what can go wrong when pharma goes into social media?
DESCRIPTION
This is a compliation of a twitter disussion on April 1, 2011 in the #hcsmeu group. The topic is how pharma companies fail in social media.TRANSCRIPT
What can go wrong in pharma (and health care)
involvement in social media?
Thanks to @whydotpharma and all smart people at #hcsmeu for
crowdsourcing.@vortexsurfer
Risks – what can go wrong?
• Adverse event reporting
• Negative discussions around the pharmabrand
• If no-one engages with you because your content is irrelevant or not interesting
Regulations
• Think carefully, proceed carefully, respond carefully
• Fear mentality: no one wants to get in trouble -> risk aversion and slow innovation
• However: regulations are less strict than pharma perceives
• Pharma can do a lot within current regulations if willing to facilitate vs. lead discussions
• Pharma worried about patients seeing branded information, but in UK, ABPI states that drug info related to brand MUST be viewable
Why do things go wrong?
• Lack of understanding and strategy
• Using SM as a megaphone - one way broadcast
• Failing to be real, just an act to get more sales
• Trying to BUILD when community is already there
• Sanofi Aventis facebook clear fail, but graveyard of no engagement is vast
Why be in SM?
• What do pharma use SM for? marketing? education? feedback?
• SM forces pharma to generate better content
• As long as you understand the limitations, SM allows direct useful engagement with your audience
How to do it?
• Diff. between promotional & informational material.
• Beware of the agency folly.
• Having someone internally who knows about SM, and sell it SM internally.
• Pharma is a non-DTC environment, we will never be able to fully do what FMCG companies do in SM.
My five cents
• Pharma is in SM to fulfill business goals.
• Pharma must be very careful(regulations, adverse event reporting, badvocates). When in doubt, don’tdo it.
• If you do it: know what you do, do it yourself, have stamina, be honest.
• Thanks from @vortexsurfer