Proposing Market Entry Strategies
You have just taken on a new role as a marketing manager for a new hospital in Ajo, Arizona-Ajo Medical Center (AMC). There is one other hospital in the area, but it is 40 miles from the center of town, making it difficult for many residents to get to. The new AMC will be much more accessible for residents who live closer to town.
As you prepare to take on this role, watch the following case study video clips on branding and marketing. You will use the content of the videos to consider how the practices of Moving Brands might be applied to the marketing strategy of Ajo Medical Center.
Chapter 1: Brand Vs. Branding.
Chapter 3: What’s the Difference Between Branding and Marketing?
The CEO of AMC has asked you to create a proposal in which you provide a competitive marketing entry strategy and a communication strategy and suggest marketing research tools for the new hospital.
Instructions
Create a 5-7 page proposal (including a Sources page) in which you:
Develop a SWOT analysis to determine the best approach for market entry.
The following resources may be helpful:
7 Strategies for A Successful New Market Entry.
How Do You Prepare to Enter a New Market?
Formulate a proposed marketing entry strategy for how your hospital will enter the local market and attract patients in ways that differentiate it from the other area hospitals.
The following resources may be helpful:
Marketing to Healthcare: Applying the 4 C’s.
Formulating Productive Marketing Communications Strategy: A Major Health System’s Experience.
Develop a proposed communication strategy for the new hospital using the 4 C’s for marketing communication.
The following resource may be helpful:
20 Market Research Tools (With Importance and Types).
Sample Answer
Ajo Medical Center: Marketing Entry and Communication Strategy Proposal
Introduction
Ajo Medical Center (AMC) has a unique opportunity to establish itself as a leading healthcare provider in Ajo, Arizona. With the nearest hospital located 40 miles away, AMC’s accessibility provides a significant advantage. This proposal outlines a comprehensive marketing entry and communication strategy to effectively attract patients and differentiate AMC within the local market.
SWOT Analysis
A SWOT analysis helps identify AMC’s internal strengths and weaknesses, as well as external opportunities and threats.