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Branding / Marketing and Advertising / Interactive / Investor Communications
1
BIOCOM CRO
“Time to Get Social”
May 28, 2014
#GetSocial
#BIOCOMCRO
Branding / Marketing and Advertising / Interactive / Investor Communications
AGENDA
2
 What is Social Media? What is Social Media
NOT?
 How is It Being Used Most Effectively? (Best
Practices)
 How is It Being Used in Biopharma and by
CROs?
 How Do You Start?
 How Can You Evolve Your Plan and Profile
(Audit)?
 How is Social Media Used to Recruit Patients?
Branding / Marketing and Advertising / Interactive / Investor Communications
“Social”
3
 Participatory, active, inviting
 Incessantly incremental
 Ongoing
Branding / Marketing and Advertising / Interactive / Investor Communications
“Media”
4
 Cross-digital (desktop, tablet, mobile) platforms
that empower and enable social media to occur.
 Participants drawn together by:
 Interest
 Information
 Industry
 Different platforms satisfying different needs at
different times.
Branding / Marketing and Advertising / Interactive / Investor Communications
Different platform. Different needs.
5
Branding / Marketing and Advertising / Interactive / Investor Communications
“Traditional” Social Media
6
Founded: 2004 Founded: 2006 Founded: 2003
Founded: 2004 Founded:
2004
Branding / Marketing and Advertising / Interactive / Investor Communications
“Visual” Wave of Social Media
7
Founded: 2010 Founded: 2010 Founded: 2011
Founded: 2009 Founded:
2013
Branding / Marketing and Advertising / Interactive / Investor Communications
Emerging Social Media: “New Blood”
8
Founded: 2012 Founded: 2012 Founded: 2012
Founded: 2011
Founded: 2013
Founded: 2012
Branding / Marketing and Advertising / Interactive / Investor Communications
Beyond the Platforms, What are the Top
Tactics?9
 Blogs
 Microblogging (e.g., Twitter)
 “Social” PR (court bloggers, prolific posters)
 Blog/Posts Commenting
 Online Video (e.g. YouTube, Vine, Instagram)
 Photo Sharing (e.g. Flickr, Fotki)
 Podcasting
 Presentation Sharing (e.g. SlideShare)
Branding / Marketing and Advertising / Interactive / Investor Communications
Social Media Platform Tools (no 24/7
worries)10
Branding / Marketing and Advertising / Interactive / Investor Communications
Why Social Media Matters
11
Branding / Marketing and Advertising / Interactive / Investor Communications
Why Social Media Matters?
12
Branding / Marketing and Advertising / Interactive / Investor Communications
How is Social Media Changing and
Evolving?13
 Platforms are continuing to “borrow” from each other’s
best ideas and practices; e.g. Facebook posts using
hashtags; Twitter profiles transitioning to Facebook-like
design.
Branding / Marketing and Advertising / Interactive / Investor Communications
How is Social Media Changing and
Evolving?14
 Social media is becoming increasingly visual-based (as
opposed to just text, i.e. Posts, Tweets, etc.)
Branding / Marketing and Advertising / Interactive / Investor Communications
How is Social Media Changing and
Evolving?15
 Mobile is becoming the first screen – and increasingly the
first choice for social media usage. Closer look at
Facebook . . .
Branding / Marketing and Advertising / Interactive / Investor Communications
Social Media Best Practices
16
 Have a plan and work it.
 Pick your networks (selectively). More is not necessarily
better.
 Remain true to your company, your brand and yourself.
 Provide good, shareable content. Give value.
 Update regularly and consistently.
 Seek the positive, but learn from the negative.
 Invite interaction and feedback. (“Like,” “Follow”,
“Share.”)
Branding / Marketing and Advertising / Interactive / Investor Communications
SM Best Practices at Work: Starbucks
17
Branding / Marketing and Advertising / Interactive / Investor Communications
SM Best Practices at Work: IBM
18
Branding / Marketing and Advertising / Interactive / Investor Communications
SM Best Practices at Work: Zappos
“Tweetwall”19
Branding / Marketing and Advertising / Interactive / Investor Communications
SM Best Practices at Work: Ford/Scott
Monty20
Branding / Marketing and Advertising / Interactive / Investor Communications
When Social Media Goes WRONG!
21
Branding / Marketing and Advertising / Interactive / Investor Communications
When Social Media Goes WRONG!
22
Branding / Marketing and Advertising / Interactive / Investor Communications
When Social Media Goes WRONG!
23
Branding / Marketing and Advertising / Interactive / Investor Communications
How is SM Being Used by Biopharma and .
. .24
Branding / Marketing and Advertising / Interactive / Investor Communications
. . . CROs in Our Backyard
25
Branding / Marketing and Advertising / Interactive / Investor Communications
How Do You Start?
26
 Determine your SM “pitch” (<140 characters).
 Decide on objective of the program.
 Awareness? Audience builder? Expertise
positioning?
 Come to terms on how you’re perceived.
 Unknown? Not valued? Or loyal advocates?
 Recognize how your audience uses social
media.
 Get breaking news? Get educated? Share data?
Branding / Marketing and Advertising / Interactive / Investor Communications
How Do You Start?
27
 Reach consensus on how your SM program
defines you.
 Determine how to be genuinely “social” =
human.
 Agree on metrics and measurements that matter
Branding / Marketing and Advertising / Interactive / Investor Communications
How to Evolve the Plan as the Company
Grows28
 Augment the “traditionals” (LI, TW, FB, YT) with
other networks that will amplify your reach.
 Get serious about Google+: Google Hangouts,
SEO
 Actively monitor, measure, modify.
 Move from casual chat to scheduled
engagement.
 Find the SM gap your company can fill.
 Establish, support and proliferate your expertise.
 Thought leadership blogs. Address
trends/developments.
Branding / Marketing and Advertising / Interactive / Investor Communications
The “Underappreciated” Network
29
 Google+ provides an ideal venue for sharing
your company profile in a readily searchable
manner.
 Pushing nearly 400 million MAUs, Google+ is
vaulting Twitter to become the second most
used network.
 Google+ “Hangouts” is a video chat tools
enabling simple, easy Q&A’s, launches, virtual
conferences, webinars, etc. Allows up to nine
private chats at once.
 Since it is a primary Google product, it directly
Branding / Marketing and Advertising / Interactive / Investor Communications
Hangouts
30
Branding / Marketing and Advertising / Interactive / Investor Communications
The Business Case for Blogging
31
 434% increase in “indexed” search pages for
businesses with a blog = businesses with a blog
are found on 4X the number of search pages.
 Average % cost per lead of various marketing
strategies: Tradeshows: 47%, Direct Mail: 27%,
Telemarketing: 21%, SEO: 13%, Blogging: 9%.
 Average % lead acquisition by companies
through internet marketing channels are: 57%
Blog, 57% LinkedIn, 48% Facebook, 42%
Twitter (HubSpot).
 Blogs: #1 most trusted social media source.
Branding / Marketing and Advertising / Interactive / Investor Communications
The Business Case for Blogging
32
Branding / Marketing and Advertising / Interactive / Investor Communications
What is the Ultimate ROI of a SM Program?
33
 Customer retention. Strengthen relationships.
 Incremental increase in exposure = warm
leads.
 Unfiltered access to customers and prospects.
 Detect problems before they become
widespread.
 Positions you to be first to hear good news and
bad.
 Transforms business to be omnipresent and
ubiquitous.
 Enables you to create ambassadors, influencers
Branding / Marketing and Advertising / Interactive / Investor Communications
Measuring Social Media Engagement
34
 DIRECT: Tweets, Retweets, Favorites, Follows,
Shares, Reshares, Comments, Likes
 INDIRECT: Purchase of services based upon a
SM referral OR taking action based upon a
referral
Branding / Marketing and Advertising / Interactive / Investor Communications
Social Media Analytics (Example: Twitter)
35
Branding / Marketing and Advertising / Interactive / Investor Communications
How to Audit Your Current SM Profile?
36
 Locate all your SM profiles; determine
inconsistencies.
 Universally update – job duties, certificates, new
skills.
 Examine profiles of competitors, influencers,
etc.
 Re-assess SM goals:
 Followers/fan growth?
 Referral traffic?
 Hard and soft leads?
 Content & “look & feel” audit. Introducing new
Branding / Marketing and Advertising / Interactive / Investor Communications
How is Social Media Used to Recruit
Patients?37
 Currently used in only 11% of trials (Tufts)
 Pressing concerns remain on:
 Violating patient privacy and confidentiality.
 Jeopardizing research integrity.
 Influencing patient’s “receptivity to participation.”
 More passive approach generally used; i.e.
placing banner ads on SM sites; limited direct
contact.
 Current trend is garnering input from
interested/informed SM communities on
planning, protocol.
Branding / Marketing and Advertising / Interactive / Investor Communications
SM and Patient Recruitment: Mayo Clinic
38
 In 2011, the Mayo Clinic used SM to recruit
patients for a spontaneous coronary artery
dissection (SCAD) study.
 Mayo successfully recruited all 12 subjects for
the (SCAD) study within one week.
Branding / Marketing and Advertising / Interactive / Investor Communications
Factors Contributing to Mayo’s SCAD
Success39
1) Research focused on rare disease; motivated
patients seeking answers and support.
2) Concentrated, organized patient population.
3) Patient ownership of process.
4) Favorable demographics: SCADS inflicts
women 2-1; skews pre-menopausal women.
 Younger women among top users of online info
5) Mayo’s brand awareness and reputation.
Established SM infrastructure and adeptness.
6) Lack of geographic restraints.
Branding / Marketing and Advertising / Interactive / Investor Communications
Lessons Learned: Using SM to Recruit
40
1) Not a replacement for current recruitment tools,
but as a means to augment them.
2) Look for incremental ways to introduce into
aspects of trials; e.g., feasibility, protocol design.
3) Chances for success increase dramatically
when recruiting for rare diseases w/ motivated
patients.
4) Greatest likelihood is to reach patients part of
disease-centric online community/advocacy
groups.
5) Place banner and PPC ads on sites.
Branding / Marketing and Advertising / Interactive / Investor Communications
Lessons Learned: Using SM to Recruit
41
Branding / Marketing and Advertising / Interactive / Investor Communications
How to use SM for Social Media Press
Releases42
 Be sure contact info includes your SM links.
 Use links in every paragraph: SM = brief
 Leverage interactive: Instagram, Pinterest,
SlideShare
 Headline needs to be engaging, action-oriented.
 Accommodate bloggers as much as traditional
Branding / Marketing and Advertising / Interactive / Investor Communications
The 140-Character Release for Twitter
43
Branding / Marketing and Advertising / Interactive / Investor Communications
The 90 Character + Image Release for
Facebook44
Branding / Marketing and Advertising / Interactive / Investor Communications
Image Release for Pinterest & Instagram
45
Branding / Marketing and Advertising / Interactive / Investor Communications
7-15 Second Video Release for Vine
46
Branding / Marketing and Advertising / Interactive / Investor Communications
Social Media: The Future
47
1) Catering more to niche audiences.
2) Embracing mobile.
3) Intuitive, inviting design.
4) Solution based, not novelty.
5) Ensuring privacy.
6) Multi-layered, multi-media, multi-dimensional.
Branding / Marketing and Advertising / Interactive / Investor Communications
48
Thank you!
Mentus Interactive
Facebook: MentusInteractive
Twitter: @MentusInc
LinkedIn: mentus

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"Time to Get Social" BIOCOM CRO Workshop

  • 1. Branding / Marketing and Advertising / Interactive / Investor Communications 1 BIOCOM CRO “Time to Get Social” May 28, 2014 #GetSocial #BIOCOMCRO
  • 2. Branding / Marketing and Advertising / Interactive / Investor Communications AGENDA 2  What is Social Media? What is Social Media NOT?  How is It Being Used Most Effectively? (Best Practices)  How is It Being Used in Biopharma and by CROs?  How Do You Start?  How Can You Evolve Your Plan and Profile (Audit)?  How is Social Media Used to Recruit Patients?
  • 3. Branding / Marketing and Advertising / Interactive / Investor Communications “Social” 3  Participatory, active, inviting  Incessantly incremental  Ongoing
  • 4. Branding / Marketing and Advertising / Interactive / Investor Communications “Media” 4  Cross-digital (desktop, tablet, mobile) platforms that empower and enable social media to occur.  Participants drawn together by:  Interest  Information  Industry  Different platforms satisfying different needs at different times.
  • 5. Branding / Marketing and Advertising / Interactive / Investor Communications Different platform. Different needs. 5
  • 6. Branding / Marketing and Advertising / Interactive / Investor Communications “Traditional” Social Media 6 Founded: 2004 Founded: 2006 Founded: 2003 Founded: 2004 Founded: 2004
  • 7. Branding / Marketing and Advertising / Interactive / Investor Communications “Visual” Wave of Social Media 7 Founded: 2010 Founded: 2010 Founded: 2011 Founded: 2009 Founded: 2013
  • 8. Branding / Marketing and Advertising / Interactive / Investor Communications Emerging Social Media: “New Blood” 8 Founded: 2012 Founded: 2012 Founded: 2012 Founded: 2011 Founded: 2013 Founded: 2012
  • 9. Branding / Marketing and Advertising / Interactive / Investor Communications Beyond the Platforms, What are the Top Tactics?9  Blogs  Microblogging (e.g., Twitter)  “Social” PR (court bloggers, prolific posters)  Blog/Posts Commenting  Online Video (e.g. YouTube, Vine, Instagram)  Photo Sharing (e.g. Flickr, Fotki)  Podcasting  Presentation Sharing (e.g. SlideShare)
  • 10. Branding / Marketing and Advertising / Interactive / Investor Communications Social Media Platform Tools (no 24/7 worries)10
  • 11. Branding / Marketing and Advertising / Interactive / Investor Communications Why Social Media Matters 11
  • 12. Branding / Marketing and Advertising / Interactive / Investor Communications Why Social Media Matters? 12
  • 13. Branding / Marketing and Advertising / Interactive / Investor Communications How is Social Media Changing and Evolving?13  Platforms are continuing to “borrow” from each other’s best ideas and practices; e.g. Facebook posts using hashtags; Twitter profiles transitioning to Facebook-like design.
  • 14. Branding / Marketing and Advertising / Interactive / Investor Communications How is Social Media Changing and Evolving?14  Social media is becoming increasingly visual-based (as opposed to just text, i.e. Posts, Tweets, etc.)
  • 15. Branding / Marketing and Advertising / Interactive / Investor Communications How is Social Media Changing and Evolving?15  Mobile is becoming the first screen – and increasingly the first choice for social media usage. Closer look at Facebook . . .
  • 16. Branding / Marketing and Advertising / Interactive / Investor Communications Social Media Best Practices 16  Have a plan and work it.  Pick your networks (selectively). More is not necessarily better.  Remain true to your company, your brand and yourself.  Provide good, shareable content. Give value.  Update regularly and consistently.  Seek the positive, but learn from the negative.  Invite interaction and feedback. (“Like,” “Follow”, “Share.”)
  • 17. Branding / Marketing and Advertising / Interactive / Investor Communications SM Best Practices at Work: Starbucks 17
  • 18. Branding / Marketing and Advertising / Interactive / Investor Communications SM Best Practices at Work: IBM 18
  • 19. Branding / Marketing and Advertising / Interactive / Investor Communications SM Best Practices at Work: Zappos “Tweetwall”19
  • 20. Branding / Marketing and Advertising / Interactive / Investor Communications SM Best Practices at Work: Ford/Scott Monty20
  • 21. Branding / Marketing and Advertising / Interactive / Investor Communications When Social Media Goes WRONG! 21
  • 22. Branding / Marketing and Advertising / Interactive / Investor Communications When Social Media Goes WRONG! 22
  • 23. Branding / Marketing and Advertising / Interactive / Investor Communications When Social Media Goes WRONG! 23
  • 24. Branding / Marketing and Advertising / Interactive / Investor Communications How is SM Being Used by Biopharma and . . .24
  • 25. Branding / Marketing and Advertising / Interactive / Investor Communications . . . CROs in Our Backyard 25
  • 26. Branding / Marketing and Advertising / Interactive / Investor Communications How Do You Start? 26  Determine your SM “pitch” (<140 characters).  Decide on objective of the program.  Awareness? Audience builder? Expertise positioning?  Come to terms on how you’re perceived.  Unknown? Not valued? Or loyal advocates?  Recognize how your audience uses social media.  Get breaking news? Get educated? Share data?
  • 27. Branding / Marketing and Advertising / Interactive / Investor Communications How Do You Start? 27  Reach consensus on how your SM program defines you.  Determine how to be genuinely “social” = human.  Agree on metrics and measurements that matter
  • 28. Branding / Marketing and Advertising / Interactive / Investor Communications How to Evolve the Plan as the Company Grows28  Augment the “traditionals” (LI, TW, FB, YT) with other networks that will amplify your reach.  Get serious about Google+: Google Hangouts, SEO  Actively monitor, measure, modify.  Move from casual chat to scheduled engagement.  Find the SM gap your company can fill.  Establish, support and proliferate your expertise.  Thought leadership blogs. Address trends/developments.
  • 29. Branding / Marketing and Advertising / Interactive / Investor Communications The “Underappreciated” Network 29  Google+ provides an ideal venue for sharing your company profile in a readily searchable manner.  Pushing nearly 400 million MAUs, Google+ is vaulting Twitter to become the second most used network.  Google+ “Hangouts” is a video chat tools enabling simple, easy Q&A’s, launches, virtual conferences, webinars, etc. Allows up to nine private chats at once.  Since it is a primary Google product, it directly
  • 30. Branding / Marketing and Advertising / Interactive / Investor Communications Hangouts 30
  • 31. Branding / Marketing and Advertising / Interactive / Investor Communications The Business Case for Blogging 31  434% increase in “indexed” search pages for businesses with a blog = businesses with a blog are found on 4X the number of search pages.  Average % cost per lead of various marketing strategies: Tradeshows: 47%, Direct Mail: 27%, Telemarketing: 21%, SEO: 13%, Blogging: 9%.  Average % lead acquisition by companies through internet marketing channels are: 57% Blog, 57% LinkedIn, 48% Facebook, 42% Twitter (HubSpot).  Blogs: #1 most trusted social media source.
  • 32. Branding / Marketing and Advertising / Interactive / Investor Communications The Business Case for Blogging 32
  • 33. Branding / Marketing and Advertising / Interactive / Investor Communications What is the Ultimate ROI of a SM Program? 33  Customer retention. Strengthen relationships.  Incremental increase in exposure = warm leads.  Unfiltered access to customers and prospects.  Detect problems before they become widespread.  Positions you to be first to hear good news and bad.  Transforms business to be omnipresent and ubiquitous.  Enables you to create ambassadors, influencers
  • 34. Branding / Marketing and Advertising / Interactive / Investor Communications Measuring Social Media Engagement 34  DIRECT: Tweets, Retweets, Favorites, Follows, Shares, Reshares, Comments, Likes  INDIRECT: Purchase of services based upon a SM referral OR taking action based upon a referral
  • 35. Branding / Marketing and Advertising / Interactive / Investor Communications Social Media Analytics (Example: Twitter) 35
  • 36. Branding / Marketing and Advertising / Interactive / Investor Communications How to Audit Your Current SM Profile? 36  Locate all your SM profiles; determine inconsistencies.  Universally update – job duties, certificates, new skills.  Examine profiles of competitors, influencers, etc.  Re-assess SM goals:  Followers/fan growth?  Referral traffic?  Hard and soft leads?  Content & “look & feel” audit. Introducing new
  • 37. Branding / Marketing and Advertising / Interactive / Investor Communications How is Social Media Used to Recruit Patients?37  Currently used in only 11% of trials (Tufts)  Pressing concerns remain on:  Violating patient privacy and confidentiality.  Jeopardizing research integrity.  Influencing patient’s “receptivity to participation.”  More passive approach generally used; i.e. placing banner ads on SM sites; limited direct contact.  Current trend is garnering input from interested/informed SM communities on planning, protocol.
  • 38. Branding / Marketing and Advertising / Interactive / Investor Communications SM and Patient Recruitment: Mayo Clinic 38  In 2011, the Mayo Clinic used SM to recruit patients for a spontaneous coronary artery dissection (SCAD) study.  Mayo successfully recruited all 12 subjects for the (SCAD) study within one week.
  • 39. Branding / Marketing and Advertising / Interactive / Investor Communications Factors Contributing to Mayo’s SCAD Success39 1) Research focused on rare disease; motivated patients seeking answers and support. 2) Concentrated, organized patient population. 3) Patient ownership of process. 4) Favorable demographics: SCADS inflicts women 2-1; skews pre-menopausal women.  Younger women among top users of online info 5) Mayo’s brand awareness and reputation. Established SM infrastructure and adeptness. 6) Lack of geographic restraints.
  • 40. Branding / Marketing and Advertising / Interactive / Investor Communications Lessons Learned: Using SM to Recruit 40 1) Not a replacement for current recruitment tools, but as a means to augment them. 2) Look for incremental ways to introduce into aspects of trials; e.g., feasibility, protocol design. 3) Chances for success increase dramatically when recruiting for rare diseases w/ motivated patients. 4) Greatest likelihood is to reach patients part of disease-centric online community/advocacy groups. 5) Place banner and PPC ads on sites.
  • 41. Branding / Marketing and Advertising / Interactive / Investor Communications Lessons Learned: Using SM to Recruit 41
  • 42. Branding / Marketing and Advertising / Interactive / Investor Communications How to use SM for Social Media Press Releases42  Be sure contact info includes your SM links.  Use links in every paragraph: SM = brief  Leverage interactive: Instagram, Pinterest, SlideShare  Headline needs to be engaging, action-oriented.  Accommodate bloggers as much as traditional
  • 43. Branding / Marketing and Advertising / Interactive / Investor Communications The 140-Character Release for Twitter 43
  • 44. Branding / Marketing and Advertising / Interactive / Investor Communications The 90 Character + Image Release for Facebook44
  • 45. Branding / Marketing and Advertising / Interactive / Investor Communications Image Release for Pinterest & Instagram 45
  • 46. Branding / Marketing and Advertising / Interactive / Investor Communications 7-15 Second Video Release for Vine 46
  • 47. Branding / Marketing and Advertising / Interactive / Investor Communications Social Media: The Future 47 1) Catering more to niche audiences. 2) Embracing mobile. 3) Intuitive, inviting design. 4) Solution based, not novelty. 5) Ensuring privacy. 6) Multi-layered, multi-media, multi-dimensional.
  • 48. Branding / Marketing and Advertising / Interactive / Investor Communications 48 Thank you! Mentus Interactive Facebook: MentusInteractive Twitter: @MentusInc LinkedIn: mentus