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Increasing Social Media Marketing Adoption and its Impact on Top Pharma Players

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The high and rapidly increasing popularity of social media platforms such as Facebook, YouTube, and Twitter is expected to revolutionize the marketing strategies employed in the pharmaceuticals industry. In addition to marketing, an increasing number of pharma players have also begun leveraging these platforms to enhance consumer relationships and improve brand management, based on the market intelligence generated by monitoring and analyzing user-generated content. – PowerPoint PPT presentation

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Updated: 20 May 2014
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Title: Increasing Social Media Marketing Adoption and its Impact on Top Pharma Players


1
MarketsandMarkets Presents
Increasing Social Media Marketing Adoption and
its Impact on Top Pharma Players

2
  • According to the new market research report,
    "Effective Social Media Marketing Strategies for
    Pharmaceutical Market" published by
    MarketsandMarkets (http//www.marketsandmarkets.co
    m), 18 of the top 20 pharmaceutical players
    globally have established their presence on the
    three most popular social networking sites, i.e.,
    YouTube, Twitter, and Facebook. (Popularity
    ratings are based on the number of users
    following the top five pharmaceutical companies
    from May 14, 2010 to July 14, 2010).
  • Browse in-depth TOC on Effective Social Media
    Marketing Strategies for Pharmaceutical Market
    Early buyers will receive 10 customization of
    reports
  • http//www.marketsandmarkets.com/Market-Reports/Ph
    arma-Social-Media-245.html

3
  • Pharmaceutical companies are leveraging social
    media platforms for consumer engagement purposes,
    and are also employing these tools to enhance
    customer retention and brand perception. JampJ
    was one of the earliest adopters of social media
    in the pharmaceutical industry. In 2006, the
    company adopted Web 2.0 and started its 'Kilmer
    House' blog on company history. Since then, the
    company has developed multiple social media tools
    such as Baby.com and Safekids USA.
  • Pharmaceutical giants such as Abbott,
    Bristol-Myers Squibb (BMS), GlaxoSmithKline
    (GSK), Merck, and Pfizer began getting involved
    in social media activities from 2007 onwards.
    These companies are leveraging social media
    platforms to gain market intelligence, obtain
    real time customer feedback, create disease
    awareness, engage in brand promotion, etc.
  • Interactive web platforms have generated high
    consumer interest by enabling consumers to
    discuss their views, and by creating a more
    transparent model of communication.

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Hospitals are also employing social media to
disseminate information, provide health
education, increase patient awareness, and to
maintain customer relationships. SCOPE AND
FORMAT The report analyzes the use of social
media tools in the pharmaceutical market in terms
of - Major social media platforms and
the major pharmaceutical Companies with
presence on these platforms - Effective
strategies to develop a successful social media
Campaign - Benefits, risks, and future
impact of social media on Pharmaceutical
industry - Social media use and regulations
in different parts of world
5
  • Analyst Briefing Presentation on Effective Social
    Media Marketing Strategies for Pharmaceutical
    Market to be held on 25th AUG 2010 The
    Pharmaceutical practice at MarketsandMarkets is
    pleased to announce its Analyst Briefing
    Presentation on Effective Social Media Marketing
    Strategies for Pharmaceutical Market

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Contact Us
Mr. RohanNorth - Dominion Plaza, 17304 Preston
Road, Suite 800, Dallas, TX 75252Tel
1-888-6006-441Email sales_at_marketsandmarkets.com
 MarketsandMarkets Blog http//twitter.com/marke
tsmarkets
http//www.linkedin.com/company/marketsandmarkets
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About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
multi-client reports, company profiles,
databases, and custom research services. They
cover thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.
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