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Honest conversations with the people shaping the future of dentistry. From practice owners to industry disruptors, we dive into real stories, smart strategies, and behind-the-scenes insights you won’t hear anywhere else. No fluff—just the ideas and experiences that move dental practices forward.

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3 Major Trends in Dental Supplies Ordering

In this wide ranging conversation we cover many topics: 

Trend 1: One of the most significant trends I’ve noticed is the increasing popularity of buying groups.

  1. When evaluating a group, dental practices should ask the following questions related to their negotiated formulary:
  • Which manufacturers offer the deepest discounts?
  • How often are discounts negotiated?
  • Is pricing volume-based?
  • Does the buying group negotiate a percentage discount or a fixed price per product? (We recommend the latter.)

Trend 2: Labor costs are driving the adoption of tools that reduce manual work. This trend is evident.

  1. When selecting the right ordering platform for the practice, several considerations are crucial:
  • Data ownership: Ensure the practice owns all data and can access the entire database at any point.
  • Setup cost: There shouldn’t be a setup cost to start using an ordering platform.
  • Trial period: Request a free trial to assess usability before committing.

Trend 3: Private practices are becoming savvier about where to save and are utilizing their freedom to invest in products that make a difference.

03/05/2024

12:07

Chapters

[00:55] Introductions 

[13:16] Looking for an associate. Avatar of the Ideal Associate for Ayrat, Andy, and Winston  

[19:17] Challenges and Goals 

[22:23] Why do you need an associate if your hygiene schedule is not full? 

[23:32] The Business side of dental emergencies 

[28:20] Marketing Strategies 

[32:06] “I see a lot of our friends selling”

[32:10] Passive Income in Dentistry, Myth or Reality? 

[35:27] Not Practicing Dentistry and Invest in real estate 

[37:40] Real Estate VS Dentistry 

[42:18] Construction Challenges 

[43:56] Latest Technology Purchases

[51:02] Working with In House Marketing Team 

Reference

We come across the following groups the most: