Thursday, July 8, 2010

Sales Meets Marketing

Marketing is a method by which sales opportunities are created. Marketing can bring you the leads, but if you can’t close ‘em, what’s the point?

I interviewed a young man for a marketing job the other day. He contended that his sales experience translated into marketing prowess. Not so fast…

I told him, without attaching superiority to either skill, it was like comparing a tournament fisherman to a commercial fisherman. One is more event focused; the other more process focused; both generate fish, or in this young man’s case, sales.

For the best salespeople, their skills are not natural. They’re trained – and train others – to sense when a buyer is in suspended disbelief (a good state by the way) or when they’re eager for you to get to the price. They’re trained to recognize when they’ve pushed internal ‘buy’ buttons, and need to bring out the proposal that second. The transition to the proposal should look as natural as breathing. Yet it’s ordered, intentional, and studied.

You can’t get this good by “winging it.” Training is the only way. It helps improve our marketing to homeowners and it’ll help you close more sales, at higher prices. Here’s how:

 Share your Summer marketing promotions with the entire staff at a weekly meeting. For July it could be your Summer Postcard Retention campaign. August can be an end-of-season Replacement Lead Generation. A simple plan is better than no plan.

 During the meeting, all must know where the ads are running. Make sure to “offer” details and deadlines (if you don’t use deadlines or limits, you’re losing lots of leads). Nothing is worse than a customer service representative (CSR) getting a call from an excited homeowner grasping a hot letter and responding, “I don’t have a clue what you’re referring to.” Buzz kill.

 All techs, salespeople, and CSRs must know your intended upsell for each offer. For example, water filtration from a leaking pipe, or an IAQ inspection that’s included with any service, or the maintenance agreement package included with an equipment upgrade. The logic is that if they enter the home with no upsell then they’ll either leave with either a standard or no sale. If given an upsell, they get one more level to raise average transaction size.

 Whether these sales close or not, you must follow up. Your CSRs and eager salespeople will follow up with a planned script to make sure needs are met, more information given, and referrals requested. The credibility gained by doing this – sale or no sale – guarantees your differentiation and future calls.

 Extra Sales Bump: The last sales follow-up comes back to marketing. This is where you send what I call the “unclosed prospect letter” to all fitting the description. We’ve offered this to clients for the past few years – though you can create your own – and their average sales rate from sending it is 4%.

See, it’s an intentional system. Whatever you’re offering this Summer, marketing and sales must work like a team. When they’re unified, the effect compounds to maximize leads, closing ratios, transaction sizes, and referral rates.

As you go through this Summer, you’ve got some economic jitters to contend with, and those are more easily overcome with planned sales responses. Likewise, your marketing can allay those fears, and as discussed here before, your marketing – not your retreat – will be more important this Summer than ever.

Let your sales and marketing combine its muscle to bring you more leads, richer sales, and happier customers. It’d be our pleasure to help you do that, now it’s up to you to do the rest.

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