|
|
|
Recession Proof
your Practice |
With all the bad news about the economy lately, it’s
hard for those of us in the eye care profession not to be
discouraged when it comes to business. What we have to focus
on is that these attitudes do a disservice to our patients,
our staff members, and ultimately to ourselves.
Here are some areas of focus I suggest to clients during
difficult economic times:
1. Use the Internet for Inexpensive Online Marketing
Traditional marketing campaigns are expensive with
generally low rates of return. It’s also very hard for
private practices to compete with national chains in this
arena. For these reasons many private practices are turning
to the internet for their marketing campaigns. I recommend
two simple, inexpensive, and effective tools:
Practice Newsletters
Newsletters are a great way to stay in touch with your
patients year-round. Keep them short and informative. Here
are some of the subjects I touch on when writing newsletters
for clients:
-
timely eye health articles
-
new lens/frame technology
-
vision screenings
-
trunk shows
-
dr. & staff news & notes, photos
-
practice community involvement
In short, give your patients reasons to come in before
their yearly eye exam. Ideally your newsletter can be
emailed to your patient base. If for some reason you have
not been collecting emails addresses from your patients,
start today! In the meantime, you can place the newsletter
on your website for easy viewing. If you want to market your
practice to new patients in your area, there are companies
which can sell you email lists. It’s still far less
expensive than printing and mailing
Online Patient Surveys
Exactly how do your patients feel about your practice?
One way is to ask them! An online patient survey can be
placed on your web site or emailed to patients after their
appointments. The key point to remember is to structure your
questions carefully; what you get out of the survey will
reflect how well thought out your questions are. Try to
address each area of your practice from calling for an
appointment to checkout and follow up. If there are certain
areas you wish to concentrate on, be sure to ask questions
that ask for something more than a “yes” or “no”
answer. In a few months you will have a representative
cross-section of your patient base providing you with
valuable feedback you would not normally have.
2. Practice Management
Have you ever watched a baseball team win a 10-0 game and
thought how easy it must be to manage that team? Anyone who
has coached or owned a business will tell you that it is
much easier to manage during good times than bad. Yet
creative and innovative doctors and business owners find
ways to thrive during hard times.
I tell my consulting clients not to focus on what they
can’t control (the economy) and to focus on what they can
control (what happens in their practice). As a reminder, let’s
take a look at what the final result is in a typical eye
care office visit:
That’s right. The logical outcome of most office visits
end with the patient in the dispensary, and your attitude
goes a long way in determining what gets sold in that visit.
Remember, how you and your staff feel about your practice is
how your patients will eventually feel about your practice.
If you are generally upbeat and positive during their
visits, then that is the feeling your patients will leave
with. If you or your staff has low expectations of your
patients, they will invariably live up to them.
One of the traps many staff members fall into in tough
economic times is to subconsciously judge patients as to
what they can or cannot afford in the dispensary.
Considering one of the best qualities of a good staff member
is the ability to care about their patients, this is not a
surprise. What we have to remember though is that we are
doing our patients a disservice by this behavior. It’s our
job to recommend products to people which will optimize
their vision. Your patients are adults. They can manage
their own money without our help.
Never forget one thing: cost is directly related to
perceived value. If patients truly feel a product, say
polarized sun lenses, will make a difference in their
quality of life, then they will purchase it.
One of my favorite quotes goes as follows: “People will
forget what you say and forget what you do; but they will
always remember how you make them feel”.
3. Products
How well do you maximize some of the niche areas in your
optical? I stress two areas with clients, sunwear and sports
eyewear.
Sunwear
Most practices have an assortment of sunwear on their
frame boards, but how often do we talk about it? The fact is
that nothing increases bottom-line profits more than the
routine dispensing on second pairs. Here are a couple of
tips I suggest for improving your sunwear sales:
Second pair vouchers
Many insurance plans already mandate that you give a 20%
discount to their patients for second pair sales. What
percentage of your patients is actually offered this
discount, both in the exam room and the dispensary? Of those
patients, how many of them remember their discount by the
time they get home?
Many of my clients have found it profitable to give a 20%
off second pair voucher to all patients who purchase primary
eyewear. First, it forces the dispenser to always bring up
the subject of second pairs, no matter how busy they are.
Secondly, it gives the patient something to hold on to as a
reminder. I recommend having an expiration date of 90 days
and having the dispenser sign it; this gives it more
perceived value. The vouchers can be redeemed for sunwear,
sports eyewear, or computer eyewear.
Plano sunwear
All of us have heard of the study which found that 80% of
new contact lens wearers purchase plano sunwear in the first
48 hours…but how many of us have really tried to make
plano sunwear a profit center? Keep a wide variety of price
points in your practice; low to mid range in the contact
lens room and higher priced ones in your dispensary. Both
the doctor and the contact lens tech should talk about plano
sunwear with every contact lens patient.
Sports Eyewear: The Game Plan
No other segment of your optical shop offers as much room
for creative outside marketing. The benefits can be
substantial in terms of optical shop profits, adding new
patients, and preventing eye injuries in your community. Get
in touch with your state Society to Prevent Blindness; they
will provide you with some sobering statistics on the number
of sport-related youth eye injuries every year.
Visibility
Both sports eyewear and sunwear displays are
eye-catching, and should be placed near the front of the
dispensary. They are also easily changed from season to
season. You do not need an extensive amount of frames and
goggles; just enough of the most popular styles for the
primary recreational and sports activities in your area.
Network In Your Community
Work with other retailers to provide referrals for each
other: sporting goods stores, scuba shops, surf shops,
cycling shops, and skateboard shops are possibilities if
they are not already selling sports eyewear. You will be
amazed at how quickly word spreads…one golfer, fisherman,
tennis player, etc. telling his or her friends how much
their new lenses help them will result in their friends
wanting the same lenses. Consider other professional
services that active consumers often seek out:
nutritionists, health clubs, personal trainers, massage
therapists, chiropractors, physical therapists, and
orthopedic surgeons are all good sources. Discounts can be
offered on sports eyewear for their clients who are not
existing patients of yours.
Youth Sports Teams: Give A Little To Get A Lot
More and more emphasis is being placed on eye safety at
all levels; interscholastic, intramural, and municipal. Work
with the school districts and league officials to make
sports eyewear affordable for all participants in youth
sports. You will be surprised how much community goodwill
this creates, and you will often end up with entire families
as your patients as a result. I know one doctor who provided
free sport goggles to all the members of his child’s
little league team. It cost him close to a thousand dollars…and
he gained six new families in his practice.
Get Off The Bench and Get Moving
Too many private practice owners feel that a combination
sun/sports eyewear program entails too much work. Initially,
it does require extra work both inside and outside the
practice. However, the program is generally self-supporting
once the referral systems, the relationships with youth
sports leagues, and the vendor relationships are
established. In addition, it provides tremendous community
exposure.
|