Is social media ready for the restrictions on the drug industry ?

phishing
Twitter is locking many users out of the system this morning, and sending them notices that they need to change their passwords in order to regain access to the service, due to concerns over a possible phishing attack. 70% of Facebook users are outside the US and growth is continuing to come from outside the US. So at a time when a LOT of people think social media can save the drug industry one has to wonder if in fact social media is ready for the drug industry ?

According to a recent survey by the Federal Trade Commission (FTC), 3 percent of U.S. identity-crime victims had someone use their personal information — a Social Security number, an insurance policy ID, even a mere driver’s license — to obtain medical services or to profit from filing false claims in their name. Experts say the rising costs of U.S. healthcare are driving medical identity fraud, and many victims are entirely unaware that their medical identity has been stolen unless they receive a hospital bill or an inquiry from their insurance provider. In addition to potentially damaging credit reports and affecting future job status -- since many Fortune 500 companies require access to medical records when hiring or promoting -- medical identity theft can also cause fatal future hospital errors.

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Not the kind of eMail we want from those of us who use Twitter (click to enlarge)



We are just a few stories away from making a lot of people afraid of using social media for health. I heard this loud & clear during research last year when we asked patients if they wanted to use Twitter to talk with drug companies. The loud answer: hell no ! The reasons? "Who am I going to talk to and how is my information going to be used?"

On the form to obtain Pfizer's discount Lipitor card there is a check box way at the bottom. If you check the box "I also agree that Pfizer or companies acting on its behalf may send me materials about other health conditions, use my information to develop or improve products and services, or contact me in the future about health-related topics." Now what the hell is that? Can you maybe give me an example of what I might receive or who would get my personal information?"

me465
What materials? Can you give me an example please?


Let's be realistic here !



Social media is NOT going to save DTC marketing. It requires a strategy, and full time staffing and updates to be effective. However what a lot of marketers are starting to learn is that they need to stop thinking about ROI when it comes to social media and start thinking about ROBE (Return on Brand Equity).

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Solving problems could lead to a "Please ask your doctor about that" but
the pharma industry could use social media for incentives and for compliance.



Consumers, and patients, expect brands to be on social media when they have a question or a problem. However with pharma a problem potentially means an adverse event and a question could mean anything from asking about the best time of day to take the medication to taking the medication with other drugs or supplements. Both cased open the door for lawyers and invite ambulance chasers who are quick to pounce.

Facebook on the other hand offers pharma a chance to bring people together to share information without the necessity for conversations which should be help between a patient and his/her physician. Again the key with a good Facebook page is to ensure that it's updated on a regular basis and that the information is personally relevant. A good example was the news media story yesterday on heart medications and grapefruit juice. If I was on heart medication and I was a regular user of grapefruit juice I would want straight answers rather than having to wait until I could get into my doctor or letting the bottle of grapefruit juice in the fridge go bad.

Facebook is evolving and adding new feature to keep users engaged. Twitter has reached a plateau with users and has had more problems like repeated appearances of the Fail Whale. People via the Web get very bored quickly and unless Twitter starts to evolve it could become irrelevant. The people who own Twitter know this that's why they are sponsoring a developers conference later this year in San Francisco.

Finally, I don't think there i any doubt that trust is a big issue with consumers today when it comes business and government. In order for social media to be effective TRUST has to be a cornerstone but how is the industry supposed to gain trust when we read stories about more fines for bad marketing ?

Social media is part of an integrated brand strategy and is one of many tactics that maybe effective in achieving goals. Brand equity today consists of company social missions, HR, and yes, customer service on which the drug industry continually scores low. There is a way to realign marketing around customers and patients but in order for that to happen Linchpins are needed.

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