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A scientific approach to irrational consumer choices

World of DTC Marketing

GOOD MORNING: The FDA is taking a scientific approach to evaluating direct-to-consumer (DTC) drug advertising, focusing on measuring consumer perceptions of the information presented in ads. Subsequent research has indicated that people go online to learn more about an advertised drug. Is this true for all advertised drugs?

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The fairytale of DTC TV ads

World of DTC Marketing

Using the same ads to advertise prescription drugs repeatedly is a waste of money and doesn’t lead to sales. And that was before the pandemic had us cooped up in our homes watching ad-supported content all day long. advertising frequency as “excessive.” viewers still see linear T.V. Running T.V.

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DTC forecasts are not really that reliable

World of DTC Marketing

SUMMARY: According to eMarketer, “in 2020, spending on digital advertising in the healthcare and pharma industry will grow by 14.2% A so-called “analyst” who is just a writer, their estimates are done using an excel spreadsheet. Studies need to be conducted on how this misinformation is being used. to reach $9.53

Doctors 227
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Pharma throwing money away on digital ads

World of DTC Marketing

SUMMARY: Digital ad spend in pharmaceutical brands is up 111% so far in 2020 and 80% of that money is being thrown away by fraud and the popularity of programmatic advertising. While popular, digital advertising wasn’t an immediate hit in the pharmaceuticals arena due to the strict regulations. A Waste of money? It gets better.

Pharma 187
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Pharma spent $3.9B on TV ads in 2021

World of DTC Marketing

(Endpoints) Pharma TV advertising boomed in 2021 – to the tune of $3.91 And its continued growth of national TV ad spending while the rest of the industry is on the decline in the US. And its continued growth of national TV ad spending while the rest of the industry is on the decline in the US. That’s an increase of 4.8%

Pharma 217
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No One Likes Healthcare Adversting, But They Could.

PM360

Healthcare advertising rarely demonstrates that it knows how to reward customers for their time, or shows what a smart creative idea can do. Storytelling is the most motivating sales technology known to advertising. So these are the basics for creating healthcare advertising that everyone could love. We need a better approach.

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Effective Pharma Ad Types & Stats

Pharma Marketing Network

Pharmaceutical advertising is a crucial aspect of promoting and marketing drugs to the public. With the increase in competition, it has become essential for pharmaceutical companies to find the most effective methods of advertisement to reach their target audience. billion in the US alone. billion in the US alone.

Pharma 52