In our previous post we discussed the growing challenge of sales and marketing costs for life science companies. Sales costs continue to represent more than a quarter of pharma company revenue, meanwhile up to 53% of U.S. physicians place moderate to severe restrictions on who can visit them to make a pitch (Source: ZSassociates, 2015).
This gap calls into question the value of traditional wide-scale in-person healthcare professional (HCP) engagement, and demonstrates the need for an efficient and cost-controlled digital transformation. This can be achieved through the use of digital interactions and analytics.
This week we are continuing our discussion about the top priorities for pharma executives, and we’re revealing the remaining two priorities, an example of success, and recommendations for achieving these results.