Maximizing Your Practice’s Profitability with Digital Marketing

by | Feb 8, 2023 | Administration, Marketing

As an optometrist, you’re dedicated to providing high-quality eye care to patients. But as you’re aware, running a successful optometry practice requires more than just excellent clinical skills. You also need to market your practice effectively to attract new patients and keep existing ones coming back. And of course, you still have to be profitable.

Juggling these priorities is especially critical during situations where there’s a capped revenue per patient. You need to ensure that:

  1. You’re seeing the greatest number of patients that your schedule allows;
  2. Your cost per acquisition for new patients is as low as possible; and
  3. You’re maximizing your revenue per patient from services and optical sales.

And it can all be done with your digital marketing.

The Importance of ROI in Optometry Marketing

So how do you reach more patients with a better ROI? And how do you motivate them to buy more of your optical? By speaking to the needs of your patients (and prospective patients) in your digital marketing. In order to do so, you need to reach them with this unique message when and where they’re most likely to see it. This hasn’t always been done well.

In the past, most marketing activities cast a pretty wide net. When you required new patients, it might have involved calling out your services on your road sign, a newspaper ad, or a bus bench display. These ads were reasonably effective in letting those who saw them know about your practice. You just had to hope they were looking for an optometrist.

The ROI from such advertising was usually difficult to discern. There was little you could do to track sales form the advertisement, unless by chance a patient mentioned seeing it. That’s because the targeting (who’s seeing the ads) on that type of traditional marketing was too broad.

Smarter Targeting for a Better ROI with Digital Marketing

In contrast, the best way to reach patients when and where they’ll be motivated by your marketing is by using comprehensive multi-channel campaigns. These campaigns typically involve a similar message shared through multiple marketing activities which include email, social media, blogs, search engine optimization (SEO), and in-practice signage.

When done properly, these campaigns do the trick of speaking to your patients’ and local prospects’ needs when and where they’re looking for it—ideally when they’re deep in their ‘sales journey’ and ready to visit your practice. At the very least, this approach focuses your targeting to improve your ROI and lower your cost per acquisition.

Are they seniors who are visiting your website? They’ll know your services, availability and exactly how you’ll help them. Is a younger demographic following you on social media? You’ll be able to remind them of your promos when they’re looking at cat photos. Are they searching for help on Google? They’ll find your site sooner on Google—when they’re ready to book an appointment—thanks to your SEO-optimized website and blogs.

PPC: The Cheat Code for Targeting

If SEO is the unsung hero of ROI-centric search engine marketing, then Pay Per Click (PPC) advertising is the cheat code for racing to the top of Google search results. Note: Google is not a search engine, they’re a marketing company. With a small ad-budget, you can create a targeted Google AdWords PPC campaign that successfully reaches people in your local area who are searching for optometry services.

When considering ROI, AdWords are amongst the most cost effective and best performing advertising you can buy. PPC allows you to target specific demographics and geographic areas, effectively reaching the people who are most likely to become your patients.

This is especially true if your practice’s stage of growth has expanded to include specialty patients with conditions like Dry Eye. Besides opening the door to new patient revenue and referral opportunities, servicing specialty patients like Dry Eye gives you the opportunity to set up an ad campaign that includes keywords related to Dry Eye to motivate all locals within a geographic range who are searching for help with the condition. The same goes for practices that focus on optical—running ads for your brands and targeting locals that are searching for them are an easy way to sell more frames.

Increase Profitability with Your Website Alone

The profitability improvements you can achieve from your digital marketing don’t just have to rely on a comprehensive plan. Here’s five things you can do with your website alone to improve practice processes and increase ROI:

  1. Answer patient questions on your website before they have to ask. Your top pages shouldn’t leave your services ambiguous to visitors. Answering questions about their condition or your treatment may help in removing any hesitation or uncertainty to booking an appointment—and could save your staff a phone call too.
  2. Put your forms on your website. The more patients can do on your site before their appointment, the more efficient your staff can be during their appointment.
  3. Use a real-time scheduler. Allowing patients to book how and when they would like means your website can be an appointment booking machine 24/7.
  4. Remind patients of their appointment. Every missed appointment is lost revenue, so sending an email or text to patients before their exam helps retain the booking.
  5. Ask for Google Reviews (and display them if you can.) Asking for reviews shows patients that you care, displaying great reviews builds trust, and having great reviews will improve SEO, helping you get found sooner on Google.

Tracking and Improving Your Digital Marketing Results

The last part of any high-performing marketing plan is measuring the results of your digital campaigns. This is crucial to ensure that you’re getting the best return on investment. Luckily, all the marketing activities we’ve talked about here are trackable, especially in comparison to traditional marketing. You can easily track website visitors, phone calls, social media interactions, impressions from ads, clicks from ads, and most importantly, booked appointments.

By tracking your results, you get the data to see what’s working and what isn’t so you can make adjustments as needed to improve your results. If tracked properly, you will be able to see how full your schedule is from your marketing efforts, your cost-per-acquisition of new patients and how promos and ads for your optical have influenced sales.

Want to know exactly how EyeCarePro makes your ROI a priority? Download Our FREE Strategic Marketing Plan E-Book Today.


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