Database = More Qualified Leads: The Who, Why & How

Many of the practices that I speak to assume marketing is centered around bringing in new people. While that is a key component, that is not all that marketing is. The definition of marketing provided by the American Marketing Association states: “Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.”

Notice how “customers” are the first audience they call out? They are the easiest people to market to, yet practices tend to leave them by the waist-side.

Here are three reasons why you should be marketing to your patients:

  1. You have an established relationship with them. You already invested the time (and money) to get them in the door. Regardless if they purchased or not, you should want to maintain that relationship with them, so they continue to come back.
  2. Out of sight, out of mind. The hearing industry has evolved into a heavily competitive environment, so your patients are bombarded with advertisements from the larger, big box competitors that have the million-dollar marketing budgets. If you aren’t communicating with them on a consistent basis, they are more likely to go elsewhere.
  3. It is less costly. As opposed to marketing to the whole 65+ community, it won’t cost you nearly as much to mail something to your patients. It would be even cheaper if you sent them an email! The ROI is also much higher because you are marketing to more qualified leads.

Here are the facts*:

  • Compared to ads, inserts, digital marketing and traditional direct mail results, database marketing had the highest ROI – 99%!
  • 68% of completed appointments that came from a database initiative, converted to units sold.
  • Practices who ran an Consult YHN Upgrade event where they targeted their TNS and OOW patients, on average made almost $31K in profit – just from one 3-day event!

Here is what you can do:

  • Document where your patients came from and what the result was from their appointment. This will help you tailor your messages to those specific audiences. It will also provide insight into whether your marketing is working appropriately.
  • Devote 10% of your marketing budget to database marketing and implement it. This can consist of letters, birthday cards, postcards, newsletters, etc. These messages can either be delivered through the mail or the internet.
  • Execute fun events to get patients to come back into the office. You can do different things like a patient appreciation week, a wine & cheese night or even host Q&A sessions with both hearing aid and non-hearing aid users.

Here is how Consult YHN can help:

  • We can organize your database by establishing the correct referral sources and working with your practice management software on developing segmentation lists.
  • We can design any marketing piece that you want to send out to your database.
  • We can host your next Upgrade event.

All you need to do is contact your Consult YHN representative or the marketing team to get started. We will work with you to make your practice profitable by keeping it top of mind with your patients.

 

*These facts are based on the data that our Associates provide to us that is captured in Consult YHN’s quarterly marketing ROI report.

About the Author

Lindsey Pierangeli joined Consult YHN in 2012 and serves as the Marketing Manager. Previously, she held marketing positions with advertising agencies and worked on accounts such as Amazon and Coca-Cola. Lindsey graduated Magna Cum Laude from Johnson and Wales 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.

Video: A crucial component to your marketing strategy.

You’ve heard the adage “Content is king,” right? Content drives traffic to your website and increases your online presence.

So, who or what is the undisputed king of content? That can be answered in one word: Video.

Research shows that including video on your website is effective for marketing to your patients and prospects, as well as for tracking your marketing data. Here are a few reasons why video should be a part of your marketing strategy.

Video is engaging.

It’s easy to see why. Written text can feel clichéd and trite no matter how accurately it portrays you and your practice. Images are more compelling than text and the visual/auditory elements of video create a far more captivating experience. Video engages the viewer on a personal level and makes them more likely to remember you, your content, and your brand.

Speaking in front of a camera is not for everyone, however. Take me, for instance. I feel most at ease behind the camera. Flip the lens on me and I take on the personality of a rutabaga.

Thankfully, you are in the people business, selling a service and an experience. You interact with others all day. If you want to engage and make a personal connection, video is the closest thing to your daily, face-to-face conversations.

Video builds trust.

Any audiologist (or paid writer) can claim that “we offer the best care,” but only you can convey your uniqueness, credibility and sincerity. Only through video can you convey a true sense of who you are and what you’re like. Video captures your authenticity and differentiates you from the internet crowd.

The same holds true for patient testimonials. A 30-second video clip of a happy patient is far more effective than a well-crafted paragraph. It elicits emotional responses and makes a connection with your prospects.

Video has a wide reach.

Videos are multi-platform friendly. You can upload them on YouTube, post them on your website, and share them on all your social media outlets. Viewers, including third-party and referral sources, are more likely to share a video than a block of text with a relative or friend. A single video has the potential to reach hundreds (or thousands!) of patients and prospects.

Video is effective (and the research proves it).

If you’re still not convinced of the importance of video to the purchase process, consider these numbers:

  • 90 percent of users say that seeing a video is helpful in the decision-making process. (Forbes)
  • Retailers cite a 40 percent increase in purchases as a result of video. (Adobe)
  • Four times as many consumers prefer to watch a video than read text. (Animoto)
  • Four in five consumers say that video about a product or service is important. (Animoto)
  • Almost 50 percent of internet users look for videos related to a product or service before visiting a store. (ThinkWithGoogle)
  • Marketers who use video grow revenue 49 percent faster than non-video users. (VidYard)
  • Enjoyment of video ads increases purchase intent by 97 percent and brand association by 139 percent. (Unruly)
  • 80 percent of customers remember a video they’ve watched in the last month. (Hubspot)
  • By 2019, video will represent over 85 percent of all Internet traffic in the U.S. (Cisco)

If you’ve been working with our marketing team, then you know the importance of data behind your efforts. Here are a few more numbers that show how video can play an integral part in your marketing:

  • Video can increase landing page conversion rates by 86 percent. (WishPond)
  • Including video in an email increases click-through rate by 96 percent. (Forrester)
  • Content with video see 27 percent higher click-through rates. (VidYard)
  • Pages with videos are 50 times more likely to land on the first page of Google’s search results than text-based content. (PR Newswire)
  • 52 percent of marketing professionals worldwide name video as the type of content with the best ROI. (HubSpot)

If you’re not incorporating video in your marketing strategy, you might want to reconsider.

About the Author

Rolando Corpus joined Consult YHN in 2011 and serves as Art Director. He has more than 12 years’ experience in graphic design, digital marketing, and video production. He received a bachelor of arts degree from St. Joseph's University and a master of arts degree from The University of Pennsylvania.

Six Key Elements to an Effective Direct Mail Campaign

There are those individuals who believe that direct mail doesn’t work anymore, but our Associates’ numbers tell another story!

Based on our practices’ data, the average cost-per-call is $247 and the cost-per-appointment is $442. Over the past year, direct mail generated an average of 40 percent ROI for our Associates.

In fact, when it is executed properly, direct mail is still one of the top opportunity drivers for our practices! When the Consult YHN marketing team develops direct mail strategies for our Associates, we incorporate the following components:

  • 1. Vendor

Surprisingly enough, there are numerous direct mail vendors that specialize in the hearing industry. We recommend only working with these companies because they understand the market and how to speak to the target audience. All their pieces have been tested and proven to drive results and they will supply the distribution list at no additional cost. Contact us for Consult YHN’s preferred vendor list and pricing.

  • 2. Budget

Our general rule of thumb is to allocate about 45 percent of your total marketing spend towards direct mail. Every practice has their own objectives and goals that may require increasing or decreasing that percentage amount. It is up to the practice owner to decide what he/she is comfortable spending and how much they are already investing in other marketing efforts. All of this information helps us determine what funds are available to put towards direct mail.

  • 3. Distribution

This is a key attribute of the direct mail strategy. If you aren’t reaching the right people in the appropriate zip codes, then it defeats the purpose.

Here are the factors that you should consider:

  • Age — Typically between the ages of 62-65, depending on how many residents it pulls.
  • Income — We suggest adding a household income filter of $30K. If you need more residents to target, you can eliminate that filter, but we don’t recommend increasing it. Keep in mind that most of these individuals are retired and don’t have as much disposable income.
  • Zip Codes — We recommend looking at your database and identifying in which zip codes your current patients live. If individuals in certain zip codes are already visiting and purchasing from the practice, others are likely to do so. Once the targeted zip codes have been identified, send them to the direct mail vendor of choice to confirm how many residents they can mail to in those areas.

Note: Consult YHN offers free territory analysis reports that identify all your surrounding zip codes in a certain mile radius (varies by practice) and where your competitors are in relation.

  • 4. Approach

Now that you have an idea on the budget and who the target audience is, the next step is figuring out how to reach them. When it comes to a successful direct mail campaign, frequency and consistency are crucial. It is best to divide your total audience into groups and rotate them every mailer. Once you’ve reached everyone on your list, continue that rotation until you have sent a direct mailer to your total audience 3–4 times over a 12-month period. You don’t want to inundate them with direct mail, but you need to reach them more than once to make it impactful.

Another key factor is how many pieces you send out with each direct mailer. While direct mail can be successful, the response rates are relatively low (.25 – .5 percent). We recommend sending out 5,000 – 7,500 pieces for each direct mailer (per location) to drive the necessary amount of opportunities to make it worth the investment. If you think you need to send more than that, you may want to divide it up further so there is a steady flow of traffic to the practice on a consistent basis.

If you are curious as to what results you should expect, check out Consult YHN’s direct mail response rate calculator. It will tell you how many calls and appointments you should receive and the gross revenue that you should generate.

  • 5. Messaging

We rely on our preferred direct mail vendors to determine what messages are the most successful and what resonates the best with our audience. Those vendors will customize each message for the specific practice (i.e., logo, contact information, offer, etc.) and we do not recommend interfering with the overall message. When you change the content, it could skew the results. We also recommend incorporating an offer that will entice individuals to come in. Many practices offer a free hearing screening, but that may not be enough of an incentive to get patients to your office.

  • 6. Call Tracking

If you want to know if your direct mail campaign is successful, you must have a call tracking number on it! Even if you have the best front office staff, it doesn’t hurt to have a documented report that captures all the calls that came in. You can purchase your own call tracking number through one of Consult YHN’s preferred call tracking vendors or your direct mail company may provide one to you.

There is a lot of strategic thinking that goes into a direct mail campaign, which is why the Consult YHN Marketing team is here to help! We will work with you to determine the best strategy and if it is driving the necessary traffic and ROI.

For more information about how to optimize your direct mail campaign, click here. You can also calculate your marketing ROI with our new Marketing Calculator.

About the Author

Lindsey Pierangeli joined Consult YHN in 2012 and serves as the Marketing Manager. Previously, she held marketing positions with advertising agencies and worked on accounts such as Amazon and Coca-Cola. Lindsey graduated Magna Cum Laude from Johnson and Wales University.

Master the data, better serve your customers!

Marketing has changed. Since 2000, essentially all businesses prepared for these changes with toll-free numbers and considered themselves ready for inbound marketing. Inbound marketing is waiting for consumers to call — or text, or visit, or click through to — your business.

Use of the word waiting doesn’t do the concept justice, however. Inbound marketing is not passive, it’s active waiting, or, more correctly, encouraging consumers to contact you. Inbound isn’t a battle for prospects’ attention. It’s not a hard or aggressive sale as much as it is a strategy for presenting your business. Through content on your website, social media, blogs, etc., you encourage consumers who find your products and services relevant to their needs to reach out to you.

Inbound is often applied to the customer journey — from being total strangers to having an awareness of your business, then moving through stages of familiarity and consideration of your offerings, and finally into the decision or conversion phase, where they choose to become customers. A smart business presents content in appropriate channels that suits the interests of prospects throughout this journey. Each portion of your content collection should relate to the buyer’s unique position in the journey and then advance him/her toward conversion.

The trick is knowing if and how the content and the channels are actually moving the customer along in his/her journey. That’s done with data. Even though we’ve moved into instant, digital everything, some significant parts of a buyer’s journey still happen offline, and offline actions must also be tracked and measured.

Offline data gaps can occur due to material differences among marketing channels. Facebook is a terrific place to build awareness and create a community, but social platforms are not where consumers typically go to make purchases or gain deep knowledge of your products/services.

At the other end of the journey, phone calls are rarely first touches. A customer who phones your business may want information that they couldn’t find on your website — and there’s a good chance the customer is ready, or is almost ready, to buy. If you’re not measuring phone calls, you’re likely missing substantial data. The technology of call intelligence platforms makes taking inbound calls while collecting data, recording, transcribing (and more) a simple proposition. Most tracking platforms integrate call data with CRM, practice management software, and other marketing platforms, giving business owners a more complete picture of their potential customers.

Why is call tracking important? It’s a digital world, but calls are far from dead. Even though the integration of the web and smartphones into everyday life has changed our world substantively, phone calls are still alive and well in the marketing process. Capturing, tracking and acting on the intelligence of your phone calls is no longer a luxury, it’s a necessity.

In fact, the continuing evolution of phone technology has created an environment where mobile searches can result in immediate calls and conversions — all from the same device. Measuring which search queries, ads and content make those calls happen, therefore, will be key to building and refining a winning overall strategy.

About the Author

Jerry DeRosa is Consult YHN’s Vice President, Marketing. He draws from more than 25 years of marketing experience with expertise in direct and retail marketing, advertising and digital media. Previously, Jerry was Director of Marketing Communications for Wolters Kluwer Health, a medical information, data and publishing company.

Seven Things to Consider When You Run Your Next Ad

your-ad-goes-hereWhile it is true that advertisements don’t drive as much traffic as they once did, they are still effective!

In Consult YHN’s most recent ROI report (compiled from Associates’ marketing data), ads brought in a slightly negative ROI (-4 percent) and brought in few opportunities, BUT 72 percent of those completed appointments were converted to sales!

We also noticed that few Associates are running inserts, but those that do generate a positive ROI. In fact, of all the marketing initiatives, inserts delivered the highest conversion from appointments to sales (75 percent)!

The next time you weigh the options of advertising in your local publication, ask yourself these seven questions:

  • 1. Is the ad at least a quarter-page?

WHY: If you want traction, your ad needs to be at least a quarter-page in size. Frequency in the newspaper is a tale of the past — if you want your ad strategy to be successful, run one larger ad once a month instead of smaller, weekly ads. In the hyper-competitive world of advertising we live in, frequency can become white noise. Allocate your budget to a larger ad or an insert that doesn’t run as often in order to make it stand out.

  • 2. Is your logo and contact information prominent?

WHY: You would be surprised how many ads we review that neglect to list a practice’s name or their phone number! Beyond your contact information:

  • Utilize your logo prominently to establish some brand recognition in your community.
  • Calling out a landmark close to your office under your address can help provide easy reference.
  • List your website URL under your address — it helps build your credibility as an expert in your field and your website is typically the place that individuals will go to after they see your ad and before they pick up the phone.
  • 3. Do you have a call-to-action that encourages people to call the practice?

WHY: You need to tell people what to do with the information you give them. As simplistic as “Call today” or “Schedule an appointment” are, you would be surprised how effective these messages can be.

  • 4. Do you highlight what makes your practice unique?

WHY: From a branding perspective, it is important to utilize your messaging to highlight what sets you apart from your competition. With the big box stores and OTC coming into play, you need to tell your audience why they should come to you instead of going to your competitors. Ask yourself if there are any services that you provide that no one else in the area offers. Have you been around longer or have more experience? Are you doing things in the community that no one else is doing? Your audience wants to know!

  • 5. Is there an incentive that will entice them to call?

WHY: Incentives provide an added value to the services you provide. While everyone loves a deal (e.g., money or percentage off a hearing aid device or a free hearing screening), this doesn’t always have to be the offer. For instance, Consult YHN’s wellness initiative encourages practices to have “Lunch & Learn” events or educational seminars within the community, which could be your promotion. Ads receive a greater response rate when tied to an event where there is no commitment to buy vs. advertising an offer for a hearing device.

  • 6. Is there an image that relates to the message?

WHY: It is important to feature an image in your ad that grabs your audience’s attention and visually communicates your message. We prefer imagery with multi-generational families or active seniors that the audience can relate to. If your message is focused on technology, include imagery of up-to-date hearing devices that showcase their sleek design and advanced features.

  • 7. Are you optimizing your ad results?

WHY: Based on industry benchmarks, the average response rate for an ad is 1-2 calls per run. If you run an insert, then it is 10 calls per run (est. 30,000 distribution). The calls may convert to appointments and sales, but that is not always the outcome. While ads are typically seen as a branding awareness initiative, you can promote them through digital marketing or utilize your community network to gain more traction.

You should be allocating about 15 percent of your marketing budget towards print ads. While there has been a decline in response rates, it is still an important touch point that should be integrated into your multi-media marketing plan. If you have questions or need marketing help, the Consult YHN marketing team can review your existing ads and provide feedback, develop and release ads, and assist you with your overall marketing strategy.

About the Author

Lindsey Pierangeli joined Consult YHN in 2012 and serves as the Marketing Manager. Previously, she held marketing positions with advertising agencies and worked on accounts such as Amazon and Coca-Cola. Lindsey graduated Magna Cum Laude from Johnson and Wales University.