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Thinking Way Outside the Box – Advanced Marketing Strategies for Independents Presented by: Dan Benamoz, Founder & CEO, Pharmacy Development Services 1:45 p.m. - 3:45 p.m., Saturday, October 7, 2006 Las Vegas, Nevada Evaluation # 06-127 This program is approved by NCPA for 0.20 CEUs (2.0 contact hours) of continuing education credit. NCPA is approved by the Accreditation Council for Pharmacy Education as a provider of continuing pharmacy education. Dan Benamoz Dan Benamoz is a 1981 graduate of The Albany College of Pharmacy. He started his career with Rite Aid Corporation and became a district supervisor before leaving to devote full-time to his own medical supplies practice. In 1986, he was awarded a United States Patent for the transdermal application of steroids with ultrasound that still continues to be a widely used procedure in orthopedic and sports medicine. In 1992 Dan’s pharmacy began servicing long term care facilities and grew that business to service 37 facilities in less than 3 years. In December 2003, Dan authored an industry White Paper. His article, “The Future of Retail Pharmacy: If Mail Order Can-Then Why Can’t We?”, has been published in several industry publications including Drug Topics, The Florida Pharmacy Journal and PharmacyNow.com. Six weeks after his article was published several prominent chains, including CVS, Hook’s Drug and Happy Harry’s, changed their corporate policy to no longer accept third party contracts that contained a mandatory mail order provision. In 2004, Dan developed a web based employee management software system, My Virtual Manager, which is rapidly growing in popularity amongst independents across the country. My Virtual Manager has been lauded for its ease of use and rapid impact on improving communication with employees as well as increasing employee efficiency, productivity and accountability. In 1996 Dan founded Pharmacy Development Services, Inc. and is now a national consultant who coaches independent pharmacy owners in management systems and business development strategies. As a successful businessman and registered pharmacist, he has earned the distinction of being known as an independent pharmacy activist and retail pharmacy turnaround specialist. Dan has empowered pharmacy owners nationwide with his innovative marketing programs while stressing the importance of taking control of one’s business while still enjoying the pleasures of a personal life. Learning how to run one’s business, rather than having it run you,” has become his motto for success. He is a frequent speaker at state and national conferences, conventions and trade shows. Educational Objectives Presentation Title: Thinking Way Outside the Box – Advanced Marketing Strategies for Independents Name of Presenter: Dan Benamoz 1. Express how to uncover the hidden fortune that lies dormant within your own customer base. 2. List effective advertising strategies that don’t cost a dime. 3. Describe a lucrative strategy to expand your business trading radius and attract many NEW customers. 4. Explain how to kick “word-of-mouth” advertising into high gear. 5. Identify strategies and concepts guaranteed to replace lost profits from lower reimbursements. Thinking Way Outside The Box— Advanced Marketing Strategies For Independents Dan Benamoz, RPh, CEO Pharmacy Development Services, Inc. Boynton Beach, Florida www.pharmacyowners.com Only those who risk going too far can possibly find out how far they can go. T.S. Eliot 1 Your Competitive Advantage Mass Merchandising vs. Relationship Marketing (Educational Based Marketing) $$$ $$$ Databases Are The Currency Of The New Millenium $$$ $$$ 2 BEWARE! This can be more lethal than a computer virus! 3 VOICE BROADCASTING Hi, this is Dan calling from Family Pharmacy. I hope you’re well. I just wanted to let you know that it looks as though we may be in the full blown stages of a flu outbreak. The biggest difference between a cold and the flu is that fever is not common with a cold but is with the flu. Also, headaches are not common with a cold but are common with the flu. Mild fatigue and weakness are also very common with a cold but with the flu, extreme fatigue is common and weakness can last for weeks. If you begin experiencing any of these symptoms, please feel free to give us a call or stop in and we’ll be happy to help you out any way we can. We can even make some recommendations that can cut down on the intensity and duration of the virus if you do become ill. I hope you find this information useful. Have a great day and we’ll be talking to you soon. Goodbye. VOICE TESTIMONIALS Nothing beats word-of-mouth advertising • Transcribe for text testimonials • Include in E-mails • Include on websites • Use for radio commercials 4 YOUR UNPAID SALESFORCE CHAMPIONS! CUSTOMERS PROSPECTS SUSPECTS MARKETING GIFT FOR PHARMACY OWNERS FREE FREEBIE GIFT TODAY 1-YEAR NEWSLETTER TEMPLATE SUBSCRIPTION SIGN UP TODAY! 5 AUDIO POSTCARDS AUDIO BY E-MAIL 6 VIDEO MESSAGING VIDEO E-MAIL VOICE MESSAGING WARNING Before you buy medical equipment from anybody, call this toll-free number and listen to this important FREE recorded message 24/7. (888) 214-0962 ext. 9000 7 Welcome to SpaRx The Future Is Now I’M QUEEN FOR A DAY 8 The Inada Massage chair 9 The Therabath Pro Paraffin Bath Available through your wholesaler Herbal Heating Pads 10 Cholestech Bone Densitometer (Refurbished units inexpensive on ebay) 11 Detoxification The Benefits of Detoxifying your body. Reducing toxins in your body have been known to produce improvements in: 12 Ion Cleanse Detoxification System 13 The Bioscanner for measuring antioxidant levels in tissue. Asyra Technology & Electro Acupuncture 14 Asyra Electro Dermal Analysis Allergen Sensitivities Amino Acid Deficiencies Chakra Imbalance Color Therapy Enzyme Deficiencies Fatty Acid Deficiencies Food Sensitivities Fungal/Mycotoxin Problems Heavy Metal Burden Hormonal Imbalances Immune System Weakness Mineral Deficiencies Parasite Influence Skin Afflictions Sleep Disturbances Thyroid Disturbances Toxicity Elimination Blockages Trace Mineral Deficiency Skin Damage Assessment High End Dermaceutical Products www.epionce.com 15 THE AFFORDABLE 1-PRICE PRESCRIPTION DRUG PLAN BONUS (TIME PERMITTING) REMEMBER... Your life can mean more than just work! www.pharmacy-owners.com 16 Learning Questions Presentation Title: Thinking Way Outside the Box – Advanced Marketing Strategies Name of Presenter: Dan Benamoz 1. ___________________________ are the currency of the new millennium. 2. Relationship building requires multiple customer contacts throughout the month. True False 3. An effective strategy for developing relationships with customers is through educational based marketing. True False 4. Your unique selling proposition (USP) tells your customers and potential customers what differentiates your business from your competition. True False 5. Which marketing strategy costs the most amount of money to implement and often yields the lowest return on your investment? a. Increasing the size of transactions. b. Increasing the frequency of transactions c. Tapping into your customer’s “circles of influence.” d. Monthly sales flyer campaigns. Learning Answers Presentation Title: Thinking Way Outside the Box – Advanced Marketing Strategies Name of Presenter: Dan Benamoz Answers: 1. Databases 2. True 3. True 4. True 5. D. Monthly sales flyer campaigns.