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Marketing a Medical Supplies Store
Marketing a medical supplies store isn't as simple as it seems. To get noticed, you'll need to invest time, energy, and resources in an innovative marketing plan.
A high-quality marketing plan connects your company to your customers. Without it, you'll quickly find your medical supplies store stuck in limbo.
What to know the characteristics that distinguish leading medical supplies stores from average companies? Surprisingly, the ability to create clear brand messages often outweighs product quality and other considerations.
Do We Really Need A Logo?
Having a strong logo for a medical supplies store is a big deal. We live in a visual world and logos are tangible expressions of your organization's key messages. Logos aren't something that can be changed overnight so it's important to put some thought into logo design. With a lot riding on a logo, it's worth the investment to hire a professional marketing and design firm for your logo needs.
Loss Leaders
The majority of medical supplies stores understand that more customers will walk through the door if a few products are priced at less than full retail value. Although you may lose money on one product, you can make up for it buy selling a higher volume of other products. But to be effective, loss leader marketing requires planning, especially in product selection and price points. For the majority of medical supplies stores, the real benefits of loss leaders emerge through the careful marketing of other products, usually offered at a much higher margin. Whenever possible, piggyback a loss leader approach with the purchase of bulk merchandise that can be bought at a discount.
Public Relations Strategies
The beauty of PR is that it can raise awareness of your offerings in a very credible and cost-effective fashion. If you want to send unrestricted marketing messages to your audience, buy a mailing list and perform a direct mail campaign. But if your strategy calls for sophistication, media buy-in and thought leadership, hire a PR consultant. The art of storytelling is a core PR competency. Storylines need to be believable and objective while communicating your brand's strengths and value proposition.
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