BYP 121 - What Healthcare Brands (Like Advil) Can Teach Us About Marketing with Vince Parry - a podcast by Mike Kim

from 2017-06-12T16:22:52

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What do you do if you market a product or service that people HAVE to buy, rather than WANT to buy?

In this episode I interview Vince Parry of the Parry Branding Group. Vince is one of most recognized experts in the field of healthcare branding and has worked on many of the most iconic health and wellness brands over the last 30 years, including Lipitor, Colgate Total, Botox, Prozac, Dove, Advil and Vioxx.

The insights Vince shares will expand your understanding of marketing and branding because in healthcare, most people are purchasing products to recover from loss rather than step into some greater aspirational gain.

Tune in and you'll learn:

  • How your customer's identity can change because of unforeseen circumstances (such as illness)
  • How that psychology affects people's purchasing decisions and brand loyalty
  • How the healthcare industry brands super-villains: sickness, symptoms, disease
  • How the healthcare industry (controversially) names diseases to take the power back from disease
  • The branding secrets behind Advil that gave it a competitive edge over Tylenol and Aspirin

This is one of the most fascinating interviews I've participated in and if you listen with open ears, you'll learn a lot about tapping into the problems customers want to solve.

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