retail pharmacy: a valuable targeted patient connection point

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Retail Pharmacy: A Valuable, Targeted Patient Connection Point Jim O’Dea Presented at the CBI Point of Care Marketing Summit September 2013

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For point of care marketing, it is important to not forget about the retail pharmacy. The pharmacy is a convenient location for patients and is trust by them, so much so it has become a destination. Pharmaceutical marketers have many tools they can use to advertise their brands within this space as seen in this presentation. Presented by Jim O'Dea at the CBI Point of Care Summit in Sep. 2013.

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Page 1: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Retail Pharmacy: A Valuable, Targeted Patient

Connection Point

Jim O’DeaPresented at the CBI Point of Care Marketing SummitSeptember 2013

Page 2: Retail Pharmacy: A Valuable Targeted Patient Connection Point

What it means:“Aisles of opportunity”

Drug stores are the outlet of choice for health related items

Page 3: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Retailers are addressing TOTAL healthcare needs

What it means:A health service destination

Page 4: Retail Pharmacy: A Valuable Targeted Patient Connection Point

U.S. Retail Health Clinics are to double by 2015

What it means:Here to stay

Page 5: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Pharmacists trained to administer vaccines

150,000

120,000

90,000

60,000

30,000

02007 2008 2009 2010 2011

150,000 U.S. pharmacists are trained to administer vaccines

What it means:Ideal location to raise awareness and

deliver messages

Page 6: Retail Pharmacy: A Valuable Targeted Patient Connection Point

93% of Americans live within 5 miles of a pharmacy, averaging a 1.26 mile radius

What it means:Important role in a

daily life

Page 7: Retail Pharmacy: A Valuable Targeted Patient Connection Point

What it means:OTC medications drive

consumer traffic

OTC medications are patients first response (81%) and are important to their families healthcare (89%)

USE: 81% IMPORTANCE: 89%

Page 8: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Pharmacists are consistently highly ranked in measures of honesty and ethics

What it means:Trust and credibility

Page 9: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Retail Pharmacy drug stores offer a wide spectrum of products

What it means:Larger audience base

Page 10: Retail Pharmacy: A Valuable Targeted Patient Connection Point

“Mature consumers” play a significant role in retail pharmacy’s future

What it means:Ability to reach target

demographics

Page 11: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Marketing Tools

Page 12: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Shelf Dispensers

Page 13: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Prescription Bags

Page 14: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Specialty health newslettersor magazines

Page 15: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Digital Screens andBlood Pressure Machines

Page 16: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Screenings and Wellness Events

Page 17: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Efforts can Reach Patients Whenever

Page 18: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Measurement Often Looks Like:

Page 19: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Not Within the Retail Pharmacy

ROI: Matched Panel Test

Page 20: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Visible Results

Page 21: Retail Pharmacy: A Valuable Targeted Patient Connection Point

What would you prefer?

OR

Page 22: Retail Pharmacy: A Valuable Targeted Patient Connection Point

The Retail Pharmacy

Page 23: Retail Pharmacy: A Valuable Targeted Patient Connection Point

Questions….?

Jim O’DeaPresident and Chief Executive OfficerRx EDGE Pharmacy Networks

[email protected]