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| 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:
- Phone ups are likely to show up.
- Prospects make your store visit their most important shopping visit.
- Grosses increase because a positive relationship began on the phone.
Example
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Untrained Salespeople can
average 10% appointment ratio |
vs |
Applied Concept’s clients can
average 30% appointment ratio |
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Phone-Up Leads Per Month |
200 |
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# of Appointments |
20 |
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Arrivals |
10 |
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Sales (50% close ratio) |
5 |
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Phone-Up Leads Per Month |
200 |
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# of Appointments |
60* |
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Arrivals |
30 |
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Sales (50% close ratio) |
15 |
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*You can triple appointments from your current volume of phone ups! |
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The Bottom Line
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5 |
Sales |
15 |
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Gross Per Unit |
Gross Per Month |
Gross Per Year |
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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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