What is white-space analysis in healthcare sales?
Also called: white space, untapped market analysis
White-space analysis compares your current customers with the full market to find organizations that match your best customers but don't buy from you yet.
Why it matters for healthcare sales and marketing
It turns a vague growth goal into a list of specific accounts. Sales gets prioritized targets, marketing gets an ABM list, and leadership sees how much opportunity remains in each region or segment.
How it works
- Define the profile of your best customers.
- Count every organization in the market that matches it.
- Remove current customers and open opportunities.
- Rank what's left by fit and region.
- Get contacts for the decision makers at the top accounts.
Example
Illustrative scenario. A revenue cycle software company finds that most of its customers are mid-sized community hospitals in two states. Matching hospitals in neighboring states become its white space, ranked by size and EHR fit.
Common mistakes
- Skipping suppression. Remove existing customers first.
- Defining fit loosely. Base the profile on real customer data.
- Stopping at account names. You need contacts to act on it.
Related terms
Put it to work
- White-space analysis use case: how we run it with you
- Account-based marketing use case: turning white space into target accounts
- Request a count: size your white space