Newsletter Masthead CD - 20090507

July 21th,  2009
Tips and Resources Newsletter
Consumer Durables Finance
In This Issue
Closing The Deal - Ways To Win More Business
How to be a Powerful Persuader
Reaching Out - How To Find New Customers
How To Make Your Business The Most Appealing
Crelogix - A Powerful Tool For Change
Crelogix is Expanding
Online Vendor Registration
Resources
Association Events
None to report during this period
Travelers News
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This e-letter is brought to you by Travelers Consumer Durables Finance. In each issue we bring you business and marketing tips, suggestions, and selling ideas for Consumer Durables  providers in Canada.  More articles to hone your business skills are archived with each issue on our website. Please follow the link that is listed in the left hand column.  If for any reason you would like to remove your address from our list, please use the SafeUnsubscribe feature at the very end of this message and you will be immediately removed.  Thank you.
Sign on Dotted Line - 2Closing The Deal - Ways To Win More Business With Crelogix
Salesmanship is the key to winning more business and meeting your goals. With the help of our point-of-sale (POS) system, you can make clients see the advantages of closing the deal...today.
Reframing - This sales technique relies on reframing the cost of a consumer durables item. By showing the customer how costs can be broken down over the long-term, you stress the affordability of furniture, appliances, etc. Be sure to tout the benefits of in-house financing in order to take advantage of this clever sales strategy.
Ultimatums - You need to express to a potential customer the downsides of not choosing to buy your product. Make them understand that their quality of life will improve by using your goods and services. They should get a sense that waiting to buy will have a negative effect on their lifestyle. This sales technique is known as ultimatum closing.
Best Time - Your customer should be made to feel that today is the best possible time to make a decision. Give them information that makes closing the deal an attractive idea...right now. Use affordable interest rates, easy on-line pre-approval for consumer loans, and the other benefits of Crelogix point-of-sale financing to make closing the deal irresistible.
1-2-3 - Sales technique analysis proves that clients respond to the power of three. Offer three key selling points during your pitch. Consider using in-house financing, quality, and service during your 1-2-3 closing pitch.
Similarity - Use stories about successful purchases and happy customers to create a feeling of similarity between your potential customer and past customers. Show how they can achieve the same positive experience through easy financing.
At Our Company, Your Needs Come First...
At our company, your needs are priority one. We can help you reach your business goals by offering great consumer loans to your customers - on site.
For decades, we've specialized in supplying consumer durables retailers like yourself with attractive, point-of-sale financing systems that draw business.
You can avoid tiresome accounting and paperwork by allowing us to take care of all the details. All you need to do is let your customers know that low, monthly payment plans are available immediately.
 
PersuasionHow to be a Powerful Persuader
by Alan Fairweather - The Motivation Doctor
I'll always remember the first sales course I ever attended and the definition of selling that was drummed into my brain. "Selling is the art of creating a desire in the mind of a buyer and satisfying that desire so that buyer and seller benefit."
Now that may seem a bit old fashioned for many of today's salespeople, but I believe the principle still holds true particularly if we're attempting to persuade another person be it a member of our team, a colleague or a customer. If you're going to persuade someone to change their behavior, their viewpoint, their attitude, any other aspect of their business or personal life, then you're talking about changing a mindset.
If anyone is going to change their mindset then they need to envisage benefits for them that outweigh their present circumstances or situation. If you're the person doing the persuading, then you need the following skills, qualities and characteristics which make you believable and credible.
Belief - Successful persuaders believe in themselves and what they're talking about. After all, if you don't believe in what you're saying, how do you expect anyone else to?
Enthusiasm - I've known people who totally believe in what they're saying but fail to communicate with any enthusiasm or passion. British people in particular, find difficulty with this; however, if you want to persuade someone, you'd better find a way to get enthusiastic about it.
Knowledge - you must know what you're talking about, so make sure you have all the information, facts, figures and statistics to make your case.
Empathy - Put yourself in the other person's shoes. What do you think is important to them? Consider carefully why they should accept what you're saying. If someone is frightened of flying, then there's no point in telling them not to be silly and to stop behaving like a baby. You need to think about how you might feel in these circumstances and what might persuade you to change your mind; you need to outweigh the fear with benefits relevant to the individual.
Persistence - if you want to persuade someone, don't give up on the first "no" or rejection of what you say. Persist and persist - but do it nicely! People won't necessarily react in a negative way to your persistence when they realize you really believe what you're saying. There's a fine line between being persistent and being a nuisance. Watch the other person's reactions and if it looks like you're persisting too much - stop
Energy - put energy into all your interactions with other people. Energy fuels enthusiasm; we are persuaded by people with energy. Many TV presenters use their energy to sell us their ideas. Think of the celebrity chefs on TV persuading us to produce fabulous meals or other presenters who get us all excited about remodeling our homes or gardens.
Consistency - Everything you do or say is important, everything counts. If you want to be a powerful persuader then you must be consistent. If you're trying to persuade someone to keep their promises, then you must always keep yours. If you say - "I'll phone you back in ten minutes" then phone them back in nine minutes.
To be a powerful persuader you need many skills, qualities and characteristics. Even with them all in place, there is still no guarantee of success. However, people are more likely to be persuaded by people they trust, they like and have a good relationship with.
 
Reaching Out - BusinessReaching Out - How To Find New Customers In A Tough Economy
Sometimes, building your clientele can feel like a real challenge. After all, you have a lot on your plate - running your business and selling to clients on your shop floor is already a lot to deal with.
Reaching out to new clients is vital, though, and it can be done. Use these ideas to draw new clientele to your consumer durables business.
Trade Shows - Local trade shows featuring consumer durables products can provide your business with a new list of customers who are already interested in what you provide.   Set up a demo booth at a local trade show, and let the community know what you can offer them. Be sure to run a contest so you can collect the names, phone numbers, and emails of those who enter. Follow up with personalized phone calls and mail-outs. Stress in-house financing and quality materials and service in your cold calls and pamphlets.
Reciprocal Links - Use the power of the Internet to establish your brand. Contact other local businesses you trust, and offer to place their ads on your website, with links back to their home page. Then, ask them to do the same for you. The businesses you choose for reciprocal linking should not be in direct competition with you. They should complement your business in some way.
 
Flat Screen TV - 2How To Make Your Business The Most Appealing Option For Customers
Expensive consumer products are desirable to your customers - but are they affordable? You clients will temper their desires for the very best in appliances, furniture, and computers with their own financial realities. It's up to you to show them that closing the deal can be workable.
Salesmanship is just one element in amping up your consumer durables business. You must also pay attention to your advertising in order to get the best results for your business. There are many low-cost ways to promote your retail concern in today's marketplace. With the help of in-house, point-of-sale financing, you can add impact to your promotional materials.
You must consider every phone call and every piece of paper you send out to be key elements of your promotion. Even your business letterhead can be a powerful advertisement. Make sure employees understand that phone manner and a warm, friendly attitude are required - every single time. Work on creating logos and catchphrases for print materials and stationery. Use the tools you turn to every day to improve the image of your consumer durables business.
Free press releases are available easily on the Internet. Use them frequently to let people know about special deals, easy monthly payment plans, and seasonal sales. As well, refine your email communications at set intervals to make sure they reflect the best aspects of your business from month to month. Keep in close contact with regular customers to make sure they come back to your business.
 
Smart Marketing - 1Crelogix - A Powerful Tool For Change
Our consumer loan options are designed to make your business more viable. We are able to work with your specific needs in order to tailor in-house financing solutions that amp up the appeal of your business.
Part of what we focus on is the power of Crelogix to create positive change in your bottom line. We know from experience that adopting point-of-sale (POS) financing for your consumer durables business can make things easier for your clients. You can close more deals and ensure more new and repeat business.
It's not hard to understand the power of in-house consumer loans. Today, the credit crunch makes buyers cautious, and maybe even pessimistic. They want things, but, at the same time, they shy away from spending costly lump sums on the appliances, computers, and other durables they desire. They need all the incentive they can get to close the deal.
You can provide this incentive by partnering with Crelogix and offering low monthly payment plans to your customers. Selling will be easier when you can use long-term payment plans in your pitch. The cost of consumer durables can be a real deterrent to some shoppers. Allow them to realize their dreams by offering the best payment options you can.
How We Can Help You Save Time And Money...
Running a business costs a lot. You have bills to pay in many different areas of your operation, and the meter is always running. Labour, power, supplies, office administration...all take their toll on your profit margins.
With in-house financing, you can save up to 7 percent on your office admin. costs. Cutting down on phone calls, endless paperwork, and waiting time can make your staff more efficient, and more able to meet other challenges. Free up your employees to sell your goods and services by implementing in-house financing with Crelogix.
Our system allows your customers to get an answer right away about whether or not they qualify for consumer loans. Imagine how this can impact your sales pitches! Instead of sending customers off to wait for answers about financing (and possibly reconsider their plans to purchase), you can provide instant online pre-approval through our easy-to-use computer system.
We have designed a program that is intuitive and easy to understand. We've also made sure it is available to you 24 hours a day, 365 days a year.  We harness the power of the Internet for your advantage. We also provide the support and teamwork you require to use our product to its fullest potential.
Call us today to find out more about all the things that our team can do for your business. You'll save time and money, and you'll also up the appeal of your home improvement business.
 
Handshake - InternationalCrelogix is Expanding ...
In an effort to better serve our valued partner relationships, we are asking you, our readers to recommend an exceptional achiever to be part of our team at Travelers Acceptance.
We seek to recruit and select the most competent, industry knowledgeable and expert professionals in the Consumer Durables Sales Industry.
Do you know a independent sales agent, a regular provider of services or supplies to your retail store location, someone that you feel confident in recommending to us ? We would like to hear from that candidate.
More details are available on our website or click on the link below.
Crelogix Logo - NewOnline Vendor 
Registration
It is now possible to register your retail location online through our secure web portal. This secure portal will allows you to submit completed electronically generated registration documents to Travelers Acceptance.
Registering with Travelers is as easy as 1-2-3, you need to simply point your internet browser window to the following address as indicated below:
https://www.travelersacceptance.com/secure/application.aspx
Once all the documents have been received, Travelers will begin the setup process. Once completed, an email will be sent to the owner with a user name and password to be able to access our online financing system. Do not wait till you have a need for financing to get setup, Be prepared ahead of time, register now.
 
Travelers Acceptance Corporation has since 1974 partnered with businesses to arrange, structure and fund unique indirect consumer financing solutions across a wide range of industries including tuition, automotive aftermarket, vacation ownership, healthcare, membership, consumer durables, power products and home improvements. Travelers consults with its client partners to create superior term financing solutitons that attract and retain more clients,close more sales, and increase overall profitability.

Hubert

Hubert Blaquière
Director,  Sales & Marketing
 
1-800-667-6640  ext. 2410
editor@travelersacceptance.com
Travelers Acceptance Corporation