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Assessing the Patient Mindset in 2015
What are Your Cataract
Patients Thinking?
Ophthalmology consulting
and marketing since 2001
Brandi Musgrave
Business Development Manager
Fast Track Marketing
Welcome
Assessing the Cataract Patient Mindset
1 Analyzing the cataract industry
2 Understanding your audience
3 Targeted approach to market, educate and see
{ }1 Section 1
Assessing the Cataract Industry
Assessing
the Patient
Mindset
Analyzing the Cataract Industry
The average cataract patient
• Fixed Income
• Use a walker
• Pulling an oxygen tank
• Retired
• Healthy lifestyle
• Active in life (sports, kids, etc)
Who is Affected With Cataracts?
o 20.5 Million Aged 40 or over
o 50% Aged 80 or over have cataracts
o 3 Million every year have surgery
• 20% aged 65 or older by 2030
• 70,000,000 people
Soon to be Booming Cataract Industry
Reaching the Audience
{ }2 Section 2
Understand Your Audience
Two Segments of Cataract Patients
1 Know they have cataracts
2 Know their vision isn’t good but don’t know why
• 65-80 year olds
• Been diagnosed with cataracts
• Need educated on options
Segment 1:
Know They Have Cataracts
• 45-65 year olds
• ‘Settle’ for reading glasses because they
don’t know options
• 80% would be willing to pay for upgrades
Segment 2:
Know Their Vision Isn’t Good
but Don’t Know Why
Lifestyle Trends
Know what they want
Will pay for better results
{ }3 Section 3
Targeted Approach
Targeting your cataract patients
1 Marketing
2 Educating
3 Seeing
Marketing to the
Cataract Aged Population
• Small digital base
• Larger will appeal to Traditional Ads
• 40% of Baby Boomers claim to still listen to talk
radio either daily or at least several times a week
• 66% also read the newspaper daily!
Reaching Segment 1: 65-80 Year Olds
• Internet Friendly
• Will respond to both Internet and
Traditional Ads
Reaching Segment 2: 45-65 Year Olds
Baby Boomers: 55-70 Year Olds
• Headlines that appeal to
everyone over the age of
50
• Elaborate on technology
benefits, experience,
value
Only generation with a
foot in both
old and new media
• 70% go online to read news
• 93% regularly research
products online before
purchasing them
Body Copy:
• Can be read in 45-50 seconds
• Focus on symptoms everyone can
relate to
Calls To Action
Self Evaluations
Consultations/Evaluations
Phone Consultations
Segment 1: 65-80 Year Olds
Create ads that are geared towards the procedure
• All-Laser Cataract surgery now available
• Promote the benefits of having cataract surgery done
at your office
• Insurance coverage
• Segment 1 will relate to Segment 1 & 2 messaging
• Segment 2 will only relate to Segment 2 messaging
Mixed Messaging
Educating the
Cataract Aged Population
A Need to be Educated
• Don’t know what they don’t know
• Need to educate
• Procedure
• Premium Lens
• Laser Cataract Surgery
• Surgery
• Recovery
• Expectations
Start the Education Early
• Send materials to patients prior to exam
• Educational emails talking about options
What Do They Ultimately Want?
Think in Your Prospect’s Mindset
Seeing the
Cataract Aged Population
Consultative Selling
The Cataract Exam
• Pre consultative Q & A session
• Exam
• Surgery Scheduling
Pre Consultative Q & A
• Reviewing what will happen during exam
• Addressing any questions
• Discussing benefits of procedure, lens or laser
upgrades, etc.
• Find out when they would like to have the procedure
if deemed a candidate
The Exam
• Perform any tests needed to
determine candidacy
• Most questions should have
already been answered
• Less time needed by doctor
Surgery Scheduling
• Doctor should have selected appropriate lens
• Discuss final questions, concerns, advantages of surgery, etc.
• Confirm surgery date and lens choice
• Set expectations of next step
Review
1 Average Cataract Mindset
2 2 Segments of Cataract Patients
3 Understand & Market to 2 Segments
THANK YOU
Brandi Musgrave
Fast Track Marketing
fast-trackmarketing.com

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What are your cataract patients thinking: 2 Types of Patients

  • 1. Assessing the Patient Mindset in 2015 What are Your Cataract Patients Thinking?
  • 2. Ophthalmology consulting and marketing since 2001 Brandi Musgrave Business Development Manager Fast Track Marketing Welcome
  • 3. Assessing the Cataract Patient Mindset 1 Analyzing the cataract industry 2 Understanding your audience 3 Targeted approach to market, educate and see
  • 4. { }1 Section 1 Assessing the Cataract Industry
  • 6. Analyzing the Cataract Industry The average cataract patient • Fixed Income • Use a walker • Pulling an oxygen tank • Retired • Healthy lifestyle • Active in life (sports, kids, etc)
  • 7. Who is Affected With Cataracts? o 20.5 Million Aged 40 or over o 50% Aged 80 or over have cataracts o 3 Million every year have surgery
  • 8. • 20% aged 65 or older by 2030 • 70,000,000 people Soon to be Booming Cataract Industry
  • 10. { }2 Section 2 Understand Your Audience
  • 11. Two Segments of Cataract Patients 1 Know they have cataracts 2 Know their vision isn’t good but don’t know why
  • 12. • 65-80 year olds • Been diagnosed with cataracts • Need educated on options Segment 1: Know They Have Cataracts
  • 13. • 45-65 year olds • ‘Settle’ for reading glasses because they don’t know options • 80% would be willing to pay for upgrades Segment 2: Know Their Vision Isn’t Good but Don’t Know Why
  • 14. Lifestyle Trends Know what they want Will pay for better results
  • 15. { }3 Section 3 Targeted Approach
  • 16. Targeting your cataract patients 1 Marketing 2 Educating 3 Seeing
  • 17. Marketing to the Cataract Aged Population
  • 18. • Small digital base • Larger will appeal to Traditional Ads • 40% of Baby Boomers claim to still listen to talk radio either daily or at least several times a week • 66% also read the newspaper daily! Reaching Segment 1: 65-80 Year Olds
  • 19. • Internet Friendly • Will respond to both Internet and Traditional Ads Reaching Segment 2: 45-65 Year Olds
  • 20. Baby Boomers: 55-70 Year Olds • Headlines that appeal to everyone over the age of 50 • Elaborate on technology benefits, experience, value
  • 21. Only generation with a foot in both old and new media • 70% go online to read news • 93% regularly research products online before purchasing them
  • 22. Body Copy: • Can be read in 45-50 seconds • Focus on symptoms everyone can relate to
  • 23. Calls To Action Self Evaluations Consultations/Evaluations Phone Consultations
  • 24. Segment 1: 65-80 Year Olds Create ads that are geared towards the procedure • All-Laser Cataract surgery now available • Promote the benefits of having cataract surgery done at your office • Insurance coverage
  • 25. • Segment 1 will relate to Segment 1 & 2 messaging • Segment 2 will only relate to Segment 2 messaging Mixed Messaging
  • 26.
  • 28. A Need to be Educated • Don’t know what they don’t know • Need to educate • Procedure • Premium Lens • Laser Cataract Surgery • Surgery • Recovery • Expectations
  • 29. Start the Education Early • Send materials to patients prior to exam • Educational emails talking about options
  • 30. What Do They Ultimately Want?
  • 31. Think in Your Prospect’s Mindset
  • 34. The Cataract Exam • Pre consultative Q & A session • Exam • Surgery Scheduling
  • 35. Pre Consultative Q & A • Reviewing what will happen during exam • Addressing any questions • Discussing benefits of procedure, lens or laser upgrades, etc. • Find out when they would like to have the procedure if deemed a candidate
  • 36. The Exam • Perform any tests needed to determine candidacy • Most questions should have already been answered • Less time needed by doctor
  • 37. Surgery Scheduling • Doctor should have selected appropriate lens • Discuss final questions, concerns, advantages of surgery, etc. • Confirm surgery date and lens choice • Set expectations of next step
  • 38. Review 1 Average Cataract Mindset 2 2 Segments of Cataract Patients 3 Understand & Market to 2 Segments
  • 39. THANK YOU Brandi Musgrave Fast Track Marketing fast-trackmarketing.com

Editor's Notes

  1. *We had some great discussions today *This is your last and hopefully you are ready for an interactive role playing session.. Ha Ha *I’m joking. We won’t be doing any role playing today. But I will have a few questions as we go through that I’m hoping you can help answer. *But, let me start by introducing myself.
  2. *Cataract prospects and patients *How they think, investigate and purchase *Assessing the patient mindset is something I have done over the past 15 years.
  3. *Assessing each segment of the practice is essential for growth.
  4. *Analysis is deeper than surface level *History and current scene tell a story *Paints a picture of what is to come
  5. *In looking at your cataract patients and potential patients, it is essential to assess their mindset. *What they do day to day *What they read *Where they read it *Their spending habits
  6. *average cataract pt demographic has shifted dramatically in past 10 years *Used to be 70 yo and higher was the average
  7. *20 ½ million over age 40 have cataracts *70.2 million over the age of 50 (not necessarily with cataracts) *50% of Americans over 80 y.o. have developed them *3 million per year have the procedure *How many of those 3 million are you seeing? *If you haven’t figured out what makes them tick by now…what is going to bring them to your practice, it is time to do so.
  8. *Within next 15 years, will be hitting record numbers *70 million will be 65 or older by 2030 *The Baby Boomer generation makes up about one-third of the U.S. population but it controls three-fourths of the wealth. $2 trillion in annual buying power! *Better know how they think, more importantly, what factors into their buying decisions. *If you don’t someone else will!
  9. *How do you reach those people *What message do you give that resonates that your place is the place to have surgery
  10. *Good place to mention that all cataract patients can’t be shoved into one stereotype *Need to understand who they are, what they want
  11. *2 types of cataract patients *Those that know they have cataracts. Have a doctor who is already monitoring their cataract development. *Second larger group are those that are not happy with their vision due to refractive errors, presbyopia or both. *You can agree that these 2 segments are in fact different *Treated different from the onset, which is marketing to them
  12. *65-80 year olds-sometimes older *been to a doctor who diagnosed their vision problem *need to be educated on the options they have *need to understand that they have the OPTION to have something more than standard cataract surgery, to potentially have no glasses in their future *Now, before we get too in-depth about this segment, let’s look at the other, bigger, segment.
  13. *Segment 2: 45-65 year olds *Don’t have a clue that they have cataracts *They are walking around, day through day, feeling as if their vision just isn’t what it used to be. *Roughly 80% of these prospects would be willing to pay for ‘upgrades’ if they are properly informed on upsides. *It’s your job as a practice to educate them on options
  14. *Baby Boomers are coming into this age where they are starting to have issues with their vision. *Know what they want and will pay for it *Lifestyle trends that they have become accustomed to *They are willing to pay for things they want. *From a practice perspective, you want to ensure you are showing that you can help them achieve the lifestyle or vision that they are looking for.
  15. *To get the best results, do your research, strategize on how to get the results you want, then take a targeted approach. *Think about sports *If you are playing a major component, you study their moves, you strategize on how to beat them and then every move you make is targeted. *Same goes for your practice *In this case, we are targeting your cataract patients or future patients.
  16. *Now, we have talked about how there are 2 segments of cataract individuals and what sets them apart but we haven’t talked about how to reach each segment.
  17. *very loyal to brands, grew up in the branding age *Takes a ton of $$ to brand the practice, not to market *Incorporate branding and elective surgery marketing techniques *Great customer service, patient experience
  18. *Up to 70, studies have shown that people are very engaged in email and internet. *70+ individuals are more prone to print and TV, and talk radio. *More costly to practice *Must determine if this age group is one you want to increase *Example: most practices are wanting to increase cataract surgeries and the # of premium lens and/or laser assisted cataract surgery
  19. *very internet friendly *Women 55-65 is fastest growing segment on Facebook *Print and tv that appealed to Segment 1 will also appeal to Segment 2. *can also do a lot with internet advertising on Google and Facebook. *sample pay per click ad that would appeal to anyone who knows they have cataracts or someone with cloudy vision.
  20. *older segment that has a small section that are active online *they are a part of the Baby Boomer age group *you need to create ads to get their attention *headlines need to appeal to everyone over the age of 50 *Elaborate on all of the technology benefits, the experience you or your practice have, the value of having the procedure done at your practice.
  21. **Target Segment *Will want and pay for the upgrades you offer *only group out there that use both the old and new media. *70% of them go online to read the news *93% will go online to research the product or procedure before purchasing. *need to have adequate information on your website or a concise educational booklet they can access online
  22. *body of the ad shouldn’t take more than 50 seconds for someone to read or hear. *average individual, they are busy with work, and just life in general. *8 second attention span *relating to symptoms that everyone in this age group experience. *will relate to this and pay attention to what the next step is.
  23. *Next Steps for this prospect to take with your practice *Guide them to that next step.
  24. *for anyone over 70, create ads that are geared towards the cataract procedure *include the benefits of this procedure *What does it mean to the patient *why should they care about laser cataract surgery
  25. *Cross marketing *If you don’t know you have cataracts, you aren’t going to read the fine print about cataract procedures *If you do know you have cataracts, then anything written about cataract procedures will catch your attention
  26. *gives just enough information about the ‘great vision without lenses’ to make the prospect want to learn more
  27. All of those interested people or people coming in for a cataract evaluation, what are you doing to educate them?
  28. *They don’t know what they don’t know. What I mean is… *It is our job to educate your patients. On you, the procedure, their options, downtime, next steps, etc. *I think that sometimes we get so caught up in our day to day operations that we forget to look at all the details. *You may have put something in place years ago and it is still being used, simply because no one looks at the details. *Is all of your material relevant? Is it up to date? *Does it do justice to what you are trying to accomplish?
  29. *Many practices have found that it is beneficial to start that education early. *Send out educational material to people scheduled for an evaluation. *And for people who have just been diagnosed with cataracts, you could send out emails periodically with educational tidbits on them. *If you remember from previously, the younger cataract patients do their research so give them the right places to find the answers.
  30. *What do people want? *Well, for the most part, they are putting their trust in you to give them their sight back.
  31. *A step beyond that would be to say that they are looking at you to guide them to make the best decision *whether to have surgery *what lens *whether or not to do laser assisted.
  32. *There is more to the cataract evaluation or exam than just an eye exam.  *We all may think that the education is just for the educational materials but it goes into each of us.
  33. *Every single person in your practice is a sales person, whether they like it or not. *You are doing what we call Consultative Selling. *You are a trusted consultant to your patient, consulting them on a life changing decision.
  34. *Elements are the same, order may change *This flow has been beneficial for practices – Q&A, Exam, scheduling *putting a 70+ patient directly into an exam and talking to them about all of their options, without any prior education, is simply too much *when faced with too much information, they go with what they know.
  35. *If you set up your cataract evaluations the same as a refractive consultation, you will see your patients will be happier, less confused and your conversions for upgrades will go up. *first step is the pre consultative Q&A session *performed by the surgical counselor typically *You are setting the stage for them to make an informed decision.
  36. *normal testing in order to determine candidacy *in doing the Q&A session prior to the exam, it cuts down on the amount of doctor time *most of their questions have been answered *knows what to expect and what their options are *doctor gives candidacy and recommendation
  37. *In order to be successful, you have to devote some time in putting yourself in your prospects shoes. *Once you do so, look at all your options to grow this segment of the practice and put together a strategy to do so. *If you are not able to dedicate the time, consider hiring someone to do it for you.
  38. *we discussed how the average cataract individual thinks and buys *there are 2 entirely different segments of cataract patients *we went through how to look at each of those segments and put together a working strategy for both. *As you all know, cataract patients aren’t going to stop anytime soon. How we choose to serve them is up to us.