AXIA 60-Second Impact Blog: Information Impacting You and Our Fast-Forward Economy
 

MAJORITY BELIEVE ELECTRONIC MEDICAL RECORDS COULD ASSIST IN IMPROVING PATIENT CARE

June 27, 2008

MAJORITY BELIEVE ELECTRONIC MEDICAL RECORDS COULD ASSIST IN IMPROVING PATIENT CARE 
 
A new Wall Street Journal Online/Harris Interactive Healthcare Poll finds that onlyone-third (33%) of U.S. adults are very confident in their physicians and other healthcareproviders having a complete and accurate picture of their medical history. However, thisconfidence increases to half (50%) for those who have an electronic medical record.About one-fourth (26%) of adults say they use some form of electronic medical record,mainly one kept by their physician.  Katherine Binns, Division President for Healthcare Research at Harris Interactive,comments, “There has been more and more talk lately about electronic medical records -from inclusion in Presidential frontrunners’ healthcare reform plans to Microsoftannouncing a consumer website to store and share health information. Insurancecompanies and employers are also jumping on this bandwagon. It is estimated that eachyear billions of dollars are spent on redundant tests, and that many otherwise avoidableinjuries are caused by medical reporting errors. And it is assumed that much of this couldbe eliminated with online health systems that communicate with each other.” One key concept is that patients would have control over an Internet-based medicalrecord and they would decide with whom and when to share that information. But, aswhen banking or shopping first went online, there have been issues of privacy concernsregarding healthcare data as well. As things become more common though, theseconcerns tend to wane, evidenced by a 10-point drop this year (from 61% in 2006 to51%) in those who say electronic records make it difficult to ensure privacy. When itcomes to other online medical services, three-fourths of adults feel that patients shouldbe able to schedule an appointment with their physician via email or the Internet (77%)and communicate with their physician via email (75%). These online applications are bigfirst steps in overcoming privacy concerns. More adults (60%) feel that the benefits outweigh the privacy risks than those who do not(40%). Majorities agree that electronic medical records could reduce healthcare costs(55%), decrease medical errors (63%), and reduce redundant tests (67%) - similar to2006 results. Even more (74%) believe that patients could receive better care if doctorsand researchers were able to share information more easily. However, about one-quarterof adults are just not sure that electronic medical records could provide any of thesebenefits, indicating a need for continued talk about this matter. Source: Survey conducted by Harris Interactive for The Wall Street Journal Online’sHealth Industry Edition, December 5, 2007. Website: www.harrisinteractive.com.28

Gen Xers are Not all the Same

June 26, 2008

For many years, consumers born between 1967 and 1977 have been labeled Gen Xers and prided themselves on being independent from corporate America and obvious marketing ploys. In return, marketers tended to target this group with a single strategy. Research by Proximity Worldwide suggests that marketers could have more success if they position messages to appeal to unique characteristics of subgroups in the Gen-X demographic. Here’s an overview:

  • Cruisers – this group loves independence and connects best with ‘specialist’ brands
  • Nesters – this group maintains a skepticism about marketing but connects with specific brands such as Ikea and Amazon
  • Super-Breeders – this group is family and child-focused and actively seeks out organic , fresh and environmentally friendly products.

As Gen Xers move into their prime earning years, the study is an important reminder not to fashion marketing campaigns solely based on age demographics.

Greenberg, Karl. “Gen X is More Than the Sum of its Parts,” Media Post, 6.17.08

The 60-Second Close: The Age of Referrals and Recommendations

June 1, 2008
  • The secret to getting maximum referrals and recommendations is to have a “customer-focused” strategy – a focus on your business that puts customers at the center of your business decisions. Your guiding light should be, “Is this for the greater good of our customers?”
  • Could you use some help in establishing a customer-focused strategy for your company? Want more referrals and recommendations from your customers leading to greater long-term growth and profitability? Then call us. We can help you get there … faster than ever.

Death by Customer Survey: Missing a Key Opportunity to Grow Your Business

June 1, 2008
  • Are you planning to implement a customer satisfaction survey with the obligatory 15 questions that don’t really get to the root of what you’re trying to find out?
  • Before you start, consider that a large percent of your customers don’t want to participate in a long, drawn-out survey, answering questions that don’t quite make sense to them. And unless you ask the right questions, it’s unlikely the answers you receive will increase the profitability of your business.
  • So instead of asking about household income, gender or frequency of visits, ask the one important question that determines loyalty: “Based on your recent purchase/visit, would you recommend us?” The next question should be “To what degree, on a scale of 1-10, would you recommend us and why?”
  • From these two questions, you’ll find out what percent of your customers will actually rave about you. The long-term profitability of your business depends on growing your legion of raving fans and increasing the number of customers that will remain fervently loyal to your business.

Three Kinds of Web Site Traffic: The One That Delivers Sales

June 1, 2008
  • There are three kinds of Web site traffic: hits coming from the user typing in the Web site’s address; being found on the first page of a Google search, called a natural or organic listing; and being found on Google’s AdWords – a pay-per-click links Web site.
  • Even though we praise the Web sites with first page positions on Google, the true metric of a successful business site is “conversion” – converting the user to purchase or “sign-up.”
  • A recent study by Engine Ready, an Internet marketing company, indicates that the highest conversion rate comes from sites that are typed-in by users and the second highest from PPC sites found on Google’s AdWords.
  • Here’s the key nugget: visitors who clicked on the PPC links were 17 percent more likely to buy something, slightly more than users converting within sites that had top positions in a search.
  • People who are serious about purchasing your product or service will either type your URL into the browser or utilize the PPC links. Consequently, your media strategy should include a pay-per-click program. We’d like to share this study with you. Call us today at 866-999-AXIA for your complimentary copy.
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