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Marketing and Management

   

Added on  2023-01-04

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Running head: MARKETING AND MANAGEMENT
Marketing and management
Name of the student
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Marketing and Management_1

1MARKETING AND MANAGEMENT
Introduction
MediCare is a new startup, which will operate in the American healthcare sector.
However, the innovative propositions and business process will ensure that MediCare will face
lower intensity of competition. In terms of the operational process, the tier I cities will be
primarily targeted because of the high penetration of the internet in these cities. The mission of
MediCare will be to offer maximum power and authority to the end beneficiaries in the
healthcare services. The organizational value of MediCare will be based on the empowerment of
the patients or customers.
The value proposition of MediCare will be the offering of online health care service
where the customers can review different hospitals and the facilities they are offering. On the
basis of the reviews, ratings and budget, they can select the most ideal one. Moreover, the online
appointment can also be done through MediCare. All these services will be offered to the
customers in free of costs (Moses et al., 2013). Hence, the facilities to be offered by MediCare
will be of now costs. This will be the key point of difference between MediCare and some of
their competitors in the market. However, it should be noted that the business model to be
followed by MediCare will be financially feasible in offering free services to the customers. The
revenue will be generated from the medical entities subscribed with MediCare.
Opportunity
The major opportunity for MediCare will be the ever increasing health care costs in the
United States. This is due to the reason that in the last few years, huge increase in medical costs
is witnessed and hence customers should have a common service portal where they can choose
their services according to the costs and budget. In addition, the offering of free service will also
Marketing and Management_2

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