Competition increasing, disposable income decreasing, what happens next?
One of the most popular marketing services we offer for UK dentists is advertising for new Invisalign patients using social media i.e. Facebook and Instagram.
We’ve built up a lot of momentum using these techniques and delivered many hundreds of new orthodontics patients, however it’s only reasonable to share some of the slightly less encouraging market dynamics we are seeing currently. We’ll also take a closer look at what you need to do to maintain momentum.
For several years it was relatively straightforward to secure new patients from social media, even for lucrative treatments such as Invisalign. Whilst you need a good eye for developing great ads, high-quality landing pages and a sound knowledge of how Facebook and Instagram work, it isn’t exactly rocket science to do this kind of work – despite what you may hear some suppliers claim. It really isn’t alchemy.
However, over the last year or so, it has become less easy to get new patients like this and more time, effort and budget is needed to deliver on those campaigns. So why is this? Invisalign trade representatives might tell you that all is buoyant and for the aligner business as a whole, that’s easy enough to understand. But what is the impact on the individual provider and what are the underlying factors you now need to consider before embarking on your own Invisalign campaigns?
Competition is increasing
Not only is competition increasing, it’s increasing significantly. To put it in context, we work with one small dental group that recently sent eleven dentists on Invisalign training courses in the space of two months. It seems that virtually every practice we work with now has someone who can carry out Invisalign treatment.
The net effect of this is that lots of dentists can now offer basic Invisalign after attending short courses and it’s quite difficult for a layperson to differentiate between those guys and more experienced practitioners. They are all able to subscribe to a marketing company to publish good looking ads and there is very little a patient would be able to do to be able to make an informed choice regarding who is best qualified to undertake their treatment.
The bottom line is that lots of Invisalign ads from lots of dentists are now appearing on the social media feeds of patient across the UK – in rural settings as well as bigger urban areas. More competition invariably leads to less enquiries, particularly if you don’t up your game to counter it.
Patients have less disposable income
With inflation set to hit 10%, disposable income is being significantly reduced for many. Those who could stretch to more expensive items, including dental treatment, are now more likely to hold off until the future looks a little more certain. This was brought home for me just the other day when, out of curiosity, I was browsing the UK section of the Tesla car forum. To my surprise I saw a couple of posts from owners who were actually ditching “luxuries” such as Netflix and Sky so they could pay for essentials. It’s not a stretch to consider that those folks and many others like them, probably won’t be considering Invisalign in the current climate.
So whether we like it or not and however much your dental coach or trade rep suggests otherwise, times are tougher and the number of enquiries you get for “high-end” treatments will fall away somewhat.
What can you do to mitigate the patient drop off?
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