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19/05/2021
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1
Measuring ROI in life sciences
Not a black & white story
May 11th, 2021
19/05/2021
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© Across Health
2
Agenda
1 Intro
2 Measuring ROI: An all or nothing story?
3 Impact measurement influences key decision-making – Examples
4 From Share of Voice (SOV) to Quality of Voice (QOV)
19/05/2021
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3
Question for you…
Does a significant volume of omnichannel engagements result
in sales or market share impact?
1. Yes
2. No
3. It depends
19/05/2021
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4
It's not a black & white story…
19/05/2021
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5
Senior management wants to see if their investment is paying of
1%
2%
3%
11%
13%
14%
18%
18%
21%
No senior management support
No expert agencies with
omnichannel pharma available
No budget
Customers are not ready
No clear digital strategy
No headcount to support this
Not enough internal knowledge
ROI questions
Regulatory / Legal / Healthcare
compliance issues
Bottlenecks for using digital at your organization
(senior management)
ROI questions 18%
2%
4%
7%
8%
9%
10%
16%
21%
23%
No senior management support
No budget
No expert agencies with
omnichannel pharma available
No headcount to support this
ROI questions
Customers are not ready
No clear digital strategy
Not enough internal knowledge
Regulatory / Legal / Healthcare
compliance issues
Bottlenecks for using digital at your organization
(manager)
ROI questions 9%
Source: Across Health
19/05/2021
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© Across Health
6
Direct
(channel-related)
effects
Indirect
(brand-related)
effects
Qualitative ENGAGEMENT CONVERSION
Quantitative
REACH AND
INTERACTION
ROI (COST & RETURN)
Measuring ROI: An all or nothing story?
Leading indicators Lagging indicators
Engage Convert
Reach ROI
1.
2. 3.
4.
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The Multichannel Equivalent (MCQ)
148 BPM
1.42 MCQ
Heart rate (BPM)
as single common measure
of physical activity
as single common measure
of channel impact
Multichannel equivalence (MCQ)
19/05/2021
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8
Example 1:
An omnichannel campaign for a mature brand in 11 countries
Campaign objectives:
➢ Promote mature brand simultaneously in 11
growth countries
➢ Increase the reach and frequency across strategic
markets
➢ Maintain current levels of Rx with brand loyalists
➢ Trigger switching behaviour for non-prescribers
Engage Convert
Reach ROI
KPIs:
➢ Reach and impact across all channels
➢ Prescription intent pre- and post the campaign
by means of an NPS survey
Additional information:
➢ Product adoption data was available in
selected country
➢ Deployed content was “one size fits all”
Example
19/05/2021
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Is volume a miracle solution?
19/05/2021
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20
19/05/2021
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© Across Health
22
low high
high
QOV
Level 0:
Third party
media buy
.
1
2
3
4
5
6
7
CUSTOMER-CENTRIC
Level 5:
360o
Customer-
centric
SOV
COMPANY-/PRODUCT-CENTRIC
Level 1:
Digital
mono-
channel
pilots
Source: Across Health
We need to move from Share of Voice (SOV) to Quality of Voice (QOV)
DIGITAL
MATURITY
THE
“HEART”
DATA & TECHNOLOGY
THE “HARD”
19/05/2021
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28
COVID-19 has significantly disrupted the traditional business model
The industry needs to reimagine customer engagement for the post-C19 world
“Promotional models
are obsolete”
(IQVIA 2021)
“Doctors disappointed in pharma’s
digital pandemic efforts”
(IQVIA 2021)
“Pump up the digital volume without customer
focus is a dangerous strategy”
(Across Health 2021)
Explore our FREE post-C19 resources
19/05/2021
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32
Want to know more? Then simply register to our 2021 webinars!
www.across.health/2021-webinars
1. 2019-2020: Blip or shift? Key trends in the HCP mix
2. The power of marketing & sales collaboration for Omnichannel engagement
3. Omnichannel upskilling: transforming customer-facing teams into OCE experts
4. Measuring ROI in life sciences? Not a black & white story
5. Maturometer 2021
6. Navigator365 advanced uses
7. Omnichannel Launch Excellence in the Never Normal
19/05/2021
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33
Discover the value of a solid impact measurement approach by
watching the new recording & accessing the full deck available here.
Want to have a chat?
Don't hesitate to contact us!

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Measuring ROI in life sciences? Not a black & white story

  • 1. 19/05/2021 Proprietary and Confidential Information © Across Health 1 Measuring ROI in life sciences Not a black & white story May 11th, 2021
  • 2. 19/05/2021 Proprietary and Confidential Information © Across Health 2 Agenda 1 Intro 2 Measuring ROI: An all or nothing story? 3 Impact measurement influences key decision-making – Examples 4 From Share of Voice (SOV) to Quality of Voice (QOV)
  • 3. 19/05/2021 Proprietary and Confidential Information © Across Health 3 Question for you… Does a significant volume of omnichannel engagements result in sales or market share impact? 1. Yes 2. No 3. It depends
  • 4. 19/05/2021 Proprietary and Confidential Information © Across Health 4 It's not a black & white story…
  • 5. 19/05/2021 Proprietary and Confidential Information © Across Health 5 Senior management wants to see if their investment is paying of 1% 2% 3% 11% 13% 14% 18% 18% 21% No senior management support No expert agencies with omnichannel pharma available No budget Customers are not ready No clear digital strategy No headcount to support this Not enough internal knowledge ROI questions Regulatory / Legal / Healthcare compliance issues Bottlenecks for using digital at your organization (senior management) ROI questions 18% 2% 4% 7% 8% 9% 10% 16% 21% 23% No senior management support No budget No expert agencies with omnichannel pharma available No headcount to support this ROI questions Customers are not ready No clear digital strategy Not enough internal knowledge Regulatory / Legal / Healthcare compliance issues Bottlenecks for using digital at your organization (manager) ROI questions 9% Source: Across Health
  • 6. 19/05/2021 Proprietary and Confidential Information © Across Health 6 Direct (channel-related) effects Indirect (brand-related) effects Qualitative ENGAGEMENT CONVERSION Quantitative REACH AND INTERACTION ROI (COST & RETURN) Measuring ROI: An all or nothing story? Leading indicators Lagging indicators Engage Convert Reach ROI 1. 2. 3. 4.
  • 7. 19/05/2021 Proprietary and Confidential Information © Across Health 7 The Multichannel Equivalent (MCQ) 148 BPM 1.42 MCQ Heart rate (BPM) as single common measure of physical activity as single common measure of channel impact Multichannel equivalence (MCQ)
  • 8. 19/05/2021 Proprietary and Confidential Information © Across Health 8 Example 1: An omnichannel campaign for a mature brand in 11 countries Campaign objectives: ➢ Promote mature brand simultaneously in 11 growth countries ➢ Increase the reach and frequency across strategic markets ➢ Maintain current levels of Rx with brand loyalists ➢ Trigger switching behaviour for non-prescribers Engage Convert Reach ROI KPIs: ➢ Reach and impact across all channels ➢ Prescription intent pre- and post the campaign by means of an NPS survey Additional information: ➢ Product adoption data was available in selected country ➢ Deployed content was “one size fits all” Example
  • 9. 19/05/2021 Proprietary and Confidential Information © Across Health 19 Is volume a miracle solution?
  • 10. 19/05/2021 Proprietary and Confidential Information © Across Health 20
  • 11. 19/05/2021 Proprietary and Confidential Information © Across Health 22 low high high QOV Level 0: Third party media buy . 1 2 3 4 5 6 7 CUSTOMER-CENTRIC Level 5: 360o Customer- centric SOV COMPANY-/PRODUCT-CENTRIC Level 1: Digital mono- channel pilots Source: Across Health We need to move from Share of Voice (SOV) to Quality of Voice (QOV) DIGITAL MATURITY THE “HEART” DATA & TECHNOLOGY THE “HARD”
  • 12. 19/05/2021 Proprietary and Confidential Information © Across Health 28 COVID-19 has significantly disrupted the traditional business model The industry needs to reimagine customer engagement for the post-C19 world “Promotional models are obsolete” (IQVIA 2021) “Doctors disappointed in pharma’s digital pandemic efforts” (IQVIA 2021) “Pump up the digital volume without customer focus is a dangerous strategy” (Across Health 2021) Explore our FREE post-C19 resources
  • 13. 19/05/2021 Proprietary and Confidential Information © Across Health 32 Want to know more? Then simply register to our 2021 webinars! www.across.health/2021-webinars 1. 2019-2020: Blip or shift? Key trends in the HCP mix 2. The power of marketing & sales collaboration for Omnichannel engagement 3. Omnichannel upskilling: transforming customer-facing teams into OCE experts 4. Measuring ROI in life sciences? Not a black & white story 5. Maturometer 2021 6. Navigator365 advanced uses 7. Omnichannel Launch Excellence in the Never Normal
  • 14. 19/05/2021 Proprietary and Confidential Information © Across Health 33 Discover the value of a solid impact measurement approach by watching the new recording & accessing the full deck available here. Want to have a chat? Don't hesitate to contact us!