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Home > Improve Floor Traffic > Cost of lost Phone Ups

Cost of lost Phone Ups

Ask yourself . . .  ‘Are my phones MAKING me money or COSTING me money?’

You spend a lot of money to make the phone ring and to create floor traffic.  NADA says that sales consultants convert about 10% of the phone up traffic into appointments.  Increasing the number of phone up appointments means:

  1. Phone ups are likely to show up.
  2. Prospects make your store visit their most important shopping visit.
  3. Grosses increase because a positive relationship began on the phone.

Example

Untrained Salespeople can
average 10% appointment ratio
vs Applied Concept’s clients can
average 30% appointment ratio
 

 

 

Phone-Up Leads Per Month

200

 

 

# of Appointments

20

 

 

Arrivals

10

 

 

Sales (50% close ratio)

5

 

 

 

 

 

Phone-Up Leads Per Month

200

 

 

# of Appointments

60*

 

 

Arrivals

30

 

 

Sales (50% close ratio)

15

 

 

 
*You can triple appointments from your current volume of phone ups!

 

The Bottom Line

  5 Sales 15  
 

$1,500

$7,500

$90,000

Gross Per Unit

Gross Per Month

Gross Per Year

$1,500

$22,500

$270,000

 

 

Based on this example, this store sold 10 more units per month and created $15,000 in gross because the sales consultants maximized every phone up.

Opportunity Doesn’t Knock . . . It Rings®

 

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©2007 Applied Concepts inc.