Lakeside Hospital Pediatric Expansion Marketing Plan
Executive Summary
Lakeside Hospital is excited to announce the expansion of our facilities to include a pediatric emergency care and hospital for children. This new addition will provide much-needed care for the growing pediatric population in Rochester, Minnesota and the surrounding areas.
Our marketing team has developed a comprehensive marketing plan to introduce the new pediatric hospital to the community and ensure its success. The plan includes a clearly defined target market, a competitive analysis, a SWOT analysis, specific goals and marketing strategies, a detailed marketing budget, and an implementation plan with a timeline.
Target Market
Our target market for the new pediatric hospital is:
- Parents of children aged 0-18 in Rochester, Minnesota and the surrounding areas
- Pediatricians and other healthcare providers who refer patients to Lakeside Hospital
- Insurance companies that provide coverage for pediatric care
Competitive Analysis
There are two other pediatric hospitals in the Rochester area: Mayo Clinic Children’s Center and Olmsted Medical Center Children’s Hospital. We will differentiate our hospital from these competitors by:
- Offering a more personalized and family-centered approach to care
- Providing state-of-the-art facilities and equipment
- Recruiting top-notch pediatric specialists
SWOT Analysis
Strengths:
- Strong reputation and brand recognition in the Rochester community
- Experienced and compassionate pediatric care providers
- State-of-the-art facilities and equipment
- Convenient location in central Rochester
Weaknesses:
- New pediatric hospital with no established patient base
- Limited name recognition for pediatric services
- Smaller than the two other pediatric hospitals in the area
Opportunities:
- Growing pediatric population in Rochester and the surrounding areas
- Increasing demand for high-quality pediatric care
- Opportunity to expand our services to include other pediatric specialties
Threats:
- Competition from existing pediatric hospitals
- Changes in healthcare reimbursement policies
- Economic downturn that could affect patient volumes
Goals and Marketing Strategies
The goals of our marketing plan are to:
- Increase awareness of the new pediatric hospital in the community
- Drive referrals from pediatricians and other healthcare providers
- Attract new patients to the hospital
- Build a strong reputation for providing high-quality pediatric care
We will achieve these goals through the following marketing strategies:
- Develop a website and social media presence specifically for the pediatric hospital
- Create and distribute marketing materials, such as brochures, flyers, and posters
- Conduct public relations activities to generate media coverage
- Sponsor community events and activities
- Partner with local pediatricians and healthcare providers
- Offer educational programs and workshops for parents and children
- Develop a marketing campaign that emphasizes our personalized and family-centered approach to care
Marketing Budget
The total marketing budget for the new pediatric hospital is $500,000. This budget will be allocated as follows:
- Website and social media development: $50,000
- Marketing materials: $100,000
- Public relations: $100,000
- Community events and sponsorships: $50,000
- Educational programs and workshops: $50,000
- Advertising: $100,000
Implementation Plan
The implementation plan for the marketing plan is as follows:
Month 1-3:
- Develop website and social media presence
- Create marketing materials
- Launch public relations campaign
Month 4-6:
- Begin outreach to local pediatricians and healthcare providers
- Sponsor community events
- Host educational programs and workshops
Month 7-9:
- Launch advertising campaign
- Track marketing results and make adjustments as needed
Month 10-12:
- Evaluate the success of the marketing plan
- Make recommendations for future marketing efforts
Conclusion
Lakeside Hospital is committed to providing the highest quality pediatric care to the Rochester community. We believe that our new pediatric hospital will be a valuable asset to the community and will meet the growing need for high-quality pediatric care. Our marketing team is confident that our marketing plan will be successful in raising awareness of the new hospital, driving referrals, and attracting new patients. We are excited to embark on this new chapter in our history and to serve the children of Rochester and the surrounding areas.
