Yeah, we know—we’re a little weary of hearing about millennials, too, but with a purchasing power that just won’t quit, millennials are a significant market to consider. According to the Pew Research Center, more than a million millennials are becoming mothers each year. Today, ninety percent of first-time mothers are millennials, and successful healthcare practices are realizing that this demographic should be taken seriously. And, in typical millennial fashion, this generation is rewriting the rules as they go.
Millennials are thoughtful, engaged consumers who are perhaps the most health-conscious generation to date, and they are increasingly becoming parents who make decisions and purchases that affect their entire family. Millennial women, in particular, are known to research at least ten sources before making a purchase (versus two for men). They control eighty-five percent of household purchases and have a spending power of $2.4 trillion. Because of this, staying up-to-date on trends and investing in physician reputation management should be a top priority for healthcare practices and OB-GYN facilities to help young mothers make informed healthcare decisions.
Here are the top five ways to attract this important market to your healthcare practice.
The need to build trust with millennial moms is ushering in a new era for physicians and healthcare providers. This generation of young mothers is the first to fully embrace the digital age, and their decision-making skills have been shaped by the rapid introduction of technology in the last decade of the 20th century. Young mothers today are highly sensitive to authenticity and crave genuine engagement, so it’s important for healthcare organizations to join the online conversation.
Millennial moms expect brands to be open about their philosophy and values. Being transparent with both negative and positive reviews on your physician directory pages will demonstrate your dedication to transparency and building patient trust.
Be a Part of the Online Conversation.
Brands that embrace technology are likely to be viewed positively by millennial moms, so it’s essential for healthcare practices to take part in the online discussion. Although physicians and healthcare providers should actively participate as experts in their online communities, they must be careful not to turn their interactions into a one-way lecture. Personalization is key. Moms want to feel comfortable in knowing brands will treat them, and their children as individuals. Plus, sixty-two percent of millennials are more likely to become a loyal customer when a brand engages with them.
Embrace Online Reviews.
Online presence, search rankings and patient approval ratings and comments, can all impact a physician’s online reputation. Tap into this new era of online consumer engagement by creating physician review and rating pages to help drive traffic to your practice.
Young mothers today share their opinions online more than any other generation of mothers before them, and strongly rely on their support networks for guidance.
These ”digital natives” are likely to be more active on social media as well as proactive in seeking out reviews before making purchasing decisions—and they’re more likely to be sharing content on these social networks, too. Interacting online is simply a part of their daily lives, so healthcare practices should take advantage of the available insights across healthcare review sites and incorporate digital patient surveys into their practice.
In an age where big data and digital experiences often trump the message, it’s time for a return to brand relationships that speak to audience’s values. Healthcare practices must consider providing valuable content, engagement and personalized communication. Commit to transparency by publishing reviews and ratings on your provider profile pages to help new or soon-to-be mothers find the care and physician that’s right for them and their families.
Don’t lump all moms into one market segment. Today’s brands need to consider the various roles of women today and focus on their areas of interest—particularly children and health. For instance, many millennial moms have difficulty identifying with images of the traditional two-parent family with dual incomes. Unlike mothers of past generations, millennial moms have an on-the-go lifestyle and have considerable spending power, as well as busy lives in their online and offline worlds. Marketers should consider developing campaigns that focus on the mother-child relationship and acknowledge the independent identity that many millennial mothers have built for themselves.
No matter what you’ve heard, this young and informed generation is now faced with making important healthcare decisions for their growing families. It’s critical for physicians and providers to understand millennial moms and what influences their healthcare choices. Millennial parents are parents whose lives are immersed in new technologies, but their basic needs and goals are no different than past generations. The conversation is simply happening in new places and at different speeds. Will you be a part of it?
About the Author
Sabrina helps healthcare organizations better understand their healthcare consumer challenges and needs, in order to efficiently manage and improve patient satisfaction.