Transcript
Page 1: Analysis of Winning Advertisements

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

Page 3: Analysis of Winning Advertisements

Perspective

• Does Journal Advertising Work?• Does Advertising Have an Impact on Rxs?• How Much Advertising is Necessary?

Page 4: Analysis of Winning Advertisements

Chronology and review of significant research

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ROI Analysis of Pharmaceutical PromotionLandmark study historical data for 1995-99391 drugs, 16,696 monthly observationsDetermined marginal ROI

JAD, $5.00 +/- $0.88PME, $3.56 +/- $1.92DET, $1.72 +/- $0.19DTC, $0.19 +/- $0.52

Dartmouth Marginal ROI Study, 2001RAPP

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

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

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Baseline Study10 month advertising campaign

Follow-up StudyEvaluate Results

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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

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

Monthly ExposuresMonthly Exposures

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

Monthly ExposuresMonthly Exposures

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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

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

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

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Two Product-Specific StudiesDesigned to measure the relationship of detailing and print advertising

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• Select two products in major therapeutic areas– No previous PCP promotion– Patent-protected– One year test period

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• Four Cells of 16,000 PCP’s– Control Group– Low level of promotion– Average level of promotion– High level of promotion

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• Pretest each advertisement• Launch Campaigns• Six Month PosTest

– Ad Recognition– Product Recall– Correct Message Association– New Rx’s

• New Rx Analysis• Twelve Month Results

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• “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

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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%

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• “A” PreTest– Good pretest acceptance– Accepted visual elements– Accepted headline

• Recommended message simplification– adjusted

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1116

23

44

05

1015202530354045

Control Low Cell Average Cell High Cell

Product Recall – six months

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21

44 45

58

0

10

20

30

40

50

60

Control Low Cell Average Cell High Cell

Ad Recognition – six months

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05

1015202530354045

Control Low Cell Average Cell High Cell

3229 26

44

Correct Message Association – six months

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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

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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

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0.1

9.79

0.1

11.07

02468

1012

% change

1st 6 Months 2nd 6 Months

ControlHigh cell

Change in NRx

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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

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Doctor’s Choice Awards

Page 31: Analysis of Winning Advertisements

Journal Advertisement Attributes – Doctors’ Choice Questionnaire

• Prompts seeking more information or re-examination of treatment• Helps with clinical decisions• Adds to information provided by company representative

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

• Reminds about value of product prescribed

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Doctor's Choice Awards 2006

• Majority of winning advertisement achieved increased New Rx's

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Doctor's Choice Awards 2007

• Newest findings

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

New Rx's data contributed by VerispanReach & Frequency data contributed by MARS Medical

Page 36: Analysis of Winning Advertisements

Lipitor

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

CardiovascularsCardiovasculars

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Lipitor

73

84

80

76

66687072747678808284

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

Zovirax

0.00%

0.02%

0.04%

0.06%

0.08%

0.10%

0.12%

Generic environmentGeneric environment

DermatologicalsDermatologicals

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Zovirax

54

0

10

20

30

40

50

60

Derm

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Novolog FlexPen

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

DiabetesDiabetes

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Novolog FlexPen

49

05101520253035404550

Diabetes/Endo

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Zyvox

0.00%

0.02%

0.04%

0.06%

0.08%

0.10%

0.12%

Amoxicillin in group

Anti-InfectivesAnti-Infectives

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Zyvox

82

0102030405060708090

ID

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Halflytely

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

GastroenterologicalsGastroenterologicals

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Halflytely

62

0

10

20

30

40

50

60

70

Gastro

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Keppra

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

NeurologicalsNeurologicals

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Keppra

62

0

10

20

30

40

50

60

70

Neuro

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NuvaRing

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

Obstetricals/GynecologicalsObstetricals/Gynecologicals

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NuvaRing

73

0

10

20

30

40

50

60

70

80

OB/GYN

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Tarceva

0.00%

0.20%

0.40%

0.60%

0.80%

1.00%

1.20%

OncologicalsOncologicals

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Tarceva

83

0102030405060708090

Oncologists

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Gardasil

0

0.05

0.1

0.15

0.2

0.25

PediatricsPediatrics

Page 53: Analysis of Winning Advertisements

Gardasil

5760

36

54

0

10

20

30

40

50

60

GP FP IM Ped

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Lunesta

12.00%

12.50%

13.00%

13.50%

14.00%

14.50%

15.00%

PsychiatricsPsychiatrics

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Lunesta

73

85

7468

47

0102030405060708090

GP FP IM PSY OB

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Flomax

36.00%36.50%37.00%37.50%38.00%38.50%39.00%39.50%40.00%40.50%41.00%

UrologicalUrological

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Flomax

88

0102030405060708090

Uro

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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


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