How to Prepare When "Winter Is Coming"

Text 'bulletproof' to 345345 to stay in the know about our upcoming book release and the Bulletproof Summit on October 12-13th 2018 in Atlanta!   Bulletproof Dental Practice Podcast Episode 69 Hosts: Dr. Peter Boulden & Dr. Craig Spodak   Watch full video of the interview by clicking here!   Key Takeaways: A lot of general dentistry practices see a slump in the summertime. Kids are off school so parents focus more on their dental care. Boulden predicts what is done in March will predict business for April, May, and June. Cycles happen and they are normal. Oral surgeons tend to have busy months, so take advantage of those procedures. During downturns pay attention to pre-appointment rates. What % of your patients are leaving with another appointment scheduled? If you're in the 90% range you have an iconic practice. Pre-appointment rates have the highest correlated number for profitability and overall practice size. Have your providers with high pre-appointment rates train those who are lower on how they do it. Also look at your revenue per patient and work on growing that number. Focus on the # of visits, avg production per patient per visit, and profit rate. Only 11% of what can be maximized on dental insurance is being used. Marketing isn't print ads anymore; it's influencer marketing, spending on patients, social media, etc. Focus your dollars on where people's attention is. Today it takes about 20 impressions of an ad before people choose to act. Influencer marketing is currently very low-priced attention. Authentic testimonial videos are GOLD. Videos don't have to be super-well produced. People respect unpolished testimonials and often weight them as more authentic. Find a dental advocate who wants success for you. Bounce your ideas off them and share tips and tricks.   References: Dental Intel Tribute Spodak Jeff's Reaction   Tweetables: Use pain as a motivator. – Dr. Craig Spodak You get what you focus on. – Dr. Peter Boulden Influence is the difference. – Dr. Craig Spodak

There are no comments yet.

Please log in to write the first comment.