seize the opportunity at the point of sale. *preparation notes* you will see several of these...
TRANSCRIPT
Seize the Opportunity at the Point of Sale
*Preparation Notes*
You will see several of these *preparation notes* slides throughout the presentation. Read them carefully as you prepare your presentation. Once you have read them and customized your presentation, remember to delete them. They should not be part of your live meeting presentation.
Be sure to include and determine a role for your GSM is these meetings. (Helping to flipchart responses, rolling up the numbers for the conversion activity, contributing to the discussion and adding their own reinforcements to your key points.)
There are 3 short videos that are a critical component of this presentation. Follow the instructions provided on Managers’ Best Practices for downloading and playing the videos.
* Delete this slide before presenting *
Also throughout the presentation please make note of the ‘Distribute Handout(s)’ text box to prompt you when handouts are needed.
You will need to make copies of the following: –Point-of-Sale Key Actions Score Sheet (3 per person)
– Lead the Way with Confidence placards (1 set per person)
• Weichert Difference Key Actions at Open Houses
• Weichert Difference Key Actions on the Phone
• Weichert Difference Key Action in the Office
* Delete this slide before presenting *
*Preparation Notes*
Distribute Handout(s)
Our Agenda for TodayOur Agenda for Today
• A Significant Business Opportunity
• Being Different: What it Means and Why it Matters
• Small Details Make a Big Difference
• Key Actions at Initial Point of Contact
Point-of-Sale Discovery Point-of-Sale Discovery MeetingsMeetings
Last time we met, we introduced focus on the Point of Sale and the opportunity we have.
Thank you for your participation!Now that every sales associate in the company has had a chance to discover and already start to act on the Point-of-Sale opportunity, we want to take it a step a further…
*Preparation Notes*Refer to the daily tally to get the Year-to-date leads from Open Houses and WLN for you office. Insert this data into the next slide.
Have index cards set out in advance of the meeting. When facilitating the next slide, you will be prompted to instruct the associates to write down on the index card what they think their individual conversion rate is on these leads.
Ask for a volunteer to add up the responses and calculate the average. You will come back to this later in the presentation.
* Delete this slide before presenting *
Let’s pick just 2 lead Let’s pick just 2 lead sources . . .sources . . .
Year-to-Date, we have in total for our office• XX Leads from Open Houses• XX Leads from WLN
X,XXX Buyer-
Generated Leads What do you think your conversion rate is on these leads? Write it down and pass it up. No names please. Just X%
What Is Your Conversion What Is Your Conversion Rate?Rate?
• Let’s collect the cards and average them out.
• Could someone volunteer to add these up and divide by the number of Associates who provided a % guess?
• I’ll come back to this in a few minutes.
Perfecting the Point-of-Sale Experience
Every Associate, Every Customer, Every Time!
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Name an internet company, outside of real estate, that’s known for its superior customer experience on line.
Outstanding Internet Outstanding Internet CompaniesCompanies
So, what makes them so different?
Name a retail company that has a premium reputation with the consumer.
An Outstanding Retail An Outstanding Retail CompanyCompany
So, what makes them so different?
*Preparation Notes*
Here are some examples if the group is struggling to share examples of what make Zappo’s or Nordstrom’s so different when it comes to superior service:•Zappo’s:
– Free overnight shipping upgrades for orders of a certain value– Easy and free exchange and return procedure– Personal shopper services online from remembering birthday
and past products ordered
•Nordstrom’s:– Friendly responsive service– Takes picture of you and your child purchasing first pair of shoes
* Delete this slide before presenting *
From a general consumer perspective, name a real estate company that stands out among its peers as providing a superior customer experience.
We have a real opportunity to differentiate ourselves among real estate companies and make You and Weichert the premier brand..
What Makes You Different?
“People buy people before
they buy product or service.”
Jim Weichert1969
*Preparation Notes*
Prepare to tell a personal story from your real estate career as a sales associate or as a manager that illustrates a dream come true for one of your customers. Tell a compelling story that focuses on the emotional aspect of the customer’s experience.
When facilitating, the next slide will be your prompt to share your story.
* Delete this slide before presenting *
What Other Company is What Other Company is Known for Making Dreams Known for Making Dreams
Come True?Come True?
Cast Member Making a Cast Member Making a DifferenceDifference
Doing her part to create
smiles for guests young
and old alike. A
merchandise hostess
welcomed guests along
Main Street, USA with a
great smile…Posted on Disney Parks blog, August 10th, 2010 by Gene Duncan
A Smile Makes Big A A Smile Makes Big A DifferenceDifference
• Smiles are so important to Disney that that they evaluate ‘cast members’ smiles.
• It seems very basic.• But actually it’s their
commitment to all of the “small” details, including a smile, that sets them apart.
Small Details Make the Small Details Make the DifferenceDifference
What are some of the small details at any point of sale that make a big difference with customers?
Let’s flipchart your responses…
Essential Details at the Essential Details at the Initial Point of ContactInitial Point of Contact
In our first Point-of-Sale meeting, we asked you to narrow down the key actions that should take place every time at the first point of contact.
Here are the key actions that were identified . . .
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1. Greet and Smile (Warm, friendly, likable. Give your name.)
2. Gather contact information (full name and phone number)
3. Ask, Listen and Learn
4. Show What You Know
5. Close (on the house at the open, for an appointment in the office or at their home, etc.)
Key ActionsKey Actions
Seeing the Key Actions “in Seeing the Key Actions “in Action”Action”
1. Let’s take a look at a video and see how well an associate demonstrates the key actions at the point of sale.
2. Use the “score sheet.”
3. I want to hear your feedback and your score for this sales associate so take careful notes!
Distribute Handout(s)
Key Actions on the Key Actions on the PhonePhone
Play Video
Your Observations and Your Observations and FeedbackFeedback
• How did you score the sales associate? Let’s tally it up for an average score.
• What did you think the associate did well?
• What suggestions would you have to improve the customer experience?
Engaging Customers at Open Engaging Customers at Open HousesHouses
After you greet the customer and introduce yourself, what questions do you ask to get
the conversation going?
Seeing the Key Actions “in Seeing the Key Actions “in action” action”
at an Open Houseat an Open House1. Let’s see if some of these
questions you just shared are included in this next video.
2. Use the “score sheet.”
3. I want to hear your feedback and your score for this sales associate so take careful notes!
Distribute Handout(s)
Key Actions at Open Key Actions at Open HousesHouses
Play Video
Your Observations and Your Observations and FeedbackFeedback
• How did you score the sales associate? Let’s tally it up for an average score.
• What did you think the associate did well?
• What suggestions would you have to improve the customer experience?
The Key Actions “in action” The Key Actions “in action”
with a Walk-inwith a Walk-in1. Let’s see how these Key
Actions play out with a walk-in customer . . .
2. Use the “score sheet.”
3. Take notes as you observe and we’ll discuss your feedback.
Distribute Handout(s)
Key Actions in the Key Actions in the OfficeOffice
Play Video
Your Observations and Your Observations and FeedbackFeedback
• How did you score the sales associate? Let’s tally it up for an average score.
• What did you think the associate did well?
• What suggestions would you have to improve the customer experience?
*Preparation Notes*• Take the total leads from Open Houses and WLN Year-to-
Date and divide it by the number of revenue units Year-to-Date to type in the actual conversion % in blue text in the space provided on the next slide.
• When facilitating this, hold up the collected index cards with each Associate’s guess for their conversion percent. Share the average % (if you have someone to add up the numbers and divide by the number of Associates who provided a number).
• Or call out the percents so Associates can hear what Associates were thinking for their conversion percentage.
* Delete this slide before presenting *
Remember the Open & WLN Leads?
You said your average conversion rate was . . .
_______%
Your actual conversion rate was . . .
XX%**Based on a total of XX rev.
units for this group
There was a total of X,XXX LeadsThere was a total of X,XXX Leads
If we focus on the point of sale, do you think we could positively impact our conversion rate?
*Preparation Notes*The next two slides will give you an opportunity to explain how our focus on the point-of-sale key actions factor into 2011 business planning. If you have not done so already, review the Planning Day materials on Managers’ Best Practices. Consider using time at the end of this meeting to have associates sign up for their one-on-one business planning session with you. You may want to use this meeting as your Planning Day theme to continue the focus on perfecting the point of sale and closing for more appointments.
– Have a sign-up sheet that lists available time slots– Or, if you are having small group meetings have them schedule their appointments as a call to action item.
Enter in the 2% associates earnings from your Discovery Meetings slides. Remind associates about this opportunity. Also, reflect back on the conversion exercise. Determine as an office what conversion percentage increase you will work towards.
* Delete this slide before presenting *
How will you factor perfecting the point of sale into your 2011 business plan?
Planning for 2011Planning for 2011
$
Average Associate Earnings Opportunity with
2% Increase in Open House and WLN Lead Conversion
Average Associate Earnings Opportunity with
2% Increase in Open House and WLN Lead Conversion
Perfecting the Point of Sale Perfecting the Point of Sale
Our Goal for 2011Our Goal for 2011Our actual conversion rate was . . .
XX%**Based on a total of XX rev.
units for this group
Our conversion rate in 2011 will be . . .
_______%
“If everyone is moving forward together, then success takes care of itself.” - Henry Ford
Do I Have Your Do I Have Your Commitment?Commitment?
Here are some reminders on using the Key Actions at Opens, on the Phone and with Walk-ins.
Distribute Handout(s)
Next StepsNext Steps
• Embrace these key actions to differentiate yourself at the initial point of contact and provide our customers with consistent superior service.
• Be open to practicing and trying new ways to perfect the point-of-sale experience.
• Give me your feedback and new ideas on how to keep this going and working in our office.
• Share your success stories.
Thank YouThank You47
Your open, honest feedback and contribution today is invaluable
We appreciate you . . .
Making the Weichert Difference!