Business Daily Media

Veeva Pulse Shows Doctors Opening Up Two-Way Communications Doubles Digital Engagement

Digital channels are emerging as the preferred method for engagement with field teams in Asia

SINGAPORE - Media OutReach Newswire - 23 January 2024 - Veeva Systems (NYSE: VEEV) has published its latest analysis from the Veeva Pulse Field Trends Report, with global data showing the impact of two-way, digital communication channels on field engagement.

Findings reveal that access to compliant chat expands the engagement channel mix, more than doubling digital touchpoints with healthcare professionals (HCPs) while maintaining or increasing in-person meetings.

The report shows face-to-face engagements with HCPs have increased by 20% in Asia Pacific from the same time a year before while maintaining steady open and click rates on email interactions. This illustrates increased higher-quality engagement with HCPs through both digital and in-person channels.

Global Veeva Pulse data has also shown the value of compliant chat in facilitating more meaningful engagement with HCPs starting 30% of conversations with field teams. Often sent in the moment of need, compliant chats gain a rapid response from field teams in less than five minutes. This two-way communication delivers on HCP requests in real-time, creating the foundation for a service-focused engagement model that improves access and efficiency.

"To communicate effectively across digital channels, you need to focus on responsiveness, adding value with the ability to give customers what they need, exactly when they need it," says Dave Yates, global product director, GSK. "Having the insights and two-way communication capabilities to meet, connect, and share has given us a foundation for thinking about digital engagement on a whole new level."

In Asia, Veeva Pulse data shows that the region relies heavily on the use of Closed-Loop Marketing (CLM) in meetings, and digital tools such as video, chat and text. Veeva CLM is an add-on application enabling users to easily search and present content while automatically capturing key metrics and recording in CRM.

  • Asia Pacific relies heavily on its use of CLM in meetings. 40% of in-person meetings with HCPs in Asia Pacific involve the use of CLM, as compared to 35% in the US and 25% in Europe. At 85%, the use of CLM in Veeva Engage compliant video meetings remains the preferred supplementary channel when engaging with HCPs.
  • Channel mix remains diverse across markets in Asia with digital tools emerging as dominant methods of HCP engagement. Video, chat and text continue to grow in preference in Southeast Asia, India, and South Korea with more reps leveraging such channels.
"Continuing to meet the individual needs of HCPs through real-time digital touchpoints, CLM content, and the right channel mix will be critical in building more meaningful relationships with field teams," said Shafi Hussain, Veeva Asia business consulting lead. "Understanding the unique demands of HCPs in a region as diverse as Asia can create more opportunities for effective interactions, driving field success in a competitive landscape."

Veeva Pulse shows that two-way communication channels increase the quality of HCP interactions:

  • Inbound channels help to double digital engagement. The average global engagement channel mix is 78% in-person and 22% digital. However, biopharmas that add inbound channels, like compliant chat, expand their mix to 42% in-person and 58% digital. This more than doubles digital touchpoints while keeping the volume of in-person exchanges the same or better.
Traditional Engagement vs Service-Focused Engagement

  • HCPs start 30% of conversations with an inbound channel. When sending messages via compliant chat, HCPs are shown to get a response from field teams in less than five minutes — such as sending requested content and samples or scheduling a meeting. Compliant chat has clear advantages for HCPs over text or stand-alone chat apps that have compliance risks and disconnected data.
Compliant Chat Drives More Real-Time Interactions


Hashtag: #Veeva #VeevaSystems #Healthcare #LifeSciences #Cloud #CRM #HCPEngagement



The issuer is solely responsible for the content of this announcement.

About the Veeva Pulse Field Trends Report

Analyzing over 600 million HCP interactions and activities annually from more than 80% of commercial biopharma field teams worldwide, the is the largest industry benchmark of its kind on HCP engagement. The analysis compiles real-time transactional data recorded in and Veeva data products to deliver a view of engagement activity across life sciences. Indexed by Veeva quarterly, the data will help companies effectively and accurately benchmark performance to set the right, actionable goals for continued growth and impact.

About Veeva Systems

Veeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world's largest biopharmaceutical companies to emerging biotechs. As a , Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit .

Veeva Forward-looking Statements
This release contains forward-looking statements regarding Veeva's products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-Q for the period ended October 31, 2023, which you can find (a summary of risks which may impact our business can be found on pages 38 and 39), and in our subsequent SEC filings, which you can access at .

News from Asia

Vingroup possesses the three prerequisites for a green future

Vingroup, Vietnam's largest private conglomerate, is poised to lead the nation's green transition. Backed by substantial resources, top talent, and cutting-edge technology, Vingroup is well-equippe...

International Business Forum "World of Opportunities: RussiaASEAN" to be Held in Malaysia

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 12 November 2024 – Kuala Lumpur will host the "World of Opportunities: Russia-ASEAN" International Business Forum on November 26-27, bringin...

Pacific Neighbors: Celebrating ties between two ancient civilizations

LIMA, PERU / CHENGDU, CHINA - Media OutReach Newswire – 13 November 2024 - All this week, Peru is hosting the Asia-Pacific Economic Cooperation (APEC) Meetings in Lima. There is al...

E-Commerce Key Export Enabler For Asean-6 Micro, Small And Medium Sized Enterprises According To Report Commissioned By Amazon Global Selling

90% of Micro, Small and Medium-sized Enterprises (MSMEs) in ASEAN-6[1] stated that they would not be able to export without e-commerce. U.S...

30 Years and Beyond - CEIBS hosts 30th Anniversary Celebration

SHANGHAI, CHINA - Media OutReach Newswire – 13 November 2024 - China Europe International Business School (CEIBS) today held a grand celebration at its Shanghai campus marking its 30th anniversary...

XTransfer Named in "2024 Global Digital Trade Industry Enterprise 100"

HONG KONG SAR - Media OutReach Newswire - 3 October 2024 - XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, is pleased to announce that it has been selec...

Dusit International and TDF collaborate to drive excellence in the hospitality sector

BANGKOK, THAILAND - Media OutReach Newswire – 13 November 2024 - Dusit International, one of Thailand's leading hotel and property development companies, has signed a Memorandum of Understanding (...

XTransfer Stage Speech Captivates Audience at Singapore Fintech Festival

Highlighting Financial Risk Control Innovations, Actively Exploring Regional Collaboration Opportunities SINGAPORE - Media OutReach Newswire – 13 November 2024 - XTransfer, the World's Leading &a...

SiegFund Expands Global Footprint Following Success Across APAC

HONG KONG SAR - Media OutReach Newswire - 13 November 2024 - SiegFund, a premier proprietary trading talent acquisition firm, is making waves with its strategic global expansion. Originating in Au...

James Dyson Award announces its 2024 global winners: Hair-loss prevention device for chemotherapy patients and Sustainable ‘maple seed’ weather balloon

HONG KONG SAR - Media OutReach Newswire - 13 November 2024 - Today, the James Dyson Award unveils its two global winners, each receiving £30,000 for solving significant problems of global import...

How much is the rent in Brisbane?

If you’re looking at renting an apartment or house in Brisbane, one of the first questions you probably have is how much it is going to cost. Rent...

Property

Essentials That Can Aid in Seamless Business Functioning in this era

You have a breakthrough idea and a killer business plan for your startup. A talented workforce is ready to take on any challenges in the market. It ...

Business Training

How COVID changed our shopping habits for good & what it means for the future

As Aussies say online shopping ‘came to the rescue’ in 2020 & 60% believe it will be even more important in 2021    COVID-19 has chang...

Business Training

Grasp the Big Picture of Housing Development

The housing development is the process of constructing and managing residential spaces for human habitation. It involves planning, designing, buildi...

Property

How to choose the right freight company

Moving cargo to another state or country can be challenging, especially when you have to move some heavy load. You have limited time to deliver th...

Business Training

3 Things To Consider When Hiring A Graphic Designer To Work With Your Business

If you have a business but aren’t a graphic designer yourself, it’s a good idea to bring someone onto your team that has this specific skill set. ...

Business Training