How to Stand Out in a Crowded Market (Instead of Just Thinking You Do)

How to Stand Out in a Crowded Market (Instead of Just Thinking You Do)

by | May 28, 2025 | Blog

Some health technology entrepreneurs are absolutely convinced their company has a unique, revolutionary solution that will transform healthcare. And they will not hesitate to tell you!

Most, however, are more grounded. They only have to look around to see that the problems their solution is designed to solve – whether it’s clinical data quality, patient identity, billing accuracy, etc. – have attracted the interest of other clever and well-intentioned people. They have  competition! Worse, some of these sector rivals are well-funded.

Which doesn’t mean your solution is any less genuinely transformative to healthcare consumers, providers, payers, or researchers. What it does mean is you likely face a formidable challenge in rising above the noise in your sector to attract and capture the attention of potential customers and investors. After all, there are a lot of stories being told out there.

So how can healthcare PR and marketing pros make their company’s story compelling enough to break through and stand out in a crowded market? For starters, health tech companies can gain a market advantage by clearly articulating (and repeating) across multiple channels what problems their solutions solve and how these solutions benefit patients. Why should customers choose your solution and not a competitor’s? You need a great answer to that question.

Hone your marketing language to highlight your company’s competitive differentiators. Once you’ve locked in on a framework for your messaging, you can deploy several specific techniques to help your health tech company rise above the clamoring masses. These include:

Practice precision marketing

The marketing messages that resonate with potential customers such as provider organizations or payers may not resonate with investors. While a hospital or health plan will want to know what your technology costs and how it would help them improve care quality or operational efficiency, they’re not interested in a graphic showing the projected growth of your startup’s market sector. Investors, on the other hand, care deeply about a sector’s growth potential as well as a prospective portfolio company’s strengths and weaknesses (particularly its technology and leadership team) relative to the competition.

It is essential that you learn the needs and pain points of each target audience and then tailor a message that specifically addresses them. Try to get feedback from members of your target audience (or people who understand their concerns and priorities) and then modify as necessary.

Go multimedia

We may be in the technology business, but humanity sells. The human connection is a powerful thing; people like to hear and see other people talk. That’s one of the reasons why podcasts have become so popular. If there is someone in your company who could shine on a podcast, do not hesitate to get that person some training and some bookings.

No matter how nervous your subject matter expert may be, once they see the positive response internally and externally, they’ll be pestering you for more podcast opportunities. Then they’ll ask for help getting an agent.

You also can use multimedia in social media and in press releases. Spice up your messaging with pictures, graphics, and even short videos. You won’t need to hire a crew for a three-camera shoot, either; videos can easily be recorded on a smartphone.

Get customers to tell their story

I know, it’s one of the hardest things in marketing. A health tech company’s customers – whether they’re a hospital, health system, payer, or academic center – may not want to get involved in your marketing efforts because 1) they’re pretty busy doing their own jobs, and 2) they worry about being perceived as shills for a vendor. From their perspective, those aren’t unreasonable concerns.

But you won’t know what your customers say until you ask. Suggest doing a white paper on their experiences with your solution or ask for one of their spokespeople to join you on stage at an industry conference or for a podcast. People like to talk about their successes and impart advice to colleagues. It’s all upside to them.

One great selling point for healthcare marketing and PR pros who are trying to get a customer to share their experiences is to emphasize that the customer’s story (and yours) centers around how they were able to better serve patients using your technology, not the merits of the technology itself (which should be apparent in the telling of the story). Again, it’s an opportunity for the customer to talk about what they’re doing to help patients, research, or efforts to control healthcare costs.

Conclusion

To succeed in highly competitive markets, health tech vendors need a coherent message centered around how their solution benefits both patients and potential customers. By tailoring these  messages to targeted audiences, leveraging the power of multimedia to build human connections, and working with customers to communicate powerful success stories, health tech vendors truly can stand out in a crowded market.

 

New Year’s Resolutions for Improving Your Company’s Messaging

New Year’s Resolutions for Improving Your Company’s Messaging

by | Jan 8, 2025 | Blog

The start of any year is an ideal time for healthcare companies to review and, if necessary, revise their brand messaging. The industry moves fast, and the message that resonated in January may be gathering mold a few quarters later. Or a healthcare company may want to reach a new target audience as its product evolves and market dynamics change.

Here are three possible marketing and public relations resolutions for 2025 that, if embraced, will help healthcare companies raise their profiles and distinguish themselves  from the growing crowd.

Lose the meaningless jargon

Stop telling people your company is “transforming healthcare.” It’s a meaningless phrase used by virtually every healthcare startup. I know because I’ve typed variations of the word “transformational” at the behest of countless clients. I haven’t crunched the numbers, but I’d say there are almost as many companies claiming they’re transforming healthcare as there are “visionaries,” “innovators,” and “trailblazers” on LinkedIn.

Likewise, try to eliminate words and phrases such as “value proposition” and “leveraging,” which are best left for business-school debates. As Amendola founder Jodi Amendola wrote in Forbes last summer, such words “are so tired that they have come to mean virtually anything to anyone, and in turn, they have lost all effectiveness in conveying a unique, memorable marketing and communications message.”

If you’re not unique, you don’t stand out. And if you don’t stand out, you’re essentially invisible. Not exactly the “value proposition” you want from your marketing and PR initiatives, is it? Don’t give potential customers a reason to tune you out.

I also think we’re at the point where healthcare companies need to evolve their messaging beyond terms such as “patient journey” and “social determinants of health,” both of which feel dry and disconnected from real people. Unfortunately, I have no better suggestions. Perhaps an innovative, trailblazing visionary can step forward.

Establish a multimedia presence

When social media took off, some healthcare companies became aggressive early adopters while others held back, not sure whether LinkedIn, Twitter, Instagram, and other social platforms were worth their time. If they had to do it all over again, I suspect the laggards would have moved faster to expand their messaging through these channels.

Don’t make the same mistake with multimedia. Audio and video are powerful mediums not only for communicating information, but for connecting with people. For as powerful as the printed word can be, nothing compares to listening to a person talking or watching them speak.

Printed words can’t communicate vocal inflections, eye contact, or a sincere smile the way multimedia can. While these things may not have anything to do with your product’s capabilities or a customer’s specific problems, they can convey a level of trustworthiness and credibility that the printed word can’t match.

A lot of healthcare companies are taking advantage of audio and video podcasts to deliver their message. It would be smart to use those acquired skills to produce short videos for LinkedIn and other social media platforms that make sense for your company. Including videos in press releases is another way to attract media coverage. None of this requires the construction of a video studio; a smartphone and uncluttered background is enough.

Get customers to tell your story

One of the most common challenges facing healthcare companies is persuading  customers to help spread the word about their products and services.

Easier said than done, I know. There often are valid reasons why a customer doesn’t want to be co-opted into your PR strategy: They’re busy, they don’t want to be perceived as endorsing a product, and besides, it’s not their job to promote your “transformational” solution.

Nobody, however, is going to tell your story as effectively as a satisfied, real-world customer whose problems you helped to solve. This type of testimonial will resonate with a prospective customer far more deeply than your company pitch deck. Further, having a customer willing to speak publicly will exponentially increase your company’s chances of getting onto conference stages (and thus in front of your target audience). That alone will separate your company from the pack.

Your best chance of getting a customer to talk about your product is to emphasize the genuine benefits to them and remove obstacles (such as investments of time) that are disincentives to participation. If they are truly impressed with your product and you make the process easy for them, customers will be far more likely to talk about how your company’s product helped them. If companies with similar challenges are listening, this messaging will catch their attention.