Media in the U.S

St. Luke’s University Health Network Expands with Innovare

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| Friday, October 25th, 2019

Three New Hospitals Take Advantage of the Innovare Program

Innovare Medical Media recently announced its expansion within the St. Luke’s University Health System. St. Luke’s Hospital has partnered with the Innovare Community Showcase for their Gnaden Huetten and Miners Campuses, as well as Geisinger St. Luke’s Hospital. Each hospital will receive charging solutions embedded with a state-of-the-art LCD screen to feature premiere hospital content as well as approved local business content. These charging stations will allow the hospital to market towards patients, visitors, and other healthcare professionals while they are conveniently able to charge their devices for free. 

Innovare is proud to say that now there are ten hospitals within the network that have successfully implemented the Innovare project. Also, this initiative has brought over 80 local and regional business partnerships to those hospitals which would not have been possible without the support of Innovare. These businesses have the opportunity to market to a highly sought after local audience by reaching patients, visitors, and healthcare professionals inside of these hospitals.

To learn more about Innovare, please visit www.innovaremedia.com

The Rule of Seven

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| Friday, October 18th, 2019

When repetition is key, our advertising solutions check every box.

In today’s world, people are continuously being funneled targeted messages. It is challenging to get past all this noise and be heard. This is where the Rule of Seven comes in to save precious marketing dollars and strengthen the impact of business content. Studies show that a potential customer has to be exposed to a product or business an average of seven times before they notice and start to take action. Hospital Placed Media is a prime opportunity for companies to leverage the Rule of Seven and target a highly attractive and valuable niche audience. 

Building Trust

Consistency is critical when it comes to marketing a business, and continuous exposure builds trust with potential customers. When a consumer is exposed to a brand multiple times and can process it over time, the customer is more likely to trust the brand and the expertise they claim to have. Consistent and repetitive branding is proven to work. This, along with the highly targeted audience Hospital Placed Media provides, businesses are marketing in a location the consumer trusts, which supports higher conversion rates. 

Mix it Up

Savvy marketers understand that variety in their marketing mix helps expand their reach. Businesses that feature their content in multiple channels will have greater success in creating seven or more touch points with their target audience. As Hospital Placed Media provides exposure to key local demographics, it is critical Hospital Placed Media is part of a business’s marketing plan.

 Ground Floor Exposure

Hospital Placed Media is a fast-growing channel that many businesses are just starting to explore with success. With valuable media opportunities across the country in leading markets, companies now can receive more quality exposure at a high rate.

How is your business making the Rule of Seven work for you? With opportunities coast-to-coast, Innovare’s nationwide Hospital Placed Media Platform can help your business today. 

Hospitals and Innovare Medical Media Partner to Combat Opioid Addiction

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| Tuesday, September 24th, 2019

Providing Free Digital Hospital Marketing Space to SAFE Project

SAFE Project x Innovare graphic

Hospitals nationwide have partnered with Innovare Medical Media (Innovare) providing free digital marketing space in hospitals for SAFE Project to help reduce opioid addiction in America. SAFE Project was founded in November 2017 by Admiral Sandy and Mary Winnefeld following the loss of their 19-year old son Jonathan to an accidental opioid overdose. Their mission is to contribute in a tangible way to overcoming the addiction epidemic in the United States.

Reaching the Masses

In this initiative, these hospitals and Innovare have together donated critical marketing space on large digital screens installed in high traffic areas on hospital campuses. Nick Lieberman, President of Innovare, said: “These marketing messages will effectively reach millions of visitors, patients and healthcare professionals with a strong message to fight this epidemic.” Since the Innovare startup, the IMM team has installed hundreds of free cell phone charging stations in hospital cafeterias, lobbies, and waiting areas. The Innovare charging station design incorporates large digital screens for valuable marketing use by the host hospital and regional sponsors.

The U.S. government reports that up to 29 percent of patients who are prescribed opioids for chronic pain misuse the drug every day and more than 47,000 people in the United States die every year after overdosing on opioids. Admiral Winnefeld, Co-Founder of SAFE Project says “The most important thing we can do is share the lessons we’ve learned and gathered, giving other families the benefit of ‘If I only knew then what I know now.” Nick Lieberman added, “It is an honor for our team to partner with Sandy and Mary and SAFE Project in their incredibly important mission of reducing opioid addiction in America. We are excited that our hospital media network will provide crucial knowledge to valuable target audiences at these hospitals across the USA.”

Boidman on Out of Home Strengths and Risks

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| Tuesday, May 22nd, 2018

May 22, 2018 12:05 am

PJ Solomon investment banker Mark Boidman gave a fast-paced talk on the strengths and risks of out of home at the May 7-9 GO2018 conference. Here’s a summary.

Out of Home Strengths

The big audience. Out of home is the only form of media which can deliver an unsplintered audience. TV in particular has fragmented. A prime time show or TV event does not deliver the viewership it used to due to the proliferation of TV channels and cord cutting.

Projected growth. Out of Home is the only form of media which is expected to grow in the next four years because technology is a friend to out of home and an enemy to most other media. Digital billboards and smartscreens will drive revenue. Look at this slide. Out of home is projected to grow 4%/year over the next five years. Newspapers, TV, radio, magazines and directories are projected to decline.

Out of home overindexes with top brands. Google and Apple are spending 9% of their advertising budget on out of home while the average for all US companies closer to 3% on OOH.

 

 

To read more please go to: http://billboardinsider.com/mark-boidman-on-out-of-home-strengths-and-risks/#utm_source=rss&utm_medium=rss

How Outdoor’s Digital Transformation is Winning Over Advertisers (in the UK)

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| Tuesday, August 1st, 2017

The outdoor ad industry has invested huge amounts in a digital transformation that has helped reignite excitement among marketers by making the format more creative, interactive and targeted.

By  

Print experienced a whopping 10% fall to £1.1bn in UK ad spend in 2016. Direct mail also struggled, with an even steeper 10.4% fall to £1.71bn. TV, meanwhile, saw flat 0.2% growth to £5.27bn, which is forecast to turn into a 0.5% decline by the end of 2017, according to the AA/Warc’s annual Expenditure Report. Compare this to the 13.4% rise in internet ad revenues (£10.3bn) and the 45.4% increase in mobile ad spend (£3.86bn) for 2016, and there’s clearly a stark difference.

However, it isn’t all doom and gloom for the so-called traditional advertising channels. Last year, out-of-home grew total ad revenues by 4.5% to £1.1bn. And although this is predicted to slow over the coming years (2017: 3.4%, 2018: 2.3%), outdoor is backed to remain in positive territory while other traditional channels are expected to fall into even deeper decline.

Read entire article:  https://www.marketingweek.com/2017/07/24/outdoor-advertising-digital-transformation/

Hospital Placed Media is a growing force in the Digital Out-of-Home industry:

 

Spending on health care reached $3.4 trillion in 2016 and is expected to rise, report says

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| Tuesday, February 21st, 2017

Sabriya Rice, Business of Healthcare Reporter (2/16/2017)

Americans spent nearly $3.4 trillion on health care in 2016 and those costs are outpacing the averageimages1 projected increases in the gross domestic product, according to data published Wednesday.

Health spending grew 4.8 percent in 2016, slightly less than the year before when it rose 5.8 percent.
However, don’t expect the expenditures to stall for long, the report found. They could account for nearly 20 percent of U.S. spending by 2025.

The new data from the federal Centers for Medicare and Medicaid Services was published online in the policy journal Health Affairs.

According to the analysis, health care spending will grow at an annual average of 5.6 percent from 2016-2025, leaving the nation’s health care tab at $5.5 trillion in less than a decade. That would account for about one-fifth of the economy and dip into the budgets needed to fund other national priorities.

To continue reading this article please visit: http://www.dallasnews.com/business/health-care/2017/02/15/spending-health-care-reached-34-trillion-2016and-expected-rise-report-says

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