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HOW TO SELL YOUR SPACE Tips, Tools & Techniques for Selling More! “ Big Dave” Staughton www.bigdave.com.au
 
Business Background 2000 weddings over 15 years 56% W.O.M. 99% Satisfaction Best Reception Centre in Vic.  3 years in a row.
 
 
 
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],20-30% INCREASE IN TURNOVER
THE FUNCTIONS & EVENTS MARKET REACTIVE Families & General Public PROACTIVE Groups & Companies Fashion Parades Barmitzvah WAKES Weddings 21sts Birthdays Corporate  Parties Schools Clubs  and  Associations Government  18ths Anniversaries Charity VENUE SPECIAL EVENTS Uni & Tafe
EXERCISE: TARGET MARKETS FUNCTIONS THAT REALLY ADD VALUE  FOR CLUBS? (NOT Detrimental to GAMING!)
Competition
DO THE FUNCTIONS! FOCUS ON YOUR DATABASE ENQUIRIES & MEETINGS PAST CUSTOMERS PAST PROSPECTS NEW PROSPECTS WEB POTENTIAL PROSPECTS TOO BUSY HUNTING FOR  NEW  WORK!
DO THE MOST YOU CAN WITH WHAT YOU ALREADY HAVE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
EXERCISE ,[object Object]
SALES RESULTS ,[object Object],[object Object],“ EARN THE RIGHT”
SELLING IN TOUGH TIMES 3 x $ales ORDER TAKERS Vs SALES MAKERS HOW MUCH $$$$ DO THEY SELL? $ales
How’s your  MOOD   in the morning?
FINDING GREAT   SALESPEOPLE
PEOPLE ARE DIFFERENT s ome are really  Annoying & Irritating  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],HINT: Be More FLEXIBLE!
PEOPLE ARE DIFFERENT You can use  Personality Profiling  to better understand their work behaviour Round Pegs & Square Pegs
THE FOUR  DISC  PERSONALITY STYLES SERATONIN S Type  Amiable Phlegmatic Peaceful DOPAMINE I Type  Expressive Sanguine Popular CORTISOL C Type  Analytical Melancholy Perfect ADRENALINE D Type Driver Choleric Powerful Feelings Facts Tell Ask
DISC TOOL for SALESPEOPLE TOP GUN  SALESPEOPLE Higher D & High I HUNTERS Proactive Selling LOYAL  SALESPEOPLE Higher S & High I FARMERS Reactive Selling PROCESS TECHNICIANS Higher C & High S EXPERTS IDEAL SALES BEST CLEANERS
FINDING GREAT STAFF ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],NZ, 1 st  born
TRAINING  YOUR SALESPEOPLE
[object Object],[object Object],[object Object],[object Object],[object Object]
HEAD = Know Your Stuff ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
HEART = Use Emotion ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
HANDS = Action Oriented! ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
STAFF TRAINING REALLY PAYS “ I Dunno”
FIRST IMPRESSIONS COUNT
THE SALES PROCESS Quality or Quantity?
MAP YOUR SALES PROCESS
Know Your  Numbers! Web Visitors Email enq Phone enq Brochures sent Inspections Tentatives Bookings SALES $$$ Measure & Count  your  Activity &  Results Calculate Your  Conversion Rates Expo  visitors Ad Spend Repeats
YOUR SALES FUNNEL Know Your Numbers 20,000 Web Visitors 2,500 Phone calls 1,500 Email enq 5,000 ENQUIRIES 1,000 Walk ins 1000 BOOKINGS 333 REPEATS 2 out of 10  Book  –  20% 1 out of 3  Return  –  33% $ALE$ ADVERTISING & MARKETING
IMPROVING YOUR  CONVERSION RATE & AVG $ SALE PROSPECTS Number of Leads X CONVERSION RATE = CUSTOMER BOOKINGS Measure  your conversion rate – most are Overestimated AVERAGE  $ SALE  X SALES TURNOVER =
TURN MORE PROSPECTS  INTO SALES ,[object Object],[object Object],[object Object],[object Object],[object Object]
Some FACTORS affecting YOUR Sales Conversion Rate ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Improving Effectiveness  at Sales Process Activities ,[object Object],[object Object],[object Object],[object Object],TRAIN YOUR STAFF TO FISH!
SELL MORE “OFF-PEAK” Demand Overcrowding and  loss potential business Low occupancies Months Supply 5 Steps to Off Peak Success
ASKING EFFECTIVE QUESTIONS  that SELL DON’T TELL – SELL!
ASK! LEARN Questions, Scripts, Templates & OSCAR®
THE ‘TAKEOVER’ QUESTION ,[object Object],[object Object],DISCUSS PRICE & DATE  LAST
EXERCISE ,[object Object],[object Object]
MAKING SHIFT HAPPEN! Order taker or Sales maker! WED THU FRI SAT SUN MON TUE JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
SELLING OFF-PEAK ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ASK EFFECTIVE QUESTIONS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ALWAYS USE A PHONE SCRIPT R & R Rapport & Relationship N & S Needs & Solution C & C Close & Confirm
HANDLING EMAIL ENQUIRIES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
KNOW YOUR PRODUCT ,[object Object],[object Object],WHY NOT? GIVE ME A BIG ENOUGH “REASON WHY”!
7 REASONS WHY? Why You? Why your Venue? Why this Product/Service? Why this particular Day? Why Mid Year (off peak)? Turn  Features  into  Benefits “ Which Means” and “Because”
Develop your  Sales TOOLBOX ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Body Language Sells ,[object Object],[object Object],[object Object],[object Object]
EXERCISE ,[object Object],[object Object]
ASK AGAIN! Persistence & Resilience Follow Up! Follow Up! Follow Up! Ask for  Testimonials & Referrals ! Ask for the  Repeat Business!! Ask them to COME BACK!
CONFIDENT NEGOTIATION Strategies for  being a  great deal maker
FINANCIAL LITERACY Don’t Show Me the MONEY - SHOW ME THE  PROFIT! COGS
REMEMBER RULE #1 ,[object Object],[object Object],[object Object],[object Object],[object Object],TALK PRICE & AVAILABILITY LAST (NOT FIRST)
MANAGING YOUR  SALES TEAM
GOALSETTING CLARITY - ONE PAGE PLANNING ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Confucius says
YOU CAN’T MANAGE WHAT  YOU CAN’T MEASURE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
ALWAYS Monitor  your Positivity!
GO Spread the LOVE! CARPE DIEM -  SEIZE THE OPPORTUNITY
SALES IMPROVEMENT IDEAS GOALSETTING VISUAL TARGETS SALES MINDSET MEASUREMENT PRODUCT KNOWLEGDE COMPETITOR ANALYSIS PHONE SCRIPTS  EMAIL TEMPLATE SALES AIDS SALES SYSTEMS RACK RATES SUPPLY/DEMAND L.A.MARKETING FIRST IMPRESSSIONS BODY LANGUAGE PRESENTATION SKILLS ICEBREAKERS RAPPORT BUILDING EFFECTIVE QUESTIONS LISTENING SKILLS CLOSING THE SALE PRESENTATION SKILLS CONFIDENT PITCH NEGOTIATION SKILLS PRICING CONFIDENCE ASK FOR REFERRALS GET EMAIL ADDRESS GIVE GREAT SERVICE PRODUCT DELIVERY  FOLLOWING UP CUST SAT SURVEYS BUDGET vs ACTUAL FOLLOWING UP POSTCARDS/CONTACT E-NEWSLETTERS BUILD RELATIONSHIPS SEEK MORE  REFERRALS WORD OF MOUTH BIZ GET REFERRALS VALUE IMPROVEMENTS STRATEGIC PARTNERS CELEBRATE SUCCESS BEFORE DURING AFTER
NEXT STEPS WITH BIG DAVE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],STAFF, SERVICE , SALES & STRATEGY

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How To Sell Your Space

  • 1. HOW TO SELL YOUR SPACE Tips, Tools & Techniques for Selling More! “ Big Dave” Staughton www.bigdave.com.au
  • 2.  
  • 3. Business Background 2000 weddings over 15 years 56% W.O.M. 99% Satisfaction Best Reception Centre in Vic. 3 years in a row.
  • 4.  
  • 5.  
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  • 8. THE FUNCTIONS & EVENTS MARKET REACTIVE Families & General Public PROACTIVE Groups & Companies Fashion Parades Barmitzvah WAKES Weddings 21sts Birthdays Corporate Parties Schools Clubs and Associations Government 18ths Anniversaries Charity VENUE SPECIAL EVENTS Uni & Tafe
  • 9. EXERCISE: TARGET MARKETS FUNCTIONS THAT REALLY ADD VALUE FOR CLUBS? (NOT Detrimental to GAMING!)
  • 11. DO THE FUNCTIONS! FOCUS ON YOUR DATABASE ENQUIRIES & MEETINGS PAST CUSTOMERS PAST PROSPECTS NEW PROSPECTS WEB POTENTIAL PROSPECTS TOO BUSY HUNTING FOR NEW WORK!
  • 12.
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  • 14.
  • 15. SELLING IN TOUGH TIMES 3 x $ales ORDER TAKERS Vs SALES MAKERS HOW MUCH $$$$ DO THEY SELL? $ales
  • 16. How’s your MOOD in the morning?
  • 17. FINDING GREAT SALESPEOPLE
  • 18.
  • 19. PEOPLE ARE DIFFERENT You can use Personality Profiling to better understand their work behaviour Round Pegs & Square Pegs
  • 20. THE FOUR DISC PERSONALITY STYLES SERATONIN S Type Amiable Phlegmatic Peaceful DOPAMINE I Type Expressive Sanguine Popular CORTISOL C Type Analytical Melancholy Perfect ADRENALINE D Type Driver Choleric Powerful Feelings Facts Tell Ask
  • 21. DISC TOOL for SALESPEOPLE TOP GUN SALESPEOPLE Higher D & High I HUNTERS Proactive Selling LOYAL SALESPEOPLE Higher S & High I FARMERS Reactive Selling PROCESS TECHNICIANS Higher C & High S EXPERTS IDEAL SALES BEST CLEANERS
  • 22.
  • 23. TRAINING YOUR SALESPEOPLE
  • 24.
  • 25.
  • 26.
  • 27.
  • 28. STAFF TRAINING REALLY PAYS “ I Dunno”
  • 30. THE SALES PROCESS Quality or Quantity?
  • 31. MAP YOUR SALES PROCESS
  • 32. Know Your Numbers! Web Visitors Email enq Phone enq Brochures sent Inspections Tentatives Bookings SALES $$$ Measure & Count your Activity & Results Calculate Your Conversion Rates Expo visitors Ad Spend Repeats
  • 33. YOUR SALES FUNNEL Know Your Numbers 20,000 Web Visitors 2,500 Phone calls 1,500 Email enq 5,000 ENQUIRIES 1,000 Walk ins 1000 BOOKINGS 333 REPEATS 2 out of 10 Book – 20% 1 out of 3 Return – 33% $ALE$ ADVERTISING & MARKETING
  • 34. IMPROVING YOUR CONVERSION RATE & AVG $ SALE PROSPECTS Number of Leads X CONVERSION RATE = CUSTOMER BOOKINGS Measure your conversion rate – most are Overestimated AVERAGE $ SALE X SALES TURNOVER =
  • 35.
  • 36.
  • 37.
  • 38. SELL MORE “OFF-PEAK” Demand Overcrowding and loss potential business Low occupancies Months Supply 5 Steps to Off Peak Success
  • 39. ASKING EFFECTIVE QUESTIONS that SELL DON’T TELL – SELL!
  • 40. ASK! LEARN Questions, Scripts, Templates & OSCAR®
  • 41.
  • 42.
  • 43. MAKING SHIFT HAPPEN! Order taker or Sales maker! WED THU FRI SAT SUN MON TUE JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
  • 44.
  • 45.
  • 46. ALWAYS USE A PHONE SCRIPT R & R Rapport & Relationship N & S Needs & Solution C & C Close & Confirm
  • 47.
  • 48.
  • 49. 7 REASONS WHY? Why You? Why your Venue? Why this Product/Service? Why this particular Day? Why Mid Year (off peak)? Turn Features into Benefits “ Which Means” and “Because”
  • 50.
  • 51.
  • 52.
  • 53. ASK AGAIN! Persistence & Resilience Follow Up! Follow Up! Follow Up! Ask for Testimonials & Referrals ! Ask for the Repeat Business!! Ask them to COME BACK!
  • 54. CONFIDENT NEGOTIATION Strategies for being a great deal maker
  • 55. FINANCIAL LITERACY Don’t Show Me the MONEY - SHOW ME THE PROFIT! COGS
  • 56.
  • 57. MANAGING YOUR SALES TEAM
  • 58.
  • 59.
  • 60. ALWAYS Monitor your Positivity!
  • 61. GO Spread the LOVE! CARPE DIEM - SEIZE THE OPPORTUNITY
  • 62. SALES IMPROVEMENT IDEAS GOALSETTING VISUAL TARGETS SALES MINDSET MEASUREMENT PRODUCT KNOWLEGDE COMPETITOR ANALYSIS PHONE SCRIPTS EMAIL TEMPLATE SALES AIDS SALES SYSTEMS RACK RATES SUPPLY/DEMAND L.A.MARKETING FIRST IMPRESSSIONS BODY LANGUAGE PRESENTATION SKILLS ICEBREAKERS RAPPORT BUILDING EFFECTIVE QUESTIONS LISTENING SKILLS CLOSING THE SALE PRESENTATION SKILLS CONFIDENT PITCH NEGOTIATION SKILLS PRICING CONFIDENCE ASK FOR REFERRALS GET EMAIL ADDRESS GIVE GREAT SERVICE PRODUCT DELIVERY FOLLOWING UP CUST SAT SURVEYS BUDGET vs ACTUAL FOLLOWING UP POSTCARDS/CONTACT E-NEWSLETTERS BUILD RELATIONSHIPS SEEK MORE REFERRALS WORD OF MOUTH BIZ GET REFERRALS VALUE IMPROVEMENTS STRATEGIC PARTNERS CELEBRATE SUCCESS BEFORE DURING AFTER
  • 63.