UnitedHealthcare (UHC), a $40 billion national healthcare division of UnitedHealth Group, had experienced significant business growth over the past 5 years. However, certain local regions were experiencing tremendous competitive pressure and losing share. UHC responded by pulling all marketing levers across pricing, product, promotions and distribution; but was not certain which elements were most effective in accelerating membership. They needed a more systematic way to measure effectiveness so they could recover share in these regions and apply the learnings to other regions in an increasingly competitive industry.
Using data on behaviors, perceptions and transactions, Prophet assessed the impact of the 4Ps on membership growth through multivariate analytical techniques, both alone (e.g., pricing change only) and in combination (e.g., pricing combined with promotions). Within promotions, we looked at the relative effectiveness of different media – including radio, print, outdoor, online and direct mail. We assessed the return on these investments both from a business impact and brand perception perspective. The understanding of these levers helped to develop marketing plans in other key markets.
The learnings have been applied to different markets and have helped drive membership growth. In today’s challenging and ever-changing healthcare environment, Prophet is continuing to work with UHC to refine the understanding of various marketing levers in a test-and-learn environment and apply them real-time to their business on a market-by-market basis.
Interested in learning more about how Prophet helps companies develop unique brand strategies, create engaging customer experiences and drive business growth? Explore our collection of case studies.
Evaluating Marketing Mix Tradeoffs Watch
This MarketingProfs web seminar features Andrew Pierce, Senior Partner, Prophet, and Chris Gibson, Chief Marketing Officer, UnitedHealthcare.
Client Testimonial Watch
In this video, Chris Gibson, Chief Marketing Officer of UnitedHealthcare, talks about how Prophet helped her company develop a systematic way to measure marketing effectiveness in an increasingly competitive industry.
Interview with Chris Gibson Read
Prophet interviewed Gibson, CMO of UnitedHealthcare, about marketing’s role in and influence over the success of a multi-billion dollar business.