Oct 9, 2010

Analyzing iKyp professional data

I always love analyzing and visualizing innovative data streams, and this past week got to look at the output of an IKyp webkey deployment within a pharmaceutical professional setting.

This webkey is an acquisition device for relationship marketing programs, consumer or profesional. It is a USB drive attached to a packet of educational literature, describing the drug, medical device, or professional services. When the drive is inserted into a computer, it calls up a website, that can be a landing page for a CRM or PRM program. In a professional setting, often sales representatives are delivering them to group practices, encouraging the healthcare professionals to sign up for a value added PRM program.

Interestingly, ikyp webkeys all have unique serial numbers, and they can also be programmed to carry a categorical or cohort code, like a sales territory or a metro area. Furthermore, each insertion is date stamped and recorded as a unique transaction in the analytical datamart.

What this means is alot of great analytic potential:

* One can do basic subtotals of how many devices used per day, or per week, and even subtotals by sales territory.

* One can use these for funnel analyses, from manufacturing, to distribution, to usage, to website landing page visits, to registrations.

* Also, the data enables path analysis that can reveal insights. Like how devices are passed around to different professionals, different computers, and used repeatedly over time.

In summary, this mutli-coded physical acquisition device can help a pharmaceutical company understand the effectiveness of its PRM program in ways not seen before.