Tag Archives: offer

Lead Generation: What is it and where do I start?

5 Feb

LeadGen2

Generating a steady supply of patients and maintaining a full schedule is a critical part in developing a profitable practice. However, we all know it can be a challenging process. Now is the time to reevaluate your business to determine what initiatives are effectively driving traffic to your office and what things you can be doing differently to generate more leads. This methodology is what marketers call “lead generation”.

In order to diversify your pipeline, you’ll want to attract, nurture and retain a combination of new acquisitions, prospects and customers. To accomplish this, create a plan that communicates messaging to each segment of your target audience via a multi-channel approach; aka your lead generation strategy.

Here are some tips to consider when you’re developing a lead generation strategy:

–  Identify your target audience

Begin by focusing on two major target segments. One type includes the residents within our community who you’ve never met; people won’t visit your location if they don’t know the practice exists. Consider targeting areas within a close proximity to your office, possibly where the majority of your patients are already travelling from.

The other audience segment includes the people already in your database. These leads are uniquely qualified because you have established a connection with them; now all it takes is nurturing that existing relationship. Consider not only your current patients, but also contacts in your database who haven’t physically visited your office. These leads could have been connections from a lunch and learn or health fair; however, these contacts never took the next step to schedule an appointment with your practice. This group tends to get overlooked, yet they are one of the strongest prospect segments.

–  Identify your messaging

Your practice’s selling point is a key message that needs to be communicated to all audience segments. Consider which of your products or services are different or better than what your competitors are marketing in the community. Put yourself in your patient’s shoes and think about what motivates their behavior and buying decisions.  Try to uncover the real reasons why your patients came to your practice and purchased, instead of patronizing one of your competitors.

If you are having trouble identifying your differentiator, ask your patients directly why they chose your practice.  Encourage patients to rate your practice on things like atmosphere, staff, and services; it will not only help you identify your unique selling point, but it will also determine how you can improve your customer service as well.

The other option is to think about your “why” statement. Why did you become a hearing health provider and/or start your business? Integrating this personal statement about your practice helps you stand out among your competitors.

–  Identify goals and objectives

It’s essential to have goals and objectives established when developing a successful strategy. Identifying these benchmarks and milestones allow you to evaluate the success of your outcomes. Make sure your practice’s goals are aspirational, yet attainable, and ultimately support the purpose of your current business strategy. When you are developing your goals, determine if you want to measure by quantity, quality, or both. Examples include growing overall profitably by a certain dollar amount or percentage, achieving or increasing measurable ROI, obtaining more qualified leads, or gaining additional insight into what makes your target audience tick.

–  Determine what to offer

Think about what you can offer your audience that will entice them to convert into a lead. While price is important, it’s not the only reason why people will express interest. If your competition is beating you on price, you have to present the target audience with a relevant benefit that addresses their needs. Then, build your sales and promotional material around that “pain point.” You can create an offering with less perceived obligation and more perceived value (for your leads) and provide it free of charge. This could be a booklet, gift, demonstration or anything else related to your product or service. Think of it like a door opener; something to discover interested individuals and get the conversation started.

Once you have determined what offer(s) you want to promote, you should include a call-to-action (CTA) to support it. This CTA is an instruction to the audience to provoke an immediate response. Something as simple as a “call today” or “call to schedule an appointment” will suffice – and remember to include contact information. Creating this type of urgency will entice consumers to reach out to the practice.

–  Determine the best multi-media approach 

The lead generation techniques of the past look quite different then the modern version. The methods for generating leads in today’s marketplace need to feed your sales pipeline from various channels. This year at AHAA’s Convention, our team will be presenting a multi-faceted lead generation strategy that introduces you to new products and strategies you can employ right away to reach beyond traditional efforts.  Decide which approach offers your practice the most promise after hearing from the business owners who have already boldly embraced today’s lead generation strategies.

Lead generation is the backbone of an effective marketing campaign for your practice. Without a continuous flow of fresh leads, your practice could have difficulties thriving in today’s competitive arena.  If you can’t make it to Convention this year, reach out to your Associate Manager; he or she will help you develop your lead generation strategy and diversify your approach to customer acquisition and retention!

 

 

 

 

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The Value of the Experience

26 Jun
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A forgettable experience won’t bring customers back through your doors – an unforgettable positive one will.

All of today’s shopping, dining and entertainment experiences are just that – experiences.  It’s more important than ever to engage customers and tether them to your distinct brand – what makes you different from your competition down the street or a purchase made online?  The answer to this question – and the way it’s conveyed to your current customers – will keep them coming back for more.

Let’s face it, in today’s marketplace, it takes more work to make [and keep] the sale.  Consumers have higher expectations, expect more value, look for discounts and demand better service – so your business has to focus on how to integrate or improve upon these factors.  Use these influencers to your advantage by enticing customers to buy from you based on what they want, not what you think they should be getting.  Maybe you can’t offer the best price, but you can give excellent service and you sell an amazing product – focus on your strengths and what makes your business unique to the customer so they’ll want to purchase from you.

Remember that the consumer experience does not end with the purchase; that’s just the beginning.  Large and small ‘follow ups’ post-purchase are necessary to keep your business top-of-mind with the consumer.  The establishment and retention of these types of relationships are becoming almost as critical as the actual product itself.  We know that your current customers are your most qualified leads, but just because they purchase from you once doesn’t guarantee repeat business.  So it’s up to you to nurture these relationships and create a strong connection between these customers and your business.  This can be accomplished via targeted direct response [email and direct mail], personal phone calls, yearly birthday messages, etc.  Stay connected to these customers to keep your business top-of-mind.

Businesses [especially privately owned ones] need to concentrate on selling the experience and differentiating themselves from the competition.  It’s the positive and unique experience that will fuse a customer to your business – not the device they take with them.  A forgettable experience won’t bring customers back through your doors – an unforgettable positive one will.

In this industry, our Associates are selling a lifestyle improvement, not merely a device.  The device is the solution, but the customers’ journey is actually more important.  Focus on the journey, the factors that are important to the customer and encouraging them to always travel back through your doors!

Remember these tips:

  • How is your business unique?  What differentiates you from the competition?   Use the answers to these questions to help your business stand out.
  • Raise the bar [especially related to service] to meet consumers’ increasing expectations.
  • Keep current customers connected to your business to encourage loyalty and repeat sales.

Superheroes and Ice Cream Flavors

20 May

We live in a world with so many choices. Some are simple, some complex. The beauty of these choices is that we are able to make decisions based on our preferences. Take a moment to decide if you prefer:

Batman or Superman
Chocolate or Vanilla
Coffee or Tea
Dogs or Cats
Mac or PC

All of these options are comparable; it’s simply a matter of a penchant for one over another – plus what’s right for you. The same idea – believe it or not –applies to your marketing.

Your preferences impact your marketing choices

For all intents and purposes, marketing and advertising has become the cost of entry for many businesses. If you are not putting yourself out there, you won’t be in the game. But when faced with the choices of the different messages and offers available, how do you know which one to choose for your business?

Since there are so many marketing options, let’s focus on the #1 response mechanism for AHAA Associates: direct mail. As we all know, not all communication is created equal. We believe that in today’s market, direct mail used to target prospect customers fall into two categories – Traditional or Aggressive – with the categorization based on message style. It’s important to determine which category best reflects the type of communication you want to have with your target audience and what type of customer your practice is ready to handle.

Sample of AHAA letter packages

Sample of AHAA letter packages

Here’s an overview of each ‘type’ of direct mail, so you can determine which approach is right for you:

TRADITIONAL Direct Mail

Messaging
This type of messaging is the obvious or ‘traditional’ offer route; savings on a pair of hearing devices, a free demo, free hearing screening/consultation, etc.

Response Rate
Expect a .25% – .50% response rate with this type of direct mail communication; e.g. if you mail out 5,000 pieces, you should receive between 12-25 calls.

Audience
This type of mailer attracts prospect customers who are closer to making a decision to act on their [semi] recognized hearing loss. Your front office person will have an easier time scheduling the appointment and your Au.D. will have an easier time closing the sale if a hearing loss is present.

Sales
The traffic that this type of mailer brings in to the office typically results in less cancellations and a customer that’s easier to close.

AGGRESSIVE Direct Mail

Messaging
This type of messaging takes on more of a ‘gimmicky’ or ‘aggressive’ angle; offering a giveaway for simply showing up for an appointment.

Response Rate
Expect a .50% – .1+% response rate; e.g. if you mail out 5,000 pieces, you should receive between 25-50+ calls.

Audience
This type of mailer attracts prospect customers who are likely to be a more difficult opportunity. Your front office person will need to be well-trained in overcoming objections when scheduling these candidates for appointments and your Au.D. will need to invoke a different strategy to capture the sale if a hearing loss is present.

Sales
This customer is likely to be more of a challenge, prone to a higher incidence of cancellations.

Sample of AHAA folded driect mailer

Sample of AHAA folded direct mailer

So which one is right for you? 

Above and beyond your preference lies the factor of preparedness. With either message [but  especially the ‘aggressive’ one], it’s important to have strong processes

in place before a direct mailer is scheduled. From capturing the appointment through closing the sale, the tighter your methods, the more return on investment [ROI] you’ll reap. Depending on which format you gravitate toward coupled with the strengths of your process, will help easily determine the proper direct mail package for your practice.

The bottom line is that you have to feel comfortable with the message you are sending out – just like you want to feel good about any choice you make.

When choosing a marketing initiative, AHAA is here to help! Find out more about you direct mail choices by contacting Keara M. Piekanski at kpiekanski@ahaanet.com.