Lecture 5: Marketing and PR Flashcards
Marketing and PR: Meeting the needs of the consumer during the exchange of ______ for _______
Services
Money
Heatlh Care marketplace: Historically, little ______ for patients
Advertising one’s services considered ___________
Competition
Unprofessional
_______ is a new phenomenon in health care
Marketing
Factors affecting the patient population:
In the 1980’s, __ ______ census declined
Alternative practitioners _______
Alternative practitioners had _____ _____
In patient
Increased
Direct access
Marketing is a process that integrates the following: (5 things)
Selling Advertising Market research New product development Customer service
Goal of marketing:
To enhance patient _________
Satisfaction
Goal of marketing: Services delivered must be: \_\_\_\_\_ effective \_\_\_\_\_\_\_\_\_ Desirable to the \_\_\_\_\_\_\_ they are designed to reach
Cost
Competitive
Population
Exchange process:
The PT provides ________ to consumers
The PT interacts with a variety of resources for _______ of services: In this case the PT is the _______
Services
Exchange
Consumer
Exchange process: When the PT is the consumer, what does this involve?
Labor market for employees
Vendors for equipment
Financial for money
Marketing is the __________ of every member of the organization
Responsibility
Marketing responsibility: Have to be _______ to the organization
Committed
Marketing responsibility: Understand the ______ and ______ of the organization
Mission
Objectives
Market Oriented PT:
When the PT practice is oriented to the ______ of the patient, it is considered to be a market oriented practice
NEEDS
Market Oriented PT: Attention to special needs of the consumers, including (3)
Hours
Physical space
Services
Market Response: How ______ an organization can respond to the needs of the market place depends on _____ and ______ factors
Rapidly
Internal and external
Market Response: Internal factors include:
Lack of resources, skill, or desire
Market Response: External factors include:
From competitors
From the interested public
What are some examples of business constraints from outside sources?
Government Community The Media Financial institutions Professional organizations Independent regulatory agencies
Constraints: The government permits what you _______, there are ______ laws.
Have to have a ______ to be a PT
Build
Zoning
License
Constraints: Community:
Certain that are ___ _________ in community
NOT ALLOWED
Constraints: The Media: Always opportunity for media to ______ positively/negatively what you do
Highlight
Constraints:
Financial institutions:
Constraints on who can get a _____, at what _____ _______ what needs to be demonstrated to get one
Loan
Interest rate
Constraints: Professional organizations:
Include what?
Behavior
Constraints: Independent regulatory agencies include what?
Licensing boards
Accrediting bodies
The strategic marketing process:
The market oriented concept of marketing:
The potential market can be divided based on their ________ _____
Particular needs
The strategic marketing process:
The market oriented concept of marketing:
Potential buyers will respond favorably to the _____ or _______ that comes closest to meeting their specific needs and wants
Product
Service
The strategic marketing process:
The market oriented concept of marketing:
Adopting an effective marketing plan that will help the organization _____ and _____ their customers
Attract and retain
The strategic marketing process includes what 6 things?
Market analysis Select target market Marketing strategy Implement plan Monitoring Appraisal
Foundation of strategic marketing process is the:
Strategic business plan
The process of _________ and _______ are intertwined.
Strategic planning
Marketing
What does a SWOT analysis stand for?
Strengths
Weaknesses
Opportunities
Threats
What are the 4 types of market analysis?
- Analyses of the environment
- Market characteristics and customer behavior
- Market segmentation
- Demand measurement and forecasting
Environmental analysis:
What are the trends, opportunities, and threats facing the organization now and in future?
You want to look at these 6 things
Demographics Economics Natural environment Technology Legislative environment Cultural environment
Market Characteristic Analysis:
Insight into the market:
Who are the _____ and _____ buyers?
What _____ and _____ do consumers buy?
Circumstances under which they will _____
Who is involved in the ________ of service
What ________ the market
Where and how does exchange of ________ occur
Present and future Products and services Buy Exchange Motivates Services