By John Lavey
Most healthcare companies, small or large, are hard at work on marketing to customers, whether those are consumers or B2B customers. But are they raising awareness or acquiring customers? Are they better at one than the other, or are they doing both equally well?
This excellent piece by Christopher Girardi breaks down the differences between efforts to raise awareness and efforts to acquire customers. His post is primarily focused on marketing efforts by health systems and how important it is to do both awareness and acquisition marketing. And, where possible, to blend them.
At Hammock, we have worked with large health systems that are marketing to consumers, as well as small B2B healthcare companies seeking customers—and we have seen separate, but similar, challenges between B2C and B2B players.
Newer, smaller B2B healthcare organizations tend to be anxious to generate leads and keep them coming in, and think of all marketing efforts as sales support. They are focused on acquisition. Some of those companies overestimate awareness of their brand. And they are underinvested in awareness.
Larger organizations, like health systems, often have siloed departments. One department buys all the media to raise awareness, and there are separate efforts to generate leads. There isn’t a lot of coordination between those efforts. What Girardi’s article shows is that acquisition efforts flourish in markets where there has been adequate attention to awareness. And correspondingly, where efforts to raise awareness sometimes fail is in the lost opportunity to drive awareness directly into an acquisition effort.
What is your organization doing on awareness and acquisition? Are you stronger at one than the other? Do you have lost opportunities?
Image: Getty Images
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