Millennium Pharma Customer Journey Design Recommendations
Yes, Millennium Pharma can use Customer Journey Design principles in the Retail (Drugs) industry. Millennium Pharma has to carefully evaluate the positioning and targeting strategy in the Services sector, to build a highly effective customer journey.
Customer Journey is the compelling series of experiences that a brand or a product delivers to the customers that keep them coming back for more. It is a sequential design of not only the product purchase journey but also post sale usage experience and service experience. For example
Customer Journey Design is a deliberative act of putting in place touchpoints that can not only improve the customer experience but also reduce friction throughout the whole – pre purchase, purchase, and post purchase experience. For example
Some of the most prominent examples of customer journey types employed by the leading organizations are -
More often than not companies try to routinize the customer journey that is making it more effortless and predictable. For example Amazon one click shopping experience. Once the product is selected customers don’t have to fill in the address and other details, don’t have to fill financial data to pay, and don’t have to follow up the order as they receive constant notifications based on what stage the delivery process is.
But this constant drive to routinize the customer journey is not suitable for most products as the motivation behind the purchase varies.
None of the archetypes explained above are superior to one or another. All four types of customer journeys can help organizations to achieve long-term success in the marketplace. It all boils down to the type of the product and services of the company. In fact as Millennium Pharma is a multinational company in Retail (Drugs) industry with diverse products and services offering – it can use all the four above archetypes for different products and services.
The firve steps of Customer Journey Design for Millennium Pharma in Retail (Drugs) are are – identify product service archetype Retail (Drugs) industry, applying archetype design principles to Millennium Pharma products & services, cue purchase decisions based on Retail (Drugs) ecosystem, streamline touch points across Millennium Pharma distribution & service channel, and build a post sales strategy based on product features and usage.
First step of designing the customer journey design for Millennium Pharma products and services in Retail (Drugs) industry is to identify and categorize the products and services based on different types of archetype
As Millennium Pharma is operating in multiple product categories in the Retail (Drugs) industry, the bigger challenge is how to categorize various products and services of different archetype and how to serve them using either existing backend operations.
Even though customer journey is not confined to streamline the purchase decision, but it is one of the most critical parts of the process. Providing right purchase cues at right time can enable Millennium Pharma to increase its market share in Retail (Drugs) industry.
By streamling customer journey at every opportunity is not confined to making it effortless and routine, but to optimize the touchpoints based on product and service archetype.
Finally Millennium Pharma can build different customer journey designs based on the expectations and behavioral aspects of various customer segments.
To succeed in the hypercompetitive market, marketing managers must design a compelling customer journey that can make customer return for more. The customer journey design should consider – product and service archetype of Millennium Pharma in Retail (Drugs) industry, positioning of various products, customer expectations and existing go to market strategy, and finally providing a streamline process in line with product features, usage, and customers’ expectations.
Feel free to connect with us if you need business research.
You can download Excel Template of Case Study Solution & Analysis of Millennium Pharma
Healthcare , Major Drugs
Basic Materials , Misc. Fabricated Products
Basic Materials , Gold & Silver
Capital Goods , Construction Services
Technology , Communications Equipment
Basic Materials , Chemicals - Plastics & Rubber
Consumer Cyclical , Apparel/Accessories
Financial , Investment Services
Services , Restaurants
Technology , Computer Services
Services , Personal Services