Showing posts with label sales. Show all posts
Showing posts with label sales. Show all posts

Monday, January 21, 2013

What Are You Really Thinking, Mr. and Mrs. Homeowner)?

Are you sure you want to do business with that homeowner, remodelers?

In his blog yesterday, Shawn McCadden provided a great list of questions to use in that first conversation with remodeling prospects. From revealing basic facts about the home and the prospect's timeline, to shedding light on how they might be as clients, the questions are helpful not only for identifying whether certain people are a good match for your business in the first place, but also for streamlining the sales and actual construction process that may follow.

On the list:
  • Why do you want this done?
  • Have you remodeled before? What was that like?
  • What are you looking for in a contractor?
  • Are you looking to hire a carpenter, or a professional remodeling company?
  • Are you speaking with any other contractors?
See the full list on Shawn McCadden's blog.



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Wednesday, January 16, 2013

You're in Sales. Own It.

Eliminate sales commissions, watch sales go up. Reduce your power, become more persuasive. Forget that old saw, "Always Be Closing."

At a local bookstore last week, I saw Daniel Pink convince a room full of DC policy wonk-types that they're all in sales, that icky term that makes so many people squirm. We're in sales because of the persuading and cajoling and influencing we do every day -- whether with our kids, staff, boss, clients and every other person we come into contact with every day, like the meter maid who is there the minute the meter expires.

Pink's latest book is To Sell Is Human: the Surprising Truth About Moving Others, and it's about the art and science of selling -- something we could all do better -- in a way that most books about sales are not. When I saw Pink speak last week, I thought of you, remodelers.

Pink gets into his research in this video interview. 




What do you think, remodelers? Are we really all in sales? How can we be more persuasive, without coming off as a used-car salesperson?




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Friday, January 11, 2013

These Remodelers Are Resolved. What About You?



Come hell or high water, growing numbers of remodelers say they won't settle for just another post-recession year in 2013. It's great to see that enthusiasm is back. Check out the business resolutions they've shared in this week's d5R Answers discussion, and consider sharing your own. Here's one from Minnesota:
"It is not a stretch to say that the last 5 years have been tough. Going from a staff of 34 to 14 changes things.... It finally feels that we (I) can add the word 'growth' back into our vocabulary with some conviction that it means something. I have feelers out for sales staff and am encouraged by who is responding!"
That remodeler's resolutions for 2013?
  • Grow volume by 20% and overhead by 12%
  • Hire one salesperson in January and another in March/April.
  • "Recast our company vision and share with the team."
Share your resolutions, remodelers. And read about these other resolutions (and suggested resolutions) also.



Also in today's d5R Update:


Have a great weekend. 



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Monday, January 7, 2013

Remodelers' Top Priorities for 2013, Cont'd

Remodelers periodically complete business surveys on d5R, and our most recent survey revealed some uplifting stories about how remodelers retooled and bounced back in 2012 (read about four such comebacks here.)

What about 2013? Here are a few of the priorities remodelers shared:
  • "Increase sales by $600,000, from $2.4 million to $3 million."
  • "Retire some debt!"
  • Step up marketing aggressiveness -- online as well as in targeted neighborhoods.
  • Make month-to-month profitability more consistent.
  • Develop a more intense marketing plan "that accents a one-stop company for clients' remodeling needs and maintenance."
  • Open a kitchen-and-bath showroom; launch a restoration division.
  • "Pre-2010 I was mainly a new home builder that did some remodeling. Since then all my business has been remodeling. In 2013 I am seriously considering putting new homes on the back burner and start trying to carve out specific niche in kitchen remodeling."

What are your business plans for 2013, remodelers? Feel free to comment below, or take the d5R survey here.

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Friday, September 3, 2010

One Man, Two Questions

I got Paul Winans on the phone yesterday.

Lucky me, because not only is Paul one of the smartest and most helpful remodeling experts around, but he and his wife Nina didn't sell their famously successful California remodeling company and move to Oregon just to become remodeling consultants. They also relocated to take advantage of their new state's vibrant arts culture. Paul rattled off a list of plays he had seen at the latest Oregon Shakespeare Festival, mentioned that Nina was off volunteering at a film festival, and answered a few of my questions.

Here's a little bit of what we talked about, as edited and paraphrased.

me: When screening potential remodeling clients, what's the single best question to ask?

Paul: (a big proponent of Sandler sales training): The most important thing to find out is why they want to have the work done. Usually when companies talk to a prospect, they ask for a perfunctory rationale. What you want to do is get to the why, the emotional reason, the pain.

The question that has to be asked over and over again is basically, 'Why do you want to go through the trouble, the inconvenience, the aggravation that comes with having a remodel done?' The more clarity you can get them to provide about their decision, the stronger the relationship is going to be, the less likely they're going to feel they have to talk with other companies, and the more information you'll have to structure a strong proposal.

It's too easy to end a meeting with a prospect by saying, okay, I'll send you a proposal. Your solution is only valid if you've first established the foundation for what is motivating the client to do the work.

me: How do you create a sense of urgency in slow remodeling buyers?

Paul: This gets back to that powerful first question you ask. The clearer you are about why somebody wants to get this project done, the more likely you can engage them in a conversation about when they want to have it done and why.

If it's a pregnancy, for instance, it's a slam dunk. Or it might be that a big celebration will be held at the house, and they haven't had a party in 15 years because they're so embarrassed by their kitchen. That's their pain. That's what you want to drill down to.

Remodeling can be hell, Paul and I agreed. It's critical to get your clients to accept this -- and to know that you'll ensure that the outcome is worth it -- at the beginning of the relationship.

Paul even suggests encouraging your prospects to consider buying another house before they remodel. "What is it about this house that makes you want to go to the trouble of remodeling? Is it the neighbors, the school your kids can walk to, the beautiful yard?'

Because, he said, "As the client gets clearer, as they hear themselves talk, they actually talk themselves out of thinking there's any other choice besides you."

That's what you want.

FYI, I'll be asking a business question like this every day on daily5Remodel.com. If you've got some burning questions for experts like Paul, and for your remodeling peers, use the comment box below to suggest them!

Or email them to me at leah@daily5Remodel.com.