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Dental
Marketing Ideas
Niche Marketing: Zeroing in on New Patients
By Roger Eshaghian, DDS
To stay healthy, every professional practice needs a steady
flow of new patients. One of the best ways to address this
need is by identifying an under-served segment in your community
and providing them with the services they want.
This process of locating a desirable group of potential patients
and targeting their specific needs is called "niche marketing."
With niche marketing, you can play the market any way you
want, targeting upscale, middle-of-the-road or budget-conscious
clients. The secret to success involves zeroing in on one
(and only one!) of these segments with laser-beam precision
so that you serve the specialized needs of that segment better
than anyone else.
Another critical component of niche marketing is consistency,
making sure your practice looks the part. Is the scope of
your services in line with the clientele that you'd like to
attract? Does the look, feel and "personality" of your practice
match the segment you are trying to serve? Most important,
does your customer service meet the expectations of your selected
niche?
Although outside the dental field, Starbucks provides a shining
example of niche marketing at its best. Ten years ago, who
would have thought people would stand in line to pay $3 for
a cup of coffee? Nevertheless, Starbucks identified a group
of people willing to pay a premium for quality products and
nice looking stores and put their strategy to the test. They
succeeded because they made sure the product, the staff and
the ambience created a winning "business personality" that
their target market couldn't resist.
Standing Out from the Crowd
A group of dental practices under the umbrella brand name
BriteSmile has achieved rapid growth by using a similar strategy.
They figured out that there are plenty of patients/customers
seeking top-of-the-line teeth whitening services and -- more
important -- are willing to pay a premium for quick results,
convenience and ambience.
You might argue with BrightSmile's positioning strategy, but
from a strictly marketing perspective, you can't argue with
their success. They have created a clear and compelling perception
in the minds of their consumers/patients about what they have
to offer. As a result, their cash registers are ringing off
the wall.
To stand out from the crowd, you don't have to master every
dental service under the sun. In fact, you only have to be
better than everyone else in one aspect. That advantage might
come through innovation, overall quality, pricing, customer
service, a unique case presentation technique or any number
of things. But whatever differentiator you choose, your market
must know that you do it better than anyone else.
How do you identify a niche market to pursue? Start with your
own charts. Look at them from a different perspective to create
a profile of the kind of patients you'd like to receive more
often. Are they young professionals with disposable income,
families with basic dental coverage, or older folks with more
sophisticated tastes and desires?
In the long run, attempting to serve multiple groups of clients
at the same time dilutes your marketing efforts and limits
the growth of your practice. Instead, take dead aim on one
target market, adjust your performance to meet the specific
needs of that niche and serve that niche better than anyone
else.
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