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Strategies for Dealing with Price Objections: Costs over time: the average person wears their eyeglasses 2.3 years. This is close enough to 1,000 days that to figure the average costs per day one just moves the decimal over 3 places. Example: Eyeglasses cost: $350 would cost the patient .35cents per day. I always comment – what can you spend .35 cents per day on that delivers that much value. Price is what you payvalue is what you get. Also consider if you paid $350 for a suit and wore it 14 hours per day – 7 days per week for the next 2.3 years. You would certainly consider that a bargain. Now consider what your eyeglasses enable you to do on a daily basis. Relative value- this strategy gets the person to consider what else they spend their money on and what they get for it. Common comparison- Dining out, eating in a favorite restaurant. Not uncommon to spend $40-$50 for a couple dining out at Outback or Olive Garden. How many times will they dine out during the next 2.3 year. Let’s say it was once a month for the next 27 months- that would be over $1000. Now ask this question, besides enjoying an evening out and a good meal- what lasting value does one receive from the experience? The average person wearing glasses who spends only $250 for their glasses, will spend an average of .25 cents per day for vision care, while paying $2.00 per day for cable television service or 8 times as much per day for cable service as they pay for vision care. Separate the difference- when a patient is offered enhancements that increases the price of their eyeglasses from $250 to $400, never talk to them about a $400 decision. This is a $150 decision when you separate the difference between what they normally pay and what the amount is for the enhancements. Packaging popular enhancements – Top down dispensing is the most effective method in today’s market of multiple applications and benefits. Package AR coating and Transitions as the best overall package for your presbyopic patients. Always ask this patient two questions: Do you have trouble reading signs at night? Have you noticed you are more light sensitive in bright sunlight? We know as one ages, they have difficulty with low light, small print, dark adaptation, night vision and bright sunlight. These two lens enhancements make a perfect pair as they let more light in when the patient needs it and filters bright sunlight to provide comfort in bright sunlight outdoors. Offer a discount when purchasing both lens enhancements and always show them how much their insurance provides toward their vision care. Dear____________ Our records indicate it has been over three (3) years since your last eye health exam. We are concerned about the health of your vision. If you have decided to go elsewhere, we will be glad to forward your records. In the case you have not gone elsewhere and simply overlooked this important health issue, we want to encourage you to contact our office and make an appointment. If you do this within the next 30 days we are offering a special “ Welcome Back” package. However, if we do not hear from you in the next 30 days, we will place your name in an “ inactive file.” Please let us hear from you. Your name Contact number This re-activation letter is a simple reminder to patients who have not responded to previous efforts to recall. Sending just three per day will allow your office to contact an average of 60 patients per day. The ‘welcome back’ package can be of your office’s choosing. Some use gift cards for restaurants of in the local area. Telling the Best Story Facts about vision and the eye can provide interesting information and make the best story even more memorable. And this information adds to your credibility and to the patient’s appreciation of the importance of healthy sight counseling. Some useful and fun facts: The human eye blinks approximately 11,000 times per day which equals over 4,000,000 times per year. The eye is approximately the size of a ping pong ball that contains over two million working parts. The average healthy 20 year-old eye allows up to three times more light than the average 60 year-old. During the course of the day as your eyes adjust to different types of lighting conditions and focal distances, scientists estimate your eyes will expend the same amount of energy that your leg muscles would expend if you walked 50 miles. Light travels at 186,282 miles per second. That means in the snap of your fingers, it has encircled the earth 7.5 times. When light enters your eye, your eye does three things with the light. It changes the speed, direction and amount of light. Sometimes the eye needs help with the direction and the amount. When light enters one’s eyes, it is focused to the back of the eye where over 130 million photoreceptor cells convert the light and the image into electrical-chemical impulses that are sent via the optic nerve to the brain to give us our perception of the world around us. The conversion of that light into electrical-chemical impulses is one of the highest metabolic activities in the human body. An April 2007 USA survey asks consumers ‘ what is your greatest health fear as most negatively impacting your life style? Two responses tied for first- being paralyzed and loss of vision. Yet the average person sees their dentist three times more often than their eye care professional. The eye and the brain which compose 2% of our total body weight consume 25% of nutrition. Over 50% of all Americans over age 65 develop a cataract. The odds of developing macular degeneration are 30% by age 75. In the USA today: an estimated 80 million people have potentially blinding eye disease. 3,000,000 have low vision. 1,100,000 are legally blind. 200,000 are severely visually handicapped. There are four types of glare: Distracting glare- caused by reflections off of uncoated lenses; Disarming glare- glare that occurs when going from indoor lighting to outdoor bright sunlight between 3,000- 10,000 lumens causing ocular discomfort, squinting, reduced contrast and slower dark adaptation; Disabling glare- over 10,000 lumens and causing ocular discomfort, reduced contrast, slower dark adaptation and blocked vision; Blinding glare- reflected light that blocks vision, causes ocular discomfort, reduced contrast and inhibits night vision. The automobile insurance industry tells us of 18,000 reported accidents per day- in up to 6,000 accidents, one of these four types of glare is a contributing cause of the accident. Always ask: Do you have trouble reading signs at night? Have you noticed you are more sensitive to bright sunlight? A dual problem with light many of your presbyopic and light sensitive patients experience. This calls for a prescriptive plan of treatment – AR Coating, Photochromics and a polarized solution. In the year 2006, the first wave of 78 million ‘baby-boomers’ turned 60. From that day until 2024 there will be one person turning 60 every 7 seconds . It is estimated 13-15 million baby boomers are primary care givers for elderly parents. Best Practices never use the word “ covers” in the same sentence with insurance. They always state: “ Your insurance contributes to the cost of your care today.” Patient knowledge is power. The more you know about your patients- the more power you have in terms of loyalty. Patient knowledge comes from: observing, listening and recording. “ Our duty is to fully and honestly advise our patients of all that will restore, maintain and enhance their vision.” (AOA Oath) Every one deserves the opportunity to enjoy ‘enhanced vision’! The Presybopic Years Beginning in the 40’s one begins to experience the first effects of aging and the following changes will take place: Problems with small print, low light,dark adaptation, night vision and bright sunlight. Higher incidence of floaters and dry eye. More susceptible to high blood pressure and glaucoma. Also at risk for diabetes, the leading cause of blindness among working age Americans. By age 60, one has only 1/3rd of the light entering their eyes as when they were age 20. By 65, cataracts may begin to develop and by age 75- up to 30% are at risk for macular degeneration. Patient Summary Statement: “Mrs.Taylor, there have been some changes in your vision and we are going to have to do some things differently. Fortunately, there is NEW TECHNOLOGY that will allow us to address these issues better than ever before.”