keep it simple - lasso crm · understanding the information in your crm. improving your sales...
TRANSCRIPT
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KEEP IT SIMPLE WITHOUT GETTING LEFT BEHIND:
WHAT ARE YOU DOING WRONG WITH YOUR CRM?Thursday, April 19, 2018
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Dave Betcher, Vice President, Lasso [email protected] | @davebetcher
LASSO CRM
The Power of Your DatabaseUnderstanding the information in your CRM.
Improving your sales process by analyzing your data.
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THE HARD REALITYThe undeniable truth is that most home or home site sales occur as a result of multiple contacts.
It isn’t the responsibility of the prospects to come back or call back. They normally won’t do it. They will forget you, procrastinate or, even worse, get involved with another salesperson. That’s why you must have a strategy to initiate all
contacts, call- backs, and appointments.
Your current customers and prospects are also other salespeople’s prospects.
Therefore, persistence and consistency are the keys to keeping a meaningful relationship. The moment you stop calling or writing is the moment they become involved with another sales professional.
PERSISTENCE AND CONSISTENCY ARE THE KEYS TO KEEPING A MEANINGFUL RELATIONSHIP
- Myers Barnes
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WHAT DOES A LEAD COST?
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WHERE ARE MY LEADS COMING FROM
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THE REAL NUMBERS
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WHAT DOES A LEAD COST?
Community 1
Number of Closings 100
Average number of monthly leads (online/walk-in) 75
Average home price across all communities $500,000
Gross Revenue $50,000,000
Mktg budget 1%
Avg mktg spend $500,000
Total # of Leads 1,800
Cost Per Lead $278
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THE REAL REALITY
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WHY DO MY SALES REPS HATE USING MY CRM?
• Takes too much time• Not intuitive• Accountability• Visibility• No training• No involvement in selection• No clear objectives
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WHY SHOULD MY SALES REPS LOVE MY CRM?
• Centralized access• Increased productivity• Makes them look professional• Generate more sales• Much happier prospects• Helps them remember
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HOW TO ENSURE MY SALES TEAMS USE OUR CRM
ü Set Realistic Expectationü Treat Each Sales Rep Individuallyü Keep It Simpleü Engage Your Sales Team in the
Processü Hold Firm
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NOW WHAT DO I DO?
The importance of a systematic approach
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NOW WHAT DO I DO? UNDERSTANDING MY LEADS
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UNDERSTANDING THE PROSPECT PROFILE – THE BASICS• Prospect detail
– At least get the basics - Name / Phone number/email address
• Source of the lead Walk In / Zillow / Facebook / Website
• Do my sales teams know what my ratings mean? – No ambiguity, can’t be vague, be descriptive– All leads get rated – no exceptions– Are my sales people afraid to call someone an A?
• Have the registration form questions been answered?– Do I know how people heard about us?
• Do I have a follow up process for each prospect type?
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NOW WHAT DO I DO?
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Community 1
Number of Closings 100
Average number of monthly leads (online/walk-in) 75
Average home price across all communities $500,000
Gross Revenue $50,000,000
Mktg budget 1%
Avg mktg spend $500,000
Total # of Leads 1,800
Cost Per Lead $278
HOW MANY LEADS DO I NEED?
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WHAT DOES THIS MEAN?
1 lead = 9 activities in 30 days75 leads/month = 675 activities/month23 activities/day
9 templated emails8 phone calls5 rating evaluations1 video email
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CRAFTING YOUR EMAILS
What is your call to action?
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FIRST THINGS FIRST – AUTO REPLYTHE MOST IMPORTANT EMAIL YOU WILL SEND
What is your call to action?
Subject Line – Identify Builder Or Community First
Personal Introduction
Next Step Call To Action
Direct Them To Social Media
All Personal Contact Details With Active Links
Welcome Emails Generate 5 x the click rates and 4 times the open rates compared to other bulk emails.
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FIRST THINGS FIRST – AUTO REPLYTHE MOST IMPORTANT EMAIL YOU WILL SEND
Subject Line – Identify Builder And Source Of Lead
Personal Introduction
Next Step Call To Action
Direct Them To Website and Social Media
All Personal Contact Details With Active Links
Welcome Emails Generate 5 x the click rates and 4 times the open rates compared to other bulk emails.
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FOLLOW UP EMAIL
Subject Line – Identify Builder Or Community First
Useful Knowledge – Emphasize Key Points
Call To Action
All Personal Contact Details With Active Links
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CONSISTENCY IN COMMUNICATION
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TAKE ACTION• Value Every Lead - They All Have A Cost $$$• CRM should be your sales teams best friend, make them want to use it• Hold everyone accountable. If its not in your CRM, it didn’t happen• We can’t expect our sales teams to follow up effectively without a defined
process• Email messaging, tone, spelling/grammar, fonts ALL COUNT
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LET’S ANSWER YOUR QUESTIONS