SlideShare a Scribd company logo
1 of 1
Download to read offline
TODAY’S PRACTICE



       Marketing Mishaps

    The Market Has Moved
           In order to ensure that LASIK becomes a fixture and not a fad, surgeons
                    must bring “high touch” into balance with “high tech.”

                                                    BY SHAREEF MAHDAVI




   M
                   any refractive surgeons I encounter are            ing too hard on the laurels of the technology and are
                   befuddled by the market’s lack of growth           largely failing when it comes to the “high-touch” part of
                   in procedural volumes over the past sever-         the equation. In refractive surgery, high touch connotes all
                   al years. Having recently moved across             the human interaction that makes the “high tech” less
   town to a new house, I find myself in a daze that I think          intimidating. These interactions begin with that first tele-
   is similar to the confusion these surgeons feel. The day-          phone inquiry and extend well past the surgery. Within
   to-day activities are the same, but I’m starting from a            this window, there is a significant number of opportuni-
   different location, which can be unsettling. I think of the        ties to exhibit “high-touch” behavior toward the patient.
   current refractive surgery marketplace in the same way.
   With 2 consecutive down years now behind us, it’s clear            RESET EXPECTATIONS
   that the refractive market has moved to a new address.                 How does one go about increasing the level of “high
                                                                      touch?” It all begins with belief. You must believe that
   LASIK’S NEW ADDRESS                                                refractive surgery is indeed a fixture and not a fad. Fixtures
      Much of the frustration and disappointment over                 take longer to develop and endure beyond fads. In some
   lower procedural volumes felt over the past few years sim-         respects, the early, rocket-like growth in LASIK procedures
   ply relates to expectations about where they should be.            made it easy to believe that the industry was entitled to
   We wanted them to soar, but the market dictated other-             automatic growth. To the contrary, the development of a
   wise; sagging consumer confidence, 3 years of bears roam-          great market (ie, mass market) for LASIK will take years of
   ing the stock market, and negative publicity are some of           effort. It’s off to a good start, but I think refractive sur-
   the environmental factors working against procedural               geons and providers need to press the reset button on
   growth. The question on the minds of many surgeons is:             their expectations about market demand for procedures.
   “When will things turn around?” Part of the answer lies in         It’s easier to do so once you realize that the market has
   your response to the following question: Is refractive sur-        shifted to a new address. Things are different. Some
   gery a fixture, or is it simply a fad? This is an important dis-   aspects have improved, yet some are less convenient.
   tinction, because your answer dictates your attitude and               Although you can do very little to change the external
   approach toward your refractive offering.                          environmental factors mentioned earlier, you have all the
                                                                      power and control to affect the internal mechanisms that
   HIGH TECH, HIGH TOUCH                                              influence the decisions made by patients. Focus more on
      In the best-selling book Megatrends, author John                the “high touch,” and you’ll notice it’s coming into balance
   Naisbitt predicts that producers whose offerings can be            with the well-established “high-tech” aspects of refractive
   described as “high tech, high touch” will do very well in          surgery. ■
   the marketplace. His point is that, when technology is
   forced on us, it is often difficult to use and can even be            Each month, industry veteran Shareef Mahdavi looks at a
   detrimental to society. When a strong human component              different topic relating to the business of refractive surgery
   serves to “filter” a technology into use, however, its adop-       and explores how mistakes from the past can be used by all
   tion is much greater.                                              providers for effective marketing. He provides marketing
      How does this concept apply to LASIK? Clearly, LASIK            counsel to medical manufacturers as well as individual
   employs advanced technology, bringing relief and free-             physicians and is based in Pleasanton, California. Mr.
   dom to some 6 million patients who were unwilling to               Mahdavi may be reached at (925) 425-9963;
   accept the risks of RK or ALK. But, I think we’ve been rest-       Shareef@sm2consulting.com.

56 I CATARACT & REFRACTIVE SURGERY TODAY I FEBRUARY 2003

More Related Content

More from SM2 Strategic

Using real time feedback during cataract surgery to improve refractive outcom...
Using real time feedback during cataract surgery to improve refractive outcom...Using real time feedback during cataract surgery to improve refractive outcom...
Using real time feedback during cataract surgery to improve refractive outcom...
SM2 Strategic
 
Turn your practice inside out
Turn your practice inside outTurn your practice inside out
Turn your practice inside out
SM2 Strategic
 
Top 10 marketing mistakes by refractive surgeons
Top 10 marketing mistakes by refractive surgeonsTop 10 marketing mistakes by refractive surgeons
Top 10 marketing mistakes by refractive surgeons
SM2 Strategic
 
Tipping the market in your favor
Tipping the market in your favorTipping the market in your favor
Tipping the market in your favor
SM2 Strategic
 
The whoops factor why refractive surgeons need to take a much closer look at ...
The whoops factor why refractive surgeons need to take a much closer look at ...The whoops factor why refractive surgeons need to take a much closer look at ...
The whoops factor why refractive surgeons need to take a much closer look at ...
SM2 Strategic
 
The secret to success at starbucks
The secret to success at starbucksThe secret to success at starbucks
The secret to success at starbucks
SM2 Strategic
 
The purpose of advertising
The purpose of advertisingThe purpose of advertising
The purpose of advertising
SM2 Strategic
 
The marketing challenges of customized ablation
The marketing challenges of customized ablationThe marketing challenges of customized ablation
The marketing challenges of customized ablation
SM2 Strategic
 
The iol master and its role in modern cataract surgery
The iol master and its role in modern cataract surgeryThe iol master and its role in modern cataract surgery
The iol master and its role in modern cataract surgery
SM2 Strategic
 
The experience is the marketing
The experience is the marketingThe experience is the marketing
The experience is the marketing
SM2 Strategic
 
The art of customer service
The art of customer serviceThe art of customer service
The art of customer service
SM2 Strategic
 
Telephone improvement project–year 2 ongoing assessment of refractive surgery...
Telephone improvement project–year 2 ongoing assessment of refractive surgery...Telephone improvement project–year 2 ongoing assessment of refractive surgery...
Telephone improvement project–year 2 ongoing assessment of refractive surgery...
SM2 Strategic
 
Telephone improvement project a skills assessment of refractive surgery provi...
Telephone improvement project a skills assessment of refractive surgery provi...Telephone improvement project a skills assessment of refractive surgery provi...
Telephone improvement project a skills assessment of refractive surgery provi...
SM2 Strategic
 
Team building for success
Team building for successTeam building for success
Team building for success
SM2 Strategic
 
Retail pricing in refractive surgery part iii
Retail pricing in refractive surgery part iiiRetail pricing in refractive surgery part iii
Retail pricing in refractive surgery part iii
SM2 Strategic
 
Retail pricing in refractive surgery part ii
Retail pricing in refractive surgery part iiRetail pricing in refractive surgery part ii
Retail pricing in refractive surgery part ii
SM2 Strategic
 

More from SM2 Strategic (20)

Using real time feedback during cataract surgery to improve refractive outcom...
Using real time feedback during cataract surgery to improve refractive outcom...Using real time feedback during cataract surgery to improve refractive outcom...
Using real time feedback during cataract surgery to improve refractive outcom...
 
Turn your practice inside out
Turn your practice inside outTurn your practice inside out
Turn your practice inside out
 
Top 10 marketing mistakes by refractive surgeons
Top 10 marketing mistakes by refractive surgeonsTop 10 marketing mistakes by refractive surgeons
Top 10 marketing mistakes by refractive surgeons
 
Tipping the market in your favor
Tipping the market in your favorTipping the market in your favor
Tipping the market in your favor
 
The wii and mii
The wii and miiThe wii and mii
The wii and mii
 
The whoops factor why refractive surgeons need to take a much closer look at ...
The whoops factor why refractive surgeons need to take a much closer look at ...The whoops factor why refractive surgeons need to take a much closer look at ...
The whoops factor why refractive surgeons need to take a much closer look at ...
 
The secret to success at starbucks
The secret to success at starbucksThe secret to success at starbucks
The secret to success at starbucks
 
The purpose of advertising
The purpose of advertisingThe purpose of advertising
The purpose of advertising
 
The marketing challenges of customized ablation
The marketing challenges of customized ablationThe marketing challenges of customized ablation
The marketing challenges of customized ablation
 
The lasik farmer
The lasik farmerThe lasik farmer
The lasik farmer
 
The iol master and its role in modern cataract surgery
The iol master and its role in modern cataract surgeryThe iol master and its role in modern cataract surgery
The iol master and its role in modern cataract surgery
 
The experience is the marketing
The experience is the marketingThe experience is the marketing
The experience is the marketing
 
The buck stops here
The buck stops hereThe buck stops here
The buck stops here
 
The art of customer service
The art of customer serviceThe art of customer service
The art of customer service
 
Telephone improvement project–year 2 ongoing assessment of refractive surgery...
Telephone improvement project–year 2 ongoing assessment of refractive surgery...Telephone improvement project–year 2 ongoing assessment of refractive surgery...
Telephone improvement project–year 2 ongoing assessment of refractive surgery...
 
Telephone improvement project a skills assessment of refractive surgery provi...
Telephone improvement project a skills assessment of refractive surgery provi...Telephone improvement project a skills assessment of refractive surgery provi...
Telephone improvement project a skills assessment of refractive surgery provi...
 
Team building for success
Team building for successTeam building for success
Team building for success
 
Stop the insanity
Stop the insanityStop the insanity
Stop the insanity
 
Retail pricing in refractive surgery part iii
Retail pricing in refractive surgery part iiiRetail pricing in refractive surgery part iii
Retail pricing in refractive surgery part iii
 
Retail pricing in refractive surgery part ii
Retail pricing in refractive surgery part iiRetail pricing in refractive surgery part ii
Retail pricing in refractive surgery part ii
 

Recently uploaded

College Call Girls in Haridwar 9667172968 Short 4000 Night 10000 Best call gi...
College Call Girls in Haridwar 9667172968 Short 4000 Night 10000 Best call gi...College Call Girls in Haridwar 9667172968 Short 4000 Night 10000 Best call gi...
College Call Girls in Haridwar 9667172968 Short 4000 Night 10000 Best call gi...
perfect solution
 

Recently uploaded (20)

Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...
Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...
Premium Bangalore Call Girls Jigani Dail 6378878445 Escort Service For Hot Ma...
 
(Rocky) Jaipur Call Girl - 09521753030 Escorts Service 50% Off with Cash ON D...
(Rocky) Jaipur Call Girl - 09521753030 Escorts Service 50% Off with Cash ON D...(Rocky) Jaipur Call Girl - 09521753030 Escorts Service 50% Off with Cash ON D...
(Rocky) Jaipur Call Girl - 09521753030 Escorts Service 50% Off with Cash ON D...
 
VIP Service Call Girls Sindhi Colony 📳 7877925207 For 18+ VIP Call Girl At Th...
VIP Service Call Girls Sindhi Colony 📳 7877925207 For 18+ VIP Call Girl At Th...VIP Service Call Girls Sindhi Colony 📳 7877925207 For 18+ VIP Call Girl At Th...
VIP Service Call Girls Sindhi Colony 📳 7877925207 For 18+ VIP Call Girl At Th...
 
Best Rate (Guwahati ) Call Girls Guwahati ⟟ 8617370543 ⟟ High Class Call Girl...
Best Rate (Guwahati ) Call Girls Guwahati ⟟ 8617370543 ⟟ High Class Call Girl...Best Rate (Guwahati ) Call Girls Guwahati ⟟ 8617370543 ⟟ High Class Call Girl...
Best Rate (Guwahati ) Call Girls Guwahati ⟟ 8617370543 ⟟ High Class Call Girl...
 
Top Rated Bangalore Call Girls Richmond Circle ⟟ 9332606886 ⟟ Call Me For Ge...
Top Rated Bangalore Call Girls Richmond Circle ⟟  9332606886 ⟟ Call Me For Ge...Top Rated Bangalore Call Girls Richmond Circle ⟟  9332606886 ⟟ Call Me For Ge...
Top Rated Bangalore Call Girls Richmond Circle ⟟ 9332606886 ⟟ Call Me For Ge...
 
College Call Girls in Haridwar 9667172968 Short 4000 Night 10000 Best call gi...
College Call Girls in Haridwar 9667172968 Short 4000 Night 10000 Best call gi...College Call Girls in Haridwar 9667172968 Short 4000 Night 10000 Best call gi...
College Call Girls in Haridwar 9667172968 Short 4000 Night 10000 Best call gi...
 
VIP Call Girls Indore Kirti 💚😋 9256729539 🚀 Indore Escorts
VIP Call Girls Indore Kirti 💚😋  9256729539 🚀 Indore EscortsVIP Call Girls Indore Kirti 💚😋  9256729539 🚀 Indore Escorts
VIP Call Girls Indore Kirti 💚😋 9256729539 🚀 Indore Escorts
 
Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...
Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...
Night 7k to 12k Navi Mumbai Call Girl Photo 👉 BOOK NOW 9833363713 👈 ♀️ night ...
 
Pondicherry Call Girls Book Now 9630942363 Top Class Pondicherry Escort Servi...
Pondicherry Call Girls Book Now 9630942363 Top Class Pondicherry Escort Servi...Pondicherry Call Girls Book Now 9630942363 Top Class Pondicherry Escort Servi...
Pondicherry Call Girls Book Now 9630942363 Top Class Pondicherry Escort Servi...
 
VIP Hyderabad Call Girls Bahadurpally 7877925207 ₹5000 To 25K With AC Room 💚😋
VIP Hyderabad Call Girls Bahadurpally 7877925207 ₹5000 To 25K With AC Room 💚😋VIP Hyderabad Call Girls Bahadurpally 7877925207 ₹5000 To 25K With AC Room 💚😋
VIP Hyderabad Call Girls Bahadurpally 7877925207 ₹5000 To 25K With AC Room 💚😋
 
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
Night 7k to 12k Chennai City Center Call Girls 👉👉 7427069034⭐⭐ 100% Genuine E...
 
♛VVIP Hyderabad Call Girls Chintalkunta🖕7001035870🖕Riya Kappor Top Call Girl ...
♛VVIP Hyderabad Call Girls Chintalkunta🖕7001035870🖕Riya Kappor Top Call Girl ...♛VVIP Hyderabad Call Girls Chintalkunta🖕7001035870🖕Riya Kappor Top Call Girl ...
♛VVIP Hyderabad Call Girls Chintalkunta🖕7001035870🖕Riya Kappor Top Call Girl ...
 
Top Rated Bangalore Call Girls Ramamurthy Nagar ⟟ 9332606886 ⟟ Call Me For G...
Top Rated Bangalore Call Girls Ramamurthy Nagar ⟟  9332606886 ⟟ Call Me For G...Top Rated Bangalore Call Girls Ramamurthy Nagar ⟟  9332606886 ⟟ Call Me For G...
Top Rated Bangalore Call Girls Ramamurthy Nagar ⟟ 9332606886 ⟟ Call Me For G...
 
Call Girls Faridabad Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Faridabad Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Faridabad Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Faridabad Just Call 9907093804 Top Class Call Girl Service Available
 
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Coimbatore Just Call 9907093804 Top Class Call Girl Service Available
 
Call Girls Varanasi Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Varanasi Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Varanasi Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Varanasi Just Call 9907093804 Top Class Call Girl Service Available
 
(Low Rate RASHMI ) Rate Of Call Girls Jaipur ❣ 8445551418 ❣ Elite Models & Ce...
(Low Rate RASHMI ) Rate Of Call Girls Jaipur ❣ 8445551418 ❣ Elite Models & Ce...(Low Rate RASHMI ) Rate Of Call Girls Jaipur ❣ 8445551418 ❣ Elite Models & Ce...
(Low Rate RASHMI ) Rate Of Call Girls Jaipur ❣ 8445551418 ❣ Elite Models & Ce...
 
(👑VVIP ISHAAN ) Russian Call Girls Service Navi Mumbai🖕9920874524🖕Independent...
(👑VVIP ISHAAN ) Russian Call Girls Service Navi Mumbai🖕9920874524🖕Independent...(👑VVIP ISHAAN ) Russian Call Girls Service Navi Mumbai🖕9920874524🖕Independent...
(👑VVIP ISHAAN ) Russian Call Girls Service Navi Mumbai🖕9920874524🖕Independent...
 
Top Quality Call Girl Service Kalyanpur 6378878445 Available Call Girls Any Time
Top Quality Call Girl Service Kalyanpur 6378878445 Available Call Girls Any TimeTop Quality Call Girl Service Kalyanpur 6378878445 Available Call Girls Any Time
Top Quality Call Girl Service Kalyanpur 6378878445 Available Call Girls Any Time
 
Call Girls Bareilly Just Call 8250077686 Top Class Call Girl Service Available
Call Girls Bareilly Just Call 8250077686 Top Class Call Girl Service AvailableCall Girls Bareilly Just Call 8250077686 Top Class Call Girl Service Available
Call Girls Bareilly Just Call 8250077686 Top Class Call Girl Service Available
 

The market has moved

  • 1. TODAY’S PRACTICE Marketing Mishaps The Market Has Moved In order to ensure that LASIK becomes a fixture and not a fad, surgeons must bring “high touch” into balance with “high tech.” BY SHAREEF MAHDAVI M any refractive surgeons I encounter are ing too hard on the laurels of the technology and are befuddled by the market’s lack of growth largely failing when it comes to the “high-touch” part of in procedural volumes over the past sever- the equation. In refractive surgery, high touch connotes all al years. Having recently moved across the human interaction that makes the “high tech” less town to a new house, I find myself in a daze that I think intimidating. These interactions begin with that first tele- is similar to the confusion these surgeons feel. The day- phone inquiry and extend well past the surgery. Within to-day activities are the same, but I’m starting from a this window, there is a significant number of opportuni- different location, which can be unsettling. I think of the ties to exhibit “high-touch” behavior toward the patient. current refractive surgery marketplace in the same way. With 2 consecutive down years now behind us, it’s clear RESET EXPECTATIONS that the refractive market has moved to a new address. How does one go about increasing the level of “high touch?” It all begins with belief. You must believe that LASIK’S NEW ADDRESS refractive surgery is indeed a fixture and not a fad. Fixtures Much of the frustration and disappointment over take longer to develop and endure beyond fads. In some lower procedural volumes felt over the past few years sim- respects, the early, rocket-like growth in LASIK procedures ply relates to expectations about where they should be. made it easy to believe that the industry was entitled to We wanted them to soar, but the market dictated other- automatic growth. To the contrary, the development of a wise; sagging consumer confidence, 3 years of bears roam- great market (ie, mass market) for LASIK will take years of ing the stock market, and negative publicity are some of effort. It’s off to a good start, but I think refractive sur- the environmental factors working against procedural geons and providers need to press the reset button on growth. The question on the minds of many surgeons is: their expectations about market demand for procedures. “When will things turn around?” Part of the answer lies in It’s easier to do so once you realize that the market has your response to the following question: Is refractive sur- shifted to a new address. Things are different. Some gery a fixture, or is it simply a fad? This is an important dis- aspects have improved, yet some are less convenient. tinction, because your answer dictates your attitude and Although you can do very little to change the external approach toward your refractive offering. environmental factors mentioned earlier, you have all the power and control to affect the internal mechanisms that HIGH TECH, HIGH TOUCH influence the decisions made by patients. Focus more on In the best-selling book Megatrends, author John the “high touch,” and you’ll notice it’s coming into balance Naisbitt predicts that producers whose offerings can be with the well-established “high-tech” aspects of refractive described as “high tech, high touch” will do very well in surgery. ■ the marketplace. His point is that, when technology is forced on us, it is often difficult to use and can even be Each month, industry veteran Shareef Mahdavi looks at a detrimental to society. When a strong human component different topic relating to the business of refractive surgery serves to “filter” a technology into use, however, its adop- and explores how mistakes from the past can be used by all tion is much greater. providers for effective marketing. He provides marketing How does this concept apply to LASIK? Clearly, LASIK counsel to medical manufacturers as well as individual employs advanced technology, bringing relief and free- physicians and is based in Pleasanton, California. Mr. dom to some 6 million patients who were unwilling to Mahdavi may be reached at (925) 425-9963; accept the risks of RK or ALK. But, I think we’ve been rest- Shareef@sm2consulting.com. 56 I CATARACT & REFRACTIVE SURGERY TODAY I FEBRUARY 2003