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The ROI of Multicultural
Marketing
It has become common to discuss the changing
demographics of America yet the advertising
dollars targeted these markets haven’t followed to
the same degree.
 Why should healthcare companies be
investing in these areas?
 How should they formulate their media
plans?
 Should companies be looking at multicultural
as a separate bucket or target these different
segments as part of their total market
strategies?
Our expert panel will take a look at some of the
most targeted multicultural segments and discuss
the ROI opportunities that exist by marketing to
them.

TODAY’S
OBJECTIVE
What is required
to achieve
Multicultural
ROI?

2
What is Involved
in Multicultural
Healthcare
ROI?
Triangulate Internal/External Intel
Treatment Adherence, Utilization
Consumer Connections & Media
Predictive Analytics

Quality Data
& Tracking
Bob, Tom

Multicultural
Analytics
Eric, Bob

Glue that
keeps it
together:

Cultural
Know-how

Total Market
Perspective
Pepper, Eric

Insights Driving Business
Healthcare Providers
Brokers/Navigators
Retailers
Employers

Nuances & Similarities
Segmentation
Targeting Tools
Dashboards

TM Inclusive Insights
Product Design
Network/Distribution
Sales
Customer Experience

Systemwide
Alignment
Pepper, Tom

3
Risky Alternatives
Doing Nothing

Scattered Efforts



Adverse selection



Faulty tracking



Substandard treatment



Incomplete data

adherence



Inconsistent Customer



Higher in-patient costs

Experience

Leaving business’ sustainability to chance.

4
Sample M/C Segment ROMI
Possible to enhance overall Total Market growth by assessing what segmented
marketing vehicles, messages, geographic focus, drive growth and ROI gains and
which are less effective

Multicultural Index
of Incremental Profit per Marketing $
Invested (ROMI) (Multicultural ROMI ÷
White NH ROMI * 100)

OTC Sample
Marketing Mix ROI
Consumer promotions
such as couponing were
top performers and are
considered very strong
relative to other vehicles
 Span+AA TV shows
higher than GM TV
 Mobile seems higher.
 Print and Internet seem
more challenging


Based on select SSG sample of Rx, H/C, OTC

1.0

5
Opportunity Drivers Anchor Total Market Approach:

Example of Sufferers of Arthritis, Chronic Pain, Migraine, Fibromyalgia
The ‘next’ untapped source of growth segment opportunity (among ‘Movables’ in the case
below) can be carefully measured and contrasted between segments, leading to precise
acquisition targeting strategies.

White NH

Multicultural

Healthful
Healthful

M/C

48%
Movables
28%

Refusers

Movables
42%

More
Likely

Refusers

Source:
SSG Healthy Lifestyle™
powered by GFK-MRI
195%

Confidence level

6
Opportunity Drivers Anchor Total Market Approach:

Example of Sufferers of Arthritis, Chronic Pain, Migraine, Fibromyalgia
To be most effective, Influencers and Drivers among the most likely ‘next’ growth segments,
should incorporate similarities to WNH as well as key Multicultural segments nuances.
Similar Predictors = Total Market Influencers

WNH Nuances*
I’m often the first to try the
most advanced meds1
Medication has improved the
quality of my life1
I take Rx meds exactly as
prescribed1

Similarities

Newer drug brands work better than older brands1
My Medical conditions limit my lifestyle1

Total Market
requires Nuances

M/C Nuances*
I prefer popular brand-name
Rx, even if they cost more1
I’m always looking for new
ways to live a better life1
I think herbal supplements are
effective1

Source:
SSG Healthy Lifestyle™
powered by GFK-MRI
195%

Confidence level
*Attitudes that were most predictive among
7
Movable sufferers of arthritis, chronic pain…
Panel of Experts

Bob
Kumaki

Pepper
Miller

Tom
Roth

Eric
Talbot

Carlos
Santiago

Managing
Principal

President, Author

President

VP Strategy &
Insights

Pres. & Chief
Strategist

The Hunter-Miller
Group

Community
Marketing &
Insights

Univision

Santiago
Solutions
Group

Segment Focus:

Segment Focus:

Segment Focus:

LGBT

Hispanic

Tom@
Community
Marketinginc.com

Multicultural &
Millennial

ETalbot@
UNIVISION.NET

Carlos@
SantiagoSolutions
Group.com

The Ronin
Group
Segment Focus:

Black (Still) Matters in
Marketing

Segment Focus:

Asian
American

African
American

Rkumaki@
RoninGrp.net

Pepper@
HunterMillerGroup
.com

8
Multicultural ROI
Key
Take-Aways
Multicultural
Analytics

Feasible
Watch
closely

Essential
Reduces
Risk
Guides
optimization

Takes
upfront
inclusion
Focus on
Topline
Growth

System-wide
Alignment

Quality Data
& Tracking

Total Market
Strategy

Beyond
Marketing
Businesswide &
Front-toback-End
9

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The ROI of Multicultural Market

  • 2. The ROI of Multicultural Marketing It has become common to discuss the changing demographics of America yet the advertising dollars targeted these markets haven’t followed to the same degree.  Why should healthcare companies be investing in these areas?  How should they formulate their media plans?  Should companies be looking at multicultural as a separate bucket or target these different segments as part of their total market strategies? Our expert panel will take a look at some of the most targeted multicultural segments and discuss the ROI opportunities that exist by marketing to them. TODAY’S OBJECTIVE What is required to achieve Multicultural ROI? 2
  • 3. What is Involved in Multicultural Healthcare ROI? Triangulate Internal/External Intel Treatment Adherence, Utilization Consumer Connections & Media Predictive Analytics Quality Data & Tracking Bob, Tom Multicultural Analytics Eric, Bob Glue that keeps it together: Cultural Know-how Total Market Perspective Pepper, Eric Insights Driving Business Healthcare Providers Brokers/Navigators Retailers Employers Nuances & Similarities Segmentation Targeting Tools Dashboards TM Inclusive Insights Product Design Network/Distribution Sales Customer Experience Systemwide Alignment Pepper, Tom 3
  • 4. Risky Alternatives Doing Nothing Scattered Efforts  Adverse selection  Faulty tracking  Substandard treatment  Incomplete data adherence  Inconsistent Customer  Higher in-patient costs Experience Leaving business’ sustainability to chance. 4
  • 5. Sample M/C Segment ROMI Possible to enhance overall Total Market growth by assessing what segmented marketing vehicles, messages, geographic focus, drive growth and ROI gains and which are less effective Multicultural Index of Incremental Profit per Marketing $ Invested (ROMI) (Multicultural ROMI ÷ White NH ROMI * 100) OTC Sample Marketing Mix ROI Consumer promotions such as couponing were top performers and are considered very strong relative to other vehicles  Span+AA TV shows higher than GM TV  Mobile seems higher.  Print and Internet seem more challenging  Based on select SSG sample of Rx, H/C, OTC 1.0 5
  • 6. Opportunity Drivers Anchor Total Market Approach: Example of Sufferers of Arthritis, Chronic Pain, Migraine, Fibromyalgia The ‘next’ untapped source of growth segment opportunity (among ‘Movables’ in the case below) can be carefully measured and contrasted between segments, leading to precise acquisition targeting strategies. White NH Multicultural Healthful Healthful M/C 48% Movables 28% Refusers Movables 42% More Likely Refusers Source: SSG Healthy Lifestyle™ powered by GFK-MRI 195% Confidence level 6
  • 7. Opportunity Drivers Anchor Total Market Approach: Example of Sufferers of Arthritis, Chronic Pain, Migraine, Fibromyalgia To be most effective, Influencers and Drivers among the most likely ‘next’ growth segments, should incorporate similarities to WNH as well as key Multicultural segments nuances. Similar Predictors = Total Market Influencers WNH Nuances* I’m often the first to try the most advanced meds1 Medication has improved the quality of my life1 I take Rx meds exactly as prescribed1 Similarities Newer drug brands work better than older brands1 My Medical conditions limit my lifestyle1 Total Market requires Nuances M/C Nuances* I prefer popular brand-name Rx, even if they cost more1 I’m always looking for new ways to live a better life1 I think herbal supplements are effective1 Source: SSG Healthy Lifestyle™ powered by GFK-MRI 195% Confidence level *Attitudes that were most predictive among 7 Movable sufferers of arthritis, chronic pain…
  • 8. Panel of Experts Bob Kumaki Pepper Miller Tom Roth Eric Talbot Carlos Santiago Managing Principal President, Author President VP Strategy & Insights Pres. & Chief Strategist The Hunter-Miller Group Community Marketing & Insights Univision Santiago Solutions Group Segment Focus: Segment Focus: Segment Focus: LGBT Hispanic Tom@ Community Marketinginc.com Multicultural & Millennial ETalbot@ UNIVISION.NET Carlos@ SantiagoSolutions Group.com The Ronin Group Segment Focus: Black (Still) Matters in Marketing Segment Focus: Asian American African American Rkumaki@ RoninGrp.net Pepper@ HunterMillerGroup .com 8