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Collin Peck-Gray
Senior Partner & COO @ Lantern | Driving growth for startups
Collin Peck-Gray is the Senior Partner and Chief Operating Officer (COO) at Lantern, where he focuses on driving growth for innovative companies. He has a background in full-stack growth marketing, particularly within the healthcare sector.
Peck-Gray is also noted for his entrepreneurial spirit, having been a finalist in the Williams College Business Plan Competition, where he pitched a business plan for a project called “ourCal.” Additionally, he hosts a weekly comedy show, showcasing his diverse interests and skills beyond the corporate environment.12
Highlights
Successful healthcare brands are increasingly borrowing from the CPG marketing playbook.
By this, I mean the consumer packaged goods playbook.
Not the specific playbooks I build for our digital health clients at Lantern, though many of my marketing peers have pointed out the fun coincidence of my initials.
Puns aside, as someone who’s been leading growth strategy for both CPG and healthcare startups for many years, it’s been fascinating to witness these two industries converging around several common best practices.
Here are some classic CPG tactics that we advise our healthcare clients to incorporate into their growth strategy:
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Distinct Branding A recognizable, relatable brand is everything. From logos to mission statements, healthcare companies need patients to see them as trusted, familiar names - especially when they are new to the market.
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Consumer Experience Providers that focus on the patient experience in their advertising and product design smooth the path to conversion (whether DTC or B2B2C) and create a loyal patient base.
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Digital Media Savvy brands are adopting tried and true tactics like SEO and targeted online ads to acquire & engage with potential patients. This is true for B2B2C activation campaigns, too - if you’re simply dialing for dollars or sending direct mail pieces, you’re leaving a lot of patients on the table!
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Personalization From targeted communication to customized health plans, the use of data analytics and consumer research is helping healthcare providers deliver more relevant and effective messaging and care.
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Omnichannel Presence There is enormous value in providing a consistent experience both on and offline. This includes user-friendly websites, mobile apps for scheduling and consultations, physical office locations, and hybrid telehealth + in-clinic/in-home approaches to treatment.
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Leveraging UGC Authentic, user-generated content continues to drive high engagement. Patient success stories feel genuine and trustworthy and are a powerful tool for building credibility and boosting conversion rates.
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Data-Driven Marketing The rise of electronic health records (EHRs), wearable health devices, and health apps has generated a wealth of data. Smart healthcare marketers can use this data to better understand patient needs and preferences, while respecting patient privacy and marketing in a compliant way.
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Conversion Rate Optimization We’ve taken dozens of clients through full-funnel optimization sprints, tailoring landing pages to specific sub-segments of audience intent, and a/b testing website signup funnels to the tune of 50-70% improvement in site conversion rate.
Not an exhaustive list - but a great place to start.
Healthcare companies that successfully implement these CPG strategies enjoy the same classic results - brand love and brand loyalty that translate into meaningful growth and revenue milestones!
Imagine waking up every morning with widespread pain and overwhelming fatigue. Then imagine being told that the condition you’re suffering from does not exist.
This has been the frustrating and demoralizing reality for far too many of the estimated 10 million (!) Americans who suffer from fibromyalgia. It's a condition that often leaves patients feeling hopeless, misunderstood, and desperate for relief.
Fortunately, one of our clients is offering more than just hope to these resilient yet exhausted fibromyalgia patients.
As May is Fibromyalgia Awareness Month, I wanted to take a moment to highlight the thoughtful way Swing Care is creating a new standard of care for fibromyalgia patients.
Swing Care is the first online clinic dedicated entirely to the treatment of fibromyalgia. Their specialists work with patients 1:1 to develop personalized, evidence based treatment plans that combine medication management, lifestyle coaching and clinically-proven digital therapies to help patients live the life they want with fibromyalgia - all covered by many insurance providers.
The results speak for themselves - in a recent clinical study, 81% of patients saw improved well-being after just 90 days, including reduced pain intensity, better sleep and improved physical functioning. Swing has a ridiculous NPS and a 90%+ patient satisfaction rating, which is unheard of in this category.
I’m proud to say that Lantern has been able to play a role in growing Swing’s impact. Since we began working with them in November of last year, in close partnership with Nicole Villeneuve and Mike Rosenbluth, we’ve been able to increase monthly new patient volume by 250% while reducing Swing’s cost of acquisition (CAC) by 62%.
Key actions taken to achieve this involved a revamp of Swing’s Meta creative strategy and a robust roadmap of CRO testing. More to come on that in a future post!
It’s easy to feel great about helping clients like Swing grow, knowing that each new patient we acquire is another person who has gained freedom from the old broken treatment paradigm and reclaimed a much better quality of life.
As Swing continues to grow and evolve, they are committed to raising awareness about fibromyalgia and advocating for those affected by it (check out their peer support Facebook group and Youtube, linked in the comments below). We’re committed to supporting them in this important work. Every patient success story fuels our passion and drives us to achieve even greater milestones.
If you or a loved one is one of the millions affected by fibromyalgia symptoms, I encourage you to check out Swing Care.
