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Money Motivation

Money Motivation

 

Do you enjoy it small, or would you love to increase the size of your paycheck?  Coordinators round the world are being asked this question every day.  No one likes a sub-par paycheck.  If we can agree there, then I would like to share some action steps you can take that will be sure to enlarge the numbers in your bank account.

 

The first thing we have to realize, understand and embrace; is that as internet coordinators “WE ARE IN SALES!”  The individuals who do exactly this in life (not just in our business) are the ones who prosper.  In order to be successful here, every day on the phone we must sell three things…and here they are:

  1. Ourselves
  2. The Dealership
  3. An Appointment with the Dealership.

 

When we make or receive a call, we have to be the most friendly, /excited, /knowledgeable business person in our galaxy; and then we must sound like it. What do real business people do?  First off, they always know the name of the person with whom they’re speaking.  If you catch yourself asking “by the way, what is your name?” more than sixty seconds after your greeting, then you might be guilty of being unprofessional.  When people are preparing to spend (especially large amounts), they want to talk to professionals…don’t you?  In addition to the old rebuttal, we need to internalize: How about this, if we don’t handle our calls in the most professional manner possible, we could NEVER expect people to buy vehicles from us...OK?

 

“Here at XYZ Motors”…Do you find yourself using this sentence starter?  You could be selling your dealership.  This is exactly what you want to do if you are truly money motivated.  Think of it this way: a dealership is worth lots of money right?  If I constantly sell the dealership…then over time I’ll make lots of money…it’s that simple.

 

How do we sell appointments you say?...Good Question!  The easy answer is to sell the aforementioned products extremely well.  If we do a great job of selling the dealership and ourselves as a package, the appointment is a synch…unproblematic.  However, we do understand appointments to buy cars aren’t selling like hotcakes these days; so here are a few extra incentives you can put on the table for your prospects.

 

Tentative appointments:

People seem to be more afraid than ever of commitment.  Appointments give the impression of rigidity, so what can we do to flip the connotation?  Use the word tentative to soften the word appointment.  Statistics show that American people keep sixty percent of their commitments…no matter how strenuous.  What does that tell us?  We should just get our customers to agree to show up, then follow up.  (The OH-SO important follow up…which deserves its own article entirely…as it shall have.)

 

Talk to your personal phone trainer or internet director about helping the customers to understand the benefits of setting appointments verses just popping by the establishment.  Dealerships are once again worth millions and should be treated with respect.  As doctors, lawyers and realtors, so are car guys.  Maybe we could title them something a bit more astute like:…“Vehicular professionals”…I’m taking suggestions.

 

Either way, having a more professional approach to our jobs will help us to grow our compensation.  I’ll leave you with an old saying from the old See-Do-Get wisdom vault, “If we wanna get paid more, then we gotta do more for what we get paid for.”  Think and comment about it…THANKS!  Until next time, go out there and sell more cars, more profitably, more often!!!

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Behind The Scenes

 

Have you ever watched a “Behind the Scenes” TV show or DVD chapter?  Ever seek to find what goes on in a studio, in a locker room, or in the white house during a closed door session?  Sure you have.  We all do because the analytical parts of our human brain want to know how things work.  Today I want to talk to you about how I…as a national phone trainer…was developed.

 

My name is L.A. Williams and I am a long time music producer and certified engineer.  All day and night I help singers, song writers, poets, instrumentalists … people with making themselves sound great!; whether live or recorded.  I gave them countless ideas, suggestions and examples of what they needed to sound like to be successful and to make the money they wanted to make.  The founder of Dealer Synergy (Sean Bradley) approached me with the idea of, “I want to do the same for our industries internet coordinators.”

 

To add to my credibility, Sean denotes that I am visually impaired, therefore audio is my world.  We agree that if I can train pop artists on how to sound good in the studio, then I can definitely train willing internet coordinators on how to sound great on the phone.

 

See, for blind people like me (And your phone customers), the science of communication works a little differently.  We must understand that we lose the 55% body language and other visual queues, so now that normal 38% voice inflection and 7% words we use become SO much more integral in how we need to communicate.  I can help the sighted community understand and implement strategies to assist with that. :)  Enough with all the technical jargon…let me invite you into my personal life and show you the real reason why I could be the best individual to coach your internet coordinators.

 

As a visually impaired gentleman, I never really fancied going out and meeting females.  I was sure I could charm them and all, but I felt unequivocally that my strength was my smooth, deep, richly textured voice.  I knew that I had great conversational skills and would meet lots of women on chat lines.  Follow me now, the whole purpose of talking on the phone with these ladies was to get a face to face meeting.  I engaged them in great conversation, I was patient and allowed them to talk and express themselves, I answered their questions and gave them a great value package proposition.  By the time we met in person, the deal was already done, I just had to not mess it up.  That’s the power awesome internet coordinators hold.

 

As internet coordinators we must understand, that our job is not to cell cars over the phone.  We are not directly in the product business.  We are however in the business of selling appointments to meet our establishment.  The comedian Chris Rock says “When you meet a person, you don’t really meet them…you meet their representative.”  Let’s all make sure that we’re being great phone representatives of our dealerships.

 

Another saying, “You Never get a second chance to make a first impression.”  Effective phone skills are essential to creating a positive first impression  which sets the tone for the rest of the customer’s interaction with our organization.  A telephone call is often your customer’s first impression of your organization.  Don’t leave it to chance!  Implement an effective phone process from Dealer Synergy and sell more cars more profitably more often!

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Honda of Kenosha girls = Certified Phone Ninjas! !

 

These girls rock! (and even Sponge Bob think so too!)  We just got done some great phone training, and I have to stop and say: Great job Kelly, Kassandra and Sarah in really taking advantage of the holiday season spending, stressing urgency to come to the dealership while the deals are unbelievable, and they are having a GREAT month going into the last few days!  These girls are very focused on their goals, and have truely MASTERED the process of making a great phone call, and having an answer for everything...and your results show! 

 

We also discussed how it has really been a great start of the last week in December for them, and they all understand that there are only a few more days to buy a car in 2010!  Don't let up now!!

 

I personally have sold 3 cars on New Year's Eve before, so don't take it lightly!  There is plenty of business to be done.  The party don't start until AFTER business hours, and what better way to bring in the new year with a NEW vehicle!! :)

 

Happy Selling, and I hope everyone has an exciting and safe New Year!

 

Andy Fedo

VP of Training

andy@dealersynergy.com

 

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http://www.facebook.com/seanvbradley

INSIDE a LIVE Training WORKSHOP on Objections, Expectations & Rebuttals... Automotive Internet Sales Ninjas in TRAINING!

VERY POWERFUL!!! Notice... They are NOT using ANY Scripts or Books!!! All on the FIRST DAY! Go Team GO!

 

 

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http://www.dealersynergy.com Here is an article that I wrote years ago and it was re-published by numerous National Automotive Sales Magazines & Newsletters... Mastering Objections, Expectations and Rebuttals by Sean Bradley, CEO and Founder of Dealer Synergy We all have had customers voice objections such as “No,” “What’s your best price?” “You are too far away,” “Is it on your lot?” and countless other variations. Over the years, we’ll all developed our own ways of handling those objections. Let me share a few of mine. First, let’s take a look at the top five reasons why Internet prospects are utilizing the Internet: Availability Price Convenience It’s a different way to do business, i.e., they don’t like car salesmen Research I have two rebuttals for each of these points, but before I do that I want to drill home the significance of the proactive approach rather than the “reactive” approach. Properly trained, you can overcome objections. However, I’d rather deal with expectations than objections. An expectation is exactly what it sounds like… something that a prospect is expecting. For example, what if you were making a follow-up call with your Internet prospect and after you went through the greeting phase of the call you transitioned with a qualifying question… “Mr. Customer, quick question for you, have you ever purchased a vehicle online before?” … “No?” “OK… What were you looking to accomplish by going online?” Notice that I don’t wait for the prospect to blurt out in the beginning of the call, “What’s your best price” or “Do you have that in stock right now?” Instead, I take the proactive approach and ask him early in the conversation, “What were you looking to accomplish by going online?” Because I already know he is going to respond with one of the five top reasons, I’m already prepared with my response. For example, when I asked my qualifying question, Mr. Customer might respond… “Well, Sean, I was looking for the best price, of course.” My rebuttal could be something like, “Mr. Customer, if I wasn’t able to get you the absolute best deal I would never expect you to buy a car from us…OK?” They usually respond “OK.” With that said, I counter with, “Mr. Customer, what else is important to you in regard to purchasing your next vehicle?” Note that I am in control of this conversation and am leading the prospect down the phone sales path to the goal of the appointment (that is Covey’s second habit…start with the end in mind). In sales we all aspire to the level of exceeding a customer’s expectations. The truth is though that we can never truly exceed a person’s expectation unless we first know what those expectations are. The easiest way to find that out is to simply ask… “What were you looking to accomplish by going online?” The other reason why we don’t just take the first response to that qualifying question is because it might only be a surface response. For example, it might seem like everyone is using the Internet just to shop price. That is so far from the case. Industry stats show that only 18%-20% of Internet shoppers are motivated solely by price. What does that tell you? All of those Internet customers that ask you what the price is… they actually have other wants and desires besides the price. Your job is to discover what those are. So, you should respond with a feel/felt/found rebuttal like: “Mr. Customer, I feel exactly as you do. Price is important to me too. As a matter of fact, most people feel the same way. That is why they are going online… to find the best price… and do you know what they have found? They found that by going to ABC Motors not only are they going to get the best price… they are also going to having an amazing experience in the process.” You might be saying, “Wow, that is way too much for me to remember.” You don’t have to remember all the words, just the concept. From there, it’s simply a matter of putting it in your own words. I am going to now give you two rebuttals for the remaining four top Internet expectations: Availability “Mr. Customer, that vehicle is definitely available. Now that you know you can have it immediately, what other factors are important to you in purchasing your next vehicle?”(If it is in allocation, you can get it through a dealer locate/swap or if you can order it from the manufacturer, it’s available.) **Over 80 percent of Internet prospects wind up purchasing something other than what they requested through an online initiative. Either they are upside down on the trade, can’t afford the vehicle, can’t afford the down payment or monthly payments or simply because the vehicle wasn’t available. So the idea is not to fight them over the phone. Let me be crystal clear, I am not saying to lie and say it is in stock or it’s available when there is no way you can secure the vehicle. I am saying if you can secure the vehicle, then it is available. “We are one of the largest Ford dealerships in the state of Florida; inventory is never an issue here. So what else is important to you in purchasing your next vehicle?” Convenience “Mr. Customer, we make it easier than ever for our clients to purchase a vehicle. We have two options for our online shopper. Option 1: We can offer free delivery to your home or office. Option 2: We can schedule what is called an expedited delivery process that means we handle most of the paperwork over the phone, schedule a time for you to come in for a final inspection, then move you quickly through our finance department. So, besides convenience, what else is important to you in purchasing your next vehicle?” Feel/Felt/Found: “Mr. Customer, I feel the same way you do. My time is important to me. As a matter of fact, most people feel the same way we do, which is why they are using the Internet to make it easier to purchase a vehicle. And they have found that by going onto ABC Motors.com not only are they going to have a no-hassle, easy experience, they are also going to get a great deal too. So, aside from convenience, what else is important to you in purchasing your next vehicle?” Research “Mr. Customer, an educated customer like yourself makes my job a lot easier. What else is important to you in purchasing your next vehicle?” “Congratulations, your research led you to us. Now, what else is important to you in purchasing your next vehicle?” Hate car salesmen/looking for a different way to do business: “Mr. Customer, it sounds like you had a bad experience before.” You want to be empathetic with the prospect. Remember, if you can get the prospect to like you, trust you, and believe you, he will buy from you. Find out what happened that left him with a bad taste in his mouth and then assure him that is not how you conduct business. Make him understand that you and your dealership are an integrity-based operation. “Mr. Customer, I can appreciate what you are saying but let me say this… there are good priests out there, there are bad priests out there. There are good police out there, and there are bad police out there. Unfortunately, there are less than professional car salesman out there, but you are now dealing with an automotive professional and I assure you that we (ABC Motors) run an integrity-based operation here.” Transition both rebuttals with… “With that said, what else is important to you in purchasing your next vehicle?” I would suggest that you call an Internet sales meeting or if you are a small Internet department, get the floor involved and start to brainstorm. Think of the various objections and expectations that come to you on a daily basis. After you have outlined your top five or 10 expectations, go around the room and everyone should contribute one to two rebuttals for each of the expectations/ objections. After you have a list of 30 to 40, vote on the top three to four rebuttals for each of the expectations/rebuttals. That will be your final word track list. So, if you have the top five expectations and I gave you two for each, if you come up with two more on your own then you will have a total of four per expectation. That is 20 word tracks in your arsenal. Now you need to train and drill them over and over until they are reflex and memory. You tell me how much more effective you would be on the phones if you first knew exactly what to say and when to say it. You would be on your way to becoming a phone Ninja. Sean V. Bradley
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Add me!! I need friends!!!

Hi everyone! It's been a great 1st week back to Dealer Synergy and I have spoken with many of our clients so far for a phone training or just to say Hello! There is so much that can be done to get our dealerships ramped up for year-end, and I promise I will reach out to those of you I haven't spoken to yet very soon. I have been working on more material to help improve Dealer Synergy's action plan in keeping our dealers ramped up, and better than ever on the phones. With the economy constantly changing, I have new scripted rebuttals that will help our departments handle more types of customers.

Our phone trainings have been going great, and we have some new clients that will be able to take advantage of our brand new cirriculum of phone trainings to make you a "Appointment Ninja" faster than ever! Everyone that is fluent and already taking advantage of "the 10 steps" will get even better! It's the perfect time to start making the end-of-year "push" to really CRUSH the competition and finish the year with fantastic numbers (and PAYCHECKS!!).

As of now, I wish everyone a safe and happy weekend...and we all know the weekend is always better after having a BIG Saturday....so CONFIRM those APPOINTMENTS!! :)

Andy Fedo

VP of Training

Dealer Synergy

andy@dealersynergy.com

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