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How to Use Video Marketing to Boost Healthcare Sales

September 21, 2020 By John Pritchard

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!

Filed Under: Blog, Marketing Minute, Uncategorized Tagged With: content marketing in healthcare, digital advertising in healthcare, healthcare marketing, healthcare marketing strategy, healthcare marketing tips and tricks, healthcare marketing tools, healthcare marketing trends, healthcare sales, influencer marketing in healthcare, social media marketing in healthcare

The Definitive Guide to Building Buyer Personas of IDN Supply Chain Leaders

September 16, 2020 By John Pritchard

The healthcare market is enormous – and it’s only going to get bigger. Global healthcare spending is anticipated to increase at a compound annual growth rate of five percent from 2019 to 2023.

Medical suppliers who want to increase their share in an expanding market should act now. The right marketing campaign is the key to success. What’s the “right” campaign? It depends on your target audience.

Suppose you’re a supplier trying to sell medical masks to private physicians’ offices. In that case, your healthcare marketing techniques will be (should be!) different than if you’re a supplier selling diagnostic ultrasound equipment to integrated delivery networks (IDNs).

Buyer personas are integral to guiding your approach. A buyer persona allows you to define your target audience and better understand their buying behaviors, so you can craft your marketing accordingly.

This guide takes you through a simple three-step process to craft buyer personas for healthcare.

Why Buyer Personas Matter

The purpose of a buyer persona is to understand how your customer thinks and acts. With this information, you can better understand the decision-making process that governs what, when, where, and how they buy.

What a Buyer Persona Is

A buyer persona is a semi-fictional representation of who is using your product or service. This imaginary profile covers details like demographics (sex, age, race, income, marital status, educational level), purpose (such as career goals), and motivation.

What a Buyer Persona Isn’t

A buyer persona is not a guess. It’s fact-based, created with detailed market research.

3-Step Checklist to Creating Buyer Personas for Healthcare

The healthcare supply market is exceptionally competitive. A well-crafted buyer persona allows you to stand out with concise, impactful messaging that attracts the buyer’s attention – and keeps it throughout the medical equipment sales funnel.

Here’s how to create buyer personas for healthcare.

1. Conduct Quantitative Analysis

Suppose your product isn’t exclusive to a single market segment (for instance, you target both individual physicians and IDNs). In that case, the first step is to break down your broader market into smaller segments.

Create a list of existing clients and group them according to details like location, contract value, and engagement (as evidenced by the frequency of orders, for instance). With this demographic and revenue information, start looking for trends.

For instance, you might find a correlation between location and an uptick in spending – indicating a gap in the market that you can step in to fill. If a competitor had an area sales rep changeover, it’s a prime opportunity.

2. Complete Qualitative Research

One of the biggest mistakes companies make when crafting buyer personas is ignoring psychographics in favor of demographics. This is where qualitative analysis comes into play. To better understand your target segments, both at the individual and organizational levels, get more intimate.

Reach out to trusted clients to arrange a chat. Healthcare professionals are busy, so keep it short. Emphasize that you’re trying to collect feedback to see how you can better serve them. 

During the interview, get a brief description of the business, the individual’s role within the organization, and their main goals and key performance indicators (KPIs). Are they looking to cut costs? Have they been tasked with researching new tech? Is efficiency a factor?

Also, refer to your offering, asking what they use it for and, of course, what improvement they’d like to see in your product or service. Remember, retention is half the battle in healthcare sales.

3. Create and Socialize the Persona

You can now create your semi-fictional buyer persona based on the evidence you’ve collected. Say you sell heart stents, for example. A quantitative analysis reveals that private hospitals in the Midwest are your most significant revenue source. Your qualitative research shows that it’s the heads of cardiology departments who are the relevant decision-makers.

So, make your buyer persona the head of cardiology in a hospital setting. Let’s call her Rachel Harding. Dr. Harding will be further along in her career, at least 40 years of age, and highly educated. She must balance providing the best patient care with budget limitations set by higher-ups. 

As head of her department, Dr. Harding must stay on top of the latest developments. She does this by reading certain healthcare publications, like Wiley’s Clinical Cardiology, and attending essential conferences, like the American Society of Echocardiography Annual Conference. 

Finally, Dr. Harding is busy. She’s overseeing an entire department. Maybe she also has a family at home. Her time is precious. Your healthcare marketing strategy must take this into account.

Now you have an idea of where and how to reach a professional like Dr. Harding best. Thus, the buyer persona makes it easier to sell to your end customer without ever meeting them in person.

Find Out More About Making Buyer Personas Work for You

Share Moving Media helps healthcare suppliers reach diverse buyers through targeted content. Our publications, educational services, and associations cater to distributors, providers, and manufacturers. With our industry knowledge and comprehensive content offering, we help you increase market share.

Sign up for our newsletter for more healthcare marketing tips and tricks. Want to work with us? Then contact us today!

Filed Under: Blog, Marketing Minute, Uncategorized Tagged With: healthcare marketing, healthcare marketing strategy, healthcare marketing tips and tricks, healthcare sales, medical equipment sales funnel

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