Wednesday, October 19, 2011

Do Your Employees Like Your Patients or Customers?


This may seem like a silly question to ask, or even to write about. But truth be told, beyond the customer or patient satisfaction numbers, chances are, your employees may not like your customers or patients all that much. I am not saying that your employees are treating customers and patients with open disdain or contempt. But, the lack of employee enthusiasm, concern and caring, communicated verbally and shown non-verbally in the workplace, with average to mediocre employee satisfaction surveys, may be a pretty good indication that your employees may not like your customers or patients a whole lot.

And that doesn't really help your efforts to improve the patient or customer experience.

When little differentiation exists to tell hospitals, doctors, specialty pharmacies, home health care and other providers apart, employees, liking their customers and patients, can set you apart from your competition. And with little opportunity existing now, and in the future, to differentiate yourself in your competitive healthcare vertical, success in experience improvement will only came when your employees like your customer, patients and you the employer.

Besides, they are your front-line brand ambassadors. The visual and emotional representation of your healthcare brand. And if they don't like your customers and patients, then what does that say about your brand?

This isn't rocket science. Employees are the best brand ambassadors that exist. They can do more to create customer and patient evangelists than you may even imagine. But, if they don't like you or your customers/patients, then creating brand evangelists will be even tougher.

Marketing has a role to play. And it's not just making things look pretty.

Marketing should be analyzing customer, patient and employee satisfaction data with HR to identify trends, challenges and opportunities for improvement.

Marketing should have a mystery shopper in place to document and feedback on employee interactions in three planes- live, on the phone and in social media.

Marketing should be involved in creating or purchasing that customer or patient service training programs.

Marketing should be working with HR or Talent Acquisition to develop that employee branding campaign.

Human Resources or Talent Acquisition as the case may be, has a lot on its plate in this too. But that is a topic for another day. It is also beyond the scope of this blog.

So if you want to strengthen your brand, become a market leader and succeed in your experience improvement efforts, then your employees are going to have to like you and your customers.

Can't have one without the other.


>>> Do Your Employees Like Your Patients or Customers? >>>

Wednesday, October 12, 2011

Has Healthcare Marketing Failed to Articulate Value?


On Monday, October 10, 2011, Deloitte released their latest Issue Brief, The Public View of Health Care Reform. I would also recommend highly that you read the 2011 Survey of Health Care Consumers in the United States.

Anyhow two items caught my attention from the Public View report out of many. The first is that and I quote: "Consumers perceive a complex, wasteful system sensing a lack of value for what is spent". "Consumers are critical of the U.S. health care system performance: 22 percent give it a favorable report card grade of "A" or "B" while 36 percent of consumers give it a grade of "D" or "F". In the second report, 2011 Survey of Health Care Consumers: " Satisfaction with U.S. health care system is low. 8 in 10 consumers see no system improvement and 3 in 4 believe other countries' systems are better. "

When you look at these consumer perceptions, one realizes very quickly that healthcare organizations are unable to articulate value. All that time, energy, resources and creativity spent to communicate that you are a quality healthcare provider has failed.

Why?

It is simple really, healthcare organizations have never talked about value. Never defined their brand in terms of what is the value, of what you do for the consumer. Much healthcare marketing communication is about you having "best" physicians in the region, or great high-tech equipment, we care and pictures of shinny new rooms and buildings. My favorites include "spa-like atmosphere", "world-class" and "unique".

Anyone wonder, why the giggle factor goes way up for consumers when they see this nonsense? They don't believe it, and it doesn't mesh with their experience. It may make you feel good and your Board happy, but at the end-of-the-day, it's not working.

What you are is doing is damaging your brand.

Sooner rather than later, you are going to have to articulate your messaging around the value that your brand brings the consumer. You can't run away or hide from it anymore. If you're not messaging brand value, then you are not being heard in the market. Sometimes, the reality of what you believe to be true, clashes with what the consumer wants from you. If you were doing your market research, you would have known this.

At some point, healthcare organization will have to develop strong value propositions. And communicate those brand value propositions to consumer. Communicating in meaningful ways about value that refrains from insulting the consumer with simplistic, self-centered messaging, that only increases the giggle factor in your market.

If you don't, that sound you hear, are the 40 percent of people in your market (Deloitte, 2011 Survey of Health Care Consumers in the United States), that would leave for what they perceive are better healthcare services starting their cars.




>>> Has Healthcare Marketing Failed to Articulate Value? >>>

Wednesday, October 5, 2011

How Integrated is Marketing Into Your Organization?

In a day and age, when consumers are bombarded from all directions and media for attention, it would seem, that marketing should play a more important role your internal organization and culture, than it may appear. No intent is made to downgrade your activities and internal communications about what marketing is accomplishing. But rather, asking a thoughtful question to consider.

Is marketing at the table then the Finance Department is staring to develop the annual financial plan and budget assumptions?

Is marketing at the table when the yearly business plan is in the initial stages of development?

Is marketing at the table when the product managers are deciding new product enhancements, new products, features and benefits?

Is marketing at the table when Human Resources is putting its headcount budget together and recruitment strategies?

Is marketing at the table when the annual sales plan is developed?

Not simply yes or no.

I think it is more a question of perception and opportunity, than what is right or wrong. But it seems to me, with so many avenues for consumers to learn about, and experience you, a marketing operation that is highly integrated into the organization and its culture, will find more success, brand awareness, market strength and revenue, compared to those companies where that's not the case.

Think of the power of a highly focused organization where marketing is fully integrated into most, if not all decision-making and planning? Employees become your strongest brand advocate through their engagement and contact with customers. Products and services are developed with enhancements that consumers want, not what someone thinks are needed. Growth plans based on market trends and developments, that have you meeting market demand and creating new markets, instead of adjusting your products and services to meet the financial plan revenue and return targets, forcing consumers into what you want.

Seems backwards to me, but that is U.S. business when compared to many other parts of the world, where it starts with the customer first and plans are developed and executed from there.

The world is so interconnected, that companies can no longer afford to have planning and decision-making processes that do not include marketing. That is more than an employee newsletter. Or sending out some update emails, displaying the new ad campaign or holding organizational meetings to explain what marketing is doing,

It is really about fostering and growing a marketing culture in the organization, where everyone has a stake in the outcome. That starts with leadership and a champions voice in the organization, C-suite and Board leadership that no longer accepts the status quo. This is about organizational change and the willingness to be not just successful, but a highly successful market leader. Without that, then a marketing focused organization is not possible.

Remember, if you're not the lead dog, the view never changes.

You can find me on:
LinkedIn: http://www.linkedin.com/in/krivich0707
Twitter: http://www.twitter.com/mkrivich
Web site: http://www.themichaeljgroup.com

If you are interested in exceptional strategic marketing consulting, you can reach me through my web site the michael J group; email- michael@themichaeljgroup.com; or phone, by calling me at 815-293-1471.



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>>> How Integrated is Marketing Into Your Organization? >>>

Tuesday, September 27, 2011

How Integrated is Your Marketing With Communications?

How much more effective would your marketing campaigns in traditional, online, social, mobile and Public/Media relations be, if you made a conscious effort to frame your messaging in your communications campaigns around the main brand and key messages you use in your marketing campaigns?

More often than not, brand messages in healthcare communications sometimes lack the level of integration and planning needed across vehicles and channels. Little, if any attention, is given to using communications as a strategic and integrative vehicle in the overall marketing effort. With so many different marketing activities and channels required to cut through the clutter, in order to leverage your key messages, you can no longer afford to not have your communications highly integrated with marketing.

Is that lack of integration a missed opportunity?

We are expected by our audiences to advertise, write white papers, create case studies, write impactful sales materials, partner with leading market research organizations to present "groundbreaking" topical surveys and results, as well as produce other materials.

People see, read and hopefully the key messages resonate, advancing the brand, generating sales leads, or in some cases, bring a sense of accomplishment to internal audiences, because in the end, all of these materials are "about us". Activity measurement as opposed to outcomes measurement.

Integrated communications can provide you with a continuous brand presence in the market that you cannot afford through paid efforts. It can successfully build positive impressions and solid opinions which after a while, will come to be believed about your organization.

If you are not integrating your brand messaging into your communication efforts internally and externally, your losing the opportunity of a lifetime, and potentially your markets.

You can continue the conversation with me on:
LinkedIn: http://www.linkedin.com/in/krivich0707
Twitter: http://www.twitter.com/mkrivich
Web site: http://www.themichaeljgroup.com

For more information, or to discuss your strategic healthcare marketing, customer experience management, marketing/sales integration or start-up needs, you can learn more at my web site the michael J group; email- michael@themichaeljgroup.com; or phone by calling me at 815-293-1471.



>>> How Integrated is Your Marketing With Communications? >>>

Wednesday, September 21, 2011

Can Transparency on Outcomes and Quality, Increase Volume, Revenue and Market Share?


Tough economy and getting worse. Hospital volume, scripts and specialty drug orders, flat or down. Little differentiation among competitors in many healthcare verticals. New proposed cuts in Medicare and Medicaid spending. High unemployment with no end in sight. Political gridlock. Healthcare payment models evolving from production payment focused on care delivered, to pay-for-performance based on quality outcomes. Price competition. And finally, a growing empowered healthcare consumer, taking control and playing an active part in the healthcare decision-making process.

With all this transpiring, most are taking the same past course of marketing action. Advertise services by making claims of world-class service. "Me too" messaging, attempting to driving volume because we focus all of our efforts and resources around you. (Isn't that what you are supposed to do anyway?) Sales forces all focusing on the same a therapy or drug class in specialty pharmacy which, in most cases, is the same as the specialty pharmacy down the street.

But nearly everyone, is missing the most important piece of the puzzle to generate demand, revenue and market share.

Where is the outcomes and quality data?

One area that is greatly lacking in most healthcare marketing, is an intelligent dialogue on your outcomes with your audiences. Payors', pharma and medical device, have recognized this and are leading in the use of quality and outcomes data to drive decision-making. It is time for the rest of the healthcare industry to catch up.

And in my experience, it works. Driving demand, volume, revenue and market share.

I maintain that even in this economy, there are healthcare dollars out there. Healthcare consumers willing to spend those dollars, if only that had a compelling reason to do so. With all other marketing avenues exhausted, healthcare executives weary from being in "survival mode" and facing new revenue pressures, one would think healthcare marketing would be able to answer some of these challenges.

Maybe it's time to give the healthcare consumer be it employer, individual or family, or any other stakeholder you can identify, quality and outcomes data to make decisions?

That's really the only avenue left for healthcare providers, to start talking about quality and outcomes. Engaging in a meaningful dialogue, that goes beyond accreditation logos and quality awards from third parties, to an actual honest-to-goodness quality and outcomes disclosure and discussion.

Few healthcare providers are willing. Most are afraid of this direction. But, it's a strategy and tactic that can break the current cycle of avoidance and loss. Leadership. Courage. The ability to be visionary. Recognizing that your customers, are best served by the healthcare organization that places them first in a meaningful way.

You have some choices here. Stay the course and do what you have been doing. Get lost in an endless paralysis by analysis loop. Mimic your competitors. Talk about quality and outcomes in vague terms. Or, be the first in your market, to establish a clear strategic marketing plan, focused on your healthcare consumers, about your brand in terms of quality and outcomes.

Sooner or later, you are going to have to do this.

If you are not willing to change, then don't expect a different outcome from doing the same old healthcare marketing that you have been.

You can continue the conversation with me on:
LinkedIn: http://www.linkedin.com/in/krivich0707
Twitter:    http://www.twitter.com/mkrivich
Web site: http://www.themichaeljgroup.com

For more information, or to discuss your strategic healthcare marketing, customer experience management, marketing/sales integration or start-up needs, you can learn more at my web site the michael J group; email- michael@themichaeljgroup.com; or phone by calling me at 815-293-1471.







>>> Can Transparency on Outcomes and Quality, Increase Volume, Revenue and Market Share? >>>

Thursday, September 15, 2011

Are You Using Your Patient Educational Materials in Your Marketing Efforts?


When you consider all the time, resources and effort spent, in developing patient educational materials, by specialty pharmacies along the therapies of RA, MS, HIV/AIDS, Oncology and Transplant, payers, PBMs, pharmaceutical manufactures, disease-specific associations and hospitals, one would surmise that an opportunity exists, to use them in broader channel marketing efforts.

Pharma and disease-specific associations have great and innovative marketing programs around patient education. After that, specialty pharmacy's, PBMs, and hospitals, not so much. I think that their use in marketing campaigns will depend greatly on the quality of the materials. And in some cases, they are pretty poorly written and designed. Sometimes lacking all together.

But are all healthcare segments, especially specialty pharmacies, missing an opportunity to truly differentiate themselves in a lookalike marketplace?

I know. We all think we are the best at what we do, offering considerable expertise, advice and education to improve the health, compliance, adherence and healthcare IQ quotient of our patients. Is that really the case, or, is it just to show payers that you are engaged in direct patient education, supplementing the investment in out-bound call center infrastructure, using computer based clinical information systems, etc.

Patient education is a great medium to reinforce your brand, your brand promise and create customer evangelists. But that of course assumes, that you are doing original work in patient education. And not, just throwing together one-page disease information sheets, or using information from associations or pharma. Just because you throw some patient education materials in a med box, pass them out at a health and wellness fair, or use another other channel for distribution, doesn't mean that you are accomplishing anything. Other than your materials possibly reaching the recycle bin.

This is by no means a knock on any association or pharma materials, for they are great sources of information and advice. They just lack an organizational imprint of who you are, your brand and brand promise, to be able to showcase the breadth and depth of your knowledge and expertise. And that imprint doesn't mean putting your logo on the materials.

Besides the pervasive fear of competitors seeing what you are doing, patient education materials need to be on your web site, in easily accessible and downloadable formats. You can use QR codes in your mobile marketing, that take individuals to the patient education section. Reference them in your communications programs. Build a marketing strategy around them to differentiate you from other providers.

Be the first and everyone else looks like a "me too".

Sometimes, the simplest marketing strategy is the one that creates customer evangelists, improves health and well-being and positions you as a leader in your healthcare vertical.

Don't discount the importance of patient educational materials in your marketing and what they can do for you.

You can continue the conversation with me on:

LinkedIn: http://www.linkedin.com/in/krivich0707
Twitter: http://www.twitter.com/mkrivich
Web site: http://www.themichaeljgroup.com

For more information, or to discuss your strategic healthcare marketing, customer experience management, marketing/sales integration or start-up needs, you can learn more at my web site the michael J group; email- michael@themichaeljgroup.com; or phone by calling me at 815-293-1471.






>>> Are You Using Your Patient Educational Materials in Your Marketing Efforts? >>>

Monday, September 12, 2011

‘In-the-Money’ in Binary Option Affiliate Program


It becomes a big question for the binary options traders to know whether they are in-the-money or not. It is true that the type of option is selected has the direct impact over the conditions of the contract, where you get the targets to hit. Hence, for finding out the situation of in-the-money, we can take here an example.

An XYZ organization holds shares of $10. As per the above/below option, the share will rise after the day end. If you choose the call option, it means you think that the value of the share will go above the current value at the end of the trading day. So if it reaches $10.01, you will be in-the-money. 

On the other hand, the barriers or touch option reflects that the price of the share will touch $12 or higher at least once in the entire trading day. Now, if you buy a call option here and the price of the share reaches $12 or higher at least once in that particular trading day, then you will be in-the-money. Remember, you will significantly lose if the highest value of the share remains till $11.99 before the expiration of the contract.

The boundary or range option denotes a range for the price prediction. As per this fact, the contract stipulates that the value of stock will be between $11.50 and $12.00 by the end of the closing day. If the trading closes at $11.90, you will be in-the-money. Similarly, you will lose your investment, if it closes at $11.54.

This all comes to tell you that how you can check whether you are in-the-money or not. The binary affiliates have to pay lots of stress on this matter to save their investment under the binary option affiliate program.
>>> ‘In-the-Money’ in Binary Option Affiliate Program >>>
 
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