Tuesday, June 1, 2010

Social Media Marketing and Pharma

Business Practices on the web

Pharmaceutical industry has now taken social media as one the major areas for its product promotion. Veeda CR occupies a niche position as it one of the one Indian CRO companies promoting its services on the Social media via business blogging.

A few inferences on the above facts:
* Majority of the Big Pharma companies already have more mature Social Media strategies. Overall Social Media will play a bigger role in companies' marketing strategies during the coming years.
* Twitter is more important for proactive Social Media companies. Google is equally used at profiled companies.
* Twitter, LinkedIn and Face book mean the greatest benefit for corporations actively engaged in Social Media efforts.
* A few Companies report Social Media has the greatest impact on product branding and building the corporate image, followed by customer communication and education.

This blog is co-posted with the Veeda Clinical Research Blog.






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