Stranger in a Strange Land How to Market Yourself in a New Community Francisco Arredondo, MD MPH C.E.O. Chief Experience Officer The basics --Understanding is one thing and action is another. You can spend years of understanding your fear of water and still never walk to the edge of the pool and jump in.— Barbara Sher The basics Lazy Liars ≠ Hard working ≠ Honesty Who are your customers? Prosumers Participative consumers are invited to shape and co-produce the nature of the business offer Tina Mermiri Research manager, arts and businesses “Beyond experience, culture and consumer: The transformation economy” Customers Aspirant Parents Health Care Providers Acupuncturists OBGYNs Insurance Companies Employers Primary Care Oncologist Endocrinologist Urologist Customers Aspirant Parents <10 yrs of graduation Health Care Providers Insurance Companies >10 yrs of graduation Employers Customers Aspirant Parents Decreased Ovarian Response Specific language Insurance Companies Health Care Providers RPL PCOS LGBT Fertility Preservation Endo Employers Tubal reversal Co-Opetition = Game Theory Cooperation: Creates Value San Francis Assisi Cooperate without being a saint You don’t have to blow the other fellow’s light to let your own shine. -Bernard Baruch Competition: Captures Value Attila the Hun Compete without destroying the opposition Is Not enough to succeed. Others must fail. -Gore Vidal What game is being played? Questions to ask yourself are: Who are the key players? duopoly game; oligopoly game; etc… What options are open to the players? pricing game; advertising game; etc. What goals are the players pursuing market share? profits?.. Are goals complementary or conflicting? issues the players agree on, sources of conflict, etc.. What is the time structure of the game? one shot, repeated, simultaneous, sequential, etc.. What is the information structure of the game? information as a source of bargaining strength Players in Company Value Net CUSTOMERS (Aspirant Parents) Transactions (sales) Transaction purchases) C O M P E T I T I O N SUPPLIERS (GE,equipment, culture media, EMR, etc) C O L L A B O R A T I O N COMPLEMENTOR (Acupunturist, financing, pharmacies, pharmaceuticals) Co-Opetition A player is a competitor if customers value your product less when they have the other player’s product than when they have your product alone. Pepsi vs. Coke A player is a complementor if customers value your product more when they have the other player’s product than when they have your product alone. Bacardi and Coke Co-Opetition Cooperation: Creates Value Competition: Captures Value San Francis Assisi Attila the Hun Cooperate without being a saint Is Not enough to succeed. Others must fail. -Gore Vidal Compete without destroying the opposition You don’t have to blow the other fellow’s light to let your own shine. -Bernard Baruch Game Theory What game is being played? Questions to ask yourself are: Who are the key players? duopoly game; oligopoly game; etc… What options are open to the players? pricing game; advertising game; etc. What goals are the players pursuing market share? profits?.. Are goals complementary or conflicting? issues the players agree on, sources of conflict, etc.. What is the time structure of the game? one shot, repeated, simultaneous, sequential, etc.. What is the information structure of the game? information as a source of bargaining strength Choose a Business Value Discipline Operational Excellence: Provide the customer with reliable products or services at competitive prices. Price Product Leadership: Provide products that continually redefine the stat of the art. Constant Innovation. Pregnancy Rate Customer Intimacy: Selling the customer a total solution, providing and outstanding customized offer Fertility Experience M. Treacy and F. Wierserma The Discipline of Market Leaders 1995 Be Remarkable Be Remarkable • You can be cautious or be creative…But cautious creative is an oxymoron • Advertising is the cost of being boring • Safe is risky Seth Godin: Purple Cow Be Remarkable Seth Godin: Purple Cow Be Remarkable Seth Godin: Purple Cow Be Remarkable • Business Cards: – – – – Picture QR codes Unusual material Piece of converstaion Seth Godin: Purple Cow Marketing is about help not hype --The easiest way to get what you want is to help others get what they want.— -Deepak Chopra This applies to ALL players in company value net! Players in Company Value Net CUSTOMERS (Aspirant Parents) Transactions (sales) Transaction purchases) C O M P E T I T I O N SUPPLIERS (GE,equipment, culture media, EMR, etc) C O L L A B O R A T I O N COMPLEMENTOR (Acupunturist, financing, pharmacies, pharmaceuticals) Marketing is about help not hype "If you sell something; you make a customer today; if you help someone, you make a customer for life." Marketing is about help not hype Sit or squat Stain remover Marketing is about help not hype OBGYNs • Give your cell phone….BE AVAILABLE • Offer curbside assistance at anytime • Teach them how to do clomid + IUI • Teach them how to do SA • Do you have a skill they want to learn Marketing is about help not hype OBGYNs • You have bargain chips 20 % of you patients do not have an OBGYN Marketing is about help not hype OBGYNs • Give your CV and cell phone number to all TV and Newspaper journalists Ask for referrals and positive reviews Do it intelligently and with class Scientifically Validated Ethical Persuasion Ethical persuasion seeks to achieve the following three goals: 1. Explore the other person's viewpoint 2. Explain your viewpoint 3. Create resolutions An ethical persuasive speech must have all of the following components: A.Truthfulness of the message B. Authenticity of the persuader C. Respect for the audience D. Equity of the persuasive appeal Scientifically Validated Ethical Persuasion 1. 2. 3. 4. 5. 6. Reciprocity Scarcity Consistency and commitment Authority Likeability Consensus (Social Proof) Scientifically Validated Ethical Persuasion Reciprocity: count on payback • Be the first to give (OB new patients) • Personalized if possible • Unexpected Scientifically Validated Ethical Persuasion Scarcity: Be a rare find • The Benefits of what you offer + • What is Unique about your proposition + • What the stand to Lose if they don’t use you Scientifically Validated Ethical Persuasion Authority: • Are you an expert on something? • Expert Introduction by a teammate. (Real State Example) Scientifically Validated Ethical Persuasion Consistency and commitment: • Look and ask for commitments that can be made (Second Option Referral Example) • 20% reduction on missed appointments example. Scientifically Validated Ethical Persuasion Liking: • People similar to us • People who pay us (genuine) compliments. • People who cooperate with us to mutual goals Scientifically Validated Ethical Persuasion Consensus: social proof • People look at behaviors of others to determine their own Passion as Marketing No passion, no conversation. No conversation, no word of mouth. No word of mouth, no successful business. Passion Conversation: Understanding, Sparking, and Sustaining Word of Mouth Marketing -Phillips, Cordell, Church and Moore Passion “When I hear a man preach, I like to see him act as if he were fighting bees” -Abraham Lincoln “It’s more important that you be passionate about what you do all day than it is to be passionate about the product that is being sold.” - Seth Godin Passion as Marketing •Become familiar •Tell some secrets •We are not in the marketing business, we are in the peoples business Passion Conversation: Understanding, Sparking, and Sustaining Word of Mouth Marketing -Phillips, Cordell, Church and Moore Word of Mouth Channels Mode of Conversations 14 2 3 Face to Face Social Media Email Instant/Txt Msg Phone Other 3 2 76 The Face-to-Face Book: Why Real Relationships Rule in a Digital Marketplace Keller and Fay 2013 Word of Mouth Channels The Face-to-Face Book: Why Real Relationships Rule in a Digital Marketplace Keller and Fay 2013 The Face-to-Face Book: Why Real Relationships Rule in a Digital Marketplace Keller and Fay 2013 True Wine Story • One is not enough • Once is not enough Specific Pearls to Make People Talk About You • Be Available!....give your cell phone # • Refer surgeries to OBGYNs • Do NOT do pap smears • Get OBGYNs phone numbers and email • Get OBGYNs birthdays Specific Pearls to Make People Talk About You • Welcome letters to new OBGYNs and primary cares to the community • Mingle in the OR lounge • Read about people, measure your medical reading • Dress well and keep your office clean Specific Pearls to Make People Talk About You • Get your team to market for you • Read about people, measure your medical reading • Dress well and keep your office clean • Have office hours in the evenings or saturdays Specific Pearls to Make People Talk About You • Give your name to all the TV reporters • Download all the OBGYNs in your area from ACOG and visit them. • Build Relationships with OBGYN residents. They are your future referrals Passion as Marketing " The master of the art of living makes little distinction between his work and his play, his work and his leisure, his love and his religion. He simply pursues his vision of excellence in whatever he does, leaving others to decide whether he is working or playing. To him, he is always doing both“ -Lao Tzu