All posts tagged social listening

A Nail-Biter in Iowa

Here we are in a new year and kicking it off with the first electoral event: the Iowa Caucus.

As of 10 PM (PT), the Republican Party’s roller coaster campaign and last night’s race in Iowa stood at a virtual tie between Rick Santorum and Mitt Romney. Ron Paul came in at a respectable third place. It appears to have been the time for a new front runner-and the beginning of the end for some candidates. It was also a true test for Mitt Romney, who, for more than a year, and during his 2008 caucus performance, pulled around 25% of the votes and stayed flat all year round. In August, it was Michele Bachmann who won the Ames Straw Poll, but then later that month and into September, Rick Perry led the field by 38%. By October, it was Herman Cain, but by late November, it was Newt Gingrich. Finally, leading up to last night’s caucus, Iowans rewarded Rick Santorum for spending months going from small town to small town. Read more…

Listen up!  As we mentioned in our previous post, there are great opportunities for pharma companies to accelerate innovation and build community through social media. One of the most beneficial tactics of implementing a social media program is listening. May sound simple, but listening provides invaluable insight into your online audience and target market.

As we recently saw with the widespread BlackBerry outage, ignoring your online audience will force a loss in market share—just ask RIM. When you listen to conversations happening online you will find that people are not typically speaking about adverse events, but rather they are seeking support and sharing information on lifestyle, experiences and tips.

Fear not: Industry research has shown that adverse event reporting is a small percentage of all social conversation on pharma topics. Knowing this, it is critical for pharma companies to make a concerted effort to listen because the majority of the conversations can be a very powerful third-party endorsement. Read more…

Too often we hear from pharmaceutical companies that they see the benefits of social media, but they are resistant to adopting it because of an underlying fear about the legal risks, which are typically associated with Adverse Event Reporting (AER). In a heavily regulated industry and with millions of conversations happening online – from blogs and forums to Twitter and Facebook – it’s a logical fear for pharma companies to assume they are opening themselves up to problems.

But let’s look a little closer. As pharma companies know, there are four very specific criteria that must be met in order to constitute filing a report with the FDA. If a report does not contain all four elements, it will be returned as insufficient.The FDA’s four parameters for submitting information about adverse experiences are: Read more…

I’m here to tell you that corporate social media listening – if not handled correctly – can be detrimental to your brand; an unusual claim considering the company that signs my paychecks. But it’s true.

Corporate and brand social media (insert your favorite term here – tracking, monitoring, listening, intelligence) has exploded over the past three years, driven mainly by the popularity of powerful social networks we don’t need to name anymore.  Social listening pretty much got its start in most companies when one business group, or in some cases, one individual decided it was time to move beyond Goggle News Reader and implement a more robust software tracking platform on behalf of the company.

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When I first started as an Account Manager at Visible two years ago most of the social listening projects I worked on were with small groups from Interactive teams, Market Research or Corporate Communications from within large and often exceptionally diverse global corporations. As the “social media” folks within their organization they often found themselves on the cutting edge but also somewhat isolated from everyone else because social was something different and not necessarily something for everyone within the company.   What we found though is that as you listen to conversations across social media channels and pay attention to how people feel about your company and how your products or services are resonating with your target market you can find yourself saying “oh this is totally something that other people in our company should know.”

These are opportunities for utilizing Social Intelligence across business groups.  Enterprise-adoption of social intelligence has grown exponentially as we learn to move from listening by specialized groups within an organization to normalizing social across the company moving it from cutting edge to “something we just do”.

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Corporate social media listening is starting to exhibit the characteristics that will eventually lead to enterprise Social Intelligence. That’s just one of the many interesting new insights contained in the latest Forrester Research Report: Trends 2010: Listening Platforms.

Unlike its earlier WaveTM Report that focused on the top vendors in the industry, this report in many ways is even more valuable for brands. The findings are based on a survey of more than 150 listening platform customers around the world. I can’t give away all the good nuggets since this is a subscription-charged report from social listening expert analyst Zach Hofer-Shall, but here are a few items worth noting.

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