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In my last newsletter you were
exposed to the many types of marketing strategies
and some definitions. Today, I want to go into
much more detail about the major differences
between advertising and marketing because it's
critical to any marketing strategies you decide to
use.
"Advertising.....A Wart On Marketing's Finger"
By Curt Graham, M.D.
"It's intellectual and moral pollution," is what a
professor taught students at the New York New School
of Social Research and what one of the world renowned
advertising expert, David Ogilvy, used to point out
the common misconception held by Galbraith and
Toynbee, among
many others.
In our world economy advertising has become the most
efficient way to sell. How else would any person find
out a product existed, what its benefits are, where
it's sold, and how much it costs?
In the case of physicians, how will any patient know
you have a medical practice "out there somewhere,"
what kind of medical practice you have, where you are
located, and how you treat patients? Relying on the
outdated methods of building your practice, like word
of mouth and surfing the yellow pages in this modern
age of express information, is fraught with
disappointment let alone the loss of income. It's,
"Money left on the table."
Advertising is a simple process of alerting patients
in your area you exist and why they should seek your
services. Use of printed or spoken words in any
channel of media that patients see (TV infomercials),
read (newspapers), or hear (radio) is the basis for
delivering advertising to the public.
The words and graphics must be presented in such a way
it immediately attracts attention, quickly focuses
attention on the product (your medical practice), and
logically, clearly, and rapidly leads the viewer
through the critical emotional benefits of using the
product (seeing you for
medical care).
Constructing an ad which does all those things at the
same time makes it highly effective in attracting
patients to your practice. It's a skill that few do
well without learning---but can be learned and used
productively in a medical practice.
Advertising can be quite expensive but doesn't have to
be if you
do it all yourself.
Why advertising won't make doctors rich:
It's because advertising has several short-comings
that
marketing doesn't:
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Ads don't reach all the patients.
-
Ads aren't focused on the group of patients you
want to attract.
-
Ads have no follow-up methodology.
-
Ads don't rely on what patients are interested in
knowing.
-
Ads must be constantly changed to avoid customer
boredom.
-
Ads have only one shot at catching attention and
usefulness.
-
Ads are perceived to be manipulative, insincere,
and misleading.
Ads are like shooting an arrow and hope you hit
something you're
looking for.
Advertising shines when it's merged with your
marketing plans. Putting a great player on a poor
team diminishes the player's ability, not his or her
talent. Ads are only valuable when they're
coordinated with your marketing plans and goals. If
your efforts at marketing are less than desirable,
advertising won't help much.
Marketing is an ongoing process.
Marketing is a blanketing protocol. When you think
about the actions of the football team on the field
Friday night, do you consider the often unrecognized
factors responsible for the team playing such a great
game? The school must search for a coach with certain
qualifications. The coach must adapt to the school
expectations.
The team must learn to comply with the
coach's methods and techniques. After the game's
over, comes the evaluation of what went wrong and how
to correct it before the next game---exactly like the
marketing game.
The marketing process begins as an idea for increasing
income and expands into any and all steps required to
bring it to maximum efficiency and use. It includes
every detail to make it profitable from start to
finish, modifications over time to extract the largest
amount of income from the needs of the public, and
refined to become a profitable tool for a prolonged
period of time.
What marketing a medical practice does that
advertising
doesn't accomplish:
-
Marketing is directed at the segment of patients
you want in
your practice.
-
Uses multiple methods for persuading a patient you
are the best doctor for them.
-
Applies strategies and tactics that are constantly
revised for maximum effect.
-
Is designed for the long term.
-
Modifications in the marketing plan can be made
immediately for best results.
-
Applying the laws of marketing is not effective
through
advertising itself.
Is all this sinking in.......or what?
Al Ries and Jack Trout published "The 22 Immutable
Laws of Marketing" in 1993. Their straight talk
about the concepts well known to marketing experts set
new standards for even doctors to follow in marketing
their own medical practices.
The laws work for doctors as well as for other
professionals:
(my adaptation to medical practice)
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It's better to be first at doing
a new procedure than it is to be better
at
doing it.
-
If you can't be first in a category, set up a
new category you can be first in.
-
It's better to be first in minds
of patients about a new treatment than to be first
in doing a new treatment.
-
Marketing is not a battle of how smart and
talented you are, it's a battle of how
smart and talented your patients perceive
you are.
-
The most powerful concept in marketing is
owning a word (ex. "hip replacement"
instantly brings up your name) in the patient's
mind.
-
Two doctors cannot own the same word in the
patient's mind.
-
The strategy to use depends on which rung you
occupy on the professional ladder. If you're not
top doctor for a certain medical treatment, you
market your talent in a way that appears top
rung---AVIS number 2 in car rental "We
try
harder."
-
In the long run, every physician market becomes a
two-horse race. The top doc drops to second and
the second rung doc becomes top doc eventually.
-
If you're shooting for second place, your strategy
is determined by what the top doc used to become
first.
-
Over time, a category of medical practice will
divide and become two or more categories. There's
room for you to then be top doc in another
category instead of second in the original one.
-
Marketing effects take place over an extended
period of time. Therefore, the need to be
persistent at marketing efforts to be successful.
-
There's an irresistible pressure to extend your
knowledge, expertise, and talents beyond which you
are unable to cope with.
-
You have to give up something in order to get
something--you don't have time for all you'd love
to be doing.
-
For every attribute, there's an opposite,
effective attribute. When the top doc owns the
turf don't try to copy him or her. Choose an
opposite expertise position that equals or
competes with his marketing focus.
-
When you admit a negative or mistake it's
disarming, but the result is positive.
-
In each situation, only one move will produce
substantial results. Forget about marketing
everything you do, make a bold audacious thrust at
what you
do best.
-
Unless you write your competitors' plans, you
can't predict
the future.
-
Success often leads to arrogance and arrogance to
failure.
-
Failure is to be expected and accepted. You go at
the project a different way.
-
Your marketing strategies are often the opposite
of the way it appears
in the press.
-
Successful practice marketing programs are not
built on fads, they're built
on trends.
-
Without adequate funding an idea to improve your
income won't fly.
The worst thing I can think of in today's world is the
disappearance of private medical practice, but that's
where we are headed. Perhaps physicians who market
their practice will hang on forever.
"A prudent person profits from personal
experience,
a wise one from the experience of others."
Dr. Joseph Collins
As I'm sure you know, the whole field of marketing
is kind of like the big boy's club. The tendency
of marketers is to avoid teaching you much, if
anything about doing your own marketing. It would
be like shooting themselves in the foot. They
want your business and to earn money.
Because I'm a physician who has run the medical
practice gauntlet, I look at marketing in quite a
different and emotional manner. My lack of
knowledge about marketing kept me from building a
better practice, kept my income at a level that I
am ashamed to admit now, and made me on many
occasions believe that I had chosen the wrong
profession, or at least the wrong specialty.
Marketing and office business are areas of
knowledge most of us were never taught and had to
learn by trial and error. It's a wide gap in a
physicians academic training. A few medical
schools are beginning to wise up and add some of
this to medical
school curriculums.
Give me feedback so I'll know I'm helping in some
way.
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Curt Graham, M.D., L & C Internet
Enterprises, Inc.
2404 Mason Ave. Las Vegas, NV 89102
E-mail = cgmdrx(at)gmail.com
© Copyright 2008 Curtis Graham, M.D., L & C
Internet Enterprises, Inc. All Rights
Reserved. |
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