Genentech, a leading biotech company, uses human genetic information to develop and market pharmaceuticals for significant unmet medical conditions such as cystic fibrosis and lymphoma. As with many pharmaceutical companies, promotional products play a significant role in their marketing efforts. But, with promotional spend being spread over a variety of brand teams represented by several different advertising agencies, Genentech found themselves working with over 100 promotional suppliers. Their goal? Reduce that number to no more than four.
That's when Bluegrass Promotional Marketing wrote them a prescription for success.
Leveraging a history of creative products, competitive pricing and unparalleled on-time delivery for Genentech, we scheduled meetings with Genentech's ad agencies and procurement department to garner trust. Then we added a dose of strategic thinking to the mix, identifying opportunities across all Genentech specialty purchases where they could consolidate and leverage buying power to drive costs down even further. This included items like writing instruments, adhesive notepads and cubes.
Our final ingredient was a weekly report provided to Genentech and their agencies outlining their open accounts. The report included the contacts who initiated the project, the items in consideration and the expected delivery date. This gave everyone the ability to monitor all project activity with Bluegrass week-to-week at a glance.
The result?
Bluegrass was selected as one of four preferred promotional product providers for Genentech, curing their problem of supplier clutter and creating harmony among ad agencies and brand teams alike. And in the first contract year, we received far more than our share of the promotional spend among the preferred providers.
Need a promotional marketing firm that understands how to work seamlessly with multiple ad agencies? Bluegrass Promotional Marketing is just what the doctor ordered.