DTC Marketers rate web high in importance but money is still scarce
Forgive me for being skeptical but I have not seen ANY movement towards more online or emerging media from any pharma company. With budget dollars harder to come by and DTC's marketers love of TV I just can't see more money being thrown towards the Internet. Of course this includes all forms of Web presence including search engine marketing, online ads, and branded and unbranded websites. What I have found in talking to my fellow eMarketers is that they do in fact have money but not nearly enough money to do the things that can directly impact the brand and provide new Rx's.
Marketing on the Web
is not inexpensive, it requires a substantial
investment up front and then a steady investment to
keep online marketing fresh and relevant to visitors.
Take a look at pharma product websites today and
chances are that you will the exact same website 3
months and a year from now. There seems to be a
philosophy that once the website is up 90% of the
heavy work is done when in fact most of the work is
just beginning. In addition to analytics that
marketing and business people can understand
eMarketers have to ensure that the message stays
relevant in a changing environment. As you analyze
click stream analysis you can determine the thought
process that people are going through as they
research treatment options and optimize your website
accordingly. However many marketers ignore this or
decide to completely change their website. Take
Cialis.com as an example; this was a website that was
rated number one in consumer conversion by Manhattan
Research a couple of years ago. So what did the brand
team do? Instead of making it better they completely
changed the site and added actor portrayals on the
site. Like men can really identify with actors and
want someone on their computer talking to them about
ED in a household where others maybe present.
It has been my experience that when you layout the
costs of developing a world class marketing program
on the Web that management will run and hide. I was
lucky to have a great budget when we launched Cialis
because the DTC manager believed in the Web and what
we were doing but as that budget declined the Web for
the first to go and the last to know in favor of TV.
It can cost millions of dollars to develop a website
including market research and usability studies. If
you want a 100% share of voice on Google that is
going to cost you as well and remember that Google
can sell your brand name as a keyword to competitors.
Then there is the optimization costs...the continued
dollars that need to go to the Web to keep things
fresh. Just look at the click stream analysis of your
customers and you will see that most come to your
site from a competitors site and or leave your site
to go to a competitors site. Don't you want to ensure
that your message stays fresh with these people as
they research new information?
Finally, there is social media...that black hole that
nobody in pharma want to step in. People are talking
to each other in droves and they trust each other a
hell of a lot more than any marketers message. Pharma
marketers are at a loss on how to leverage social
media and seem to be taking a wait and see approach.
Nobody seems to want to take that first step. Even if
the CEO wrote a BLOG would people really believe what
he had to say given the misinformation that has come
out of pharma over the last couple of years?
So while DTC marketers talk a good game when it comes
to write the check I don't think you'll see a lot of
money moving to the Web other than to keep pace with
things they HAVE to do. That's too bad but then what
else would you expect from a non-transparent
industry?

