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February 21, 2024 44 mins
Are you a dental professional looking to skyrocket your practice's growth and marketing strategy? Gary Byrd, the founder of SMC National and a luminary in dental marketing, shares his groundbreaking insights on transforming dental practices into thriving businesses.In this episode, Gary Byrd delves into the nuances of dental marketing and business growth, revealing how strategic marketing, efficient operations, and entrepreneurial skills can lead to unparalleled success in the dental industry. From the significance of patient education and insurance acceptance to the critical analysis of patient mix and operational challenges, Gary unpacks the elements essential for dental practices to thrive.Key Takeaways:✅ Marketing strategies are crucial for patient acquisition and treatment acceptance.✅ Understanding patient mix, insurance payments, and visit frequency is key to marketing effectiveness.✅ Patient education is a significant revenue maximizer.✅ Operational efficiency is often the stumbling block for dental offices.✅ Addressing unanswered calls and optimizing marketing and sales strategies can overcome industry challenges.✅ Dental practices must evolve by addressing capacity and capability issues.✅ A diverse skill set in entrepreneurship, leadership, and clinical skills is necessary for success.Quotes from Gary:•"I really believe that if you focus on helping other people get what they want, you'll always get what you want as a byproduct."•"If you're spending $10,000 a month on marketing and you don't answer the phone 35% of the time, you're going to lose $3,500 of those opportunities down the drain."•Gary is the founder and Managing Partner of SMC. He is responsible for attracting new patients for DSOs and dental groups. Additionally, he hosts four podcasts that cover various topics related to the dental industry. “Dental Marketing Goat” provides practical marketing advice, while “Full Arch Advantage Podcast” focuses on how to close more full arch cases. “Dental Rift” is a weekly show that discusses current trends in the dental industry, and “Dental Marketing Theory” features weekly interviews with top dental executives and entrepreneurs, providing valuable insights into the latest industry trends.How to Reach Garyhttps://linktr.ee/thegarybirdhttps://www.linkedin.com/in/thegarybird/https://smcnational.com/webinars/https://thegarybird.com/Learn more about your ad choices. Visit megaphone.fm/adchoices
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