3 Important Steps to Help Write Your Medical Association’s Value Proposition

3 Important Steps to Help Write Your Medical Association’s Value Proposition

According to Deepak Chopra in his bestselling book The Seven Spiritual Laws of Success, “How can I help?” is the only question that truly matters. “It coaxes and expands your awareness out toward the service and care of others.” Many medical associations struggle with articulating an effective value proposition that helps their members expand awareness and services. Establishing this in clear and compelling manner is an essential step if you want to communicate how your organization can provide the keys to your members’ success. There are some important steps you must take before embarking upon creating your medical association’s value proposition. It all begins and ends with research. So where do you start? Here’s a brief 3-step plan. Refine your target audience First and foremost, you need to determine who your “key” target audience is. You can’t be “all things” to “all people.” Many have tried, and failed. But by clearly defining and refining your true core audience, you can be all the right things to the right people. It’d be easy for a medical association to assume that their target audience is “anyone in a certain specialty and/or those who use those particular services.” But having such a wide audience would make it nearly impossible to tailor its strategy to specific types of individuals for specific purposes. The key to success here is knowing who to target, and why. The increased focus and definition will result in a much more effective strategy. Be the go-to organization for the value you provide in the industry you serve When thinking about the opportunity you provide to that core audience, start by asking, “How...
“Conquesting” New Patients in Healthcare Marketing

“Conquesting” New Patients in Healthcare Marketing

You probably already have ads out there targeting specific populations based on demographics to promote awareness of your hospital and attract new patients.  Now, let’s take it to the next level and apply that marketing strategy with location.  What if you could target your competitors’ patients and feed them ads about the benefits of switching to healthcare providers or services at your hospital?  Sounds cool, right? Picture this.  A patient is sitting in the ER waiting room at a nearby hospital, anticipating his turn to be seen.  To pass the time, he plays games on his smartphone, looks at his social media feeds, and browses various websites.  An ad pops up promoting your hospital, specifically the short wait times in the E.R.  The patient doesn’t have to think twice about what he should do.  He packs up and makes the trip across town to your hospital for that faster service. Location-based mobile advertising, called geo-conquesting, allows you to specifically target potential patients who are physically located at your competitor’s location.  On average, smartphone users are on their phones more than 150 times a day – making it an easy way to reach consumers who are interested in the services you offer. With geo-conquesting, you set a virtual perimeter around competitor hospitals, clinics or health centers.  This allows you to target ads to smartphone users who enter within the set perimeter.  Remember, you need to give patients a valid reason to leave your competitor.  Whether you are promoting exercise classes, parenting education courses, webinars or simply wanting to increase volume with new patients, geo-conquesting can help reach people who are...
The Transition of the Chief Marketing Officer to the Chief Growth Officer-It’s the Real Thing

The Transition of the Chief Marketing Officer to the Chief Growth Officer-It’s the Real Thing

Last year brought about many major shifts and conversations in the healthcare industry; from new national health plans to ongoing debates of repeal or reform of the Affordable Care Act. All of these have had an impact on healthcare marketing and most organizations are holding tight on any specific directions until policies are determined. Another trend that healthcare marketers have to watch, based on what has occurred in the land of big brands, is the shift from the Chief Marketing Officer (CMO) to Chief Growth Officer (CGO). Leave it to Coca-Cola, one of the best known and most valuable brands on the globe to lead the way. When its CMO resigned in 2017, Coca-Cola didn’t replace his position, the first time it was without a CMO in a couple of decades. Rather, it hired a CGO and now other big brands have followed suit. This trend will certainly lead to some alterations in hospital marketing departments, too. The rationale for this change at Coke was that it was part of a restructuring to turn the company into a “growth oriented, and consumer-centered   organization.” Wait, what? Coca-Cola replaced its top­ ranked marketing executive with another position that will generate growth and provide a consumer focus. Isn’t that marketing’s job? Shouldn’t a top marketer be doing that? Bottom-line, marketing at Coke and at many global brands, is not seen as a “growth” department; one that adds revenue, new operations, and new customers to the organization. Startling, yes-and here are some supportive statistics: Nearly one-third of CEO’s considered firing their CMO in 2017 according to Forrester Research The average tenure of...
Consumer trends impacting healthcare marketing in 2018 have already happened

Consumer trends impacting healthcare marketing in 2018 have already happened

By now, we have all seen the articles, blog posts, and other content on consumer trends in healthcare marketing for 2018.   From Artificial Intelligence and big data to value, there is no doubt the industry will continue to transform and consumer expectations and behavior will keep pace with the changes.  And, while it’s tough to predict the future, there is a place to look and get an idea as to what will occur down the road; the rearview mirror. According to Amazon Founder, Jeff Bezos, this is often the first place he looks when predicting future trends and changes.  Amazon is one of the most innovative companies on the planet, yet it was (and still is) built on a premise that is very down to earth: focusing on what’s not going to change. Bezos is frequently asked to comment on “what’s going to change in the next ten years?” His answer may surprise you. “While that’s an interesting question, I almost never get the question, what’s not going to change in the next ten years.  And that’s the most important question because you can build a business strategy around the things that are stable in times and will be true ten years from now.  It’s impossible to imagine a future ten years from now where a customer comes up and says, ‘I don’t want great prices, faster delivery, and more selection.’”  So rather than try and predict what will change, he focuses on what will stay the same and makes Amazon’s deliverables even better.  And that’s a model all marketers can follow. So, what’s not going to change in...
The Revival of Direct Mail In Healthcare Marketing

The Revival of Direct Mail In Healthcare Marketing

Direct mail as a healthcare advertising tactic has undoubtedly declined in volume over the past decade. One of the contributing factors, of course, has been the rise and surge of digital and social media platforms, both allowing healthcare brands to effectively and efficiently deliver their message to consumers where they are; on line, on their phones, and always on demand. As a result, marketers are increasingly putting more of their budget into these new channels to the tune of over $70 Billion, nearly tripling its spend in the last eight years. In the mix, you’ll still find big traditional media such as television, radio, and (magazine) print.  These media are proven brand support and many of the elements can be shared with other platforms whether on line videos, banner ads, Pandora radio, etc. – so, all in all a very cost effective balance of new and old. Under the radar, one very traditional promotional tactic is making a bit of a comeback – slowly and surely – direct mail via snail mail is on the move again.  Especially in healthcare marketing.  Why the resurgence in a world that’s fast-paced, on line, and always moving?  There are several reasons: There is still a group of readers out there who like to touch and open. Focus groups in many markets support that direct mail is still a preferred medium to reach people with healthcare messages.  They like the detail, the information, and if it includes some sort of keepsake, such as a magnet or card, even better. Even though seniors are becoming Facebook fanatics, they do like the added information that...
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