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Best Practices for lead handling for Manufactured Home Sales Professionals

Manufactured Home Sales,Mobile Home Sales,Modular Home Sales
by drew @ 2:30 pm on October 5, 2011

It’s imperative that any organization in the business of selling manufactured homes, including manufactured home dealers and well as manufactured home communities, aka mobile home parks, has a sound process for handling all leads that come in, no matter the source. For this article I’d like to focus on some steps that must be included in that process to have best results with manufactured home sales leads that are generated over the internet.

 

Internet shoppers have a different approach to researching products on the Internet compared to traditional shoppers, in that they have access to more information, reviews, opinions, and news stories, and therefore have a much deeper understanding about available products. Likewise, they have an increased expectation about how quickly and in what fashion they should be followed up with by somebody who they have contacted via the internet.

 

Over the last several years, Manufactured Home Source has generated hundreds of thousands of prospective home buyer leads for manufactured home dealers and communities. In this time, we have talked with hundreds of manufactured and modular home dealers, mobile home park owners, and manufactured home industry experts about leads, follow-up and sales. It is clear that dealers and communities with effective follow-up processes sell far more homes from internet generated leads than their counterparts who lack such processes.

 

Here are some steps that we feel should be included in your process:

 

Initial Phone Contact:
It can be said that the three most important rules of good Follow-Up are:
1. Call each prospective home buyer IMMEDIATELY upon receiving the
referral.
2. Call each prospective home buyer IMMEDIATELY upon receiving the
referral.
3. Call each prospective home buyer IMMEDIATELY upon receiving the
referral.

 

This may sound excessive, but it’s true. Manufactured home dealers and mobile home parks with the highest conversion of leads into home sales are the ones who call prospective home buyers immediately upon contact. It is a fact that the best time to talk to a prospective manufactured home buyer is when they have just learned about your company and expressed interest in your homes by taking the time to request a followup to gather more information. The lead is ‘Hot’ and there must be a sense of urgency in contacting the prospect immediately. The impact of a phone call within minutes of a prospective manufactured home buyer submitting their information is far more powerful than sending them a packet of information in the mail or by email response some time later.

 

Be sure that your company has a scheduled plan of phone calls to follow up with each prospect on an ongoing basis. Again, your sales staff must call the prospect immediately when the lead first comes in. Emails and mailings can support these efforts, but that immediate phone call should be your first follow-up tool. Try contacting the prospect up to 3 times on the day they initially contact you, and at least once when most people are home from work. Your goal should be to connect with the prospect and arrange an interview or a tour of your manufactured home community, factory or sales center within the first week of initial contact. You can leave emails and voicemails if you want to, but don’t expect any call-backs. Catching them live on the phone is the key to success. If you don’t reach the prospective home buyer right away, try to make contact for the next 3 days. Your goal is to connect with the person and arrange an interview or a tour of the company within the first week of receiving the referral. If after 3 days no contact is made, try calling once a week for the next 4 weeks.

 

Maintain a list of leads that are close to buying a home but not quite there. Be sure to schedule calls and emails to these people to propose new incentives for them to buy. Keep them informed of special offers, new models or listings and other creative enticements that may encourage them to buy.

 

Send periodic email newsletters or announcements to further keep your business at the forefront of the prospects’ minds. There are a number of very inexpensive services that can help you to maintain your email list and easily put together professional-looking e-newsletters, such as Constant Contact. This is an inexpensive and efficient way to keep in touch with everyone who has expressed interest in your company. One of those emails could wind up being the deciding point for a prospective home buyer who has been close to buying a home from for a long time.

 

Lead Tracking: What process or system do you use to keep track of the prospects and your
follow-up processes?
• Many manufactured home dealers and mobile home park owners/managers use a database system or lead-tracking software package to organize and manage their sales lead follow-up. Whatever system you choose, be sure it is user-friendly, designed for your specific needs, and that all your sales staff are comfortable enough with it that they actually use it. Also, be sure that your system is flexible, so that as you improve your follow-up processes, it can change in parallel. Note: your sales lead tracking and follow-up system can be as simple as a shared Excel spreadsheet, and notes in a calendar about when to call or it can be one of the more advanced Customer Relationship Management software packages that are available. Specific to the manufactured home sales and mobile home park markets is Prospector Pro from Rainmaker Software, other more general CRM systems include Salesforce.com and ACT.
• Be sure to implement a system that includes reminders of when to call each prospective home buyer again as well as notes to track specifics of previous conversations with the prospect such as what individual questions or needs have been discussed.
• Be able to track the progress of the prospects through the home-buying process so that you can learn what methods work best for your customers and your team. Each conversation you have with a prospective home buyer is a great chance to learn more about your team’s follow-up and sales approach. If you learn from each lead, your process and success will naturally improve over time.
• Know your conversion statistics: for each dollar spent getting prospects in the door you should have a good idea of how much your business makes so that you can allocate resources appropriately.

 

Who is Managing the Follow-Up of Leads?
Most manufactured home dealers and mobile home park owners/managers have a staff of people who Follow-Up on leads. Make sure you feel completely confident in their ability to effectively sell your homes. Consider these points:
This is Sales work: It is easy to have anyone hand out information about your home, but you must have a staff that is properly trained and skilled at sales and that understands how to present and sell the manufactured homes and manufactured home communities that you are selling. It is absolutely vital that your sales staff is motivated, inspired and effective at selling what your company offers.
What are you telling people about your company?: Have a set list of points that your sales team knows to tell each prospective home buyer. Be sure that it is inspiring, brief, and that it ‘sells’ your company. When the selling points of your company are solid with each sales person, dialogues with prospective home buyers are more effective. Keep in mind that the end goal of the initial phone contact is to get the home buyer to your manufactured home sales center or manufactured home community for an in person interview and tour of the facility along with plenty of time to answer questions. Remember your ABCs: ‘Always Be Closing’ the sale.
Interview the Prospective Manufactured Home buyer: Find out where they are from, their goals, needs, questions and concerns. This will deepen your dialogue and create a more intimate interaction overall and will help establish and build on a relationship with the prospect.

 

Remember, increasing your conversion rate by just 1% could mean several new home sales each year. Happy selling!

 

Derrick Hachey is a member of the Manufactured Home Source team, the factory-built housing industry leader in Internet Marketing. Please visit us on the web at www.manufacturedhomesource.com, email us at sales@manufacturedhomesource.com, or phone toll-free 866-700-2156.


How the Internet and Social Media Tools Can Help Manufactured Home Professionals Connect with Your Customers and Make More Sales

 

Manufactured Home Community Owners and Managers and Manufactured Home Dealers have an arsenal of tools at their disposal to help them capture and engage prospective manufactured home buyers (or renters, rent-to-own, etc) but are faced with a potentially overwhelming array of options.
We have been giving a series of presentations to audiences at the Manufactured Housing Institute’s National Congress and Expo in Las Vegas, the Super Symposium of Manufactured Housing Professionals in Albany, NY as well as in webinar format for various audiences of attendees who are interested in selling more manufactured homes and modular homes.

I will summarize the main points of the presentation here but, if you are interested in more detail, the full presentation slides are available here: Increase Manufactured Home Sales with the Internet and Social Media

Why The Internet?

 

  • Simple: The Internet is Where People are Looking When They are Searching for a Home
  • 90% of all homebuyers begin their search on the Internet according to the NAR

 

How Large is the Opportunity Presented by the Internet for Selling Manufactured Homes and Modular Homes?

 

  • As many as 4.5 Million searches are conducted every month on terms related to manufactured homes and modular homes

 

Why isn’t the Manufactured Home Industry Selling More Homes?

 

  • Failure to Capture Prospective Buyers
  • Failure to Engage Prospective Buyers

 

What Tools are Available to Help Capture Prospective Manufactured Home Buyers?

 

  • Your Own Website (needs to be compelling and probably doesn’t capture much traffic from the search engines)
  • Web Directories focused on Manufactured Homes like
    Manufactured Home Source
  • Manufacturer Websites

 

What Tools are Available to Help Engage Prospective Manufactured Home Buyers?

 

  • Email Marketing Campaigns
  • Facebook
  • Twitter

 

How Can Manufactured Home Source Help?

 

  • Website Design
  • Search Engine Optimization Consulting
  • Facebook and Twitter Consulting

 

If you are a member or director of a State or National Manufactured Housing Association we are available to give presentations and/or webinars to help educate your membership and answer any questions they may have.

 

Contact us at sales(at)manufacturedhomesource.com to find out more!

Handling the Price Email

Manufactured Home Sales,Mobile Home Sales,Modular Home Sales
by admin @ 10:22 pm on January 31, 2011

 

Chad

Please send me pricing information on your product.

Thanks

Have you ever received e-mail like this and wondered, “What am I supposed to do with this?” That’s exactly what I thought when I opened this e-mail a couple of weeks ago

The first problem is the word “products” – just what does that mean? With language like that, I couldn’t even tell if this person had reached the company he was looking for.

Second, even if he does know he is talking to the right company, I have no idea what he is asking about. We have a lot of different products – just as you do.

Third, everyone knows you are not supposed to send pricing information out without building some kind of rapport and doing some qualifying. Doing so is almost always the kiss of death for the sale.

As a sales person working with Internet Leads, you probably get this type of inquiry on a regular basis. However, my guess is that none of your sales training has ever explained how to respond to this type of e-mail. Since we do this kind of training with dealers, I thought I would share the steps used to turn “Internet Leads” into good prospects.

Step #1 – Assume this is a Valid Prospect. Dismissing a prospect that leads with this question is going to cost you a sale. The fact they are asking the price question shows a real interest in – but a lack of information about – your product.

This prospect is trying to avoid being embarrassed by asking you to do a lot of work if they aren’t going to be able to afford your product in the first place. The price question is a gateway question that opens the door for discussion. It is an important question for them, but not for the reasons you would assume.

Step #2 – Respond A.S.A.P. You want your prospect to feel you are sincere and that you care about helping them. Even if you respond with a quick e-mail asking for permission to contact them later, that will help. Taking a long time to respond will turn your prospect off and make your answer – no matter what it is – feel contrived.

Step #3 – Don’t Answer the Price Question Directly. I said earlier, “Giving price without building rapport and qualifying the customer is the kiss of death.” I meant it. If you answer this price question directly, the prospect won’t need you anymore. Once they have this information, they will move onto another sales person, not because they didn’t like your answer, but because they will now have what they need to feel smart when they talk to that other salesperson and everyone would rather feel smart.

On the other hand, you don’t want to annoy the customer by ignoring their question so you need to give an answer in a format that gives you a lot of flexibility such as, “Our homes can range from between X and Y per Square Foot”; or “We have homes starting at $20,000 and we’ve custom built homes into the hundreds of thousands.”

Step #4 – Explain Why You Can’t Answer. Give the prospect two or three real reasons why you can’t answer the question yet. You don’t have to make these up. You need to know more about what type of home they are looking for, where they are going to put the home, what zoning requirements there will be for their home, etc. etc.

Step #5 – Solicit Their Help. Almost everyone lets his or her guard down and reaches out to someone who says, “Can you help me?” Ask your prospect to help you by giving you more information so you can do a better job answering their question. Give them a specific list of things you need to know, but make sure they are open-ended questions, not a punch list that will force you into a corner when they respond with answers.

Step #6 – Promise to Answer the Question in Detail. Yes you are going to give the customer a specific answer, but you don’t have to do it now. Really you can’t do it now anyway. Promise the customer that you will give them a specific and accurate answer to their question as soon as you have all the information you need. The act of gathering this information will give you the chance to talk to the prospect and build some rapport.

Step #7 – Ask for an Appointment. If you’ve followed the steps this far, it should be pretty easy to get the prospect to give you their phone number or to give you a call. Try something like, “It might be easier to help get you the information you need if we could talk. What’s a good time for me to give you a call?” or “Would you mind giving some time to better understand what you need in your home and get you the exact numbers you are looking for?”

Remember to Follow Up. If they don’t respond with a call or a phone number, ask again. They may need a little encouragement to come out of their protective shell. Internet prospects could be looking to make a short-term decision or they could be months away from being ready to talk to a sales person. If you want to be successful, you have to be prepared to follow-up over the long haul.

Remember when you follow-up to always be nice, be polite, be honest and be sincere.

From now on, when you get e-mail from leads asking for price, follow these seven steps and you will significantly increase your ability to convert leads into good prospects.

Chad Carr is the President of Rainmaker Consulting, a second-generation family business that provides Retail Management Software and Consulting Services for the Housing, RV and Trailer markets.

Rainmaker works with dealers ranging in size from five to six people up to some of the biggest and most well recognized names in the industry. For more information about their services, visit their web-site at www.getRain.com or contact Chad at (800) 336-0339 or chad@getRain.com.


Four Common Problems with Internet Lead Handling and Sales Processes

By Chad Carr, Rainmaker Consulting

I am excited about the opportunity to write for this website because I see so many misconceptions about Internet Leads and how they fit into a company’s marketing and sales process.

As a consultant to Housing Retailers for almost twenty years, I have been in hundreds of dealerships. In almost every one of those dealerships there has been a need to improve the process sales people use for handling leads, especially Internet leads.

When I first met the principals at ManufacturedHomeSource.com, I was very excited about their ability to deliver Internet Leads to a dealership. But it quickly became apparent that even dealers with a good sales process in place had no idea what to do with Internet leads.

It is not unusual for a salesperson to come up to me at a dealership when the boss isn’t around and start complaining about the stack of garbage leads he is supposed to be working from the Internet. In most of these cases, it takes only a little bit of questioning to identify why the salesperson has this attitude. I can promise you it is never that the Internet Leads weren’t actually good leads.

Let me share a few reasons for these negative attitudes:

Age – In sales there is a saying, “The older they are the colder they are”. Why would anyone think its okay to let Internet Leads sit around for days before we get back to them?

Research shows that customers will lose 50% of their interest in a company or product within 3 hours of their initial inquiry. Yet, as an industry, we average five days before getting back to an Internet lead. That’s terrible.

If a salesperson is handed leads that are old, they are going to be disappointed when they call those leads. Likewise, if they are handed new leads and sit on them for a few days, they will not be happy with their results when they finally do get around to calling.

This makes total sense. If I left you a phone message asking you to call me about the product you are selling and you waited several days before you called me, you would expect the cold shoulder from me. Don’t let this happen to you – call your Internet Leads as fast as possible.

Wrong Expectations – Many times when salespeople call Internet Leads they have the expectation they will be talking to someone who is ready to buy a house.

This can happen, but more often than not, Internet Leads are contacting dealers very early in their decision making process. If you suddenly move into the selling mode with someone you have never met and who is not ready to be sold, you are going to put them off.

As strange as this might sound, the number one thing customers are looking for on the Internet is someone with whom they can build a relationship. Your job as a salesperson is to develop a relationship with that lead first. Selling them a house will come later, but only if you have a good relationship.

Lack of Training – Almost everyone agrees it is important to train salespeople. Dealers send salespeople to factories to gain product knowledge; they send them to sales training to learn a sales process; they may even do some basic telephone skills work with them. However, dealers almost never invest any time or money to train their sales people what to do with an Internet Lead.

For example, if you are responding to an Internet Lead, it is likely you will have to write e-mail. Have you been trained on how to write a good e-mail? Do you know what to include and what to leave out of these e-mails? Do you now how to use the spell check and grammar check features of your e-mail system?

With the Internet, dealerships have a completely new way of collecting and communicating with leads. Dealers need to invest in training their people on how to use this new tool to build relationships and make sales.

Lack of a Process – If a sales manager hands a salesperson a stack of leads and says “See what you can do with these” the whole endeavor is going to be doomed. Every dealership needs to have a written and well-designed process for handling Internet Leads.

This process needs to address how quickly you will respond, how often you will respond, what you will do if the customer doesn’t return your calls, how you will answer the question “What’s the price” and much, much more.

A lot of my work these days is centered on helping dealerships put together an effective process for working with Internet Leads and then training their people how to use that process.

I will try to share some of that information through this blog, but if you would like to get started with your process, I would recommend coming to my free webinar entitled, “Unlocking the Secrets of the Internet”. Send an e-mail to chad@getRain.com and I will let you know when the next webinar will be held.

Chad Carr is the President of Rainmaker Consulting, a second-generation family business that provides Retail Management Software and Consulting Services for the Housing, RV and Trailer markets.

Rainmaker works with dealers ranging in size from five to six people up to some of the biggest and most well recognized names in the industry. For more information about their services, visit their web-site at www.getRain.com or contact Chad at (800) 336-0339 or chad@getRain.com.


10 Easy Tips to Help you Purchase a Manufactured Home

So, you’ve decided you’d like to buy a manufactured or modular home, or perhaps you are considering retiring to a manufactured home community in warmer climates. This list of 10 easy steps should serve as an outline for this process and guide you through your journey.
1. Amenities. Whether you are looking at homes in mobile home parks or at manufactured and modular home dealers, make a list of ‘must haves’, ‘would like to haves’, and ‘can live with outs’. This will help prioritize what is important and either rule in or out a home model or a manufactured home community. This list may include things like a porch, mud room, or pitched roof for homes; or age restricted, family oriented, or proximity to work, school, the beach, etc. for communities as well as community amenities like playgrounds, swimming pool, etc.
2. Research the product. You are looking for a home that you will be living in for years to come, be sure you are happy with it. Using your list of amenities, research the manufacturers and models available, or manufactured home communities that are out there. Be sure to read reviews and evaluations from current and past owners, check the Better Business Bureau and other online resources to see if there have been any complaints filed against the manufacturer or community owner. Also, a good manufactured home dealer or community should have a website that gives you in-depth information about their organization.
3. Location. After you research the manufactured homes and modular homes that are out there, move on to the next phase of finding out where that home or community is available. Make a list of the availability, starting with the closest, it will help in the next phase of research.
4. Get your credit score. At this point you need to get your finances in order, and see what you will need in the way of loans. Manufactured home dealers and communities typically have resources for getting the pre-approval process started.  It is a great courtesy to the sales person to know what your price range is before you shop through homes.
5. Zoning/CCR issues. For example, if you intend to add a garage or a storage shed, will this be allowed? Many manufactured home dealers are also builders or can work with builders to add amenities to your home.
6. Research the dealers or communities. Look for customer testimonials, check their website, and again check the Better Business Bureau and other online resources to see if there have been any complaints filed and remember a good manufactured home dealer or community should have a website that gives you in-depth information about their organization. Also, meet a manager.  Sales persons will not be your contact after the purchase.  Management provides services beyond the home sale.  They are your best resource to learn about a manufactured home community because they work with the residents on a daily basis.
7. Visit the location. After youve done the initial research and made the list of potential dealers or communities, get out and take a drive. Visit the locations anonymously. Get a feel for the business, see how helpful the staff is, what the community looks like, etc. Take notes. At this point, tell them you are just browsing and avoid the hard-sell. Do this for all of the potential business that can cater to your business and compile your notes.
8. Lot Rent / HOA or other dues/fees. If you are purchasing a home in a land-lease community, be sure you are aware of what the lot rent fee is, as well as any Home Owner’s Association fees and what is included in them, for example, water, garbage, pet fees, etc.
9. Find a financial institution. Once you’ve decided what you need for financing, make a list of institutions that can help, and be sure that the dealers or communities on your short list are able to work with that institution. If it is difficult to get this done, don’t fear! Many manufactured and modular home dealers and communities have in-house financing or relationships established with other financing sources. You need to be honest with yourself, and find the best solution for you.
10. Insurance rates/availability. Be sure to have your insurance in place before the home is delivered, or you take ownership.
With a background in print advertising and marketing, Derrick Hachey now has over 10 years experience assisting clients in increasing brand and product awareness. He is currently a member of the ManufacturedHomeSource.com team which was formed in 2003 by experts in Internet Marketing who share the common goal of harnessing the power of the Internet to more efficiently connect potential home-buyers with dealers and communities in the factor-built housing industry across the country. Focused solely on Internet Marketing and how it can benefit the Manufactured Housing Industry for the past 3 years, Derrick has a keen insight into the strategic importance of the Internet as an essential sales and marketing tool.

Are You Ready for the January Effect?

Are You Ready for the January Effect?

The term “January Effect” is used to describe the tendency of the stock market to stage a rally in the month of January every year. The most common theory to explain this is that investors frequently sell stocks at the end of the calendar year for tax reasons and then start buying again in January thus creating increased demand. Did you know that there is a January Effect for certain website traffic as well? Why is there a January Effect for some websites and what can you do to be prepared so that you can benefit from it as much as possible?

The January Effect is very evident in Manufactured and Modular Housing website traffic. Analyzing the top factory-built housing websites in terms of traffic, we see an average increase in visitors per month of about 50% from December 2009 to January 2010. Why is this? It makes sense if you think about what people are focused on that time of year: the holidays. In contrast to websites that are focused on manufactured homes and modular homes, sites that attract gift buyers, like amazon.com, toysrus.com and target.com, saw an average decrease in their traffic of about 40% over the same time period. So our prospective buyers are pre-occupied with shopping for gifts, attending parties, visiting with friends and family and all of the things that make the holidays so wonderful, so they are not thinking about buying homes as much. Then the holidays pass and suddenly there is a lot of pent-up demand. At the same time the holidays remind us of change, the passage of time and the desire to improve our situations, hence the tradition of New Year’s Resolutions. For a lot of people, even if it’s not their New Year’s Resolution, one thing that they desire to improve about their lives is their home. This might mean upgrading to a bigger home to accommodate a growing family or down-sizing into a simpler living situation for empty-nesters. All of this leads to a huge spike in traffic to websites relating to manufactured homes and modular homes in January.

Regardless of the cause, the January Effect is important to keep in mind as the New Year is approaching. What can manufactured home and modular home professionals do to capitalize on the January Effect? The first thing to keep in mind is that, regardless of the January Effect, if prospects can’t find you then they can’t become customers. As with the rest of the year, you need to make sure that prospects can find you on the Internet through your own website’s placement and, more importantly, through highly placed directory websites like ManufacturedHomeSource.com which likely receives many times more visitors than your own website. Are you already listed on highly trafficked industry-relevant websites? If not, now is the time to get listed so that all of the prospects who are going to begin their home-buying process in January have the opportunity to contact you. Secondly, you will want to make sure your website is up-to-date and ready to deliver prospects the information they want and to capture prospect’s contact information. Are the information, pictures, inventory, phone numbers, email addresses and specials listed on your website current? Is the design compelling, current and attractive? Your website is the face of your business to the modern world and if it is not appealing, prospects will be turned off. Finally, you need to make sure that your staff is prepared. If your staff suddenly finds themselves getting twice as many prospects contacting them as they are currently, will they be able to handle it? Do you have good prospect follow-up and tracking procedures in place? If not, now is the time to look into training them and implementing a CRM solution like Salesforce.com or Rainmaker.

The January Effect presents us with a great opportunity to increase our sales in the year ahead. Take some time to make sure that your business is well-positioned to take advantage of this opportunity!

Drew Peters is the founder and CEO of Manufactured Home Source, the factory-built housing industry’s leading internet marketing website. Formerly a Program Manager with Microsoft Corporation, he holds a BSE in Computer Science & Engineering and a BA in Philosophy from the University of Pennsylvania. He can be reached at drew at manufacturedhomesource.com.






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