StrategyDriven Marketing and Sales Article |Healthcare Organizations|3 Things Healthcare Organizations Do Differently When It Comes to Advertising

3 Things Healthcare Organizations Do Differently When It Comes to Advertising

StrategyDriven Marketing and Sales Article |Healthcare Organizations|3 Things Healthcare Organizations Do Differently When It Comes to AdvertisingLike other industries, basic marketing principles, such as strategic planning and branding, apply to healthcare marketing. Nevertheless, healthcare marketing needs a different approach as compared to other industries.

Most people in the healthcare business have little or no business knowledge. They also like to see their establishment as a profession rather than a business. They are more inclined towards maintaining their reputation, almost forgetting that they need to attract clients, just like any other business.

Healthcare marketing has to be different from traditional marketing. Here are some of the ways in which healthcare marketing is different from marketing in other industries.

1. Sensitivity

While advertising for healthcare, marketers have to be sensitive to connect with clients. In most cases, people looking for health-related services are anxious. They could be concerned about their health or the health of their loved ones. Connecting with someone in such a situation is quite different from connecting with someone excited about buying a new car.

To connect with someone looking for health services, health marketers need to have a warm touch. The patients need to feel that someone cares about their well-being. If the patient feels like you are taking advantage of their poor health to make money, they will no longer trust you. The marketer needs to show respect for the patient’s emotions while also expressing friendly authority. There are many ways to make a healthcare organization visible without coming out as insensitive.

2. The Concept of Exchange

In traditional financial marketing, the end goal is to benefit the company as well as its stakeholders financially. However, that is not the case in healthcare marketing. The end goal of healthcare organizations is to benefit patients. Therefore, marketing aims to sensitize the public on the importance of good health and excellent health care.

In conventional marketing, consumers get a product or service in exchange for their money. However, in health care, consumers get a service, such as laboratory tests, in exchange for their time and effort. Although money is involved, it is not the primary commodity during the exchange.

3. Limitation to Special Offers

It is common for new businesses to give introductory offers to their new clients. Although such offers exist in the healthcare industry, they are not as prevalent as in other businesses. That is because there are legal restrictions in health care, such as insurance guidelines. The guidelines limit the healthcare organizations’ ability to offer special pricing discounts to their clients.
However, some services are legally allowed. For example, it is legal to host a free educational seminar. Introductory offers are more common in services that are not covered by insurance, such as cosmetic surgeries. For instance, some cosmetic surgeons may offer free consultation sessions to their clients.

Besides legal restrictions, many healthcare organizations are against making introductory offers. Some practitioners believe that it is unprofessional, and suggests they are offering low-quality services.

The Need to Compel Clients

Most patients will assume that all healthcare organizations are equal, as long as they are licensed. Therefore, it is up to an organization to stand out from the rest and compel clients to trust them with their health. Therefore, marketing in healthcare is inevitable. Healthcare organizations have to ensure that they remain within the legal constraints and abide by all marketing ethics.

StrategyDriven Managing Your Business Article |Fast Track Business Growth|The Top Strategies to Fast Track Your Business Growth

The Top Strategies to Fast Track Your Business Growth

StrategyDriven Managing Your Business Article |Fast Track Business Growth|The Top Strategies to Fast Track Your Business GrowthAs a business leader or entrepreneur, it is likely that you are impatient to see progress in scaling up your business from a small company to a large corporation. To make sure that you are able to become one of the bigger market giants across the world, this guide will detail some of the best strategies that you can use to fast track your business growth and expansion.

1.Expanding into International Markets

International markets are the best way to make business boom and multiply your revenue quickly. By venturing into international markets, you will easily be able to connect with a much wider audience, meaning you will be giving many more people the opportunity to invest in your company.

However, it can be difficult to decide which overseas market you should consider expanding into, with factors such as cost, tax incentives, and their talent pools all coming under scrutiny. For those looking to expand in 2020, you should invest in Turkey due to its status as a manufacturing center that can provide you with low costs and beneficial government-backed incentives.

2. Combining Online and Physical Stores

Although most business leaders are flocking online to follow the latest trends, savvy executives know that a combination of digital and brick-and-mortar stores is the best way to grow their companies fast. This is because a combination of both methods widens the net, allowing your company to be accessible to a wider range of shoppers who all have different preferences to the way that they purchase products. This is also important if you are focusing on expanding in a local community or in a country whose digital infrastructure is not as extensive as within the USA.

3. Become an Exciting Investment Opportunity

Although you might believe that fast business growth relies on your company’s investments only, you also need to make sure that your business is an attractive business proposition. By appealing to angel investors, you will be able to get the funding that you need to grow quickly, by offering a more extensive range of products and services, employing more talent and expanding your premises across the country and beyond. This will prevent you from having to garner funding slowly through cutting costs and a gently increasing customer revenue.

4. Create a Partnership or Franchise Your Business

One of the quickest and most effective strategies for business growth that every owner should be aware of is to create a partnership with another person or company. By doing this, you will easily be able to pool your skills and share your individual successes. You might also consider merging with another company in order to easily absorb another’s success. You should also consider the advantages of franchising your business, which means that another company or individual can sell your products under their name. This allows you to connect with a wider proportion of your target customer base, while also enabling you to claim royalties on every sale.

StrategyDriven Online Marketing and Website Development Article |Build your Brand|How to Build Your Brand Successfully

How to Build Your Brand Successfully

StrategyDriven Online Marketing and Website Development Article |Build your Brand|How to Build Your Brand Successfully Starting a business comes with a lot of responsibilities and challenges, but it can be one of the most satisfying experiences you’ll ever have, especially if it becomes a success! Of course, anyone starting a new business venture has such intentions, but there are some key elements that entrepreneurs must get right to succeed.

One of these things is the branding of a company and building brand awareness. If this is your first experience with a start-up, here are some top tips to help you build your brand successfully

Research

Every step of starting a business will require you to do thorough research and to help create a top brand. To do that, assessing the market is where you will need to start. First of all, see what brands appear to be most popular with consumers and ask yourself why that is. Looking at other successful brands and how they operate is a good way to plan your business model. You must also make sure your brand stands out from other companies, especially ones that are offering similar products/services to yours. Always keep yourself updated on consumer’s demands and trends in the marketplace to keep your brand relevant.

Website

As most consumers search for businesses online, it’s essential that your company has a fully functioning website with a professional finish. If you’re selling products via your website, make sure you have top-quality, secure e-commerce tools incorporated into your website functions. It should be clear what your company does, and including a blog is another great way to interact with customers and keep them updated about your business and industry news. For the best results, ask experts such as Preface Studios who can develop your website and assist with digital marketing strategies.

Social Media

Social media marketing is another essential tool for businesses in the modern era. These platforms have evolved far beyond keeping in touch with friends and relatives and now play a pivotal role in building brand awareness and connecting with consumers. While you should utilize as many of these platforms as possible, make sure that the ones you choose are relevant to the kind of business you’re setting up. This way you will be reaching the right audience and will see better results.

SEO & Other Digital Marketing

SEO tactics, email marketing and pay-per-click advertising are all great examples of additional digital marketing tools. Like social media, these tactics have become essential for businesses to market their products and boost their brand visibility. You must get your website to appear in the first 1-2 pages of web search results for consumers to discover your brand, as the majority do not bother to look beyond those pages. Either learn how to master these tactics yourself or hire a professional agency to do this for you.

Get Involved

Another great way to increase your brand awareness is by getting involved in local community projects or events on a larger scale. This is a great way to give back and will help to promote a positive image for your business, making it more attractive to consumers.
As an entrepreneur about to embark on their first business venture, use these timeless tips to help build your brand and see results.

StrategyDriven Practices for Professionals Article |Webinars and Online Meetings|How to Spot the Difference Between Webinars and Online Meetings

How to Spot the Difference Between Webinars and Online Meetings

StrategyDriven Practices for Professionals Article |Webinars and Online Meetings|How to Spot the Difference Between Webinars and Online MeetingsIn 2020 the business landscape has experienced a wild ride. In a matter of months, the tried and tested analogue working world has shifted almost entirely to a digital way of life. Gone were the conference halls and meeting rooms, in came the online meetings and webinars.

But with so many new users starting with virtual conferencing from scratch, there has been a lot of confusion surrounding the jargon. It’s like learning entirely new vocabulary: webcasts, screen sharing, virtual conferencing, remote access and more.

One key point of confusion surrounds the difference between webinars and online meetings. At first glance, they might seem remarkably similar, with many mistakenly using the words interchangeably. However, after this article, you will hopefully see there is a world of difference, and it’s vital to know what they are and when to use them.

So, let’s begin!

How to Tell the Difference

At the most basic level, it revolves around size. Online or virtual meetings are most often employed when a small group of people want to get together to discuss and idea or project. These meetings are collaborative with everyone taking a role in the proceedings, and they usually shouldn’t include more than twenty-five people.

In contrast, a webinar is for the masses, with some platforms allowing the organiser to host five-hundred people or more. In these sessions, one person or group typically talks to the rest. Think of it less like a meeting and more as a conference. Or as the name suggests, a seminar.

When to Use an Online Meeting?

Such meetings are great on a number of occasions. Firstly, if you need to liaise with one person or a small team, they are the perfect way to exchange ideas quickly and in real-time. They’re much quicker than email. They can also be suitable for larger conferences; however, consider the aim of the meeting. Are you here to display a product to others, or is the meeting primarily a collaborative approach? Do you want everyone to contribute?

If the answer is yes, then an online meeting is the perfect medium. They’re all about discussion.

As such, the tools available during the meeting are designed to facilitate the exchange of ideas. Virtual whiteboards allow attendees to sketch out their ideas for all to see. If you’re struggling to explain a complicated topic or you want to make notes as you speak, use the whiteboard to draw diagrams and connect ideas. They’re also fantastic for a quick brainstorming session. Meanwhile, screen sharing enables each meeting participant to show their work or to switch slides in a presentation smoothly.

As you might imagine, such meetings are brilliant for connecting with a client half-way around the world (they also save on travel costs). However, the downside comes with the home backdrop, which can look unprofessional to a client. Choose a Zoom virtual background for your next interview with a client, selecting from stylish offices to swanky boardrooms. To give the meeting an exceptionally professional feel, have the entire team use the same backdrop, for a sense of continuity.

When to Use a Webinar?

As mentioned, webinars are designed for big crowds. They’re the virtual equivalent of a conference hall. If the meeting isn’t a discussion, but rather a large-scale presentation: pick a webinar. They prevent any interruptions, allowing a speaker to showcase their product or idea.

People have used webinars for lectures, training seminars, or for a companywide update on progress. However, one concern is often raised: audience participation. While the speaker doesn’t want to be interrupted every minute, they want to keep the audience engaged.
Thankfully, with polls and surveys, speakers can test the mood in the room. Or they can use a curated Q&A to answer questions in real-time, clarifying any confusions.

As promised, you now know the critical differences between online meetings and webinars. Are you planning a cosy collaboration with your team, or do you need to present your product to the world? Either way, you have the tools at your disposal.

StrategyDriven Project Management Article |management mistakes|5 Project Management Mistakes and How to Avoid Them

5 Project Management Mistakes and How to Avoid Them

StrategyDriven Project Management Article |management mistakes|5 Project Management Mistakes and How to Avoid ThemNo matter your company or industry, one thing is true: you’re working on projects. And the truth is that these projects don’t always go well.

In fact, did you know that 70% of organizations have suffered at least one project failure in the last 12 months?

It doesn’t have to be this way. With effective project management, you can stay on top of your company’s various projects and priorities.

But if you’re new to project management, it can be easy to mess up. Keep reading for 6 project management mistakes and how to avoid them.

1. The Goal is Unclear

First and foremost, everyone in your organization needs to understand the goal of your project. What’s the main objective?
Understanding your end result will help make the entire process simpler. If you don’t have this, your project will likely fail.

Think about your ideal final state. What do you want to have done?

Then consider how you will measure the success of your project. Will it be when the website is finished and launched? Perhaps you’ll base success off of results like sales.

No matter the metric, having this clearly defined will make your experience much better.

2. Failing to Manage Project Scope

For many project managers, scope creep is one of the most common management mistakes. Let’s talk about it.

As projects progress, it’s common for you to discover additional tasks that need to get done. Other ideas may emerge. New requests may come in from other stakeholders.

All of this can add to the scope getting out of hand, referred to as scope creep. In definition form, scope creep is adding more features and functionality to a project without addressing the changes to timeframe, resources, and/or costs.

To avoid scope creep from derailing your projects, be sure to have a clear process in place when new asks or changes do come in. Because they will. They always do.

Consider creating a scope document. At the beginning of your project, clearly outline all of the tasks you’re going to complete for this project. Have this agreed upon and assigned by all stakeholders.

Then, as new things emerge, take time as a group to assess the impact to both budget and schedule. If they’re minor, okay. If they’re major, it’s usually best to assign those tasks their own separate project to be completed at a later date.

3. Poor Communication

Whenever you’re working with a group, communication is key. That’s just a given.

But when you’re the project manager, and your job is to make sure things get done at a high level on the right schedule, communicating effectively is even more important.

Set up systems to keep everyone informed and involved.

Will you have a weekly meeting to address progress, roadblocks, and answer questions? Will you communicate via email or a messaging service? What type of project management software will you use and what functionality does it have in terms of communication between team members?

These are all important things to consider. The most important thing is to have clearly defined channels of communication and a regular schedule that people can depend on.

4. Lack of Prioritization

As a project manager, here’s one of the most important lessons you’ll learn: not all projects are created equal.

This means that some tasks are massive and some are small. Some will have a massive impact on the business’ bottom line immediately. Others will take a while to show results.

With so much variation, it’s crucial that you get good at prioritizing.

Take some time to come up with a system that aligns with your organization’s goals. Think about the following things as you prioritize:

  • The impact on revenue
  • The impact on customer experience
  • The long-term impact
  • The amount of resources needed
  • The length of time for the project

To do this, it may be helpful to break projects up into tasks and subtasks. This will help you truly understand the complete scope of projects before you make a final decision on what needs to get done first.

You can also loop in managers from across the department or company to get their input as well. This can be super helpful. Learn more in this post.

5. Poorly Estimating Time and Budget

At the end of the day, time and budget are two of the most influential factors in your life as a project manager. So estimating these incorrectly can completely derail your projects.

It’s easy to overlook potential issues as you’re planning. To avoid this, make sure you include managers as you make plans. They’ll have more context and understanding of the ins and outs of their areas.

Also always plan in some wiggle room when it comes to timeframe and costs. They often are higher than you expect at first.
It doesn’t have to be massive, but include an extra 10% for budget and timeframe. You’ll thank yourself later.

Project Management Mistakes: Avoid Disaster

There you have it: 5 of the biggest project management mistakes you should try to avoid. By avoiding these mistakes, you’ll save yourself and your company a lot of grief.

And your projects will be more successful, meaning great things for your career.

Now that you’ve read through these tips, next it’s time to put them into place. Where do you need the most help? Start there and move on as you go.

Want to learn more about thriving in your career? Check out our blog for additional tips and tricks today.