When to Discount and When Not to

Med Spa Marketing Group Chat
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episode
020
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EPISODE

020

Med Spa Marketing Group Chat
WITH JOHN WHEELER
When to Discount and When Not to
Med Spa Marketing Group Chat
WITH JOHN WHEELER
When to Discount and When Not to

In the bustling world of medical aesthetics, the practice of offering discounts can often stir up a mix of reactions among med spa professionals. It's a nuanced topic that, when navigated skillfully, can enhance patient engagement and encourage loyalty without compromising the brand's prestige. This intricate dance of strategic discounting is precisely what the latest episode of the Med Spa Marketing Group Chat delves into, featuring hosts Kevin, Mitchell, and special guest Rebekah Brannon, Director of Strategic Growth at Alpha.

The conversation kicks off with a shared understanding of the delicate balance required in implementing discounts within the med spa industry. The fear of becoming the "discount brand" looms large, yet the trio explores how thoughtfully designed offers can positively influence patient behavior, encouraging them to explore treatments they might not have considered otherwise. For example, Rebekah discusses the strategy of offering discounts on additional syringes of filler, not only to enhance the patient's results but to subtly shift their behavior towards considering more comprehensive treatment plans.

This approach to discounting isn't just about filling appointment slots; it's about creating value and enriching the patient's journey. Rebekah emphasizes the importance of viewing each discount through a strategic lens, aiming to build long-term relationships with patients rather than merely boosting short-term sales. The group agrees that discounts, when used sparingly and intelligently, can be a powerful tool in attracting new patients and encouraging existing ones to explore new treatments.

However, the conversation doesn't shy away from the challenges that come with this territory. Provider buy-in is crucial, as is the ethical consideration of ensuring that discounts are offered in a way that genuinely benefits the patient. Rebekah shares insights into how education and clear communication with providers about the goals and ethical considerations of discounting can help align their perspectives with the broader strategic vision.

Looking ahead, the episode touches on the exciting possibilities of using discounts in the launch of new clinics or DeNovos. Here, generosity becomes a key theme, with Rebekah advocating for substantial introductory offers to build brand awareness and establish a loyal patient base from the get-go. This generosity, framed as an expression of confidence in the quality of care and service provided, can set a new clinic apart in a competitive landscape.

The Med Spa Marketing Group Chat episode offers a comprehensive look at strategic discounting, balancing the fine line between attracting new patients and maintaining a brand's integrity. Through their discussion, Kevin, Mitchell, and Rebekah provide valuable insights for med spa professionals looking to leverage discounts in a way that respects both their patients and their practice.

YOU'LL LEARN
  • How to use strategic discounting to enhance new patient acquisition
  • How to change patient behavior through targeted offers
  • Strategies for promoting multi-service use among existing patients
  • How to create a year-long plan for strategic discounts based on patient behavior trends
  • Ways to educate providers on the benefits and strategies of discounting
  • How to balance ethical considerations with business goals in discounting practices
  • Techniques for retaining patients post-discount to prevent becoming a "discount brand"
  • The importance of provider buy-in and training for successful discount campaigns
  • How to leverage discounts effectively in the launch of new clinics or services
  • Methods for using discounts to create long-term patient loyalty and engagement

tODAY'S Friend

You'll learn

  • How to use strategic discounting to enhance new patient acquisition
  • How to change patient behavior through targeted offers
  • Strategies for promoting multi-service use among existing patients
  • How to create a year-long plan for strategic discounts based on patient behavior trends
  • Ways to educate providers on the benefits and strategies of discounting
  • How to balance ethical considerations with business goals in discounting practices
  • Techniques for retaining patients post-discount to prevent becoming a "discount brand"
  • The importance of provider buy-in and training for successful discount campaigns
  • How to leverage discounts effectively in the launch of new clinics or services
  • Methods for using discounts to create long-term patient loyalty and engagement
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When to Discount and When Not to
Med Spa Marketing Group Chat
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episode
020
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020
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