The
Front Porch
Stuck
in traffic the other day (what else is new), I was listening
to the radio and heard a real oldie on the radio Hitching a
Ride. Remember that one? "Ride, ride, ride, hitching a
ride." That song was in the era of bell-bottoms, long hair
for men and youthful foolishness for everyone. It also was an
era where we were less prepared for life's lessons. Top
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Hitching
a ride. How appropriate for today's selling environment. How
many are just hitching a ride with a strong marketplace? How
many agents are actively selling homes? This is a question that
must be answered by both management and the sales agents themselves.
Too many agents are racking up awards and money just by being
in the right place at the right time. While this is gratifying
in many ways, it is also setting the stage for future failure.
LeBlanc
& Associates continually sees evidence of how this strong
market has negatively affected sales agents. Through both our
audio and video evaluation programs, we see two types of agents.
The first is what we know to be a good sales agent that has
become lazy. These agents no longer feel it is necessary to
show pride in their product and community through a demonstration
process. These agents no longer feel it is necessary to establish
the proper ground work for the sale through an effectivediscovery
and qualification process. They no longer feel it is necessary
to ask what is important to the buyers. They no longer feel
it is necessary to bring their home to life for the prospective
buyer. And they no longer feel it is necessary to ask for the
sale. Top
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We
also see agents who have never developed the basic skills. This
agent is earning good money. But this agent has one approach
to selling homes: "Hello. Here is our brochure. Here is
our price list. There are the models. I will answer your questions
when you return (maybe)." Boy isn't that an inviting atmosphere
to have someone want to buy your homes and live in your community!
This agent has become accustomed to selling from a priority
list. Line up and pick a number.
If
all an agent knows is the "accidental" sale (one that
would happen anyway, in spite of the agent) then how will that
agent ever move product in a normal or slower market? Like the
young hitchhikers, these agents are not prepared for life's
lessons when a different selling environment will inevitably
come.
LeBlanc
& Associates has been receiving more and more requests to
determine why a company's homes are not selling better. The
traffic is good. The product is fine. But why are we not selling?
Sometimes the request is for an exit survey.
Sometimes
we are asked to conduct a competitive project report. Most of
the time we are asked to assess the sales agent. Usually our
evaluation reports or video profiles will confirm management's
suspicions their agents either have become lazy or the agent
never had the skills to begin with. Top
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But
a word of caution here for management. Have you been actively
supporting your sales agents with training and training material?
Whether
it be one-on-one time with your sales agent in the field, training
sessions in your sales meetings, a Sales Tutorial® from
LeBlanc & Associates, or bringing in an outside trainer,
you must give that agent every opportunity to succeed. The performance
evaluation report is part of that process. When you call us
to assess an agent, we do hope that the report is used as a
training tool. Of course the true sales professional will not
rely solely on management to enhance their selling skills. A
true sales professional will seek their own way to continually
improve their sales performance.
Sales
managers, make sure your agents are prepared for the sale. Remember,
hitching a ride went out with long hair and bell-bottoms! Hitching
a ride will never replace having your own transportation and
planning your own course to success. Give us a call!
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Top
Ten Rules of Successful FollowUp
By
Marianne Weissinger
Computers For Tracts
Follow-up
is one of the most common problem areas for builders. Are your
salespeople following up as they should? Below are ten "follow-up"
rules to help you increase conversion ratios and make more sales.
Top
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Follow
up must be easy or it won't get done. You must give your sales
staff the proper tools so that they won't be overwhelmed by
the follow-up task. Perhaps the best way to ensure an efficient
follow-up system that salespeople will be inclined to use
is to automate the task. With an automated follow-up program,
your salesperson need onlyenter a prospect's information one
time. After that, follow-up letters can be automatically generated,
and salespeople can mail merge the pre-written letters from
their prospect list and print them off with one or two clicks
of a mouse. Top
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Follow-up
must have support from the top. The success of your follow-up
program depends upon the management of your company. Upper
management must put a priority on developing guidelines for
salespeople to follow and enforce them consistently. They
must commit sustained resources to the task and equip their
salespeople with the necessary tools to follow up efficiently.
-
Register
every visitor - no exceptions! This even applies to those
who say they are "just looking." By entering each
and every guest, your salespeople will eventually compile
a treasure trove of follow-up opportunities, and your company
will build a database of valuable information for traffic
reports, demographics, etc. Later, when the prospects are
converted to buyers, you'll have a complete history of your
activity with that customer.
-
Follow-up
activity must be monitored. Your sales managers must be able
to quickly and easily monitor each salesperson's follow-up
activities. With an automated program, your salespeople can
print out a status report of their follow-up activities and
bring this week's follow-up letters to the sales meeting for
the sales manager to initial. This beats having the sales
manager visit each site to check follow-up records individually.
-
Assign
each salesperson a goal. Your sales manager should meet with
each salesperson regularly to establish follow-up or conversion-rate
goals and objectives. You can award incentives to salespeople
meeting or exceeding their objectives. Top
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-
Classify
each prospect by their likelihood of buying. Your company
should adopt a classification system by which your salespeople
can categorize all prospects based on their likelihood of
buying. An example of a common system builders use is the
"A," "B," and "C" categories.
"A's" are ready, willing, and able to buy. "B"
prospects are ready and able to buy, but still need encouragement.
"C's" are ready and willing to buy, but may not
qualify financially. When using an automated system, make
sure the program you use can tailor a follow-up program based
on your own classification system.
-
Use
the telephone as well as letters. There's power in a person's
voice, and a letter alone won't come across as warm as a personal
phone call. Often salespeople have "call reluctance,"
an obstacle you must help them get beyond. Make sure your
automated follow-up program allows salespeople to make notes
on the phone calls in each customer's record. The program
should be as easy to record and schedule additional calls
as one or two mouse clicks.
-
Make
follow-up a priority at weekly meetings. At each sales meeting,
remind your sales staff that even though business may seem
good, it could be even better. Consider incentive programs
such as contests rewarding salespeople with the highest conversion
ratios. Salespeople who have the greatest number of prospects
in the pipeline will have the greatest insurance against any
future declines in sales. Top
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-
The
"Buy or Die" philosophy. Sales trainers often teach
that you should follow-up with every prospect until they either
buy from you or die. While that may be somewhat of an extreme
viewpoint, it certainly illustrates the importance of persistence.
Some of the most successful salespeople tell stories of prospects
returning to their site years later to buy a home from them.
So continue to send your follow-up letters until your A, B,
or C customers buy a home from you, buy from someone else,
or it is clear they are not going to buy at all.
Follow-up
- It's not just for prospects! When is it time to stop following
up? Never! Once your customers sign the purchase agreement, they
still need a lot of guidance during financing, options selection,
walk-through, and those inevitable service requests. By following
up 30 days, six months, and one year after move-in, you'll help
ensure customer satisfaction and improve your referral ratios.
Make sure your automated program can be fully integrated into
your customer service program. We've seen builders increase their
sales, productivity and conversion ratios when they begin to make
follow-up a priority. Your company can do it, too!
Marianne
Weissinger is regional coordinator for Computers for Tracts, the
leading provider of builder customer relations software with tools
for prospect follow-up, customer care and home warranty, sales
and escrow processing, and sales and traffic reporting. For more
information, call (800) 523-9357.
Eat
What You Kill
A
parable for new home sales professionals
It was a very good year in the jungle.
The Lion, King of the Jungle,
Lord of all he could see, was happy.
Game was plentiful.
They were easy.
In fact, this season,
there was more than enough game.
Very little effort was required of the Lion.
Very little chase.
The antelopes seemed in a frenzy.
They were foolish.
They seemed, even, dumb.
They had lost their natural timidness.
They were like lambs to the slaughter.
Only they were not lambs.
They were bucks. And doe. Top
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Bucks
and doe were easy to come by.
The Lion just picked off the easy ones.
And only ate the prime portions.
And forgot staging the hunt.
Ignored those who bolted.
Let his claws go soft.
And his teeth go dull.
Never chased the bucks. Nor doe.
And unlike even the foolish, frenetic squirrel,
Did not put anything away for another day.
Eating
what he killed, Top
of page
The Lion ate well.
But left the jungle littered with his leftovers.
Dead bodies. Foul odors.
This intimidated other prey.
The Lion, grown fat and lazy,
The Lion, King of the Jungle,
The Lion, Lord of all he saw,
The Lion chose to change his scenery.
And left his jungle for a brief respite.
A sojourn.
The
Lion, King of the Jungle,
Lord of all he had seen, looked away.
Looked for a resting place.
To sun. To relax.
To reflect on his majesty
On his prowess, his importance,
and his skills of the hunt.
But he was not hunting.
He had left the hunting grounds.
But only for a change of scenery.
When
he returned, the scenery of
his own jungle had changed.
The game had changed.
Bucks were more scarce.
Doe, also. But just a little. Top
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However,
Young lions had moved into the region.
They had not become fat. Nor lazy.
They were sharp of fang,
and masters of the claws.
Also, each had the heart of a lion.
The old Lion was confused.
He blamed the game for changing.
He roared: "This is my territory.
Always was. Always will be."
Young
lions, involved in their own hunt,
Did not hear him.
Or could not. Or would not.
The old Lion roared.
He threatened.
No one paid attention.
Nor respect. No one heard.
The
old Lion began to whine.
To feel sorry for himself.
He grew hungry.
His strength waned.
His will ebbed. He grew tired.
Tired and then angry.
Then
too angry, then too tired.
Then too angry to be tired.
Then too tired to be angry.
Then simply tired of being angry.
Then just tired.
He
suffered. Top
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Then
the winds changed, and the rains came.
The times, too, were changing.
But times always changed,
Did they not?
But this lion may not survive,
Maybe not until they changed back,
Until good times returned.
He
was tired and growing old.
And angry. And hungry.
He had not saved any bucks, nor doe
Or had saved too few.
He had lost his edge
And his hunting ground.
And his will.
He
was irrelevant.
His tears began.
If only he had kept hunting.
Stayed sharp, saved a little doe.
Had not left the hunting ground when hunting was good.
If
only Top
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If
only he had remembered HE WAS A LION.
Born to hunt, and good at it.
Supposed to chase, and built for it.
Meant to plan his hunt.
And clever enough to do so.
He was destined to "eat what you kill."
He could not kill. He didn't eat.
"Next
time there are good times," he thinks
"Next time, I'll do differently."
Next
time of good times, he does the same.
There will always be a next time.
This lion, who had been King of the Jungle
Who had been Lord of all he saw,
May not be there
Next time.
David
Harding Top
of page
Dave
Harding is Director of Marketing & Sales at Kaufman &
Broad, a national trainer of new home salespeople, and a tongue-in-cheek
observer of the homebuilding business.
Telephone
520/577-7007
Fax 520/299-2725
Email: DHarding@kbhomes.com
Perception
Is Everything
Although
two competing candy shops had the same prices, neighborhood
kids preferred one store over the other. When asked why, the
kids said, "Because the 'good' store always gives more
candy. The girl in the other store takes candy away." True?
Not really. In the "good" store, the owner would make
sure to put a small amount of candy on the scale, then kept
adding to it. In the "bad" store, the owner would
pile a heaping amount of candy on the scale, and then take it
off until it hit the right weight. The same amount of candy
was sold, but perception is everything.
How
do prospective buyers perceive your homes? Are they the "good"
homes or the "bad" homes? LeBlanc & Associates
can conduct Exit Surveys at your communities to determine how
prospective buyers perceive your homes. Give us a call!
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What
is a picture worth?
Many
companies have been requesting a series of video shops for their
sales teams. LeBlanc & Associates now provides this valuable
service. Through a full video presentation, we take the denial
aspect out of the evaluation process. Give us a call!
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