Article
by Helmut G. Flasch,
CEO Flasch Business Expansion
Targeting
to the type of patients you want is a lot simpler
than it looks - even though it does require some effort
and some understanding of how to accomplish this exactly.
Simple
- yes, easy? Not necessarily; but much more rewarding
than only going after the masses with advertising
eating up your profits, if there is even anything
left over worth calling profits!
Choosing
the right market can and usually does make or break
your business.
Also
the personal branding, meaning the way your targeted
market sees you is equally as important.
When
you target a certain market you simply refuse to believe
that in order to have patients you must hit every
man and women under the sun and hope that they will
have an interest and/or the money to buy your service.
This
is a very crude way to make a living indeed.
No
- go to the people who most likely have the money,
the desire, and the education to value your service.
Those
people with the wherewithal and education to value
your service also are in communication with many more
people during the day than the rest of the masses.
Thus
your name has a chance to be heard more often and
when it gets heard it is more believed because it
comes from a somewhat influential source.
Can
you see that?
Higher
qualified patients:
Instead of chasing every Tom, Dick or Harry, you target
the exact people who fit your most desirable profile
and they will provide you with more income simply
because they can.
More
effective spending:
Marketing to the 'desirable' costs the same (if not
less) than to the 'not-so-desirable'. So you save
money on marketing and you can use that money for
more marketing to the desirable group and thus snowballing
your return on investment.
More
focused message:
An unfocused message, promoting everything to everyone
must be one of the biggest marketing mistakes. The
believe that appealing to more people is better does
not work - it does the exact opposite. It appeals
to nobody.
When
you have a targeted market you can focus your message
and be heard!! Oh yes!
Less
time selling:
Instead of spending time to convince the unqualified
patient to use your service (or at least some part
of it by doing at least some patch-up work) you will
sit in front of able and willing patients, patients
who because of your personal branding from 'Un-advertising'
are actually pre-sold already. What a difference that
will make!
Greater
profitability:
The above factors together simply makes for better
profitability. It is a great synergy.
Stronger
referral base:
Does it make sense to you that those able and willing
patients who are usually also influential in the community,
will have better and more referrals? Maybe, maybe
not, but the chances are high that they will! After
all it is a cinch since birds of a feather flock together.
Thus you have the added benefit of referrals from
similar strata of people.
The
moral of the story:
Would you rather do surgery or receive surgery with
a knife made in the stone age or with the newest laser
technology?
And
that, my friend, is the difference between advertising
to the masses with no particular focus and focusing
on the chosen who then speak to your chosen market
and who will eventually even spread the word to the
masses!!
Real
power, real exponential growth.
The
choice is yours!
Helmut
G. Flasch
CEO Flasch Business Expansion