The Power of Premium: How to Sell Expensive Stuff JOY L. GIBB, ABOC [email protected] What are the benefits of offering premium products to your patients? Benefits Differentiating yourself from the competition Customer satisfaction Word of mouth referrals Expert ECP status Increased revenue Your Responsibility Know your product ◦ Can you answer THE question Know your customer ◦ Fashion vs Commodity Know yourself ◦ Do you have internal roadblocks? TOOLS Education Conversation Commitment EDUCATION You have to know what you’re selling ◦ Sales reps ◦ Trade publications ◦ Seminars ◦ Staff meetings ◦ Wear it! Education Patient Education ◦ Educating the patient can take time ◦ What types of tools do you use to educate the patient? Conversation How well do you know your patient? How do you find out what they need/want? What are some non-verbal clues? Can your patient tell a story? Can you show FABs? ◦ Feature: characteristic of the product ◦ Advantage: how it makes the product better ◦ Benefit: how it directly impacts the patient CONVERSATION COMMITMENT Premium products must be offered to every patient – more than once ◦ Where and how? ◦ Good, Better, Best Script it and make it your own COMMITMENT During the exam ◦ Professional responsibility ◦ Professional opinion ◦ Show and tell ◦ Write it down COMMITMENT After the exam ◦ The transfer is important ◦ Where do you start? ◦ Show and tell ◦ What tools do you use? What’s different about premium products and what are their benefits over standard products? PREMIUM AR TREATMENTS Highly technical advanced process AR vacuum chamber PREMIUM AR TREATMENTS Hydrophobic ◦ Hydro = water Oleophobic ◦ Oleo = oil Anti-Static ◦ Motion between the cloth and lens creates a static electrical charge PREMIUM AR TREATMENTS How do you know it’s a high quality AR treatment? COLTS testing ◦ Contact Angle ◦ Real Life Simulation Tumble Test Scotch Brite Foam Wheat Bran Sawdust 20/40 Grit O Cob 40/60 Grit O Cob Sand Emery CO LTS L a b o r a t o r i e s AR CLOTH RUB CYCLE HUMIDITY OVEN Desiccator set up for lens test CO LTS L a b o r a t o r i e s Oven CO LTS L a b o r a t o r i e s CYCLE HUMIDITY OVEN Delamination Crosshatch Adhesion Test CO LTS L a b o r a t o r i e s Conversation Can you name the FAB’s for Premium AR? What’s your line? PREMIUM PALs Customized for your patient Accuracy to 1/100th of a diopter Better peripheral performance Conversation Can you name the FABs for Premium PALs? What’s your line? POLARIZED SUN LENSES Light waves vibrate in all directions equally ◦ Non-polarized When non-polarized light waves reflect ◦ Polarized – only one direction Washes out color, reduces visual detail, and makes view uncomfortable ◦ Solution – eliminate plane polarized light POLARIZED SUN LENSES The optical sandwich Delamination issues Suspension method Ideal placement is between 0.4mm and 0.8mm Conversation Can you name the FABs for Polarized Sun Lenses? What’s you line? Computer Lenses Time spent in front of digital devices: ◦ 33% spend 3-5 hours ◦ 32% spend 6-9 hours ◦ 28% spend 10+ hours Computer Lenses Daily device use: ◦ ◦ ◦ ◦ ◦ ◦ Desktop computer – 58% Laptop computer – 61% Tablet or e-reader – 37% Television – 81% Video game console – 17% Smartphone – 62% Computer Lenses Focal points are for intermediate objects Modified lens power to relax the eye Larger field of vision Conversation Can you name the FABs for Computer Specific Lenses? What’s you line? Blue Light Reducing AR Blue light controls circadian rhythm ◦ Influences circadian rhythm ◦ Inhibition of melatonin secretion ◦ Ability to sleep Blue Light Reducing AR Reduces contrast, sharpness, and clarity ◦ ◦ ◦ ◦ Shortest wavelengths Highest energy Scatter easily “Visual noise Blue Light Reducing AR Reduces eye strain by reducing glare Selectively absorbs blue light Improves lifestyle quality Conversation Can you name the FABs for Blue Light Reducing AR Treatments? What’s you line? FRAMES Why are frames so much? ◦ Material ◦ Amount of handwork ◦ Embellishments ◦ Colorization and Finishing processes ◦ Brand or designer label ◦ Distribution method Conversation Can you name the FABs of the frames you carry? What’s your line? GROUP EXCERCISE Develop scripts for the features, advantages, and benefits of premium products Make them your own THE BOTTOM LINE Regular AR treatment - $100 Premium AR treatment - $175 Potential profit per job - $75 THE BOTTOM LINE SV Poly Fixed Tint - $160 SV Poly Polaroid - $230 Potential profit per job - $70 THE BOTTOM LINE Progressive Lenses - $250 Premium Progressive Lenses - $350 Potential profit per job - $100 THE BOTTOM LINE Just one additional premium product we discussed per day $245 x 4 days/week = $980 THE BOTTOM LINE What about in a year? $980 x 50 weeks = $49,000 CONCLUSION Everyone should be offered premium products People buy benefits Help them tell a story THANK YOU [email protected]
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