It’s common knowledge in any industry that word-of-mouth referrals from your customers (or in this case, patients) to their friends, colleagues, and families is the most cost-effective and productive way to create more business. But how do you persuade your existing patients to tell other people about your dental practice? And what other things can you do to increase your patient roster?
When it comes to what’s known as “referral marketing” – a time-honored tactic almost every type of business uses – there are no greater economic or impactful ways to grow your practice.
Thanks in part to the continued evolution of the social web, and in addition to patient recommendations and referrals via social media, online dental office reviews do drive measureable results. In fact, and according to Nielsen’s annual “Trust in Advertising” survey of how credible consumers regard various forms of advertising, 83% of the respondents stated they “completely or somewhat trust the recommendations of friends and family.” Interestingly, another 66% said they trust the opinions of other consumers that are posted online. Furthermore, a separate Harris Poll survey found across several industries that 92% of adult consumers aged 18 to 34 seek recommendations from friends and family when considering purchasing any product or service.
When you stop to consider it takes the average solo dentist between 24 to 50 new patients per month to achieve sustainable growth, and in light of the data above, establishing a patient referral bonus system makes a lot of sense.
At a cost of time and effort, here are five additional things you can do today to start generating more patient referrals:
Need professional assistance marketing your dental practice? We can help. Since 1993, Patient NEWS has specialized in representing, promoting, and marketing dental offices across the U.S. and Canada. Find out why thousands of dentists rely on our services. Call us now at 888-377-2404 or request a callback.
As Senior Vice President, Joanne has 25+ years of dental marketing and business development experience. She holds a Degree in Marketing Management/Strategic Marketing from York University and Advertising from Centennial College. She’s fired up about Patient NEWS and all the ways we can help dentists, DSOs and their teams STAND OUT & Grow!
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