The Benefits of Tracking Your Marketing Initiatives

Whenever practice owners claim their marketing isn’t working, we always respond with the same question: “Are you tracking your marketing activities?”

tracking-your-marketingThere are so many marketing tools available such as call tracking, Google Analytics, or even our Direct Mail Calculator that can help you be more strategic and deliberate with your marketing efforts.

Tracking is no longer optional—it’s essential. Executing a successful marketing plan requires taking a deeper look at results to gain insights and direct you on how best to market in the future.

So, let’s look at the different ways tracking your marketing initiatives can benefit your practice and offer some guidance to help set you on course for success.

 

Tracking Your Marketing Mix

Use your practice management software to track which marketing activity drove a patient to your practice. It is important to gauge what your current marketing mix consists of, how many leads each activity is driving, and where there is room for improvement.

A healthy marketing mix includes activities that target new leads from the community, taps into your current patient database, and secures a continuous flow of referrals from current patients and physicians. Identifying segments that are missing from this mix helps direct your focus towards future forms of marketing that will directly impact your schedule and bottom line.

 

INSIDER TIP

Establish an organized process for how you are labeling your opportunities in your practice management software. Create unique sources to detail exactly which activities your patients are responding to daily. Some practices even add secondary sources to capture a further level of detail. For example:

Primary Source Secondary Source
Physician Referral Doctor Name
Community Outreach Sunrise Nursing Home
Digital Google – PPC

To ensure accurate tracking, make sure staff members who are responsible for inputting this data are all on the same page regarding what each referral source represents.

Adjusting Your Marketing Strategy

Taking a close look at the results of a marketing campaign can help you course-correct any missteps in current marketing strategies. The primary goal of any marketing effort is to make the phone ring. If your tracking data indicates that you are falling short of industry benchmarks for call response rate, then there may be an issue with the audience you are targeting. Identifying this variable, via the data, alerts you that it’s time to reassess the variables making up your target audience. Often, this fix is as simple as readjusting the profile of the target audience – maybe you aren’t marketing to people in the right demographic, or are reaching out to areas too far from the office location. Tracking can help you identify these types of “red flags” and aid to steer you in the right direction strategically.

INSIDER TIP

Don’t wait until the end of the quarter to officially log your tracking notes. Keep a spreadsheet handy and equip your front office personnel with the right online tools to capture and appropriately track leads as they come in.

Improve Organizational Efficiencies

It’s important to own the patient experience from initial call/touch-point, to pre-and post-appointment, right through to purchase and beyond. Identifying where certain patients are getting trapped in the sales funnel can help your team members focus on their individual roles in generating more sales.

For example, are you seeing calls come in from a direct mailer, but they are not converting into appointments? Maybe it’s time to sit down with your FOP (Front Office Personnel) or Office Manager to understand how they are handling incoming calls and discuss the best ways to get the schedule filled. Are completed appointments not converting into sales? It might be time to meet with your providers to discuss best practices for closing sales. [FYI: the Consult Employee Development Program provides free training for your staff year-round.]

 

INSIDER TIP

Tracking can provide valuable details on where patients are in their hearing health journey, so you can tailor future messages directly to their situation. Instead of a generic message, reach out to your Tested Not Sold (TNS) audience with personal phone calls asking why they haven’t purchased and follow up immediately with your Cancel/No Show audience, communicating that you’re sorry they missed their appointment and it’s important to you that they reschedule to meet with your provider.

Send Your Data to Consult YHN

Once you’ve collected your marketing data, the biggest challenge is, of course, figuring out what it all means and what to do with it. Our marketing team can explain the data in real-time with quarterly marketing ROI reports to help you continuously refine your marketing strategy and drive more quality leads to your practice.

If you don’t already have a marketing plan in place for 2019 or if you have any questions about tracking your initiatives, reach out to your Account Manager today.

About the Author

Julia Shreckengast joined Consult YHN in 2015 and serves as Marketing Account Executive, providing support to Associates by managing creative projects and developing/executing marketing plans. Prior to joining Consult YHN, she helped promote the city of New Orleans as a member of the New Orleans Tourism Marketing Corporation. Julia graduated Cum Laude with a bachelor’s degree in marketing from Tulane University.

2018 Year in Review

It’s that time again to reflect on the past year, and we probably aren’t alone in saying that 2018 was a whirlwind. We enjoyed a busy, but productive and exciting year.

Take a look at what we were up to and what’s on the horizon for 2019.

Market Your Practice on Facebook Like a Pro

The digital marketing landscape can be an intimidating space for some. New ways to advertise products, connect with customers, and promote your brand online seem to be cropping up every day. So where should hearing healthcare practices be focusing their time and effort when it comes to social media platforms?

A recent study from Clutch found that 86% of small businesses are utilizing Facebook as their preferred channel to connect with customers. Although Facebook started as a place for college students to connect with peers, it has since expanded from a social network to a marketplace, connecting customers with businesses every day.

Totaling at 2.13 billion users (and growing!) by the end of 2017, there are a lot of potential customers waiting to be connected to brands. With Baby Boomers coming in as the fastest growing segment of digital users, it should be no surprise that they are among the most active group of Facebook users too.

This is great news for the hearing industry: you have a swarm of potential customers age 65+ right at your fingertips – 62% of them in fact – and they are now using Facebook to make purchase decisions. So, are you doing everything it takes to connect with these potential patients on Facebook?

What can you do to put the right foot forward in your social media presence? Here are some tips for making the most of the social media giant that is Facebook:

Get set up! Follow these instructions for setting up your Facebook Business page.

  • Include a profile picture of your practice’s logo and some sort of relevant image as the cover photo (i.e. photo of the staff, office building, etc.)
  • Provide as much information as possible. Don’t forget to set up your office location, contact info, and hours of operation!
  • Link to your website and vice versa! Now that your Facebook page is set up, put a link on your website to drive traffic to your social media page.
  • Encourage current patients to ‘Like’ your page. Mention your Facebook page in the office using a handout and send invites to patients to ‘like’ your business page online!

Know your audience.

  • Keep in mind who you are talking to and where you are talking to them. Facebook is more social by nature, so use this space to connect on a more personal level. Remember your page will be visible to your entire community, so make a great first impression; lend a voice to your individual brand and share your story.
  • Keep it personal. Provide relevant, educational content on hearing loss and solutions, but don’t get too clinical – remember your viewers are consumers.

Get the content flowing.

  • Serve up content with a purpose – share what’s going on in the office that month, extend offers, invite patients to events, or announce what latest technology is available at your practice.
  • Recycle relevant content. Follow other thought leaders in the industry and repost their articles – you don’t have the reinvent the wheel.
  • Know your limit! The sweet spot for post length is between 40-80 characters. Any longer and your readers will get tired and move on to the next post in their feed.
  • A picture says a thousand words. Images and infographics are the top form of content for interaction at 54%. Give your readers a break from all the text and provide some visual relief.

Delegate!

  • We know your time is valuable, but someone’s got to do it! Assign someone in your office to manage your social media presence and make a habit of it.
  • Aim for posts once a week (twice, if you can manage!) – stats show that the most popular times for post activity are weekdays between 12 pm and 3 pm.
  • If you aren’t a wordsmith, consider hiring a third-party vendor to manage your social media accounts and/or blog page. Blog posts help boost your SEO rankings and sharing blog posts on your Facebook will drive more traffic to your website.
  • Check with your manufacturer reps on any available social media programs you can use.

This might seem like a daunting task, but the more you do it, the easier it will get. You’ll soon get the hang of what types of posts are most popular among your patients and lend a voice to your brand.

 

If you want to learn more about Facebook and other digital marketing activities, contact marketing@ConsultYHN.com, or download our Digital Marketing & Social Media Guidelines.

 

Additional References:

Social Media and Blogging: What to post and what to write about

How About LinkedIn?

Boost Your Brand with Social Media

Social Media 101

 

Sources:

https://clutch.co/agencies/social-media-marketing/resources/small-business-social-media-survey-2018

https://blog.hootsuite.com/best-time-to-post-on-facebook-twitter-instagram/#facebook

https://sproutsocial.com/insights/social-media-character-counter/

About the Author

Julia Shreckengast joined Consult YHN in 2015 and serves as Marketing Account Executive, providing support to Associates by managing creative projects and developing/executing marketing plans. Prior to joining Consult YHN, she helped promote the city of New Orleans as a member of the New Orleans Tourism Marketing Corporation. Julia graduated Cum Laude with a bachelor’s degree in marketing from Tulane University.

2017 Consult YHN Year in Review

What did we do in 2017? The short answer: a lot…last year was a productive, highly-caffeinated year at Consult YHN.

As we look forward though, it’s important to reflect on the year that was. Take a look at what we accomplished for our Associates in 2017, and get ready, because 2018 is going to be even bigger and better.


About the Author

Julia Shreckengast joined Consult YHN in 2015 and serves as Marketing Account Executive, providing support to Associates by managing creative projects and developing/executing marketing plans. Prior to joining Consult YHN, she helped promote the city of New Orleans as a member of the New Orleans Tourism Marketing Corporation. Julia graduated Cum Laude with a bachelor’s degree in marketing from Tulane University.

The Importance of Tracking Your Marketing Efforts

Occasionally, we encounter a practice that comments “our marketing isn’t working.” So, the first question we ask is “are you tracking your marketing activities?”

All too often practices forget that there is still more work to be done even after a marketing initiative or event has come and gone. Executing a successful marketing plan requires taking a deeper look at the results to glean insight and direct you on how best to market in the future.

Let’s look at the different ways that tracking your marketing efforts can benefit your practice and set you on course for success.

 

Tracking Your Marketing Mix

tracking-your-marketingPerhaps one of the more overlooked aspects of tracking data is the insight into the number of opportunities your marketing mix is generating. By utilizing your practice management software, you can track which marketing activity precipitated a patient to come through the door.

While this tactic is more of a backend approach that indirectly relates to marketing spend and outputs, it is important to gauge what your current marketing mix consists of and where there may be room for improvement. A healthy marketing mix includes activities that reach new leads from the community, tapping into your patient database, and attaining a continuous flow of referrals from current patients and physicians. Identifying segments that are missing from this mix can help direct your focus towards future forms of marketing that will directly impact your schedule and bottom line.

 

INSIDER TIP

Establish an organized process for how you are labeling your opportunities in your practice management software. Create unique sources to detail exactly which activities your patients are responding to daily. Some practices even add secondary sources to capture a further level of detail; for example,

Primary Source Secondary Source
Physician Referral Pediatrics
Community Outreach Sunrise Nursing Home
Telemarketing Out of Warranty (OOW)

And take this one step further. To ensure accurate tracking, make sure staff members who are responsible for inputting this data are all on the same page regarding what each referral source represents!

Adjusting Your Marketing Strategy

Taking a close look at the results of a marketing campaign can help you course-correct any missteps in current marketing strategies. The primary goal of any marketing effort is to make the phone ring. If your tracking data indicates that you are falling short of industry benchmarks for call response rate, then there may be an issue with the audience you are targeting. Identifying this variable, via the data, alerts you that it’s time to reassess the variables making up your target audience. Often, this fix is as simple as readjusting the profile of the target audience – maybe you aren’t marketing to people in the right demographic, or are reaching out to areas too far from the office location. Tracking can help you identify these types of “red flags” and aid to steer you in the right direction strategically.

 

INSIDER TIP

Capture as much “good” data as you can! The more detailed your tracking data is, the more refined you can make the marketing strategy to yield positive results. Don’t wait until the end of the quarter to look at what you noted months earlier. Keep a spreadsheet handy and equip your front office personnel with the right online tools to capture opportunities as they are coming in!

Empower Your Team

We’ve discussed the ways that tracking can improve your marketing strategy, but capturing this information can also help identify areas where the practice can improve organizational efficiencies. For example, are you seeing calls come through from a direct mailer, but they aren’t converting into appointments? This may be an opportunity to identify any gaps in training and activate education for your team members. Maybe it is time to sit down with your FOP or Office Manager to understand how they are handling incoming calls and discuss the best ways to get the schedule filled.

Are the completed appointments not converting into units sold? It might be time to meet with your providers to discuss best practices for closing sales. It is important to own the patient experience from initial call/touch-point, to pre-and post-appointment, right through to purchase and beyond. Identifying where certain patients are getting trapped in the sales funnel can help your team focus on their individual role in generating more sales!

 

INSIDER TIP

Don’t ignore the patients who jumped ship along the way! Utilizing tracking can provide valuable details on where that patient is in his/her hearing health journey, so you can tailor any future messages directly to their situation. Reach out to your Tested Not Sold audience with personal phone calls asking why they haven’t chosen to purchase and follow up immediately with the Cancel/No Show audience, communicating that it’s important to you that they come in for their appointment with the provider.

Send Your Results to Consult YHN

One of the biggest challenges with amassing marketing data is what it all means and what to do with it! Consult YHN’s Quarterly Marketing Review provides valuable insight into what your marketing data means in real-time, helping you refine your strategy continuously. The benefits to Consult YHN’s Quarterly Marketing Review include:

  • Knowing where you stack up in comparison to other Consult YHN providers nationally.
  • Identifying areas in the marketing strategy that can be adjusted to bring more qualified leads into the practice.
  • Understanding your patient acquisition cost vs. the Consult YHN network benchmark.

To effectively market in today’s world, activities need to be tracked, measured, and refined.  We encourage you to get connected with Consult YHN Marketing to start tracking your activities today!

About the Author

Julia Shreckengast joined Consult YHN in 2015 and serves as Marketing Account Executive, providing support to Associates by managing creative projects and developing/executing marketing plans. Prior to joining Consult YHN, she helped promote the city of New Orleans as a member of the New Orleans Tourism Marketing Corporation. Julia graduated Cum Laude with a bachelor’s degree in marketing from Tulane University.