Healthcare Marketing ROI
It seems that so much of the data out there on healthcare marketing tells one thing unequivocally: That digital marketing activities matter. And that’s fair enough, right? Afterall, we’ve all seen stats that say something like, “77% of all patients begin their quest for healthcare information using a search engine.” Or that “62% of patients use third-party rating sites.” Or even that “53% of physicians now have a Facebook page.”
By now, everyone has heard that digital marketing is key to the current and future success of virtually every healthcare organization. But where’s the data that says definitively, for example, which search terms you need to dominate as part of your coordinated SEO strategy? Or how to drive more conversions through your website; or which digital marketing functions really provide the most “bang for your buck?”
That’s the sort of data we have to share with you today. So read on for some supremely telling data points for healthcare marketers. We’re talking the kinds of insights that will help shape decision making within your organization,
- Justifying your digital marketing initiatives
- allocating your marketing budget
- prioritizing spending in order to optimize results and ROI.
Healthcare Marketing Stat #1)
A full 44% of patients who search for a healthcare provider using their mobile device schedule an appointment, versus only 34% of computer-only searchers
Consistent with the times, phone calls and drop-ins are both becoming a thing of the past, and more and more conversions are coming from “non-traditional means,” including websites and mobile apps. New and prospective patients may spend two weeks or more, including multiple searches and website visits, looking for a physician or hospital provider, according to a highly informative report compiled by Google that helps illustrate just how powerful a role search and mobile technology now play in a patient’s decision-making process.
These “non-traditional” patients are serious, though, and perhaps surprisingly, they’re decisive, as evidenced by the above stat that 44% ultimately set an appointment. That’s a conversion rate a full 10% higher than computer-only searchers, which tells us that to increase website conversions and attract patients in this, the digital age, healthcare marketers must:
- Optimize for mobile users: They’re not just browsing casually. Mobile users are ready to take swift action, so make it easier for them by offering a clear and concise mobile site and/or app that includes a scheduling tool, important patient information, and access to medical forms. And, to greatly benefit conversions…
- Embrace the power of video: Mobile users exhibit a much higher demand for video (35%) than laptop and PC users (only 10%). So to round out your mobile site especially, don’t forget to include an engaging and informative video to help secure more of those all-important conversions.
- Get noticed using SEO & paid search: For making initial connections and even securing conversions, SEO and paid search are being called “indispensable in (the) patient journey.” Patients who booked appointments conducted three times more searches than other patients, proving undeniably the importance of SEO and paid search spending in order to corner the key search terms for your practice and prospective patients. What terms are those, you wonder? Well, look no further…
Healthcare Marketing Stat #2)
Each patient creates their own, unique search path, but 75% search for specific symptoms, diseases, or medical conditions before choosing a provider
So what is most, high-quality, prospective patients searching for? Well, consider this data, also from Google, which shows that an overwhelming majority—more than 80%—of patient searches include targeted medical and “non-branded” keywords. One of the most common misconceptions about SEO and paid search marketing is that to attract the most exposure and clicks, you should cast the widest net, targeting generalized keywords like “Doctor in Duluth,” “Family Dentists,” or even “branded” terms like the name of your hospital or practice. But to maximize ROI from SEO and paid search marketing, the aim is to appeal to the best patients, not necessarily the most.
This suggests that to get noticed by the patients you want, when and where you want them, you must allocate a healthy portion of your SEO and paid search spending to “own” keywords like symptoms and medical specialties (e.g. a toothache, knee pain, cardiology), and conditions and diseases (arthritis, fibromyalgia, plantar fasciitis, etc.).
In addition, the high demand for these keywords should be a key factor in the content creation and development processes, as successfully creating content around your desired keywords will:
- Make for excellent link destinations for your SEO and paid search ads, and…
- Create a positive first impression among patients by establishing you, the producer, as a trusted authority on the subject(s)
And finally, one last item of advice would be to feature a clear call to action on all destination and content pages in an effort to capture prospective patient’s e-mail address and transform site visitors into qualified leads, or contacts, as is the power of inbound and digital marketing.
Healthcare Marketing Stat #3)
In general, for every $1 invested in Email marketing, the average return is $44.25
That’s more than 4400% ROI, a level of return that no other tactic in the history of mainstream or digital marketing can touch. So how does e-mail marketing still perform so well given the estimated 121 e-mails that all of us, as consumers, receive every day? E-mail marketing, while certainly not the newest of all digital marketing tools, is still the most profitable…and in fact, it’s not even close. Marketers in other industries like retail have been known to derive $38 for every dollar spent on e-mail marketing activities, and for healthcare, it’s even higher: A staggering $44.25 (Source).
Well, for marketers, e-mail is very inexpensive to send; new software and automation programs make it easy for marketers of any size to use; it’s checked frequently by patients on both PCs and mobile devices, so it gets seen; and it integrates well with other digital marketing tools like webinars and video, articles and special reports, and even in-person events.
And for us e-mail recipients, while it’s true that we’re inundated with e-mail, we don’t hate receiving all of it; just the “junk” that we don’t care to read. Whenever our own health is the topic, though, and we stand to derive real health benefits from the information found in your e-mails, the majority are happy to hear from you.
What follows is some high-performing e-mail content that patients are most eager and willing to read:
- Medical Information: Current or prospective patients who visit your website for information on heart disease would likely appreciate if you sent them via e-mail, for example, related articles and/or video on how to reduce bad cholesterol, or a white paper explaining your recommended “heart-healthy” diet. When used wisely, e-mail is an excellent tool for educating and informing patients by way of valuable content that’s tailored specifically to their unique needs.
- Healthy Living Tips: Modern-day patients, and especially Baby Boomers, are committing to healthier lifestyles and see their physicians as active partners in ensuring their ongoing wellness. Periodic updates or even a monthly newsletter sent via e-mail and containing timely, health-related information and advice on everything from stretching and disease prevention, to facts about aging and healthcare, is seen as a consistent driver of value that’s in high demand among members of this audience.
- Reminders & Follow-up: Physicians and hospitals are beginning to use the power of e-mail to increase efficiency and provide better care and service to patients. Everything from appointment and payment reminders, to follow-up messages and patient surveys, are being delivered via e-mail, saving not only time and efforts of medical and office personnel but also shortening patient wait times and providing more attentive care.
If you want to learn more about Healthcare Marketing, call our Marketing Agency.