Hello, first of all my name is David Young. I am brand new to this forum and I would like to introduce myself. I am currently 20 years old, I've been in sales for over 4 years now, and I just recently got a new job with an advertising company. I've worked here for a week and a day, my first week I climbed from being absolutely nothing to a ranking of 13th place with about 35 sales reps on the floor. Now many people would find this acceptable however the top salesman as of right now made 5x more than me in that one week. I want to increase my sales to a point where I feel content.
The company I work for markets and advertises timeshares to companies and corporations that use them for annual conventions. My job is to call owners of timeshares and have them advertise with us.
Here is the script I've been using thus far and I have almost memorized it. However, as soon as I end the presentation and ask for the sale, I get the "Ehhhh, I need a little more time to think about it" and/or "I need to talk to my significant other before we continue". I would like help with the approach I'm using, any suggestions, criticisms, help is much appreciated.
Script-
Hello, may I speak with a Prospect. (if it is the Prospect ont he phone) Great my name is David Young, I am a portfolio manager at My Company. The reason I'm calling is because we're interested in your timeshare with the Resort that they own and I wanted to know if you would be interested in renting out or selling your property at a profit? (yes) Fantastic, I would love to help you out with that. I'll tell you what why don't you grab a pen and a piece of paper and we can find out together how much your property is worth. (O.K.)
(At this point I will get information from them regarding their property and give them a quote on the selling or rental price)
Now would this amount get you out of the market? (yes) Wonderful, now I'm going to tell you about our company. In essence what we do is market and advertise for the rental and sale of timeshares to companies and corporations that use them for annual conventions. The way it works is you maintain full control of your property. These companies and corporations will contact you directly with all their offers, you have the option to accept, decline, or negotiate offer. So for example one of these companies will call you and say "Mr/Mrs. Prospect, I want to buy/rent your timeshare for blank amount of money". What ever offer you accept is exactly what your receive. There are no commissions or broker fees at the point of rental or sale and once you have an offer that's acceptable to you, your job is done. Are you with me so far? (yes I'm with you)
Now the way we advertise is through classified ads with the USA Today. Last time I check they had over 5 million subscribers nationwide and 25 million internet viewers. We own and operate our own website which markets your property 24 hours a day 7 days a week globally. We hold over 35 conventions and trade shows every year. We advertise on cable television on such channels as TLC, A&E, Bravo, Lifetime, and the Travel Channel. We are a member of the BBB and have been for the past 7 years with no customer complaints as well as the American Resort Development Association. Now, I'd love to have your property listed within the next 24 to 48 hours so we can both make a profit. Does this make sense? (yes) Fantastic, let's get this deal done!
Now, we used to provide our services for free because that's how confident we are that we'll get your property sold/rented. But, what started happening was after we would list and market their property they would call us back once they started receiving offers and tell us out of the blue "You know what David, we want to keep our property as of right now". So we spent all that money to advertise their timeshare only to have it backfire on us and we ended up losing money for nothing. Does this make sense? (yes, that's terrible) So we do charge a one-time non-recurring marketing fee. However, we do provide a gift for you of equal more or less value as well as a money back guarantee. It is a vacation of your choice you can choose from anything between a cruise for two, a fly away destination for 2, or a resort of your choice. Everything is fully paid for meals, expenses, travel, everything. It is an open voucher, so if you don't have the time to take a vacation at this moment you can give it to a friend or family member, or even sell it for 100% profit to cover the upfront cost to market your property with us. Does that make sense? (yes) O.K. now which vacation were you more interested in the fly away destination for 2, the cruise for 2, or a resort of your choice?
(At this point most prospects will choose from the 3 mentioned above or they will say something along the lines of not being interested in a vacation or they start questioning how much the upfront cost is. If they tell me a vacation choice I will than list more benefits and locations of their particular choice and go to this....)
Now as I've said this vacation is absolutely free of charge and I can turn your property around within 30-50 days for the price of Quoted Price in the beginning of presentation, in your pocket within 30-50 days. This is the best part you have a choice between a Bronze, Silver or Gold package. The only difference between these packages is the amount of dedication and time we will put into turning your property around. The Bronze package is $699, the Silver is $899, and the Gold is $1299. Which package would you like to proceed with?
(End of presentation. After I ask which package to proceed with is when I start getting "Ehhh, I need to think this over" "I need to talk with the family first" "I need to talk to my significant other" "I have your phone number, I will give you a call")
How can I get the sale right than and there without having to deal with callbacks or "think it overs". I've told them every benefit, all the information, built up as much value in our service as humanly possible and I can't seem to close. Any guidance is very much appreciated. This has only been my first day using this script that I've created so maybe I'm thinking too much of it and just need to be persistant. However, I felt as though I should have closed these clients and I feel a little frustrated for not doing so. I am calling them back but, I'm not sure my presentation will be as strong the second time around. Any guidance/help is much appreciated. Thank you for your time.
Oh, and I'd like to add that throughout my presentation I keep a calm confident tone especially during the close and I answer any questions they may have throughout the conversation. The above example is just that, an example of a typical presentation.
Are you with me? -Are You With Me
Our research has shown 76% of sales presentations are out of sync with buying decisions. When making a major purchase decision, your customer goes through a process of five sequential decisions.
1. SALESPERSON. Customers decide if they like and can trust you.
2. COMPANY. What is your company's reputation? Is your company a good match for them?
3. PRODUCT. Is your product the right solution for their needs?
4. PRICE. Is your solution competitively priced? Is it a good value?
5. TIME TO BUY. Is now a good time for them to move forward with the purchase?
These decisions are always made in the same order. Only after the first two decisions are made will the customer seriously consider whether to buy your products.
This means that you need to sell yourself to the customer—by building rapport while conducting a good needs assessment—before you begin to sell your company and its capabilities. Not coincidentally, that needs assessment will also allow you to sell your company far more successfully. Why? Because you must first understand your customer’s needs, before you can answer the customer’s most important question about your company.
You must understand the customer’s needs before you can effectively sell your company.
In deciding whether to do business with you, customers have three basic questions about your company:
What does it do?
What is it known for?
Is your company a good match for mine?
The first two questions usually can be answered with a rehearsed sales presentation that explains what your company does and the benefits that other clients have gained from doing business with you.
The third question is most important, however, and you cannot answer it with a generic presentation that relies on standard information. To persuade customers that your company is a good match for theirs, you must tailor your answer to their specific needs.
The best way to do this is to tie your company presentation directly to needs that you uncovered earlier in the sales call. You thus are able to present your company’s capabilities as solutions to the customer’s key problems and opportunities.
For Example:
“You told me earlier that service from your current supplier is taking more than 24 hours and that this causes you problems meeting your production goals. We would be a good match for you because our service response averages less than four hours. With our company handling your service you will find it far easier to achieve your goals.”
“Are we a good match?” is every customer’s most important question about your company. You cannot answer it before you have uncovered, understood, and agreed upon the customer’s needs. “Sell yourself” first by demonstrating that you care about those needs. You’ll be amazed at how much more effectively you can then sell your company. -SalesTraining2