by Diane Masson | Jan 5, 2014
Kick Start Your Senior Living Sales Momentum
Kick start your sales momentum in 2014! Here are 6 keys that your senior living team can do simultaneously or add one technique per month to increase occupancy.
- Decide to be proactive instead of reactive with your retirement community’s database. Set a goal of talking to the entire database this year. Make so many calls per week and per month. Call back every tour the next day.
- Create a new “wow” tour and teach other department heads the new tour.
- Study and learn a new closing technique.
- Ask for the deposit on every tour!
- Build strong relationships with prospects by caring about the senior’s best interests and not your paycheck. They will feel the difference.
- Generate new avenues for more prospective seniors to learn about and come to your senior living community.
Start the New Year with excitement, learn a new technique and hug your team! Group hug for everyone!
Please share your successes, failures or comment below to join the conversation and interact with other senior living professionals on what is currently being effective to increase occupancy on a nationwide basis.
Diane Twohy Masson is the author of “Senior Housing Marketing – How to Increase Your Occupancy and Stay Full,” available at Amazon.com with a 5-star rating. The book is required reading at George Mason University as a part of its marketing curriculum. Within this book, the author developed a sales & marketing method with 12 keys to help senior living providers increase their occupancy. Masson developed this expertise as a marketing consultant, sought-after blogger for senior housing and a regional marketing director of continuing care retirement communities in several markets. She has also been a corporate director of sales and a mystery shopper for independent living, assisted living, memory care and skilled care nursing communities in multiple states. Most recently Masson was recruited to consult for two debt-free Continuing Care Retirement Communities in Southern California – Freedom Village in Lake Forest and The Village in Hemet, California. Interestingly, this career started when she was looking for a place for her own mom and helped her loved one transition through three levels of care.
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by Diane Masson | Jul 14, 2013
One of the most common mistakes in senior living sales is believing the potential senior resident when they say, “I’m not ready yet!”. Please, please, please – don’t believe them. When you hear those four common words, simply change them to “I am scared”. It is so hard for a senior to give up their home of 30, 40 or 50 years and make a move. Just the idea of packing up all of their worldly possessions can be overwhelming.
Be professional, reassuring and always ask them their timeline for making a move. If they say they will move in a year, it will really be 6 months. If they say 5 years, it’s really about 2 or 3 years. You simply take the number they say and cut it in half, then you nurture that relationship with a touch every 3 months. If you do this already – way to go! Congratulations, because you are in the minority of senior living sales people.
Most senior living sales people, hear “I’m not ready yet” and bury that lead in their database. In our world of instant gratification, sales people just want to grab the people who say, I am ready now. Well guess what? Those are only 20% of the sales, so if your occupancy is down – here is probably why! 80% of seniors need to be listened to, nurtured and coddled into moving in.
Increase your senior housing occupancy today with this simple mind shift!
Please share your success, failures or comment to join the conversation and interact with other senior living professionals on what is currently being effective to increase occupancy on a nationwide basis.
Diane Twohy Masson is the author of “Senior Housing Marketing – How to Increase Your Occupancy and Stay Full,” available for sale at Amazon.com. Masson’s book will be required reading at George Mason University in the Fall as part of the marketing curriculum. She is currently consulting with two debt-free Continuing Care Retirement Communities in Southern California – Freedom Village in Lake Forest and The Village in Hemet, California. Connection and partnership opportunities: Email: diane@marketing2seniors.net
by Diane Masson | Jul 7, 2013
- Focus on personal and team occupancy goals (visualize success).
- Expect the entire senior living sales team to have a good attitude.
- Treat every initial lead as hot until they cool off.
- Listen to prospective residents and solve their problems.
- Don’t listen when they say, “I am not ready yet.”
- Give a wow tour!
- Introduce prospective residents to multiple residents and staff.
- Always inquire about a senior’s timeline on making a move.
- Ask for the deposit – every time.
- Have fun.
- Represent a beautiful and clean retirement community.
- Call potential senior residents or their boomer children the next day after the tour.
- The sales team needs to believe and treat every walk-in or Internet lead as though they are ready to move in now!
Please share your success, failures or comment to join the conversation and interact with other senior living professionals on what is currently being effective to increase occupancy on a nationwide basis.
Diane Twohy Masson is the author of “Senior Housing Marketing – How to Increase Your Occupancy and Stay Full,” available for sale at Amazon.com. Masson’s book will be required reading at George Mason University in the Fall as part of the marketing curriculum. She is currently consulting with two debt-free Continuing Care Retirement Communities in Southern California – Freedom Village in Lake Forest and The Village in Hemet, California. Connection and partnership opportunities: Email: diane@marketing2seniors.net
by Diane Masson | Feb 24, 2013
What Is The Best Incentive You Have Ever Given In Senior Living?
Discounting can be the owner’s operational nightmare and the sales persons best friend. Incentives cost the company money and affect the bottom line. Just giving away one month of rent can cost $2000 – $6000 depending on the retirement community. Yet, empty apartments are losing revenue month-after-month. Should you or should you not use incentives?
I believe that incentives can permanently ruin some sales people. Some sales people can ONLY sell apartments with incentives. When the gravy train stops they don’t know how to just simply sell an apartment at regular price to a senior. Seriously?!? In my opinion, this is right up there with someone who is simply an order taker in senior living.
The benefit of incentives is bumping up the occupancy to get ahead of the move outs in a very short period of time. Every senior living community has to look at their financials and determine what is best for them. If you have more two-bedrooms than one-bedrooms, an incentive on two-bedrooms can create balance again in your inventory. It is a funny thing in our industry – how every five years the surplus of a certain size apartment switches. Right now everyone seems to want a one bedroom…
Here are some common assisted living and independent living incentives:
- One free month
- The fourth month free
- No move in fee or a discount on the community fee
- A free TV
- A moving or downsizing allowance
Continuing Care Retirement Communities can use the same or different incentives:
- 90 – 100% Returnable entrance fees
- A percentage off future healthcare
- Paying for the move completely
- Discounting apartments that are the farthest walk from the dining room
- A discount off the entrance fee if a prospect commits to moving in within a short period of time
Do you use incentives? Which ones? Which incentive in your career resulted in the biggest flurry of sales for your retirement community? My favorite incentive of all time was a 100% returnable entrance fee at a new community that I opened. It worked like a charm! Within months, 70% of the building was spoken for, so we could start construction.
Please comment to join the conversation and interact with other senior living professionals on what is currently being effective to increase occupancy on a nationwide basis.
Diane Twohy Masson is the author of “Senior Housing Marketing – How to Increase Your Occupancy and Stay Full,” available for sale at Amazon.com. Masson’s book will be required reading at George Mason University in the Fall as part of the marketing curriculum. She is currently consulting with Seniors For Living and two debt-free Continuing Care Retirement Communities in Southern California – Freedom Village in Lake Forest and The Village in Hemet, California. Connection and partnership opportunities: Email: diane@marketing2seniors.net
![10 Training Tips For Senior Living Sales People in 2013]()
by Diane Masson | Jan 14, 2013
1) Identify your sales team’s attitude toward the occupancy goals – do they believe they can hit the occupancy goal? – if not – check out my blog tip from last week – Sales Meeting Tips to Increase the Occupancy in 2013.
2) Are they differentiating your senior living community from the competitor down the road? Never say anything bad about the competition, but always highlight your retirement community’s strengths.
3) Have you set a quota for a certain number of calls per week and is the director of marketing or executive director tracking it? Sales people just want seniors to come in and put down a deposit. A lot of sales are made with that quick follow up phone call to invite the senior back again for a 2nd or 3rd look.
4) A “wow” tour, including painting a picture of the lifestyle, can make the monthly fee look like a bargain…
5) Do you have exciting events that draw new faces into your community and inspire 2nd and 3rd looks to move forward?
6) One negative word, like calling your community a facility, can cause a senior to back away from the move. Who wants to leave their beautiful home and move into a facility?
7) Have your focused on selling to personalities? Some analytical drillers want every scrap of paper you have ever published on your community to make a decision and other seniors can walk away from information overload. Tailor each tour to the personality of each customer…
8) Focus on each senior’s hot buttons, like not being a burden to their kids…
9) Are you asking for the deposit – every single time?
10) Creating urgency to make a decision now is a must – it’s awesome when you have two different seniors considering the same apartment!
Diane Twohy Masson is the author of “Senior Housing Marketing – How to Increase Your Occupancy and Stay Full,” available for sale at Amazon.com. Masson’s book will be required reading at George Mason University in the Fall as part of the marketing curriculum. She is currently consulting with Seniors For Living and two debt-free Continuing Care Retirement Communities in Southern California – Freedom Village in Lake Forest and The Village in Hemet, California. Connection and partnership opportunities: Email diane@marketing2seniors.net Twitter: @market2seniors Web: www.marketing2seniors.net Blog: http://marketing2seniors.net/blog/
