As marketing budgets become tighter, it’s imperative that healthcare marketers are using all the data available to them to make informed, strategic decisions. But getting access to and interpreting all that data isn’t always easy. And even if you do have it, how do you make sense of it?
In this webinar, we’ll take a deep dive into our 2023 Healthcare Marketing Trend: Using Data to Fuel Growth. We’ll discuss growth marketing lessons learned from other industries and how to apply these tactics to our own. This webinar will give you a starting place to both launch new initiatives, and improve the campaigns you’re already running.
4. “Half the money I spend on
advertising is wasted; the trouble
is I don’t know which half”
- John Wanamaker
5. When the Smith & Jones team wrote our Healthcare
Marketing book, Under the Influence, back in 2018, we
reported corporations were only tapping into about 5
percent of their data.
In 2021, Wanamaker’s words still ring true as businesses
struggle to organize and understand the abundance of
data available to them. Now, with a pandemic and even
tighter budgets, it’s time for healthcare organizations to
be able to prove what’s working and what’s not once and
for all.
It’s time to work like a Growth Marketer.
6. Agenda
What steps can healthcare systems and hospitals take to
better use and understand their data? In this webinar you’ll
learn:
• Marketing ≠ Advertising
• What is “growth marketing”
• Why hospitals need to think like lead-gen sales
organizations
• The metrics that matter - top, middle, and bottom-funnel
• Best practices for driving growth in each journey stage
• Tools to create dashboards that trustees will read and
actually understand
8. Let’s get on the same page
• Marketing is a broad term that
encompasses all the activities a
company does to promote and sell
its products or services.
• Advertising is a specific tactic within
the larger marketing strategy.
9. Let’s get on the same page
• Marketing focuses on building
relationships with customers and
making sure they know what products
or services your business provides.
• Advertising focuses on getting specific
messages out to your target audience in
order to generate sales.
10. Growth Marketing
Growth marketing is a strategy focused on long-term, sustainable
growth. It combines traditional marketing tactics with data-driven
approaches to drive meaningful results.
The benefits of growth marketing for hospitals and health systems
include increased website visibility, improved website
performance, and increased customer engagement. Additionally,
it can help increase website traffic, leads, and conversions
11. Growth Marketing - Example
Content Marketing
Content marketing is a growth
marketing tactic used to attract and
engage customers by providing
useful, relevant, and valuable
content. For hospitals and health
systems, this could include creating
informative blog posts, eBooks,
whitepapers, and videos about
various health topics.
12. Growth Marketing - Example
Search Engine Optimization
Search engine optimization (SEO) is
another growth marketing tactic
used to improve a website’s visibility
in search engine results. For
hospitals and health systems, this
could include optimizing website
content for relevant keywords,
improving page load times, and
improving website usability.
13. Growth Marketing - Example
Conversion Rate Optimization
Conversion rate optimization (CRO)
is a growth marketing tactic used to
improve the performance of a
website or landing page. For
hospitals and health systems, this
could include testing different page
layouts, testing different call-to-
action buttons, and optimizing form
fields.
15. Key Challenges
• Increased accountability for return on marketing spend (ROMS, not ROI)
• ”Growth Marketing” brings marketing and IT together
• In the boardroom
• On org charts
• And in the entire digital continuum from ads to enterprise software
• Automated measurement capabilities
• Tools and talent in place?
• Market segmentation for one-to-one patient-centric marketing
16. • Integration of CRM and marketing/communications
funnel
• One-to-one marketing using the health engagement cycle
• Track touch points that lead to new patients
• Return on marketing spend (ROMS), in real time.
• Net revenue per patient is the ultimate goal. Elusive, for
most of us.
A little deeper than 101 level course
23. How it Works
• Growth Marketing Strategy relies on the CRM
• CRM insights help us see buying signals, understand
behavior, and optimize campaign efforts
31. Program Objectives: Bariatrics
Identify/engage prospective patients, then assist them through
and shorten the decision- making cycle for considering bariatric surgery.
Advertising
CTA: Information Sessions/Call
Lead generation, capture to CRM, Automation, Retargeting
Educational sessions
Scheduled consultations
Weight loss program
32. Program Objectives: Bariatrics
Facilitate pre and post-surgical education to drive behavior change.
Completion of patient program
Completion of weight loss program
Email open rates, drip email campaigns
Completion of calls to action
33. Program Objectives: Bariatrics
Lead patients to better health outcomes by keeping them “on track” and
engaging them much like a retailer would.
Keeping weight off KPIs
36. Interactive patient education
and online patient assessment
Mobile enabled experience
from the beginning
Online chat for those with
hesitations
Direct connect for scheduling
appointments
Pre-surgical Engagement
39. Streamline Reporting
• Patients per service line
• Profiles
• Cross-marketing of services
• Patient comm preferences
• Touch points of patients throughout system
• New patients vs. recurring patients
• Procedure targeting
• Claims ($) per patient/procedure, by physician
43. What This Means to You
• Growth Marketing relies on Strategy and Data (CRMs).
• CRM-Integrated Marketing systems of today are a
user- friendly business intelligence system
• Provides data to move the dial on your organization’s
business goals
• Segments your service lines and markets to allow for one-
to- one patient-centric marketing
• Automates measurements
• Ties your marketing tactics to downstream revenue
44. Final Considerations
• Organizational goals
• Service line growth strategies and objectives
• Infrastructure and processes
• Staff training and expertise
• Integrate departments and technologies
• Who to involve
• Marketing
• IT
• C-suite
• Patient experience teams
• Business development
• Service line VPs or directors
• Communications team