
An online sales consulting and training firm dedicated to advancing the quality of Senior Housing sales and marketing practices
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The Sales Source
A Monthly Publication from Mature Market Sales Source |
Volume 1, Issue 1
| January 2011
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Guest Expert Recap  Generating More Highly Qualified Leads... Katie Burckhardt, Senior Vice President of Sales for A Place For Mom, kicked off the 2011 MMSS Guest Expert series with a highly impactful Webinar discussing the value of referral leads and how to effectively develop relationships with referrals sources. Highlights included: - The value of generating professional referrals
- Most common challenges
- How to indentify a good source
- Developing an adjustable outreach plan
- Measuring results
Review the detailed Webinar Summary in this issue of The Sales Source
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NIC MAP 3Q10 Market Signal: For IL Properties, It's the Haves & the Have Nots1/7/2011
Recently released 3Q10 NIC MAP data reveals that IL occupancy rates are still in decline. The 3Q10 occupancy rate was 87.1%, which is down 30 bps from last quarter and 80 bps year over year. IL occupancy is currently at a cyclical low, although the pace of quarterly and annual declines has slowed recently.
"Source: NIC MAP® Data and Analysis Service"
Read the Full Article Here: NIC MAP
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Greetings!
Welcome to the first edition of The Sales Source - your source for current, effective & informative sales and marketing articles, tip, news and events designed specifically for Senior Housing Sales and Operations Professionals
Your feedback is important to us, so please let us know your thoughts and what you'd like to see in future issues. We welcome guest contributors so if you have an article you'd like to share, please see instructions for submissions at the end of this Newsletter.
Thank you for joining us and we look forward to providing you with great articles, tips and resources that you can use every day to improve your sales and occupancy.
Best regards,
Deena Neste & Stephen Wright Co-Founders
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 A Sales Fitness Workout Designed to Get You in to Sales Shape for 2011
The New Year is a great time to make a resolution or five in effort to stay in sales shape. It's highly unlikely that the market conditions and inevitably, the consumers' confidence will be back to "the old days," anytime too soon so it's time to face the new reality, put on your spandex "sales" suit and get ready to "Pump-it-Up"!
1. WORK FAST: That need driven consumer is going to choose between you or your competitors in 30 to 45 days. So start dead-lifting that telephone. Curl that pen to paper. Get your creative juices flowing and start closing!
2. OPEN THOSE EARDRUMS: When you have sales fitness you can breathe better and hear better. Mystery Shops continue to reveal our biggest sales weakness is listening. So close your mouth (besides that means fewer pieces of post-holiday fruitcake), and listen. It only takes 3-4 good questions to learn all you need to know. Commit to that 20/80 rule (20% talking and 80% listening)....now, suck in that gut!
3. PUSH UP THOSE TOUR RATIOS: If your Inquiry to Tour ratio is less than 60%, Read More
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What's #1 When Leaving an Effective Message?
Give them what they want first.... YOUR CONTACT INFORMATION! Show people you respect their time by not making them wait until the end of a lengthy message to get the "golden egg", your number!
While we're at this, here are a couple more quick tips worth mentioning.
Speak Clearly then Rinse and Repeat: Because our name and phone number are the one part of the "script" we have memorized beyond forgetting, we often spew through this critical information so quickly that the person who finally woke up after your lengthy message can't understand it or write it down fast enough. Be sure that you speak slowly, clearly and repeat your phone number a second time...just in case they didn't get it down the first time!
Keep It Short: Thirty seconds or less! When you hold yourself to thirty seconds it forces you to be succinct and to focus on the most important information...your call to action. Script it if you like but start off with "The Purpose of my call is", then tell them why you are calling, what they need to do, then repeat your contact information! The End!
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Generating MORE Highly Qualified Leads through Professional Outreach - MMSS Guest Expert Series
Katie Burckhardt, Sr.VP of Sales at A Place for Mom, re-established the value of professional referral relationships, identified current obstacles and challenges that prevent the cultivation of those relationships and shared proven processes that generate MORE leads when implemented. Ms. Burckhardt discussed how to establish quality outreach goals guided by current benchmarks and gave tips for creating a measurable outside sales plan that will create a strong pipeline for sales growth.
Outlined below you will read just a few of the key insights shared by Ms. Burckhardt:
FACTS:
1. Next to family and friends, professional referrals are the highest converting
lead source in Senior Housing.
2. Referral leads convert up to 4 times greater than other lead sources.
3. Referral leads have a 20-30% conversion rate and for every 10 qualified
professional leads, usually 2 move-ins results.
TIP: The 5 Top Reasons Referral Sources Don't Refer: Read More
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COMING IN FEBRUARY
"Ten Things You Can Do Right Now to Improve Your Street Appeal" Presented by: Guest Expert Dennis Boggio of Lantz Boggio Architects: The average age of an Assisted Living Community today is 8 to 10 years and Independent Living communities are now aging 12 to 14 years. Have you been putting off those refurbishments or are you a little behind on those much-needed capital improvements? Dennis Boggio of Lantz Boggio Architects will discuss the key things senior housing providers need to be thinking about in order to meet the discerning taste of today's senior housing consumer. Read More
Register Now! Click Here for a complete list of upcoming programs Schedule of Upcoming Webinars
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The Open Source - Feb 2011 Subscribing Members! Be sure to reserve your spot at The Open Source Feb 17, 2011. MMSS live Webinar forums are where you connect with other high-achieving leaders and sales managers. Get your questions answered, share your knowledge and benefit from e-networking with owners, operators, executives, sales managers, and sales counselors. This Month we will be discussing Benchmarks and Best Practices for Senior Living Sales.
The Open Source is limited to MMSS Subscribers. Only twenty open lines will be available per call but "listen only" mode is open to an additional 100 registrants. Register Here: The Open Source - Feb 2011
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- On demand Recordings of past Webinars
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