Examine the relationship between the organization’s marketing and its partnerships. Explain how and why those partnerships are valuable to the organization.
The team project entails developing a comprehensive health care marketing plan. You not only gain a basic knowledge of marketing plan components, but also understand how and why each component is essential to the success of a marketing plan. Placing the basic marketing terms in the context of a real-life example helps you better conceptualize the role of the four Ps, business partnerships, and target market characteristics in health care marketing.
Choose an existing organization such as a diabetes clinic, cardiac rehabilitation center, prenatal clinic, or hospital.
Write a 1,050- to 1,400-word paper on the organization of your choice.
Include the following in your paper:
- Describe the four Ps (product, price, place, promotion) and explain how and why they are important to the success of the selected organization.
- Examine the relationship between the organization’s marketing and its partnerships. Explain how and why those partnerships are valuable to the organization.
- Determine the target market, including demographics, psychographics, and data from the general area in which the organization is located. Explain why understanding target market is vital to a successful marketing plan.