External Marketing gs Media: Paid, Earned, Owned, red and How to Apply o Your Practice w* *President, Market Mentors, LLC, ays a significant role in two key areas of medical practice 155 Brookdale Drive, Springfield, MA 01104; phone: 413 787-1133; e-mail: me growth and patient retention. However, because the michelle@marketmentors.com. exposed to about 30,000 messages daily, it can be difficult Copyright © 2019 by Greenbranch Publishing LLC. lutter. One strategy is to understand and deploy a variety ncluding paid, earned, owned, and shared—in combination results. The author discusses the different types of media, d challenges they present, and best practices for engaging owth. Here’s how to understand these tools and All Things Media: Paid, Earned, Owned, and Shared apply earned them tomedia; your ng; advertising; public relations; paid media; edia. practice. By Michelle Abdow Reprinted with Permission from keting plays a significant role inThe Journal of Medical Practice Management, reas of Mar/Apr medical2019, practice managepgs 289-293 copyright 2019 Greenbranch Publishing, LLC, ume growth and patient retention. (800) 933-3711, www.greenbranch.com. because the average consumer is plays a 00 messages daily, itedia canmarketing be difficult significant role in two tter. One strategy iskey to understand areas of medical of types of media—including paid, practice management: volume growth ared—in combination to obtain and the pa- M Marketing: © Mast3r | Dreamstime.com tient retention. However, because the average consumer is exposed to about 30,000 in messages it canmedia be difficult unnel shown Figuredaily, 1. Paid to cut through the clutter. One strategy ents intois the funnel by first of to understand andcreating deploy a variety types of media—including paid, earned, tice, and then interest in it. Earned owned, and shared—in combination to erest and increases practice’s obtain the desired the results. Consider the sales funnel shown in atients are ready to make a decision, Figure 1. Paid media draws prospective he practice. Owned media provides patients into the funnel by creating first mation, drawing the inawarenessthem of thedeeper practice, into and then terest in it. Earned media adds to the inmedia and digital advertising inspire terest and increases the practice’s cred- y by scheduling an appointment. Figure 1: Combining a variety of media types in combination drives results.in combination Continued on page 74 Figure 1. Combining a variety of media types drives results. www.podiatrym.com AID MEDIA JANUARY 2020 | PODIATRY MANAGEMENT in a variety of media, but without a focused message and 73 externaL marketing 290 Medical Practice Management | March/April 2019 Media (from page 73) ibility. So, when patients are ready to make a decision, they are familiar with the practice. Owned media provides them with more information, drawing them deeper into the funnel, where shared media and digital advertising inspire them to act—hopefully by scheduling an appointment. 74 Paid Media Paid media is advertising—paying to promote a practice’s services or products. On the plus side, advertising offers immediacy, scale, and control. If not done well, however, it may simply add to the clutter, costing practices money without much Figure Weekly usage based on entire the entire U.S. population. Total reward. Figure 2:2.Weekly TVTVusage based on the U.S. population. (Source:(Source: Nielsen, Nielsen, Total Audience | Report Abdow All Things Med Audience Q1, 2017.) Report Q1, 2017.) A common error in advertising is to default to a “spray and pray” approach, spending a lot of money on placement in a variety of media, but media they watch or listen to the most, even when t whoand we reach. without a focused message tar- It is just as important to refine the target as it is to refine the message. For example, a aren’t in their own target audience. Data and syndica geted buy. Most practices audience have limithealth practice will not want to spend advermedia measurement allows us to home in on the prim ed advertising budgets, so women’s the impact tising dollars on a medium that attracts a young male demographic without personal bias, which gives the p of each dollar should be considered audience. tice the biggest bang for their advertising buck. carefully. The three essential compo77 Frequency tells us how often the target audience will be There are a wide variety of paid media platforms to c nents of effective paid advertising are exposed to the ad. The “rule of seven” is an old marketsider. Here are the most common, each of which offer reach, frequency, and message. ing adage that says a prospect needs to see or hear a own set of benefits: marketing message at least seven times before he or she 77 Television: Television advertising continues to be • Reach tells us the number of takes action (and with the media saturation that exists top form of media—offering sight, sound, motion, people in the target demographic that today, that number is likely much higher now). Ademotion—with adults overall spending almost 35 ho we are sharing the message with— vertisers become tired of a campaign long before their per week tuned in (Figure 2). It is also relatively e basically, who we reach. It is just customers do, as it only gets through to the customers to target key demographics using syndicated me as important to refine the target aua limited number of times and amidst a lot of competmeasurements. dience as it is to refine the message. ing messages. Resist the urge to constantly change your 77 Radio: Terrestrial AM/FM radio remains the cen For example, a women’s health pracbranding and messaging. Patience pays off. piece of audio advertising, accounting for 51% of au tice will not want to spend advertis77 Message is what is being said and how it is being said. time spent among persons aged 18 and over (Figure ing dollars on a medium that attracts Take a minute and try to think of a slogan of a wellThis compares with only 6% for Pandora, 5% for Sir a young male audience. known brand. Perhaps Nike’s “Just do it” came to mind. 1 4% Research. for(Edison Spotify. It relatively easy to ta Figure Audio among persons 18 and older. Research. Share of Figure 3:3.Audio timetime among persons aged 18aged and older. (Edison Share of is ear.also Q3-Q4 2016, Or maybe the line made famous byQ2 MilkPEP (Milk Proear. Q3-Q4 2016, 2017. Persons 18+.Spoken Siriuskey FM:demographics, Ad-Supported: Spokenlisteners Word, Adbecause tend to be loya Q2 2017. Persons 18+. Sirius FM: Ad-Supported: Word, Ad-Free: Music.) • Frequency tells us cessor how often Education Program) Free: Music.) in its national campaign: radio stations. the target audience will be exposed “Got milk?” What do these messages have in common? Print: Although the death of printrather media is proclaim Message is else, what is being said 77 deliver to the ad. The “rule of seven” an catchy,•and, one, focused message They’reisshort, above all concise. Trying often,a ithandful remainsthey the most trusted form of paid me and how it is being said. Take a minold marketing adage that says a prosthan will gloss over. to communicate too many messages doesn’t do anyand does best with an older demographic, often a and try toConsumers think of ahave slogan of a pect needs to see or hear athing marketing but confuseute an audience. a short target audience for medical practices. well-known brand. Perhaps Nike’s message at least seven times before Ideally, syndicated media meaattention span, so it is often better to deliver one, foDigital: Online using Google “Justthan do ait”handful came they to mind. Or over. maybe 77 surements, he or she takes action (and with the rather likeadvertising Nielsen TV and Niel-Adwords, Fa cused message will gloss book, or other platforms allows targe the line made famous by MilkPEP media saturation that exists today, sen Audio, should be used to exceptional deterand tracking capabilities. Although television still rei Ideally, syndicated media measurements, like Nielsen (Milk Processor Education Prothat number is likely much higher mine reach and frequency. All too overall, Figure 4 shows that digital is gaining tract TV and Nielsen Audio, should be used to determine reach gram) in its national campaign: “Got now). Advertisers become tired of a often, advertisers want to buy the and customers frequency. All milk?” too often, advertisers want to buy the exceeding television age 18–34 demographic What do these messages have campaign long before their media they watchfor orthe listen to the do, as it only gets through to the customers a limited number of times and amidst a lot of competing messages. Resist the urge to constantly change your branding and messaging. Patience pays off. in common? They’re short, catchy, www.greenbranch.com and, above all else, concise. Trying to communicate too many messages doesn’t do anything but confuse an audience. Consumers have a short attention span, so it is often better to JANUARY 2020 | PODIATRY MANAGEMENT most, even when they aren’t in their own target audience. Data and syndicated media measurement allows us to home in on the primary demographic without personal bias, which | 800-933-3711 Continued on page 75 www.podiatrym.com externaL marketing Media (from page 74) gives the practice the biggest bang for their advertising buck. There are a wide variety of paid media platforms to consider. Here are the most common, each of which offers its own set of benefits: • Television: Television advertising continues to be the top form of media—offering sight, sound, motion, and emotion—with adults overall spending almost 35 hours per week tuned in (Figure 2). It is also relatively easy to target key demographics using syndicated media measurements. • Radio: Terrestrial AM/FM radio remains the centerpiece of audio advertising, accounting for 51% of audio time spent among persons aged 18 and over (Figure 3). Avoid throwing money at new opportunities because they are shiny and new, and instead go with what is tried and true. This compares with only 6% for Pandora, 5% for Sirius, and 4% for Spotify.1 It is also relatively easy to target key demographics, because listeners tend to be loyal to radio stations. • Print: Although the death of print media is proclaimed often, it remains the most trusted form of paid media, and does best with an older demographic, often a key target audience for medical practices. • Digital: Online advertising using Google Adwords, Facebook, or other platforms allows exceptional targeting and tracking capabilities. Although television still reigns overall, Figure 4 shows that digital is gaining traction, exceeding television for the age 18–34 demographic. • Billboards: Billboards offer high visibility and frequency for commuters who pass by every day. They work best in conjunction with other forms of advertising. When determining the best paid media platforms to promote a medical practice, it is important to be aligned with the practice’s primary audience. Avoid throwing money at new opportunities because they are shiny and new, and instead go with what is tried and true. Earned Media Earned media is public relations. Through press releases, media alerts, and relationships with the media, it Continued on page 76 www.podiatrym.com JANUARY 2020 | PODIATRY MANAGEMENT Figure 3. Audio time among persons aged 18 and older. (Edison Research. Share of externaL marketing ear. Q3-Q4 2016, Q2 2017. Persons 18+. Sirius FM: Ad-Supported: Spoken Word, AdFree: Music.) Media (from page 75) 76 is possible to gain exposure in news segments, feature stories, and bylined articles. This can help to position the practice’s experts as thought leaders in their field, and thus build awareness of and credibility for the practice. Most medical practices will want to work with an agency on earned media, because it has a lexicon and style all its own, and it takes time to nurture relationships with members of the media. Unlike advertising, there is no cost for the coverage—just time and effort. Done well, the result is a third party promoting the practice, enhancing its credibility, and providing the practice with shareable content for use on its website to enhance search engine optimization. Figure Digital advertising of average time per adult on U.S. Figure 4:4. Digital advertising share share of average time spent per spent adult based on U.S.based population. (Source: (Source:Report Nielsen, Total Audience Report Q4, 2016.) Earned media can be a challenge population. Nielsen, Total Audience Q4, 2016.) because there is little control of the message and no guarantee the media to aim for the sweet spot—the inmedia’s audience. Successful earned 77 Billboards: Billboards offer high visibility and frequency will pick up the story. The key to tersection between what’s in it for media benefits both sides. EARNED MEDIA for commuters by every They in work bestthe in pitching to the media effectively is who thepass practice andday. what’s it for Continued on page 77 Earned media is public relations. Through press conjunction with other forms of advertising. media alerts, and relationships with the media, When determining the best paid media platforms to sible to gain exposure in news segments, featur promote a medical practice, it is important to be aligned and bylined articles. This can help to position the p with the practice’s primary audience. Avoid throwing experts as thought leaders in their field, and th money at new opportunities because they are shiny and new, and instead go with what is tried and true. awareness of and credibility for the practice. www.greenbranch.com | 800-933-3711 JANUARY 2020 | PODIATRY MANAGEMENT www.podiatrym.com externaL marketing Media (from page 76) It also is imperative to be available when a writer, editor, or other news person responds, even if the time does not align perfectly with the practice’s busy schedule. Members of the media often are working on tight deadlines, and if they don’t receive a quick response, they will reach out to someone else to provide commentary, which could be a competitor or someone providing a contrary point of view. Once reporters, editors, and producers have an expert as a contact, they are more likely to call back for other stories. Repeat appearances and regular guest columns often are the result of successful media outreach, which catapults awareness of the practice. For medical practices, occasions for press releases and media outreach may include any of the following: • A new procedure, service or technology, particularly if it is new to the local market; The practice’s website should be considered the “front door” of the practice, because it is often the first place a patient interacts with the practice, and first impressions count. • New staff hires, especially if they expand the capabilities of the practice; • Events, clinics, screenings, and promotional activities; • Accreditations and awards; • News with a seasonal tie-in, like flu season, spring allergies, or national recognitions such as Foot Health Awareness Month in April; • Topical news, providing a local perspective on national or regional health news; • Corporate social responsibility—if, for example, the practice staff donates time, support, or funds to a worthy cause; and • Success stories featuring patients who are willing to be featured. Although it is difficult to measure the effectiveness of many public relations activities, the credibility provided by earned media can prove invaluable in overall strategy and long-term planning. Owned Media Most medical practices already own some media, including their website, brochures, mailers, and blogs. These are assets the practice manager controls that can be used to help build long-term relationships with existing and potential patients. They offer longevity and Continued on page 78 www.podiatrym.com JANUARY 2020 | PODIATRY MANAGEMENT externaL marketing Media (from page 77) 78 the ability to reach niche audiences. However, they can be difficult to disseminate without the benefit of a plan that incorporates other forms of media used in combination to maximize their effectiveness. Owned media is valuable in that the practice controls the content: messaging, tone, and appearance. Practice managers should take stock of all of the owned media they are currently using, and evaluate each piece asking the following questions: • Do the materials portray the practice’s brand in a positive and professional manner? • Are the materials consistent in tone, style, and branding? • Are the materials accurate and helpful to potential or current patients? One of the most valuable pieces of owned media is a practice’s website, so it is worth investing the time and resources to ensure that it is done well and maintained reg- asked questions; and • Make it easy to take the next step, whether that is scheduling an appointment or asking for more information. Beyond these basics, practices will want to maximize search engine The best marketing strategies encompass all things media, because each can effectively reinforce and bolster the others. optimization by ensuring the site is updated regularly with fresh content, such as a blog, news, or other features. Shared Media Shared media, also referred to as social media, can provide a personal approach to promoting a medical practice. It allows practices to develop relationships with their patients by becoming a trusted resource, which can help grow loyalty Social media can also be a huge time-suck for a medical practice, because it is important to maintain a consistent presence, monitor it daily, and respond to comments and posts, both positive and negative, promptly. ularly. It should be considered the “front door” of the practice, because it is often the first place a patient interacts with the practice, and first impressions count. Every practice’s website should: • Offer simple, easy-to-use navigation; • Contain the basic information patients are looking for, with provider biographies, location, phone number, hours of operation, how to schedule an appointment, services offered, and so on; • Be mobile-optimized for users on phones and tablets; • Provide answers to frequently to a specific medical practice’s audience, or appropriate for the types of information a medical practice would share. Social media can also be a huge time-suck for a medical practice, because it is important to maintain a consistent presence, monitor it and provide easily tracked analytics. It also offers a great, no-cost way to share paid, earned, and owned media. However, without a clear understanding of the many social media platforms—Facebook, Twitter, LinkedIn, Instagram, YouTube, and more—it can be easy to miss the mark. Each platform continues to evolve, and a practice’s social media plan needs to keep pace. It is important to understand that the platforms are not the same, so the way to communicate on them must be different as well. Furthermore, not all platforms are relevant JANUARY 2020 | PODIATRY MANAGEMENT daily, and respond to comments and posts, both positive and negative, promptly. If a practice has the time and expertise to be effective on social media (or an agency that can help), Facebook usually is the most appropriate platform to consider. Of course, patient privacy and HIPAA are important concerns for practices, so a social media policy that prohibits the sharing of protected patient information is essential. Conclusion The best marketing strategies encompass all things media, because each can effectively reinforce and bolster the others. Strategically placing paid media in concert with earned news coverage and sharing it through owned and social media channels is an art all its own. By deploying a strategy that encompasses all things media, practice managers will enjoy more opportunities to grow their practices. PM Reference Edison Research. Share of the Ear, Q3-4 2016, Q 2 2017. Persons 18+ Sirius XM: Ad Supported: Spoken Word. AdFree: Music. edisonresearch.com. 1 Ms. Abdow is President of Market Mentors, LLC. in Springfield, MA; e-mail: michelle@ marketmentors.com. www.podiatrym.com