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Electronic Health Record Storage

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For this assignment, you must submit a draft of your chosen marketing plan in which you discuss a basic marketing plan to bring the new product/service you created to the attention of the public. For full credit, you must address the following in your draft:

Briefly discuss the new product/service you created with 2000 words or more.
Please include references and a Table of Contents
Discuss a basic marketing plan to bring the new product/service to the attention of the public.
Explain how the marketing plan will help the new product/service be successful.
Give researched information on the industry and market.
Discuss what specific avenues would be used to get the word out to potential customers.
Discuss the mediums you would use, their costs, and so forth.
Please use original material and references.

You will find a better explanation of what is required, please reference these documents for further details.

Thanks!!!

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Solution Summary

The response addresses the queries posted in 2457 words with references.

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The response addresses the queries posted in 2457 words with references.

Table of Contents

1. Introduction.................................................................................3

2. Marketing plan...................................................................................3

3. Importance of marketing plan....................... ......................................3

4. Importance of Product chosen............................................... ..............4

5. Need of a marketing plan for the product...............................................6

6. Researched information on the market .................................................6

7. Research on health industry...............................................................8

8. Avenue to get the potential customers...................................................8

9. Mediums of increasing the sale and cost strategies....................................9

10. Conclusion..................................................................................9

11. References..................................................................................9

//Marketing plan of a business has significant role for introducing a new product in the market. To market any new product in the healthcare industry marketing plan plays a very supportive role.//

Introduction

An electronic health record (EHR) is an upcoming concept in the health care industry. It can be defined as a systematic collection of electronic health information about an individual patient or population. It is basically a digital record that is capable of being shared across different health care settings. EHRs may include any data ranging from demographics, medical history, to personal statistics like age and weight, and billing information of individuals. It helps to capture and re-present data without the need to track down the patient's previous medical records. It also reduces chances of data replication. MedRecOnewill is a software intranet system that will render medical and support services in the patient record keeping and storage (Electronic medical records, 2013).

Marketing plan

A marketing plan may be defined as an integral part of any business organization. It is a business plan that gives an indication of who will buy the product or services, how these products and services will be promoted and various costs that would be involved in these products. A marketing plan should also be capable of indicating the potential markets for the proposed business or product. The principal functions of the marketing plan are very important for various levels of management within a business organization. The functions of the marketing plan are responsible for forming the cornerstone of the marketing plan (Tassiopoulos, 2008).

//In this part the importance of framing a market plan for launch of the specific product has been expressed. It has been communicated that forming a market plan is important for laying a foundation of the product distribution. In other words, the motives and significance of the application of market plan has been reflected clear through this part//

Importance of marketing plan

A marketing plan is considered as important in the industry as in the sales oriented organization it helps in assigning strategies to the frontline sales managers for turning them into action. It is of prime importance as it provides an outline for the sales activity.

Contents of the marketing plan include:

Description of the service includes special features present in the product.
Setting budget for advertising and promotional activities of the product.
Giving account of the business location with the inclusion of advantages and disadvantages of marketing.
Setting up of pricing strategy for the product.
Creating market segmentation for the convenience of the organization.

Implementation of a market plan reduces efforts of both marketer, as well as, distributors. It reduces money, time and man power, as well. Due to the existing competition in the market, implementation of the proper system has become an essential activity or necessity in context of ...

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  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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