Tag: measure ROI

How to Design a Profitable Dental Practice Marketing Strategy & Effective Campaigns

You know you need a blog, a website, a Facebook page; and you probably know that you should have a newsletter and email blast campaigns, host local events, and participate in local sponsorship opportunities. You might also advertise in the newspaper or in magazines, submit press releases, or send direct mail.

Question is, which of these is profitable?
What’s the key to getting new patients,
closing bigger cases, and earning more profit?

First of all, determine what’s lucrative. Don’t keep investing in marketing projects that have little or no return. And, don’t let anyone tell you that something does not work. While I truly believe that phone book advertising is useless for most dentists, some practitioners in small communities may still see new business from a yellow pages advertisement. Likewise, newspapers across the country are filing bankruptcy, yet I still see quite a few dentists, usually those that cater to people 55 and older, who see new patients as a direct result of regular newspaper advertising.

Measuring return on investment, or ROI, can be difficult unless you ask all new patients how they heard about you, then log the information for future reference. The best way to accomplish this is by giving your front office team the tools and training to ask for and accurately record “How did you hear about us?” responses. Your records must reflect ALL new patients, and they must be maintained year after year to truly measure responses. I’ve seen new clients call businesses as a direct response to an ad that was placed over a year before. Read More