Sapphire Brand BuildersMarket Research Consultant in North Wales, Pennsylvania
Gen Z consumers (born 1995-2005) are coming of age. Early research indicates that Gen Z may be the most challenging generation for marketers to connect with. They worry about their privacy on social media and tend to be resentful of targeted ads using their demographic data.
"One thing that was clear was that marketers must break with traditional norms of segmenting and crafting their strategies around these young consumers." Reaching requires either "behavioral or needs-base...d segmentation" as opposed to traditional demographic-based segmentation.
Why does all of this matter? 'Teens and young adults today control $44 billion in direct purchasing power, Spivey said, citing research that suggested 75% of Gen Zers report being either "very strong" or "strong" influencers over family decisions. This makes them democratic decision-makers as opposed to more traditional passive units of the family."
What will your business need to do or change to target the Gen Z demographic? http://ow.ly/R8P530fQ0pO
Twitter has become a hub of the antivaccine movement. Despite the debunked link between autism and vaccines, affluent new Moms continue to spread the debunked theory. Is there a way for pharma and healthcare providers to use the platform to combat this? http://ow.ly/1IV030fOdJP
Brands are behaving differently than marketers expect. The advent of social media and an overly crowded marketplace harking for “instant karma” products and services has caused the brands message to get lost in woods.
Advice from the elderly or more mature adults is an important emotional need for today’s youth – giver and receiver of knowledge. Seniors who don't spend time with the younger family members miss out on an important sense of purpose and legacy.
Learning how to grow old starts earlier than you think. Young people who spend less time with older adults are more likely to have negative perceptions about seniors and getting older. There is a critical point when this can lead to emotional distress and depression. Young people need a positive game plan for aging.
If you live in the Philadelphia area, the PennSuburban Chamber of Greater Montgomery County is sponsoring a viewing of "Screen Agers: Growing Up In The Digital Age," a movie about raising children in the digital age on November 2. The viewing is free and followed by a panel discussion. Space is limited; preregistration is strongly encouraged.
Pre-Registration Link: http://www.pennsuburban.org/events/details/screenagers-2612
Virtual Reality is a technology where we've barely scratched the surface on it's value. Not only can VR take us to places we've never been to before, it can also help us feel things we've never experienced. Pharma has started to explore this technology as an empathy builder for patients with chronic diseases. It can show a doctor what it feels like to be a patient with MS or schizophrenia or even PTSD. While promising, it still has limitations. For example, it can't yet translate the experience of crippling pain that someone with chronic arthritis or a migraine might experience. But, the technology is in the early days. Who knows what it's future might hold. What do you think? What kind of promise do you see for this technology? http://ow.ly/TgbF30eVJgO
Wearable technology is expanding the reach of the digital health revolution. Takeda’s innovative use of an apple watch program to study cognition in patients with major depressive disorder (MDD) is just one example of how pharma is harnessing digital to find new treatments for patients. http://mhealthspot.com/…/takeda-cognition-kit-study-wearab…/
Tech solutions have long been presented as the missing piece to patient adherence puzzle. But, are they really the magic bullets that everyone expects them to be? Most tech solutions begin from the premise that patients don’t take their meds because they simply forget them. However, this ignores the often complex psychologic reasons that cause people not to take their medications:
• Negative views of medication
• Side effects worries
• Not wanting “chemicals” in their bod...ies
• Not liking to be reminded that they are sick
• Disliking the feeling that they are losing control over their lives
Can tech really overcome the psychological factors that that prevent patients from taking their meds? Or is tech merely a placebo gadget that allows companies to say they are “doing something” about non-adherence? What do you think?
While some of the most forward thinking pharma companies are embracing digital health innovations, others are lagging behind and missing out on opportunity to improve care for patients, providers and payers. Pharma can catch up by partnering with digital health startups. These partnerships can provide them with benefits in four key areas:
• Improved outcomes
• Building connections with patients
• Providing new business opportunities...
• Strengthening branding