound SEO strategy is critical. Searching with keywords correlated to your content and knowing how to position them on Google involves strategic work; it also yields outstanding results.

If you carry out the right strategies, you will:

  • Attract more customers
  • Build a community and followers
  • A network of alliances to offer support services
  • Develop plans to market and sell specialized therapies
  • Develop marketing and sales functions that are fit for the future and a knowledge-based business organization
  • Reflect the mission, vision, and values ​​of your organization
  • Create cultures that are suitable for the commercialization of specialized health care packages
  • Promote the creation of strategies for distributors to make your products known
  • Continuous coaching for doctors, distributors, and resellers
  • Monitor progress and adapt

Daily monitoring of your marketing efforts is paramount to ensure long-term campaign success. Comprehensive reporting derived from the tracking of your campaign’s daily activity will aid in strategic maneuvering.
Successful campaigns are the product of enumerable stochastic continuous facets of human perspective.

The Future of Pharmaceutical Marketing

LUX INBOUND PHARMA MARKETING

1. Active Patient

Patients are increasingly able to find information about what interests them about health, from beauty tips to small ailments. For that reason, the information that is available to any user must be correct. Patients want quality information and also to know the data is rigorous and understandable.

2. Professional Relationship

Change the way you interact with telemedicine; you can solve a doubt without leaving home via encrypted video conferencing.

3. Management Efficiency

It is necessary to expedite consultations, computerize the results, and doctors, in a single click, already have all the patient’s history.

4. Secure Knowledge Transmission

Health information must be treated with encryption; we are dealing with the personal health information of people, and that is the most vital information to the individual. The data must be backed by healthcare professionals and well-proven by other experts.

5. Apps

Apps are growing exponentially; they speed up consultations, appointments, and improve the organization of daily actions for well-being, such as calendars to calculate the menstrual cycle or nutrition apps.

The pharmaceutical sector must adapt quickly because of the tremendous social responsibility; these marketing disciplines need well-qualified professionals to carry out the promotion of products and services among its audiences. Remember, we are talking about products that have to do with health, it is not a game. That is why pharmaceutical marketing requires responsibility and commitment.

If you want to learn more about pharmaceutical marketing and develop your paradigm-shifting strategy, call Lux Inbound now!