September 20, 2020  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs

 

How to Sell to Niche Markets

 

Selling to Orthopedic Practices

As the dust clears, orthopedic practices are gradually bouncing back from the Great Recession and are starting to reinvest. You're going to love this information you need to boost sales to orthopedic practices around the country.

Over the past several years, orthopedic practices have experienced moderate growth rates compared to other businesses.
(article continues below)

With diligence, hard work and a carefully crafted sales strategy on your side, it's possible to penetrate the market and receive an acceptable return for your efforts.

Review Mechanisms

It's also important to regularly assess your personnel and overall selling strategy. Internal review processes should be based on quantifiable data as well as direct input from orthopedic practices themselves.

If necessary, take action to reshuffle your strategy and team in order to accommodate changes in the marketplace.

Marketing to Orthopedic Practices

There are multiple methods for marketing your products to orthopedic practices. In addition to personal contacts, advertisements in relevant media combined with online marketing techniques can substantially boost conversions and revenue.

Many businesses find that direct marketing is a useful resource in marketing to orthopedic practices because it is a non-threatening resource for introducing their products to new customers.

The first step of a successful direct marketing strategy is to obtain a lead list from an established third-party provider like Experian Business Services, a company with a reputation for quality and service. From there, you can customize your direct marketing approach toward your company's strengths and perceived needs in the marketplace.

Customer Profiles

Emerging sellers in the orthopedic practice market are advised to create customer profiles before they invest in a specific sales strategy. A little industry knowledge can go a long way toward equipping your team with the tools required to convert high value orthopedic practice leads.

In this industry, it is especially important to develop a customer-focused approach. In general, orthopedic practices are very skilled at spotting B2B companies that are out of touch with the industry and many will hold out for more knowledgeable suppliers, even if it means paying a slightly higher price.

More Info on Selling

Given your interest in selling and in orthopedic practices, you might find these additional resources to be of interest.

Mailing Lists for Orthopedic Practices

Closing the Sale

Sales Lead Scoring

Cold Call Tips


Conversation Board

What strategies have you found to be most successful in marketing to orthopedic practices? We love to receive feedback from the industry and welcome your comments about the best marketing strategies in today's market.


Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Do You Own an Orthopedic Practices?

If you have an existing orthopedic practice, you are in the wrong spot. Try these useful resources:

Marketing an Orthopedic Practices

Selling an Orthopedic Practices

Want to Start an Orthopedic Practices?

If you want to start an orthopedic practice, we have some better resources for you:

How to Start an Orthopedics Physicians & Surgeons Business

More Guides on How to Sell to Niche Markets

If you are looking for advice on selling to a different company type, you will enjoy our list of sales guides below.

Browse more niche market sales guides:

 

 

 

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary