For more than ten years we have been asking Australian doctors to rate their experience with pharma, both in terms of their overall experience and across different touchpoints they have with the industry. We have collected thousands of customer ratings along the way and developed a unique set of customer excellence benchmarks for Australian pharma.
In this article we look at:
Let's talk about the secret weapon in your marketing arsenal - benchmarking.
Benchmarking customer excellence isn’t just about knowing where you stand; it’s about understanding how you can provide even more value to customers.
Over the past decade, we've developed 30 benchmark metrics from approximately 500,000 survey ratings based on 20,000 HCP interactions across 40+ therapy areas. Our metrics cover overall customer experience, value of field force and digital engagement, company and field force performance indicators, with additional benchmarks for medical education, patient support, and drug access.
Our benchmarking research assists pharma teams in elevating the value they provide to doctors and patients, moving some companies from the lowest ratings for customer excellence into the highest over time. The real value lies in the fact that all benchmark metrics are based on HCP interactions here in Australia, providing genuine insights from your own customers.
One of the key metrics we measure is customer experience, assessing the value customers receive from pharma companies. The average Customer Excellence scores for specialty and primary care are 55% and 46%, respectively.
However, the gap between the industry's top performers and those lagging at the bottom is eye-opening, as the average Customer Excellence score for the top quartile of companies is about 3 times higher than the bottom quartile.
Ever wondered how some teams skyrocket their performance?
Shoutout to Team X and the other team that share first place in our database, with a jaw-dropping customer excellence score of 97%
Based on our decade of benchmarking, where we rate and analyse the drivers of customer excellence, we have uncovered key characteristics of high performing teams. The relevance and value of information you provide and the quality of your customer-facing teams are the main drivers of customer excellence along with…
If you can get these right and build a culture of delivering value through every engagement, we’ll see you at the top!
Want to know where you stand? Get in touch today