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Analysis of Winning Advertisements

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Page 1: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Analysis of Winning Advertisements

Page 2: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Agenda

• Recap Past Studies

• Review Objectives

• Review Criteria

• Evaluate New Rx Performance for Winners

• Next Steps

Page 3: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Perspective

• Does Journal Advertising Work?

• Does Advertising Have an Impact on Rxs?

• How Much Advertising is Necessary?

Page 4: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Chronology and review of significant research

Page 5: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

ROI Analysis of Pharmaceutical PromotionLandmark study

historical data for 1995-99

391 drugs, 16,696 monthly observations

Determined marginal ROI

JAD, $5.00 +/- $0.88

PME, $3.56 +/- $1.92

DET, $1.72 +/- $0.19

DTC, $0.19 +/- $0.52

Dartmouth Marginal ROI Study, 2001RAPP

Page 6: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

• Analysis of ROI for Pharmaceutical Promotion– Extended data 1995-2000; 21,436 monthly observations– Examples of findings:

• $500M+/1998-2000: All tactics generate positive returns for average brand, but under spending on JAD and PME

– Additional spend on journals could have very positive returns for both small brands and large brands

Yale Marginal ROI Study, 2002ARPP

Page 7: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps
Page 8: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

•Select targeted physician specialties•Oncology•Pulmonary Disease•Psychiatry•Neurology

Page 9: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

• Analyze Top 10 Products for Each Specialty• Spend levels• Reach & Frequency Levels

Page 10: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Baseline Study10 month advertising campaign

Follow-up StudyEvaluate Results

Page 11: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Total of 203 insertions$1,083,466 in advertising space

•Oncology - $73,280•Pulmonary Disease - $91,925•Neurology - $99,639•Psych - $105,398•Primary Care - $432,577

Page 12: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Pulmonary Disease – 75%Psychiatry – 54%Oncology – 48%Neurology – 43%

Monthly ExposuresMonthly Exposures

Page 13: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Pulmonary Disease – 75%Psychiatry – 54%Oncology – 48%Neurology – 43%

Monthly ExposuresMonthly Exposures

Page 14: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Baseline Post-Campaign

Yes 24% 45%

No 74% 54%

Not Sure 2% 1%

The Awareness increased by 89%!

Are you aware of the availability of the Directory of Prescription Drug Patient Assistance Programs, from (PhRMA)?

Page 15: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

• Neurologists were exposed least (43%/mo)– Awareness increased 69%

• Pulmonary Disease were exposed most (75%/mo)– Awareness increased by 117%

Page 16: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Two Product-Specific Studies

Designed to measure the relationship of detailing and print advertising

Page 17: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

• Select two products in major therapeutic areas– No previous PCP promotion

– Patent-protected

– One year test period

Page 18: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

• Four Cells of 16,000 PCP’s– Control Group

– Low level of promotion

– Average level of promotion

– High level of promotion

Page 19: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

• Pretest each advertisement

• Launch Campaigns

• Six Month PosTest

– Ad Recognition

– Product Recall

– Correct Message Association

– New Rx’s

• New Rx Analysis

• Twelve Month Results

Page 20: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

• “B” PreTest– 57% physicians unsure/negative

• too busy, too crowded, too much information

– Recommended to change ad size from 2 pages to 4 pages

– Not Done

• Subsequent change of detail message

Page 21: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Metrics did not change: PCP NRx

Mar-Aug ‘03 Mar-Aug ‘04 % Change

Control 5,707 8,287 45.2%

Cell I 5,438 7,845 44.3%

Cell II 5.946 8,718 46.5%

Cell III 6,713 9,650 43.8%

Page 22: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

• “A” PreTest– Good pretest acceptance

– Accepted visual elements

– Accepted headline

• Recommended message simplification– adjusted

Page 23: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

11

16

23

44

0

5

10

15

20

25

30

35

40

45

Control Low Cell Average Cell High Cell

Product Recall – six months

Page 24: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

21

44 45

58

0

10

20

30

40

50

60

Control Low Cell Average Cell High Cell

Ad Recognition – six months

Page 25: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

0

5

10

15

20

25

30

35

40

45

Control Low Cell Average Cell High Cell

3229 26

44

Correct Message Association – six months

Page 26: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

0

20

40

60

Control Low Cell Average Cell High Cell

.

.40% 40% 41% 42%

43%38%

46%52%

Company Records

Physicians’ Perception

Perception of Detailing – six months

Page 27: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

First Choice Therapy

31 3032

38

0

5

10

15

20

25

30

35

40

Percent

Control Cell 1 Cell 2 Cell 3

Product “A” Six Month PosTest

Page 28: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

0.1

9.79

0.1

11.07

0

2

4

6

8

10

12

% change

1st 6 Months 2nd 6 Months

Control

High cell

Change in NRx

Page 29: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

9.79

11.07 11.16

9

9.5

10

10.5

11

11.5

% change

1st 6Months

2nd 6Months

Post TestPeriod

High cell

(8 months)

Change in NRx

Page 30: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Doctor’s Choice Awards

Page 31: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Journal Advertisement Attributes – Doctors’ Choice QuestionnaireJournal Advertisement Attributes – Doctors’ Choice Questionnaire

• Prompts seeking more information or re-examination of treatment• Prompts seeking more information or re-examination of treatment• Helps with clinical decisions• Helps with clinical decisions

• Adds to information provided by company representative• Adds to information provided by company representative

• Has immediate appeal to gain interestHas immediate appeal to gain interest• Has immediate appeal to gain interestHas immediate appeal to gain interest• Communicates clearly and quickly• Communicates clearly and quickly

• Reminds about value of product prescribed• Reminds about value of product prescribed

Page 32: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Doctor's Choice Awards 2006

• Majority of winning advertisement achieved increased New Rx's

Page 33: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Doctor's Choice Awards 2007

• Newest findings

Page 34: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps
Page 35: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Once again, the overwhelming majority of winners gained New Rx marketshare

New Rx's data contributed by Verispan

Reach & Frequency data contributed by MARS Medical

Page 36: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Lipitor

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

CardiovascularsCardiovasculars

Page 37: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Lipitor

73

84

80

76

66

68

70

72

74

76

78

80

82

84

GP FP IM CA

*This is read as 76% of the Card universe was exposed *This is read as 76% of the Card universe was exposed to the Lipitor ad each month of the campaignto the Lipitor ad each month of the campaign

Page 38: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Zovirax

0.00%

0.02%

0.04%

0.06%

0.08%

0.10%

0.12%

Generic environmentGeneric environment

DermatologicalsDermatologicals

Page 39: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Zovirax

54

0

10

20

30

40

50

60

Derm

Page 40: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Novolog FlexPen

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

DiabetesDiabetes

Page 41: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Novolog FlexPen

49

0

5

10

15

20

25

30

35

40

45

50

Diabetes/Endo

Page 42: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Zyvox

0.00%

0.02%

0.04%

0.06%

0.08%

0.10%

0.12%

Amoxicillin in group

Anti-InfectivesAnti-Infectives

Page 43: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Zyvox

82

0

10

20

30

40

50

60

70

80

90

ID

Page 44: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Halflytely

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

GastroenterologicalsGastroenterologicals

Page 45: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Halflytely

62

0

10

20

30

40

50

60

70

Gastro

Page 46: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Keppra

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

NeurologicalsNeurologicals

Page 47: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Keppra

62

0

10

20

30

40

50

60

70

Neuro

Page 48: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

NuvaRing

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

Obstetricals/GynecologicalsObstetricals/Gynecologicals

Page 49: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

NuvaRing

73

0

10

20

30

40

50

60

70

80

OB/GYN

Page 50: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Tarceva

0.00%

0.20%

0.40%

0.60%

0.80%

1.00%

1.20%

OncologicalsOncologicals

Page 51: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Tarceva

83

0

10

20

30

40

50

60

70

80

90

Oncologists

Page 52: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Gardasil

0

0.05

0.1

0.15

0.2

0.25

PediatricsPediatrics

Page 53: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Gardasil

5760

36

54

0

10

20

30

40

50

60

GP FP IM Ped

Page 54: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Lunesta

12.00%

12.50%

13.00%

13.50%

14.00%

14.50%

15.00%

PsychiatricsPsychiatrics

Page 55: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Lunesta

73

85

7468

47

0

10

20

30

40

50

60

70

80

90

GP FP IM PSY OB

Page 56: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Flomax

36.00%

36.50%

37.00%

37.50%

38.00%

38.50%

39.00%

39.50%

40.00%

40.50%

41.00%

UrologicalUrological

Page 57: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Flomax

88

0

10

20

30

40

50

60

70

80

90

Uro

Page 58: Analysis of Winning Advertisements. Agenda Recap Past Studies Review Objectives Review Criteria Evaluate New Rx Performance for Winners Next Steps

Conclusions

• Identify effective messages/creative

• Measure New Rx’s Over Time

• Successful messages are effective with ample execution

The winning products continue to demonstrate success in recognition and performance