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Troy Cole

Troy Cole

Sales Coaching for Refractive & Cataract Surgery Teams

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Your Practice Growth Roadmap During Coronavirus

There’s a good chance your inbox is filling up with messages about COVID-19/Coronavirus.

Breaking news stories about ANOTHER thing canceled…

Alerts from companies about what they’re doing to serve people during the “outbreak”…

Tips on how to stay safe and healthy…

(I heard a report on the radio earlier where they were literally discussing how it’s important to not inhale other people’s sneezes. Thanks for the tip, y’all….)

So obviously you don’t need to hear any more of that. Everyone else has it covered.

My concern is your business – how is Coronavirus going to affect it, what steps can you take to mitigate risk, and how can you come out the other side of this with a stronger, more thriving practice than ever.

Yes, this is a long email. But I’ve sectioned it out for easy reading:

  • Why 2020 is the best time to be alive in human history
  • The “temporary” mental framework
  • How the fear-based news industry works
  • People’s desire for normalcy
  • Things getting worse (for a minute) before it gets better
  • Your patients should know you care
  • Opportunities Coronavirus represents for businesses
  • “Social Distancing” as a huge leverage point
  • To Advertise or Not to Advertise during a recession

Skip a section if you want, but be sure to read to the end where I talk about how “Social Distancing” is a huge leverage point for you, and whether or not you should stop advertising in a recession…


First and foremost, right now – 2020 – is the best time to be alive in human history.

We have better tech, better communication, better solutions than ever before, in the history of mankind.

​We are so fortunate to live in this Golden Era of abundance.

Does that mean we won’t see minor set-backs and challenges like Coronavirus? No.

But we are better equipped to deal with these challenges than ever before.

And that should give us all hope. That the world is working together to solve this potentially massive problem.​

That the best brains and best technologies in the world are coming together to battle and defeat this virus. And we will win.


On that note, keep the mental framework that this is temporary.

Most “modern” catastrophes are temporary.

The sub-prime mortgage market crash of 2008 was temporary. The swine flu pandemic of 2010 was temporary. The stock market taking a swan dive off a cliff this week – temporary.

There will be an “other side” of this.

Yeah this may be hard to remember when you find out that March Madness is just straight-up canceled.

And that the NBA and NFL have suspended their seasons indefinitely.

And Broadway shut down.

And mega-star Tom Hanks has Coronavirus.

And all the other insanity that’s happening.

But it’s temporary.


The news business is built around fear.

I find it hard to stay hopeful with the news media talking doom and gloom 24-7. But just remember, that’s the entire M-O of the news.

The news wasn’t “happy” before this Coronavirus thing started. I rarely watch the news, but if I happen to catch it after a ballgame, the format is typically…

Murder. Scandal. Murder. Arrest. Murder. Some awful thing that happened to a kid. Car crash. Scandal. Murder.

And that’s just the traditional 30-minute TV newscast. You also have news channels and websites that have round-the-clock publishing schedules to fill.

Of course they’re going to fill all that space with whatever sensational stories will get the most viewers and the most clicks- which are usually negative and scary stories.

Unfortunately, the news is a broken model, designed to paint a particularly horrible picture of society.

Maybe you love watching the news. That’s fine, to each their own. But love it or hate it, my description of the news is accurate.

So don’t forget – now is the best time to be alive. And humans are resilient. America in particular is resilient. And we’re going to get this figured out.

As bad as Coronavirus is, it’s temporary.


People want to get back to normal.​

The aforementioned doom-n-gloom news industry has everyone in a tissy.

You’ve seen the pictures of people buying out Costco’s entire stock of… toilet paper (still haven’t figured this one out). Along with cleaning supplies, bleach wipes and hand sanitizer (those make more sense).

But ultimately people want to live their lives, go to work, take their kids to school, go to the movies, go to the gym, go to their favorite restaurants, spend their money, live their lives.

And this actually works in your favor.

Regardless of how bad this actually is (we really don’t know at the moment), the perception that it is awful is what’s driving the panic.

​And the biggest driving force of panic right now is the unknown. Case numbers – relatively small. Especially if you compare it to the flu, or heart disease, or cancer, or any other major killer condition.

(Which are actually bad comparisons – even though people are making these comparisons all the time – but we won’t get into that today)

We KNOW what those things are.

We know what the flu does, and how to treat it, and how bad it normally is, etc.

But what the heck is Coronavirus? People still don’t really know.

And when given a gaping hole of dangerous unknown, people will fill that hole with their worst imaginations.

Even so, people want to get back to normal, and they will as soon as possible.


It will likely get worse before it gets better (but maybe not for long).

As all these testing kits get out into the world, no doubt the result of MORE testing will be MORE diagnoses, which means more news headlines and more panic.

But ideally, this will also reveal that more people who have Coronavirus are also overcoming it, with more accurate numbers showing lower death rates.

At the same time, we’ll continue finding more effective ways to treat it.

So we’ll get to KNOW more about what Coronavirus is, what it does and how to defeat it. When people have this knowledge, it’s no longer the scary unknown. It’s a less-scary, known issue.

And we can fight an enemy we know.
​


Your patients should know you care.

There’s a sort of “balancing act” when you have an issue like this. You generally don’t want to bring up bad news if you don’t have to.

You are in an aspirational services business. You help people become better versions of themselves. So you want to maintain a positive, forward-focused message as much as you can.

BUT sometimes news gets so big, that if you don’t talk about it… you come across tone-deaf. Or like you’re not dialed in. Or like you’re just ignoring a big problem that society in general is facing.

I would say with COVID-19, we’ve crossed that threshold. It can’t be ignored.

So I’ve been working with my clients this week on the best ways to share these messages with patients, prospective patients and referring doctors. (a mix of social, email, website updates and more)

Let your patients know you’re aware of the concern and possible issues with Coronavirus, and what you’re proactively doing to keep them – and your team – safe.

This signals that you’re dialed in to the national conversation, you’re taking it seriously, and you’re doing whatever you can to serve your patients. (which is part of your overall mission anyway, right?)​


What opportunities does this present?

Hear me out – I’m not suggesting or even celebrating the idea that businesses should profit off disasters.

But fact of the matter is that just because something like Coronavirus shuts down parts of life, people still need what they need.

So what businesses have opportunities for growth right now?

  • Online schools/colleges/education platforms
  • Homeschool curriculum companies
  • Amazon and Amazon Prime (and any grocery delivery service)
  • UberEats and other food delivery services
  • Solar Power/Solar Panel Companies (I don’t think this is going to affect the power grid, but some people do)
  • Non-Perishable Food Companies
  • Gun manufacturers (some people thing this is going to be armageddon, and they want to protect themselves)

And…. YOU.

Telehealth is a rising trend in healthcare.

If you’ve been toying with a mechanism to do remote consultations or FaceTime-like evaluations with prospects, Coronavirus is one of 15 reasons this is a good idea.

In fact, now would be a great time to test it.


How your practice marketing can benefit from “Social Distancing”

One of the big recommendations right now is Social Distancing. This is an umbrella term for “staying away from other people.”​

This may include avoiding public gatherings, not shaking hands/hugging, and even working from home.

We already talked about all the canceled things – sports, conferences, gatherings, concerts, travel, etc.

Much more free time – and even “work time” – will be spent at home.​

So what are people going to do with all the extra time that “social distancing” has created?​

The same things they already do at home – binge Netflix, shop on Amazon, watch TV, surf the internet and scroll through social media.​

They have more time to research your procedures. They have more time to engage with your content.

So keep up your social posting. Keep your social ads running. Keep your digital presence as strong as ever.

Because as much as Coronavirus is a distraction, plenty of other distractions (read: “going out in public for anything”) have vanished overnight.

Take advantage of this…


To Advertise or Not to Advertise – What do you do next?

During many national tragedies/disasters like this one (still not sure if it is, but let’s just call it that for sake of the illustration), businesses are inclined to pull back and be less aggressive in their marketing and patient attraction efforts.

I’ve gone through a few of these situations in my 15 years of medical marketing (market crash of 2008/9, etc), and I can say from personal experience…

The practices that keep their foot on the gas pedal during a recession are the ones who have momentum and advantage – and ultimately gain market share – once everything returns to normal.

You can look at datapoints from the last 100 years that reinforce my anecdotal experiences. Rather than repeating them here, see several examples in an ASI brief here.

So my recommendation is to:

  • Remember this is temporary
  • Play the long game
  • Gain market share as the dominant player in your market = WIN

And if you have questions, let me know.

At LogiCole Consulting, we’re all hands on deck for our clients at times like these. Susan, I and our team aren’t slowing down.​

Let’s defeat this ridiculous virus and come out stronger, more powerful and more dominant than ever before.​

Audaces fortuna iuvat,

Troy

My Weird Amazon Review Bribe

Our family does a LOT of our shopping on Amazon (including many of our grocery purchases through Amazon Fresh).

Pretty sure we’re partially responsible for keeping Amazon in business. If you have Amazon Prime, maybe you feel the same way.

Recently, my nice coffee grinder that I’ve had for years… finally bit the dust.

So my wife, Susan, naturally turned to Amazon to replace it.

She ordered one that had good reviews, seemed to be high quality, and a good price.

After a few rounds in the kitchen, sure it gets the job done. But it has one major-ish issue – the coffee has trouble feeding down from the hopper into the grinder.

So I have to sit there and shake/move the grinder the whole time, just to keep the coffee grinding. A minor inconvenience, but an inconvenience nonetheless. The thing has one job, and it doesn’t do that job well.

Susan feels it is her civic duty to leave honest reviews on products. So she commented on this issue in a 3-star review she left on Amazon.

And then she received an email from the distributor…

The email started like a typical customer service reply for a review like this – Hey thanks for your feedback, we’re sorry to hear about the inconvenience…

So we are willing to give you a full refund, and you can keep the product, if you’ll just change your review to 5-star.

Wow.

They literally said, “You can even leave exactly what you wrote, just change the star rating from a 3-star to a 5-star.”

Well, Susan didn’t respond to this. And 2 days later, she received a follow-up.

“Hey, just making sure you received our offer. Would you change the review to 5-star and we’ll refund you?”

So why am I telling you about this weird Amazon coffee grinder review situation?

This real-world example shows why 5-star online reviews are so vital in modern society.

Amazon sellers know they live and die by reviews. Reviews affect their ranking in search results, as well as (obviously) their sales.

5-star reviews are so important that Amazon sellers are willing to give away money just to keep negative reviews off their listings.

Most of the people who read this aren’t selling on Amazon. But you are selling treatments. And 5-star reviews are essential to your success in 2020 and beyond.​

Google, Healthgrades, Rate.MD, even Yelp (yes, I hate Yelp, too) – you need 5-star reviews everywhere.

I saw a stat that 8 out of 10 people consider online reviews with the same level of influence as a direct referral from a friend or family member.

That sounds a little crazy to me, until I think of all the times I use reviews to make decisions – where to eat, where to shop, what to buy, who to trust. It’s a daily thing for me. Probably you too.

Your prospects and patients are the same way. They look at reviews. They trust reviews. They act based on what they see in reviews.

So for practices who have very few reviews…. or 1 new review every 2-3 months…. or an even mix of good reviews and bad ones… this sends up a red flag for your prospects.

Every happy patient who has treatment with you can be a new evangelist for your practice. And part of that is engaging them – asking them – to leave a review for you. And creating an easy mechanism for them to do so.​

That’s the system you need. And if you don’t have one, reply to this email, and we’ll get you sorted out.

I was on a call with a practice earlier this week, and we were discussing the effectiveness of a customized review system we built for them (averaging 30-40 new 5-star reviews each month. They now get more 5-star reviews each month than they were getting annually before we started working together).

The surgeon said, “I want to thank you. I see patients every day who tell me they saw our reviews, and that’s a big reason why they came here.”

Take your reviews as seriously as the Amazon coffee grinder people, and you’ll set yourself up for practice growth.

– Troy​

 

PS – What I DON’T recommend is bribing people to remove or change a review. If you get a bad review, first thing is to contact the reviewer and solve their problem.

​And once you make it right, you can ask them to update their review to reflect the new circumstances.

Amazon Coffee Grinder Co didn’t do this. They tried to pay us to lie. Insulting. Frustrating. Don’t do this.

PPS – And in case you were wondering, Susan did not accept the bribery offer to change her review. The Truth Prevails…

Joe Rogan Reminds Us – People Don’t Know What You Do

Joe Rogan (Comedian, UFC commentator, former Fear Factor host) has one of the best podcasts around.

Millions of people tune in every week to hear his interviews with presidential candidates, pro athletes, movie stars and more.

Last week, I was catching up on a couple of past episodes. One of the episodes in my queue was an interview with Robert Downey, Jr.

First of all, I’ll say that this episode (as usual) was quite entertaining. I recommend you give it a listen.

The reason I’m sharing this particular episode with you is that it starts with a conversation about RDJ’s reading glasses.

So I hear them start talking about his bad reading vision, and I’m thinking “Awesome!” because I work with many clients in the ophthalmology space. Knowing Joe is quite techy, my hope is that they start talking about vision correction.

Well, they did…

And imagine my shock as Joe and RDJ quickly rattle off half a dozen myths about vision correction.

Including:

  • There’s an app you can use to get your eyesight back (what?)
  • “If there was a real thing to get your eyesight back, I would be definitely be on that” (um, there is, Joe)
  • “LASIK isn’t real” (um, what?)
  • Our bad reading vision is caused by Macular Degeneration (HA! It’s actually a condition called age-related presbyopia, a natural part of the aging process)

The conversation disintegrates into a pile of misinformed talking points.

It’s really rather amazing.

You can click this link to hear this for yourself. (I set this link to start at the beginning of the interview portion, and their convo on the topic lasts about 2 minutes).

<< Also, Joe’s podcast would be considered unrated, so be careful listening around younger ears. >>

What can we take away from this?

Joe Rogan stays up on much of the latest research on diet, fitness, health, science, etc. I assumed if anyone might have the facts sorta-right about vision correction, he would.

But my assumption was clearly wrong. Which serves as a reminder of the following:

  • Even though you’ve been doing what you do for years, people still don’t understand it.
  • Even though millions of people have improved their lives with the procedures and treatments you offer, hundreds of millions more still have no idea they exist.
  • More information isn’t necessarily accurate information. We hear this as Joe starts to conflate bad reading vision with macular degeneration.
  • A simplified message – for example, “We can help people from age 18 to 80 and beyond who don’t want to wear glasses and contacts” – is easier to grasp (and to spread) than getting into the weeds about different procedures and conditions. (Certainly there are cases where you can and should talk about specific procedures and issues people have, but on the big-picture scale, people who don’t live in your world will have a hard time retaining that info accurately.)

And this isn’t a unique situation.

For example, LASIK has been able to correct astigmatism for literally decades, but people still think it can’t.

More:

I have clients who do permanent contact lenses, a treatment that has been available in the U.S. for more than 10 years. Most people still don’t even know it exists.

The takeaway:

Most people still have no idea what you do and who you can help.

So keep spreading your message.

Keep educating prospective patients.

And remember: even though you’ve said something a thousand times….

even though people have heard it….

doesn’t mean they know it and understand it and remember it and embrace it.

Educating the masses on the miraculous procedures you do – it’s definitely an uphill battle.

But it’s a battle worth fighting.

Market Like a Political Operative

Just a heads up – This is not a political note. I’m not worried about which political ‘team’ you’re on.

(Ideally we wouldn’t have teams and could deal with issues based on merit, but that’s an email for another time…)

But even if you don’t like a certain politician or political party, you can still learn from sharp minds in that arena.

Hence my message today, about a fascinating podcast episode I listened to (and re-listened to) earlier this week.

It’s an interview on one of Mike Cernovich’s podcasts with political operative Ali Alexander.

The reason I found this fascinating is that we see so much external commentary on politicians and campaigns, but we rarely (never?) get to go “behind the scenes” to see the actual mindset and strategy behind building a winning political campaign.

If the topic interests you at all, this episode is worth a listen.

Ali talks about the different “stages” of marketing that a campaign must go through, the different types of budget allocations they have, and how Trump changed the game (love it or hate it, it’s true) on how political campaigns operate in the modern era.

(Hat Tip to Obama because he was the original ‘digital marketing’ campaigner, though the digital/social media landscape is light years different than it was even 8 years ago when the guy ran for reelection)

But even if you don’t take the time to listen to the episode, here’s one takeaway to consider:

Ali described the big idea behind crafting a winning campaign, and it’s really a numbers game.

“You have to build a coalition of voter groups that represents 50% plus 1. That’s it. You do that and you win.”​

And he went on to talk about the different voter groups, demographics, etc that candidates try to court and win, and how they go about it.

After thinking on this a while, my mind went to marketing strategy.

Marketers spend a ton of time and energy trying to cook up big campaigns, slogans, offers and eye-catching creative to attract customers/clients/patients.

But what if we thought about marketing the same way political operatives thought about campaign architecture? – Build a coalition of support from different groups.

So rather than trying to build a big watered-down campaign that has a little bit of benefit for everyone, go all-in on specific groups and sculpt unique messages to those:

  • Weekend warriors
  • Moms with young kids
  • Business executives
  • Recreational golfers who want to improve their game
  • Swimmers
  • College students
  • Teachers
  • First responders
  • Nurses

And the list goes on.

You might be thinking, “Well Troy, we actually already do this.” In a way, you’re right.

For example, it’s typical to say around graduation time, “Hey, we should add a couple lines to our radio spots about getting LASIK as a graduation gift.”

That’s great. But if you look at how operatives craft the political campaign (at least a good one), it goes beyond just a couple of copy points.

  • What matters to college students?
  • How will our campaign benefit them?
  • What policies can we highlight for college students to show them to vote for us?
  • What language can we use to show them we understand them?

You want to do the same thing with your marketing. Your offer. Your copy. Your targeting. Your imagery. Your website.

Political campaigns are won by creating a coalition of different groups who believe in a candidate and will get on board with her and her mission.

Your practice wins the same way.

Because even though you aren’t running for public office, your patients are still voting… with their dollars… on whether or not you’re a “candidate” with “policies” that will benefit them.

Representative Joe Shmoe is the candidate for farmers. For working moms. For small businesses. For <fill-in-the-blank>.

Which groups are you the “candidate” for?

How can you make sure they know it?

COVID Created a Massive New Pt Opportunity Around *This*

The pandemic forced consumers to change behavior.

And I’m not talking about the masks and social distancing.

I’m talking about the transition to home-centric consumerism.

Things like virtual workouts (Peloton), on-demand grocery delivery (Instacart), work-from-home accessibility (Zoom).

DON’T MISS THIS. Two major mental shifts in consumer behavior have taken place. It’s important to know what those are…

and the opportunity they represent….

​

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​

Mental Shift 1: “I can do a lot more from home than I thought.”

Thanks to technology and the supercomputers we keep in our pockets and purses…

People realize they don’t have to leave home nearly as much as they used to.

Don’t have to go to the store for groceries.

Don’t have to go to restaurants for food.

Don’t have to go to the gym for a workout.

Don’t have to go to an office to get work done.

All these traditionally “out of home” activities can now be done from the living room.

People like being able to do things from home. Without pants on.

The challenge? This mental shift creates a bigger “leap” for much of the public to come in for an initial consult.

Now they have to get up, get dressed and drive across town to come see you.

May seem silly, but that’s a much bigger “ask” than saying, “Yeah, just leave work a little early and drive by on your way home for your consultation.”

Will people still do it the old way? Of course. They are coming to see you right now, aren’t they?

Just like people still go to a grocery store. But the point is that another chunk of society won’t go to a grocery store or gym or office…

Because they realize they don’t have to.

​

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​

Which brings me to Mindset Shift 2 – “I… actually really like this new convenience.”

Throughout history, convenience is a driving factor of innovation.

People like convenience. From the original Model T to climate control to power windows to to heated seats to 360-degree backup cameras. Innovation breeds the convenience people crave.

Amazon wins because they are a one-stop shop with one-click purchasing and fast delivery. Convenience.

So the question becomes:

How do you make access to your treatments more convenient for the modern consumer?

And this is where a Digital Consultation Strategy come in.

When marketed and performed in the correct way, this allows you to tap into a whole new flow of convenience-focused patients.

And what’s more convenient than waking up in the morning and just being able to see?

I hope you’re starting to see this. The pandemic shifted consumer behavior even more in line with the benefits of vision correction.

People have found new ways to gain convenience to their lives. And they want more of it. And that’s exactly what your treatments give them.

​

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Right now, you have a huge opportunity around convenience.

The same opportunity that led one practice to book an extra $1 million in quarterly revenue at the end of 2020.

The same opportunity that another practice leveraged to add an extra 27 Digital Consults last week alone…

Don’t sleep on this opportunity. Don’t let other practices in town get ahead of you. Don’t second-guess it. It’s here. Now. Take advantage. Now.

Especially when we have a turnkey, no-risk, proven system – designed specifically for this – you can start using right now.

Reply and I’ll get you the details.

– Troy “Digital Dynamo” Cole

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