Flexible solutions. Responsive teams. Data-driven insights.
In this three-part blog series, we’ve been sharing takeaways from IQVIA’s EBP Master Class webinar, Achieve Digital Excellence Through Connected, Personalized Experiences. Our first blog examined healthcare provider (HCP) engagement preferences and the fundamentals of effective digital enablement. The second blog tackled five questions about audience building.
In this final installment, we tackle another critical question for emerging biopharma (EBP) and precommercial organizations: How do you measure the impact of your digital enablement strategy?
For EBP and precommercial organizations, focus is key. Invest your time and resources in precision metrics that reflect your organization’s specific market entry and growth objectives. That may include tools for gauging your performance against three strategic goals:
Build digital performance tracking into your commercial strategy from the start. Consider crafting a framework of key performance indicators (KPIs) aligning with each phase of your go-to-market plan. For example, before launch, you may choose to focus on measuring awareness, content engagement, and peer-to-peer influence. In the launch phase, it may be most beneficial to track HCP activation, engagement with sales teams, and prescribing intent. After launch, you can invest assessments of adoption trends, competitive positioning, and brand advocacy.
Even as you rely on your framework, keep refining your digital engagement strategy based on what the metrics reveal. When working with limited resources, it’s even more important to adjust your budget allocation based on real-time engagement and ROI insights. Use A/B testing to confirm your most effective content and channels. At the same time, stay open minded as new data emerges on HCP behaviors, market dynamics, and even patient insights. By analyzing search trends, patient forum discussions, and social media sentiment, you may uncover important nuggets about disease awareness and treatment adoption.
Above all, build an organizational culture that welcomes metrics-driven insights—and has the agility to respond swiftly and effectively as challenges and opportunities emerge. When building such a culture, consider adopting three principles:
As we wrap up this three-part blog series, the critical takeaways are clear:
For more details on digital enablement for EBPs, join this webinar as IQVIA’s experts discuss the latest digital trends shaping the emerging biopharma landscape. Discover strategies and key components to effectively differentiate your brand and product through personalized tactics.
Flexible solutions. Responsive teams. Data-driven insights.
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