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Click to edit Master title style Click to edit Master subtitle style Resources for Marketing to and Serving Private Paying Consumers ADRC-TAE Pilot Site.

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Presentation on theme: "Click to edit Master title style Click to edit Master subtitle style Resources for Marketing to and Serving Private Paying Consumers ADRC-TAE Pilot Site."— Presentation transcript:

1 Click to edit Master title style Click to edit Master subtitle style Resources for Marketing to and Serving Private Paying Consumers ADRC-TAE Pilot Site Call July 17, 2008

2 2 Call Overview:  Who are “private paying” consumers  Why is serving them important  Lessons learned  Marketing to private pay populations

3 3 Who are “Private Paying” Consumers?  People with existing financial resources to devote to LTC services  People with incomes above poverty guidelines  People who are not currently eligible for public LTC programs  This is not a cohesive easy-to- profile population.  It encompasses different age groups, cultural backgrounds and ethnicities, and range of income levels.  The majority of the U.S. population fits into this category. U.S. Residents by Age % Above 100% of Poverty Threshold % Above 200% of Poverty Threshold % Above 300% of Poverty Threshold All Ages87.7%69.5%52.0% Ages 18-6489.2%73.8%57.5% Age 21-64 with Disability** 74.6%-- Over Age 65 90.6%64.6%42.7% Over Age 65 Living Alone 83.1%43.2%24.4% Source: U.S. Census Bureau, Current Population Survey, 2007 Annual Social and Economic Supplement. **Source: U.S. Census Bureau, 2006 American Community Survey

4 4 Serving private paying populations is important for at least three reasons…  People of all income levels need unbiased, reliable information about long term service and support options  ADRCs can help families use their resources more wisely (potentially delaying spend down)  Sustainability ―Donations and cost-sharing for some services can contribute financially to ADRC operations ―Use of the ADRC by private paying families builds broader base of support for the program

5 5 ADRC lessons learned from serving private paying populations …  May require a shift in agency culture and orientation  Should examine how current marketing materials may be viewed by private pay consumers  Important to get the word out to “critical pathways”  Identify needs of this population and relevant services and resources  May need to educate consumers about the realities of LTC costs  Develop a set of inclusion/exclusion criteria for resource database  Offer staff training on this topic to help staff get more comfortable

6 Click to edit Master title style Click to edit Master subtitle style Tips and Resources for Marketing to Private Paying Populations and Baby Boomers

7 7 Why focus on Private Paying Baby Boomers?  Of all private paying age groups, they may be more receptive to what ADRCs have to offer ―They are likely to be caregivers/sandwich generation ―They are likely to be helping their parents make decisions about long term care ―They are likely to be making decisions about retirement and their family’s financial future

8 8 Marketing to Private Paying “Boomers”  Research and create a profile/snapshot of your target audience: ―Characteristics ―Trends ―Behaviors ―Attitudes ―What are likes/dislikes ―How do they like to receive information Baby Boomer Profile

9 9 Marketing to Private Paying “Boomers”  What makes marketing campaigns attractive to Boomers? ― Boomers are hungry for media content and products/services that meet their needs. ― Speak to their interests, preferences and aspirations

10 10 Marketing to Private Paying “Boomers”  Collect information Surveys Focus Groups Interviews

11 11 Marketing to Private Paying “Boomers”  Create and Define your message ― AIDA (Attention, Interest, Desire, Action) Gain Attention Hold Interest Arouse Desire Elicit Action

12 12 Marketing to Private Paying “Boomers”  Communication Channel ― Personal ― Non-Personal  Think about non-traditional Venues, Partners and Critical Pathways ― Professional and Trade Associations ― Chambers of Commerce and Business Leaders ― Realtors ― Financial Planners ― Insurance Companies (e.g., State Farm, Allstate, etc.) ― Community Service Clubs ― United Way Directors and Board members ― Sports Clubs, Gyms, and Neighborhood Recreation Centers ― Legislative Aides ― Websites

13 13 4 P’s of Marketing to Private Pay  Product  Price  Promotion  Place

14 14 Marketing Resources Websites:  American Marketing Association ―www.marketingpower.comwww.marketingpower.com  Guerrilla Marketing ―www.gmarketing.comwww.gmarketing.com  The Community Tool Box ―http://ctb.ku.edu/en/http://ctb.ku.edu/en/  CDC National Center for Health Marketing ― http://www.cdc.gov/healthmarketing/http://www.cdc.gov/healthmarketing/  Social Marketing Institute ―http://www.social-marketing.org/index.htmlhttp://www.social-marketing.org/index.html  Marketing Professionals ―http://www.marketingprofs.comhttp://www.marketingprofs.com  Eons ―http://www.eons.com/ - social network site for Baby Boomershttp://www.eons.com/ Books and Articles  “Advertising to Baby Boomers”. Chuck Nyren  “Marketing Effectively to Baby Boomers”. The Journal on Active Aging. March/April 2007  “A Holistic Approach to Marketing to Baby Boomers”. Marketing Professionals website.  “Marketing Research That Won’t Break the Bank”. Alan Andreasen  “Strategic Marketing for Nonprofit Marketing” Alan Andreasen and Philip Kotler  “Marketing in the Public Sector” Philip Kotler and Nancy Lee  “The VERB Campaign’s Strategy for Reaching African-American, Hispanic, Asian, and American Indian Children and Parents” American Journal of Preventive Medicine.


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