money makers in your practice
money makers in your practice
There are 5 essential money-making operations that occur in ANY successful plastic surgery practice.
If you miss any of these 5 key elements, you’re leaving a lot of money on the table – often several HUNDREDS of thousands of dollars.
However, the reality is that most practices focus on ONE area only (instead of all five) and that is hurting them, and they don’t realize it.
I guarantee if you focus your time and energy on these five areas, you will attract more patients, perform more procedures, and make more money….. all with less effort.
Here are the 5 key areas to focus on to win:
Think about it. Don’t a majority of your surgeries come from word of mouth referrals and from existing patients coming back for more?
So, the biggest problem holding you back is your narrow focus on “getting more leads”. You might
be throwing a ton of money at SEO, Google AdWords, social advertising and directories OR you’re spending a ton of time creating content for your Instagram and Facebook followers.
Yes, it’s exciting to get lots of leads and comments but here’s the kicker…Leads are only one part of the new lead process.
These leads need to be converted because if you can’t monetize these leads, then you’re throwing money down the drain.
However, if you KNOW how to monetize the leads through the other 4 key elements mentioned
above, then you can run circles around your competitors and even CRUSH them.
Here’s an example:
Let’s compare: Your competitor made $1,000 on a $1,000 investment, and you made $5,500 on a $1,000 investment.
So, what do you think your competitor is doing next? Probably “testing” PPC for a few more months, getting increasingly frustrated that he’s not making money and then moving on to another marketing strategy that sounds interesting.
A Complete Guide to Understanding Your Aesthetic Patient and Growing Your Aesthetic Practice. Catherine Maley, MBA went straight to the aesthetic patient to get the answers you need to succeed with your patients.
And what will YOU do? Since you’re making $5.50 on each $1 that you spend on PPC, you will spend as much money as possible, constantly tracking your results to ensure that you’re getting the same return on your investment and within a few months, you will DOMINATE your zip code while your competitors are still fiddling around with the next shiny object strategy that comes their way.
Do you see how focusing on a plan that includes all 5 money-making operations makes all the difference in your revenues?
Before you write off a certain marketing strategy, look carefully at your results and back-end processes to determine where the breakdown is since there’s a chance it’s not what you think.
If not, what is that costing us?
Attracting new cosmetic patients online has become a big expensive challenge for surgeons like yourself so it’s time to fight back by having your operations in tip-top shape as diagramed above.
Let’s do a 30-minute Free Strategy Call to see where your gaps are and the fastest way to fix them.
You are under no obligation to buy anything or take my advice (although other surgeons find me extremely resourceful)
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