Build the Right Content Foundation for Long-Term Growth in MedTech

How MedTech companies can launch and scale faster
with cloud-based content management

One of the unexpected benefits of healthcare professional (HCP) engagement going digital in 2020 was the opportunity for reps to spend more quality time with doctors. Virtual meetings extended the amount of time HCPs were able to meet with reps from an average of three minutes to 19 minutes, when compared to traditional, face-to-face meetings. Rep-sent email also drove significant engagement, with an average open rate of 36%.1

While the chance to engage in more meaningful conversation has certainly been a positive thing for field teams, it’s also created a greater need for marketers to produce more content, faster. Establishing the right content model early on is key for MedTech companies looking to enable and sustain rapid content creation at scale.

The first step is to clearly outline how your organization will manage its assets through each stage of the content lifecycle. From creation, review and approval, to distribution and delivery, think about how your content will ultimately make its way to the hands of doctors and patients in the most efficient—and compliant—way possible. The following best practices can help get the ball rolling and ensure you’re building a long-term content foundation that can scale with your business.

1. Establish a single source of truth for all content stakeholders

Before the content creation process begins, your commercial team and agency partners will want to establish a comprehensive launch strategy as far in advance as possible. This strategy should include a content plan with key assets to be created, as well as early concepts that they can share with the medical, legal, and regulatory (MLR) review team before content development begins.

Using a digital asset management (DAM) system, marketers can easily share and collaborate on key files with agency partners. Whether it’s messaging documents, website wireframes, or video storyboards, all planning and concept documents should be uploaded to the DAM so you have an audit trail with comments collected in one central location. This can also help with version control by making it easy to see the latest iteration of a document, while providing visibility into associated files.

Make sure that anticipated launch dates are continuously communicated so the marketing team has enough time to include an initial round of concept review ahead of content creation. Not only will this help reduce the number of iterations and review cycles the team has to go through later on, but it will ensure final assets are approved and ready to go as soon as your product has been cleared by regulatory authorities.

2. Fast-track MLR reviews with automation

Once content plans are approved and assets are drafted, the next phase of the content lifecycle is review and approval. Marketing will need to route all assets to necessary stakeholders to ensure they are compliant and ready for distribution—a process that can quickly become complicated.

Email and spreadsheets are often a starting point for emerging companies. However, they need to be managed and manually updated constantly, making it easy to lose track of where assets are in the review process. The result is a loss of precious time and money, as well as an increase in compliance risk.

A simpler and more sustainable option is to automate these cycles through a cloud-based, MLR review system. With review and approval being tracked in one place, stakeholders will have an easier time managing approval queues while also gaining visibility into what’s coming down the pipeline. Meanwhile, marketers and commercial operations teams will be able to quickly spot any bottlenecks in the process and ensure that assets are not only approved but submitted to the appropriate regulatory bodies in a timely manner.

3. Maximize content impact through omnichannel delivery

After content has been approved, it’s now time for the commercial team to educate the market with brand-compliant messaging and materials. The volume of your content will only grow as it gets pushed through more channels across multiple audiences, so make sure the team has an easy way to manage omnichannel content distribution and delivery.

In addition to in-person meetings, consider a variety of digital channels such as your website, social media, newsletters, webinars, and even an online event to distribute content. Most cloud-based content management solutions will let you create, approve, and distribute content all from the same platform, while also helping with content withdrawal when needed.

Label changes or new drug studies will require rapid updates to all promotional and medical content, typically within a three- to six-month timeframe. To avoid being penalized, make sure you have visibility into all content and all channels that the assets are being distributed from. Leverage your content system to ensure only approved materials make it out to market and maintain control of assets with instant withdrawal, controlled updates, and automatic expiration.

4. Measure performance and adjust content strategy as needed

Getting your content in the hands of your customer is a great milestone, but it’s not the final step. The marketing team will need to understand which materials are resonating with your audience and through which channels, whether that’s patients on your website or doctors in an office.

Measure customer reaction to and engagement with assets using tools like tracking links, social metrics, and content sentiment, all of which should flow back into and inform your centralized content strategy. It’s also a good idea for reps to ask for feedback directly, especially when meeting with HCPs in person.

Once you gather data on asset performance, you can analyze your results and use these findings to adjust your marketing tactics moving forward.

Key Requirements for Effective Content Management

Speed
Make sure marketers and agency partners have a fast and easy way to collaborate and create content using a single source of truth.

Compliance
A centrally controlled platform simplifies the process of bringing together necessary stakeholders for review, approval, and withdrawal with a clear, comprehensive audit trail.

Omnichannel
Get more value out of your content by simplifying omnichannel distribution through a cloud-based content management system.

Insights
Track and analyze asset performance and use findings to adjust content strategy moving forward.

Planning for the future

The rapid creation and management of promotional and medical assets is a key competitive advantage for pre-commercial companies. The efficiencies you build into your content workflow now will help your company scale more efficiently using new approaches like modular content now or in the future.

A modular content approach reassembles existing, pre-approved content blocks, or modules, into a variety of assets that can be used in different channels and regions. It can be particularly useful for fast-tracking content creation and approval, in addition to achieving the ultimate goal of personalized content.

With the right content foundation in place, you’ll be able to support the team’s launch efforts with greater speed and efficiency, while having the flexibility to reuse content and experiment with new commercial strategies down the line.

1 Veeva Pulse Trends, Global Market, January 2021.

The influx of promotional materials is changing the medtech marketing landscape, requiring companies to evolve their digital content supply chain to produce more valuable assets, faster. Read our eBook to learn how.