Marketing automation software is taking over the medical industry. Medical manufacturing has been behind in adopting marketing automation, but that is starting to change. With medical manufacturing a $176.7 billion industry with an expected compound annual growth rate (CAGR) of 5.0%, marketing automation in medical manufacturing has never been more critical.
However, the industry is underutilizing marketing automation, leading to lackluster sales and growth. The benefits of using marketing automation in your medical manufacturing business are endless – but you first need to understand marketing automation and how it’s best utilized in the industry.
Key Takeaways
- Medical manufacturers need to take advantage of the latest marketing automation technology
- The benefits of marketing automation for medical manufacturing outweigh the risks of adoption
- Marketing automation allows medical manufacturers to make a large impact with a small investment
What is Marketing Automation?
Marketing automation is the process of automating essential marketing tasks to save employees time and increase efficiency. This includes creating marketing campaigns, scheduling content, and nurturing current and potential leads.
To effectively use marking automation, your business needs to have a defined strategy for marketing. This strategy should provide your employees with specific objectives and KPI’s, and ensure that the automation aligns with your overall marketing strategy.
How is Marketing Automation Used in Medical Manufacturing?
Marketing automation is used throughout the entire medical manufacturing process, including:
- Pre-filling of order forms/documents
- Document and PDF follow-ups
- Pre-sending of automated emails
- Email campaigns
- Email follow-ups
- Lead nurturing via automated emails/phone calls
- Sales follow-ups
There are also many other ways marketing automation can be used in the medical manufacturing industry. When done correctly, there are multiple significant benefits to using this process in medical manufacturing.
6 Significant Benefits of Marketing Automation in Medical Manufacturing
Your medical manufacturing business can grow quickly and efficiently with the help of marketing automation. If you have yet to implement marketing automation in your manufacturing business, then you’ll be interested in these six benefits:
1. Saves You Time
One of the most significant benefits of marketing automation for any industry is the amount of time it saves your team. Research shows that at least 30% of business owners, executives, and marketers say that the most significant benefit of marketing automation is saving time.
In the medical manufacturing industry, this translates into the ability to respond to leads faster, which in turn increases your sales and revenue. With sales being one of the most critical factors in any business, it is essential to have the ability to scale and manage sales quicker and with higher efficiency.
2. Increases Efficiency
Another benefit of marketing automation is that it will increase the efficiency of your employees. This will improve both your workplace productivity and the quality of your products.
This is especially true in medical manufacturing, as employees have to spend a lot of time filling out manual forms and templates.
With marketing automation, your employees can spend most of their time creating new content and following up with leads and customers.
3. Helps You Scale Your Business
One of the main reasons medical manufacturing businesses are slow to adopt marketing automation is that they don’t see this software as valuable.
Their biggest concern is not the technology, but the time spent and the amount of money it takes to implement. However, the time and effort saved from utilizing marketing automation software can significantly increase the growth of your medical manufacturing business.
Medical manufacturing companies that take advantage of marketing automation software will be able to grow and scale much more quickly than those that don’t, becoming more profitable and eventually reaching the next level.
4. Boosts Your Sales
The medical manufacturing business is a highly competitive industry, which makes the use of marketing automation even more valuable.
Not only will the adoption of marketing automation allow your company to grow, but it will also help you achieve sales targets and increase your profits faster.
Implementing marketing automation in your medical manufacturing business will allow you to quickly scale your sales efforts. You will also be able to utilize more effective marketing campaigns, which will result in an improved ROI (return on investment).
5. Increases Customer Satisfaction
Another positive benefit of marketing automation in medical manufacturing is the increase in customer satisfaction. This is primarily due to the automation of key business processes, which directly correlates with your customers’ satisfaction.
Automating the sales process and lead nurturing will provide your customers with the most efficient and profitable service possible.
With a focus on increasing customer satisfaction and improving the quality of your services, you will have a more substantial customer base, which will increase customer lifetime value.
6. Raises Visibility
Another benefit of marketing automation in medical manufacturing is the increased visibility. As customers become more familiar with your brand, and as they stay connected with you, they will not only continue coming back for future business – but they will also start to speak highly of you to others. This results in greater brand awareness and a better overall reputation, which translates into better leads and more sales.
Give Your Marketing Strategy a Boost Today
When building your marketing strategy, it can be challenging to try and figure out what will provide you with the results you need. At Share Moving Media, we are dedicated to helping your business grow and thrive, and we are committed to advancing your company through effective marketing.
As a full-service media and content company, we can help you implement and grow your marketing strategy to help you increase your market share and stay ahead of the competition.
If you’re interested in what we can do for your team, contact us today! Or you can sign up for our newsletter for more marketing tips and tricks for medical manufacturers!