This report explores the principles of marketing and marketing planning for BUPA Healthcare's BEAM units. It includes an environmental audit, analysis of the marketing mix, and segmentation of the BEAM services. The report also discusses the challenges and opportunities faced by BUPA Healthcare in expanding its emergency and acute medical units.
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PRINCIPLES OF MARKETING
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Table of Contents INTRODUCTION..........................................................................................................................3 SECTION 1.....................................................................................................................................3 a) Introduction of the idea of the BUPA.....................................................................................3 b) Environmental audit...............................................................................................................5 c) Marketing mix........................................................................................................................6 SECTION 2.....................................................................................................................................8 a) Segmentation of the BEAM...................................................................................................8 b) Targeting of the BEAM.........................................................................................................9 c) Positioning of the BEAM.......................................................................................................9 CONCLUSION.............................................................................................................................10 REFERENCES..............................................................................................................................11
INTRODUCTION Marketing principles are those, in which marketing managers are agreed upon the different marketing ideas that any company use those principles in order to make effective strategies for the marketing. This report of the principles of the marketing is based on the BUPA international healthcare group. Headquarter of the BUPA is in United states its is the private company but not for the profit limited. This will going to explain the different stages of the marketing, marketing planning, environmental analysis in this report. Marketing mix elements willalsobeincludedfortheeffectivemarketingplanning.Segmentation,targetingand positioning will be conducted in order to respond the market problems. Further more the marketing mix for the different situation will be applied for the products of the BUPA healthcare. Lastly situational analysis will be conducted in this assessment. SECTION 1 a) Introduction of the idea of the BUPA Bupa Iis international healthcare company, which is planning to expand its business and find new way to eliminate the challenges and competitive market. The new avenue of the Bupa is in small acute medical units (AMU) which is located in London, Birmingham, Manchester, Cambridge and leeds city centres. These BEAM (bupa emergency and acute medical) would staff the professional units of the medicals for the mimic and accident and emergency, only provide the services for the registered customers of the Bupa healthcare. For this service and BEAM, marketing plan will be created (Gilligan and Lowe, 2018). Marketing planing Marketing planning is the ultimate results of the marketing strategies, which is being used in order to increase the sales of the company in the market. This marketing planning help to analyse the potential marketplace to determine how the business and company compete with the market with their competitors to increase its sale. There are different stages of the marketing planning which are: Mission statement— This includes the main reason of the company to existing in the market. Also define the purpose of the company as well for the stakeholders. Objectives— This is the set of goals that the company try to work on to achieve all those objective and target of the company.
Marketing audit— Marketing audit include the SWOT analysis of the company. This highlight the strength, weakness, opportunity in the market and threats, that can affect the company. Marketing mix plan— This has some elements that ensures that all the marketing strategies are being properly (Haimowitz, 2016). Budget -This includes the resources, and all the expenses that are being needed to carry out the effective marketing plan. Evaluation— This stage is being at the end of the planning prices, that check all the opportunities to modify and any errors to make improvement. Marketing planning for BEAM Marketing summary —This marketing plan is being prepare for the BEAM (bupa emergency and acute medical) units for the small units in London, Birmingham, Manchester, Cambridge and leeds city centres. Objective of the company —Objective of the Bupa healthcare is to help the peoples to live longer. Happier, and healthier life. They do not focus on the shareholders, but focus on their customers. They reinvest their profit in order to provide better healthcare for the customers. Vision and mission —Mission of the bupa company is to shape the customers life (Siddiq, Baloch and Takrim, 2016).Also helps to deliver the best experience to their customers and employees. market audit Strength Highly skilled staff of the Bupa. Its core value, and objective of the company is its strength to focus on their customers. weakness Staff of the Bupa do not have the clear role about the BEAM (Nowak and et.al., 2015). Challenges of outdated and old technologies in the bupa healthcare for the BEAM unit. Opportunities It have opportunities to expand its BEAM unit by collaboration with other healthcare service provider. Threats Government policies, rules and regulations can be threats for the bupa healthcare.
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Increased competitions in the healthcare market in accident and emergency. Marketing mix Products —BEAM (Bupa emergency and acute medical) is the product to provide the different unit to accident and emergency situation. Price —This services only provide to the registered customers of the bupa. Place —London, Birmingham, Manchester, Cambridge and leeds city centres. Promotions —For the promotions of the BEAM, bupa will conduct the camp in small acute areas for their BEAM services and post this on newspapers and social media as well (Breggin, 2016). People —In this, trained staff of the bupa healthcare will help the company to establish its BEAM unit. Process —To establish and create the BEAM, Bupa health care prepare this plan and then evaluate to recheck this plan. Physical evidence —It refers to the environment in which all the healthcare services of the BEAM is being provided. Like the culture of the BEAM unit in small acute location. b) Environmental audit For the environmental audit, PESTLE analysis is being considered. This includes the different factors like: Political factor-This concerned with the government policies, rules, stability of the Govt. various laws, implementation of the law affect BEAM to the bupa healthcare. Different healthcare service policies in the UK like Vat that affect the price of the services of the BEAM to the registered customers (do Rosário Cabrita and Cabrita, 2015). Then this services of the BEAM not be accepted by the customers in different small unit. This also affect the staff of the bupa as they demand high salary as well. Economical factor— Brixit is also causing the economic uncertainty to the existing jobs that many have to leave their jobs at the time of Brixit. This affect the production of the healthcare services and also reduce the well-trained and professionals to treat the people. This affect the healthcare services in the UK and many of the people did not get the treatment for their healthy. This service of the BEAM can also be affected by the economical condition of the country, as country's good condition can help the bupa to carry out their health services (Park and et.al., 2018).
Social factor— BEAM can be the most affected by the social trend. When bupa give the emergency and accident services to their registered customers. This will increase the social behaviour of the people toward the BEAM services. But this only provided to the registered customers, this affect the other customers as well, that affect the healthcare services of the Bupa healthcare services. Technological factor— If bupa healthcare service apply and adopt the updated technological services in giving the BEAM unit to giving the best services to the customer then customers will attracted toward it to call the bupa at any emergency and accidental condition. This affect the business of the bupa to provide the emergency services to their customers. This will help to increase the profit of bupa healthcare but it may be expensive for bupa to adopt high quality technological equipments. Environmental factor— Environmental concern like integrated pollution prevention and control and change in the environmental condition affect the BEAM services as very low number of people call the bupa and BEAM to provide effective services to their customers. They do not able to give their best services in small acute units. Legal factor— Legal factor like governmental laws that health and safety law, hygiene factors, employee wages and many of the factors of legal factors that may affect the BEAM units. Different legislation affect the BEAM services to their registered customers in the small units in different cities. c) Marketing mix This marketing mix play the important role in the Bupa healthcare services to promote its services in the small units to provide the accidental and emergency units. This marketing mix have the great importance as it helps the bupa and its BEAM unit, by giving the clear strategies of its, what price is being set for the emergency unit, how the promotional events can be done in order to promote the BEAM services in different units like, London, Birmingham, Manchester, Cambridge and leeds city centres. They will help the bupa healthcare services to increase its services for registered services. It also give the importance to the marketing planning as it give the clear understanding of all the elements that are very important for the business in order to expand its business. All the seven elements of the marketing mix play the important role for the BEAM units. As it give the clear understanding of all the elements in the business that ca help the bupa to
increase its sales and to expand all the challenges and can start their emergency services to small acute. These elements are: Products— Products of the bupa healthcare services are emergency services that the bupa is provided through the BEAM units in different locations. Another products are ambulance services, diagnostic devices, pharmacy services, causality services and many more all the products are being provided by the BEAM services unity in different locations to the registered customers in the time of the accidents and emergency situation. Place— This BEAM services are provide to the different locations London, Birmingham, Manchester, Cambridge and leeds city centres in the small unit acute that help the customers to get the best emergency services in their locations. In these different locations customers can get the best quality services related to their health care and emergency. Where people can get ease and convenient services at their nearest location of these cities. Price —As price is charged to the targeted customers, and bupa target its registered customers through its new services unit BEAM. As the services are intangible then it will be difficult for the management to set the price of their services. Promotions— For the promotions, BEAM unit of the bupa healthcare services can apply the transmission of the message to the customers. Also plan to conduct the camp in the local and small unit of the different locations. Staff and management of the bupa have to make aware about their services of BEAM to their potential customers. People— People are consist all the individuals who contribute a lot in providing the emergency services to their patients and customers at the time of the emergency. In this all the employees of the bupa healthcare services play important role. In this company provide the different offers and increase their salary in order to keep retain with company (Ray and Maiti, 2018). Process —There are different process which are being applied to the bupa healthcare services include the different joining phase, detachment phase and feedback phase. In which all the processes are being taken in to consideration to make plan for the marketing to fulfil all their objectives to carry out the BEAM units to provide the effective emergency services to their customers. Physical evidence— It refers to the environment in which all the healthcare services of the BEAM is being provided. Like the culture of the BEAM unit in small acute location. Its
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environment of the company. And all the modern hospital; needs that create the impact on the customers. SECTION 2 a) Segmentation of the BEAM Division of the big market place into the small segmentation comparison of individuals who works and thinks in same line towards the same products and brand is being referred as the segmentation of the market place. This segmentation is being done on the basis of the geographic, demographic, Psychographic and behavioural, that help the bupa healthcare to clearly understand their customers. Which is very important for the bupa healthcare to setting up and creating marketing plan forb the BEAM unit in different locations. Geographic segmentation— It refers to dividing the market into different geographic locations such as different nations, states and region and neighbours. In this geographic segmentation BupahealthcareservicesdividethemarketinthethedifferentlocationlikeLondon, Birmingham, Manchester, Cambridge and leeds city centres. And target the different located people according to the location which is divided by the Bupa healthcare services. This will help the Bupa to its new unit which is BEAM in order to promote in different location according to the different region people and customers. Demographic segmentation —In this, bupa divided their customers into the different group of people according to the age, gender, income, occupation, education, religion, nationality and social class. With the help of this segmentation Bupa healthcare service get help to identify their potential customers according to these factors. This become easy for the Bupa healthcare for is new BEAM unit to target the people and customers. As it target to the registered customers of the Bupa, it indirectly targeted to the high income customers to the different location where it plan to drive that BEAM unit service for the accidental and emergency situations (Porral and Stanton, 2017). Psychographic segmentation– As on the basis of this segmentation, Bupa healthcare divided there customers and patients as the children, below 20 who have different problems, that means they categorised their patents as according to the problems and disease they have, this give the ease to the management of the Bupa to treat them in targeting them for the new BEAM units.
Behavioural segmentation —In this segmentation, is being done on the basis of the knowledge, attitude, use of, response to products and services. As the BEAM unit provide the emergency service to the registered customers of the Bupa, if customers do not respons them positively according to the situation and behave bad with the staff of the bupa and BEAM unit then this will affect the bupa to prioritise their customers and targeting them as according to their behaviour with the staff and towards BEAM. b) Targeting of the BEAM This is the second stage, which is being done on the basis of the segmented market. On the basis of the different products and services and marketing is being created and the potential customers and patients are being targetted. According to the targetted customers, management of the Bupa create the strategies for the different customers. In this the whole people of London, Birmingham, Manchester, Cambridge and leeds city centres are the targetted audience. As the Bupa is healthcare services, which provide all its healthcare services to the all the patients equally. As with the help of their new service which is BEAM unit and provide the emergency services to their customers, they do not target and prioritise their customers, have to treat equally to all the peoples and patients. As emergency and accidental situation is not come after informing, people do not have any idea about this situation, so have to treat sudden at first priority to all the patients (David, David and David, 2017). As the objective of the Bupa healthcare is to provide the better healthcare services to their customers and patients ion order to increase their life and enables them to live healthier, happier by treating all the people equally. With having this mission BEAM unit not only target single group of individuals and patients but treat al the individual equally and give them the best treatment services. This helps the customers or patients of the Bupa to call the BEAM unit, in their emergency situations.This give the benefits to the Bupa healthcare services and its new BEAM unit to make recognise in the market easily, and this helps to increase its brand image in the market. As this not focus on the profit increment but only focus to provide the best healthcare services to the clients, customers and patients. c) Positioning of the BEAM Positions is consist as the last stage of the segmentation, targetting and positioning cycle which help the company to identify the potential clients and patients to target them and can make strategies as according to those targetted customers. This helps the Bupa healthcare service to
create the perception about the products and services in the market. This positioning helps to increase the brand image and product image in the mind of the customers. As Bupa healthcare service is positioning their services of the emergency services and accidental services to the small acute locations like London, Birmingham, Manchester, Cambridge and leeds city centres, to the small units people. This helps the Bupa healthcare services and BEAM unit services to recognize in the small unit of the different locations of the different cities, where it plans to drive and carry out this emergency services to the all the customers. This positioning would be done by the marketing managers of the Bupa healthcare services which create the marketing plan to drive the different strategies of the BEAM unit effectively in order top establish it in the different locations of London, Birmingham, Manchester, Cambridge and leeds city centres at their small areas, to reach the each and every emergency situation easily (Porral and Stanton, 2017). This positioning helps to Bupa to set their image in the minds of the patients for a longer time and always remember the Bupa healthcare service at emergency situation when arises in front of them. SECTION 3 Marketing mix Marketing mix elementsBUPA ProductBEAM units, ambulance services, diagnostic devices, pharmacy services, causality services PlaceLondon, Birmingham, Manchester, Cambridge and leeds city centres priceservices are intangible then it will be difficult for the management to set the price of their services. PromotionsCommunicationtoolslikemessage,social media, emails. PeopleKnowledgableemployees,specialist,
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responsible employees Physical evidenceModern updated medical equipments, neat and professional appearance of the staff and Bupa healthcare centre. ProcessProviding the best health acre services at the time of emergency and accidental case, other medical services. CONCLUSION It has been summarized from the above report is that there are different principles of the marketing that play important role in the marketing to carry out the different strategies of the marketing. These principles of the marketing help to increase the sales of the Bupa healthcare services. As the Bupa healthcare services expand its business and plan to provide the BEAM (Bupa emergency acute and medical) to the registered customers. In this, marketing mix play the important role to have the clear understanding of the different elements that will help to create the marketing of the BEAM unit by the marketing managers of the Bupa healthcare services. It also been analysed with the help of the environmental analysis that different factors like politics, economical condition of the country affect the planning of the BEAM unit by thye bupa healthcare services. Withthe help of the STP target customers has been identified that, it not only focus on the particular group but treat equally to all the people.
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