Mature Market Sales Source


An online sales consulting and training firm dedicated to advancing the quality of  

Senior Housing sales and marketing practices


The Sales Source

A Monthly Publication from Mature Market Sales Source

Volume 1, Issue 2
March 2011
In This Issue
March Webinar Schedule
Dwayne Clark, Senior Living Sales
Confessiona of a Mystery Shopper
Quick Tips
Independent Living Occupancy
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Dwayne Clark, Aegis Living

 

dwayne

 

Discusses benefits of outside-industry sales training

 

 This issues of The Sales Source





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Guest Expert Webinars  

You Won't Want To Miss



Hiring Top Sales, Using Storytelling to Sell, Design Facelifts and Expert Referral Source Outreach are all topics for Mature Market Sales Source Guest Expert Series.  See what's coming in March and reserve your space today!  

 

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Missed the Launch Party?  No worries...  

ribbon cut

Watch the recorded Broadcast Here!  

 

Launch Party Broadcast 




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 NIC Research Insights

Seniors Housing Continues to Give Mixed Signals

 

2/11/2011

Seniors Housing Continues to Give Mixed Signals In recent months, the economy has given mixed signals about the strength of its recovery. The stubbornly high unemployment rate has showed signs of declining, albeit slowly, and in January declined to the lowest level since April 2009.  On the other hand, the housing market continues to show signs of weakness, and prices are expected to continue declining well into this year. Not unlike the general economy, seniors housing continues to show mixed indicators as to when the sector will recover.



"Source: NIC MAP® Data and Analysis Service"

Read the Full Article Here: NIC MAP

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Archives

Monthly Newsletter
The SALES SOURCE - January 18, 2011

Weekly Posts
The SALES FLASH - Feb 17, 2011
The SALES FLASH - Feb 8, 2011


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Greetings!

We would just like to say thank you for such a tremendous response from so many of you following the launch of Mature Market Sales Source.  Your stories, your challenges and your successes have been an inspiration for us and we will work to share your success with our readers.

Our goal is to provide the senior living industry with great resources that enhance sales and marketing success.  Whether it be training, coaching, sales tips or data, we are dedicated to helping you reach your sales goals as a community or a company. 

Thank you for joining us and we continue to look forward to your feedback and success stories.

Best regards,

Deena Neste & Stephen Wright
Co-Founders




 
coaching  

Dwayne Clark Speaks on Benefits of Outside-Industry Sales Training  


"In order to prosper and grow, we, as an industry, need to think differently about our approach to senior living sales and the only way to think different is to look outside our industry for new ideas."  Stated Dwayne Clark, President and CEO of Aegis Living, as he addressed an online audience January 19th, 2011.

 

Clark spoke about the current state of senior living sales and marketing, while officiating the Mature Market Sales Source Ribbon Cutting.  During his presentation, Clark made a hard case for industry leaders and professionals to start looking to outside training and innovative resources in an effort to advance the industry's waning occupancy.

 

Studies show niche industries that realize extreme success can become cocooned and stuck in their own paradigm.  What was once truly innovative can become obsolete causing sales to flatten or even turn downward.  By reaching outside the industry for fresh new ideas and effective training, as Clark has done with Aegis, senior living communities can be exposed to a much greater pool of influence and innovative ideas begin to flow once again.

 

Clark emphasized, "It doesn't matter if your community is 6 months old or READ FULL ARTICLE

confessions
Confessions of a Mystery Shopper: Part I: The First Impression Always Sets the Tone for the Entire Experience

By: Deena Neste, Co-Founder, Mature Market Sales Source

 

Do you truly understand your customer's experience?  Do you see what they see?  Hear what they hear, feel what they feel?  If not, you need to step in their shoes and do a little research.  Each month, I will share with you a few insights from the results of the over 200 mystery shops I conduct every year.  The results will astound you. 

 

Part 1: Let's start at the beginning of the Sales Process, the Telephone Inquiry and often our customer's First Impression!

 

Picking up the phone to call a senior living community can be a daunting moment for a new prospect or caregiver but these can be THE BEST selling moments for our communities.  It is our opportunity to shine.  But how often we truly shine depends on the expectations we set and how we prepare our entire team for success. 

 

As a Mystery Shopper AND real-life influencer for my own Grandmother, I find that my first call usually sets the tone for my overall experience with a community.  Whether I realize it or not, I have an immediate impression and gut feeling based on how I am greeted.  It's easy to understand what makes a good impression:

  • The phone was answered in a happy, positive, "I'm glad you called" way.
  • There was an offer to help or find someone who could help.
  • I was asked a few key questions to help me determine I had called "right" place.
  • Someone explained how I would be helped, who I would be transferred to or who would call me back and when.
  • I was not put on hold "forever" or bounced around to several extensions.
  • A "connection" was made, even if it meant I needed to wait for a callback for more information.

   So, how is the senior living industry doing with first impressions?  SEE RESULTS & READ FULL ARTICLE 



Quick Tips for Improving First Impressions

The First Impression is a Make or Break moment for our prospects so we need to make it count EVERY TIME not just some of the time.  Here are some tips to make EVERY first impression a POSITIVE impression: 

 

1. A little training goes some of the way -

  •  Ensure everyone, I mean everyone, on the team understands why it is important to make a great first impression on every call that comes in to the community. 
  • Make it a policy that no one answers the phone without training.
  • Make it a policy that everyone is expected to shine when they take a call.

2. A lot of scripting goes most of the way -

  • Provide inquiry scripts for the entire team so they can be successful.
  • Practice and rehearse those scripts at staff meetings and stand-ups.
  • Provide inquiry prompt sheets and forms at every telephone for easy "no excuse" access.

3. A little mystery shopping (even on your own) goes the distance -

  • Record your mystery shop calls and share the results.  When everyone can hear the results - it makes the point!  Be sure your State allows 2 person call recording or simply get written consent from all employees  Contact us for tools & resources 
  • Celebrate your successes!  Recognize and reward a job well done.  Show your team what a difference they make to the community but most important, to our future customers!  

 

IL
Independent Living Occupancy:
The Elephant in the Closet! 

By: Stephen P. Wright, Co-Founder, Mature Market Sales Source 

 

It really hit me the other day when I saw the National Investment Conference data on the breakdown of senior housing by care level. There at the top of the heap was Independent Living. Far outpacing assisted living and dementia care, Independent Living Units (Apartments) represent a big piece of the pie.

 

So what's my point? I am afraid for about 75 percent of those Independent Living Providers. The worm is turning and independent seniors are turning down these products in droves. You know the reasons too; the building is 12-14 years of age and looks it, the activity program is maybe a step or two above a skilled care program and perhaps the worst part is that your aging in place program has turned IL into AL and it too late for many to turn back.

 

Don't take my word for it; take the word of our consumers. Seventeen of the last 18 quarters has shown declines in IL occupancy. The customer speaks and she speaks with her checkbook. That check is being written to home care agencies to keep Mom at home, or for rent at a progressive senior community that embraces what today's senior wants.  READ FULL ARTICLE

 



Webinars You Don't Want To Miss!
COMING THIS MONTH

   

March 4, 2011 - Generating MORE, High Quality Leads Through Professional Outreach 

REGISTER HERE 

 

Learn to generate MORE leads from the highest converting leads sources -  professionals who work with seniors. Re-establish the value of professional referral relationships, identify current obstacles and challenges that prevent the cultivation of those relationships and share a proven process that WILL generate MORE leads when implemented.  This process will help participants establish quality outreach goals guided by current benchmarks that WILL result in sales growth.   

 

Guest Expert: Katie Burckhardt, Senior Vice President of Sales, A Place For Mom, Seattle, WA   

 

March 8, 2011 - Design Upgrades on a Dime - 10 Affordable Upgrades You Can Make Today To Improve Market Position

REGISTER HERE 

 

Discover 10 (or more) things that can be done today for very little capital to improve your market position.  Understand the key things senior housing providers need to consider to meet the demands of today's senior housing consumer.  

 

Guest Experts: Dennis Boggio and MaryLou Parham of Lanz-Boggio Architects, PC  

 

 

March 15, 2011 - Hire to Win: TopGrading Your Sales Team    

REGISTER HERE

 

The winning formula to develop a talented, high performance sales team is worthless without the proper ingredients. Learn about a strategic process that will help ensures that you hire and retain the right salespeople in order to build and maintain your occupancy to consistently high levels. Learn how to develop a comprehensive action plan to make smart hiring decisions, avoid the costly mis-hires and keep your community(ies) full at market rates.

 

Guest Expert Presenters: Sherri Huston, Division Vice President and Alison Drumm, Vice President National Accounts at Govig & Associates,  

 

 

March 22, 2011 - How to Use Great Stories to Inspire Sales Success

REGISTER HERE 

 

If you want to increase the impact of your sales communication, you must tell stories--but not just any stories. You must deliberately select the right stories for your prospects and referral sources. You must harness the power of storytelling!  


Learn how you can leverage the power of story to engage, inform, inspire and, most of all, illustrate to your prospects exactly what living at your community will look like and mean to them.

Guest Expert: Evelyn Clark, The Corporate Storyteller, author, keynote speaker, workshop & retreat facilitator, and coach.  


 

BUT, THERE'S MORE! 

Click Here for a complete list of upcoming programs

Schedule of Upcoming Webinars


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  open souce no back 

March 17, 2011 Live Online Discussion: The Internet & Sales Leads, SEO, Website & Social Media

 

Subscribing Members!  Be sure to reserve your spot at The Open Source March 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.

Only twenty open discussion lines will be available per call but "listen only" mode is open to an additional 80 registrants.  Register Here:  

REGISTER: The Open Source - March 2011