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
Examples of parties involved
Insurance company
Parent
Physician
Child
What parties are looking for:
Insurance company:
Cost effective services
What parties are looking for:
Parent:
Looking for convenience
What parties are looking for:
Physician:
Control over care, feedback
What parties are looking for:
Child:
Happy with service
Market segmentation:
A PT practice cannot be ____ things to _____ people
ALL
ALL
Market segmentation:
Choose the market segment you can serve effectively, examples?
Geriatrics
Pediatrics
Orthopedics
Neuro
Demand measurement forecasting:
Analyze \_\_\_\_ experience \_\_\_\_\_\_ patients, past and current Ask \_\_\_\_\_\_ in PT for their input Demographic information including: \_\_\_\_\_\_\_ \_\_\_\_\_\_ and \_\_\_\_\_\_\_ in the area \_\_\_\_\_\_ trends
Past Survey Expert Home buyer, construction Environmental
Marketing strategy:
Methods chosen to address the ____ of the chosen population
NEEDS
Marketing strategy: Developing ____ _____ is a goal
Market share
Marketing strategy: Gaining a _______ edge is a goal
Competitive
Marketing strategy: Meeting the ______ of the _______ is a primary goal
Needs
Consumer
Marketing strategy: Differentiate between what the organization can ______ and what it cannot _______
Control
Control
The demands for services includes what 8 types of demand?
Negative Lack of Latent Faltering Irregular Full Overfull Unwholesome
What is negative demand?
Market has an AVERSION to the product of service
A group of couch potatoes approached to join a fitness program
What is lack of demand?
_______ should create demand
Marketing
Lack of demand:
There is a lack of demand if:
Product has __ _______ ______
No _____ to a particular group of consumers
Product is ___________
No known value
Value
Unfamiliar
Lack of demand:
An osteoporosis prevention program may be of little interest to _______ _______ adults
Healthy, young
What is latent demand?
STRONG demand, but the service is NOT currently available
Latent demand: When the service is available, the latent demand must be _______ with the new service …. make people ______ it is available
Matched
Aware
What is faltering demand?
Demand for an existing service is on the DECLINE
Faltering demand:
There are more _______ services that are available that are less ______, more _______, more _______
Attractive
Costly, convenient, attractive
What is full demand?
Maintain the level of demand with full utilization of personnel and resources
With full demand, demand for services is_______ there
Always
What is overfull demand?
Demand for services EXCEEDS the ability of the organization to supply it.
Overfull demand:
_____ waiting periods to start PT are an example of this
_______ in treatment in the hospital
Long
Delays
What is unwholesome demand?
A level of demand that is detrimental to the organization and/or patient
Unwholesome demand: Excessive demand for the PT may result in not producing a _______ outcome
Beneficial
What are the 4 P’s of the marketing mix?
Product
Place
Price
Promotion
Product: What are examples of the features?
Types of services
Staff skill
Specialization
Availability of service
Physical environment
Technology
Customer service
Place:
_________ where PT is offered
_______ of the case load dictates much about the ______ space
Physical space may attract a ______ type of patient
Location
Nature, physical
Certain
Price: How ________ and how ________ a practice will be relates to the price for services and how the practice is organized ____________
Marketable
Profitable
Financially
Promotion: includes what 4 things?
Advertising
Personal selling
Sales promotion
Publicity
What are the 5 R’s of measuring advertising effectiveness?
Reach Repetition Reading Recognition Recall
What are the 5 R’s of measuring advertising effectiveness?
Reach includes what _____ ________ are reached
Target populations
What are the 5 R’s of measuring advertising effectiveness?
Repetition should occur more than ____ time, _____ recognition
One
Name
What are the 5 R’s of measuring advertising effectiveness?
Reading:
Number of people who _____ your material, not just ____ it
Read
Get
What are the 5 R’s of measuring advertising effectiveness?
Recognition: Number of people who ________ your message
Recall
What are the 5 R’s of measuring advertising effectiveness?
Recall:
Number of people who can ______ being exposed to the advertising message
Remember
How much to spend on advertising?
Can be ______% of budget
Expenditures should be modified and monitored for ______ ____ ___________
1-2%
Return on Investment
Trends in PT marketing:
Market ____________
Market _______
Innovative Marketing ___________
_______ and __________ service
Segmentation
Research
Communications
Quality and customer
Public relations program:
Parts of a Public Relations Program: 3 things
Advertising
Publicity
Program visibility
What is public relations??
The developing and maintaining of a ________ ______ _______ between ________ and their _______,_______, and ______
Favorable public image
Public, suppliers and staff
Public relations: A very important component of _______ ________
Professional practice
How can be get the word out?
Advertising Cost Control over what is said Less credibility Publicity No cost No or little control over what is said Greater credibility
Publicity: Has greater _________ than advertising
Believability
What are some examples of publicity?
Writing articles Interview on radio, tv Newspaper coverage Magazine articles Speaking before community groups
Speaker’s Bureau:
Volunteers to speak to:
Patient \_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_ Hospital \_\_\_ \_\_\_\_\_\_\_\_\_\_ program \_\_\_\_\_\_ programs \_\_\_\_ and \_\_\_\_ scouts \_\_\_\_\_\_ days
Support groups In service Civic Girl and boy Career
Public relations is an ________
Investment
PR: The image you project:
Are you __________?
Think about ____ and ____
Do you have a _______ effect?
Is publicity _______?
Memorable
Logo and colors
Cumulative
Positive
Use satisfaction surveys to find out …..
How your practice RANKS among:
Patients
Referring sources
Other professionals
The value of a good name:
Name ______
Name is figured into the _______ of the practice
There is a value to associating with the _____
Recognition
Valuation
Name