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  • Marketing a Startup Healthcare Brand

    Marketing a Startup Healthcare Brand

    Marketing any startup can be full of initial challenges. Marketing a Startup Healthcare brand comes with even more of its own unique challenges and opportunities. Unlike other startups, when it comes to healthcare, you can have a unique product or service, a brilliant idea or a disruptive challenge to conventional methods and still be met with a lukewarm response.

    That’s why understanding the nuances of marketing a startup brand is critical. These distinctions might just be the difference between innovation and stagnation for your startup brand.

    Understand the Core of Your Startup Healthcare Brand

    One of the quickest ways to lose the attention of your audience is a lack of clarity on your startup’s purpose and what you want to accomplish. Not knowing who you are and what you want to say can sideline your success from the start.

    By developing a thorough understanding of what is driving your brand, you can identify those key foundations and values that sit at the heart of your startup.

    Think about things like:

    • If your startup had a voice, what would it say?
    • What are the three things you want people to know about your brand right away?
    • What specific problem are you trying to solve in the healthcare industry?

    Understanding who you are is key to success in marketing your healthcare startup.

    Know Your Audience

    The next key to marketing your startup successfully is to develop a thorough understanding of your audience. It’s important to note that you need to be specific. While your brand might help the whole of the healthcare industry in the future, who is the person who needs your brand right now. Who is the person who will benefit from your idea the most?

    Once you have these answers, it’s time to build an audience persona. While you can work with a team of experienced professionals who specialize in audience building you can also work with key people within your organization to understand your customer. Chances are you have members on your team who have a solid understanding of your ideal audience.

    Understand the Market

    The healthcare industry moves faster than almost any other. Even before the COVID-19 pandemic, healthcare was experiencing significant shifting. Once the pandemic spread worldwide, the face of healthcare was asked to pivot yet again.

    All of these changes make it seemingly impossible to truly understand the industry and where it is going. Instead, consider using a fluid market view. No one knows what will happen with additional strains of the virus or the long-term impact of COVID.

    Instead of trying to wrap your brain around the entirety of healthcare, focus instead on your very targeted segment of the industry.

    Catalog Your Marketing Assets

    To market your healthcare startup effectively, it is important to have a well-rounded catalog of marketing assets. Start by taking stock of what existing marketing assets you currently have developed and make note of what additional pieces of marketing materials would benefit your brand.

    At first, keep your efforts well rounded, including a variety of channels and messaging. Pay close attention to your metrics and analytics to see what channels and messages your audience wants to hear.

    While marketing your healthcare startup takes time and patience, it doesn’t have to be tedious. Enjoy the process of getting to know your company’s voice and what your customer wants to hear from you. This will lead to better conversations and a broader acceptance of your brand.

    Kristen Fescoe

    May 14, 2023
    Marketing, Non-Personal Promotion
    Healthcare marketing, Marketing, Non Personal Promotion
  • 5 Keys to a Successful Healthcare Virtual Sales Organization

    5 Keys to a Successful Healthcare Virtual Sales Organization

    Finding the right balance for your Virtual Sales Organization to be successful in the healthcare field can be tricky. With the right mix of people and platforms, you can achieve successful outcomes in the virtual world. Our team has worked with healthcare companies in the medical device, diagnostic and pharmaceutical industries to build virtual sales organizations (VSO) for over 20 years as MMC Healthcare. We’ve built programs for many manufacturers looking for a lower cost of sale solution to reach their customers and prospects. Here are some of the key ingredients we’ve identified for a successful program.

    The Product

    They key to successfully selling a product in a virtual environment is to clearly define the value propositions for the product. Value may be from the perspective of the healthcare providers or the patient, and ideally both. Examples may be clinical advantages, economic improvement or ease of use of the product. Digging deeper may include inclusion on GPO contracts or availability through distribution.

    The Team

    While many sales reps have “gone virtual” in the COVID-19 Pandemic era, finding a team that thrives in this environment is critical. They key is to find individuals with the background necessary to sell, who simultaneously enjoy the benefits of working in a virtual environment. Finding sales representatives that have experience previously selling or have worked in the care setting we are calling on is a big advantage. Having an experience respiratory sales representative calling a respiratory therapist or a dental hygienist calling into dental practices adds credibility to open doors.

    Marketing

    Introducing new products to healthcare professionals can be a challenge if they are not familiar with the product or company. We have proven that virtual sales programs are more successful when HCPs are exposed to the product in three to four marketing channels, including phone, email, landing pages, ads, direct mail and virtual education.

    Technology & Data

    Developing a central data platform (CDP) that is tied to tools like Salesforce.com will allow you to manage and prioritize customers and prospects. Giving your team a well thought out target list to nurture is an essential piece of driving reach and frequency within your target audience. Companies like Definitive Healthcare, IQVIA and MedData are great partners to help you build your database. Coupling your database with dialing, response management, video technology and scheduling tools will improve the efficiencies of your VSO. With the right tools, our VSO teams conduct video in-services and present to value analysis committees as if they were right in the room.

    Collaboration

    Your VSO team should be viewed as part of your greater sales organization. Members of field sales and the VSO should feel like they are on the same team. While we all know there are times that someone needs to be in the hospital or healthcare facility, COVID-19 has proven that a virtual approach can help companies successfully service and support our customer’s needs. When field sales and your VSO work well in conjunction, that is where you will see your greatest results.

    Whether you are looking to partner with a full-service sales & marketing agency like Connexio Health or to build an internal VSO, make sure you have the right recipe for success.

    Kristen Fescoe

    May 14, 2023
    IFU, Marketing, Non-Personal Promotion, VSO, Whitespace
    Sales organization, Virtual sales, VSO
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