As your partner in navigating the market, we help you maximize opportunities to extend your asset by addressing key questions. We analyze current and future market opportunities, investigate market structure and highlight buying points/processes, identify target patients, evaluate the competitor landscape, and assess market evolution given Lifecycle Management (LCM) efforts from your company and its competitors.
Our comprehensive market assessment ensures that you have a clear understanding of the market dynamics and are well-positioned to capitalize on the most promising opportunities.
In partnership with our clients, we identify strategic options and provide recommendations to optimize your commercialization efforts. Our team conducts comprehensive audience mapping from all angles, ensuring that you have a deep understanding of your target market. We help you determine the ideal size and structure of your engagement teams, optimize and prioritize your data research efforts, and evaluate stakeholder needs and interests.
Through landscape evaluation and evidence-based decision support insights, we provide you with the information and guidance needed to make informed strategic decisions that drive your product’s success.
Our business planning services cover all stages of the product lifecycle, ensuring that your commercialization efforts are optimized and aligned with your strategic objectives. We provide performance-based tracking, channel impact analyses, and engagement mix optimization to accelerate Return on Investment from your engagement initiatives. Our team continually refines your plan to adapt to market changes and prospective evolution, ensuring that you stay ahead of the curve.
With frequent touch points and recommendations to optimize performance, such as resource deployment and spend mix, we help you make data-driven decisions that drive your product’s success throughout its lifecycle.
We identify and measure KPIs to ensure your product reaches its full commercial potential. Our team provides proactive improvement recommendations backed by live data, assessing your product’s brand and reputation compared to competitors. We evaluate the effectiveness of your messaging and measure program impact to ensure that your investments are delivering the desired results.
By leveraging our performance measurement capabilities, you can be sure that you are responsibly maximizing engagement to drive your product’s success.
At Propensity4, we are committed to delivering data-driven insights and strategies to optimize your commercialization efforts and maximize your product’s potential.
Our insight initiatives are tailored to address specific issues at different stages of the product launch:
During early launch planning phases, it is critically important to understand and communicate the future potential of an asset. By defining the total size of the market, the potential patient and HCP universe, and how those groups are likely to adopt a product, an organization can be better prepared to secure the necessary human and financial resources required to make a launch successful.
As a brand navigates the launch planning process from 12-24 months pre-launch, it will need to address strategic questions about where and how it can compete and win. Ensuring integrated strategy and analytics will ensure the team has a clear view of the positive and negative implications of those strategic options on near term forecasts and peak year sales.
The 12 months leading up to and immediately post launch are critical to a brand’s market success and leveraging analytics backed decision making will ensure the team makes timely decisions. Leveraging the most probable forecast as a baseline, the team will have the clarity to understand how the market is evolving and how to evolve execution to continue a positive launch.
Once a brand has established its launch trajectory, the team can shift its focus to maximizing efficiency of the brand by evolving the message and channel mix to suit the needs of the brand. During this time, it’s critical to understand how to extend the reach of the brand to late adopters and extend the growth phase of the brand to maximize peak year sales.
At Propensity4, we are committed to helping you achieve your business objectives and drive success in the pharmaceutical industry. Our solutions can benefit your organization and help you stay ahead in a competitive market.
Contact us today to learn more.
