Question Description
Your end product will be a brief overview of a marketing plan for your organization You are expected to demonstrate an understanding and application of basic marketing principles.
Final Project Objectives
1. Understand impact of marketing environments on health services marketing strategy
2. Develop marketing objectives
3. Apply marketing concepts of segmenting, targeting and positioning a health services market
4. Describe a health services organization’s current marketing mix and suggest modifications based on marketing objectives
5. Identify measurements to access the marketing plan’s impact on the health services organization.
6. Demonstrate college-level research and writing skills commensurate with a 300-level course
Power point template
provide an Overview
(name of health services organization)
- General description of the organization, e.g. number of locations, management structure, financial information, etc. (from your research)
- Mission, vision, corporate-level goals and/or objectives (from your research)
- Actual or possible marketing objectives (Refer to Week 2 concepts)
Analysis of the Current Situation
- SWOT Analysis
- Target market description
- Value proposition
1. SWOT analysis
- Use the SWOT worksheet in Course content > Course resources > Marketing Toolbox > How to prepare a Case study > SWOT worksheet and Competitive Analysis Worksheet
- Identify major conclusions from your SWOT analysis, focus on how those conclusions will impact the marketing strategies
- Use as many slides as you need to include all the relevant conclusions and impacts
- Attach completed SWOT and competitive analysis as an exhibit at the end of your presentation
- Refer to Week 2 for more details on SWOT analysis
2. Target market
- Identify the type of consumer behavior that is relevant to your health services (refer to Week 3 concepts). Use the health belief model, if helpful, address the motivation, perception, learning and memory issues if possible. What type of purchase behavior do they exhibit (refer to Week 3 concepts)?
- Address the issue of quality as a factor in the patient/client’s decision process (refer to Week 3 concepts)
- Describe the target market for the health services as specifically as possible (refer to Week 4 concepts). If more than one target market, prepare descriptions for each.
- Use as many slides as you need to adequately cover the topics
3. Value Proposition and competitive positioning
- Describe the health service’s value proposition (refer to Week 4 concepts)
- Describe the health service's positioning strategy (competitive analysis and positioning map will be helpful here)
- Use as many slides as you need to adequately cover the topics
Marketing Mix
- Product
- Price
- Place (distribution)
- Promotion (marketing communications
4. Product strategies
- Describe the health service ‘product’
- Describe the patient ‘experience’
- How does the ‘product’ and the ‘experience’ differ from competitors?
- What is the role of quality in the patient experience?
- Is the product a ‘brand’; if not, would you recommend it build a brand?
- Would you recommend any changes to the health service product?
- Refer to Week 5 concepts
- Use as many slides as you need to adequately cover the topics
5. Price Strategies
- Describe how the price is set for the health care service
- Does the price seem consumer oriented?
- Is the price and quality consistent with a local reference-based pricing database?
- Refer to Week 6 concepts
- Use as many slides as you need to adequately cover the topics
6. Place (distribution strategies)
- Describe the channels used to deliver the service (refer to Week 6 concepts)
- Would you consider the channel system to be a value network and why or why not?
- What changes would you recommend to ensure a value network system?
- Use as many slides as you need to adequately cover the topics
7. Promotion
(marketing communications) strategies
- Describe the communications message and its effectiveness in representing the brand and value proposition.
- What changes would you recommend to same?
- Describe the type of creative strategy used to convey the message? Changes?
- What promotion tools are used? How would you modify those tools based on marketing objectives identified in your Overview and to more effectively communicate to the target market?
- What customer relationship efforts does the health service have or should be put in place to retain patients/clients, create loyalty and referrals
- Refer to Week 7 concepts
- Use as many slides as you need to adequately cover the topics
8. Measurements
Consider the marketing objectives outlined in (1). How would you suggest the marketing activities measure the success of reaching those objectives? List all measurements that may apply, e.g. number new patients, number referrals, increase in revenue, etc.
Conclusions
Use this topic to cover anything else you would like to add such as need for increased budget to adequately make the suggested changes, management’s focus or lack of focus on marketing, etc.
Endnotes
Use a college-level style such as MLA or APA to properly format your endnotes
References
- Prepare a bibliography of all sources used in your presentation using the same style as used for endnotes
- Refer to the UMUC virtual library for help endnoting and referencing
Exhibits
- Optional exhibits such as:
- Completed SWOT analysis
- Completed competitive analysis
- Positioning map
- Financial information
- Creative strategy
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