iDentistry The Journal identistry_jan_april2019 | Page 14

The Journal costs, competition, services, categorization, season, weather, instinct and a combination of a few or all of the above. Believe me, it is difficult to tell, how to set the right price, but it is easier to tell how not to set your price or which mistakes, we commit and are not to be committed. We got to realize our own worth ourselves while pricing any particular service or while introducing a new product line. India is a vast country with huge demographic variation and different strata of population and furthermore, each dentist having specific target group of population as their patients and as they say, one size of shoe doesn’t fit all, one price for a particular job doesn’t suit all the dentists from different areas of the same city or different cities. They say that Love is more important than money, but have you ever tried paying bills with hugs? ~ Unknown 11. Always use an approach of empathy with your patients: Try to understand who you are marketing to and what their needs and constraints are. You will end up building a better offering through a stronger product roadmap and you will have more success when you are pitching for an expensive product like an Implant or a Metal Free Crown. The practice of empathy is often confused with sympathy. Where, Sympathy is an expression of one’s own feelings like ‘I am sorry’; Empathy is the demonstration of an understanding patient’s feelings like ‘You must be very sad’. Misuse or confusion in using these above two vital phenomenons coupled with the time constraints in OPD care in today’s times are big obstacles in getting the type of dignity and respect that are vital foundation stones for achieving results of higher degree of patient satisfaction. Like a drug, we always seek higher and a higher high in patient satisfaction as this is paramount in transforming the same into quick bucks always. People will forget what you said; people will forget what you did but people will never forget how you made them feel ~ Maya Angelou 14 12. Dif 12. Differentiate or Die: Marketing Strategy Guru, Jack Trout once said "differentiate or die." That doesn't necessarily mean bashing the competition. It means knowing your relative strengths and weaknesses and positioning your services accordingly. The best would be a SWOT Analysis (Strength, Weakness, Opportunity and Threat analysis) especially from your clinic point of view. > Strengths: characteristics of your clinic/setup that give it an advantage over others > Weaknesses: characteristics of your clinic that place your clinic/setup at a disadvantage relative to others > Opportunities: elements in the environment that your clinic/setup could exploit to its advantage > Threats: elements in the environment that could cause trouble for your clinic/setup Differentiate with value or die with price ~ Jeffrey Gitomer 13. Involve them and they will understand: Confucius once said "Tell me and I'll forget Show me and I'll remember Involve me and I'll understand” Engaging patients in treatment decisions can lead to beneficial outcomes. Patients who are active participants in a shared decision-making process have a better knowledge of treatment options and more realistic perceptions of likely treatment effects. The resulting treatment choices are more likely to concur with their preferences and attitudes to risk. They are also more likely to adhere to treatment recommendations and more likely to select expensive procedures. 14. Have a website – build your online presence: A website serves as a very good tool and is paramount for any start-up. I would recommend a responsive (dynamic) website; compatible with all digital devices, Vol. 15 No. 1 Jan-April 2019