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xxxxxxxxxxxxxxxx Creating Powerful Life Sciences Brands Through Omni-channel Marketing: Part I Owned and Earned October 24th, 2018

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Creating Powerful Life Sciences Brands Through Omni-channel Marketing:

Part IOwned and Earned

October 24th, 2018

DD Co-Chairs:

David Altman, Digital Marketing Manager (Research Content), Massachusetts

General Hospital

Eric Laub, Senior Vice President, ICR, Inc.

Nick Lowe, Founding Partner, 451 Agency

Thanks to our MarComm Working Group for Sponsoring Today’s Forum!

Building Powerful Life Sciences Brands with Omnichannel Marketing Part II - 11/14 (Here at MassBio)

6th Annual CSO Invitational, 11/1 (Here at MassBio)

MassBio 2018 Petri Dish Nonprofit Pitch Challenge, 11/8 (Here at MassBio)

Doing Business in China: Changing Regulatory Reforms and BD Opportunities in China, 11/13 (Here at

MassBio)

Upcoming Forums

Moderators:

James Heins, Senior Vice President & Head of Healthcare PR at ICR

Nick Lowe, Founding Partner, 451 Agency

Speakers:

Paul Kidwell, Life Sciences Public Relations Consultant

Rebecca Peterson, Head of Partner Relations, Global Business Development at

Sanofi Genzyme

Seth Levine, Director of Corporate Brand & Creative, Alnylam

Liang Schweizer, PhD, President & Chief Executive Officer, HiFiBiO Therapeutics

Today’s Presenters

OMNICHANNEL MARKETING

Agenda:

8:15 – 8:25: Intro to Omni Channel Marketing

8:25 – 8:35: Owned Media

8:35 – 8:50: Earned Media

8:50 – 9:30: Panel Discussion with Q&A

9:30 – 9:31: Closing Remarks

9:31 – 10:00: Networking

INTRO

• Co-founder of 451 Agency

• 18+ years brand building in the life sciences industry

• UMass Amherst, Oxford University (UK), and University of Freiburg (Germany)

• Board of Directors, Interise

• Board of Advisors, UMass Amherst

• Marketing Advisory Council, Suffolk University

• Avid mountaineer, runner and outdoorsman

WHAT IS OMNICHANNEL MARKETING?

WHAT IS OMNICHANNEL MARKETING?

WHAT IS OMNICHANNEL MARKETING?

BENEFITS OF A STRONG BRAND

BENEFITS OF A STRONG BRAND

BENEFITS OF A STRONG BRAND

BENEFITS OF A STRONG BRAND

P.E.S.O MODEL FOR MARKETING

PAID MEDIASocial Advertising

Display Ads/ProgrammaticPaid Search

TV and OOH

EARNED MEDIASocial Media Shares

Press MentionsOrganic Search Results

Bloggers/Influencers

SHARED MEDIAFacebook

TwitterLinkedIn

InstagramYou Tube

CONTENTBrand House

Branded AssetsPublicationsSocial Posts

Case StudiesVideos & Podcasts

Patient StoriesWhite Papers

AUTHORITY

OWNED MEDIA

SHARED MEDIA

EARNED MEDIA

PAID MEDIA

EXAMPLES: ABBOTT FIRST CHECK

EXAMPLES: ABBOTT FIRST CHECK

EXAMPLES: ABBOTT FIRST CHECK

EXAMPLES: ABBOTT FIRST CHECK

EXAMPLES: ABBOTT FIRST CHECK

EXAMPLES: ABBOTT FIRST CHECK

EXAMPLES: ABBOTT FIRST CHECK

EXAMPLES: ABBOTT FIRST CHECK

EXAMPLES: ABBOTT FIRST CHECK

CREATE VALUABLE CONTENT

TODAY SHOW

PAID AND ORGANIC SEARCH

NOTMYKID WEBSITE

NOTMYKID SOCIAL

FIRST CHECK WEBSITE

TODAY SHOW WEBSITE

OWNED MEDIA

OWNED MEDIA

CONTENTBrand House

Branded AssetsPublicationsSocial Posts

Case StudiesVideos & Podcasts

Patient StoriesWhite Papers

BRAND HOUSE

Brand Positioning

Value Proposition

Brand Essence and Tone

Brand Pillar Brand PillarBrand Pillar

Key Messages Key Messages Key Messages

Differentiators

EXAMPLES: BIOGEN

EXAMPLES: BIOGEN (BRAND HOUSE)

EXAMPLES: BIOGEN (BRAND HOUSE)

EXAMPLES: BIOGEN (BRAND HOUSE)

EXAMPLES: BIOGEN (BRAND HOUSE)

CONTENT THAT MATTERS

BRAND HOUSE

THOUGHT

LEADERSHIPWEBSITE

PRINTED

MATERIALS

TRADESHOW

SIGNAGE

SALES

COLLATERAL

HOW TO CREATE VALUABLE CONTENT

INSIGHT

What is the fundamental truth we can leverage?

VILLAIN

What can our brand push against to tell a story?

PURPOSE

Why does our brand exist?

IN PRACTICE

How could our content have more life in another medium?

OWNED MEDIA

Taking Stock:

Clearly articulated Brand House

Audience insights

Website

Thought leadership pieces

Branded assets

Case studies

Tradeshow booths

Videos

Podcasts

Printed materials

Patient stories

Earned MediaJames Heins

Senior Vice President

www.icrinc.com

WHAT IS EARNED MEDIA

Communication about

a brand that is not

managed by the

marketer

WHY IS EARNED MEDIA IMPORTANT

IMPORTANCE OF EARNED MEDIA

Social Media / Sharing

Blogs

Press Coverage

Organic Search Results

TYPES OF EARNED MEDIA

Earned

Amplified

Placed Content

1. Place content (news story, infographic, post)

2. Amplified through influencers (reporter, social media, blogger)

3. Shared with/by followers/consumers

HOW TO “DO” EARNED MEDIA

HOW TO “DO” EARNED MEDIA

SOCIAL MEDIA

Trust in social media has declined in part due to fake news, data privacy concerns, and trolling. Source: Edelman Trust barometer 2018

BLOGS

• Blogs express views and opinions

• Personal experience + authenticity => influence and reach into highly desirable community

• Bloggers are sometimes perceived as journalists

• Journalists are also blogging

• Paying a blogger makes it paid media

• A company blog is owned media

PITCHING BLOGGERS

• Plenty of online “how to” guides and service providers

• Do• Personalize• Read the “About Me” page• Now the demographic• Be clear, specific and reasonable about what you want/expect

• Don’t• Fake it• Demand coverage• Call them “mommy bloggers”• Spray and pray => blacklisting

PRESS COVERAGE AND MEDIA RELATIONS

Journalists

• High engagement

• Translate complex to simple

• Lost in translation

• An inch deep and a mile wide

• Inundated with PR

• Know your target and how they prefer to be contacted

PRESS COVERAGE AND MEDIA RELATIONS

• Trade: get the science, deep dive, targeted qualified audience

• Wire/Print: simplify for general audience, broader reach

• Broadcast: want a visual story or soundbites, less granular

KEY COMPONENT - TRUST

Google/Bing Organic Ranking Delivering content that is relevant to users

Do• Long tail descriptions

“shoes” or “nikewomen’s running shoes”

• Get keyword metrics before writing copy

• Link to/from authoritative sites, eg.edu, .org, .gov

Don’t Stuff keywords in your content

TRUST: JOURNALISM VS. ONLINE PLATFORMS

DON’T PUT YOU EGGS IN ONE BASKET

• Owned and paid media can generate earned media (sharing)

• Earned media most effective when it includes measurable call to action or conversion

ow.ly/8W050jqzT1

LOSS OF CONTROL OVER CONTENT AND CONTEXT

• Hyperbole

• Bias/agenda

• Lack of accountability

• Lack of understanding

• Space constraints

• “I don’t write the headlines”

REGULATORY AND LEGAL CONCERNS

• Adhering to product labeling

• Pre-approval promotion

• Product liability risk

• Shareholder activism

WarningThis product may cause horrible side effects, including but not limited to lorem ipsum dolor sit amet, consecteturadipiscing elit, sed do eiusmod temporincididunt ut labore et dolore magna …..

MEASURING IMPACT/VALUE OF EARNED MEDIA

Communications metrics

• Content analysis• Message inclusion, prominence

• Reach• Views, Unique & Repeat Visitors

• Engagement• Click through rates, document

opens/ downloads, A/V plays

Business metrics

• Conversions• Downstream activity (i.e., web

site clicks and page views)• Lead generation (i.e., providing

personal info)

• Revenue

source: Cision

MEASURING IMPACT/VALUE OF EARNED MEDIA

Earned media is increasingly recognized for its value and integrated into the marketing/communications mix

Thank you!

James HeinsSenior Vice President

[email protected]

OMNICHANNEL MARKETING

Panel Discussion:

8:15 – 8:25: Intro to Omni Channel Marketing

8:25 – 8:35: Owned Media

8:35 – 8:50: Earned Media

8:50 – 9:30: Panel Discussion with Q&A

9:30 – 9:31: Closing Remarks

9:31 – 10:00: Networking

Thank you for attending!