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Achieving a Cult Following in Pharma
Interview with: Jim Metropoulos,               because physicians, consumer-patients,      Is this more relevant for drugs
MD, Managing Partner, Cult Health              caregivers, and managed care and            going off patent?
                                               policy decision-makers are all
                                               customers. Healthcare knowledge is          A common goal is to spike prescription
“All brands want to achieve cult status –      power. But denial is more powerful, and     brand momentum going into the OTC
loyalty that transcends purely rational        healthcare information is rarely            market or before competition from
explanation – but when it comes to             transformed into actionable knowledge.      generics. The economic argument will
healthcare products, it is difficult to        Why? We do not always understand well       always favor generics but how far
execute and synchronize the tactics            enough our motivations, fears, and the      should this go? Every day consumers
essential to reach the highest level           personal and interpersonal voids that       make purchase decisions in favor of
of long-term brand appreciation.               need filling. We need to assess             brand values. The same mindset should
Effectively communicating the benefits         information and applied knowledge gaps      be in play when someone thinks about
of these brands, arguably more                 to understand how the interplay             walking away from a brand that has
important to people than computer              between patient and physician leads to      reduced their risk of disease for a
or car brands, requires deep                   decision discordance that erodes brand      decade.
understanding of the dynamics that             appreciation. The right kind of primary
underlie consumer and HCP behavior as          research will create a foundation of
well as the patient-HCP relationship,”         deep insights that give marketers
says Jim Metropoulos, MD, Managing             advantages.
Partner, Cult Health.

                                                                                                 The
                                               Every communication needs to be
As a solution provider attending the           considered comprehensively. Inte-
marcus evans PharmaMarketing                   gration is more important today as


                                                                                             physician-
Summit 2013, in Palm Beach, Florida,           patients look for information in order to
May 8-10, Dr. Metropoulos puts forward         have meaningful conversations with
some recommendations for improving             their HCP, who is then influenced by
the outcome of pharmaceutical                  these conversations.
marketing.

Creating a cult following. What does
                                               The primary target audience for
                                               communications should be neither the
                                                                                               patient
that mean in the pharma business?

If you look at the definition of a cult, the
                                               physician nor the patient, but the
                                               composite physician-patient rela-
                                               tionship. We must anticipate the
                                                                                             discussion
                                                                                               has the
description that interests us the most is      dialogues between them in the privacy
the one where people have a high level         of the consultation room and create
of devotion to a person, idea,                 communications that are in harmony


                                                                                              power to
movement, or work. The idea that               with the thoughts and feelings of the
people can be extremely loyal to a             patient and physician not only before
product that has changed their life, the       they are in the room together but also
way a healthcare product does, is very         after the consultation is over. Every
interesting. There is no reason why
certain healthcare product and service
brands should not have the same level
                                               physician -patient dis cus sion wil l
                                               enhance or erode brand appreciation.
                                               These discussions can be in accord with
                                                                                             enhance or
of customer loyalty that Apple and Audi
have achieved with computers and cars.
We are talking about the kind of loyalty
                                               DTC and sales representative commu-
                                               nications or not.                              diminish
                                                                                              a brand’s
that overcomes adherence barriers,             To have a group of people who truly
competition, and even generics.                appreciate the benefits of a branded
                                               medication, the physician and the


                                                                                                value
How can this desired level of brand            patient have to be exposed to the brand
loyalty be achieved?                           in a comprehensive and holistic way
                                               across communication channels. This is
First, we have to acknowledge that we          still one of our biggest challenges as
all come to tasks with biases, which           evidenced by adherence rates that are
may not be shared by most of the               illogical and by generic erosion that is
people with whom we need to                    emblematic of minimal brand
communicate. Healthcare is complex             appreciation.
About the PharmaMarketing Summit 2013
  The      Marketing      Network         -
  marcus evans Summits group
                                               This unique forum will take place at The Ritz-Carlton, Palm Beach, Florida, May
  delivers peer-to-peer information
                                               8-10, 2013. Offering much more than any conference, exhibition or trade show, this
  on strategic matters, professional
                                               exclusive meeting will bring together esteemed industry thought leaders and
  trends       and      breakthrough
                                               solution providers to a highly focused and interactive networking event.
  innovations.

                                               www.pharmamarketingsummit.com



                                                Contact
                                                Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus             evans, Summits
                                                Division
  Please note that the Summit is a
  closed     business   event     and   the     Tel:       + 357 22 849 313
  number      of   participants    strictly     Email:     press@marcusevanscy.com
  limited.
                                                For more information please send an email to info@marcusevanscy.com

                                                All rights reserved. The above content may be republished or reproduced. Kindly
                                                inform us by sending an email to press@marcusevanscy.com




About Cult Health

Cult Health believes products that reduce risks, relieve pain, heal wounds, and save lives should have cult followings – just like
some of the best cars, computers, and clothes do. Cult Health helps elevate brands to cult status by deploying 360-degree
marketing communications that engage audiences, spark meaningful conversations, and increase ROI. Consumers and HCPs will
stand up and speak out for brands that make meaningful differences in their lives.


www.culthealth.com



About marcus evans Summits

marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss
strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to
individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings.


For more information, please visit: www.marcusevans.com



Upcoming Events

CMO Summit (Asia Pacific) - www.cmoanzsummit.com


PharmaBrand Summit (Europe) - www.pharmabrandeurope.com




To view the web version of this interview, please click here: www.pharmamarketingsummit.com/JimMetropoulos

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Achieving a Cult Following in Pharma: Interview with: Jim Metropoulos, MD, Managing Partner, Cult Health, a healthcare advertising agency at the marcus evans PharmaMarketing Summit 2013

  • 1. Achieving a Cult Following in Pharma Interview with: Jim Metropoulos, because physicians, consumer-patients, Is this more relevant for drugs MD, Managing Partner, Cult Health caregivers, and managed care and going off patent? policy decision-makers are all customers. Healthcare knowledge is A common goal is to spike prescription “All brands want to achieve cult status – power. But denial is more powerful, and brand momentum going into the OTC loyalty that transcends purely rational healthcare information is rarely market or before competition from explanation – but when it comes to transformed into actionable knowledge. generics. The economic argument will healthcare products, it is difficult to Why? We do not always understand well always favor generics but how far execute and synchronize the tactics enough our motivations, fears, and the should this go? Every day consumers essential to reach the highest level personal and interpersonal voids that make purchase decisions in favor of of long-term brand appreciation. need filling. We need to assess brand values. The same mindset should Effectively communicating the benefits information and applied knowledge gaps be in play when someone thinks about of these brands, arguably more to understand how the interplay walking away from a brand that has important to people than computer between patient and physician leads to reduced their risk of disease for a or car brands, requires deep decision discordance that erodes brand decade. understanding of the dynamics that appreciation. The right kind of primary underlie consumer and HCP behavior as research will create a foundation of well as the patient-HCP relationship,” deep insights that give marketers says Jim Metropoulos, MD, Managing advantages. Partner, Cult Health. The Every communication needs to be As a solution provider attending the considered comprehensively. Inte- marcus evans PharmaMarketing gration is more important today as physician- Summit 2013, in Palm Beach, Florida, patients look for information in order to May 8-10, Dr. Metropoulos puts forward have meaningful conversations with some recommendations for improving their HCP, who is then influenced by the outcome of pharmaceutical these conversations. marketing. Creating a cult following. What does The primary target audience for communications should be neither the patient that mean in the pharma business? If you look at the definition of a cult, the physician nor the patient, but the composite physician-patient rela- tionship. We must anticipate the discussion has the description that interests us the most is dialogues between them in the privacy the one where people have a high level of the consultation room and create of devotion to a person, idea, communications that are in harmony power to movement, or work. The idea that with the thoughts and feelings of the people can be extremely loyal to a patient and physician not only before product that has changed their life, the they are in the room together but also way a healthcare product does, is very after the consultation is over. Every interesting. There is no reason why certain healthcare product and service brands should not have the same level physician -patient dis cus sion wil l enhance or erode brand appreciation. These discussions can be in accord with enhance or of customer loyalty that Apple and Audi have achieved with computers and cars. We are talking about the kind of loyalty DTC and sales representative commu- nications or not. diminish a brand’s that overcomes adherence barriers, To have a group of people who truly competition, and even generics. appreciate the benefits of a branded medication, the physician and the value How can this desired level of brand patient have to be exposed to the brand loyalty be achieved? in a comprehensive and holistic way across communication channels. This is First, we have to acknowledge that we still one of our biggest challenges as all come to tasks with biases, which evidenced by adherence rates that are may not be shared by most of the illogical and by generic erosion that is people with whom we need to emblematic of minimal brand communicate. Healthcare is complex appreciation.
  • 2. About the PharmaMarketing Summit 2013 The Marketing Network - marcus evans Summits group This unique forum will take place at The Ritz-Carlton, Palm Beach, Florida, May delivers peer-to-peer information 8-10, 2013. Offering much more than any conference, exhibition or trade show, this on strategic matters, professional exclusive meeting will bring together esteemed industry thought leaders and trends and breakthrough solution providers to a highly focused and interactive networking event. innovations. www.pharmamarketingsummit.com Contact Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division Please note that the Summit is a closed business event and the Tel: + 357 22 849 313 number of participants strictly Email: press@marcusevanscy.com limited. For more information please send an email to info@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com About Cult Health Cult Health believes products that reduce risks, relieve pain, heal wounds, and save lives should have cult followings – just like some of the best cars, computers, and clothes do. Cult Health helps elevate brands to cult status by deploying 360-degree marketing communications that engage audiences, spark meaningful conversations, and increase ROI. Consumers and HCPs will stand up and speak out for brands that make meaningful differences in their lives. www.culthealth.com About marcus evans Summits marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings. For more information, please visit: www.marcusevans.com Upcoming Events CMO Summit (Asia Pacific) - www.cmoanzsummit.com PharmaBrand Summit (Europe) - www.pharmabrandeurope.com To view the web version of this interview, please click here: www.pharmamarketingsummit.com/JimMetropoulos