(video) Epcon Communites Goes Tech at National Sales Conference

February 26, 2010 by Mike Lyon · Comments
Filed under: Video Posts 

I’ve recently discovered, after presenting at Epcon Communities’ national sales summit, that Epcon agents are people who take action!

During the summit, I had the pleasure of sharing concepts with their sales team and builder partners on how to create digital communities. We talked about integrating new technology into the sales process.

After my discussion on incorporating video into the sales presentation about 12 sales executives didn’t just take notes, they took action. They went to Target and bought Flip Mino cameras (rumor has it security almost kicked them out for trying to negotiate a group discount)

You know me, I never go anywhere without my own Flip. While I was there I shot a few clips myself with some amazing individuals!

In the first interview, I talk with Phil Fankhauser the CEO of Epcon and the best-dressed man in the industry. He shared some great concepts the night before. Here is my favorite quote, “If the market is 17% off, doesn’t that mean we are 83% on?”

Next up is Nanette Overly, the VP of Sales and a dynamic individual discussing action steps for 2010.

And finally, Ed Barber, Sales Executive of the year for Epcon talks about how he is going to use video email to blow up his business in 2010. (plus he talks about his dog, Teddy Bear)

Win Seth Godin’s New Book – Linchpin

February 12, 2010 by Mike Lyon · Comments
Filed under: Fun Stuff 

UPDATE: Most of this conversation is happening on Facebook – check it out here and join the conversation

Are you indispensable? Tell me why and you can win a copy of Seth Godin’s new book Linchpin. Watch the video for details and leave a comment, send a tweet, post on Facebook. Bonus points if you leave a video comment.

See Seth Godin talk about his book here:

Is Social Networking a Waste of My Time?

February 11, 2010 by Mike Lyon · Comments
Filed under: Best Practices 

“How in the world am I supposed to keep up with all of the Social Media stuff, I don’t have enough time as it is?” I hear this question just about every time I present on the subject.

I just finished a great webinar with sales agents about social networking and building communities while building a powerful personal brand. Sure enough, during the Q.A. portion, someone asked it again.

I think it is an extremely valid question. The last thing you would want social networking to be is a time sucker, especially if it replaces critical business development opportunities. My standard answer is don’t spend more than 45 minutes a day of your “business” time.

Let’s face it, I have yet to see someone be 100% efficient from 8-5 every single day. So take some of that spare time and engage in your digital network. On that same note, don’t get caught in what we call “digital quicksand” where you emerge hours later and realize you have been doing nothing but playing Mafia Wars.

It may look like I spend more time on these sources than others, but I follow my own advice. I have a few tools that allow me to be efficient. (tweetdeck, hootsuite etc) but my swiss army knife is my iPhone loaded with all of my social networking apps. Because I am connected, I can use my “down time” for connecting with others. Yes, you will have to trade in your “dumb” phone for a “smart” phone – I talked about that in a recent post.

Think of all those times you are waiting around. Maybe you are getting your oil changed, stuck in traffic, waiting for the dentist, sitting at the mall waiting for your wife to finish shopping at the Gap – you name it. This is a great time to pop on Facebook and talk to a few folks, send a retweet or comment on a LinkedIn discussion.

If you are committed to using social networking to build your business, this is how you can do it without wasting time. Or you can just stop watching American Idol and use that time to build your brand – just a thought. Some call that being a workaholic; I just call it smart business.

I shot this video on my iPhone waiting for my oil to get changed. (I was a bit under the weather, sorry for looking so rough)

7 Phrases for Setting Appointments

February 8, 2010 by Mike Lyon · Comments
Filed under: Best Practices 

Leads are great, but what value do they have unless you can convert the prospect into an appointment. Too often, a sales executive will assume that they are the only game in town. They say to themselves, "Hey, I have this great prospect talking to me via email or the phone, they are so close – this deal is in the bag." With this mindset – they give great information (sometimes too much) and have the attitude that when they are ready they will call back or email to set that appointment. Thinking to themselves, “Where else are they going to go? I am the only one working on this listing/community/home.”

Remember, speed wins and in many cases you not only need to be fast with your responses but also fast to get them to meet in person.

I believe every interaction with a lead, either on the phone or by email, should have the end goal in mind of setting an appointment.

To do this you need to be armed with some great "closing" scripts. In the lead management process your first opportunity to "close" is by setting the appointment. Here are 7 phrases I have tested that work extremely well.

  1. The Assumptive Close: "It seems like you are interested in this home. The next step would be to meet in person. What time would work for you?"
  2. The Soft Close: "Thank you so much for taking the time to talk. What do you think about meeting in person for a VIP tour?"
  3. The Trial Close: "Do you feel like you have enough information to take the next step and meet in person?"
  4. The Hard Close: "What are we waiting for, let’s get together today!"
  5. The "No means yes" Close: “You wouldn’t mind if I asked you to set a time to meet in person, would you?"
  6. The Tie Down Close: "I think an in person meeting makes perfect sense, don’t you?"
  7. The Alternative Close: "I would love to set a time for a VIP showing. We have time during the week or on the weekend, which works best for you?"

In most conversations your prospect will give you all the chances you need to ask for the appointment. Remember, the appointment is merely the natural end to a great interaction. What is the worst they are going to say? No… Go for the no every time. But don’t give up. If they don’t set the appointment right away be sure to have another reason to follow up with them and keep the conversation going.

So what is your most effective way to set an appointment?

Video Interviews from the International Builders’ Show – Round 3

February 2, 2010 by Mike Lyon · Comments
Filed under: News, Video Posts 

Last but certainly not least, here is the final round of videos from the International Builders’ Show. If you want to check out all the interviews from IBS, they are here on YouTube.

One of the highlights of the show for me was meeting John Fanning, the Co-Founder of Napster. (if you aren’t familiar with Napster, it is the service that basically turned the entire music industry upside down) He attended the Extreme E-Marketing presentation on Thursday and we spent a few minutes throwing around some video communication ideas.

Want some great marketing ideas from the best in Australia? Darren Mehl is the marketing manager for Metricon, Australia’s largest homebuilder. I spent half of my final day hanging out with him and the executive team soaking up as much as I could. Darren is extremely sharp and an all-in-all cool guy (its not just the accent).

Good thing I had my iPhone ready when I bumped into Extreme Makeover Home Edition, in the cab line. He shared some great stuff plus said some nice words about Simmons Homes. As I write this, I am working with Simmons on their third Extreme Makeover. (watch out, volume is high on this one)

I caught Jason Forrest from Shore Forrest in the hall after an event. I wanted him to talk about his new book, the 40 Day Sales Dare. I love the concept plus the interactive blogging from those who are on the dare.

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Mike Lyon

Mike Lyon

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