CX Strategy in Life Sciences Openworld 2013
Apr 01, 2015
CX Strategy in Life Sciences
Openworld 2013
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Oracle Safe Harbor Statement
The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.
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Session Agenda
IntroductionTim Kvanvig – Oracle Life Science
Business Unit
Oracle Life Sciences CX StrategyPiers Evans – CRM/CX Product Strategy
Director
Life Science Use CasesAndrew Keleher - Senior Director and CX
Applications Architect
Stephen Harris – CX Sales Consulting
Manager
Q & A
Life SciencesCompany
BRAND
Life Sciences in the Past
Physician orLab Technician
LessRegulations
Large Sales Forces
Abundance of new brands on the market
Aggressive Go To Market
Sales Rep per
Brand
Physician
choses and prescribes the best brand
Brand Centric
Direct
Influence
Scripted Sales Pitches
Single Source of all knowledge
Sole Focus on the Prescriber Increasingly Ineffective
159856Only 56% of
prescribers are willing to meet with reps
The average rep interaction is only 98
seconds
A full product discussion occurs in
only 15% of calls
Sources: “A Prescription For Change,” Oliver Wyman, 2008; “Sales Force Effectiveness: The New Strategic Imperative,” IMS
Need for Continuous, Cross Channel Dialogue & Interaction
Across a New Landscape of Customer Touchpoints
Social Web
ContactCenter
Face 2Face
Social
Mobile
Web
ContactCenter
Life Sciences Today New Customer Landscape
Payers
Providers
Prescribers
Patients
the prescriber chooses, the provider makes available, the payer pays and the patient consumes
Life in the New Normal: The Customer Engagement Revolution
Accenture Research 2013
“Nearly one in four direct sales force interactions have been replaced with digital interactions for targeting doctors, providers, payers and patients over the last two years”
Rise of the Digital Life Sciences Marketer
Your Customer Awaits Personalized & Relevant Messaging
Customers want to receive information that is unique and relevant to their daily lives. In marketing, one size does not fit all.
85% of respondents indicated their
company’s personalization maturity as 50% or below
30% of HCPs want more marketing
content to be delivered via digital media
20% of HCPs want to receive less
information in person
57% of physicians indicated they were
interested in using video detailing*Source: http://www.uk.capgemini.com/sites/default/files/resource/pdf
Multichannel_Closed_Loop_Marketing___Digitally_Transforming_the_Life_Sciences_Industry.pdf
Refocus The Customer Experience
Only Oracle Can Connect Every Engagement Your Customer Has With Your Brand
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Mobile
SocialIn Store Contact Center
Field Service
Direct Sales
Channel SalesWeb Oracle Marketing
Oracle Commerce
OracleSales
Oracle Service
Foundational Tools
Oracle CloudInfrastructure and Platform Services
Oracle MDM, BI and Decisioning Tools
Oracle Integration and BPM/SOA Tools
Oracle Social
Oracle Mobile, Portal and Content Tools
Leader in CRM Lead Management
Leader in E-Commerce
Leader in Sales Force Automation
Leader in CRM Web Customer Service
Leader in CRM for Large Organizations
Leader in CRM Customer Service Contact Centers
Leader in CRM Suite for Customer Service Solutions
Oracle CX Connects Every Engagement Your Customer Has with Your Brand
Oracle Life Sciences CRMSolutions Supporting The Needs of Life Sciences Companies
Deliver the right messages to customers
Drive Sales Effectiveness
Mobility – anytime, anywhere access
Account Management, Business Planning, KOL engagement, Sales visit planning & reporting, Samples Management
Personalized Content Delivery, Sales Rep Detailing, Multi-channel marketing campaigns,
Cross-channel interaction
Integrated Service Support to provide information through Chat, Co-Browse and
automatically create the activity for reference
Mobile offline Selling solutions, Designed by sales reps for sales reps, next generation devices
Advanced security & flexibility, Extensible configure to code platform, deep Industry editions
Integrated Service
Flexible Cloud Deployment Support
The Challenges for Life Sciences Selling ForcesThe Brand Needs to Make Every Interaction Count
• Highly competitive customer environment• Difficult to access customers• Need to make every interaction count
• On the Road, intermittent connectivity• Require easy use and access CRM
InfluenceMarket & Sell
RetainSupport & Serve
1
Need(Understandthe Market)
6
Track Progress& Manage Issues
3
Persuaded &Influenced
8
Educate
2Segment& Target
7MedicalInquiries
& Research5
ProvideTreatment
4
Pay &Prescribe
CX for Life Sciences Customer Relationship Lifecycle
Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1215
Session Agenda
IntroductionTim Kvanvig – Oracle Life Science
Business Unit
Oracle Life Sciences CX StrategyPiers Evans – CRM/CX Product Strategy
Director
Life Science Use CasesAndrew Keleher - Senior Director and CX
Applications Architect
Stephen Harris – CX Sales Consulting
Manager
Q & A
5. Review Digital Body Language
4. Plan Face 2 Face Visit
3. Nurture HCP
1. Market Insight
6. Execute Call & eDetailing
2. Multi Channel Sales & Marketing
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