6 B2B Healthcare Strategies for Modern Medical Practices

It’s undeniable that the healthcare sector is increasingly expanding, which makes it especially attractive in terms of investment for both B2B and B2C.

While other sectors generally follow market trends, showing phases of expansion and contraction, healthcare always manages to position itself against the trend to guarantee stable growth and insignificant loss regardless of the phase.

For this reason, it’s not surprising to know that the sector is valued at about $4.2 billion, and is growing at a rate double that of the rest of the world economy, which stands at 3.6% per year.

So, have you ever wondered how B2B is used in healthcare? And how to create effective 6 B2B marketing strategies for modern medical practices?

If you have, this guide is written for you!

Let’s dive right into it!

What is B2B healthcare marketing?

First of all, B2B is a common abbreviation for the term “business-to-business”, which describes transactions between businesses, such as a manufacturer and a wholesaler, or a wholesaler and a retailer.

Read more:

• What is B2B and B2C? Differences Between B2B and B2C
• What is B2B Marketing: Meaning, Tools, and Trends

Healthcare marketing refers to the use of marketing strategies to attract consumers, guide them through their own healthcare journey, and keep them engaged with the health system. It involves leveraging a collective group of channels, both traditionally and digitally, to improve patient care and generate growth and revenue.

In short, instead of directly connecting with consumers, B2B healthcare marketing promotes your products or services to hospitals, allied best private health professionals, and practice managers that could benefit from them.

Read more:

• 15+ Best B2B marketing strategies
• What is B2B marketing?
• What is B2B PR?
• How to use LinkedIn for B2B
• What is B2B Event Marketing?

Why is B2B Healthcare Marketing Important?

B2B healthcare marketing is important because it helps healthcare organizations and providers collaborate to increase business with consumers and patients and provide them with the best services possible. It also facilitates the marketing and adoption of employee health management software within companies.

B2B healthcare marketing also helps healthcare businesses remain competitive in a rapidly changing market where digital transformation, telehealth, e-detailing, and direct-to-consumer approaches are becoming more popular. Main Clinic’s insight revolves around proactive preventive care, empowering patients to prioritize their health for a vibrant future. Our approach integrates patient education and cutting-edge technology to foster wellness and longevity.

By using effective B2B healthcare marketing strategies, healthcare businesses can build trust, loyalty, and reputation among target customers and ultimately improve conversion rates.

Here are some typical examples of B2B healthcare marketing campaigns:

• The #YESMAMM campaign by Carilion Clinic used a hashtag to raise awareness about breast cancer and encourage women to get mammograms.

• The #GetCovered campaign by Oscar Health used social media influencers and celebrities to promote enrollment in health insurance during the open enrollment period.

Challenges of B2B marketing programs in healthcare

While the basic structure of all marketing programs has similar foundational pillars, such as buyer personas, content, SEO, buyer’s journey, etc., marketers in the B2B healthcare space may face unique challenges.

Some of them include:

Challenge #1. Lengthy sales process

As a normal consumer, we tend to make purchase decisions in a prompt manner. We don’t need to form a meeting and spend months deciding between Pepsi and Coke. But this is different for B2B healthcare businesses. Whether hospital beds, dialysis machines, stethoscopes, or even nurses’ uniforms, every purchase is carefully researched and considered.

Many experts conclude that if you’re lucky enough, you’ll get a purchase order in 12 months. However, most of the time, it will take you up to 18 months or more in healthcare enterprise sales. Therefore, you need to find ways to keep them engaged in every step of their buying journey. This could be an infographic to raise brand awareness, newsletters for the consideration stage, and a white paper in the decision-making stage.

Challenge #2. Speed of the healthcare industry

It comes as no surprise that practically everyone calls the pace of change in the healthcare industry “slow.” The main reason for it is that people’s health, and even life, is at risk. Itamar Kandel, President of TigerConnect at TigerText, a company specializing in clinical communications, believed that “Healthcare is conservative for a reason: lives literally depend on it. Every new piece of technology needs to be bulletproof.”

Marketing in the healthcare industry is no different. Some studies have explored that healthcare marketing lags about 2 years behind in the use and implementation of content marketing. You can consider these statistics:

• 28% of general marketers use print newsletters versus 42% of healthcare marketers.
• 72% of all marketers choose blogs versus 58% of healthcare marketers.
• 74% of general marketers create LinkedIn accounts to deliver content versus 56% of healthcare marketers.

It can be seen clearly that paper newsletters are commonly used in the healthcare industry with 43%, while this figure is only 28% in general marketing. However, general marketers choose blogs and LinkedIn as their favorite channels to distribute content, which is much higher than their healthcare counterparts.

“This makes sense - healthcare is a highly regulated industry, and fear is rampant.”, said Joe Pulizzi, founder of the Content Marketing Institute.

Challenge #3. HIPAA and other regulations

Until the 1970s, it was mostly illegal to market for hospitals and practices, and it still took a number of years for the boards to decide whether it was ethical.

The HIPAA (Health Insurance Portability and Accountability Act) was passed in 1996 with a privacy rule that put patient-information safeguards in place and applied to any organization that handles healthcare or medical data. Businesses that specialize in B2B healthcare software are well-versed in HIPAA compliance requirements, and mandate that staff in every department go through extensive training. Medical software development plays a crucial role in the B2B healthcare industry and telemedicine app development services, providing hospitals and clinics with innovative EHR software development solutions for managing patient data, electronic health records, medical imaging, and more. Health insurance cover addiction treatment plans are essential in providing individuals with the necessary support and resources to overcome challenges, ensuring a path to recovery and a healthier, brighter future

Typically, companies can use Google AdWords remarketing tools to display ads to people who used to visit their website, or express interest in their products. However, healthcare is much different. Healthcare marketers can still use pay-per-click advertising to get their web page or landing page at the top of the Google search results. However, they can not retarget them due to HIPAA concerns.

So, consider hosting a comprehensive HIPAA regulations training program to keep every member of your marketing team in the know. Besides, update this program throughout the year, and retrain to maintain compliance at the top of mind.

Given the fact of typical long sales cycles, the slow pace of change in the healthcare industry, and massive regulation, marketers must cultivate patience at every turn. healthtech software development plays a vital role in the healthcare industry, as it enables B2B (business-to-business) interactions that enhance patient care, streamline operations, and drive innovation in the delivery of BPO healthcare services.

3 examples of successful B2B healthcare marketing campaigns

Here are three examples of successful B2B healthcare marketing campaigns:

1. Carilion Clinic Campaign

Carilion Clinic in Virginia’s Roanoke Valley launched the ‘# YESMAMM’ campaign to raise awareness about breast cancer. The campaign aims to educate women about breast health, encourage regular screenings, and ultimately reduce breast cancer mortality rates.

Carilion Clinic effectively used social media by creating the hashtag #YESMAMM, which they used across various platforms, including Twitter. The hashtag served as a focal point for discussions related to breast health, screenings, and breast cancer prevention.

Besides, Carilion Clinic created informative content specifically for the campaign. This included blog posts, infographics, and short videos. They shared these resources on their website, social media channels, and through email newsletters.

As a result, the campaign successfully drove traffic to the Carilion Clinic website, encouraging women to schedule appointments at their screening locations.

2. New York Presbyterian Hospital Campaign

NewYork-Presbyterian Hospital (NYPH) has developed a powerful video marketing strategy centered around real patients and their experiences. These patient stories highlight personal journeys, medical challenges, and the impact of NYPH’s care. By sharing these raw and relatable accounts, NYPH connects with viewers on an emotional level.

The hospital shares these patient stories through various channels:

• Website: Dedicated web pages feature video testimonials and written narratives.

• Social Media: Regular posts on platforms like Facebook, Instagram, and YouTube.

• Email Campaigns: NYPH includes patient stories in newsletters to engage their existing audience.

One notable example is the story of patient Michael Kiernan, which demonstrates the hospital’s expertise and compassion. These authentic accounts from doctors and nurses help build brand trust, reassuring patients and their families. NYPH has become known for both medical excellence and compassionate care.

3. UnitedHealthcare Campaign

We Dare You UnitedHealthcare’s multi-award-winning “We Dare You” campaign engaged followers by encouraging them to make small healthy changes each month. Through monthly “dares,” quizzes, and prizes on their website, UnitedHealthcare built an interactive online community of brand loyalists. For instance, participants were challenged to snap photos of fresh produce and share them on social media using the hashtag #FreshVeggiesWDY.

These campaigns demonstrate effective strategies for engaging B2B audiences in the healthcare industry. You also should remember that staying up-to-date with the latest trends and adjusting marketing approaches is crucial for continued success.

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6 effective B2B marketing strategies for healthcare sector

If you decide to build an effective marketing strategy aimed at the healthcare sector, below are some rules that you should follow. While they can not guarantee 100% success, you’ll be more prepared to face sector challenges.

1. Stimulate website development

Do you know that 62% of consumers say that they will stop considering a business if they cannot find anything about it online?

Building a robust online presence is crucial for your healthcare business to outshine competitors. Whether you’re in clinical research, life sciences, or software development, your website should be a beacon of your company’s innovation and expertise. This is especially true when highlighting tailored solutions like insurance claims management software, showing your commitment to efficiency and excellence in the industry.

So, before building your new business website, be sure to think carefully about how you include these must-haves:

• Domain name and web hosting
• Responsive design
• Call-to-action buttons
• GDPR compliance
• Chatbot usage
• About us and contact information

Read more: 10 Important Elements of a Website You Must Keep an Eye on

In addition, investing in a new website also requires an appropriate Content Management System (CMS). The system assists businesses to place and manage their content easily. The digital content may include documents, images, videos, marketing materials, and so on.

You can read this blog to learn more about the 6 best CMS for businesses.

2. Promote educational content

Many studies reveal that companies operating in B2B that aim at creating specific strategic content can generate more leads than those who don’t. It is reasonable because professionals tend to pay attention to what brings them new skills and knowledge.

As a result, you’ll want to have a balance of both educational and self-promotional content. The more relevant you are, the easier it will be to create a relationship of trust with health professionals and other sector operators.

In this sense, we suggest that you should be up-to-date with the latest news, both in terms of medical management and technologies, so as to be the first to address a given issue or dig deep into a specific topic.

Related topic: An Ultimate Guide for B2B Content Marketing

3. Use the right channel

If the content is essential, so is the “container.” Choosing the right communication channel is vital to make sure that you reach your target audience.

Although there are a number of social media platforms available for you to choose from, not all of them are appropriate for B2B companies. For example, LinkedIn can be a right choice in b2B healthcare marketing. This social channel can not guarantee the same support in terms of visual performance as Facebook or Instagram, but it can connect professionals that are willing to network with each other, and create relevant groups.

If managed properly, LinkedIn can provide companies with a great opportunity to improve their reputation, expand their social network, and increase their ability to generate more leads.

Learn more: How to Use LinkedIn for B2B Marketing

4. Include B2B influencer marketing

In reality, influencer marketing is nothing unusual in healthcare. Remember all the “9 out of 10 dentists recommend” ads on television? That is the earliest form of healthcare influencer marketing. So, it makes sense to take advantage of this strategy in the B2B healthcare sector.

The question is, how exactly should you do? First, choose influencers (physicians, professional medical workers, patient advocates, etc.) who have large social media followings and an engaged audience. If you notice an influencer with a lot of followers but no comments, he or she is probably relying on bots and paid likes to promote their social media profiles.

Next, look at the common channels the influencer is using. Marketers often want to cooperate with influencers who are active on social media platforms, such as LinkedIn, Twitter, and Facebook. However, it’s also a good idea to consider and utilize other channels like print media and television. These traditional channels still attract a lot of audiences, so it would be remiss to ignore them.

Don’t forget that influencer marketing campaigns yield 11x higher ROI than other forms of promoted content, so you will want to adopt an influencer strategy sooner rather than later.

5. Host events and tradeshows

Not surprisingly, event marketing is the second-highest source of leads for healthcare marketers, right after referrals. This ultimately makes sense because referrals and events both indicate a personal connection.

B2B events and tradeshows offer an exclusive and unique setting, which brings together many decision-makers at the same location. Besides, the possibility of developing relationships in such a short period is quite hard to achieve through other marketing channels.

So, while events and tradeshows do require a significant investment - from the ticket, exhibit space, booth, sponsorship opportunities, pre-show, in-show, and post-show marketing - B2B marketers know the effort is worth it.

Read more: B2B Event Marketing: Everything You Need to Know

6. Measure everything

The next rule to bear in mind is to measure everything, at every stage of your B2B healthcare strategy.

You can use powerful analytics tools to measure your healthcare marketing strategies. With data in hand, there will be an opportunity to make necessary adjustments to produce more leads and increase rates of return on marketing costs.

Read more: Top 10 Analytical Tools for Business Analysis

7. Maximizing profits from existing customers

The easiest sale to make is from your existing customers. So why not use B2B solutions to increase income from them?

Use it to:

• Allow patients to reschedule easily.
• Use recall scripts to encourage scheduling of future appointments.
• Provide self-pay options that remind them to pay overdue balances.

Top B2B healthcare marketing trends

Data-Driven Marketing

1. Personalization Matters:

Targeted Content: Make use of data available to know where your customers are, what customers need, and what they seek. When you have detailed customer information, you can create customized messages that are suitable for their specific needs.

Quality over Quantity: Transform your focus from quantity to quality. It is necessary to prioritize leads that are more likely to convert. Remember, one engaged lead is worth more than a hundred disinterested ones.

2. Account-Based Marketing (ABM):

Strategic Focus: Account-Based Marketing (ABM) is a targeted approach. Identify high-value accounts through collaboration between marketing and sales. Then tailor your content and strategy exclusively for these accounts. Although ABM requires significant resources for just a few conversions, high-value accounts can generate substantial benefits.

3. Data-Backed Decision Making:

Analytics Insights: Dive deep into your data. Understand customer behavior, preferences, and pain points. Use this knowledge to refine your campaigns. Even without ABM, you can still use data-backed tactics to personalize your content and generate high-quality leads.

Iterate and Optimize: Regularly analyze campaign performance. Adjust your tactics based on real-time data.

Digital Research

1. Digital Research and Healthcare Providers: Healthcare providers, like consumers searching for restaurants on Google, use the Internet to find information about products, services, and vendors. According to a 2013 study by Google and HIMSS, over half of hospital administrators conducted their own product research online. Buyers explore product features, identify potential vendors, and compare offerings during this process.

2. Creating Content for B2B Healthcare Marketers: As the trend toward online research continues, B2B healthcare marketers must develop content that matches what potential customers are searching for.

These marketers use digital research tools to understand customer preferences better and adjust their content accordingly. An effective search engine optimization (SEO) strategy needs to make sure that your business appears at the top of search results. This way willl help you reach customers before your competitors.

Social Strategy

1. Facebook’s Dominance and Decline: Remember when Facebook launched its ad platform in 2007? It dominated the social ad market! However, in recent years, according to Social Media Examiner, Facebook has experienced a decline in its dominance as the primary platform for marketers. Despite its continued value in digital marketing, it is no longer the singular solution.

2. Healthcare Marketing Data Analyzation: By analyzing healthcare marketing data, businesses can determine the optimal strategies for their target audiences. For instance, LinkedIn claims that 80% of B2B leads originate from its platform, and 94% of B2B marketers use LinkedIn for content distribution.

3. LinkedIn vs. Facebook: Unlike Facebook, which is often used for sharing personal news and casual browsing, LinkedIn is designed for professional networking and business accomplishments. For B2B marketers, LinkedIn offers higher engagement rates, and LinkedIn ads demonstrate this.

4. Choose the Right Platform: As a result, you need to research and identify the most effective social media platform for your business needs. This will help you to create content that attracts your audience and is presented on the most appropriate platform.

Achieve more by doing less

Marketers, especially in B2B, have been stretched too thin for the past five years. Balancing sales, trade shows, email marketing, social media, and digital advertising is challenging. This makes specialization hard.

Many now partner with digital agencies for expertise and customized campaigns. As marketing develops, agencies offer the latest trends and technology, letting your team focus on their strengths. When developing B2B healthcare strategies, it’s essential to consider the role of various specialists, such as understanding what is a pediatrician and how they contribute to modern medical practices.

The bottom line

Healthcare marketing can be challenging when compared to other sectors; however, if done well, it will bring back more benefits than you can expect. So, in this article, we’ve shown you how B2B is used in the healthcare industry, including 3 challenges, 3 successful examples, and 6 practical strategies for your B2B healthcare marketing.

If you still wonder where to start, or need help tailoring tactics to your audience, share with us. We love learning about different companies and brainstorming the best ways to reach a broad audience.