by Diane Masson | Mar 3, 2013
We are all going a million miles a minute in senior housing sales and marketing. The phone is ringing, walk-ins show up unannounced, preparing and managing monthly events, helping our move-ins get settled, getting new sales, hand-holding upcoming move-ins, weekly meetings, reports and the list goes on and on. Many sales people eat lunch with prospects and work way past 5:00 PM.
These are the exact reasons that you do need a sales training. Call it a marketing retreat. Take a moment to get off the work treadmill and breathe. Rejuvenate and refresh the team. Remember why you love serving seniors and connect with some like-minded colleagues.
Pick a few topics that need improvement or clarity. Have a sales and marketing consultant or regional manager organize the retreat format. Make it fun…with prizes and a nice lunch to pamper them. Have it be all about improving their performance, so they can become more successful.
Depending on the size of your senior living company, some make the sales retreat experience a half-day, a whole or several days. It’s best to bring all the communities together at one time or break it down by state or region.
The marketing retreat goal should be – creating an opportunity for each senior living sales person to gain new knowledge and feel inspired. The sales people need to feel supported and appreciated by corporate and know that each of them are valued as individuals to the company.
Next week, I am going to talk about how role playing can help senior living sale people.
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
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
by Diane Masson | Feb 17, 2013
Are you so busy selling at work, that you thank a co-worker for their help as you race down the hall to your next appointment? Sales and marketing in senior housing cannot exist without operational support. To pull off a fantastic event, it takes great dining services, housekeeping and maintenance teams. Often the activity department is helping out too.
When moving residents into an apartment, it’s a collaborative effort between sales, maintenance and housekeeping. Once the resident moves into their new home at your retirement community, it takes the integration of the dining and activities team to help the senior feel settled. Take a moment to slow down and invite a few key department heads to lunch this week.
6 Tips when you take your senior housing co-workers to lunch:
- Appreciate how each department wants the senior residents to have a great life. Ultimately, all the department heads love the residents and want to do a great job serving them.
- Explain how sales and marketing appreciates the other departments. Share a few stories of how residents have shared with sales and marketing about how they have been helped by maintenance staff, housekeeping or had an incredible dining experience…
- Develop a deeper working relationship. Your lunch will create a shared experience. Ask – what are their biggest challenges now? Share what marketing challenges have happened recently and how many calls or appointments you do on weekly or monthly basis. (They may think you just sit in your office and chat with people on the phone or in person. How hard can that be?)
- Solve an on-going challenge without being in someone’s office or “territory.” For example: Every community could use better collaboration and communication in regards to apartment renovations.
- Take a moment to laugh. Show that sales and marketing is human and wants to enjoy the journey with them!
- Pick up the check and say thank you again! The other department heads will love you and feel appreciated.
How does your maintenance, housekeeping and sales teams coordinate to have the apartments ready for a move-ins? Are you organized enough to have 50 or 100 move-ins this year? Figure out how to improve as a senior community team over lunch. My meeting is scheduled for Monday…
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/
![Sales Meeting TIPS to Increase the Occupancy in 2013!]()
by Diane Masson | Jan 6, 2013
It’s time to grow your senior living occupancy in 2013! Let’s motivate the sales team on how to achieve your senior housing community’s goal. I assume you already have a budget of how many projected move-ins are required and the projected amount of move outs for your retirement community (The number of move outs seem to get higher every year – doesn’t it?)?
For those of you in smaller communities you may be having a sales meeting with yourself or one other person. The rest of you probably have a team of 2 to 4 sales people to motivate. Some sales people get very overwhelmed with the yearly goal. When they hear that 50 CCRC entrance fee move-ins or 120 assisted living move-ins are budgeted, you can look for the squirming in the seat and eye rolling. This means they don’t believe.
Well, it’s your job to believe the occupancy goal and encourage your people to believe.
Here are some tips to turn them into believers. Break down the yearly occupancy goal into monthly goals.
- How many sales are needed per month?
- What is each person’s monthly sales goal?
For a Continuing Care Retirement Community (CCRC) with three sales people and a goal of 50 move-ins – that’s 4 sales a month and about 1.3 sales per person per month. Calculate how many tours are needed per person and how many calls on average will draw in the tours per month.
For the same CCRC example it ends up being:
- 60 tours a month and 1,200 team phone calls per month or
- 20 tours and 300 calls per month for each sales person or
- 5 tours a week and 75 calls in a week for each team player
How easy is it for one person to do 1 tour and 15 calls in a day? This is how the 50 move-in yearly goal breaks down. It’s very easy to hit the yearly goal with a great team, a good organization, planned advertising to draw in new faces, excellent quality of programming, superb food and a first-class reputation of caring for the residents. It can be so simple to hit the goal for 2013. Just break it down for your team, BELIEVE and then your team will BELIEVE too!
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/
