Inbound Marketing For Life Sciences - What's it all about?
In the world of life science marketing there are some basic factors to consider independent of the product or service that you are providing. You could be marketing pharmaceuticals or lab equipment, consumables, high-end microscopes, mass spectrometers, DNA sequencers or research services, and you want to make sure that the life science professionals and scientists in your niche take notice. Those looking for successful life science marketing jobs need to be aware of a number of common facts.
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A properly researched, carefully built, structured marketing strategy and tactical plan can help you stand out and make your business more competitive, robust and rewarding. This is true regardless of whether you're advertising a service or a product.
The starting point for any advertising or marketing campaign designed to increase life science sales should be to develop a clear strategy aligned to your business goals. Before defining your marketing strategies, it's essential to identify the unique advantages of your offering, and how they line up against challenges and the pains of your target clients.
To successfully market to the life science sector it's important to understand how scientific customers use digital content to find, decide, buy and use products and services for their work.
In this article we will cover the strategies that are currently most effective when marketing to life scientists and the strategy will be applicable across multiple sub-sectors such as:
- pharma digital marketing
- marketing biotech
- medical device marketing
- general marketing in science
We will identify the characteristics of effective strategies that drive traffic and improve the conversion rates from visitors to leads and from leads into customers. Many of these strategies have been taken from successful life science consulting firms and pharma marketing companies and form the current 'best practice' in science marketing.
A digital marketing strategy for life science marketing is a tactical plan for engaging with customers through digital channels. It is one component of an overall marketing plan that supports the company's strategic business objectives.
A digital marketing strategy helps drive traffic to a company website, engaging with these website users (turning them into leads), convert them into customers and retaining them through an ongoing process of support.
This is often achieved with a combination of both inbound and outbound methods such as:
- Search engine optimisation
- Pay per click advertising
- Social media
- Webinar marketing tactics
Research is key in the preparation of a life science digital marketing strategy. Specifically, here are a number of examples of factors that you may want to review (change the details depending on your specialisation):
Time Spent Online
- Hours spent by scientists reviewing/viewing web content related to their research.
- Percentage of time spent looking for information about laboratory products and services.
- Percentage of time spent viewing online content that is focused on lab products.
- Top online sources of information searched when researching lab products and services.
- Use of natural search (organic search) versus sponsored ads.
- Proportion of general searches that result in clicks to paid ads.
- Perceptions of accuracy and usefulness of sponsored and paid ads.
- Combination of search criteria used when looking for lab products and services.
- Most frequently used social media platforms for the life science community.
- Most frequently used science-oriented social media sites used to support research.
- Receptivity to various types of email content and preferences of frequency of contact.
- Elements of email from suppliers that scientists find most interesting.
- Incentives that encourage scientists to join a supplier opt-in email list.
- Prevalence of text messaging from life science suppliers.
- Willingness to accept push notifications on a mobile device.
- Types text message scientists would be willing to receive from a life science supplier.
- Percentage of scientists who have watched an online video promotion of a life science suppliers.
- Reasons for watching a life science suppliers' online video.
- Average number of suppliers videos watched in the past six months.
- How many videos watched prompt a scientist to search for additional information.
- Percentage of scientists who have attended a webinar by a life science vendor.
- Average number of live supplier webinars attended in the past six months.
- How many supplier webinars prompted a scientist to search for more information.
- Supplier / competitor websites visited most often.
- Most popular vendor websites.
- Characteristics of the most popular websites.
- Most helpful features of a supplier website.
- Types of online content produced by other scientists and / or independent publishers utilised to learn about lab products and services.
- Types of online content from life science vendors utilised to learn about lab products and services.
- Ranked value of personalised content designed to help a scientist find, decide, buy and use products relevant to their work.
In order to allocate your digital marketing resources properly you need to review the above, taking account the differences between regions, age groups and comparisons with past finding to highlight trends. If you are working with biotech consultants at one of the top life science consulting firms make sure they report back to you on the above statistics for your sector.
Science and Marketing Fact: Most scientists begin their search for information about lab products with a general web search. Scientific publications, and information found directly on a vendor's website are a close second and third: Source: (Bioinformatics LLC).
Search Engine Optimisation For Life Science Suppliers
A general web search has the advantage of discovering not only the information produced by life science suppliers and third party publishers, but also literature citations and reviews.
Suppliers must continually analyse incoming traffic to understand the ways in which users find their site with organic (non paid) searches.
Keywords alone are no longer enough to drive traffic to a site. Changes in Google search algorithms now place a large emphasis on the quality of the content and its relevance to the associated keywords. This is driving the shift towards content based inbound marketing.
So optimising the way that scientists look for your products and services is under your control.
How Do Scientists Search For Products Online?
Scientific Marketing Fact: 16% of scientists say that they click on sponsored links that appear above or below the organic listings Source: (Bioinformatics LLC). They say that they do find these ads useful, so a paid ad campaign is often justified, although detailed ROI work needs to be done on the actual costs as paid science advertising can be expensive.
In order to rank highly for your targeted search results suppliers must publish high quality information that places scientific techniques and relate products in a context that reflects the intent of the scientist's search.
Social Media For Scientists
Social media has always been a challenge for life science vendors as they struggle to provide the ROI of investing time and effort in the social media channels. But statistics show that only 19% of scientists claim not to use Social Media for their product and service research.
Life science marketers are probably best served by focusing their efforts on the specific channels that they know are relevant to their particular niche and carefully analysing campaigns to track conversion rates from social media campaigns.
Marketing Science Fact: There is little evidence that social media paid ads are effective in driving sales in the life science sector. Scientific groups on LinkedIn are often not heavily used for scientific discussion. Many science related websites, many of which have a social component, offer some opportunity for banner advertising and sponsored links, but they are often too diverse to reach a broad audience.
Source: (Bioinformatics LLC).
On average, scientists use 2 to 3 social media sites on a weekly basis.
What Are The Most Popular Social Media Sites For Scientists?
Social media can best be used as an outlet for high quality content that can be shared and distributed within a community.
Life Science Websites
The company website is the center piece of its digital marketing efforts. As such, it should be as dynamic as the company that it represents. With new content continually added to drive traffic from customers and prospects. Intuitive navigation, advanced search capabilities and content designed to support the customer's buyer's journey should be built into the design.
Lead generation capabilities are available to support highly personalised campaigns to appeal to different customer personas. The importance of a mobile friendly site is key as the majority of search is now done on mobile or tablet and not via the desktop.
An example of an extremely popular site that does all this well is Thermo Fisher Scientific: https://www.thermofisher.com
What Vendor Sites Are Visited Most By Scientists?
Source: (Bioinformatics LLC)
Content marketing in many vendors tends to be delivered in a silo-based design and delivery methodology with little co-operation and communication between the divisions.
What Content Is Most Used By Scientists?
Source: (Bioinformatics LLC).
This is why many marketers working in the life science sector are turning to an inbound methodology and are attracted by its emphasis of education based marketing with the strong use of analytics and data driven campaigns. Inbound marketing for life sciences is an increasing trend and we expect this to continue.
But, for many marketers who belong to the life sciences industry, the concept of inbound marketing is relatively new.
The industry has been known to use outbound marketing tactics as their main marketing strategy.
But in this digital age, for a marketing strategy to be effective and drive sales growth, the marketing function is now shifting the focus from outbound promotional activities to reaching out to a wider market and thereby attracting new prospects and converting visitors into leads and leads into customers. Terms such as 'inbound pharmaceutical marketing strategy' is becoming more commonly discussed as inbound marketing for life science companies becomes a mainstream strategy.
The Inbound Methodology For Life Science Marketing
Inbound life science marketing may sound a little more complex than outbound marketing, but it is more synergistic.
For instance, outbound marketing is designed to achieve a single exchange of value, i.e. purchase of a good or service in exchange for money. Whereas, inbound life sciences marketing is designed to engage in many small valuable exchanges of value which can help life sciences achieve its marketing goals.
Through inbound marketing, life sciences organization can offer information and insight to attract its target market.
An effective Inbound marketing campaign grabs the attention of the target market, builds trust and strengthens the relationship with your target market.
Inbound marketing allows the marketing of life sciences to enter into new exchanges of value during their sales cycle, before they enter into the traditional exchange of product/service for money, offered by outbound marketing.
These new and informed exchanges are driving sales for marketing life sciences.
An Inbound healthcare marketing strategy is ideal for healthcare companies whose main target market includes scientists and lab researchers.
The following is the roll out strategy for 2016 that is based on inbound marketing for life sciences industry, that is specifically designed to enhance organic traffic and also grow e-mail subscribers by leveraging creative content marketing, various remarketing techniques and integration with social media networks.
If your goal is to create inbound pharmaceutical marketing strategies that are SMART ie Specific, Measurable, Attainable, Relevant and Timely then an effective Inbound life sciences marketing strategy depends on creative and informative content and a way of measuring the ROI of your inbound campaign.
If you are able to create and offer excellent tools, information and resources to your potential scientists and lab clients absolutely free of cost, it will not only give you an edge over your competitors but will substantially improve and increase your brand awareness and enable you to gain the trust of your target market.
Life science Inbound marketing can help a life sciences company to become an industry expert through information sharing. This can be done in-house by training internal staff on best practice solutions or by hiring a specialist external digital medical marketing agency to do the work for you.
An experienced science marketing agency can reduce the learning curve and improve your marketing ROI. Making the complex compelling is how they earn their marketing salary.
Great examples of how to build an inbound biotech sales funnel. On their websites, they have built a massive collection of resources providing bioinformatics guides, tools, protocols, video tutorials, posters and lots of insightful resources to potential lab researchers and scientists.
This information sharing, based on life sciences inbound marketing, has not only brought them online success but had led them to domination major search engines, such as Google, Bing and Yahoo.
The average monthly traffic of Thermofisher is over 2 million and with 61% of traffic coming from organic search which directs visitors to the comprehensive database of tools and resources.
The next step in marketing life science is driving traffic towards that content, this can be achieved either through sharing links on various social media channels or through search engine optimisation techniques.
The most popular social media channel for reaching out to scientists and lab researchers is their LinkedIn Profile. LinkedIn is not only about careers and science jobs, it's also about marketing your product, your service and yourself.
To reach your target audience on LinkedIn you need to optimize your content for that particular social media platform and its audience.
The next major step you should to put together a pharmaceutical marketing strategy is to format your content to get leads via email opt-ins.
According to a report that surveyed 1000 life scientist researchers, it was indicated that promotional offers in emails has served as the most valuable tool for scientists in helping them find products they need for their research. This is the reason why you need to increase your email subscribers list.
Finally, those website visitors that arrived on you site but did not fill in email opt-in are later retargeted using Google remarketing.
Following you will find the major inbound marketing strategies that can drive traffic and sales to your life sciences, pharmaceutical, healthcare, medical or biotech website. These strategies can be deployed by your partner medical marketing agency or by your in house marketing team.
Part 1: Content Creation For Life Scientists
If, for example, your main goal is biotech sales, then an inbound biotech marketing strategy must begin with great content.
Creating informative and insightful content is the backbone of biotech inbound marketing.
Content creation comes in different forms, it could be a white paper, a detailed infographic, a research article, or even an elegant poster.
The most important benefit you offer to your targeted customers through these tools and resources is value.
Providing them value enables you to reinforce your brand in the market as an industry thought leader that has the power to influence a major chunk of its target market.
Rest assured, when next time your potential customers want any product or service related to the information you have shared, they will automatically turn towards your website.
In order to optimize content and make it work for you in the long run, it is imperative to incorporate relevant keywords that will pull your target audience towards you.
Because the amount of organic traffic you receive on your website comes from efficient keyword research.
Besides that, regular customer feedback is also important along with following up on current social media trends keeping up with your competitor’s content.
It has been observed that the best type of content in life science, is often a comprehensive guide based on one popular topic.
The guide should have detailed sections and sub-sections that may spread across several web pages, each of them targeting a specific sub-topic. So if you have a number of different pharmaceutical marketing strategies that need to be implemented, don't try to cover multiple pharma advertising goals in on piece of content, choose one and cover it in detail. Your pharmaceutical marketing plan should be broken down into multiple sub plans as part of an overall strategy so that each one can be individually executed and tracked.
- Create relevant content by providing high value.
- Optimize the content by using relevant keywords through keyword research.
- Follow up on current social media trends.
Part 2: Driving Traffic Toward Your Life Science Website
A marketing funnel cannot be completed if there is no way to reach out to the millions of users on search engine. You need seo experts on your side. Here are some stats..
Google Traffic For Life Science Companies
Driving traffic towards your website is as important as creating informative and insightful content.
When you publish an informative guide on your website, you must include key phrases that will enable the visitors to click on the link and arrive on your website.
The more relevant key phrases you use in your guide, the better are your chances of attracting organic traffic. Selecting the right keywords require thorough research, but this is the most effective technique.
Fortunately, there are a number of tools available that can provide life science marketers with relevant keywords, such as, Moz Pro, Google’s Keyword Planner and SEMrush that can provide you with keyword research and also enable you to leverage high traffic keywords in your content. If you have an inbound marketing agency that you are working with, they should have professional level access to all these tools.
- Generate organic traffic by using key phrases and keywords which will help your content to be found.
- Use a tool to find relevant keywords: Moz Pro, Google's Keyword Planner, SEMrush.
Part 3: Harnessing The Power Of Social Media Via LinkedIn Groups
LinkedIn is considered more flexible for implementing inbound marketing strategies as compared to Researchgate.
According to a research conducted in 2014 called Bioinformatics Content Marketing Report observed that 21% of researchers prefer LinkedIn for sharing informative and insightful content.
Sharing content on LinkedIn Groups is one of the best ways to engage with various groups on LinkedIn which enables marketers wanting implement a healthcare inbound marketing strategy to share insightful content from their website with hundreds of biotech groups that are specifically created to share and discuss biotech related news and topics. Marketing biotechnology professionals have a ready made audience who want to hear about and consume their content.
This is the perfect platform to showcase and share your created content.
An important thing to note is the way you display your content. If group administrators notice that your content looks more like spam or salesy, your shared link might be removed without warning.
- Use social media platform such as Researchgate or LinkedIn to provide potential customers or business partners with your informative and insightful content.
- On your website offer visitor to connect to you on social media platforms through social media buttons.
- Set up an inbound marketing strategy.
- Create groups to reach them even more precisely.
Part 4: How Effective Is Paid Traffic?
There are a number of marketers in the bioscience marketing field who prefer using paid ads. One big mistake is forgetting to create separate landing pages for each of your Ad Groups. If you do this then you will be able to get a higher ROI with each click.
It's also important here to match the advert that the user sees with the final page that is delivered. A common mistake in building PPC ad campaigns is to send all traffic to the home page of the website. This typically results in low conversion rates and wasted ad spend.
- Create landing pages specifically for each of your paid campaigns.
- Create as many landing pages as is needed.
- Build a/b split tests to fine tune the ROI.
Part 5: Email Opt-Ins
After all the hard work of driving traffic towards your website, it is time to turn targeted traffic into sale leads.
You can capture your potential customer’s email information and keep them updated on your latest products or services.
With a Call-To-Action on the website and a quick sign-up, you provide your customers an opportunity to download the entire resource will relieve your customers.
This way you will be able to increase your email list.
- Create landing pages.
- Create a little sign-up for example for your newsletter to capture potential customers email information .
- Use CTA's to capture potential customer's email information in exchange for your content.
Marketers can benefit from Google’s remarketing lists feature.
Through this feature you can target display ads to visitors who are directed to your guide via Google search engine or LinkedIn.
By targeting your previous visitors via display ads, you will only be targeting individuals who are genuinely interested in the resource.
Thus saving you time and money on going after customers who are not interested.
- Use AdWords Remarketing for display ads. Thus you are able to reach a specific group of interested potential customers.
Part 7: Benefitting From Inbound Marketing Strategy
Adding inbound marketing to an existing sales strategy is ideal for life science companies who are looking to broaden their online presence and wanting to generate invaluable sales leads.
- To run an effective inbound marketing life science campaign, you need an omni-channel approach. Setup and test multiple channels and concentrate on the ones that work best.
- Scientists are searching for useful and consistent information across multiple digital channels (omni channel marketing) that are pertinent to their needs.
- Marketers must effectively communicate with their customers across multiple digital touch-points and deliver consistent brand messaging.
- Effective digital marketing needs a brand that is dynamic, flexible and agile, so it's digital marketing must be sequential and advanced whilst constantly evolving.
- Read our eBook to build up your own Inbound Marketing Strategy.
If the marketing funnels looks too complicated or overwhelming to you or if you think you need better assistance in implementing this marketing funnel and fully harness the power of inbound marketing tactics, you can contact a life sciences consultant at our agency.
Lifesciences Consultants: Whitehat is an inbound life science marketing agency When you contact us you can talk to a life science consultant who specialises in Search Engine Optimisation, Social Media Marketing, Brand Optimisation and Inbound Marketing for life science companies. You can contact us for a one on one consultation and we will be happy to assist you in your inbound marketing goals.