| By
Ivan Delman, DC
What
is advertising? Simply put, it’s what you do
when you can’t personally go see all the people
you’re targeting. Before going any further,
let’s talk about the term “targeting.”
In a nutshell, targeting is when you point your advertising
toward specific groups in your desired marketing base.
When
it comes to advertising, do keep in mind that your
services still must be affordable, available and effective,
or even the best-laid marketing/ advertising programs
will not yield the results you desire. Taking the
above thoughts a step further, your services must
be good enough to stand on their own merits with or
without advertising. As Albert Lasker, the legendary
advertising figure, so well stated, “The product
that doesn’t sell without advertising will not
sell well with advertising.”
With
Lasker’s words ringing in our ears, here are
some proven tips that can substantially increase the
results from your print advertising.The first thing
you will want to do before you even start planning
your advertising program is to develop a marketing
plan. When you develop your marketing program, you
need to determine the location of your patient base,
your intended public perception, plus the services
you’ll offer and how to determine your advertising/promotional
budget. All this will save you from a bunch of wasted
time and money, plus it will give you an excellent
return on investment (ROI).
All
the tech-talk aside, ROI tells you how much you are
going to get back in relation to what you have spent:
In this case, advertising. Obviously, you should always
get back more than you spend. Although there are as
many opinions regarding ROI as there are opinions
on how to make a good omelet, a reasonable range of
acceptable ROI seems to fall between $2-$5 returned
for every dollar you spend on advertising. If you’re
able to achieve higher numbers, even better.
During
this era of managed care and competition from similar
providers, we have to carefully scrutinize our expenses.
You don’t, however, want to panic and cut back
on your advertising. Look at this situation the same
as you would look at a big boulder rumbling down a
mountain toward you. Don’t stop moving: Just
decide which direction to jump.
So,
instead of cutting your advertising budget, make sure
your advertising budget is being spent wisely and
effectively. During tight times, the business that
advertises wisely will be far ahead of the business
that pulls in its advertising dollars. When better
times arrive (and they always do), the practices that
continue their advertising will be ahead of the rest.
There’s a story about two retired DCs that illustrates
this point. The two docs were talking about how they
managed their practices. The first chiropractor, Phil,
said to the second, “John, I can’t understand
why your practice failed. You are a terrific chiropractor.”
John, the bankrupt DC, replied, “Too much advertising!”
Phil looked at John incredulously and said, “What
do you mean too much advertising? You never spent
a dime on advertising.” “That's true,”
replied Poor John, “But the other DCs did!”
The
best way to tightly control your advertising expenses,
and save money besides, is to use your marketing data
to precisely target your intended market. Rather than
shotgun your market, be methodical. It’s a lot
more effective and will get better results for your
expenditures. Specific direction of your advertising
efforts toward targeted markets will yield a substantially
higher ROI. Make a plan and then stick to it. Most
small businesses spend about 4% of their revenues
on advertising. That percentage should really be closer
to 10%, with a portion of that percentage set aside
for exploration. Taking that extra portion of your
budget, check out alternate venues for your advertising
exposures. Then, measure the results to see where
it takes your practice.
Like
chiropractic, advertising is not as precise as we
would like it to be. Therefore, when you test out
those alternate venues, you will occasionally find
profitable areas in new territories. Some venues work
very well and some are like a bad movie... a waste
of money.
However,
with solid planning, even your experiments will have
a better chance of succeeding.
When it comes to advertising, these eight proven principles
will help you develop a growing, successful practice:
1. Determine your uniqueness. As individuals, we all
develop and provide our services based on our personal
traits, inclinations, and training. Therefore, the
services we offer are unique to ourselves. The key
to this kind of marketing (niche marketing) is to
determine the nature of your unique aspects. Then,
develop those special aspects of your services to
make you stand out as your community’s extraordinary
chiropractic provider. One way to start the evaluation
would be to assess your hobbies or special talents
and see if they interface with your chiropractic services.
2.
Advertise with clarity. Be extremely specific and
clear about how you define your special qualities,
because the typical ad reader does not always absorb
exactly what you are trying to communicate. Therefore,
be very clear about the offers you are placing before
the public.
3.
Pinpoint your advertising. Throwing your money against
the broad wall of a market then seeing what will stick
is a waste of your
dollars. When you begin testing the waters in certain
markets, run a series of smaller ads in several areas
and
track the results, rather than making a big splash
in a broad market and using up all of your advertising
dollars at once.
4.
Strive to communicate, rather than to impress. Remember,
you’re trying
to get the public to understand the nature of your
services. Most of them probably don’t care that
you have more degrees than a thermometer. They want
to know if you can help them. Stay with
words that succinctly tell your reader how you can
help. When your reader understands the message, you’ll
achieve that goal.
5.
Leave white space. Don’t load up every available
inch of your ad with text. You have about three seconds
to grab the attention of your reader and not much
longer to get out your message. The white spaces in
your ad will help the reader focus better on your
message. (See how the spacing helps?)
6.
Forget the chicken dinners. Don’t cross the
line with gimmicks and giveaways. Offer your services
in a manner that will make you and your family proud.
Bozo the Clown belongs in the circus, not in chiropractic.
7.
No institutional advertising. This is the type of
ad that is used by companies that have long-standing
public exposure and want to continue keeping their
name in the public’s eye. Institutional ads,
however, are missing some very important items that
you should have in your advertising.For example, your
ad should always contain the following:
• your location;
• what exactly you do
(services you provide);
• a “command” to take action;
• the specific benefit to the person reading
the ad.
8.
Have one theme. Your killer lead line should grab
your readers’ attention. You want to keep your
readers’ attention, so don’t throw too
many ideas at them in one ad.
Examples of ad themes could be:
• lifestyle changes to your reader due to physical
difficulties;
• the doctor has 70 glorious years of experience;
• your treatment programs are affordable;
• you have appointments available for new patients;
• you are available for emergencies (only if
you intend to follow through!);
• other themes are limited only by your abilities
and imagination.
Whatever
fits your personality, talent, and philosophy will
work, because your advertising theme should be honest.
Advertising will familiarize potential patients with
your special, offered services. It will not necessarily
bring in new patients just because your text is awe-inspiring,
your credentials heroic or your photograph makes Dr.
Marcus Welby look like a troll. Your advertisement
will, however, help to bring patients to your practice.
Your skills will keep them returning.
Advertising
has to be complemented and balanced by other activities
such as community involvement, special clinic programs
and so on. If you are going to give anything away,
give your time for the benefit of your community.
Consistent
application of these and related activities will substantially
add to the sum total of your imminent success. Put
another way: If you want to grow an abundance of flowers,
you have to plant lots of seeds.
Dr.
Delman is the author of “The Business of Chiropractic:
How to Prosper AFTER Startup.” He has degrees
in both business and chiropractic. His experience
includes 20 years in business management, and then
20 years as a chiropractor before retiring to write
and travel. He can be reached at ivan@businessofchiropractic.com;
or sign on to his website at www.businessofchiropractic.com.
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