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You are here: Home > Business > Marketing Direct > Offer Self-Assessments, Not White Papers, in Direct Mail Lead Generation |
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Digg It - Offer Self-Assessments, Not White Papers, in Direct Mail Lead Generation
Are you a business-to-business direct mail marketer
looking for something better to offer than white
papers? Consider self-assessment surveys. But first, l According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product et’s clarify a few things. I’m assuming
you’re a B2B direct marketer who uses direct mail to
generate sales leads rather than make a sale. You
are mailing ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in to prospects that you hope are in the
early stage of their buying cycle, the time when they
are identifying their need, gathering information on
solutions lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. and establishing specifications for any
vendors they choose to interview. This is the stage of the buying cycle where white papers are so effective, becau here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe e they help
prospective customers discover their needs and learn
about solutions. But if your offers of white papers are
not generating the response rates d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro they once did, try
offering a self-assessment survey instead. A self-assessment survey, as the name implies, is a survey that your prospects take on their ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc own,
usually online. It’s not administered by a sales
person. And it doesn’t try to sell anything. Your prospect simply visits a special page on your w easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi bsite, or your page on a hosted survey vendor,
such as www.surveymonkey.com, and answers
questions. The system then processes the prospect’s
answers, assi nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically gns a score, and, typically, compares
the prospect’s results with industry standards or
benchmarks, and recommends steps for
improvement. Prospects like and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ nline self-assessments
because: 1. Self-assessments don’t involve a phone call with or visit from a salesperson 2. They help business people discover thei ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi needs or
challenges in a way that seems free of bias, since
the assessment is a test more than a series of
qualifying questions coming from a salesperson ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a 3. Prospects can take the assessment any time, day or night, which is convenient 4. Self-assessments appear more objective than white papers, since they dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod sk industry questions
rather than deliver answers written by a particular
vendor 5. Prospects usually learn something about their needs and possible solu cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin tions, for free Businesses like offering online self-assessments because: 1. Self-assessments don’t involve a time-consuming phone call or visit with an u tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen qualified prospect 2. They help a business uncover a prospect’s needs or challenges in a way that is free of pressure and manipulation 3. Self-assessments t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel appear more objective than
white papers, since they ask industry questions
rather than deliver answers written by a particular
vendor. This makes them a m ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust ore attractive offer,
since self-assessments appear less self-serving 4. Online self-assessments are a cost-effective way to fill the sales funnel because y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products o printing and mailing
costs are involved If you decide to offer your B2B prospects an online self-assessment, make sure your questions give your prospec . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de ts value for their time investment while
helping you identify and qualify your prospects. You can even take a self-assessment right now, and evaluate your elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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