Brand Insights - Thought Leadership | Paid Program
Align their interests with your marketing goals to drive brand impact
It is now routine to secure multiple clinical thought leaders and key investigators for assistance in guiding discussions about disease states or even brand implementation. Such groups form advisory boards, which convene to brainstorm ideas or react to stimuli put forth by the manufacturer. But, is this really the limitation of the relationship between marketer and advisor? The investment in developing a brain trust surely could be more engaging for all parties. Let’s examine this hypothesis.
Know what motivates KOLs
Most of us on the industry side of the equation rely on KOLs to be our mentors. But from their point of view, they remain eternal students, exploring—each in their own way—how to shine light into the darkness of medical mysteries. According to Donna Short, EVP of Professional Relations for MJH Life Sciences, the secret to maximizing KOL involvement is “learning what drives and motivates them first, and then aligning their interests with your marketing goals—not the other way around.” You may be seeking insights about your brand’s best opportunities, but they remain focused on discovering forward-thinking solutions about patient care.
Learn the differences between them
While we tend to lump all KOLs into one convenient cohort, each is as different as you and me. Some actively seek the notoriety that accompanies working at the top of their profession because it creates access to the most fascinating issues of the day, and gives them a seat at the table. Others prefer to focus on their core research discoveries, happy enough with their investigations. One thing they have in common, however, is the prospect of comparing notes with their peers. Observing these interactions and fostering greater camaraderie will allow you to:
Identify where KOLs can help most
Sometimes, a healthcare manufacturer will focus so much attention on securing KOLs that they neglect to formulate a strategy on how they can best impact commercialization efforts. Don’t underestimate how innovative they can be in nearly every brand challenge. Recently, a company with its first asset approaching launch found itself first in a new class, but didn’t have a consensus class name in the literature. Several KOLs came together to help the client work through its options, and helped make consistent nomenclature a top priority.
Create a forum that maximizes the dynamic
Perhaps the best way to optimize the dynamic outlined previously is to allow the KOLs to function as a body that acknowledges their diversity of interests, while harnessing the perspectives affecting commercialization and brand strategy. A closed-KOL social network—or a private forum for interacting—is one proven tactic that can appeal to all parties. There are several ways to use closed-community platforms to activate and engage KOLs on an ongoing basis, rather than convene them ad hoc throughout the course of the year:
Thought leadership is the backbone of any brand’s impact on the market. Don’t just launch a product; launch a new way to think and act when evolving the treatment paradigm. Any group of KOLs is only as good as your company’s plans for engaging them. With a focus on their interests first, they’ll respond in kind.