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The following section answers several of the most frequently asked
questions related to our brand. Click on a question to view the answers.
1. Why is a branding system important?
We have more customers than ever with whom we must communicate. Patients,
for instance, are taking an increasingly proactive role in health
care for themselves and their families. And with the rise of the Internet
and other new communication tools, they are seeking information from
an expanding number of sources.
Our audiences have expanded to include business partners, health
maintenance organizations, Wall Street, and others.
As we communicate through an ever-widening spectrum of vehicles
to an increasing number of audiences, putting a unified "face"
on those communications will increase their impact and value.
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2. Why are corporate brands emerging in our industry?
The pharmaceutical industry has traditionally been a relatively "unbranded"
category from the corporate branding standpoint, but this is changing.
The competition is working to establish corporate brands to raise
visibility and awareness. In addition, research shows that our customers
want us to be accessible and provide information to them.
To reassure our audiences that we are on track, we must present a
strong, visible face. Our corporate brand is a tool for doing this.
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3. In the highly regulated environment we're in, how can we really
live up to the promise of "Answers That Matter?"
We must continue to live up to all regulations governing our industry.
But by sharing as much information as we can – in the most
effective
way – and providing straightforward answers when there are reasons
we can't answer, we will deliver on the brand promise.
Our brand promise calls on every Lilly employee to become as knowledgeable
as possible about every aspect of our business. For example, our sales
representatives can provide value through deep knowledge of our products.
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4. Can corporate branding really bring us value?
Absolutely. In a rapidly changing world, when many parties are influencing
prescribing decisions, a strong corporate brand can have a huge impact
on establishing preference for our products. Our brand establishes
an expectation of quality in our offerings.
In addition, a distinctive brand can help us in our recruiting efforts,
elevate our standing with investors, and assist us in attracting new
business partners.
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5. What changes can our branding program bring about?
Branding increases the awareness of Lilly globally among all our
audiences, as well as a better understanding of what we stand for
– and how we stand out from our competitors.
Studies have shown that a strong brand can improve performance.
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6. What's the relationship between our corporate brand and our
product brands?
Product brands remain extremely important to Lilly. However we have
learned from research that our customers prefer to see product brands
with a Lilly endorsement. It adds a sense of credibility and assurance
to our products – and tells our customers that we are proud of
our
offerings and stand behind their quality. That's why all our products
carry a Lilly endorsement.
The standards ensure product brands remain prominent, but they also
reinforce the visibility and consistency of the Lilly brand. Within
the standards, product brands retain their individual "look and
feel."
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7. Our four attributes seem like the kind of things all pharmaceutical
companies would want to own. How are we differentiating ourselves
from the competition?
Our four attributes were the output of customer feedback. When asked
what “Answers That Matter” means to our customers, they
told us that it means delivering breakthrough products, medical expertise,
active listening and responding, and reliability and trustworthiness.
They also told us that no pharmaceutical company currently delivers
on all four consistently. The company that can do this has an opportunity
to truly differentiate from the competition.
The attributes are all part of a whole – without any one of
them, we fall short of delivering on our brand promise.
8. Do we really need to deliver on all four attributes?
The four Lilly brand attributes are not mutually exclusive. Each
are elements of the overall reputation we are trying to deliver to
our external stakeholders. Some functional areas may directly reinforce
certain attributes more than others, but we must all strive to align
our actions with all four of the Lilly attributes. Whether you touch
the customer directly or affect their experience through your dealings
with internal stakeholders, your role in delivering on all four brand
attributes is critical to the overall perception of Lilly.
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