Is Your Healthcare Organization Ready?
If you ask most non-marketers what the marketing department at your hospital does and/or the value it provides, you’ll probably get a lot of “uh, umm, uhhhh, not sure” or “spends a lot of money.” I think this video summarizes many people’s perception best. As an “enlightened stupid marketer” myself, I can recognize the humor and sarcasm in this video, but at the same time it triggers me to think – how can marketers change this perception? In particular, since I work in healthcare IT, is there a way that people’s perceptions about healthcare marketing can be transformed? The answer is, YES.
The retail industry began using precision marketing several years ago with phenomenal results. The idea behind precision marketing is using predictive analytics technology to personalize the way a consumer experiences your brand based on their individual needs. To put that in healthcare terms – the patients’ needs. According to an article I recently read on MarketingProfs.com, big players like Proctor & Gamble have spent upwards of $15M implementing precision marketing solutions. Obviously, healthcare organizations do not have this kind of dough to sling around, but there is scalable and affordable solution for hospitals of all sizes that is proven to increase Return on Marketing Investment (ROMI) by many fold – MEDSEEK’s ecoSmart Patient Precisioning.
The article elaborates on five key points to consider if you are thinking of making the jump into predictive modeling.
- Good model outputs depend on good inputs
- Try to be complete
- Patience is a virtue
- Be sure your modeling partner is up to date on academic work
- Look for user-friendly outputs
Check out the full article for more information. Are you ready to take marketing to the next level?
Anna Powell
Product Marketing Manager