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Planning strategic marketing for non profit organizations
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AARP, a nonprofit organization has well over 35 million members by promoting values for people over the age of 50 years. They were marketing based off researching the member’s needs, wants, and values. Also, to meet the baby boomers’ needs and wants, AARP evaluated online media based off researching the marketplace. AARP has a competitive advantage by offering insurance plans and discounts on other products and services. They built a positive image based off their reputation of "the
Describe the differences between nonprofit and for-profit hospitals. William & Torres provided a table to reflect hospital ownership, and noted that some hospitals, while owned by one type of entity, may be operating under a contract by another entity, such as a hospital management company (Williams & Torres, page 185). Some of the largest groups of hospitals in the nation are nonprofit community hospitals (Williams & Torrens, page 185). Nonprofit entities, including hospitals, function under special provisions of corporation law in each state, and under federal and state tax provisions that recognize their community service function (Williams & Torrens, page 185).
The nonprofit sector in America is a reflection some of the foundational values that brought our nation into existence. Fundamentals, such as the idea that people can govern themselves and the belief that people should have the opportunity to make a difference by joining a like-minded group, have made America and its nonprofit sector what it is today. The American "civil society" is one that has been produced through generations of experiments with government policy, nonprofit organizations, private partnerships, and individuals who have asserted ideas and values. The future of the nonprofit sector will continue to be experimental in many ways. However, the increase of professional studies in nonprofit management and the greater expectation of its role in society is causing executives to look to more scientific methods of management.
When some clients think Aflac, they are thinking about the white duck. It’s not often you don’t find yourself thinking about Aflac and putting those two things together. In considering this case there were many things that found to be interesting. Aflac is the company that we are going to be looking at today.
Marketing at the Vanguard Group. In light of an evolving market, faced with new competitors, and after a careful analysis of their current customers, the Vanguard Group (hereinafter referred to as “Vanguard”) realizes it must rethink its entire marketing strategy. However, in order to protect and leverage their competitive advantage, which is their low management fees, and to optimize the loyalty that their customers continuously demonstrate toward their organization, they must now target the most profitable segment for them, and develop the best way to serve and delight these customers. SITUATION ANALYSIS Highlighted SWOT Strengths Low fees strategy - a good idea.
In 1958, Dr. Ethel Percy Andrus, a retired educator, founded an organization dedicated to helping all persons over the age of 50.2 The organization, called the American Association for Retired Persons, or AARP, has grown over the years and reports to have 30 million and four thousand chapters nationwide.2 The AARP is unlike any other interest groups because it is a non-profit organization. Similarly to other interest groups, the AARP is a policy specialist that has a narrow view. Their three main policy goals are economic security for the elderly, affordable comprehensive health care for all, and improvements in the attitudes about the elderly in the workplace.4 Research on elderly needs and the economy, as well as a large volunteer network help the AARP influence thousands of potential members every year.5 The AARP is the oldest and largest interest group focused completely on senior citizens, using its numbers and resources to persuade policy makers for the benefit of the members of the organization.
The long-term care system consists of an integrated continuum of many institutional and non-institutional providers who deliver extended care when needed. Long-term care providers deliver a variety of care to individuals with chronic, mobility and/or cognitive impairments/limitations. These providers include: nursing facilities, sub acute care, assisted living, residential care, elderly housing options and community based adult services (Pratt, 2010). A great majority of these providers are already taking care of the many baby boomers that are present today and will be present in the future. “Baby boomers” are individuals who were born between the years 1946-1964. Since 2011, every day 10,000 baby boomers turn 65 years old (Pratt, 2010). This
A managed care organization is a collection of clinics, doctors, hospitals, pharmacies and other healthcare providers who come together to offer health care to persons who are sign up for the services. In many cases, managed care organizations operate and are referred to as networks of health care providers. Managed care organizations are comprised of health care experts from different fields who come under an agreement to offer health care services to members. Once a member signs up, all their heath care needs are covered by the managed care organizations. Access to care outside the organization is restricted. Members under managed care organizations are usually assigned a primary care physician (PCP) who is the primary care giver for the member. The PCP is tasked with analyzing a member’s health problem before referring them to other sections of the managed care organization. Managed Care Organizations are usually well coordinated to meet the needs of members who have registered under their banner.
A merger occurs when two or more organizations decide to join forces and become one organization. One or more organizations must dissolve for this to happen. Sometimes all involved organizations dissolve and take on a completely new name. Sometimes one organization survives, and keeps their name, while the dissolved organization(s) must fall into the surviving organization's business structure. In the for-profit sector, this latter situation would be considered an "acquisition". However, in non-profit organizations, there are no owners. Therefore, since the ownership of another organization cannot be acquired, legally it would be considered a merger (Strategic Restructuring).
in society, thus came about his idea to form the AARP. The AARP is a nonprofit,
In this unit, we will be discussing real-life healthcare organizations, the 5 P’s of healthcare marketing, and evaluation strategies that may be used to determine marketing potential.
Writing has always been my passion. With this passion I have discovered other artistic talents I possess. It has lead me to a desire to start my own publishing and film business. However, I not only wish to further my career, but assist in the artistic growth of Christian teens in my community and beyond with the creation of my own non-profit. This non-profit will aid Christian teen artists (ages 12-19), from all art backgrounds, in gaining guidance, knowledge and supplies. It will also aid in growing their skills by teaching them to employ their supplies and knowledge and expanding upon them.
Through a pervasive campaign on social welfare platforms, the firm strives to reach the underprivileged in society. Through these platforms, it aims to interact with welfare agencies, both at the State and Federal levels. It will also have workshops throughout the country to serve as information points for its services (Baker, 2012). Comprehensive marketing targeting the hospices and nursing homes will be put in place. Marketing agents of our organization will actively involve themselves in the marketing process that will involve hospice and other existing
Prior to reading about “Aging in America”, I was aware of economic, long-term care, and health care concerns with “baby boomers” retiring over the next few decades. However, some of the actual statistics Squiers found were surprising, for instance there are approximately “75.9 million” adults in the baby boom generation (2005, p. 193) and the U.S. has the third largest population of seniors. Also informative was that the “baby boomers” will lose both Medicare and Social Security benefits due to there being “nearly twice as many boomers as there are current Medicare recipients” (Squiers, 2005, p. 193) and the funds will not be enough to cover the number of people aged 65 and older coming into retirement.
America is a country where everyone is free to live however they like, but it is possible for some people to live a happy life, if no one is around to take care of them. Nearly three hundred million people reside in the America, and out of those three hundred million populations, senior citizens make a 12 percent of the entire population. A senior citizen is commonly known as a person who is over the age of 65 and living on retirement, or known as social security benefits (Census Bureau). Ever since Franklin D. Roosevelt implied the act of Social Security in 1935, seniors are regularly provided a financial help, but seniors, along with financial help, seeks also accompany of someone who can look after them. Because of constantly growing needs of senior citizens, government as well as many non-profit organizations is working on helping seniors. Therefore I decided to research on this particular issue in my community, and I found that 64.5% of seniors are living alone in metropolitan area of Atlanta.
To create a that service that appeals to baby boomers, 50 years or older, you need to look at what their needs are. The select demographic that is being targeted are those that are not-yet-retired, earning at least $100,000 in professional or high-level corporate careers and work an average of 60 to 80 hours per week. This select group likes to look good, be social and stay healthy. Time is also a big issue for them. In other words, what can I offer this demographic that would hit all the key points above and would make them want to pay me money.