Acquisition
of New Patients
When Yellow Pages Ads are NOT Worth the Price
By Roger Eshaghian, DDS
How much do you spend on Yellow Pages advertising each
year? More important, are you getting your money's worth?
If you are not reviewing your Yellow Pages ad results
on a regular basis, you may be tossing hard-earned dollars
down the drain. Yellow Pages ads have a number of built-in
limitations that may reduce the effectiveness of your
advertising dollar and restrict your ability to reach
new patients.
These limitations include:
- High
cost. Depending on its size and location, a Yellow
Pages ad can cost up to $20,000 per year. And you
can easily spend another $5,000 designing a customized
ad. At those rates, it takes a lot of patients just
to break even on the cost of the ad. Plus, studies
show that the phone directory companies continue to
raise their fees far beyond current inflation rates.
- Cluttered
media. You spend a lot of money to design and
place your ad, and where do you end up? Depending
on the size of your market, right next to dozens,
perhaps even hundreds of dentists all competing for
your next patient.
- Lack
of flexibility. In today's mass-media world, it
takes a variety of messages to reach your audience
and motivate them to contact you. Yet, once your Yellow
Pages ad goes into the directory, that's it. You can't
make any changes for a full 12 months.
- Difficult
to test. Because of their inflexibility, Yellow
Pages ads don't allow you to test different marketing
approaches. Once you place an ad, you have to wait
a year to test a new headline or message. And unless
a patient says they found you through the phone directory,
you have no way of knowing the effectiveness of your
ad.
- Reach
the wrong market. Yellow Pages ads tend to attract
emergency patients and telephone shoppers. While these
patients can augment your regular clientele, they're
not the kind of customers upon which you can
build a healthy, growing practice.
Does
this mean that you should never use Yellow Pages ads?
Of course not. A well-designed yellow pages ad certainly
has a place in any good dental marketing program. The
problem is that too many dentists rely on yellow pages
ads as their sole means of marketing the practice. With
such a strategy, however, the chances of your dental
practice reaching its full potential are slim to none.
What's needed is an effective dental marketing plan,
one that overcomes the limitations of yellow pages ads
and uses a variety of tools to generate the biggest
bang for your marketing buck.
Four
Principles of Effective Dental Practice Marketing
At this point you may be saying, "Wait a minute -- I went
to dental school, not business school. I don't know the
first thing about marketing." Have no fear. Contrary to
what many consultants and business "gurus" would have
you believe, growing your business doesn't involve rocket
science. It all begins by understanding the four basic
principles of marketing a dental practice:
1. Advertising and marketing are not the same.
Advertising
involves a one-way communication between a business
and its target market. You pay a fee for someone else
to deliver a specific message in a specific medium,
such as print, radio or TV. In contrast, marketing uses
an interactive process to deliver a series of personalized
communications that educate and inform potential customers
about your business. It tells the story of what makes
your dental practice unique and why patients should
come to you for their dental needs.
Trying to market your practice only with yellow pages
ads (advertising) is like trying to clean teeth using
only a rule scaler. It gets part of the job done but
not all of it. Marketing involves using all the tools
at your disposal.
2. Make your marketing communications relevant and
personal.
Your patients and potential patients aren't all the
same. You can't treat them that way and expect to grow
your practice. Good marketing communications uses patient
information to create personalized, relevant messages
that speak to the unique needs of each patient.
3. Use multiple methods of communications.
We live in a media-saturated world. Breaking through
the information overload requires choosing the best
marketing mix available to you: It could be print, direct
mail, case presentation, radio or the Internet.
4. Maximize your available resources.
Any dentist can capture new patients by throwing large
amounts of money into the mix. However, profitably
growing your practice requires getting the most results
for the least amount of money. That requires testing
various approaches, identifying what works and what
doesn't, and focusing your efforts on the tools and
techniques that generate the best return on your investment.
Once you understand these four principles, you can begin
the process of effectively growing your practice.
Effective Marketing Plans: the Only Way to Go
Dentistry is a highly personal service. Just as your
personality plays a large role in attracting and retaining
patients, it also has a lot to do with how you build
your practice. Some dentists prefer aggressive, hard-hitting
marketing campaigns that involve high visibility.
Others feel more comfortable using a soft-spoken, gentle
approach. Whatever path you take, the secret to success
lies in creating an effective marketing plan
that fits your personality and marketing style.
An effective dental marketing plan offers many benefits.
It allows you to:
-
Pick and choose the marketing tools that fit your
personal style as well as the needs of your practice.
-
Communicate with your patients and prospective patients
on a highly personal level.
-
Stop wasting your dollars on ineffective, one-dimensional
advertising.
-
Grow your dental practice in the most cost-effective
manner possible.
You
only have so many dollars to allocate to your marketing
budget. And you can only take so much time away from your
patients to grow your practice. An effective dental marketing
plan will ensure that you get the results you want.
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Roger
Eshaghian, DDS co-founded the Dental Marketing Center
to offer news, analysis and reports in the field of dental
marketing. He has been in private
practice in the County of Ventura, CA since 1992. He can
be reached at eshaghian@dentalmarketingcenter.com |