Widex is a renowned manufacturer of quality hearing instruments. This blog is run as an extension of our business support strategy. It will include education and business support articles.
Monday, October 3, 2011
Tools That Will Assist In Social Media Management.
Sunday, October 2, 2011
Social Media & Marketing For Audiological Practices
In this post I would like to lay out my arguments for engaging in non traditional marketing channels, I’ll discuss the channels available, the content type on each channel and the measurement of results. I would appreciate any discussion about this article and indeed what you think about the concepts I have raised.
WHY?
We have moved into the 21st Century, the truth of that statement is easy to see around us every day. Our attitudes and habits as a society are changing, particularly the channels of communication that we use. More and more communication is undertaken over social web channels, we build online communities that increase our social connections beyond family and friends to friends of friends and even strangers. I think that the explosion of this type of engagement is a combination of our need to relate to our friend and family members who are removed from us by distance and also a reaction to the lost sense of community that appears to prevail in our society.
The web, either as a search or communication tool has become the go to place. Whilst initially this phenomenon was driven by tech people and the young, it has become accepted throughout society in nearly every demographic. As I grew up, if I wanted to search for a business that provided a particular service I picked up the Golden Pages. Something that admittedly a lot of our customers still seem to do. However, I can not remember the last time that I looked at the Golden Pages and my children do not even know what it is. I had this hilarious conversation just a week ago with my seventeen year old son, after trying to explain the concept I told him it was Google before the dinosaurs died! Nothing like kids to make you feel old.
As I have said, some of our demographic still use the Golden pages but they are more and more turning to the web and the ubiquitous Google to supply their needed information. Not only are they using search engines but more and more of them are using social networks to communicate and become involved in community and shared interests. Don’t forget, our customers are getting younger, because of better education and increased lifestyle expectations, people are searching out treatment for their hearing loss earlier and earlier at a much younger age.
Your Motivation
So, what does this have to do with you, an audiological practice owner who is trying to undertake targeted marketing that can give you adequate ROI? Marketing to our demographic is not JUST about newspapers and magazines anymore, nor though is it Just about social media. I have heard it said that traditional marketing is dead and online marketing is where its at, but I don’t think that is truly the case. However, I think that we as an industry have to become smarter and more adept about targeted marketing across all channels both new and traditional.
I think that it should be a collaborative approach using the best media for your business both traditional and new, I also think that both of these should and can be mixed and combined across campaigns. I think that this synergy can increase your exposure, engagement and supply a constant flow of business to your practice. In effect it can reduce cost per lead over time allowing you to better cope with the pressure on margins that are to the forefront of everybody’s mind at present.
So where does social media fit in our industry’s marketing mix?
The Channels
First lets have a look at the channels that exist right now. Three of the main channels that are being used by other industries and indeed some members of our own industry are Facebook, Twitter and blogs. So, how will you use these channels to a commercial advantage? Each channel is different, the goals and usage tend to be quite different across the channels.
Facebook: The management of a Facebook Page tends to be a mix of content curation, finding and posting links to information that you judge may be of interest to your target audience, and content manufacture, the manufacture of good content that you deem will be of interest to your audience and will show your professionalism and expertise.
Twitter: Twitter is much more about content curation and some sharing of links to your own content. The following that you build up on Twitter will expect more engagement and will probably engage with you more.
A Blog: A blog is where you can shine, it is all about content manufacture, its where you supply content that shows your professionalism and dedication to your subject and your Patient. It is where you provide good quality articles on your subject giving clear advice and discussing the latest developments.
Channel Strategies
On Facebook, the first thing to do is to set up a business page, the content strategy for this page is to position it more towards an advisory platform and less as a promotional channel. In order to do this, you can mix and match content of interest from third party pages such as hearing aid manufacturers and hard of hearing associations around the world. In fact this approach actually will leverage those pages to your advantage by allowing your page to be visible in the stream of the third party pages, possibly giving you the opportunity to connect to some of their followers. They obviously have an interest or else they would not be followers of these third party pages.
The content does not have to be strictly hearing related, a lot of our demographic are interested in gardening. Promoting gardening tips as part of your strategy may lead to engagement with people you may have not reached before. The posting of local information on your page is also ideal. As is liking local club pages and re-posting their content. These are an excellent source of both content and possible new followers.
Facebook adverts as a medium is highly targeted and not nearly as costly as you may think. The benefits over traditional marketing is that it is live, vibrant and you have complete control over who it is delivered to. You can target the adverts by age, interests and even geographic areas. So in other words, I could place an advert saying just how brilliant I am, and you of course would agree, stop heckling at the back, then I could target that to every Facebook member over 55 in Dublin. I guarantee that I would be getting handbag smacks and gobshite remarks by tomorrow morning. How cool is that? the targeting, not the outcome, even my skin could not take the full Dublin wit for long.
Twitter is a different type of platform, Twitter is used to deliver links to content, be it yours or others that you think is fascinating. You post those links in the hope that your followers will find them fascinating and will engage with you in a deeper way. Its kind of like when you were five and found a ten inch worm in the garden. You just had to show it to everybody, Twitter is a bit like that.
Twitter is really important for learning from others, passing on useful information and listening in. The last one is probably the most important, Twitter can be effectively used to listen in to conversations pertaining to products you supply and your brand in a local and targeted way through its search facility. Even though Twitter is limited to 140 character posts and messages, I can truly say I find it the most engaging of platforms.
Your Twitter strategy should be to tweet links of interesting content with your own observations intermingled with links to your Facebook page and blog content. You should engage with your followers, thanking them for their follow and any retweets of your posts they undertake. This engagement will build into a community of sorts over a period of time.
Blogging: As I have said earlier, a blog is where you get to shine, where you get to show everybody how professional and caring you are. In order to do this you need to give direct, honest and undiluted advice. Write in your own voice being true to your own thoughts, if you do not, your content will be stilted and your viewers will see through you.
You should also invite credible comment on the posts that you place on your blog. Again ensure that you answer as directly, honestly and as openly as possible. Your blog is not a news section, although it is okay to repost content that you find really interesting once you reference it and discuss why you find it interesting.
So before you move forward rushing into the abyss, sit down and outline your strategy for the elements of your online media and the content that you will provide. Think carefully about these questions,
What are your key areas of expertise? Are they different in any way than others?
What can you tell your customers that others can’t? What is your unique selling point?
Can you better inform customers about hearing loss? If so, How?
Where will you draw information from for your content? Other users, Traditional media? Manufacturers?
How will you manage your social media channels? What technology will you use to make it easier?
Who exactly in your organisation will manage it?
When a disgruntled customer posts a comment that is nightmarish for your brand, How are you going to deal with it?
If somebody complains on one of your channels, How will you deal with that?
Hey, I didn’t say this stuff was easy, just looking at the last few questions it becomes obvious that social media channels are something that you need to outline a strategy for and not one that fits on the back of a cigarette packet. Having said that, it is worth it, it is fun, it is exhilarating, it helps you to engage with your customers and potential customers for freeeeeeeeeeee! Knew that would get your attention, Running the social media channels for my company has been a wild ride, me on one side Facebooking, Tweeting and Blogging away while my bosses crouched semi terrified in the corner! Mwahhahhahhahahahahahahahah! Sorry some times the post stress just takes over.
In strict fairness, they have allowed me to undertake the experiment without beating me over the head or having me whacked, although I think I was close at least once or twice. The experiment so far, although only in my own opinion, has been a success, I have engaged with people worldwide, I have introduced new customers to our brand. Several people around the world now are customers of my company because of their engagement with us on the web. I have faced most of the questions I mentioned earlier, I had not thought of them before, so when they happened I faced what Pilots call, “Pucker Factor”.
I have to admit that how I dealt with it was on the fly, wing and a prayer stuff. My comments, answers, advice and help offers were just right to deal with the stuff that came up. I would not recommend that course of action to you though, THINK very carefully about every angle before you set off on your journey.
Return On Investment and Metricing
In order to metric your activities, you need to set KPIs. The KPIs around your social media are quite personal, there are many you can set and they reflect what exactly you want to gain from your campaign. Whichever metrics you choose, you should apply them quarterly initially and then monthly as your channels begin to grow. KPIs that I measure are new contacts made, quality of contacts, engagement with contacts. I also analyse ongoing hits on the blog and web activity around my online presence. The tools that allow you do this are either free or cheap, I use one for Twitter called Socialbro which is free right now, it is an outstanding piece of software. I am sure that most of you are already using Google analytics for your website, it can easily be used on your blog to give you excellent in depth data on the activity around you blog.
Pleas feel free to ask questions, giggle hilariously, disagree, oh and tell me I am a god and offer me money! That last one probably ain’t going to happen, but hey, we can live in hope!
Saturday, October 1, 2011
Just stuff: Social Media & Marketing For Audiological Practices
Linkback to my blog, with a post on Social Media Strategy in an Audiological Business setting.
Tuesday, August 9, 2011
Patient Reminders Software, an excellent potential Patient Retention Tool
Patient Reminders Software, Increasing Customer Engagement & Retention For Your Practice.
I very rarely advocate any other company’s products on this blog, I think the clue is in the blog name really. Although I am open to offers of freebies, an iPhone 5 for review perhaps? :) However, occasionally I come across a product or tool which I feel has real benefit for our Retail customers such as the OtoPod which was featured in an earlier post. In this case, it is a piece of software that can be deployed as part of a practice management suite that I feel could deliver real benefit to any Retail Practice.
I recently came across a piece of software that I feel maybe extremely beneficial for any retail organisation; the software is named Patient Reminders and is deployed as a net based system. I believe the software has the ability to be extremely beneficial to a retail organization. The software can be deployed in a way that will bring both tactical and long term strategic benefits to any brands Retail operations.
I feel that in a Retail operation the deployment of the system will allow:
· Increased customer engagement
· Better compliance in appointment fulfilment
· ongoing marketing opportunities
· Increased Patient Retention
The system is an automated sms reminder system, designed for and deployed by drug research companies for use in clinical trials, it is designed to remind Patients of follow up appointments, the metered taking of particular experimental drugs and the recording of their Patient Diary. The software can be adapted for our industry purposes particularly in retail operations either as standalone independents or national multi outlet brands. I think a well designed deployment of the system can be utilised to encourage:
- Brand Awareness
- Loyalty
- Customer Retention.
The idea in deployment would be to automate a schedule of text messages to be delivered, the core content of the text messages would be automated appointment reminders to assist in your set Patient journey/follow up schedule. This should and could include initial test appointments and no sale follow up messages. You can also utilise the text messaging service as part of your standard marketing endeavours, notifying Patients of relevant offers or ongoing campaigns, carefully customised to them.
Increasing Appointment Compliance by 40%?
It also has the benefit of cutting down on paper use and postage costs, you can also be reasonably sure that your carefully designed message is in fact been read by your target audience. I read an interesting statistic recently that has real bearing on our industry among many others. It stated that in the US up to 44% of direct marketing mail went unread? I also noted with interest while I was researching this software, a study released by the NHS that stated that compliance with appointments had increased by 40% with the introduction of an automated sms reminder system.
That Study Data Can Be Downloaded Here Text Messaging in Healthcare
The following is a brief outline of the Patient Reminders system from the company who provides it
PATIENT REMINDERS - HELPING OUR HEARING AID CUSTOMERS & PRACTITIONERS
Patient Reminders is a simple, secure, web form for practitioners or patients to:
- Register hearing aid device serial numbers for warranty protection
- Opt in to receive perfectly timed SMS and/or email reminders to return for a hearing aid service or test at the correct interval
- Be updated on special offers or new products and be motivated to book a demonstration
Only very basic information is needed on the web form:
- Device type from a prepared pick-list
- Serial number
- Date of fitting/supply from calendar picker
- Practitioner from prepared pick-list
- Cell phone and or email
- First name
- Country and language from pick-lists
From the date of fitting, the system automatically builds the perfect visit schedule. Messages are sent to patients at the correct time in the local language and font. Languages such as Hebrew, Russian and Chinese are supported as standard making it a global solution. The solution can be designed to include the Practitioners/Retailers name, website and phone number within the message sign-off, ensuring complete ease of use, encouraging the patient to call and book the appointment or product demonstration.
The data is encrypted and secured on the Patient Reminders servers. This solution has been designed for the clinical trials industry. They are HIPPA, EU privacy Directive, Safe Harbor and CAN SPAM compliant. Data is never shared or divulged.
The benefits include:
- Making it easy for patients to reach back to practitioners
- Increased hearing aid device service and maintenance routines
- Elegant communications keeping customers happy and showing we care
- Gentle reminders at the optimal time to book new product demonstrations
- Increase customer loyalty and generate repeat sales
Patient Reminders can be viewed at
Like I said, I don’t normally plug other people, its hard to fit it in around me telling you how wonderful I am! But I think that this software could be of real value to Retailers. Let me know what you think,
Geoff
Thursday, July 28, 2011
LOYALTY SCHEMES, ARE THEY FOR YOUR PRACTICE?
Loyalty schemes as strategically deployed programmes to aid to Patient Retention
Loyalty schemes are becoming more and more prevalent in the retail world and indeed beyond to the service industry. These schemes are not really deployed in our industry to any real extent. I think an introduction of a loyalty scheme can and will help your business in the long term. The mantra in our business, particularly at present, although in some quarters it is nothing new, is Patient Retention. We all know that in order to survive in the current economic climate we need to retain our Patients and in doing so we will see a growth in new business through customer referral. I have written before here along these themes and I am constantly thinking about tactical applications that will encourage that strategic goal.
In my day to day work in Widex Ireland I am on hand to advise and support our accounts with business and marketing ideas to assist them with their business. Here at Widex and I mean Widex internationally, we are committed to supporting our customers to grow and prosper. This is not all altruistic of course, it is grounded in the belief that if our customers prosper through our support, so shall we. Their success is by extension our success. This attitude is enshrined within Widex and has been since the inception of the company, I think we as a company have become famous for forging long standing business relationships with Partners as opposed to just selling to Customers.
Enough of the love fest already, I just give it as background as to why we are constantly thinking about ways for you, our customers to succeed, that and the hope that Mike (the big Gaffer) says, this guys a genius. Stop laughing Miller it could happen! Back to the point, Loyalty Schemes, so how will we introduce it and what will we offer. Also, what do we expect back from the scheme, the scheme, no matter its extent will involve some investment, whether that be time resources or money. In order to assess some of these questions we first have to understand what a loyalty scheme is and how it applies to our business.
So a loyalty scheme is defined as the following:
- a scheme to keep the business of existing customers, e.g. by special
discounts for loyalty card holders
So in essence it is a simple concept, in application is where it gets interesting. The immediate questions that are raised for me are:
- What Customers?
- What discounts?
- On what products?
- Loyalty Card? Now you are having a giggle right?
Ok, lets have a look at the preceding:
What customers? Hell allllll of them, even people who aren't your customers. When you start a good loyalty club, advertise it, anyone can join and avail of the discounts on the products or services you define. If they want either the products or indeed the services if you include any, they are either hearing instrument users or they know somebody who is. If you didn't sell them the last set of instruments lets try and make sure you sell them the next set of hearing instruments. So start your loyalty club and advertise its advent, advertise it as open to anybody on sign up. Include a reference to it in all your advertising, web, news media, leaflets, practice brochures etc, oh and it is a perfect opportunity to send a meaningful communication of real value(I talk about these a lot) to your existing customers.
What discounts? That is for you to decide, but they have to be meaningful and of value to your customers and more importantly to people who are not your customers yet. You need to look at it from a purely economic point of view, the cut in margin can be made up in volume sales. Another key thought here is that attracts new customers and helps to retain old ones is a real cheap lead. How much do you think it costs you via traditional marketing to generate a lead? If all it costs you here is a cut in margin and a few pence for mailing and loyalty cards, that is a pretty cheap lead.
On what products? Okay, this is where it becomes an interesting tactical exercise, you need to ask yourself what do I wish to achieve with this strategy. You also need to ask yourself what do my customers want and what would they value from me? I think there is actually a meeting of needs here, it would be nice for most businesses to increase revenue from regular purchase ancillary products. The core regular purchase ancillary products in our business are batteries and clean and care products, clean and care products are something that I am sure we would all like to encourage as they bolster instrument reliability and reduce failure and service costs. So for both us and the Patient the purchase of clean and care supplies are a win win. So encourage the sale through discounted products and do so in a way that brings benefit to you through offering discounts through a loyalty club. You can also consider in the medium to long term offering discounts on new sets of hearing instruments, again perhaps you are reducing margins, but we all give discounts to returning Patients. A loyalty scheme formalises this and also removes the need to discuss discount because you have set it.
Loyalty Card? Yes please, nice shiny pieces of plastic woohoooooo. I love em, makes me feel all growed up! Sorry I digress, a good quality loyalty card is in the scheme of things quite cheap to have printed, then individualizing it is easy with some of the desktop printing solutions designed for this purpose. Get a well designed loyalty card printed up, even better if your till system scans codes, you can entry the data on it and the production and scan of the card at point of sale can automatically apportion discount. In this manner you can also capture ongoing data pertaining to purchasing and design and customise individual offers to your Patients. Of course none of this works as well if you do not have good CRM systems coupled with good point of sales systems. But don't let that put you off, it can be done manually, just design your CRM in order that you can record purchases on it in a way that you can search and quantify. The only way to manage and grow your business is by knowing all the data.
Please feel free to comment and tell me why I am wrong! J