Is Your Practice “Brand” Moving You … In The Right Direction? (Part 2 of 3)

Build your relationships first….then your dentistry. ~ Bob Barkley

Is Your Practice “Brand” Moving You … In The Right Direction? (Part 2 of 3)

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By Paul A. Henny DDS

What do Mercedes Benz, Godiva Chocolate, The Ritz-Carlton, all have in common? They all have high levels of name recognition, trust and preceived quality. In other words, these names have been “branded” as being highly desirable.

Would you like your practice to be quickly recognized and perceived as high in trust and quality as well? The same branding process used to elevate the Ritz-Carlton can be used to elevate a dental practice in the eyes of the public– albeit on a much smaller scale. Here are four more concepts to consider to Brand and Position your dental practice.

“You must have it on the shelf before you can sell it.” This famous quote is attributed to L.D. Pankey, is dead on when it comes to marketing. Branding and positioning your practice as the optimal resource for fine esthetic and restorative dentistry is pointless – if not dangerous – if you can not deliver on your implied promises. The bottom line: You can not fool the marketplace. Make sure you have a thourogh and proper educational grounding from great learning centers like the Pankey Institute and the Dawson Center, and know how to apply these concepts and philosophies as the market often ruthlessly punishes imposters.

Promote distinctive benefits not features. Recently a brand and design consultant group evaluated over 2,000 US Brands. They looked at brand strength which is a combination of two properties: differentiation and relevance.  Differentiation is the degree to which a brand stands out. Relevance is the degree to which consumers believe a brand meets their needs.  The brands that did best were those that delivered on both counts. When the presence of both properties is missing, branding and marketing efforts become ineffective.  A common example in dentistry where this understanding is violated is when a machine or technology is promoted instead of the ultimate benefit of that technology.  What many fail to recognize is that the general public is simply not interested in technologies like CAD milling machines or digital radiography unless the public also understands how these technologies are relevant to their perceived needs and wants.

Match your branding message to your medium. Branding messages must be tailored to your target audience as well as conveyed via media which has a high level of the targeted demographic group paying attention.  The best ads placed in the wrong media or at the wrong times will ultimately fail. So careful market planning is essential.  This research and planning should be performed by someone with experience in dental practice marketing. This person typically should not be the sales representative for that media outlet.

 

Persistence counts.  Branding campaigns often take several months to bear fruit even when the right message has been placed with the right media. Much like priming the pump, branding campaigns take time. Once results start to appear, note what people are responding to and are not. Adjust your message accordingly and keep doing the things which are working while replacing approaches which are unproductive with new pratice branding initiatives.

Strong, well-differentiated, and well-positioned practice “brands” have high profit margins, command premium fees – all while seeing fewer patients each day. They also secure more patient loyalty and appreciation, grow faster and ride through ecomonic downturns with less trauma.

In contrast, falling practice “brands” tend to have poor profit margins, depend on coupons, insurance discount programs, require high patient volume to survive, and are highly suseptible to economic downturns.

Consider a branding campaign to better position your practice and to take charge of your professional future.

 Paul A. Henny, DDS

Thought Experiments LLC, ©2018

 

 

A. Noteworthy Quotes

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 Whether they realize it or not, business leaders are practicing psychologists in the sense that their attempts to motivate people are based on their assumptions of human nature.

Stephen R. Covey

The temptation to order life by reducing it to tidiness, rather than developing a vision which encompasses its incoherence, is just that – a temptation to be resisted.”
Rubin Nelson
       We can’t all do everything.
                            Virgil 45 B.C.
The Authentic Self is your most pure, least distorted sense of yourself. And your Authentic Self is a symbolic representation of the very best you want for yourself.
Avrom E. King
from Choosing to Choose

 

Man sacrifices his health in order to make money. Then, he sacrifices his money to recouperate his health. And then he is so anxious about the future that he does not enjoy the present; the result being that he does not live in the present or the future; he lives as if he is never going to die, and then dies having never really lived.

Dalai Lama

 

Sometimes the best light comes from a burning bridge.

Don Henley

 

If you can’t explain it simply, then you don’t understand it well enough.

Albert Einstein 

 

Telling ain’t teaching, and listening ain’t learn’in.

Bob Barkley

The emphasis in dentistry on efficiency and productivity, the elimination of disease, on making the correct diagnosis, on managing clients, on being scientific and on being professional, led to distancing dentists from their origin as learned men or women, counselors, and teachers.

Lynn Carlisle ,DDS

In a Spirit of Caring

The hallmark of principle-centered power is sustained, proactive influence. Power is sustained because it is not dependent on whether or not something desirable or undesirable happens to the follower. To be proactaive is to coninually make choices based on deeply held values. And principle-centered power is created when the values of the followers and the values of the leader overlap. Principle-centered power is not forced, it is invited, as the personal agendas of both leader and follower are encompassed by a larger purpose. Principle-centered power occurs when the cause or purpose or goal is believed in as deeply by the followers of the leaders.

Stephen Covey

Principle-Centered Leadership

 

Before we tell others what to do, we need to establish an understanding relationship. The key to your influence with me is your understanding of me. Unless you understand me and my unque situation and feelings, you won’t know how to advise or counsel me. Unless you’re influenced by my uniqueness, I’m not going to be influenced by your advice.

Stephen Covey

Principle-Centered Leadership

 

It has been said that one should invest only in companies so well organized that   an idiot could run them, because eventually an idiot will.

John Landry

Harvard Business Review

People are strange, when you are a stranger

 Jim Morrison, The Doors

 

To avoid criticism; do nothing, say nothing, be nothing.

Elbert Hubbart

 

A clear conscience is the sign of a bad memory.

M.  William Lockard, Jr. DDS

 If you are a good leader, when your work is done, your aim fulfilled, your people will say, “we did this ourselves”                                                                           

 Abraham Lincoln

 Build your relationships first….then your dentistry.

Robert F Barkley

Planning is essential, but plans are worthless

  Gen. Dwight D. Eisenhour

 

 If I’d had more time, I would have written you a shorter letter.

Ben Franklin

 

True friendship is a plant of slow growth, and must undergo and withstand the shocks of adversity, before it is entitled to the appellation.

George Washington  

 

Top performing Teams cannot be formed overnight. They require long periods before they can function optimally. Great teams are based on mutual trust and mutual understanding, this takes years to build up. In my experience, three years is about a minimum.

Peter F. Drucker

 

Do you have some favorite quotations you would like to share?

send them to: paul@paulhennydds.com

 

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