As digital channels and consumer touchpoints continue to expand, and instant access to information grows, the cost of acquiring new customers rises across industries. For healthcare marketers, the challenge is even greater- identifying the most relevant direct-to-consumer (DTC) audience in real time is increasingly complex as consumers can effortlessly research and explore alternative treatment options with a single tap or click.
This dynamic landscape makes static audience segments, historical insights, and traditional brand loyalty less reliable for future campaign forecasting. The problem is further compounded by siloed systems that separate real-time behavioral and engagement data from omnichannel activation platforms, leading to fragmented insights and inefficiencies in DTC healthcare advertising strategies.
Additionally, research shows a 222% increase in customer acquisition costs (CAC) between 2013 and 2022, mainly due to two reasons. First is the growing demand for online advertising, which has increased costs across media channels. The second is growing privacy restrictions, significantly limiting advertisers’ ability to serve consumers with targeted advertising, let alone convert with a brand. These changes have especially impacted DTC advertising efforts, including those in the healthcare industry.
No healthcare brand can afford to stop trying to win over new consumers. What they can afford, however, is to optimize precision targeting solutions to target consumers with the greatest relevance and likelihood of converting. But how do they find them efficiently and effectively in a privacy-safe way?
PulsePoint can leverage a brand’s first-party consumer data - individuals who have taken key digital actions, such as visiting a website or completing a form - to create the Lookalike Audience models. These models help identify and reach high-value consumers who share similar behavioral, demographic, and engagement characteristics, enhancing targeting and driving conversions.
Lookalike Audiences use machine learning to analyze patterns from a brand’s historical DTC campaigns, identifying traits that define high-value audience segments. By doing so, they pinpoint new audiences with a high likelihood of engagement and conversion.
At the core of a Lookalike segment is a seed audience, which is the group of users who have already interacted with the brand, such as those captured through conversion or retargeting pixels. These engaged users serve as the foundation for expanding reach to similar prospects.
The Lookalike model then applies machine learning algorithms to compare this seed audience against a larger user pool, identifying key traits such as browsing behavior, geographic location, and purchasing habits to match and target new potential consumers effectively.
In health advertising, Lookalike Audiences offer major benefits. They allow you to target visitors with characteristics similar to your existing ones. This increases the likelihood of these prospects engaging with your brand and can lead to higher conversion rates and improved marketing campaign performance.
Reaching the right audience is everything in DTC healthcare marketing. But in a competitive space with ever-changing consumer behaviors, relying on outdated or static audience segments won’t cut it. That’s where PulsePoint’s Lookalike Audiences come in, leveraging machine learning and real-time health insights to expand reach and engage new, highly relevant consumers.
Users start by selecting a conversion or retargeting pixel as a basis for the seed audience creation, and adjust a similarity slider to control how closely a Lookalike Audience mirrors the original seed audience. A well-balanced Lookalike Audience helps you scale your campaign without sacrificing quality, ensuring you reach people most likely to engage with your brand.
Using data from historical DTC campaigns, PulsePoint’s platform identifies patterns in consumer behaviors, demographics, and interests to create a Lookalike Audience - a group of new users who closely resemble your original audience. This ensures you’re reaching the people most likely to engage with your brand at critical decision-making moments. PulsePoint’s Lookalike Audiences are:
What sets PulsePoint apart is our ability to enhance Lookalike Audiences with real-time health insights. Unlike traditional third-party data, our approach ensures you’re engaging consumers when they’re actively researching health topics.
Why this matters:
By fueling machine learning-driven Lookalike Audiences with PulsePoint’s deep data foundation, brands can reach the right consumers at the right time - when it matters most.
Lookalike Audiences can help health advertisers broaden their DTC audience reach and drive conversions based on behavioral similarities—all while saving time, optimizing ad spend, and producing better campaign results. If you’re ready to find more customers like your best ones using Lookalike Audiences, contact us today to learn more.
Want to learn how PulsePoint’s Lookalike Audience Solution can improve your healthcare marketing strategy? Contact us today for a free consultation!