August 2005

DTC Marketers Maximize Results with Rx EDGE®

Latest research shows in-pharmacy program provides nearly 3 times the return of other marketing vehicles

(Hoffman Estates, Ill., August 19, 2005) – Rx EDGE®, a business unit of LeveragePoint Media, released the results of its latest matched panel research, which shows the at-shelf and at-counter program results in an average 9.4 percent sales lift across all branded promotions in drug, supermarket and mass outlets. Both high- and low-volume categories respond well, many with double-digit percentage sales increases. Direct-to-consumer marketers have on average recouped $6 for every dollar invested in the in-pharmacy marketing program — a dramatically higher return than most other advertising vehicles. According to a recent IMS survey of 64 recent DTC campaigns (including TV and print), the median return on investment was $2.20 for every dollar invested.1

“We know that return on investment is a key measurement of success when evaluating DTC initiatives,” says Gary Norman, vice president and business director, Rx EDGE. “Rx EDGE enables its pharmaceutical marketing clients to evaluate the impact of their promotional campaigns. The sales lift data we provide from matched-panel research forms the foundation for analyzing overall return.”

This detailed research information is extremely valuable as DTC marketers look for ways to maximize reach and have more direct contact with consumers. “As brands move away from mass television toward more integrated brand communication efforts, they see the value of promoting in the in-store environment,” Norman says. “The trend we have seen with the growth of the Rx EDGE program is more targeted marketing to specific audiences, with the goal of educating and informing consumers.”

Many of the pharmaceutical marketing campaigns launched in the past decade were focused on reaching those patients who were already diagnosed with a specific condition. The marketing trend emerging is a shift to trial generation. Marketers are seeking ways to motivate the undiagnosed and untreated, which represent more than 50 percent of sufferers in many larger categories.

Astute pharmaceutical marketers are realizing they can extend the reach and value of their advertising campaigns with in-store promotions that give consumers detailed information about specific health conditions and treatment alternatives.

“Because of its location at the over-the-counter remedy, the Rx EDGE shelf program is an ideal vehicle to reach target consumers and give them the information they need to consult with their physician,” states Norman. “In addition, the format provides the necessary space to describe a health condition and explain the pharmaceutical remedy.”

With a network of more than 17,000 pharmacies nationwide, Rx EDGE promotes pharmaceutical brands with a variety of at-shelf dispensers, counter displays, counter mats and other in-store media.

Rx EDGE is a business unit of LeveragePoint Media, Hoffman Estates, Ill. Rx EDGE clients include Merck, Eli Lilly, Procter & Gamble Pharmaceuticals and TAP among others.

For more information, visit Booth 1921 at the NACDS Pharmacy & Technology Conference, San Diego Convention Center, San Diego, Calif., August 27-31, 2005.

1 Pharmaceutical Executive, May 2005, “Spend Trends” Special Report

 

 

 
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