This 10-step marketing plan outlines a strategy for The Medical City's Wellness and Aesthetics Center to target the niche market of the elite class. It will leverage TMC's reputation and patient base while providing competitive healthcare packages. The medical aesthetics industry in the Philippines is worth 3.2 billion pesos annually. The plan involves developing health check packages, prioritizing quality, utilizing advertising, and taking a niche approach to succeed against competitors like Belo, St. Luke's and Asian Hospital. As a marketing student, the document recommends expanding target markets through health insurance partnerships and satellite clinics to boost coverage.
2. 1. Health promotion for the ELITE
2. ADOPT a healthier lifestyle
3. Wellness and aesthetics centers OUTSIDE
such as Belo, SLMC, Asian Hospital, etc.
4. The gap is on PERSONALIZED HEALTHCARE
5. The MEDICAL AESTHETICS INDUSTRY is worth
PhP3.2B
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3. 6. Health check PACKAGES
7. QUALITY over quantity
8. Uses TV, print & online ADVERTISING
9. The Medical City – TMC
10. Uses a NICHE approach to succeed
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5. Demographics
Adolescent (Teen Health Hub): 10-19 years old
Adult (Adult Wellness Center): 20-59 years old
Geriatric (Center for Health Aging): 60 and up
Class A/B
Lifestyle
Studying, Working or Retired
Behavior
Usually does annual check-ups
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8. St. Luke’s Medical Center
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9. Asian Hospital and Medical Center
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10. Price vs. Age
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Price /
Age Matrix
10-19
years old
20-59
years old
60 and
older
High Price
Low Price
Teen
Hub Healthy
Aging
Asian
Hospital
Belo
Wellness
SLMC
11. The Philippine Medical Tourism Program has
four domains:
Full hospital care and treatment;
Specialty clinics (e.g., eye, dental, and cosmetic
services);
Wellness and spa centers; and
Retirement and long-term care for the elderly.
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12. 2009 Annual Sales = PhP 1.3 B
TMC Aesthetics Center: 5% = PhP 65 M
Estimated Aesthetics Surgery Market
Share: 2%
Total Aesthetics Surgery Market
PhP 3.2 B
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13. Annual Sales = PhP 800 M
Estimated Aesthetics Surgery Market
Share: 30% = PhP 30 M
Total Aesthetics Surgery Market = PhP
2.67 B
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14. Total Population = 95 M
Age group = 40 M
Social class ABC = 6 M
Will avail of services (2%) = 120,000
Once in how many years = 25 years
Average price per procedure = 30,000
Market Size = PhP 144M
(120,000/25)*30,000
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Health Check Package Out-patient In-patient
The Essentials P 19,400.00 P 20,050.00
Senior Male Evaluation P 23,020.00 P 23,670.00
Lady Care I (<45 years old) P 27,290.00 P 27,940.00
Lady Care II (>45 years old) P 25,785.00 P 26,435.00
Platinum 1 Male (60-79 years old) P 27,925.00 P 28,575.00
Platinum 2 Male (80 and older) P 26,775.00 P 27,425.00
Platinum 1 Female (60-70 years old) P 30,090.00 P 30,740.00
Platinum 2 Female (80 and older) P 22,710.00 P 23,360.00
25. TMC’s Wellness and Aesthetics Center is to
dominate the niche market of the ELITE
It benefits from the patient-base and
reputation of The Medical City
It has excellent products and services at a
comparable price
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27. 1. Health promotion for the ELITE
2. ADOPT a healthier lifestyle
3. Wellness and aesthetics centers OUTSIDE
such as Belo, SLMC, Asian Hospital, etc.
4. The gap is on PERSONALIZED HEALTHCARE
5. The MEDICAL AESTHETICS INDUSTRY is worth
PhP3.2B
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28. 6. Health check PACKAGES
7. QUALITY over quantity
8. Uses TV, print & online ADVERTISING
9. The Medical City – TMC
10. Uses a NICHE approach to succeed
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30. Aside from targeting the elite, TMC’s
Wellness and Aesthetics Center is
competitive enough to provide
world-class healthcare services
Complete package coverage by
health insurance companies may also
boost the consumer market coverage
of the center
TMC Satellite clinics may also be
tapped in order to widen market
penetration
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