I am not sure how many of you saw the article published yesterday, “eMarketer: Pharma Industry Failing at Web 2.0.
“Despite accounting for an ever-increasing spend of online ad spending, the pharmaceutical industry is still failing to embrace the Web 2.0 strategies that could help it better engage consumers looking for health care assistance, according to eMarketer research.”
The industry is tracking to spend $975 million online in 2007, 4.5% of total Web spend, and is predicted to spend $2.2 billion by 2011, 5% of total Web spend.
The article goes on to say, the pharma industry is not exploring with blogs, social networks, etc. Well we all know why. Interestingly, the article highlights the Rozerem website and the video aspect of the site. I think the idea is good, the site continues the DTC experience with the three characters in the TV ads. This example of Web 2.0 is safe, it is in video form, so the content is controlled. This site is a very basic example of the use of Web 2.0. The bar is low.
We as an industry can do some exploratory work without ruffling the regulatory committee’s feathers. I also noticed they are doing a pretty good job with their search marketing efforts relative to their competitors. Rozerem could further leverage their video assets by optimizing the videos and other digital assets for GUS, Google Universal Search.
