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Online Best Practices




By Adam Ross - Infinite Prospects, Inc.
Objectives
Objectives
   Learn what consumers experience when going
    to research websites like Edmunds.com.
Objectives
   Learn what consumers experience when going
    to research websites like Edmunds.com.
   Identify our current online contact process.
Objectives
   Learn what consumers experience when going
    to research websites like Edmunds.com.
   Identify our current online contact process.
   Review industry-accepted best practices to
    enhance and improve the current prospect
    experience.
Objectives
   Learn what consumers experience when going
    to research websites like Edmunds.com.
   Identify our current online contact process.
   Review industry-accepted best practices to
    enhance and improve the current prospect
    experience.
   Remember to have fun interacting with
What % of Buyers Today Are
Shopping Online for a Car?




       Yes
       No
What % of Buyers Today Are
Shopping Online for a Car?
“Surveys indicate up to 90% of car buyers use
 the Internet as part of the shopping process.”
        Source: Ward’s Auto.com, April 16, 2010




            Yes
            No
What % of Buyers Today Are
Shopping Online for a Car?
“Surveys indicate up to 90% of car buyers use
 the Internet as part of the shopping process.”
         Source: Ward’s Auto.com, April 16, 2010

   Do You Use The Internet to Research Your Car Purchases
                           10%



             Yes
             No



                                 90%
What Research Sites Are People
What Research Sites Are People




    Edmunds.com
What Research Sites Are People




    Edmunds.com       KBB.com
What Research Sites Are People




    Edmunds.com                      KBB.com

          Let’s Go Through The Steps of Building a Car on
      Edmunds.com to Better Understand What Consumers
                                               Experience
Edmunds.com
Edmunds.com




Many
Ways to
Choose
Make /
Model
Edmunds.com (cont.)
Edmunds.com (cont.)

  Tabs – Pricing, Reviews,
  Photo/Video, Inventory,
              Quick Quote
Edmunds.com (cont.)

  Tabs – Pricing, Reviews,
  Photo/Video, Inventory,
              Quick Quote



          Build Your Own
Edmunds.com (cont.)

  Tabs – Pricing, Reviews,
  Photo/Video, Inventory,
              Quick Quote



          Build Your Own




                   Quick
                 Quote to
                  Dealers
Edmunds.com (cont.)
Edmunds.com (cont.)


         Build Your Own
    Selecting Equipment
Edmunds.com (cont.)


         Build Your Own
    Selecting Equipment
Edmunds.com (cont.)
Edmunds.com (cont.)


                Pricing:
        Invoice & MSRP
     True Market Value
Edmunds.com (cont.)


                Pricing:
        Invoice & MSRP
     True Market Value




                           + $1090
Edmunds.com (cont.)
Edmunds.com (cont.)


      Get Dealer Quotes
     Choice of 5 Dealers
      Sorted by Distance




   First/Last/Phone/ZIP/
          Email Required
Edmunds.com (cont.)


      Get Dealer Quotes
     Choice of 5 Dealers
      Sorted by Distance




   First/Last/Phone/ZIP/
          Email Required
Edmunds.com (cont.)
Edmunds.com (cont.)


       Reviews & Specs Tab



  Reviews, Ratings, Awards,
    Forum, Technical Specs
Edmunds.com (cont.)
Edmunds.com (cont.)


         Reviews & Specs Tab



  Current National Programs &
Rebates from the Manufacturer
Edmunds.com (cont.)
Edmunds.com (cont.)

    Photo & Video Tab
Edmunds.com (cont.)
Edmunds.com (cont.)
  New Car Inventory
       Search Tab




   New Car Inventory
 Listed by Dealership
The Online Contact Process
The Online Contact Process
           Is Our Current Process
           Working?
The Online Contact Process
           Is Our Current Process
           Working?
           Are We Using Best Practices?
Best Practice Contact Process




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Best Practice Contact Process
      Just because we’re using a computer to initiate
           the discussion doesn’t mean we should
           abandon the proven Road Map to a sale




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Best Practice Contact Process
      Just because we’re using a computer to initiate
           the discussion doesn’t mean we should
           abandon the proven Road Map to a sale
                                                                                           Meet & Greet
                                                                                           • Qualifying
                                                                                           • Lot Walk
                                                                                           • Walkaround
                                                                                           • Test Drive
                                                                                           • Trial Close
                                                                                           • Write-Up
                                                                                           • Delivery



Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Our Current Online Contact
Process
Our Current Online Contact
Process
 Step 1
 • Lead Hits CRM Tool
 • Auto-Response E-Mail is Sent



 Step 2
 • Are we calling or emailing first?
 • How quick is the first manual contact?



 Step 3
 • How do we address pricing over the phone?
 • When do we ask for the appointment?
What’s Happening Right Now?
What’s Happening Right Now?
Generally, have our experiences with prospects
   who initiate communication online been
              positive or negative?
What’s Happening Right Now?
Generally, have our experiences with prospects
   who initiate communication online been
              positive or negative?
   What are some of the positives that we encounter
    when dealing with Internet prospects?
What’s Happening Right Now?
Generally, have our experiences with prospects
   who initiate communication online been
              positive or negative?
   What are some of the positives that we encounter
    when dealing with Internet prospects?
   How are we being challenged that needs to be
    addressed and/or overcome?
What’s Happening Right Now?
Generally, have our experiences with prospects
   who initiate communication online been
              positive or negative?
   What are some of the positives that we encounter
    when dealing with Internet prospects?
   How are we being challenged that needs to be
    addressed and/or overcome?
   Are we trying to sell a car over the phone or focusing
    on the consumer coming in?
What’s Happening Right Now?
Generally, have our experiences with prospects
   who initiate communication online been
              positive or negative?
   What are some of the positives that we encounter
    when dealing with Internet prospects?
   How are we being challenged that needs to be
    addressed and/or overcome?
   Are we trying to sell a car over the phone or focusing
    on the consumer coming in?
   Let’s come up with a game plan together to handle
    each online prospect from a positive angle.
Attitude




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Attitude
        How much does our attitude affect our sales
                performance? Add it up…




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Attitude
        How much does our attitude affect our sales
                performance? Add it up…
                                                            A =          1

                                                             T = 20
                                                             T = 20
                                                             I =         9

                                                             T = 20
                                                            U = 21
                                                            D =          4

                                                             E =         5



Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Attitude
        How much does our attitude affect our sales
                performance? Add it up…
                                                            A =          1

                                                             T = 20
                                                             T = 20
                                                             I =         9

                                                             T = 20
                                                            U = 21
                                                            D =          4

                                                             E =         5

                                                              100%
Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Attitude
        How much does our attitude affect our sales
                performance? Add it up…
                                                            A =          1

                                                             T = 20
                                                             T = 20
                                                             I =         9           If we expect that every lead
                                                                                      and/or prospect we see is
                                                             T = 20                     “bottom-feeding” then
                                                                                       that’s exactly what they’ll
                                                            U = 21                                be…
                                                            D =          4

                                                             E =         5

                                                              100%
Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Sales Floor vs.                                                               Online….




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Sales Floor vs.                                                               Online….
            Introduction
            • Meet & Greet
            • Auto-Response



            Qualification
            • Qualifying Questions
            • Fact Finding E-Mail



            Inventory Display
            • Lot Walk & Walkaround
            • Multi-Price Menu




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Sales Floor vs.                                                               Online….
            Introduction
            • Meet & Greet
            • Auto-Response



            Qualification
            • Qualifying Questions
            • Fact Finding E-Mail



            Inventory Display
            • Lot Walk & Walkaround
            • Multi-Price Menu


                 The initial steps to lead prospects to a sale DO NOT CHANGE
                   – merely the method of communication you use to engage
                                                                        them.
Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Don’t Skip Steps
Don’t Skip Steps
   How difficult is it to make a sale when we don’t
    properly greet the prospect?
Don’t Skip Steps
   How difficult is it to make a sale when we don’t
    properly greet the prospect?
   What happens when we fail to ask qualifying
    questions?
    ◦ Are we more or less likely to complete a deal?
    ◦ If we do make the deal, is the gross typically higher
      or lower?
Don’t Skip Steps
   How difficult is it to make a sale when we don’t
    properly greet the prospect?
   What happens when we fail to ask qualifying
    questions?
    ◦ Are we more or less likely to complete a deal?
    ◦ If we do make the deal, is the gross typically higher
      or lower?
        Tip:
        If you’re closing deals based solely on price, you’re leaving a
                          ton of money on the table.
Don’t Skip Steps
   How difficult is it to make a sale when we don’t
    properly greet the prospect?
   What happens when we fail to ask qualifying
    questions?
    ◦ Are we more or less likely to complete a deal?
    ◦ If we do make the deal, is the gross typically higher
      or lower?
        Tip:
        If you’re closing deals based solely on price, you’re leaving a
                          ton of money on the table.
         Establish rapport, build value in the vehicle and the car and
               you’ll have a much better chance to close a sale.
What Can’t Consumers Find Out
Online Without Talking to Us?
What Can’t Consumers Find Out
    Online Without Talking to Us?
                     New Car Shopper
    ◦ Is it in-stock and available (or can you get it for me)?
    ◦ What will it cost me?
What Can’t Consumers Find Out
    Online Without Talking to Us?
                     New Car Shopper
    ◦ Is it in-stock and available (or can you get it for me)?
    ◦ What will it cost me?
What Can’t Consumers Find Out
    Online Without Talking to Us?
                     New Car Shopper
    ◦ Is it in-stock and available (or can you get it for me)?
    ◦ What will it cost me?

                        CPO Shopper
    ◦ Is it STILL in-stock?
    ◦ Tell me something about the car not on the window
      sticker
What Can’t Consumers Find Out
    Online Without Talking to Us?
                     New Car Shopper
    ◦ Is it in-stock and available (or can you get it for me)?
    ◦ What will it cost me?

                        CPO Shopper
    ◦ Is it STILL in-stock?
    ◦ Tell me something about the car not on the window
      sticker

          Does Our Current Process Address
                 these Questions?
What do Online Shoppers Expect?
What do Online Shoppers Expect?
   They want their questions answered
What do Online Shoppers Expect?
   They want their questions answered
   They REQUIRE   PRICING to be addressed
What do Online Shoppers Expect?
   They want their questions answered
   They REQUIRE PRICING to be addressed
   They want, and need to be offered, CHOICE –
    ◦ Different option configurations available
    ◦ Alternate models, including CPO
    ◦ Lease, Finance, Cash methods of payment
      Multiple down payment choices
      Multiple term options
      12 and 15k miles per year on leases
What do Online Shoppers Expect?
   They want their questions answered
   They REQUIRE PRICING to be addressed
   They want, and need to be offered, CHOICE –
    ◦ Different option configurations available
    ◦ Alternate models, including CPO
    ◦ Lease, Finance, Cash methods of payment
      Multiple down payment choices
      Multiple term options
      12 and 15k miles per year on leases
   Try the menu approach…
Set and Exceed Expectations




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Set and Exceed Expectations
   Each time you speak to or email a consumer you give
     yourself the opportunity to establish CREDIBILITY.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Set and Exceed Expectations
   Each time you speak to or email a consumer you give
     yourself the opportunity to establish CREDIBILITY.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Set and Exceed Expectations
   Each time you speak to or email a consumer you give
     yourself the opportunity to establish CREDIBILITY.

         What would you think if I promised you pricing
       information within 2 Hours, but instead provided it:




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Set and Exceed Expectations
   Each time you speak to or email a consumer you give
     yourself the opportunity to establish CREDIBILITY.

         What would you think if I promised you pricing
       information within 2 Hours, but instead provided it:




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Set and Exceed Expectations
   Each time you speak to or email a consumer you give
     yourself the opportunity to establish CREDIBILITY.

         What would you think if I promised you pricing
       information within 2 Hours, but instead provided it:




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Set and Exceed Expectations
   Each time you speak to or email a consumer you give
     yourself the opportunity to establish CREDIBILITY.

         What would you think if I promised you pricing
       information within 2 Hours, but instead provided it:

                                                   8 Hours Later?




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Set and Exceed Expectations
   Each time you speak to or email a consumer you give
     yourself the opportunity to establish CREDIBILITY.

         What would you think if I promised you pricing
       information within 2 Hours, but instead provided it:

                                       8 Hours Later?
                                1 Hour and 45 Minutes Later?




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Set and Exceed Expectations
   Each time you speak to or email a consumer you give
     yourself the opportunity to establish CREDIBILITY.

         What would you think if I promised you pricing
       information within 2 Hours, but instead provided it:

                                       8 Hours Later?
                                1 Hour and 45 Minutes Later?
                                     15 Minutes Later?




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Set and Exceed Expectations
   Each time you speak to or email a consumer you give
     yourself the opportunity to establish CREDIBILITY.

         What would you think if I promised you pricing
       information within 2 Hours, but instead provided it:

                                       8 Hours Later?
                                1 Hour and 45 Minutes Later?
                                     15 Minutes Later?




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Set and Exceed Expectations
   Each time you speak to or email a consumer you give
     yourself the opportunity to establish CREDIBILITY.

         What would you think if I promised you pricing
       information within 2 Hours, but instead provided it:

                                       8 Hours Later?
                                1 Hour and 45 Minutes Later?
                                     15 Minutes Later?

     Under Promise and Over Deliver – It Will Never Hurt
                           You


Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Customer Price Expectations
Customer Price Expectations
                    Customer Types

                     "Grinder"
                       20%




      "Lay Down"
          10%



                                     "F
Customer Price Expectations
                    Customer Types

                             "Grinder"
                               20%




      "Lay Down"
          10%



                                                "F




    Treat Each Customer as if they’re looking
        for a Fair Deal, not a “Grinder”…
Why Do I Need to EMail




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Why Do I Need to EMail
    How did you feel when looking to buy any item and
     the salesperson or clerk avoids your question about
     pricing to talk about features and benefits?




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Why Do I Need to EMail
    How did you feel when looking to buy any item and
     the salesperson or clerk avoids your question about
     pricing to talk about features and benefits?
    Think of a jewelry store – when the price tags are
     turned around do you assume the prices are high or
     low?




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Why Do I Need to EMail
    How did you feel when looking to buy any item and
     the salesperson or clerk avoids your question about
     pricing to talk about features and benefits?
    Think of a jewelry store – when the price tags are
     turned around do you assume the prices are high or
     low?
       When you don’t address price, people assume it’s
       because either you’re embarrassed to discuss it
          or that it’s too high… Then they focus on it!




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Why Do I Need to EMail




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Why Do I Need to EMail
    How many big-ticket items have you purchased in
     your life without knowing what it would cost?




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Why Do I Need to EMail
    How many big-ticket items have you purchased in
     your life without knowing what it would cost?
    In your experience, does talking about price over the
     phone usually increase or decrease profits?




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Why Do I Need to EMail
    How many big-ticket items have you purchased in
     your life without knowing what it would cost?
    In your experience, does talking about price over the
     phone usually increase or decrease profits?

       E-Mail allows you to address price without talking.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Why Do I Need to EMail
    How many big-ticket items have you purchased in
     your life without knowing what it would cost?
    In your experience, does talking about price over the
     phone usually increase or decrease profits?

       E-Mail allows you to address price without talking.

     When making follow-up phone calls, the Multi-Price
     Menu E-Mail empowers you to focus on the customer,
     ask questions, and SELL the APPOINTMENT – not the
                             car.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Why Do I Need to EMail
    How many big-ticket items have you purchased in
     your life without knowing what it would cost?
    In your experience, does talking about price over the
     phone usually increase or decrease profits?

       E-Mail allows you to address price without talking.

     When making follow-up phone calls, the Multi-Price
     Menu E-Mail empowers you to focus on the customer,
     ask questions, and SELL the APPOINTMENT – not the
                             car.

         It also eliminates the adversarial “how much is it”
                       question over the phone.
Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
The 3 Appointment Per Day Rule




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
The 3 Appointment Per Day Rule
        All We Need to Do is Find a Way to Set




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
The 3 Appointment Per Day Rule
        All We Need to Do is Find a Way to Set
             Just 3 Appointments Per Day




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
The 3 Appointment Per Day Rule
        All We Need to Do is Find a Way to Set
             Just 3 Appointments Per Day
                     3      Appointments per Day
              x 20 Working Days per Month
                   60 Total Appointments Set
              - 30 No-Shows
                   30 Appointments Show Up
              x 80% Closing Ratio for Set Appts that know their price up
                    front
           = 24 SALES PER MONTH BY
                APPOINTMENT

Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Best Outbound Phone
        Call Practices
Best Outbound Phone
        Call Practices
       When and How Often?
Best Outbound Phone
        Call Practices
       When and How Often?
       Outbound Phone Script
Best Outbound Phone
        Call Practices
       When and How Often?
       Outbound Phone Script
       Trigger Words
Best Outbound Phone
        Call Practices
       When and How Often?
       Outbound Phone Script
       Trigger Words
       Overcoming Phone Fright
When and How Often?
When and How Often?
   What time of day are we calling?
    ◦ Make sure to stagger our times
When and How Often?
   What time of day are we calling?
    ◦ Make sure to stagger our times
   How many times per day are we calling?
    ◦ Day 1 – up to 3 attempts (depending on when we get the lead)
    ◦ Day 2 – 2 attempts
    ◦ Day 3 and beyond – no more than 1 attempt per day
When and How Often?
   What time of day are we calling?
    ◦ Make sure to stagger our times
   How many times per day are we calling?
    ◦ Day 1 – up to 3 attempts (depending on when we get the lead)
    ◦ Day 2 – 2 attempts
    ◦ Day 3 and beyond – no more than 1 attempt per day
   What are we saying when we get them on the
    phone?
    ◦ Let our email set up the phone call
    ◦ Use the script on the next page
Outbound Phone Script
Outbound Phone Script
Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar -
   am I interrupting anything? The purpose of my call is to make sure you received my
   e-mail response to your request for a Jaguar. Did you receive my e-mail?
Outbound Phone Script
Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar -
   am I interrupting anything? The purpose of my call is to make sure you received my
   e-mail response to your request for a Jaguar. Did you receive my e-mail?
Were there any other options that you would like to have on this [MODEL] that we did
   not include in the e-mail? Before you made a decision on this particular vehicle had
   you considered any other makes and models? Are there any colors you would NOT
   consider?
Outbound Phone Script
Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar -
   am I interrupting anything? The purpose of my call is to make sure you received my
   e-mail response to your request for a Jaguar. Did you receive my e-mail?
Were there any other options that you would like to have on this [MODEL] that we did
   not include in the e-mail? Before you made a decision on this particular vehicle had
   you considered any other makes and models? Are there any colors you would NOT
   consider?
    Tell me, [CUSTOMER FIRST NAME], is a test drive important to you?
Outbound Phone Script
Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar -
   am I interrupting anything? The purpose of my call is to make sure you received my
   e-mail response to your request for a Jaguar. Did you receive my e-mail?
Were there any other options that you would like to have on this [MODEL] that we did
   not include in the e-mail? Before you made a decision on this particular vehicle had
   you considered any other makes and models? Are there any colors you would NOT
   consider?
    Tell me, [CUSTOMER FIRST NAME], is a test drive important to you?
I’m curious - what are you currently driving? Tell me all about this vehicle: year, make,
   model, condition, miles, color, flaws or needed repairs? Can you tell me what you like
   best about your vehicle? (Explore)
Outbound Phone Script
Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar -
   am I interrupting anything? The purpose of my call is to make sure you received my
   e-mail response to your request for a Jaguar. Did you receive my e-mail?
Were there any other options that you would like to have on this [MODEL] that we did
   not include in the e-mail? Before you made a decision on this particular vehicle had
   you considered any other makes and models? Are there any colors you would NOT
   consider?
    Tell me, [CUSTOMER FIRST NAME], is a test drive important to you?
I’m curious - what are you currently driving? Tell me all about this vehicle: year, make,
    model, condition, miles, color, flaws or needed repairs? Can you tell me what you like
    best about your vehicle? (Explore)
If there’s something you could have changed about your _______, what would it be?
Outbound Phone Script
Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar -
   am I interrupting anything? The purpose of my call is to make sure you received my
   e-mail response to your request for a Jaguar. Did you receive my e-mail?
Were there any other options that you would like to have on this [MODEL] that we did
   not include in the e-mail? Before you made a decision on this particular vehicle had
   you considered any other makes and models? Are there any colors you would NOT
   consider?
    Tell me, [CUSTOMER FIRST NAME], is a test drive important to you?
I’m curious - what are you currently driving? Tell me all about this vehicle: year, make,
    model, condition, miles, color, flaws or needed repairs? Can you tell me what you like
    best about your vehicle? (Explore)
If there’s something you could have changed about your _______, what would it be?
 So, will you be selling this vehicle privately or would you let us purchase it from
                                           you?
Outbound Phone Script
Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar -
   am I interrupting anything? The purpose of my call is to make sure you received my
   e-mail response to your request for a Jaguar. Did you receive my e-mail?
Were there any other options that you would like to have on this [MODEL] that we did
   not include in the e-mail? Before you made a decision on this particular vehicle had
   you considered any other makes and models? Are there any colors you would NOT
   consider?
    Tell me, [CUSTOMER FIRST NAME], is a test drive important to you?
I’m curious - what are you currently driving? Tell me all about this vehicle: year, make,
    model, condition, miles, color, flaws or needed repairs? Can you tell me what you like
    best about your vehicle? (Explore)
If there’s something you could have changed about your _______, what would it be?
 So, will you be selling this vehicle privately or would you let us purchase it from
                                           you?
In order for us to give you the best value for your current vehicle, we’ll need to see your
   ________, would today or tomorrow be more convenient for you? Morning or
   afternoon? Is10:15 or 11:40 better? Great - we will see you on __________ at __________.
   If for some reason something comes up, I will be sure to let you know. Will you please
   let me know if you’re delayed or can’t make it?
Outbound Phone Script
Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar -
   am I interrupting anything? The purpose of my call is to make sure you received my
   e-mail response to your request for a Jaguar. Did you receive my e-mail?
Were there any other options that you would like to have on this [MODEL] that we did
   not include in the e-mail? Before you made a decision on this particular vehicle had
   you considered any other makes and models? Are there any colors you would NOT
   consider?
    Tell me, [CUSTOMER FIRST NAME], is a test drive important to you?
I’m curious - what are you currently driving? Tell me all about this vehicle: year, make,
    model, condition, miles, color, flaws or needed repairs? Can you tell me what you like
    best about your vehicle? (Explore)
If there’s something you could have changed about your _______, what would it be?
 So, will you be selling this vehicle privately or would you let us purchase it from
                                           you?
In order for us to give you the best value for your current vehicle, we’ll need to see your
   ________, would today or tomorrow be more convenient for you? Morning or
   afternoon? Is10:15 or 11:40 better? Great - we will see you on __________ at __________.
   If for some reason something comes up, I will be sure to let you know. Will you please
   let me know if you’re delayed or can’t make it?
I will send you an e-mail confirmation of the appointment that has directions to the
   store.
   Is this the best number to reach you or is there another number I should have?
Trigger Words
Trigger Words
 Hi
Trigger Words
 Hi
 
 Interrupting?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
     Options and Colors?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
     Options and Colors?
 
 
   
      
     
      Test Drive Important?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
     Options and Colors?
 
 
   
      
     
      Test Drive Important?
 
 Driving Now?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
      Options and Colors?
 
 
   
      
      
      Test Drive Important?
 
 Driving Now?
 
 
   Details, need work or repair?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
      Options and Colors?
 
 
   
      
      
      Test Drive Important?
 
 Driving Now?
 
 
   Details, need work or repair?
 
 
   
      Favorite features?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
      Options and Colors?
 
 
   
      
      
      Test Drive Important?
 
 Driving Now?
 
 
   Details, need work or repair?
 
 
   
      Favorite features?
 
 
   
      
      What would you change?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
      Options and Colors?
 
 
   
      
      
      Test Drive Important?
 
 Driving Now?
 
 
   Details, need work or repair?
 
 
   
      Favorite features?
 
 
   
      
      What would you change?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
      Options and Colors?
 
 
   
      
      
      Test Drive Important?
 
 Driving Now?
 
 
   Details, need work or repair?
 
 
   
      Favorite features?
 
 
   
      
      What would you change?

 
 
   Sell privately or can we purchase?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
      Options and Colors?
 
 
   
      
      
      Test Drive Important?
 
 Driving Now?
 
 
   Details, need work or repair?
 
 
   
      Favorite features?
 
 
   
      
      What would you change?

 
 
   Sell privately or can we purchase?
 
 
   
       Bring it in for the most $$
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
      Options and Colors?
 
 
   
      
      
      Test Drive Important?
 
 Driving Now?
 
 
   Details, need work or repair?
 
 
   
      Favorite features?
 
 
   
      
      What would you change?

 
 
   Sell privately or can we purchase?
 
 
   
       Bring it in for the most $$
 
 
   
       
       Tonight or This Weekend?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
      Options and Colors?
 
 
   
      
      
      Test Drive Important?
 
 Driving Now?
 
 
   Details, need work or repair?
 
 
   
      Favorite features?
 
 
   
      
      What would you change?

 
   
   Sell privately or can we purchase?
 
   
   
       Bring it in for the most $$
 
   
   
       
       Tonight or This Weekend?
 
   
   
       
       
       Afternoon or Evening?
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
      Options and Colors?
 
 
   
      
      
      Test Drive Important?
 
 Driving Now?
 
 
   Details, need work or repair?
 
 
   
      Favorite features?
 
 
   
      
      What would you change?

 
   
   Sell privately or can we purchase?
 
   
   
       Bring it in for the most $$
 
   
   
       
       Tonight or This Weekend?
 
   
   
       
       
       Afternoon or Evening?
 
   
   
       
       
       
      Confirmation E-Mail
Trigger Words
 Hi
 
 Interrupting?
 
 
   Did You Get My E-Mail?
 
 
   
      Other Makes?
 
 
   
      
      Options and Colors?
 
 
   
      
      
      Test Drive Important?
 
 Driving Now?
 
 
   Details, need work or repair?
 
 
   
      Favorite features?
 
 
   
      
      What would you change?

 
   
   Sell privately or can we purchase?
 
   
   
       Bring it in for the most $$
 
   
   
       
       Tonight or This Weekend?
 
   
   
       
       
       Afternoon or Evening?
 
   
   
       
       
       
      Confirmation E-Mail
 
   
   
       
       
       
      
     Thank You.
Don’t Fall Victim to Phone Fear
Don’t Fall Victim to Phone Fear
  If you knew that you made $25 for each
  outbound call, how many calls would you
              make every day?
Don’t Fall Victim to Phone Fear
  If you knew that you made $25 for each
  outbound call, how many calls would you
              make every day?
Don’t Fall Victim to Phone Fear
       If you knew that you made $25 for each
       outbound call, how many calls would you
                   make every day?
   Place a check mark on your calendar each time you
    dial an outbound call.
Don’t Fall Victim to Phone Fear
       If you knew that you made $25 for each
       outbound call, how many calls would you
                   make every day?
   Place a check mark on your calendar each time you
    dial an outbound call.
   At the end of the month, divide your gross pay by
Don’t Fall Victim to Phone Fear
       If you knew that you made $25 for each
       outbound call, how many calls would you
                   make every day?
   Place a check mark on your calendar each time you
    dial an outbound call.
   At the end of the month, divide your gross pay by


       THAT’S HOW MUCH $$ YOU
         MADE FOR EACH CALL!
4 Words and Phrases
          That Work
4 Words and Phrases
          That Work
      Guaranteed
4 Words and Phrases
          That Work
      Guaranteed
      Risk-free
4 Words and Phrases
          That Work
      Guaranteed
      Risk-free
      Newest, latest, or cutting-edge
4 Words and Phrases
          That Work
      Guaranteed
      Risk-free
      Newest, latest, or cutting-edge
      Limit One to a Customer
General Best Practices




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
General Best Practices
                                                             Bring a Positive Attitude




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
General Best Practices
                                                             Bring a Positive Attitude
                                                             Manage Your Time Better




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
General Best Practices
                                                             Bring a Positive Attitude
                                                             Manage Your Time Better
                                                             Set Realistic Goals




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
General Best Practices
                                                             Bring a Positive Attitude
                                                             Manage Your Time Better
                                                             Set Realistic Goals
                                                             Know When to Move On




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
General Best Practices
General Best Practices
   No one wants to work in a job where they’re
    unsuccessful.
General Best Practices
   No one wants to work in a job where they’re
    unsuccessful.
   This is especially true in sales, where our
    statistics are out in the open.
General Best Practices
   No one wants to work in a job where they’re
    unsuccessful.
   This is especially true in sales, where our
    statistics are out in the open.
   Everyone wants to feel like they are
    successful and making money.
General Best Practices
   No one wants to work in a job where they’re
    unsuccessful.
   This is especially true in sales, where our
    statistics are out in the open.
   Everyone wants to feel like they are
    successful and making money.
   Consider taking these steps to ensure your
    success and sell more cars.
Practice 1: Positive Attitude




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Practice 1: Positive Attitude
        If you want to be successful, it makes things
               easier to have a positive attitude.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Practice 1: Positive Attitude
        If you want to be successful, it makes things
               easier to have a positive attitude.
      We know that being positive is very difficult when
       sales are down and very few customers are coming
       in the showroom.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Practice 1: Positive Attitude
        If you want to be successful, it makes things
               easier to have a positive attitude.
      We know that being positive is very difficult when
       sales are down and very few customers are coming
       in the showroom.
      These are the times when it’s most important to
       have a positive attitude.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Practice 1: Positive Attitude
        If you want to be successful, it makes things
               easier to have a positive attitude.
      We know that being positive is very difficult when
       sales are down and very few customers are coming
       in the showroom.
      These are the times when it’s most important to
       have a positive attitude.
      Avoid negative conversations and negative people.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Practice 1: Positive Attitude
        If you want to be successful, it makes things
               easier to have a positive attitude.
      We know that being positive is very difficult when
       sales are down and very few customers are coming
       in the showroom.
      These are the times when it’s most important to
       have a positive attitude.
      Avoid negative conversations and negative people.

        Bring a positive attitude every
       day and you will sell more cars.


Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Reminder: Attitude




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Reminder: Attitude
 Remember: Our attitude affects 100% of our sales
                 performance…
                                                            A =          1

                                                             T = 20
                                                             T = 20
                                                             I =         9

                                                             T = 20
                                                            U = 21
                                                            D =          4

                                                             E =         5

                                                              100%
Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Practice 2: Time Management
Practice 2: Time Management
  If we want to be successful, we have to
maximize every minute of the day to build that
                  success.
Practice 2: Time Management
      If we want to be successful, we have to
    maximize every minute of the day to build that
                      success.
   Instead of standing around waiting for the
    customers to arrive and talking with co-workers,
    let’s work our database of prospects – this is a
    CONTACT sport.
Practice 2: Time Management
      If we want to be successful, we have to
    maximize every minute of the day to build that
                      success.
   Instead of standing around waiting for the
    customers to arrive and talking with co-workers,
    let’s work our database of prospects – this is a
    CONTACT sport.
   Make phone calls to customers, send follow-up e-
Practice 2: Time Management
      If we want to be successful, we have to
    maximize every minute of the day to build that
                      success.
   Instead of standing around waiting for the
    customers to arrive and talking with co-workers,
    let’s work our database of prospects – this is a
    CONTACT sport.
   Make phone calls to customers, send follow-up e-

      When you use your time
       effectively, you will get
    better results for your effort.
Practice 3: Set Realistic Goals
Practice 3: Set Realistic Goals
 How will you know you’re successful if you
              don't have goals?
Practice 3: Set Realistic Goals
     How will you know you’re successful if you
                  don't have goals?
   Goals help us to stay motivated for success, as well
    as keep us positive as we make progress.
Practice 3: Set Realistic Goals
     How will you know you’re successful if you
                  don't have goals?
   Goals help us to stay motivated for success, as well
    as keep us positive as we make progress.
   Every day, every week, every month, every year we
    should all set achievable goals for ourselves to
    measure our success.
Practice 3: Set Realistic Goals
     How will you know you’re successful if you
                  don't have goals?
   Goals help us to stay motivated for success, as well
    as keep us positive as we make progress.
   Every day, every week, every month, every year we
    should all set achievable goals for ourselves to
    measure our success.
   Without goals we’re less motivated and less likely to
    succeed.
Practice 3: Set Realistic Goals
     How will you know you’re successful if you
                  don't have goals?
   Goals help us to stay motivated for success, as well
    as keep us positive as we make progress.
   Every day, every week, every month, every year we
    should all set achievable goals for ourselves to
    measure our success.
   Without goals we’re less motivated and less likely to
    succeed.
           Approach each prospect as a
           potential contributor to your
           ultimate goal. Keep a picture
                     to remind yourself.
Practice 4: Know When to Move
On
Practice 4: Know When to Move
On
Successful salespeople know that after doing
  everything possible but still not closing, our
 best option is to TO to our Sales Manager and
                    move on.
Practice 4: Know When to Move
On
Successful salespeople know that after doing
  everything possible but still not closing, our
 best option is to TO to our Sales Manager and
                    move on.
Practice 4: Know When to Move
    On
    Successful salespeople know that after doing
      everything possible but still not closing, our
     best option is to TO to our Sales Manager and
                        move on.
   Your Managers can help you save deals – use the
    different voices to your advantage.
    ◦ Give them as much information as possible – they may think of
      something you didn’t…
Practice 4: Know When to Move
    On
    Successful salespeople know that after doing
      everything possible but still not closing, our
     best option is to TO to our Sales Manager and
                        move on.
   Your Managers can help you save deals – use the
    different voices to your advantage.
    ◦ Give them as much information as possible – they may think of
      something you didn’t…
   Most people think that giving up is a negative thing,
    but the reality is that you’re not going to close every
    up you work with – this is a numbers game.
Practice 4: Know When to Move
    On
    Successful salespeople know that after doing
      everything possible but still not closing, our
     best option is to TO to our Sales Manager and
                        move on.
   Your Managers can help you save deals – use the
    different voices to your advantage.
    ◦ Give them as much information as possible – they may think of
      something you didn’t…
   Most people think that giving up is a negative thing,
    but the reality is that you’re not going to close every
    up you work with – this is a numbers game.
   After all, while you’re losing time on something that
    may not happen today, you could be spending time
    making your next deal.
Overcoming Objections




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Overcoming Objections
                                                             Simplify




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Overcoming Objections
                                                             Simplify
                                                             Detach




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Overcoming Objections
                                                             Simplify
                                                             Detach
                                                             Reshape




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Overcoming Objections
                                                             Simplify
                                                             Detach
                                                             Reshape
                                                             Be Persistent




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Overcoming Objections




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Overcoming Objections
    Objections are a part of the car sales process.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Overcoming Objections
    Objections are a part of the car sales process.
    Our job is to overcome those objections
     without upsetting the prospect.
     ◦ Dismissing the prospect’s concerns is never effective.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Overcoming Objections
    Objections are a part of the car sales process.
    Our job is to overcome those objections
     without upsetting the prospect.
     ◦ Dismissing the prospect’s concerns is never effective.
    Instead, let’s face the objection head-on and
     show the prospect how their concerns are
     justified.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Overcoming Objections
    Objections are a part of the car sales process.
    Our job is to overcome those objections
     without upsetting the prospect.
     ◦ Dismissing the prospect’s concerns is never effective.
    Instead, let’s face the objection head-on and
     show the prospect how their concerns are
     justified.
    At the same time, we have to overcome the
     objection and prove to the prospect that
     buying THIS car is the best choice they can


Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 1: Simplify the Objection




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 1: Simplify the Objection
                  Most prospects will start with a general
                                 objection.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 1: Simplify the Objection
                  Most prospects will start with a general
                                 objection.
      Phrases like “We need to think about it” or “We’re not
       sure we’re ready to buy” are too vague.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 1: Simplify the Objection
                  Most prospects will start with a general
                                 objection.
      Phrases like “We need to think about it” or “We’re not
       sure we’re ready to buy” are too vague.
      Prospects use these objections in place of their real
       concern.
        ◦ If the prospect says they need to think about it, there is
          something specific they want to think about.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 1: Simplify the Objection
                  Most prospects will start with a general
                                 objection.
      Phrases like “We need to think about it” or “We’re not
       sure we’re ready to buy” are too vague.
      Prospects use these objections in place of their real
       concern.
        ◦ If the prospect says they need to think about it, there is
          something specific they want to think about.
      Asking what the problem is usually is the quickest
       way to find out.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 1: Simplify the Objection
                  Most prospects will start with a general
                                 objection.
      Phrases like “We need to think about it” or “We’re not
       sure we’re ready to buy” are too vague.
      Prospects use these objections in place of their real
       concern.
        ◦ If the prospect says they need to think about it, there is
          something specific they want to think about.
      Asking what the problem is usually is the quickest
       way to find out.
      Try “I understand that making a large purchase
       requires thought, however: what are you most


Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 1: Simplify the Objection
                  Most prospects will start with a general
                                 objection.
      Phrases like “We need to think about it” or “We’re not
       sure we’re ready to buy” are too vague.
      Prospects use these objections in place of their real
       concern.
        ◦ If the prospect says they need to think about it, there is
          something specific they want to think about.
      Asking what the problem is usually is the quickest
       way to find out.
      Try “I understand that making a large purchase
       requires thought, however: what are you most
                                                     Simplify the objection and you can
                                                                   tackle it much easier.
Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 2: Reshape the Objection




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 2: Reshape the Objection
     One of the most effective ways to overcome an
               objection is by reshaping it.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 2: Reshape the Objection
       One of the most effective ways to overcome an
                 objection is by reshaping it.
      Every objection boils down to the fact that the
       customer wants to know they are doing three
       things:
        ◦ Getting a Great Deal
        ◦ Buying Something They Can Afford




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 2: Reshape the Objection
       One of the most effective ways to overcome an
                 objection is by reshaping it.
      Every objection boils down to the fact that the
       customer wants to know they are doing three
       things:
        ◦ Getting a Great Deal
        ◦ Buying Something They Can Afford


                                  If you can use these points to rebut an
                             objection, then you can quickly overcome it.



Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 3: Detach the Objection




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 3: Detach the Objection
             Detaching the objection is the process of
             eliminating anything else that comes in the
                       way of closing the sale.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 3: Detach the Objection
             Detaching the objection is the process of
             eliminating anything else that comes in the
                       way of closing the sale.
       For example: a customer says, “The car costs too
        much.”
         ◦ I would reply, “If we can get the price down to a comfortable
           level would there be anything else holding you back from
           buying the car?”




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 3: Detach the Objection
             Detaching the objection is the process of
             eliminating anything else that comes in the
                       way of closing the sale.
       For example: a customer says, “The car costs too
        much.”
         ◦ I would reply, “If we can get the price down to a comfortable
           level would there be anything else holding you back from
           buying the car?”
       To this, the customer can disclose any other
        objections or let you know that you’ve addressed
        their concerns and they’re ready to go forward.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 3: Detach the Objection
             Detaching the objection is the process of
             eliminating anything else that comes in the
                       way of closing the sale.
       For example: a customer says, “The car costs too
        much.”
         ◦ I would reply, “If we can get the price down to a comfortable
           level would there be anything else holding you back from
           buying the car?”
       To this, the customer can disclose any other
        objections or let you know that you’ve addressed
        their concerns and they’re ready to go forward.
                              If they agree, you only have one thing
                               preventing you from closing the sale
                                                                                               (in this case, the price).
Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 4: Be Persistent




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 4: Be Persistent
     In most cases you will face 4-6 objections
      before you’re able to close the sale.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 4: Be Persistent
     In most cases you will face 4-6 objections
      before you’re able to close the sale.
     Don't give up - keep asking “WHY” until there
      is nothing left to object to.




Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Idea 4: Be Persistent
     In most cases you will face 4-6 objections
      before you’re able to close the sale.
     Don't give up - keep asking “WHY” until there
      is nothing left to object to.
  Once you’ve covered every
  objection and satisfied the
  prospect’s wants and fears,
   there is nothing left to do
  except ask for the sale and
     fill out the paperwork.

Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
Thanks for Your Time
Thanks for Your Time

Use These Techniques
      And You
   CAN NOT FAIL!

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Online contact process coaching v2 by infinite prospects

  • 1. Online Best Practices By Adam Ross - Infinite Prospects, Inc.
  • 3. Objectives  Learn what consumers experience when going to research websites like Edmunds.com.
  • 4. Objectives  Learn what consumers experience when going to research websites like Edmunds.com.  Identify our current online contact process.
  • 5. Objectives  Learn what consumers experience when going to research websites like Edmunds.com.  Identify our current online contact process.  Review industry-accepted best practices to enhance and improve the current prospect experience.
  • 6. Objectives  Learn what consumers experience when going to research websites like Edmunds.com.  Identify our current online contact process.  Review industry-accepted best practices to enhance and improve the current prospect experience.  Remember to have fun interacting with
  • 7. What % of Buyers Today Are Shopping Online for a Car? Yes No
  • 8. What % of Buyers Today Are Shopping Online for a Car? “Surveys indicate up to 90% of car buyers use the Internet as part of the shopping process.” Source: Ward’s Auto.com, April 16, 2010 Yes No
  • 9. What % of Buyers Today Are Shopping Online for a Car? “Surveys indicate up to 90% of car buyers use the Internet as part of the shopping process.” Source: Ward’s Auto.com, April 16, 2010 Do You Use The Internet to Research Your Car Purchases 10% Yes No 90%
  • 10. What Research Sites Are People
  • 11. What Research Sites Are People Edmunds.com
  • 12. What Research Sites Are People Edmunds.com KBB.com
  • 13. What Research Sites Are People Edmunds.com KBB.com Let’s Go Through The Steps of Building a Car on Edmunds.com to Better Understand What Consumers Experience
  • 17. Edmunds.com (cont.) Tabs – Pricing, Reviews, Photo/Video, Inventory, Quick Quote
  • 18. Edmunds.com (cont.) Tabs – Pricing, Reviews, Photo/Video, Inventory, Quick Quote Build Your Own
  • 19. Edmunds.com (cont.) Tabs – Pricing, Reviews, Photo/Video, Inventory, Quick Quote Build Your Own Quick Quote to Dealers
  • 21. Edmunds.com (cont.) Build Your Own Selecting Equipment
  • 22. Edmunds.com (cont.) Build Your Own Selecting Equipment
  • 24. Edmunds.com (cont.) Pricing: Invoice & MSRP True Market Value
  • 25. Edmunds.com (cont.) Pricing: Invoice & MSRP True Market Value + $1090
  • 27. Edmunds.com (cont.) Get Dealer Quotes Choice of 5 Dealers Sorted by Distance First/Last/Phone/ZIP/ Email Required
  • 28. Edmunds.com (cont.) Get Dealer Quotes Choice of 5 Dealers Sorted by Distance First/Last/Phone/ZIP/ Email Required
  • 30. Edmunds.com (cont.) Reviews & Specs Tab Reviews, Ratings, Awards, Forum, Technical Specs
  • 32. Edmunds.com (cont.) Reviews & Specs Tab Current National Programs & Rebates from the Manufacturer
  • 34. Edmunds.com (cont.) Photo & Video Tab
  • 36. Edmunds.com (cont.) New Car Inventory Search Tab New Car Inventory Listed by Dealership
  • 38. The Online Contact Process Is Our Current Process Working?
  • 39. The Online Contact Process Is Our Current Process Working? Are We Using Best Practices?
  • 40. Best Practice Contact Process Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 41. Best Practice Contact Process Just because we’re using a computer to initiate the discussion doesn’t mean we should abandon the proven Road Map to a sale Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 42. Best Practice Contact Process Just because we’re using a computer to initiate the discussion doesn’t mean we should abandon the proven Road Map to a sale Meet & Greet • Qualifying • Lot Walk • Walkaround • Test Drive • Trial Close • Write-Up • Delivery Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 43. Our Current Online Contact Process
  • 44. Our Current Online Contact Process Step 1 • Lead Hits CRM Tool • Auto-Response E-Mail is Sent Step 2 • Are we calling or emailing first? • How quick is the first manual contact? Step 3 • How do we address pricing over the phone? • When do we ask for the appointment?
  • 46. What’s Happening Right Now? Generally, have our experiences with prospects who initiate communication online been positive or negative?
  • 47. What’s Happening Right Now? Generally, have our experiences with prospects who initiate communication online been positive or negative?  What are some of the positives that we encounter when dealing with Internet prospects?
  • 48. What’s Happening Right Now? Generally, have our experiences with prospects who initiate communication online been positive or negative?  What are some of the positives that we encounter when dealing with Internet prospects?  How are we being challenged that needs to be addressed and/or overcome?
  • 49. What’s Happening Right Now? Generally, have our experiences with prospects who initiate communication online been positive or negative?  What are some of the positives that we encounter when dealing with Internet prospects?  How are we being challenged that needs to be addressed and/or overcome?  Are we trying to sell a car over the phone or focusing on the consumer coming in?
  • 50. What’s Happening Right Now? Generally, have our experiences with prospects who initiate communication online been positive or negative?  What are some of the positives that we encounter when dealing with Internet prospects?  How are we being challenged that needs to be addressed and/or overcome?  Are we trying to sell a car over the phone or focusing on the consumer coming in?  Let’s come up with a game plan together to handle each online prospect from a positive angle.
  • 51. Attitude Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 52. Attitude How much does our attitude affect our sales performance? Add it up… Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 53. Attitude How much does our attitude affect our sales performance? Add it up… A = 1 T = 20 T = 20 I = 9 T = 20 U = 21 D = 4 E = 5 Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 54. Attitude How much does our attitude affect our sales performance? Add it up… A = 1 T = 20 T = 20 I = 9 T = 20 U = 21 D = 4 E = 5 100% Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 55. Attitude How much does our attitude affect our sales performance? Add it up… A = 1 T = 20 T = 20 I = 9 If we expect that every lead and/or prospect we see is T = 20 “bottom-feeding” then that’s exactly what they’ll U = 21 be… D = 4 E = 5 100% Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 56. Sales Floor vs. Online…. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 57. Sales Floor vs. Online…. Introduction • Meet & Greet • Auto-Response Qualification • Qualifying Questions • Fact Finding E-Mail Inventory Display • Lot Walk & Walkaround • Multi-Price Menu Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 58. Sales Floor vs. Online…. Introduction • Meet & Greet • Auto-Response Qualification • Qualifying Questions • Fact Finding E-Mail Inventory Display • Lot Walk & Walkaround • Multi-Price Menu The initial steps to lead prospects to a sale DO NOT CHANGE – merely the method of communication you use to engage them. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 60. Don’t Skip Steps  How difficult is it to make a sale when we don’t properly greet the prospect?
  • 61. Don’t Skip Steps  How difficult is it to make a sale when we don’t properly greet the prospect?  What happens when we fail to ask qualifying questions? ◦ Are we more or less likely to complete a deal? ◦ If we do make the deal, is the gross typically higher or lower?
  • 62. Don’t Skip Steps  How difficult is it to make a sale when we don’t properly greet the prospect?  What happens when we fail to ask qualifying questions? ◦ Are we more or less likely to complete a deal? ◦ If we do make the deal, is the gross typically higher or lower? Tip: If you’re closing deals based solely on price, you’re leaving a ton of money on the table.
  • 63. Don’t Skip Steps  How difficult is it to make a sale when we don’t properly greet the prospect?  What happens when we fail to ask qualifying questions? ◦ Are we more or less likely to complete a deal? ◦ If we do make the deal, is the gross typically higher or lower? Tip: If you’re closing deals based solely on price, you’re leaving a ton of money on the table. Establish rapport, build value in the vehicle and the car and you’ll have a much better chance to close a sale.
  • 64. What Can’t Consumers Find Out Online Without Talking to Us?
  • 65. What Can’t Consumers Find Out Online Without Talking to Us?  New Car Shopper ◦ Is it in-stock and available (or can you get it for me)? ◦ What will it cost me?
  • 66. What Can’t Consumers Find Out Online Without Talking to Us?  New Car Shopper ◦ Is it in-stock and available (or can you get it for me)? ◦ What will it cost me?
  • 67. What Can’t Consumers Find Out Online Without Talking to Us?  New Car Shopper ◦ Is it in-stock and available (or can you get it for me)? ◦ What will it cost me?  CPO Shopper ◦ Is it STILL in-stock? ◦ Tell me something about the car not on the window sticker
  • 68. What Can’t Consumers Find Out Online Without Talking to Us?  New Car Shopper ◦ Is it in-stock and available (or can you get it for me)? ◦ What will it cost me?  CPO Shopper ◦ Is it STILL in-stock? ◦ Tell me something about the car not on the window sticker Does Our Current Process Address these Questions?
  • 69. What do Online Shoppers Expect?
  • 70. What do Online Shoppers Expect?  They want their questions answered
  • 71. What do Online Shoppers Expect?  They want their questions answered  They REQUIRE PRICING to be addressed
  • 72. What do Online Shoppers Expect?  They want their questions answered  They REQUIRE PRICING to be addressed  They want, and need to be offered, CHOICE – ◦ Different option configurations available ◦ Alternate models, including CPO ◦ Lease, Finance, Cash methods of payment  Multiple down payment choices  Multiple term options  12 and 15k miles per year on leases
  • 73. What do Online Shoppers Expect?  They want their questions answered  They REQUIRE PRICING to be addressed  They want, and need to be offered, CHOICE – ◦ Different option configurations available ◦ Alternate models, including CPO ◦ Lease, Finance, Cash methods of payment  Multiple down payment choices  Multiple term options  12 and 15k miles per year on leases  Try the menu approach…
  • 74. Set and Exceed Expectations Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 75. Set and Exceed Expectations Each time you speak to or email a consumer you give yourself the opportunity to establish CREDIBILITY. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 76. Set and Exceed Expectations Each time you speak to or email a consumer you give yourself the opportunity to establish CREDIBILITY. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 77. Set and Exceed Expectations Each time you speak to or email a consumer you give yourself the opportunity to establish CREDIBILITY. What would you think if I promised you pricing information within 2 Hours, but instead provided it: Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 78. Set and Exceed Expectations Each time you speak to or email a consumer you give yourself the opportunity to establish CREDIBILITY. What would you think if I promised you pricing information within 2 Hours, but instead provided it: Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 79. Set and Exceed Expectations Each time you speak to or email a consumer you give yourself the opportunity to establish CREDIBILITY. What would you think if I promised you pricing information within 2 Hours, but instead provided it: Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 80. Set and Exceed Expectations Each time you speak to or email a consumer you give yourself the opportunity to establish CREDIBILITY. What would you think if I promised you pricing information within 2 Hours, but instead provided it: 8 Hours Later? Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 81. Set and Exceed Expectations Each time you speak to or email a consumer you give yourself the opportunity to establish CREDIBILITY. What would you think if I promised you pricing information within 2 Hours, but instead provided it: 8 Hours Later? 1 Hour and 45 Minutes Later? Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 82. Set and Exceed Expectations Each time you speak to or email a consumer you give yourself the opportunity to establish CREDIBILITY. What would you think if I promised you pricing information within 2 Hours, but instead provided it: 8 Hours Later? 1 Hour and 45 Minutes Later? 15 Minutes Later? Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 83. Set and Exceed Expectations Each time you speak to or email a consumer you give yourself the opportunity to establish CREDIBILITY. What would you think if I promised you pricing information within 2 Hours, but instead provided it: 8 Hours Later? 1 Hour and 45 Minutes Later? 15 Minutes Later? Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 84. Set and Exceed Expectations Each time you speak to or email a consumer you give yourself the opportunity to establish CREDIBILITY. What would you think if I promised you pricing information within 2 Hours, but instead provided it: 8 Hours Later? 1 Hour and 45 Minutes Later? 15 Minutes Later? Under Promise and Over Deliver – It Will Never Hurt You Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 86. Customer Price Expectations Customer Types "Grinder" 20% "Lay Down" 10% "F
  • 87. Customer Price Expectations Customer Types "Grinder" 20% "Lay Down" 10% "F Treat Each Customer as if they’re looking for a Fair Deal, not a “Grinder”…
  • 88. Why Do I Need to EMail Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 89. Why Do I Need to EMail  How did you feel when looking to buy any item and the salesperson or clerk avoids your question about pricing to talk about features and benefits? Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 90. Why Do I Need to EMail  How did you feel when looking to buy any item and the salesperson or clerk avoids your question about pricing to talk about features and benefits?  Think of a jewelry store – when the price tags are turned around do you assume the prices are high or low? Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 91. Why Do I Need to EMail  How did you feel when looking to buy any item and the salesperson or clerk avoids your question about pricing to talk about features and benefits?  Think of a jewelry store – when the price tags are turned around do you assume the prices are high or low? When you don’t address price, people assume it’s because either you’re embarrassed to discuss it or that it’s too high… Then they focus on it! Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 92. Why Do I Need to EMail Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 93. Why Do I Need to EMail  How many big-ticket items have you purchased in your life without knowing what it would cost? Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 94. Why Do I Need to EMail  How many big-ticket items have you purchased in your life without knowing what it would cost?  In your experience, does talking about price over the phone usually increase or decrease profits? Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 95. Why Do I Need to EMail  How many big-ticket items have you purchased in your life without knowing what it would cost?  In your experience, does talking about price over the phone usually increase or decrease profits? E-Mail allows you to address price without talking. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 96. Why Do I Need to EMail  How many big-ticket items have you purchased in your life without knowing what it would cost?  In your experience, does talking about price over the phone usually increase or decrease profits? E-Mail allows you to address price without talking. When making follow-up phone calls, the Multi-Price Menu E-Mail empowers you to focus on the customer, ask questions, and SELL the APPOINTMENT – not the car. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 97. Why Do I Need to EMail  How many big-ticket items have you purchased in your life without knowing what it would cost?  In your experience, does talking about price over the phone usually increase or decrease profits? E-Mail allows you to address price without talking. When making follow-up phone calls, the Multi-Price Menu E-Mail empowers you to focus on the customer, ask questions, and SELL the APPOINTMENT – not the car. It also eliminates the adversarial “how much is it” question over the phone. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 98. The 3 Appointment Per Day Rule Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 99. The 3 Appointment Per Day Rule All We Need to Do is Find a Way to Set Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 100. The 3 Appointment Per Day Rule All We Need to Do is Find a Way to Set Just 3 Appointments Per Day Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 101. The 3 Appointment Per Day Rule All We Need to Do is Find a Way to Set Just 3 Appointments Per Day 3 Appointments per Day x 20 Working Days per Month 60 Total Appointments Set - 30 No-Shows 30 Appointments Show Up x 80% Closing Ratio for Set Appts that know their price up front = 24 SALES PER MONTH BY APPOINTMENT Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 102. Best Outbound Phone Call Practices
  • 103. Best Outbound Phone Call Practices When and How Often?
  • 104. Best Outbound Phone Call Practices When and How Often? Outbound Phone Script
  • 105. Best Outbound Phone Call Practices When and How Often? Outbound Phone Script Trigger Words
  • 106. Best Outbound Phone Call Practices When and How Often? Outbound Phone Script Trigger Words Overcoming Phone Fright
  • 107. When and How Often?
  • 108. When and How Often?  What time of day are we calling? ◦ Make sure to stagger our times
  • 109. When and How Often?  What time of day are we calling? ◦ Make sure to stagger our times  How many times per day are we calling? ◦ Day 1 – up to 3 attempts (depending on when we get the lead) ◦ Day 2 – 2 attempts ◦ Day 3 and beyond – no more than 1 attempt per day
  • 110. When and How Often?  What time of day are we calling? ◦ Make sure to stagger our times  How many times per day are we calling? ◦ Day 1 – up to 3 attempts (depending on when we get the lead) ◦ Day 2 – 2 attempts ◦ Day 3 and beyond – no more than 1 attempt per day  What are we saying when we get them on the phone? ◦ Let our email set up the phone call ◦ Use the script on the next page
  • 112. Outbound Phone Script Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar - am I interrupting anything? The purpose of my call is to make sure you received my e-mail response to your request for a Jaguar. Did you receive my e-mail?
  • 113. Outbound Phone Script Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar - am I interrupting anything? The purpose of my call is to make sure you received my e-mail response to your request for a Jaguar. Did you receive my e-mail? Were there any other options that you would like to have on this [MODEL] that we did not include in the e-mail? Before you made a decision on this particular vehicle had you considered any other makes and models? Are there any colors you would NOT consider?
  • 114. Outbound Phone Script Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar - am I interrupting anything? The purpose of my call is to make sure you received my e-mail response to your request for a Jaguar. Did you receive my e-mail? Were there any other options that you would like to have on this [MODEL] that we did not include in the e-mail? Before you made a decision on this particular vehicle had you considered any other makes and models? Are there any colors you would NOT consider? Tell me, [CUSTOMER FIRST NAME], is a test drive important to you?
  • 115. Outbound Phone Script Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar - am I interrupting anything? The purpose of my call is to make sure you received my e-mail response to your request for a Jaguar. Did you receive my e-mail? Were there any other options that you would like to have on this [MODEL] that we did not include in the e-mail? Before you made a decision on this particular vehicle had you considered any other makes and models? Are there any colors you would NOT consider? Tell me, [CUSTOMER FIRST NAME], is a test drive important to you? I’m curious - what are you currently driving? Tell me all about this vehicle: year, make, model, condition, miles, color, flaws or needed repairs? Can you tell me what you like best about your vehicle? (Explore)
  • 116. Outbound Phone Script Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar - am I interrupting anything? The purpose of my call is to make sure you received my e-mail response to your request for a Jaguar. Did you receive my e-mail? Were there any other options that you would like to have on this [MODEL] that we did not include in the e-mail? Before you made a decision on this particular vehicle had you considered any other makes and models? Are there any colors you would NOT consider? Tell me, [CUSTOMER FIRST NAME], is a test drive important to you? I’m curious - what are you currently driving? Tell me all about this vehicle: year, make, model, condition, miles, color, flaws or needed repairs? Can you tell me what you like best about your vehicle? (Explore) If there’s something you could have changed about your _______, what would it be?
  • 117. Outbound Phone Script Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar - am I interrupting anything? The purpose of my call is to make sure you received my e-mail response to your request for a Jaguar. Did you receive my e-mail? Were there any other options that you would like to have on this [MODEL] that we did not include in the e-mail? Before you made a decision on this particular vehicle had you considered any other makes and models? Are there any colors you would NOT consider? Tell me, [CUSTOMER FIRST NAME], is a test drive important to you? I’m curious - what are you currently driving? Tell me all about this vehicle: year, make, model, condition, miles, color, flaws or needed repairs? Can you tell me what you like best about your vehicle? (Explore) If there’s something you could have changed about your _______, what would it be? So, will you be selling this vehicle privately or would you let us purchase it from you?
  • 118. Outbound Phone Script Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar - am I interrupting anything? The purpose of my call is to make sure you received my e-mail response to your request for a Jaguar. Did you receive my e-mail? Were there any other options that you would like to have on this [MODEL] that we did not include in the e-mail? Before you made a decision on this particular vehicle had you considered any other makes and models? Are there any colors you would NOT consider? Tell me, [CUSTOMER FIRST NAME], is a test drive important to you? I’m curious - what are you currently driving? Tell me all about this vehicle: year, make, model, condition, miles, color, flaws or needed repairs? Can you tell me what you like best about your vehicle? (Explore) If there’s something you could have changed about your _______, what would it be? So, will you be selling this vehicle privately or would you let us purchase it from you? In order for us to give you the best value for your current vehicle, we’ll need to see your ________, would today or tomorrow be more convenient for you? Morning or afternoon? Is10:15 or 11:40 better? Great - we will see you on __________ at __________. If for some reason something comes up, I will be sure to let you know. Will you please let me know if you’re delayed or can’t make it?
  • 119. Outbound Phone Script Hi, is [INSERT CUSTOMER FULL NAME] there? This is ____________from Madison Jaguar - am I interrupting anything? The purpose of my call is to make sure you received my e-mail response to your request for a Jaguar. Did you receive my e-mail? Were there any other options that you would like to have on this [MODEL] that we did not include in the e-mail? Before you made a decision on this particular vehicle had you considered any other makes and models? Are there any colors you would NOT consider? Tell me, [CUSTOMER FIRST NAME], is a test drive important to you? I’m curious - what are you currently driving? Tell me all about this vehicle: year, make, model, condition, miles, color, flaws or needed repairs? Can you tell me what you like best about your vehicle? (Explore) If there’s something you could have changed about your _______, what would it be? So, will you be selling this vehicle privately or would you let us purchase it from you? In order for us to give you the best value for your current vehicle, we’ll need to see your ________, would today or tomorrow be more convenient for you? Morning or afternoon? Is10:15 or 11:40 better? Great - we will see you on __________ at __________. If for some reason something comes up, I will be sure to let you know. Will you please let me know if you’re delayed or can’t make it? I will send you an e-mail confirmation of the appointment that has directions to the store. Is this the best number to reach you or is there another number I should have?
  • 122. Trigger Words Hi Interrupting?
  • 123. Trigger Words Hi Interrupting? Did You Get My E-Mail?
  • 124. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes?
  • 125. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors?
  • 126. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important?
  • 127. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important? Driving Now?
  • 128. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important? Driving Now? Details, need work or repair?
  • 129. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important? Driving Now? Details, need work or repair? Favorite features?
  • 130. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important? Driving Now? Details, need work or repair? Favorite features? What would you change?
  • 131. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important? Driving Now? Details, need work or repair? Favorite features? What would you change?
  • 132. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important? Driving Now? Details, need work or repair? Favorite features? What would you change? Sell privately or can we purchase?
  • 133. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important? Driving Now? Details, need work or repair? Favorite features? What would you change? Sell privately or can we purchase? Bring it in for the most $$
  • 134. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important? Driving Now? Details, need work or repair? Favorite features? What would you change? Sell privately or can we purchase? Bring it in for the most $$ Tonight or This Weekend?
  • 135. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important? Driving Now? Details, need work or repair? Favorite features? What would you change? Sell privately or can we purchase? Bring it in for the most $$ Tonight or This Weekend? Afternoon or Evening?
  • 136. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important? Driving Now? Details, need work or repair? Favorite features? What would you change? Sell privately or can we purchase? Bring it in for the most $$ Tonight or This Weekend? Afternoon or Evening? Confirmation E-Mail
  • 137. Trigger Words Hi Interrupting? Did You Get My E-Mail? Other Makes? Options and Colors? Test Drive Important? Driving Now? Details, need work or repair? Favorite features? What would you change? Sell privately or can we purchase? Bring it in for the most $$ Tonight or This Weekend? Afternoon or Evening? Confirmation E-Mail Thank You.
  • 138. Don’t Fall Victim to Phone Fear
  • 139. Don’t Fall Victim to Phone Fear If you knew that you made $25 for each outbound call, how many calls would you make every day?
  • 140. Don’t Fall Victim to Phone Fear If you knew that you made $25 for each outbound call, how many calls would you make every day?
  • 141. Don’t Fall Victim to Phone Fear If you knew that you made $25 for each outbound call, how many calls would you make every day?  Place a check mark on your calendar each time you dial an outbound call.
  • 142. Don’t Fall Victim to Phone Fear If you knew that you made $25 for each outbound call, how many calls would you make every day?  Place a check mark on your calendar each time you dial an outbound call.  At the end of the month, divide your gross pay by
  • 143. Don’t Fall Victim to Phone Fear If you knew that you made $25 for each outbound call, how many calls would you make every day?  Place a check mark on your calendar each time you dial an outbound call.  At the end of the month, divide your gross pay by THAT’S HOW MUCH $$ YOU MADE FOR EACH CALL!
  • 144. 4 Words and Phrases That Work
  • 145. 4 Words and Phrases That Work Guaranteed
  • 146. 4 Words and Phrases That Work Guaranteed Risk-free
  • 147. 4 Words and Phrases That Work Guaranteed Risk-free Newest, latest, or cutting-edge
  • 148. 4 Words and Phrases That Work Guaranteed Risk-free Newest, latest, or cutting-edge Limit One to a Customer
  • 149. General Best Practices Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 150. General Best Practices Bring a Positive Attitude Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 151. General Best Practices Bring a Positive Attitude Manage Your Time Better Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 152. General Best Practices Bring a Positive Attitude Manage Your Time Better Set Realistic Goals Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 153. General Best Practices Bring a Positive Attitude Manage Your Time Better Set Realistic Goals Know When to Move On Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 155. General Best Practices  No one wants to work in a job where they’re unsuccessful.
  • 156. General Best Practices  No one wants to work in a job where they’re unsuccessful.  This is especially true in sales, where our statistics are out in the open.
  • 157. General Best Practices  No one wants to work in a job where they’re unsuccessful.  This is especially true in sales, where our statistics are out in the open.  Everyone wants to feel like they are successful and making money.
  • 158. General Best Practices  No one wants to work in a job where they’re unsuccessful.  This is especially true in sales, where our statistics are out in the open.  Everyone wants to feel like they are successful and making money.  Consider taking these steps to ensure your success and sell more cars.
  • 159. Practice 1: Positive Attitude Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 160. Practice 1: Positive Attitude If you want to be successful, it makes things easier to have a positive attitude. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 161. Practice 1: Positive Attitude If you want to be successful, it makes things easier to have a positive attitude.  We know that being positive is very difficult when sales are down and very few customers are coming in the showroom. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 162. Practice 1: Positive Attitude If you want to be successful, it makes things easier to have a positive attitude.  We know that being positive is very difficult when sales are down and very few customers are coming in the showroom.  These are the times when it’s most important to have a positive attitude. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 163. Practice 1: Positive Attitude If you want to be successful, it makes things easier to have a positive attitude.  We know that being positive is very difficult when sales are down and very few customers are coming in the showroom.  These are the times when it’s most important to have a positive attitude.  Avoid negative conversations and negative people. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 164. Practice 1: Positive Attitude If you want to be successful, it makes things easier to have a positive attitude.  We know that being positive is very difficult when sales are down and very few customers are coming in the showroom.  These are the times when it’s most important to have a positive attitude.  Avoid negative conversations and negative people. Bring a positive attitude every day and you will sell more cars. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 165. Reminder: Attitude Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 166. Reminder: Attitude Remember: Our attitude affects 100% of our sales performance… A = 1 T = 20 T = 20 I = 9 T = 20 U = 21 D = 4 E = 5 100% Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 167. Practice 2: Time Management
  • 168. Practice 2: Time Management If we want to be successful, we have to maximize every minute of the day to build that success.
  • 169. Practice 2: Time Management If we want to be successful, we have to maximize every minute of the day to build that success.  Instead of standing around waiting for the customers to arrive and talking with co-workers, let’s work our database of prospects – this is a CONTACT sport.
  • 170. Practice 2: Time Management If we want to be successful, we have to maximize every minute of the day to build that success.  Instead of standing around waiting for the customers to arrive and talking with co-workers, let’s work our database of prospects – this is a CONTACT sport.  Make phone calls to customers, send follow-up e-
  • 171. Practice 2: Time Management If we want to be successful, we have to maximize every minute of the day to build that success.  Instead of standing around waiting for the customers to arrive and talking with co-workers, let’s work our database of prospects – this is a CONTACT sport.  Make phone calls to customers, send follow-up e- When you use your time effectively, you will get better results for your effort.
  • 172. Practice 3: Set Realistic Goals
  • 173. Practice 3: Set Realistic Goals How will you know you’re successful if you don't have goals?
  • 174. Practice 3: Set Realistic Goals How will you know you’re successful if you don't have goals?  Goals help us to stay motivated for success, as well as keep us positive as we make progress.
  • 175. Practice 3: Set Realistic Goals How will you know you’re successful if you don't have goals?  Goals help us to stay motivated for success, as well as keep us positive as we make progress.  Every day, every week, every month, every year we should all set achievable goals for ourselves to measure our success.
  • 176. Practice 3: Set Realistic Goals How will you know you’re successful if you don't have goals?  Goals help us to stay motivated for success, as well as keep us positive as we make progress.  Every day, every week, every month, every year we should all set achievable goals for ourselves to measure our success.  Without goals we’re less motivated and less likely to succeed.
  • 177. Practice 3: Set Realistic Goals How will you know you’re successful if you don't have goals?  Goals help us to stay motivated for success, as well as keep us positive as we make progress.  Every day, every week, every month, every year we should all set achievable goals for ourselves to measure our success.  Without goals we’re less motivated and less likely to succeed. Approach each prospect as a potential contributor to your ultimate goal. Keep a picture to remind yourself.
  • 178. Practice 4: Know When to Move On
  • 179. Practice 4: Know When to Move On Successful salespeople know that after doing everything possible but still not closing, our best option is to TO to our Sales Manager and move on.
  • 180. Practice 4: Know When to Move On Successful salespeople know that after doing everything possible but still not closing, our best option is to TO to our Sales Manager and move on.
  • 181. Practice 4: Know When to Move On Successful salespeople know that after doing everything possible but still not closing, our best option is to TO to our Sales Manager and move on.  Your Managers can help you save deals – use the different voices to your advantage. ◦ Give them as much information as possible – they may think of something you didn’t…
  • 182. Practice 4: Know When to Move On Successful salespeople know that after doing everything possible but still not closing, our best option is to TO to our Sales Manager and move on.  Your Managers can help you save deals – use the different voices to your advantage. ◦ Give them as much information as possible – they may think of something you didn’t…  Most people think that giving up is a negative thing, but the reality is that you’re not going to close every up you work with – this is a numbers game.
  • 183. Practice 4: Know When to Move On Successful salespeople know that after doing everything possible but still not closing, our best option is to TO to our Sales Manager and move on.  Your Managers can help you save deals – use the different voices to your advantage. ◦ Give them as much information as possible – they may think of something you didn’t…  Most people think that giving up is a negative thing, but the reality is that you’re not going to close every up you work with – this is a numbers game.  After all, while you’re losing time on something that may not happen today, you could be spending time making your next deal.
  • 184. Overcoming Objections Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 185. Overcoming Objections Simplify Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 186. Overcoming Objections Simplify Detach Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 187. Overcoming Objections Simplify Detach Reshape Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 188. Overcoming Objections Simplify Detach Reshape Be Persistent Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 189. Overcoming Objections Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 190. Overcoming Objections  Objections are a part of the car sales process. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 191. Overcoming Objections  Objections are a part of the car sales process.  Our job is to overcome those objections without upsetting the prospect. ◦ Dismissing the prospect’s concerns is never effective. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 192. Overcoming Objections  Objections are a part of the car sales process.  Our job is to overcome those objections without upsetting the prospect. ◦ Dismissing the prospect’s concerns is never effective.  Instead, let’s face the objection head-on and show the prospect how their concerns are justified. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 193. Overcoming Objections  Objections are a part of the car sales process.  Our job is to overcome those objections without upsetting the prospect. ◦ Dismissing the prospect’s concerns is never effective.  Instead, let’s face the objection head-on and show the prospect how their concerns are justified.  At the same time, we have to overcome the objection and prove to the prospect that buying THIS car is the best choice they can Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 194. Idea 1: Simplify the Objection Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 195. Idea 1: Simplify the Objection Most prospects will start with a general objection. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 196. Idea 1: Simplify the Objection Most prospects will start with a general objection.  Phrases like “We need to think about it” or “We’re not sure we’re ready to buy” are too vague. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 197. Idea 1: Simplify the Objection Most prospects will start with a general objection.  Phrases like “We need to think about it” or “We’re not sure we’re ready to buy” are too vague.  Prospects use these objections in place of their real concern. ◦ If the prospect says they need to think about it, there is something specific they want to think about. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 198. Idea 1: Simplify the Objection Most prospects will start with a general objection.  Phrases like “We need to think about it” or “We’re not sure we’re ready to buy” are too vague.  Prospects use these objections in place of their real concern. ◦ If the prospect says they need to think about it, there is something specific they want to think about.  Asking what the problem is usually is the quickest way to find out. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 199. Idea 1: Simplify the Objection Most prospects will start with a general objection.  Phrases like “We need to think about it” or “We’re not sure we’re ready to buy” are too vague.  Prospects use these objections in place of their real concern. ◦ If the prospect says they need to think about it, there is something specific they want to think about.  Asking what the problem is usually is the quickest way to find out.  Try “I understand that making a large purchase requires thought, however: what are you most Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 200. Idea 1: Simplify the Objection Most prospects will start with a general objection.  Phrases like “We need to think about it” or “We’re not sure we’re ready to buy” are too vague.  Prospects use these objections in place of their real concern. ◦ If the prospect says they need to think about it, there is something specific they want to think about.  Asking what the problem is usually is the quickest way to find out.  Try “I understand that making a large purchase requires thought, however: what are you most Simplify the objection and you can tackle it much easier. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 201. Idea 2: Reshape the Objection Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 202. Idea 2: Reshape the Objection One of the most effective ways to overcome an objection is by reshaping it. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 203. Idea 2: Reshape the Objection One of the most effective ways to overcome an objection is by reshaping it.  Every objection boils down to the fact that the customer wants to know they are doing three things: ◦ Getting a Great Deal ◦ Buying Something They Can Afford Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 204. Idea 2: Reshape the Objection One of the most effective ways to overcome an objection is by reshaping it.  Every objection boils down to the fact that the customer wants to know they are doing three things: ◦ Getting a Great Deal ◦ Buying Something They Can Afford If you can use these points to rebut an objection, then you can quickly overcome it. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 205. Idea 3: Detach the Objection Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 206. Idea 3: Detach the Objection Detaching the objection is the process of eliminating anything else that comes in the way of closing the sale. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 207. Idea 3: Detach the Objection Detaching the objection is the process of eliminating anything else that comes in the way of closing the sale.  For example: a customer says, “The car costs too much.” ◦ I would reply, “If we can get the price down to a comfortable level would there be anything else holding you back from buying the car?” Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 208. Idea 3: Detach the Objection Detaching the objection is the process of eliminating anything else that comes in the way of closing the sale.  For example: a customer says, “The car costs too much.” ◦ I would reply, “If we can get the price down to a comfortable level would there be anything else holding you back from buying the car?”  To this, the customer can disclose any other objections or let you know that you’ve addressed their concerns and they’re ready to go forward. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 209. Idea 3: Detach the Objection Detaching the objection is the process of eliminating anything else that comes in the way of closing the sale.  For example: a customer says, “The car costs too much.” ◦ I would reply, “If we can get the price down to a comfortable level would there be anything else holding you back from buying the car?”  To this, the customer can disclose any other objections or let you know that you’ve addressed their concerns and they’re ready to go forward. If they agree, you only have one thing preventing you from closing the sale (in this case, the price). Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 210. Idea 4: Be Persistent Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 211. Idea 4: Be Persistent  In most cases you will face 4-6 objections before you’re able to close the sale. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 212. Idea 4: Be Persistent  In most cases you will face 4-6 objections before you’re able to close the sale.  Don't give up - keep asking “WHY” until there is nothing left to object to. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 213. Idea 4: Be Persistent  In most cases you will face 4-6 objections before you’re able to close the sale.  Don't give up - keep asking “WHY” until there is nothing left to object to. Once you’ve covered every objection and satisfied the prospect’s wants and fears, there is nothing left to do except ask for the sale and fill out the paperwork. Copyright 2010 Infinite Prospects, Inc. - May not be copied or distributed without permission
  • 215. Thanks for Your Time Use These Techniques And You CAN NOT FAIL!

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