BioTactics in Action: Start Page

Vol. 1, Issue 1
May 1998 

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Biotech Marketing and Business Development

Please visit this month's sponsor: Celebrus Consulting Group

Contents:

Competitive Intellegence: Resources on the Web, Sharon Locken, President, Locken Information.

More Sales and Profits from Existing Customers.
Cay Villars, President, Market Value Concepts.

Importance of Brand: Research Products. Bill Kelly, President, BioInformatics.

Consolidation: New Marketing Strategies in Research Products.  An interview with Bruce Lehman, President, Lehman Millet, Inc.

BioTactics Parners program - how it benefits your business.

New Job Postings

border.gif (871 bytes) Consolidation: New Marketing Strategies for Thriving in Research Products, p 5.
an Interview  with Bruce Lehman, Lehman Millet, Inc.
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 c.gif (938 bytes)learly stated positioning, a consistent look and feel to the communications materials, and a strong corporate identity are essential elements. Often times, advertising should play a part. Finally, these marketing initiatives have to be tied together with the specific sales objectives, sales organization's goals and, hopefully their compensation program.

Now your question was how would or should this ‘change’ the way a company markets. My impression is that most companies say this isn’t a change; that they do these things every day. I say, yes, you probably do, but in an a la carte way. And often times, without a clear umbrella positioning. So the personality of the brand, its identity, remains associated only with the features of products, not with the benefits of doing business with the company, with maintaining a long term relationship with the company.

What are the gaps as you see them in most communications efforts?
i.gif (879 bytes)f you ask a customer about a company, chances are their response is based on their most current contact with that company. And if you push them to think further on their series of contacts with that company, the impression that emerges is very fragmented. The look, the feel, the underlying message, how people answer the phone, whether the supplier calls up the customer after the sale, what level of technical support the customer is given, whether the customer is aware of the other products/services that the customer is interest in -- all these play a part.

As I just mentioned, many companies do most of what I’ve just described. Some have made attempts to put the pieces together into a cohesive picture. But if you take all the communications pieces from most companies and place them on a table you would be hard pressed to tell that they all came from the same company. They are not consistent in executing their marketing communications program.

Repetitiveness almost to the point of redundancy of the underlying promise is necessary to build a company’s distinct image. Even more important, what that look and feel is, what the overall positioning is: that has to be right. It creates the attitude, the personality, the image as well as the manifestation of the value proposition of the company.

Any last thoughts?
e.gif (922 bytes)fficiencies and cost reduction opportunities aside, management consolidates in order to strengthen the competitive value and position of the company. That is, in both the short and more importantly the long term, the value that all the different companies bring to the mix, combined with the leverage of a larger size and presence, should translate into more sales than would be expected from just adding the sales of the individual companies.
A.gif (947 bytes) company needs to clearly establish a benefit-oriented statement of what it stands for and what makes it unique. This is what makes branding, corporate branding, so important in today’s consolidating marketplace. Committing to that - and integrating it into the overall communications plan - is the final investment the company should make for long-term success.
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Bruce Lehman is President and CEO of Lehman Millet, Inc., a leading medical marketing communications firm with offices in Boston and London. Lehman Millet is a BioTactics Partner.


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