Segmentation, Targeting And Positioning For Medical Devices. Part 2

Segmentation, Targeting And Positioning For Medical Devices. Part 2

Downstream marketing
Still on the subject, this is the second and final post about the strategic marketing for medical devices, which includes segmentation, targeting and positioning.  Today, I'll discuss mainly; about targeting because in my experience it is the most difficult step of the process. If you're probably wondering why I'm not discussing segmentation first, well that's because I already talked about it extensively in my previous post- You can refer to it (Part 1- Segmentation) here. Introduction "You will never reach your destination if you stop and throw stones at every dog that barks."Winston Churchill This quote is inspiring and has a lot to do with today’s topic. Let me tell you the truth, it only goes to show that not every distraction requires your attention. I know it is difficult…
Read More
Segmentation, Targeting And Positioning For Medical Devices. Part 1

Segmentation, Targeting And Positioning For Medical Devices. Part 1

Downstream marketing
What is the core of strategic marketing for medical devices? Well, this short article is the first of a couple posts in which I consider what I have found about the trilogy of strategic marketing: Segmentation, Targeting and Positioning, to be useful for our industry. Hence, I will use it as an opportunity to share some patterns I have seen in several companies during my career. Introduction "If you’re not thinking segmentation, you’re not thinking."Theodore Levitt As a salesperson, it was difficult for me to understand and accept that there were customers that I shouldn’t be targeting because the offering wasn’t going to convince them. After all, I had a general idea that my job as a marketer was to help potential customers see why that particular product was a…
Read More