Physician Research Module from Manhattan Research
THE EVOLVING MARKET FOR VIDEO DETAILING
Manhattan Research Releases Analysis Covering Video Detailing Adoption Among Physicians and Opportunities for Pharma
Manhattan Research Senior Director of Research Monique Levy provides an in-depth look at evolving market for video detailing. This report includes data and insights around the current state of physician video detailing adoption, demographics, behaviors, and satisfaction; market potential and future interests; delivery models and vendors; and strategic implementation best practices. The objective of the analysis is to provide pharma, biotech, and device manufacturers with the market data and analysis for justifying strategic investment in video detailing and adapting and planning for the future of the physician-sales and company rep relationship.
The Evolving Market for Video Detailing:
Adoption, Market Potential, and Strategic Implementation
Table of Contents
I. Demand for Video Detailing Among U.S. Doctors
- Figure 1-1: Adoption and Future Interest in Video Detailing
- Figure 1-2: Doctor Satisfaction with Video Detailing
- Figure 1-3: Adoption of Sales Rep and Call Center-Led Video Conferencing by PCPs and Specialists
- Figure 1-4: Video Detailing by Age
II. Profile of Video Detailing Users
- Figure 2-1: Adoption of Manufacturers’ Online Channels among Video Detailing Users
- Figure 2-2: Adoption of Manufacturers’ Offline Channels by Video Detailing Users
- Figure 2-3: Interest in Physician Communities Linking to Manufacturer Services by Video Detailing Adoption
- Figure 2-4: Impact of Electronic Detailing on Time Spent with Sales Reps Among Video Detailing Users
- Figure 2-5: Script Writing and Patient Loads among Video Detailing Users
III. Outlook
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Physician Demand
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Delivery Models
IV. Strategic Implementation
Excerpt
Ever had an experience where you left a store because you felt like you knew more about the products than the sales executive being compensated to help you make a purchase decision? If so, you are not alone. Enter the concept of the video-assisted sales representative. Companies such as ClairVista, Experticity, and Avaya – the global communications firm, have recently launched retail friendly applications ranging from video kiosks to telepresence applications where customers in stores can tap into domain experts through video conferencing tools. While the concept will certainly not appeal to every customer, early pilot projects revealed that a certain segment of customers actually prefer to deal with a virtual domain expert – despite the fact that person is thousands of miles away. If the goal is to provide enough support to facilitate purchase intent, a decision, and support then video is clearly in the early stages of applying best practices in sales along with cutting edge technology.
Many reading this have the following thought quickly come to mind – video conferencing technology has been around for ages, right? The answer is “yes” – the use of video conferencing has been around for decades. Although the early applications were very crude – think pixelated to the extreme for most users – basic video conferencing, through freely available through platforms such as Skype, simply requires the addition of a webcam found for as little as $9.99. So is video conferencing right for every situation or communication? The early evidence says video is still finding its place in the growing array of traditional and technology-based communication tools. Although a growing number of consumers have added webcams to their computer, many of those often struggle to find situations where video adds to the user experience – on both ends. In other words, audio calls or text-based chat may suffice for the vast majority of communications. However, the move towards seamless and more relevant video continues to progress with the addition of high quality (and resolution) webcams as well as the availability of webcams and standalone videophones that simply require an Internet connection to operate.
Moving on to the theme of this research module, what is the relevance of video-based promotion and sales support to the pharmaceutical industry? The very question brings about the evolving debate within the pharmaceutical industry today. What is the role of the rep today – and in the near future? What is the role, and expectation, of customer service from the physician audience? Is the concept of “customer service as marketing” taking hold in such a way that terms like “customer concierge” will continue to make their way into the vocabulary of sales and marketing executives in the pharmaceutical industry? As the industry and physicians go through the process of learning when, where, and how video-based support ultimately fits, the critical test will be to figure out how to extend channel access options without forcing technology as the primary option. It must be a choice – much in the same way the retail store may offer video-based support as an adjunct to the traditional sales representative for those with a preference.
Full access to "The Evolving Market for Video Detailing" is available for clients of Manhattan Research’s ePharma Physician® market research and strategic advisory service. For information on gaining access, please email sales@manhattanresearch.com, call 212-255-7775, ext 2, or submit the form below:
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