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What is the Real Cost of Stopping Your Healthcare Marketing Campaigns?

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The COVID-19 pandemic has caused many businesses to reconsider their 2021 budget and growth strategies. In doing so, it’s easy to look at your marketing campaign expenses and wonder if it’s worth investing in.

Healthcare marketing campaigns, digital platforms, and technology costs often quickly add up and cause serious sticker shock. How can you guarantee a return on investment (ROI) and growth? What are the consequences of cutting marketing out?

Once you take a closer look at those numbers, it’s clear to see why marketing is one of the smartest investments medical suppliers can make. Without consistent and effective marketing, you’re unable to reach your distributors and end-users to increase sales. However, running healthcare marketing campaigns for the sake of doing it isn’t effective. The key is finding a balance between driving results and allocating your budget. 

Many marketers plan to increase their budgets by 7.6% on average in 2021. What would happen if you stopped all healthcare marketing campaigns right now? Let’s dive into what it would cost you long-term and quick tips on how to cut expenses without hurting your business growth. 

The Cost of Stopping Your Healthcare Marketing Campaigns

If your marketing campaigns are running up your budget without impressive results, you may consider throwing in the towel altogether. However, healthcare marketing campaigns encompass many aspects of business growth including brand awareness, lead generation, customer insights, and more. 

Without marketing, your company would have to rely solely on the merit of your products and services, along with word-of-mouth referrals from past customers. Ultimately, this would lead to a decrease in sales, engagement, and overall brand awareness — costing your business thousands and thousands of dollars.

Where Your Healthcare Campaign Went Wrong

Depending on your products and services, healthcare suppliers are spending anywhere from thousands to millions of dollars on marketing expenses. With endless marketing channels and technology to test, it’s easy for many businesses to quickly overload themselves. If your marketing campaigns are underperforming, ask yourself the following questions before cutting your budget:

  • Are you targeting the right audience?
  • Have you built out buyer personas from research?
  • Did you develop realistic success metrics?
  • Is your messaging not resonating with your audience?
  • Do you understand the customer journey?

3 Ways to Reduce Healthcare Marketing Campaign Expenses Without Hurting Your Business

While marketing is paramount to your overall business growth, you can still cut down your budget without sacrificing the quality of your results. Here are a few steps you can take to optimize your healthcare marketing campaigns and expenses:

1.Conduct a Full Marketing Audit

You need to conduct a full marketing audit to determine how much you’re spending on marketing activities, active marketing channels, and measurable results. You’ll need to quantify how much you’re spending on each channel and include any software, fees, materials, etc. 

After you’re finished, you’ll most likely be surprised which areas you’re overspending and where gaps exist. You can either decide to limit the number of active channels you’re investing in or reduce your spend on underperforming campaigns. 

2.Improve Audience Targeting

The key to a successful marketing campaign is targeting the right customer, at the right time, on their preferred platform. However, 60% of marketers agree that their customer acquisition cost (CAC) has increased in the past three years. Focusing your budget on prospects who aren’t in your ideal market jams up your lead pipeline and is an ineffective use of your budget. 

Instead, build comprehensive buyer personas through quantitative and qualitative research so you can better understand your customer’s needs and pain points. Use these profiles to arm your marketing strategy and better use your budget for the right audience.

3.Use Marketing Automation Tools

While the idea of investing in new technology may seem daunting, it can help you cut back on resources and not spread yourself too thin. Marketing automation will help free up your time and ensure your team can focus on different tasks.

Common marketing automation tools include:

  • Chatbots
  • Email autoresponder and journeys
  • Customer relationship managers

Build Comprehensive Healthcare Marketing Campaigns that Drive Results

Budget cuts are never easy. However, completely stopping your healthcare marketing campaigns can have serious consequences for your overall business growth. Without marketing, you’ll be unable to attract and engage with your customers on a larger scale. If you’re concerned about your budget, consider analyzing your expenses, budget, and data to make smarter campaign decisions that propel your medical supply company forward.

Ready to develop marketing campaigns that amplify your growth? Contact Share Moving Media for more information.

A Six-Step Guide to Getting New Products Featured in Health Trade Journals

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Medical manufacturers know that a big part of their healthcare marketing strategy involves getting their products seen by practitioners in various fields, and one of the best ways to do that is to get their product featured in health trade journals. 

One of the best healthcare marketing tips and tricks out there is to put your products where your audience’s eyes are. So, which publications are practitioners paying attention to?

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Source: The Script

Why Industry Journal Exposure is Good for Digital Advertising in Healthcare

While many of these publications have a printed version available, most of them have transitioned to a digital platform. This helps them get more eyes on their content, which means more eyes on your products. Sure, while it can be beneficial to have your products featured in smaller, niche publications, the results of being published in a larger publication are 10 to 100x greater. 

Another good reason to consider attempting to get your product featured in a health trade journal is that you gain instant authority in your field. How? Once you’ve been approved and published in a major health trade journal, readers know that you are a source worth investing in because you made it through the rigorous vetting processes to be featured in the first place. 

That authority and credibility go a long way, not only with prospective clients but with other publications as well. If you’re credible enough to be published in a major health trade journal, then other healthcare publications are going to be more willing to work with you in the future. 

6 Steps to Getting Your Product Featured in Health Trade Journals 

There are countless benefits to getting your product featured in a health trade journal. However, getting to that step takes a bit of work. To reap the benefits of being featured in a healthcare journal, you’ll want to follow this six-step guideline to get your product featured in the first place.

1. Make a List of Relevant Journals 

In marketing, one of the golden rules is that you cannot market to everyone. Well, that same rule applies to pitching your products to health trade journals. If your product is geared towards older men in their 60s, you wouldn’t want to pitch it to a popular yoga magazine whose target audience is women in their mid to late 20s.

That said, you’ll want to make a list of 10-20 publications that you’d like to be featured in. These can, and should, include major health trade journals, popular online blogs, etc. 

2. Research Publication Requirements

Once you’ve taken the time to find the right publications that would best suit your product, you’ll want to research them. You need to figure out:

  • Who their target audience is 
  • What their audience is looking for when reading the particular publication
  • The type of content they’re most likely to publish

No two publications are exactly alike, so you’ll want to make sure you are taking detailed notes and take time to review the content itself to help you later on when crafting your pitch. 

3. Identify Specific Individuals to Pitch To

During your research, you’ll also want to look into the best individuals to contact and pitch to. There are quite a few publications that allow for self-submissions, and others that require a rigorous vetting process. Others will only accept pitches from the craftiest of researchers who can find and pitch to the right person — say a chief editor or head of marketing. 

Once you’ve identified the best individual to reach out to, you’ll want to take some time to check out their online presence. Have they previously published work themselves? If so, you’ll want to study their work to get an idea of what kind of content may spark their interest. 

Finally, make sure you make a note of the best ways to reach them. At the very least, you’ll want to find their email addresses. 

4. Create Share-Worthy Content to Pitch

Now, when it comes to creating your pitch, you want to take adequate time to craft various pieces of content to pitch, including:

  • Educational blog post
  • A brief on how your product works, who it’s for, etc. 
  • An educational video
  • Testimonials from current customers 

5. Send Your Pitch

Once you’ve created your content, it’s time to pitch it! The best way to pitch an idea is via email. Why? Because it’s not only the preferred channel for receiving pitches by most journalists but because the average business professional checks their email approximately every 37 minutes. 

Now, research shows that there is an ideal time to send pitches, and that’s on Tuesdays or Wednesdays between 8-9 am, and then around 3 pm. Just remember to keep time zones in mind when you send it!

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Source: Publicize

6. Always Follow Up

You know how crowded an email inbox can get. Just imagine how much more crowded these individual’s inboxes must be. Show them you are serious and want to be noticed by following up on your initial email at least once, if not twice, to make sure they’ve received and seen your message. 

Increase Your Market Share with the Help of Share Moving Media

Here at Share Moving Media, we are a full-service media and content company. Our goal is to help you get noticed by creating and helping you to distribute high-quality content. 

Curious how we can help you increase your market share? Then contact us today to learn more!

A Guide to Choosing a Content Marketing Agency in Healthcare

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As a medical supplier, you can leverage content marketing to increase your market share and drive profits. The healthcare supply field is highly competitive. Being able to provide consistent, client-centric messages across a range of media channels ensures you stand out from the crowd.

Whether you’re distributing diagnostics equipment to integrated delivery networks (IDNs) or selling exam room supplies like latex gloves to doctors’ offices, the right marketing agency can craft a tailor made content creation plan to reach your desired audience.

The first step is choosing a content marketing agency in healthcare that meets your unique needs.

5 Steps to Choosing a Content Marketing Agency for Medical Suppliers

Trends in healthcare marketing suggest that content will continue to play a valuable role – however, that content needs to deliver value. More than ever before, quality takes priority over quantity. You need a content marketing agency with the knowledge, experience, and skills to meet that need.

1. Define Your Content Marketing Goals

Before you start searching for content marketing agencies, write down your goals. Of course, the end aim is to earn more money – but think specifically about what content will help you get there.

Here are some possibilities:

  • Attract more subscribers to your email newsletter and increase newsletter engagement (opens, clicks, and downloads).
  • Ramp up website traffic and engagement, such as page views, backlinks, unique visitors, and conversions.
  • Increase your business’s ranking in search engines like Google. Of all Google searches, 5% are health-related. Don’t ignore search engine optimization (SEO).
  • Enhance your profile as an industry expert, building trust in your professional community.

Content marketing covers an array of media, from vlogs (video blogs) to whitepapers. Having an idea of where you want to focus your energy ensures you select an appropriate agency. Some agencies prioritize social media content while others concentrate on SEO, for example, and others are all-rounders.

2. Look for Subject Matter Expertise

Content marketing agencies have different areas of expertise. A smaller boutique agency might focus on one select field, like fashion or food, while a larger agency will cover multiple verticals. When choosing a content marketing agency in healthcare, subject matter knowledge is more important than size.

Look for either a boutique agency that exclusively serves the healthcare market – or better yet, the medical supply market – or a larger agency with a dedicated healthcare vertical.

3. Ask for a Portfolio of Previous Work

Anybody can claim to be a subject matter expert. When choosing a content marketing agency in the healthcare supply space – a very niche area, you want this claim to be backed up by data. Ask for a portfolio of previous work, ideally work done for clients with a similar profile to your own.

As you review the portfolio, you will also see what sort of content the agency works with. This is your chance to confirm that they have knowledge of not only the medical supply space but also the media formats you want to prioritize, ensuring they will deliver the type of valuable content you want.

4. Discuss Your Specific Goals and Needs

Never hire based on the portfolio alone. Have a chat face-to-face or via video to talk about your potential project. This is an opportunity for you to present the priorities you wrote down in the first step and to confirm that the content marketing agency in question can help you achieve those goals.

This is also an opportunity for the agency to pitch you ideas. Say you want to draft a series of thought-leader articles in healthcare online magazines, for example. You could ask whether they have ideas for topics to cover and what publications they would recommend targeting.

5. Clarify the Content Marketing Agency’s Working Processes

Your face-to-face discussion with the content marketing agency should also cover practical points – namely, what a working relationship with the agency will look like. You want to make sure you are on the same page in terms of collaborative style.

Here are some topics to touch on:

  • Point of contact: Who will be handling your account? Is it the person you are currently talking to, or will it be someone else?
  • Outsourcing: Does the agency outsource any of their content creation? If so, ask for a sample of the contractor’s work to make sure it meets your standards.
  • Understanding your brand: Do they know your company, your product, and the end-user you are trying to serve?
  • Timelines: How long will they need to deliver the content you’re looking for?
  • Communication: What communication channels will they use to keep you abreast of content updates?

Ask these questions now to clarify expectations and avoid frustration on both sides down the line.

A Full-Service Content Marketing Agency for Medical Suppliers

Share Moving Media is a full-service content marketing agency that caters to professionals in the medical supply sector. We create personalized webinars, eBooks, infographics, and more. With our in-depth understanding of the field, we will help you increase your market share.

Sign up for our newsletter to learn more about healthcare content marketing. Ready to create a content strategy for healthcare that will make your business grow? Contact us today!

Content Marketing 101 for Healthcare Distributors

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Healthcare distributors are an integral part of the U.S. healthcare ecosystem, helping deliver medicines and devices to the market. Distributors create efficiency, providing some $33 to $53 billion in savings every year.

As a medical supplier, you are tasked with bringing the latest innovations to patients. An effective healthcare marketing strategy allows you to reach the decision-makers in the medical equipment sales funnel who bridge the gap between you and the end-user.

Whether you’re targeting private physician practices or large-scale integrated delivery networks (IDNs), content marketing can help you engage your audience, allowing you to ultimately ramp up sales.

This guide introduces the basics of content marketing for healthcare distributors and gives you five concrete ideas for implementation.

Why Use Content Marketing?

Content marketing encompasses various media, from blogs to websites, videos, infographics, and more. This diversity allows for fantastic flexibility. You can tailor marketing campaigns to different people and purposes, depending on your target audience.

Additionally, content marketing is cost-effective. You can repurpose critical messages from a blog for a YouTube video – or use stats from an infographic in a thought leader article in a magazine. A small investment will take you far, thanks to the content’s adaptability.

Recognizing such advantages, companies are increasingly relying on content marketing to increase revenue and market share. Most content marketers focus on lead generation (85%) and sales (84%).

5 Ways to Implement Content Marketing

Content isn’t just meaningless filler. It will generate revenue – if you know how to use it. Here are some tips for effective content marketing for healthcare distributors.

1. Incorporate Visuals

Technological advances have made modern societies more visually oriented. The age-old moniker that “a picture is worth a thousand words” has never rung truer. Large chunks of text alone don’t catch the eye.

Always include visuals with your content. Even a blog post or magazine article can be broken up with appealing photos or infographics.

2. Hijack the News

The media machine is 24/7. Tap into its power. Use current events to bring consumers back to your product. You can even piggyback off annual events like the Super Bowl or the holiday season to create seasonal marketing campaigns.

News about an upwards trend in heart attacks is a platform to talk about cardiovascular stents. Statistics about an increase in depression due to isolation during COVID-19 can serve to discuss mental health products.

3. Give Something Away for Free

Free content can serve as the first step in grabbing your target audience’s attention. It gives consumers a low-risk way to get to know your company or product. Do it right, and you can convert a curious content-consumer into a buyer.

How? There’s a lot of bad content out there. Make sure yours adds value. Create a well-researched white paper or e-book covering the latest updates in your niche. Whether you distribute ultrasound equipment or hearing aids, you are an expert in your field. Share your knowledge.

4. Embrace Storytelling

People get tired of numbers and statistics. Drowning your target audience in quantitative information can also come across as aggressively sales-like – a turnoff for many consumers. Storytelling is a content marketing technique focused on building trust and loyalty by fostering a more personal connection.

Use stories to back up hard facts. Get patient or physician testimonials attesting to your product’s value. Providing such examples allows potential buyers to connect with your work on a personal level. 

5. Try Interactive Media

Interactive content like clickable infographics or quizzes intrinsically demands engagement. This is an effective way to get people to stay with your content instead of just skimming past it. Some types of interactive content, like surveys, can even be used to collect more information about your target audience, allowing you to better serve their needs.

The Secret to Success: The “S” Word

Creating great content is only half the battle. A strategy is the secret to success. Content marketing in healthcare must be targeted, planned, and measured. Audience targeting allows you to increase return on investment by ensuring you put your marketing money into channels that resonate with buyers.

Planning allows you to get ahead of the market. As a healthcare distributor, you’re at the forefront of innovation. When a new medical technology or diagnostics device is set to hit the market, you’re among the first to know. Creating a content plan before the actual launch gives you the tools you need to promote the product the second it drops.

Measurement is the final piece of any effective healthcare marketing strategy. How many views did that YouTube video get? What was the click-through rate of that Google ad? How many new email subscribers did the call to action in your thought-leader article generate? Such a metrics-based analysis allows you to tweak your content marketing for more positive outcomes.

Learn More About Content Marketing for Healthcare Distributors

Share Moving Media can help you increase healthcare sales with comprehensive content marketing. A full-service media company, we create many types of content, including webinars, blog posts, e-books, graphics, and more. We work with best in class distributors to deliver market share through a variety of services across multiple channels using content marketing in print, video, webinars, education modules, and live events. With this diverse array of healthcare marketing tools, we help your brand grow. 

Sign up for our newsletter to learn more about how Share Moving Media can help you plan and create quality content in context. Ready to start creating your content strategy? Contact us today!

How to Use Video Marketing to Boost Healthcare Sales

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Digital marketing provides marketing teams with endless options to boost healthcare sales, especially given the fact that more patients are heading online to search for answers to various health-related needs. Approximately 70,000 health-related Google searches happen every minute! So, with so much competition online, how can you stand apart from the crowd? One excellent method is to start utilizing video marketing for healthcare sales. 

Video Marketing: What You Need to Know

Recent studies state that 92% of marketers believe that video is an important aspect of their overall marketing strategy. 

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Source: Wyzowl

Video has a profound effect on consumers. This is because people process videos and other visuals at a much faster rate than they do text. The human brain processes visuals (videos, infographics, images, etc.) approximately 60,000 times faster than text and grabs the attention of viewers five times faster than still images do.

Visual content is not only easier to process, consumers continuously state that they prefer videos instead of still images because it delivers to them the information that they need much quicker than it does via text and infographics. 

Since it can have such an impact on your audience, video marketing is well worth the time and monetary investment. So, how do you implement video marketing into your current strategy? By getting to know the basics first. 

What is Video Marketing?

Video marketing is just what it sounds like – creating video content to help share information with your targeted audience. Video content comes in almost as many forms (if not more) than traditional written content. Some of the most popular videos used in marketing include:

  • How-to/Educational Videos
  • Video Ads
  • Explainer Videos
  • Product Videos
  • Testimonial Videos

Videos can be animated, they can be traditionally filmed, and they can even be live broadcasted on social media and shared over and over again, making it an excellent source of evergreen content for your brand. 

Current Video Marketing Statistics Worth Knowing

While it’s true that traditional content can be simpler to put together than video content, it’s definitely worth the time and investment. Need further proof? The numbers don’t lie:

  • 85% of internet users in the U.S. watch video content monthly across multiple devices.
  • 57% of marketers say they now use live video in their marketing strategy. 
  • 41% of B2B marketers are curious about adding video marketing to their sales strategies in 2020.
  • 48% of consumers want to watch videos that reflect what they are interested in – whether it be educational, entertainment, or on products. 
  • Both global online video viewing and ad spend on videos are predicted to increase in 2021
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Source: MarketingCharts

How to Use Video Marketing in Healthcare Sales

Now, when it comes to using video marketing in healthcare sales strategies, there are countless directions your team can take. Whether you are looking to bring in new patients to a given office/hospital location or are trying to sell various treatment options to patients, video marketing can play a significant role in encouraging them to take action. 

Not quite sure how video marketing can help in your healthcare sales strategy? Here are a few examples to help give you some ideas to play around with.

Physician Profile Videos

If you’re a healthcare organization looking to bring in new patients, one of the best video marketing methods to incorporate into your digital marketing strategy is to include physician profile videos. These videos introduce each doctor and give patients an idea of who they may or may not be working with. 

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Source: Edward-Elmhurst Health

Welcome Videos 

Having doctor profiles are an excellent way for new potential patients to get to know your staff. In that same light, including welcome videos on your website is an excellent way to introduce your organization, your mission and share your values with those who are trying to decide if your organization is the right fit for their needs. 

Video Testimonials

Research shows that 90% of patients use online reviews and testimonials to evaluate doctors and care facilities. So, what better way to improve your online reputation than by sharing patient testimonials? 

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Source: Loyola Medicine

Reading about a pediatric cancer survivor’s journey is powerful in itself. However, watching a video of the patient and/or their family sharing their story holds a much higher emotional power over those who are looking into the testimonials of a healthcare organization. 

Educational Videos on Various Procedures and/or Health Conditions

Investing in educational videos to help you explain various health conditions or medical procedures is another excellent way to incorporate video marketing into your healthcare sales strategy. These videos are a great way to not only educate your patients but help ease any of their anxieties revolving around a recent diagnosis or an upcoming procedure. 

Product Information Videos

Finally, product information videos are an excellent tool for those in healthcare manufacturing and distribution. Much like the educational videos for procedures and health conditions, product information videos give consumers an idea of what a product is, what it does, why it’s beneficial, and so much more. 

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Source: AliMed

Amp Up Your Marketing Strategy with Share Moving Media

At Share Moving Media, we are a full-service media company that understands how important your content is to your healthcare marketing strategy. That’s why we help healthcare brands create stunning webinars, blogs, and articles, and we’ll be happy to help you develop your video marketing strategy for your healthcare sales team.

Ready to get started? Then contact us today to learn more!