Email marketing plays a pivotal role for small medical group practices
Group medical practices are competing against healthcare organizations with huge budgets. Using modern marketing tools like email marketing, small healthcare businesses can compete for acquiring new patients while also increasing patient engagement and experience.
Introduction
Email marketing is not the 9th
wonder of the world, but it surely should be up for contention. This wonderful
piece of modern marketing technique is one of the strongest tools that
businesses have today in order to grow their business without breaking the bank.
But it’s not just a matter of cost, without using the internet businesses will
find it hard if not impossible to grow past their initial stages.
Today, it doesn’t matter what
industry you operate in and what services you offer, your customers will be
present on the internet. Today’s customers use the internet to not only choose
who they want to do business with but also to figure out what services they
need in the first place.
While email marketing is just
one small part of the greater digital marketing space, email marketing is often
overlooked for flashier alternatives like social media marketing. After all, it
can be easy to understand why social media marketing is more ‘out there’ and
can have a visible impact on your brand.
But ignoring email marketing
is something that can cost your healthcare business dearly.
Email Marketing 101
Email marketing is a simple concept – sending emails to a group of people in order to convince them to purchase your product or service. This can be in the form of an advertisement email that is sent or just an informational newsletter.
Email marketing is one of the
most effective ways to market a product or service over the long term. Email
marketing has one of the highest returns on investment of any type of marketing
– traditional or otherwise. Email marketing also has a lot smaller capital
requirements when compared to other methods of marketing.
Email marketing can be used to
increase and build loyalty, trust, or brand awareness for a business. For some
industries, like the healthcare industry, proper use of email marketing will
also lead to better customer service and customer experience.
The longer you use email
marketing, the better the returns it will yield. While newcomers face a
distinct disadvantage when it comes to competing, the best time to start any
business is right now. The later a business tries to implement email marketing,
the harder it will be for the business to establish trust and reputation with
customers.
Why email marketing is important
While all of this sounds fascinating, it doesn’t immediately explain why email marketing is great (read: essential) for group medical healthcare practices. Let us explain why.
Group medical healthcare
practices are made up of two or more healthcare professionals coming together
to pool their resources and expertise while dividing costs and responsibilities
for running a medical practice. Most group practices today are small practices,
made up of just two to five medical professionals. While a group practice enjoys
plenty of advantages over solo practice, they are in the unfortunate position
of trying to compete with large consolidated healthcare organizations like
mega-hospitals and hospital chains.
These consolidated healthcare
organizations are pumping in unimaginable amounts of resources in order to
acquire newer patients, through marketing, advertising, and other forms of
customer outreach. For these organizations with their massive budgets, they are
able to spend extraordinary amounts on acquiring patients and building their
reputation. These organizations are also able to recoup all of the costs
through expensive medical treatment.
Group healthcare
organizations, even the biggest ones which are far from the most common
representatives, cannot hope to compete with these massive organizations when
it comes to just capital expenditures. Group practices have more modest
advertising and marketing costs but at the same time, they can’t just ignore
marketing, either, if they want any hope of attracting new customers.
That is where email marketing
comes in to help group healthcare practices. Email marketing helps group
practices with getting new patients while keeping advertising and marketing
costs low at the same time.
Email marketing for
healthcare organizations also allows a healthcare
business to establish critical brand awareness in their customers, building
loyalty, trust, and engagement even outside the standard-setting within the
premises of the businesses themselves.
Conclusion
In today’s business environment, companies need to be on the lookout for any competitive advantage that they can have. For an industry like healthcare, where margins are small and competition thriving, this is especially true. Email marketing offers healthcare businesses the opportunity to be receiving several benefits in a single package for a relatively small cost.
If you are not using email
marketing, you will lose patients to someone who does. Group healthcare
practices need to get with the times and ensure that they are using modern
marketing techniques in order to grow their business.
BraveLabs is there to help healthcare
organizations in implementing email marketing into their business and reap all
the benefits that follow. Whether you are a small group practice or a large
organization, BraveLabs has the
perfect healthcare email marketing strategy to
help you.
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