Sales and Marketing
We market to and service our customers through
our direct sales force, customer service and patient service representatives
and couriers.
We focus our sales efforts on obtaining and
retaining profitable accounts. We have an active account management process to
evaluate the profitability of all of our accounts. Where appropriate, we change
the service levels, terminate accounts that are not profitable or adjust
pricing.
Our sales force is organized by customer type
with the majority of representatives focused on marketing laboratory services
to physicians, including specialty physicians such as oncologists,
cardiologists and gastroenterologists. Additionally, we have a managed care sales organization that maintains
relationships with regional and national insurance and managed care
organizations. We also have a hospital
sales organization that focuses on meeting the unique needs of hospitals and
leverages the specialized capabilities of our Nichols Institute esoteric
testing laboratories. Supporting our hospital and physician sales teams
are genomics and esoteric testing specialists, who are specially trained and
focused on marketing and selling more complex tests to our customers.
A smaller portion of our sales force focuses on selling substance-of-abuse
testing to employers.
Customer service representatives perform a
number of services for patients and customers. They monitor services, answer
questions and help resolve problems. Our couriers pick up specimens from most
clients daily.
Our corporate marketing function is organized by
customer and is responsible for developing and executing marketing strategies,
new product launches, and promotional and advertising support. The marketing function is also responsible
for customer satisfaction surveys, market research, tradeshow administration,
database marketing tools, and marketplace trending and analysis. |