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   NEWSLETTER

June 2006
Business Village Town Meeting... A Report


Winner of Drawing for Free Purple Ink Consultation
:
Charles Walters, Phoenix Institute
CONGRATULATIONS CHARLES!!

Hope you felt some benefit from our evening together. We did! It was a lively discussion with several creative minds coming together to focus on solutions rather than the obvious obstacles. Dawn was a gracious hostess and the wonderful New Jersey Center for Healthy Living (NJCHL) provided a perfect venue.

Dawn’s concept for Alliance for Integrated Healthcare is at its core a business incubator. The Alliance in conjunction with NJCHL provides the necessary structure and services for small or start-up businesses (geared to healthcare practitioners). With this conducive backdrop, it was our goal to offer an interactive and experiential evening that would stimulate and promote solution-oriented discussion on some of the issues facing small healthcare practices.

Here are some notes on what we gathered from our time together:

Why you showed up . . .
• Networking
• Explore new ways to market business
• Transition from corporate to practice
• Growing business
• Focus on consumer – how to target them/reach them
• Referral marketing

What we talked about . . .
• Differentiation/Market Positioning -
       o Confusing key messaging – clearly define your specialty and what makes you
          different.
       o ‘Elevator Pitch’ – need to be able to describe what you do in a couple of short
          sentences.
       o Claim your Niche – hard to be everything to everyone, although it is tempting in the
          beginning and often necessary when getting started. While it may appear to narrow
          your client base, it surprisingly opens up opportunities with a clearer focus.

• Identification of Market – Demographics
       o Imagine your dream clientele. The clearer you are about what you want, and who
          you want to serve, the easier it will be to identify and reach out to your market.

• Credibility factor – while progress has been made toward “mainstreaming” these types of practices and businesses, there is still a large number of people that seek healthcare from a pharma-medical approach. Even those who have begun to utilize alternative or complementary methods will turn to a ‘quick fix’ solution when they are fearful and uneducated about their options. Therefore, education is key to helping ease this cultural transition and create informed and empowered consumers.
       o Case Studies – one solution to increase credibility and to simply illustrate how your
           methods have helped people.

• The bottom line – Sales: How much is a convertible lead worth to you?
       o Important to examine how your ‘sales’ process works.
       o How do you generate leads – how do clients find you?
       o Once they find you, how many of them turn into clients?

Relevant Statistics based on the Questionnaire filled out that night . . .
Website
There are plenty of studies and lots of evidence that use of Internet media is quickly becoming a basic requirement for successfully marketing a small business. The trick is to find ways to make it work for you specifically. Like a brochure, it is nice to have, but if people don’t see it, it doesn’t help support your business.

       55% have website
       40% don’t
       5% didn’t answer the question

of those that have a website . . .
       25% were generating leads that were converted into clients
       50% were updating regularly

Out of 15 questionnaires 11 answered the question about what percentage of people they believe seek healthcare professionals through the Internet.
       6 of the 11 – think that 60 – 80%
       5 of the 11 – think that 20 – 40%

PR
22.5% stated that ‘advertising’ was PR – this is a common problem. Just like you, those of us who do public relations professionally have to educate our clients as well. Don’t feel bad, but realize this can be one of the most valuable and cost-effective tools you have in your marketing tool kit. Take the time to learn a little about it and how it can specifically work for small businesses and practitioners in particular.

How would you look for a healthcare practitioner?
       9 of 15 answered – through a friend/word of mouth
       5 of 15 answered – regional publications
       0 of 15 answered – insurance or hospital network
       1 of 15 answered – call myself

NJCHL  292 Bloomfield Avenue  Montclair, NJ 07042  |  973-746-6191  |  mail@afih.net