20
Using counter-biosimilar messaging to protect your brand #SKIMwebinar Share your thoughts online: Alex Zhu Manager Based in Hoboken Mike Mabey VP Client Solutions Based in Atlanta Nicole Drake Director Client Solutions Based in Rotterdam

Webinar “Using counter-biosimilar messaging to protect your brand”

  • Upload
    skim

  • View
    261

  • Download
    1

Embed Size (px)

Citation preview

Using counter-biosimilar messaging to

protect your brand

#SKIMwebinar

Share your thoughts online:

Alex Zhu Manager

Based in Hoboken

Mike Mabey VP Client Solutions

Based in Atlanta

Nicole Drake Director Client Solutions

Based in Rotterdam

Branded biologics are facing biosimilar competition. What should you do differently?

Defense strategies

Increased

promotion &

messaging

Change of

paradigm and

formulation

Payer strategy

What is counter-biosimilar

messaging?

Do other industries face

similar challenges?

Taste and

heritage seekers

“for over 40 years

Breyers has been

bringing families

together.”

However, there are

significant differences

There is a

dominant

choice

The goal is

different

Impact of

switching

decisions

The goal of counter-

biosimilar messaging

is to increase inertia.

Two message goals

Shift the

adoption curve Buy time for next

gen replacement

Two research goals

Identify messages

that create inertia Measure the

impact of inaction

Our case study based on a message platform

Three steps

Explore

themes &

emotions

Quantify

preference

and impact

Identify key

drivers and

combo

Step 1: Hybrid Qual

Explore message themes and emotions

MaxDiff/

Conjoint

Ranking &

rating

Sorting

Step 2: Trade-off exercise

MaxDiff to identify the

winning message on the

primary metrics

Looking into the

supporting metrics to evaluate

the messages

Step 3: Identify drivers and message combo

Clickable exercise to identify

what works and what doesn’t

within the message

TURF analysis to identify the

diminishing point when adding

additional message

How would you measure message success?

Impact

The size of non-prescribers

is doubled

The average wait time

before adopting biosimilar

increases by 25%

Flip your thinking about the

metric end points

Not

prescribing

Waiting

longer

Risk of

switching

Increase

in hesitation

Why didn’t

hesitate

Credibility &

Believability

Reduce

early

adopters

Size of non-

prescribers

Perspective matters:

the conversation changes

Changing your perspective

1. Launch and end of patent messaging

strategies are different

2. The decision influencing power of

stakeholders may shift

3. Connect counter-biosimilar messaging to

your brand strategy

Go to www.skimgroup.com/webinars

for today’s presentation slides and more!

#SKIMwebinar

Share your thoughts online:

Alex Zhu [email protected]

+1 201 963 8430 Based in Hoboken

Mike Mabey [email protected]

+1 201 963 8430

Based in Atlanta

Nicole Drake [email protected]

+31 10 282 3535

Based in Rotterdam