BAC Medical Marketing
  • Home
  • Who we are ▷
    • Mission statement
    • Meet the team
    • We attract new patients
    • More for less
  • What we do ▷
    • Services offered
    • IdentityFind
    • MEDShield
    • Project samples
  • How we work ▷
    • Workflow process
    • BACMM affiliate program
    • Clients
    • Glossary
  • Why we're different ▷
    • Search engine optimization
    • Case studies
    • Letter from the President
    • Spotlighted products
  • When we're needed ▷
    • Consultancy compensation
    • Marketing tips
    • BACMM Blog
    • FAQs
  • Contact ▷
    • News you can use
    • Testimonials
    • Online resources
    • Jobs at BACMM
Call Today: 800.240.9473

12 Of The Biggest Mistakes In Marketing Your Practice

10/14/2010

0 Comments

 
For the professional beginning to promote his or her practice, mistakes are a way of life. For some, they’re a costly way. But no one can afford many mistakes in a tough economy, and now it needn’t be so, as I will now share some of the biggest mistakes in practice marketing with you so you can avoid them.

Even though judgments of taste and creativity are often called for in promotion, there are some absolutes — especially absolute mistakes. So to assist you in your learning curve — and to save you time and money — here are a dozen of the biggest mistakes in marketing and advertising your practice. Now you’ll know how to spot them and how to avoid them.

1. Promoting at the wrong time
On a limited budget, start your promotion just prior to your busy season and end it just prior to a seasonal fall-off. Don’t spend your money promoting during dead times unless you’ve spent sufficient money promoting during the up times. It’s always less productive and costs more money.


2a. Choosing the wrong office location
The right one is in an area with an advantageous professional to population (or company) ratio. The wrong one is selected solely on the basis of where you want to live.


2b. Choosing the wrong office location
A freestanding building almost always offers better outdoor signage opportunities than a professional building does. And signage is so crucial in attracting the public that, if done well, it can produce a third of your new patients or clients.


3. Not knowing how to handle objections
If some professionals could hear their staff members handle an objection from a caller, they might well be distraught. Then they’d surely know they’re losing big dollars because their front desk often shoots answers from the hip. Instead: Script out sample answers for each common objection — no money, no time, no interest, no need and I’ll think it over. Results: optimal answers and many more appointments.


4. Not answering price queries correctly
When people call to ask how much, don’t just mention the price. First, explain the unique benefits of receiving the service or product from you. Then quote the price. Without explanation, your services are just like everyone else’s, so price can be the only determinant. With it, you can charge even more.


5. Not preparing a marketing plan
Without analyzing your competition, your objection, your budget and to whom you’re directing your promotion, you’re susceptible to two potential disasters. One — being swayed by salespeople into buying poorly designed and incorrectly targeted promotions. Two — failing to consider all important variables. Both lead you to big losses and dead ends. Instead: Construct a marketing plan first.


6. Sponsoring clubs or sports teams
If it’s not mandatory that the players come in (or are brought in by parents) for a free service so you can meet them, then recognize your sponsorship as altruism, not practice building.


7. Promoting in school yearbooks or church bulletins
These expenditures should come out of your charitable contributions account, not your promotional budget.


8. Putting your name in your ad’s headline
Melvin Belli, Esq. and Michael DeBakey, M.D. can put their names at the top of an ad to get it read. But rarely does a practitioner have enough public recognition to have his/her name entice a browser to read. Instead: Head the ad with strong benefits for coming to you, and keep your name and logo at the bottom.


9. Writing direct mail yourself
Direct mail is the most difficult type of promotion to create. Why? Because it requires that specific techniques be built into a piece to stimulate immediate response. Practitioners rarely have the knowledge — or the talent. Unfortunately, most copywriters aren’t familiar with them. Instead: In direct mail, it almost always pays to hire direct mail specialists. Your response rates can jump 20 times.


10. Cutting prices first
Prices should be the last element in your marketing formula to fiddle with. Before cutting prices, promote other aspects of your practice — experience, new services, selection, hours, convenience, etc. If all else is ineffective, then play the price game.


11. Not knowing your bottom line
If it’s to attract new patients or clients or to retain old ones, that’s the goal. If it’s to please your colleagues (or competitors), that’s a different goal. And each one produces a different kind of promotion. If a promotion is well-done, your competitors will feel threatened, as they should. If they don’t, it’s probably not well-conceived. Knowing which goal is your true bottom line from the beginning saves you money and anguish.


12. Not coding and tracking your advertising
Without effective tracking of which ads are producing how much in what media, you can’t stop the losers and pump up the winners. So to greatly improve ad results, insert keys into your ads — false phone extensions or individual telephone lines for each specific medium. That way, you know the source as soon as they call. Asking them where they heard about you yields 30% to 50% incorrect responses.


And a bonus tip, to make it a baker’s dozen
13. Practice brochures that don’t sell you
Most don’t because they contain extraneous or even negative selling points, like what to do in an emergency, a warning not to miss appointments, a requirement that you pay at once, etc. Instead: Put all the rules in an inexpensive brochure to be given to existing clients or patients. Put only convincing copy in your practice brochure.
0 Comments



Leave a Reply.

    Author

    Bruce A. Cadkin, MBA President                          BAC Medical Marketing

    Archives

    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    April 2011
    March 2011
    February 2011
    January 2011
    December 2010
    November 2010
    October 2010
    September 2010
    August 2010
    July 2010
    June 2010
    May 2010
    April 2010
    March 2010
    February 2010
    January 2010
    December 2009
    November 2009
    October 2009
    September 2009
    August 2009
    July 2009
    June 2009
    May 2009

    Categories

    All
    Advertising
    Affiliate Marketing
    Affiliate Program
    Anna Deavere Smith
    Avoiding Malpractice Suits
    Best Practices
    Blogs
    Branding
    Cash Only Medical Practice
    Concierge Medical Practice
    Crisalix Estetix
    Customer Service
    Defensive Medicine
    Dental Practice Marketing
    Developing Physician Leaders
    Electronic Medical Records
    Emwave Products
    Expert Panels
    Facts And Figures
    Gene Smart Wellness
    Going Dutch
    Gum Disease
    Healthcare Reform
    Heartmath
    Holiday Poems
    Ingenio Expert Advice
    Internet Marketing
    In The News
    Let Me Down Easy
    Liveperson Expert Advice
    Managing By The Numbers
    Marketing Momentum
    Marketing Strategies
    Martin Luther King
    Medical Marketing
    Medical Tourism
    Meta Tags
    Mobile Marketing
    Money Driven Medicine
    Most Influential Physicians
    Omega 3 Index
    Online Reviews
    Patient Advocate
    Patrick Soon-Shiong
    Physicians At Funerals
    Practice Advertising
    Prayer Over Treatment
    Pro Football Head Trauma
    Psychographics
    Public Relations
    Referral Marketing
    Search Engine Optimization
    Social Media Marketing
    Solution To Medicare
    Staff Training Programs
    Steve Jobs
    The Art Of Apology
    Top Medical
    Web Site Design
    Web Site Marketing

    Bookmark and Share

    RSS Feed

    Picture

    I'm an expert on Maven!

    Consult with me on Maven



    Zintro Expert
    zintro.com/expert/Marketing-Maven

    Ingenio Expert

    Picture
    Liveperson Expert

    Reuters Insight Expert

    Which of the following changes in your practice most accurately reflect your goal? (Check all that apply) I would like to...
     
    pollcode.com free polls
    YouTube
    Twitter
    Code Of Ethics
    Medical Blog Award
    Picture
    Picture
    Picture
    Picture
    Picture
    Picture
    Picture
    Picture
    Picture
    Dosie Award
    Weblog Award
    AlleyDog Award
    Best Blog Contest Award
    Blogtrepreneur Award
    Top 100 Blog Award
    Blogger's Choice Award
    Blogger's Choice Award
    Blog Advertising - Advertise on blogs with SponsoredReviews.com
Privacy Policy & Cookies Policy -- Terms & Conditions of Use -- Site Map 
                
      BAC Medical Marketing, BACMM and BAC / BACMM logos are trademarks of BAC Medical Marketing.


           © Copyright 2005 - 2019 BAC Medical Marketing. All rights reserved.


Picture

Protected by Copyscape Duplicate Content Detector
Website designed by Black Mamba